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Argo $100M Blockbuster Warrant

Symbol:ARGO.BW
Status:Inactive
Delist Date:Jan 2, 2013

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 in wide release.

If this particular film makes the strike price by its 12th weekend of wide release, 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.

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).



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Argo $100M Blockbuster Warrant (ARGO.BW)

H$8.43 January 2, 2013

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 340,156

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$11.06 H$10.72
This Month H$11.26 H$10.58
This Season H$11.26 H$5.00
This Year H$11.26 H$5.00

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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.

Frozen 2 (FROZ2) 500 191.66 (+0.12)         Jai Courtney (JCOUR) 1 98.40 (+0.60)         Blade Runner 2049 H$40 Call (BLAD2.CA) 7000 3.58 (+0.10)         Blade Runner 2049 (BLAD2) 100000 104.68 (+0.30)         It $290M Blockbuster Warrant (IT1.BW) 11547 5.00 (0.00)         Blade Runner 2049 H$40 Call (BLAD2.CA) 7000 3.58 (+0.10)         Splash (SPLSH) 100000 33.98 (+3.98)         Peter Jackson (PJACK) 1 200.45 (+0.85)         Clint Eastwood (CEAST) 1 109.68 (+0.85)         Splash (SPLSH) 100000 33.98 (+3.98)         It $290M Blockbuster Warrant (IT1.BW) 20000 5.00 (0.00)         Jamie Foxx (JFOXX) 19999 96.67 (+0.81)         It $290M Blockbuster Warrant (IT1.BW) 20000 5.00 (0.00)         Warner Bros. Studio Fund (WBROX) 10000 12.35 (+0.07)         The Kid Who Would Be King (KWWBK) 100000 22.87 (+1.49)         Universal Studio Fund (UNIVX) 10000 9.66 (+0.05)         Splash (SPLSH) 100000 33.98 (+3.98)         Francis Lawrence (FLAWR) 1 201.14 (+1.00)         Sony Studio Fund (SONYX) 10000 10.13 (-0.01)         Lupita Nyong'o (LNYON) 1000 166.42 (+0.87)         Orlando Bloom (OBLOO) 500 134.21 (+0.86)         Kingsman: The Golden Circle (KTSS2) 100000 107.92 (-4.30)         Michelle Rodriguez (MRODR) 20000 123.29 (+1.14)         Kingsman: The Golden Circle (KTSS2) 100000 107.92 (-4.30)         Lionsgate Studio Fund (LGFX) 10000 10.19 (-0.02)         Emma Watson (EMWAT) 1000 78.96 (+0.81)         The Kid Who Would Be King (KWWBK) 100000 22.87 (+1.49)         Splash (SPLSH) 1000 33.98 (+3.98)         The Kid Who Would Be King (KWWBK) 100000 22.87 (+1.49)         Fox Studio Fund (FOXX) 10000 9.87 (0.00)         The LEGO Ninjago Movie (NJAGO) 2000 92.58 (-9.92)         It $290M Blockbuster Warrant (IT1.BW) 20000 5.00 (0.00)         Disney Studio Fund (DISNX) 10000 14.92 (+0.42)         It: Chapter Two (IT2) 750 179.23 (+1.14)         Corey Hawkins (CHAWK) 1 133.78 (+1.14)         Lee Pace (LPACE) 1 195.17 (+1.14)         Revolt (POWAR) 100000 0.67 (-0.09)         It $290M Blockbuster Warrant (IT1.BW) 20000 5.00 (0.00)         Friend Request (FRQUS) 2000 5.38 (+0.57)         Mila Kunis (MKUNI) 1 42.43 (-0.26)         Splash (SPLSH) 100000 33.98 (+3.98)         Splash (SPLSH) 100000 33.98 (+3.98)         Splash (SPLSH) 100000 33.98 (+3.98)         The King's Choice (TKSCH) 100000 0.97 (+0.06)         Kristen Stewart (KSTEW) 1 3.84 (+0.04)         Jay & Silent Bob Reboot (JSBO2) 1200 18.16 (+1.44)         Michelle Rodriguez (MRODR) 400 123.29 (+1.14)         Vin Diesel (VDIES) 500 117.39 (+0.86)         It $290M Blockbuster Warrant (IT1.BW) 20000 5.00 (0.00)         Mustang (MSTNG) 100000 6.79 (-0.92)