HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
same as any other stock...
If an awardoption wins an oscar for their category they cash out at a certain price.
If an awardoption does not win the oscar for their category, they cast out at $0.
If you short an awardoption and it does not win, it will cash out at $0 and you basically double the money you invested.
If you short an awardoption and it does win, then you lose the amount between the amount it cashes out at and the price you paid.
what happens when you short an awardoption? {nm} Feb 21, 11:48
Well if it's HTUB2, you make $$$ {nm} Feb 21, 11:49
Now there is an idea: Razzie NominOptions. {nm} Feb 21, 16:08
Basically, it is betting against in the HTUB2 case, you bet the film will make less than 12.08 (price at halt) {nm} Feb 21, 11:51
thanks, but I meant the AwardOptions..Oscar predictions... {nm} Feb 21, 11:55
you're betting that the particular film or star won't win. {nm} Feb 21, 11:58
same as any other stock... Feb 21, 12:00
general strategy is to long the one you think will win and then you can short the rest {nm} Feb 21, 12:01