HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
If HOP makes $24 mil, you will lose money.
You invested $1.56 x 20,000 shares, $31,175. Then, now the stock price is $1.67, so if you haven't sold it, you've made $2,200 (.11 cents a share).
If you bought the option at $1.56, and HOP made $23.44 mill, you will break even (actually, you'll lose a little money because of the 1% trading fees). Anything over that, and you lose money, and anything under that, you make money.
Personally, I think the higher risk but better bet is in shorting HOP opening weekend, which is around $27.46, and you can buy 100,000 shares. Then, if HOP makes $24 mil, you'll be loook at $3.46 x 100,000 shares profit.
[HOP] over estimated at $25 mil Mar 28, 21:48
It certainly is speculation, but it's also statistics and reasonable speculations can be made. Hold long if you want... {nm} Mar 29, 21:10
My only thought is that each movie must stand on its own.... Mar 30, 08:34
Long run probably will be decent but what about $25call. Mar 31, 07:51
This of course would mean the shares would still be worth $38,800 when halted. LIke if it halted right now {nm} Mar 31, 07:52
If HOP makes $24 mil, you will lose money. Mar 31, 15:44
WoW i didn't think about that. Makes perfect sense though. {nm} Mar 31, 20:28
And HOP does have a chance to do $24 mill as it'll be opening on 3,700 screens - no speculation there. Mar 31, 15:49
Hope you reversed position in time {nm} Apr 03, 20:23