HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
| Symbol: | HWAVI |
| Status: | Inactive |
| Delist Date: | Feb 22, 2005 |
MovieStock®: The Aviator
Holiday Warrants are Hollywood Derivatives that allow traders the opportunity to invest in the long-term financial success of the biggest studio films for the 2004 holiday season. Holiday Warrants are similar to Call Options. The strike price is the estimated total domestic box-office take by President's Weekend 2005.
If the particular film makes the strike price by Feb. 21, 2005, 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.
Example: The Incredibles Holiday Warrant has a H$250 strike price. If The Incredibles makes $270 million domestically, then the warrant will cash out at H$20 per share. (Box Office - Strike Price [$270-$250]). If The Incredibles makes less than $250 million, then the warrant will cash out at H$0.
Holiday Warrants will cash out on Feb. 22, 2005.
Holiday Warrant - The Aviator H$ (HWAVI)
H$28.88 February 22, 2005
Delist Date Delist Price
Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 0
| This Week | H$24.11 | H$22.03 |
| This Month | H$24.11 | H$11.63 |
| This Season | H$24.11 | H$0.71 |
| This Year | H$24.11 | H$0.71 |
What is a: Derivative, Status, Change Today