HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
| Symbol: | 8BECA |
| Status: | Inactive |
| Delist Date: | Feb 21, 2006 |
MovieStock: Eight Below
Options are Hollywood Derivatives based around a specific event. Typically 'calls' and 'puts' options are offered for a MovieStock opening in wide release. This form of speculation lasts only for the opening weekend.
Call
A call option is the opposite of a put option. A call speculates that the related MovieStock will have a higher box office take for its opening weekend than the strike price. A $20 call has a strike price of $20, and will delist at zero if the movie does not make $20 million or more during opening weekend. If the film makes more than $20 million it will cash out at a price determined by the following formula: (Actual Box Office - Strike Price). For Example if the film made $25 million the call would cash out at H$5.00 (H$25 - H$20).
Eight Below H$15 (Fri-Mon) Call (8BECA)
H$9.97 February 21, 2006
Delist Date Delist Price
Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 0
| This Week | H$4.08 | H$2.91 |
| This Month | H$4.08 | H$1.35 |
| This Season | H$4.08 | H$1.35 |
| This Year | H$4.08 | H$1.35 |
What is a: Derivative, Status, Change Today