Symbol: | ELMNT.CA |
Status: | Active |
IPO Date: | May 31, 2023 |
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).
Elemental H$50 Call Fri-Mon (ELMNT.CA)
H$2.00 H$0.07 (3.38%)
Change Today Current Value
Shares Held Long on HSX: 4,106,824
Shares Held Short on HSX: 1,512,000
Trading Volume on HSX (Today): 103,882
This Week | H$2.32 | H$2.00 |
This Month | H$2.32 | H$2.00 |
This Season | H$2.32 | H$2.00 |
This Year | H$2.32 | H$2.00 |
What is a: Derivative, Status, Change Today