Okay first how often do Warrants appear in the derivative section?
Do we just have to look periodically?
When do they appear, after the 4th week of a blockbuster?
What detemines if they offer a warrant?
So currently The Martian has a strike price of $170 Million, it's earned $168Million as of yesterday, it has a price of $10.56 so I gather for me to earn a dime it has to make $180Million. Which is a sure thing now. If it makes say $220 Million, which is $50 million over strike price and $40 million over what I purchased them.
So when it cashes out at 12 weeks and I have 20,000 shares so should I get 20,000 x $40 = $800,000?
Now if I decide to get out of the derivative before the 12 weeks I have to use the cover option, correct?
Shorting the derivative if I'd think it wouldn't make the strike?
Thanks.