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Definition of a put from any put derivative on HSX

Posted by: Dorfman on May 08, 08:27 in response to Dorfman's post I think that's the OW not the PUT or Call. If it makes...

A put option speculates that the related movie will have a lower box office take for its opening weekend than the strike price. A H$20 put has a strike price of $20M, and will cash out at zero if the movie makes more than $20 million during opening weekend. If the film makes less than $20 million it will cash out at a price determined by the following formula: (Strike Price - Actual Box Office). For Example: if the film made $15 million the put would cash out at H$5.00 (H$20 - H$15).

Mad Max: Fury Road DouglasPennington May 07, 10:51

If it feels good do it! Talbain May 07, 11:17

Correction: short the PUT option. I really wish we could delete a post when there is a typo. {nm} CactusLand May 08, 07:12

If you're betting on Max winning, I'd short the call option. {nm} CactusLand May 08, 07:10

*short the PUT option. {nm} CactusLand May 08, 07:13

wasn't AVNG2 a reminder why not to short a PU.. best case you earn 40k, worst case you lose 10x that {nm} andy007 May 08, 08:22

I think that's the OW not the PUT or Call. If it makes its strike. then it cashes out at 0. So the most you lost on avengers PUT if you Dorfman May 08, 08:26

Definition of a put from any put derivative on HSX Dorfman May 08, 08:27

but avng2.pu cashed out at $23, if you shorted then you lost ~$20/share {nm} andy007 May 08, 09:25

Correct. The most you can lose on a long is purchase + commission. Your ability to lose money on shorts is infinite. {nm} Initech May 08, 10:31

Well yes cause the PUT price got so high and then cashed out at zero.. {nm} Dorfman May 08, 11:12

oops sorry got it backwards.. {nm} Dorfman May 08, 11:13