Market Announcement: We are working to restore 'Sign In with Facebook'. Please login using your HSX Username.

Alvin and the Chipmunks: Chipwrecked $120M Blockbuster Warrant

Symbol:ALVN3.BW
Status:Inactive
Delist Date:Mar 5, 2012

Description

Blockbuster Warrants

Blockbuster Warrants are Hollywood Derivatives which allow traders the opportunity to invest in the long-term financial success of the biggest studio movies. Blockbuster Warrants are similar to Call Options, except the strike price is set for 12 weekends of box office.

If this particular film makes the strike price by its 12th weekend, then the warrant will cash out at the difference between the actual box office and the strike price. If the film does not hit the strike price, then the warrant will cash out at zero. The Blockbuster Warrant will cash out after its 12th weekend of release.

For Example: A $100M Blockbuster Warrant has a strike price of H$100. It will delist at zero if the movie does not make more than $100 million after 12 weekends. If the film makes more than $100 million, then the Warrant will cash out at a price determined by the following formula: (Actual Box Office - Strike Price). If the film made $125 million, then the Warrant would cash out at H$25.00 ($125 - $100).



Related Securities

MovieStocks

Related Posts

Forum DiscussionsMore »

Alvin and the Chipmunks: Chipwre (ALVN3.BW)

H$10.80 March 5, 2012

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 183,000

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$10.55 H$9.86
This Month H$10.55 H$9.08
This Season H$10.55 H$7.01
This Year H$10.55 H$5.00

Quick HelpGlossary »

What is a: Derivative, Status, Change Today


Think you can manage?

Think you have what it takes to manage a Movie Fund? If you have a portfolio worth over H$100 million, then submit your fund idea proposal to macdaddy@hsx.com.

John Wick: Chapter 3 (WICK3) 100000 68.03 (+4.89)         The House (THOUS) 10000 50.96 (+0.09)         The 15:17 to Paris (1517P) 50000 33.86 (+0.66)         The 15:17 to Paris (1517P) 50000 33.86 (+0.66)         Baby Driver (BDRIV) 50001 43.37 (+3.27)         The 15:17 to Paris (1517P) 50000 33.86 (+0.66)         Downton Abbey (DWTAB) 60000 16.49 (+2.65)         Sherlock Holmes 3 (HOLM3) 100000 27.94 (+4.15)         Grasshopper Jungle (GHOPJ) 40000 20.00 (0.00)         Grasshopper Jungle (GHOPJ) 1500 20.00 (0.00)         The Greatest Showman (TGSOE) 100000 33.41 (+2.46)         Cowboy Ninja Viking (CBNVK) 49999 17.05 (-0.15)         My Little Pony (MLPNY) 100000 38.03 (+0.86)         Despicable Me 3 (DESM3) 666 260.61 (-1.18)         A Bad Moms Christmas (BADM2) 100000 89.25 (+1.45)         War for the Planet of the Apes (APES3) 100000 162.02 (+1.62)         Despicable Me 3 (DESM3) 1000 260.61 (-1.18)         Lucky (LUCKE) 100000 2.00 (0.00)         Birth of the Dragon (BOTDR) 100000 6.43 (+1.21)         John Wick: Chapter 3 (WICK3) 100000 68.03 (+4.89)         Toby Kebbell (TKEBB) 20000 42.47 (+2.14)         Grasshopper Jungle (GHOPJ) 100000 20.00 (0.00)         John Wick: Chapter 3 (WICK3) 100000 68.03 (+4.89)         Wonder Woman $312.5M Blockbuster (WONDR.BW) 20000 6.04 (+1.04)         Toby Kebbell (TKEBB) 20000 42.47 (+2.14)         Wonder Woman $312.5M Blockbuster (WONDR.BW) 18106 6.04 (+1.04)         The 15:17 to Paris (1517P) 100000 33.86 (+0.66)         Lucky (LUCKE) 100000 2.00 (0.00)         The Conjuring 3 (CNJU3) 100000 31.69 (+5.17)         StarBonds Fund (BONDS) 5000 85.37 (+0.07)         The Conjuring 3 (CNJU3) 100000 31.69 (+5.17)         Wonder Woman $312.5M Blockbuster (WONDR.BW) 1894 6.04 (+1.04)         Baby Driver (BDRIV) 9195 43.37 (+3.27)         Wonder Woman $312.5M Blockbuster (WONDR.BW) 20000 6.04 (+1.04)         Spider-Man: Homecoming H$110 Cal (SPID6.CA) 20000 3.26 (+0.23)         War for the Planet of the Apes (APES3) 2000 162.02 (+1.62)         Sherlock Holmes 3 (HOLM3) 3000 27.94 (+4.15)         Grasshopper Jungle (GHOPJ) 100000 20.00 (0.00)         John Wick: Chapter 3 (WICK3) 50000 68.03 (+4.89)         Wonder Woman $312.5M Blockbuster (WONDR.BW) 6000 6.04 (+1.04)         Lucky (LUCKE) 100000 2.00 (0.00)         Grasshopper Jungle (GHOPJ) 4017 20.00 (0.00)         Just Cause (JCAUS) 30000 18.10 (-0.68)         The ExpendaBelles (XPNBL) 100000 3.64 (+0.83)         Escape From New York (ESCNY) 90000 52.26 (-1.10)         Downton Abbey (DWTAB) 40000 16.49 (+2.65)         Wonder Woman $312.5M Blockbuster (WONDR.BW) 20000 6.04 (+1.04)         Sherlock Holmes 3 (HOLM3) 100000 27.94 (+4.15)         Lucky (LUCKE) 100000 2.00 (0.00)         Spider-Man: Homecoming H$110 Cal (SPID6.CA) 20000 3.26 (+0.23)