HSX Forum

Playing & Trading Strategy

Additional question about OW

Posted by: Llew on Jun 26, 13:12 in response to mrcolwin's post Opening Weekend warrant question

What happens with an opening weekend warrant if the film opens below the strike price? How will it cash out? The description does not mention this. Will it cash out at zero as the blockbuster warrant?

The strike price of The Flash OW was 110, so i shorted it, and earnd on the cash out, but this was the first time I did that with an opening weekend warrant.

With the 25,000 limit and the H$ 5 starting price, it's only a little lose at zero cash out with the BW, and not realy worth the shorting. On the other hand, with an OW it could be worth it, but such a failure as The Flash is rare.





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Jermaine Fowler (JFOWL) 25000 4.41 (+0.05)          One Night Only - Opening Weekend (ONTON.OW) 11111 9.25 (0.00)          Moana - $115M Blockbuster Warran (MOAN1.BW) 25000 5.56 (+0.56)          The Haunting of Hotel Transylvan (HTRN5) 150000 78.47 (+2.63)          Jane (JANE1) 150000 10.78 (-0.06)          Dacre Montgomery (DMONT) 25000 32.93 (+0.12)          Jack of Spades (JACSP) 150000 6.19 (-0.01)          Sope Dirisu (SDIRI) 25000 12.86 (+0.20)          Super Troopers 3 - Opening Weeke (STRO3.OW) 6000 13.05 (0.00)          Rege-Jean Page (RPAGE) 25000 38.75 (+0.12)          Inground (NGRND) 150000 5.76 (-0.03)          Super Troopers 3 - Opening Weeke (STRO3.OW) 1888 13.05 (0.00)          NDA (NDA) 15000 8.56 (+0.73)          Juliette Lewis (JLEWI) 25000 11.24 (0.00)          The End of Oak Street H$30 Call (FLWVS.CA) 25000 1.45 (-0.09)          Russell Crowe (RCROW) 25000 9.80 (+0.05)          Ali G: Who Iz I? (ALIG2) 5000 21.18 (-0.23)          The Get Out (BEARC) 150000 1.70 (-0.04)          Ibelin (IBELN) 150000 6.39 (-0.03)          Moana - $115M Blockbuster Warran (MOAN1.BW) 25000 5.56 (+0.56)          Five Nights at Freddy's 3 (5NAF3) 1666 82.82 (0.00)          Homewrecker (HMWRC) 150000 20.90 (+0.04)          Minions & Monsters $155M Blo (MNIO3.BW) 20000 10.37 (+0.35)          PAW Patrol: The Dino Movie H$20 (PAWP3.CA) 100 0.84 (-0.01)          Home (HOME1) 150000 9.17 (-0.03)          PAW Patrol: The Dino Movie H$20 (PAWP3.CA) 100 0.84 (-0.01)          The Partner (PRTNR) 3333 46.56 (-0.19)          Super Troopers 3 H$15 Call (STRO3.CA) 100 0.91 (-0.02)          Dennis (DENIS) 20000 5.09 (+0.05)          Super Troopers 3 H$15 Call (STRO3.CA) 100 0.91 (-0.02)          Jennifer's Body 2 (JBOD2) 150000 14.56 (+1.15)          Horsegirls (HRSGR) 8000 0.17 (0.00)          Samara Weaving (SAWEA) 25000 6.16 (+0.05)          The Isolate Thief (ISOLT) 8000 0.21 (0.00)          Gravity Rush (GRVTR) 150000 7.35 (-0.05)          PAW Patrol: The Dino Movie - Ope (PAWP3.OW) 5000 19.23 (+0.10)          Savage House (SVGHS) 8000 0.07 (+0.01)          Stiletto (STLTO) 1 3.66 (+0.41)          Girls Trip 2 (GRLT2) 150000 16.01 (-0.04)          The Wizard of the Kremlin (WZKRM) 37 1.18 (0.00)          The End of Oak Street - Opening (FLWVS.OW) 4000 27.46 (-0.44)          Stiletto (STLTO) 150000 3.66 (+0.41)          Stiletto (STLTO) 150000 3.66 (+0.41)          Driver's Ed (DRVED) 9 0.45 (0.00)          Gambino (GMBNO) 150000 7.18 (-0.03)          One Night Only - Opening Weekend (ONTON.OW) 100 9.25 (0.00)          Moana - $115M Blockbuster Warran (MOAN1.BW) 25000 5.56 (+0.56)          The Haunting of Hotel Transylvan (HTRN5) 150000 78.47 (+2.63)          One Night Only - Opening Weekend (ONTON.OW) 100 9.25 (0.00)          Katy Perry: The Lifetime Tour - (KPTLT) 10000 7.83 (0.00)