HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Dumb award trading question?
Hi All-
I own an AO derivative of a certain oscar nominee that has gone up in value. if said nominee wins and his derivative cashes out at H$25, what is the multiplier? Is it just $25 per derivative? (if so, with a max of 10000 derivatives allowed to be purchased, the total possible payout would be H$250,000) Or, is there some other multiplier like the value of the derivative at close of trading, making the potential payout SUBSTANTIALLY larger? (i.e. if the derivative is at H$10 when trading is closed and you have 5000 derivatives purchased at H$5... would you be paid out at H$25 x H$50000(VALUE) for a total of H$1,250,000?)
Please advise... I don't wanna do something really dumb and leave money on the table. Thanks!!
Dumb award trading question? Feb 10, 18:18
it's your first thought. If the AO wins the derivative cashes out at $25/share {nm} Feb 10, 20:08
thank you! {nm} Feb 10, 20:20