A Star is Born $150M Blockbuster Warrant

Symbol:ASTAR.BW
Status:Inactive
Delist Date:Dec 26, 2018

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 »

A Star is Born $150M Blockbuster (ASTAR.BW)

H$50.07 December 26, 2018

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 180,000



High and Low Trading Prices

This Week H$20.81 H$19.63
This Month H$20.81 H$17.18
This Season H$20.81 H$5.00
This Year H$20.81 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.

McClane (DIEH6) 35000 21.38 (+1.33)         The American (AMERI) 100000 3.53 (-0.20)         Dune (DUNE) 100000 125.49 (+0.25)         Julie Benz (JBENZ) 7500 14.24 (-0.01)         Sesame Street (SESAM) 100000 44.38 (+0.06)         The Boss Baby 2 (BOSS2) 100000 102.72 (+0.25)         Tom and Jerry (TMJRY) 100000 62.99 (+0.13)         Terence Stamp (TSTAM) 7500 16.79 (-0.01)         The Batman (TBATM) 100000 112.48 (+0.25)         Space Jam 2 (SJAM2) 100000 72.84 (+0.13)         Irresistible (IRSTB) 100000 18.07 (+0.44)         Sacha Baron Cohen (SBCOH) 7500 75.67 (-0.07)         Charlie's Angels (CHAR3) 99999 78.09 (+0.29)         The Invisible Man (INVSB) 100000 22.25 (+1.08)         The Loud House (LOUDH) 1 3.41 (+0.04)         Run Sweetheart Run (RUNSH) 100000 20.35 (+1.09)         Jeff Goldblum (JGOLD) 7500 98.88 (-0.07)         McClane (DIEH6) 100000 21.38 (+1.33)         Kyle Gallner (KGALL) 7500 39.50 (-0.03)         Olivia Cooke (OCOOK) 7500 34.09 (-0.03)         Booksmart (BKSMR) 100000 30.71 (+0.81)         Daniel Wu (DWU) 7500 17.51 (-0.01)         Those Who Wish Me Dead (TWWMD) 50000 16.94 (+0.82)         The Friend (TFRND) 50000 14.59 (-0.39)         DC Super Pets (SUPET) 100000 55.83 (-1.30)         Johnny Depp (JDEPP) 7500 91.59 (-0.07)         The Princess Diaries 3 (PDIA3) 50000 47.61 (-0.42)         Last Night in Soho (LNSOH) 50000 18.29 (-0.34)         The American (AMERI) 100000 3.53 (-0.20)         The American (AMERI) 100000 3.53 (-0.20)         Sasha Lane (SLANE) 7500 15.61 (-0.01)         Andy Samberg (ASAMB) 7500 66.44 (-0.05)         McClane (DIEH6) 100000 21.38 (+1.33)         Ron Livingston (RLIVI) 7500 7.93 (-0.01)         Nightwing (NTWNG) 1 22.43 (-0.03)         Downton Abbey (DWTAB) 100000 28.26 (0.00)         Peter Pan (PTRPN) 100000 22.35 (+0.03)         Monopoly (MONOP) 100000 10.93 (-0.03)         DC Super Pets (SUPET) 1 55.83 (-1.30)         Piercing (PIERC) 33333 0.01 (-0.02)         Piercing (PIERC) 33333 0.01 (-0.02)         Piercing (PIERC) 33334 0.01 (-0.02)         Piercing (PIERC) 33300 0.01 (-0.02)         Piercing (PIERC) 33300 0.01 (-0.02)         Piercing (PIERC) 33300 0.01 (-0.02)         Piercing (PIERC) 49999 0.01 (-0.02)         Piercing (PIERC) 49999 0.01 (-0.02)         Tyler Perry's A Madea Family Fun (MADFF) 69750 59.53 (+0.48)         The Killer (KILER) 100000 18.82 (+0.50)         The Billion Brick Race (BBRAC) 9000 13.90 (-0.02)