Arthur the King H$15 Call

Symbol:ARTKN.CA
Status:Inactive
Delist Date:Mar 18, 2024

Description

Options are Hollywood Derivatives based around a specific event. This form of speculation lasts only for the opening weekend, which is the first Friday to Sunday of wide release, unless otherwise defined.

Call

A call option speculates that the related MovieStock will have a higher box office take for its opening weekend than the strike price. A H$20 call has a strike price of $20M, 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).



Related Securities

MovieStocks

Arthur the King H$15 Call (ARTKN.CA)

H$0.00 March 18, 2024

Delist Date Delist Price

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



High and Low Trading Prices

This Week H$1.32 H$0.49
This Month H$2.39 H$0.49
This Season H$2.39 H$0.49
This Year H$2.39 H$0.49

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What is a: Derivative, Status, Change Today


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