Glass $100M Blockbuster Warrant

Symbol:GLASS.BW
Status:Active
IPO Date:Feb 10, 2019

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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Glass $100M Blockbuster Warrant (GLASS.BW)

H$11.87H$0.13 (1.11%)

Change TodayCurrent Value

Shares Held Long on HSX: 16,322,942
Shares Held Short on HSX: 260,000
Trading Volume on HSX (Today): 240,000

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High and Low Trading Prices

This Week H$12.20 H$11.87
This Month H$12.20 H$9.71
This Season H$12.20 H$5.00
This Year H$12.20 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.

The Boy Who Harnessed The Wind (BWHTW) 100000 0.32 (+0.07)         Jesus Was My Homeboy (JWMHB) 100000 10.00 (0.00)         The Goldfinch (GLDFN) 69083 28.99 (+1.09)         The Goldfinch (GLDFN) 69083 28.99 (+1.09)         The Goldfinch (GLDFN) 69083 28.99 (+1.09)         The Goldfinch (GLDFN) 69083 28.99 (+1.09)         The Goldfinch (GLDFN) 80882 28.99 (+1.09)         The Goldfinch (GLDFN) 80882 28.99 (+1.09)         The Killer (KILER) 100000 18.39 (-3.62)         S.C.O.O.B aka Scooby (SCOBY) 538 43.52 (+1.66)         The Goldfinch (GLDFN) 80882 28.99 (+1.09)         Shazam! H$45 Call (SHAZM.CA) 20000 2.90 (+0.34)         The Friend (TFRND) 100000 14.65 (+1.46)         The Goldfinch (GLDFN) 80882 28.99 (+1.09)         The Goldfinch (GLDFN) 80882 28.99 (+1.09)         The Goldfinch (GLDFN) 80882 28.99 (+1.09)         The British Fund (BRITS) 10000 20.12 (+0.02)         Russ & Roger Go Beyond (RARGB) 100000 0.12 (+0.06)         The Goldfinch (GLDFN) 80910 28.99 (+1.09)         The Goldfinch (GLDFN) 80910 28.99 (+1.09)         The Goldfinch (GLDFN) 80910 28.99 (+1.09)         The Goldfinch (GLDFN) 80910 28.99 (+1.09)         Breakthrough (BRKTH) 1 44.58 (+3.54)         The Goldfinch (GLDFN) 80910 28.99 (+1.09)         The Goldfinch (GLDFN) 94005 28.99 (+1.09)         The Goldfinch (GLDFN) 94005 28.99 (+1.09)         The Goldfinch (GLDFN) 94005 28.99 (+1.09)         The Goldfinch (GLDFN) 94005 28.99 (+1.09)         The Goldfinch (GLDFN) 94005 28.99 (+1.09)         The Goldfinch (GLDFN) 94070 28.99 (+1.09)         The Goldfinch (GLDFN) 94070 28.99 (+1.09)         Tim Burton (TBURT) 1 96.52 (0.00)         Tim Burton (TBURT) 1 96.52 (0.00)         Ben Affleck (BAFFL) 20000 116.24 (+0.85)         The Goldfinch (GLDFN) 97498 28.99 (+1.09)         The Goldfinch (GLDFN) 97498 28.99 (+1.09)         Michael Cera (MCERA) 9970 37.70 (+0.09)         Ben Affleck (BAFFL) 20000 116.24 (+0.85)         The Goldfinch (GLDFN) 97498 28.99 (+1.09)         The Stand (STAND) 100000 0.31 (-0.10)         Spring Awakening (SPRNA) 100000 1.78 (-0.03)         Stellan Skarsgard (SSKAR) 1 22.05 (+0.08)         The Stand (STAND) 100000 0.31 (-0.10)         Untitled Ben Affleck Movie aka T (HASBN) 9946 30.03 (+4.91)         Spring Awakening (SPRNA) 100000 1.78 (-0.03)         Stellan Skarsgard (SSKAR) 1 22.05 (+0.08)         Shazam! (SHAZM) 10000 122.21 (-0.15)         The Stand (STAND) 100000 0.31 (-0.10)         Lucy in the Sky (PBDOT) 100000 14.77 (-1.72)         Guillermo Del Toro (GDELT) 1 38.38 (+0.08)