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The Hobbit: An Unexpected Journey $260M Blockbuster Warrant

Symbol:HOBIT.BW
Status:Inactive
Delist Date:Mar 4, 2013

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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The Hobbit: An Unexpected Journe (HOBIT.BW)

H$41.40 March 4, 2013

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 321,800

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$25.83 H$24.08
This Month H$25.83 H$19.62
This Season H$25.83 H$16.81
This Year H$25.83 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.

Tetris The Movie (TETRS) 25000 27.07 (+1.87)         Tetris The Movie (TETRS) 44999 27.07 (+1.87)         Jonathan Pryce (JPRYC) 19998 34.19 (0.00)         Colin Farrell (CFARR) 20000 55.35 (-0.80)         Zachary Levi (ZLEVI) 1000 188.93 (+0.41)         Dan Stevens (DSTEV) 1 71.96 (-0.13)         Coco (DDLM) 100000 150.44 (+2.92)         Vigilance (VGLNC) 100000 25.04 (+1.54)         Justice League 2 (JLEA2) 100000 61.03 (+3.14)         Wonder (WONDE) 100000 79.96 (+1.60)         Justice League 2 (JLEA2) 100000 61.03 (+3.14)         Wonder (WONDE) 100000 79.96 (+1.60)         Justice League (JLEAG) 50000 223.28 (+7.44)         Amber Heard (AHEAR) 15000 22.71 (+1.09)         Mary Steenburgen (MSTEE) 20000 6.54 (+0.40)         Benedict Cumberbatch (BCUMB) 20000 133.85 (0.00)         Jonathan Pryce (JPRYC) 8 34.19 (0.00)         Oscar Isaac (OISAA) 20000 83.20 (-0.66)         Justice League (JLEAG) 100000 223.28 (+7.44)         Michael Gambon (MGAMB) 20000 31.60 (+2.13)         Anthony Hopkins (AHOPK) 20000 93.80 (+0.40)         Michael Gambon (MGAMB) 20000 31.60 (+2.13)         Michael Gambon (MGAMB) 20000 31.60 (+2.13)         Amy Schumer (ASCHU) 1042 41.77 (+0.44)         Michael Gambon (MGAMB) 20000 31.60 (+2.13)         Roman J. Israel, Esq. H$15 Put W (INRCT.PU) 88 3.68 (+0.09)         Amy Schumer (ASCHU) 5000 41.77 (+0.44)         Coco H$65 Put Wed-Sun (DDLM.PU) 20000 1.71 (-0.13)         Dog Days (DOGDS) 100000 18.82 (+0.49)         Mary Steenburgen (MSTEE) 20000 6.54 (+0.40)         Coco H$65 Put Wed-Sun (DDLM.PU) 20000 1.71 (-0.13)         Wonder Wheel (WNDWH) 100000 6.72 (-0.08)         Vigilance (VGLNC) 100000 25.04 (+1.54)         Dog Days (DOGDS) 100000 18.82 (+0.49)         Clifton Collins Jr. (CCOLL) 1362 30.69 (-0.32)         Coco H$65 Call Wed-Sun (DDLM.CA) 11111 4.18 (+0.06)         Roman J. Israel, Esq. (INRCT) 100000 21.51 (-1.60)         Coco H$65 Call Wed-Sun (DDLM.CA) 98 4.18 (+0.06)         Ben is Back (BENIB) 100000 12.19 (+0.74)         Justice League (JLEAG) 50000 223.28 (+7.44)         Ben is Back (BENIB) 100000 12.19 (+0.74)         Justice League (JLEAG) 10000 223.28 (+7.44)         Vigilance (VGLNC) 100000 25.04 (+1.54)         The Tribes of Palos Verdes (TRBPV) 100000 1.60 (-0.01)         The Man Who Invented Christmas (TMWIC) 888 5.46 (-0.17)         Vigilance (VGLNC) 100000 25.04 (+1.54)         Justice League 2 (JLEA2) 20000 61.03 (+3.14)         Chace Crawford (CCRAW) 20000 9.36 (+0.21)         Star Wars: The Last Jedi aka Epi (STAR8) 99999 777.94 (-1.00)         Avatar 2 (AVAT2) 7000 369.71 (+1.00)