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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Obsession $150M Blockbuster Warr (OBSSN.BW) 25000 13.66 (+0.28)          The Comebacker (CMBAC) 124599 26.85 (-1.50)          Avengers: Secret Wars (AVNG6) 150000 490.36 (+0.75)          The Six Billion Dollar Man (6MILL) 149999 6.53 (-0.04)          The Only Living Pickpocket in Ne (OLPNY) 150000 2.42 (-0.19)          Attack of the 50 Foot Woman (A50FW) 149999 39.00 (-0.31)          Attack of the 50 Foot Woman (A50FW) 149999 39.00 (-0.31)          Attack of the 50 Foot Woman (A50FW) 149999 39.00 (-0.31)          Attack of the 50 Foot Woman (A50FW) 149999 39.00 (-0.31)          Night of the Living Dead (NOTLD) 149999 2.45 (-0.01)          Lice (LICE) 25000 5.38 (+0.93)          Watch Dogs (WTDOG) 150000 8.69 (-0.05)          Jane (JANE1) 20000 13.02 (+1.20)          Mia Goth (MGOTH) 13121 31.68 (-0.06)          El Muerto (MUERT) 150000 3.52 (-0.04)          El Muerto (MUERT) 149999 3.52 (-0.04)          Flywheel: Ignition of the Soul (FLYWH) 25000 8.98 (-0.49)          Madden (MADEN) 149999 5.49 (-0.03)          Polly Pocket (POLYP) 20000 18.57 (-0.85)          The Comebacker (CMBAC) 20000 26.85 (-1.50)          Hypno-Hustler (HYPHU) 149999 4.66 (-0.03)          Fortitude (FRTUD) 20000 10.77 (-1.75)          Broadsword (BROSW) 149999 42.05 (-0.14)          Jon Bernthal (JBERN) 25000 37.51 (+0.12)          Constantine 2 (CNST2) 149999 32.58 (-0.13)          Fast & Furious Presents: Hobbs & (FFHS2) 149999 17.22 (-0.05)          Samantha Morton (SMORT) 25000 72.68 (+0.50)          Deeper (DEPER) 149999 32.20 (-0.13)          Teen Titans (TEENT) 149999 31.11 (-0.09)          Sgt. Rock (SGROC) 149999 21.00 (-0.05)          Sterling K. Brown (SKBRO) 25000 7.91 (+0.10)          Lice (LICE) 149000 5.38 (+0.93)          Colman Domingo (CDOMI) 8934 116.02 (-0.22)          Transformers 8 (TFRM8) 10000 39.06 (-0.07)          Cut Off (CUTOF) 10000 28.10 (+0.07)          The Conjuring: First Communion (CNJU5) 10000 93.48 (+0.10)          The Wild Robot Escapes (TWRB2) 10000 39.12 (-0.07)          The Angry Birds Movie 3 (ANGR3) 10000 37.70 (-0.07)          Remain (REMAN) 10000 68.60 (-0.06)          Flywheel: Ignition of the Soul (FLYWH) 100000 8.98 (-0.49)          Clayface (CLAYF) 10000 90.82 (+0.10)          Escape From New York (ESCNY) 50000 16.71 (-0.26)          Girls Like Girls (GRLGR) 10000 6.58 (-0.05)          Gladys aka Weapons prequel (WEPN2) 10000 68.53 (-0.06)          Toy Story 5 H$125 Call (TOYS5.CA) 25000 8.25 (+0.03)          Christmas At The Kringles (CKRNG) 10000 8.40 (+0.06)          Christmas At The Kringles (CKRNG) 10000 8.40 (+0.06)          Will Forte (WFORT) 25000 14.00 (-0.20)          Christmas At The Kringles (CKRNG) 10000 8.40 (+0.06)          Emory Cohen (ECOHE) 25000 26.36 (+0.12)