HSX Forum

Playing & Trading Strategy

Long run probably will be decent but what about $25call.

Posted by: winstonman78 (a.k.a Dorfman) on Mar 31, 07:51 in response to Flash's post My only thought is that each movie must stand on its own....

I don't see a great story here and I'm usually a big fan of animated movies thanks to my 2 kids.    I'm sure the movie will probably do decently.  But does anyone think it will actually be able to make $25 mil opening weekend?  I think only way it will is cause there isn't a lot coming out this weekend. 


Question for you.   I understand that if you buy shares  in a $25PUT.  THe movie makes under $25mil say it makes $24mil.  Then it pays out at $1 a share.  The max is 20,000 shares right?  Thats only $20,000.  Is that on top of the value of the PUT before it was halted?  The reason why i ask is I currently I have 20,000 shares of HOP $25PUT bought at $1.56 and it is currently worth $38,800.  So if HOP only makes $24mil opening weekend do I lose $18,800?  Or is the $1 a share on top of what the shares were worth when trading was halted?





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