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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