HSX Forum

Playing & Trading Strategy

Calls/Puts are not the closing price, they are the "strike price" for opening weekend ONLY. See glossary (attached) definitions.

Posted by: Port Value League Admin (a.k.a Rocket123) on May 02, 19:19 in response to skeptech's post CALL / PUTS

Call

A call option is the opposite of a put option. A call speculates that the related MovieStock will have a higher box-office take for its opening weekend than the strike price. For example, a H$15 call for Jillian in June has a strike price of H$15, and will cash out at zero if the movie does not make $15 million or more during opening weekend. See: Option.

Put

A put is a form of option that speculates a related movie will have a lower box-office take for its opening weekend than the strike price. A H$15 put for Jillian in June has a strike price of H$15, and will cash out at zero if the movie takes in more than $15 million during opening weekend. See: Option.





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