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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.

Sherlock Holmes 3 (HOLM3) 100000 27.26 (+0.86)         Gal Gadot (GGADO) 19999 109.60 (+1.16)         The Division (DIVSN) 50000 18.26 (+2.00)         Austin Stowell (ASTOW) 20000 26.58 (+0.11)         The Jetsons (JETSN) 100000 11.57 (-0.66)         Good Time (GDTIM) 100000 3.17 (+0.06)         The Foreigner (FRGNR) 25000 22.26 (-1.27)         David Thewlis (DTHEW) 19999 50.23 (-1.06)         Blazing Samurai (BLAZS) 100000 13.59 (-0.67)         John Wick: Chapter 3 (WICK3) 25000 70.30 (+3.07)         Despicable Me 3 H$100 Call (DESM3.CA) 20000 4.05 (+0.01)         Viceroy's House (VICRY) 94399 2.27 (+0.04)         The House H$25 Put (THOUS.PU) 20000 3.85 (-0.02)         The Twilight Zone (TWZON) 100000 6.20 (-0.06)         Mubarakan (MUBAR) 100000 1.99 (-0.14)         A Kid Like Jake (AKLJK) 100000 7.68 (+0.85)         The Odyssey (ODYSY) 100000 12.68 (+0.26)         The Little Mermaid (MERMD) 100000 3.79 (+0.04)         Jason Momoa (JMOMO) 20000 40.44 (-0.26)         Despicable Me 3 (DESM3) 100000 261.77 (+0.99)         Jason Momoa (JMOMO) 20000 40.44 (-0.26)         The House H$25 Call (THOUS.CA) 20000 1.05 (-0.01)         The House H$25 Call (THOUS.CA) 20000 1.05 (-0.01)         The House - Opening Weekend (THOUS.OW) 100000 18.70 (-0.10)         The House - Opening Weekend (THOUS.OW) 100000 18.70 (-0.10)         Skyscraper (SKYSC) 40000 85.78 (+0.08)         Connie Nielsen (CNIEL) 20000 57.26 (+0.92)         Despicable Me 3 H$100 Put (DESM3.PU) 20000 2.35 (-0.02)         Despicable Me 3 H$100 Call (DESM3.CA) 20000 4.05 (+0.01)         Dan Stevens (DSTEV) 1000 78.80 (+0.19)         Thomas Middleditch (TMIDD) 20000 15.64 (+0.49)         Despicable Me 3 - Opening Weeken (DESM3.OW) 100000 107.49 (+1.11)         Thomas Middleditch (TMIDD) 20000 15.64 (+0.49)         Anne Hathaway (AHATH) 19999 69.18 (+0.42)         Chasing Trane (TRANE) 100000 0.81 (-0.02)         Jeanne Tripplehorn (JTRIP) 97 0.45 (-0.01)         Sam Claflin (SCLAF) 20000 120.78 (-0.78)         Ocean's Eight aka Ocean's 8 (OCEN4) 90000 110.42 (+0.10)         Gemma Arterton (GARTE) 205 5.06 (+0.08)         Viceroy's House (VICRY) 5003 2.27 (+0.04)         Robin Wright (RWPEN) 20000 63.25 (+1.06)         Rampage (RAMPG) 90000 85.03 (+0.28)         Eddie Marsan (EMARS) 107 7.70 (+0.04)         Hotel Artemis (ARTMS) 100000 22.43 (-0.58)         Venom (VENM1) 90000 80.91 (+0.28)         Farming (FARMN) 10000 3.65 (-0.35)         The Over the Hill Mob (OHMOB) 1000 17.47 (+1.12)         The Redemption Of Cain (RCAIN) 100000 2.22 (+0.22)         Racer and the Jailbird (RATJB) 1000 3.71 (+1.42)         Despicable Me 3 (DESM3) 100000 261.77 (+0.99)