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A Star is Born $150M Blockbuster Warrant

Symbol:ASTAR.BW
Status:Active
IPO Date:Oct 28, 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).



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

H$16.61H$0.23 (1.40%)

Change TodayCurrent Value

Shares Held Long on HSX: 21,299,313
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 298,624

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High and Low Trading Prices

This Week H$15.95 H$14.90
This Month H$15.95 H$5.00
This Season H$15.95 H$5.00
This Year H$15.95 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.

Fantastic Beasts 3 (FBST3) 5000 126.55 (+1.69)         Ezra Miller (EMILL) 20000 139.69 (+1.14)         Ralph Breaks the Internet (RALP2) 10000 169.31 (+0.82)         Common (COMMN) 20000 27.74 (-11.86)         Common (COMMN) 20000 27.74 (-11.86)         Common (COMMN) 20000 27.74 (-11.86)         A Dog's Way Home (DOGWH) 100000 30.18 (+0.69)         Fast (FAST) 99999 33.42 (+7.21)         Roma (ROMA) 100000 0.42 (-0.15)         Serenity (SRNTY) 100000 21.85 (+2.65)         Shameik Moore (SMOOR) 20000 30.00 (0.00)         Underwater (UNDWT) 100000 14.70 (+3.33)         The Nutcracker And The Four Real (NUTFR) 10000 50.21 (-0.61)         Alicia Vikander (AVIKA) 20000 43.96 (-0.26)         America Ferrera (AFERR) 20000 47.59 (-0.27)         Gerard Butler (GBUTL) 20000 37.58 (-5.98)         Gerard Butler (GBUTL) 20000 37.58 (-5.98)         Alden Ehrenreich (AEHRE) 20000 38.92 (-0.08)         Eva Green (EGREE) 100 68.49 (-0.40)         Alice Eve (AEVE) 100 45.61 (-0.53)         Serenity (SRNTY) 25000 21.85 (+2.65)         Monica Bellucci (MOBEL) 251 60.88 (-0.53)         Shameik Moore (SMOOR) 20000 30.00 (0.00)         Under the Eiffel Tower (UNDET) 100000 2.00 (0.00)         Will Poulter (WPOUL) 20000 72.31 (-4.08)         Under the Eiffel Tower (UNDET) 100000 2.00 (0.00)         Serenity (SRNTY) 99000 21.85 (+2.65)         Donnie Yen (DYEN) 20000 59.52 (-0.21)         Fast (FAST) 100000 33.42 (+7.21)         Trial of the Chicago 7 (TCHI7) 100000 22.96 (-1.34)         Trial of the Chicago 7 (TCHI7) 100000 22.96 (-1.34)         Domhnall Gleeson (DGLEE) 20000 84.30 (-0.75)         The Force (TFORC) 50000 7.57 (+0.10)         Gerard Butler (GBUTL) 20000 37.58 (-5.98)         Gerard Butler (GBUTL) 20000 37.58 (-5.98)         Fast (FAST) 100000 33.42 (+7.21)         Jonah Hill (JHILL) 20000 35.84 (-1.42)         Domhnall Gleeson (DGLEE) 20000 84.30 (-0.75)         Jay Baruchel (JBARU) 20000 59.34 (0.00)         Jonah Hill (JHILL) 20000 35.84 (-1.42)         Domhnall Gleeson (DGLEE) 20000 84.30 (-0.75)         Fast (FAST) 100000 33.42 (+7.21)         Serenity (SRNTY) 98000 21.85 (+2.65)         Alita: Battle Angel (ALITA) 100000 77.56 (-0.38)         Robin Hood (RBNHO) 100000 30.82 (+1.84)         Common (COMMN) 20000 27.74 (-11.86)         Star Trek 4 (TREK4) 100000 80.91 (+0.90)         Wrong Answer (WRANS) 25000 11.00 (-0.02)         Vigilance (VGLNC) 25000 10.97 (+0.03)         Marlowe (MARLW) 99995 4.56 (-0.12)