The Glass House H$5 Call

Symbol:GHOCA
Status:Inactive
IPO Date:Aug 28, 2001

Description

In The Glass House, two children are sent to live with their guardians after their parents die in a car crash. Although the tragedy seems run-of-the-mill at first glance, it is soon discovered that the guardians are the ones who caused the car accident. Leelee Sobieski, Diane Lane, Rita Wilson and Stellan Skarsgard all star in the film, which was written by Wesley Strick. Daniel Sackheim will direct.

Options are short term investment opportunities based around a specific event. Typically options are released opening weekend of a particular MovieStock. This form of speculation takes the form of "calls" and "puts" and last only for opening weekend.

Call
A call option is the opposite of a put option. A call speculates that the related MovieStock will have a higher box office take for its opening weekend than the strike price. A $20 call has a strike price of $20, 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

The Glass House H$5 Call (GHOCA)

H$0.74

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$2.26 H$2.26
This Month H$3.43 H$2.00
This Season H$3.43 H$2.00
This Year H$3.43 H$2.00

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What is a: Derivative, Status, Change Today


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