Spider-Man: Into the Spider-Verse $135M Blockbuster Warrant

Symbol:ASPDR.BW
Status:Inactive
Delist Date:Mar 5, 2019

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).



Related Securities

MovieStocks

Related Posts

Forum DiscussionsMore »

Spider-Man: Into the Spider-Vers (ASPDR.BW)

H$52.44 March 5, 2019

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 100,486



High and Low Trading Prices

This Week H$19.92 H$19.14
This Month H$19.92 H$17.70
This Season H$19.92 H$13.10
This Year H$19.92 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.

Bobby Cannavale (BCANN) 20000 116.52 (-0.28)         The Friend (TFRND) 100000 14.41 (+1.22)         Jackpot (JCKPT) 100000 3.58 (+1.14)         The Friend (TFRND) 100000 14.41 (+1.22)         Untitled Ben Affleck Movie aka T (HASBN) 100000 30.54 (+5.42)         Ben Affleck (BAFFL) 20000 116.25 (+0.86)         Daniel Kaluuya (DKALU) 20000 99.59 (-0.40)         The Last Thing He Wanted (TLTHW) 100000 1.89 (-0.02)         Bob's Burgers (BOBSB) 100000 27.50 (+0.66)         Bob's Burgers (BOBSB) 100000 27.50 (+0.66)         Untitled Ben Affleck Movie aka T (HASBN) 333 30.54 (+5.42)         Five Feet Apart (5FTAP) 100000 33.55 (-0.18)         Run Sweetheart Run (RUNSH) 100000 15.41 (-1.84)         A Star Wars Story 3 (SWAR3) 15000 111.67 (+2.40)         Ms. Purple (MSPRP) 100000 2.49 (+0.36)         Bergman Island (BERGM) 15000 3.03 (+0.70)         Michael Cera (MCERA) 540 37.70 (+0.09)         Toy Story 4 (TOYS4) 25 307.82 (-1.89)         Superintelligence (SNTEL) 15000 41.04 (+4.73)         Unicorn Store (UNICS) 100000 1.06 (+0.08)         Untitled Ben Affleck Movie aka T (HASBN) 20000 30.54 (+5.42)         Teenage Mutant Ninja Turtles (TMNT3) 20000 35.20 (-0.48)         Hotel Mumbai (HTLMB) 20000 5.45 (-1.34)         The Boss Baby 2 (BOSS2) 94486 100.24 (+0.28)         Run Sweetheart Run (RUNSH) 20000 15.41 (-1.84)         Long Day's Journey Into Night (LDJIN) 100000 2.00 (0.00)         Ms. Purple (MSPRP) 100000 2.49 (+0.36)         The Killer (KILER) 20000 18.41 (-3.60)         Jesus Was My Homeboy (JWMHB) 100000 10.00 (0.00)         Jesus Was My Homeboy (JWMHB) 100000 10.00 (0.00)         Long Day's Journey Into Night (LDJIN) 100000 2.00 (0.00)         Fantasy Island (FANIS) 100000 55.02 (+0.26)         The Many Saints of Newark aka Th (TMSON) 100000 44.05 (-0.54)         Frankie Machine (FMACH) 20000 0.17 (-0.03)         Hotel Mumbai (HTLMB) 10000 5.45 (-1.34)         Masters of the Universe (HEMAN) 100000 35.74 (-0.93)         Masters of the Universe (HEMAN) 100000 35.74 (-0.93)         Frankie Machine (FMACH) 50000 0.17 (-0.03)         The Friend (TFRND) 99999 14.41 (+1.22)         The Friend (TFRND) 100000 14.41 (+1.22)         Long Day's Journey Into Night (LDJIN) 100000 2.00 (0.00)         The Killer (KILER) 100000 18.41 (-3.60)         Hotel Mumbai (HTLMB) 15000 5.45 (-1.34)         Jesus Was My Homeboy (JWMHB) 100000 10.00 (0.00)         Bill & Ted 3: Face the Music (BILL3) 1 34.31 (+4.57)         Frankie Machine (FMACH) 29999 0.17 (-0.03)         Hotel Mumbai (HTLMB) 15000 5.45 (-1.34)         Untitled Ben Affleck Movie aka T (HASBN) 90000 30.54 (+5.42)         Tyler Perry's A Madea Family Fun (MADFF) 9269 60.27 (-0.26)         Bill & Ted 3: Face the Music (BILL3) 1 34.31 (+4.57)