Elemental H$50 Call Fri-Mon

Symbol:ELMNT.CA
Status:Inactive
Delist Date:Jun 20, 2023

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

Elemental H$50 Call Fri-Mon (ELMNT.CA)

H$0.00 June 20, 2023

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$1.47 H$0.61
This Month H$2.32 H$0.61
This Season H$2.32 H$0.61
This Year H$2.32 H$0.61

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What is a: Derivative, Status, Change Today


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