HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
| Symbol: | HWCBB |
| Status: | Inactive |
| Delist Date: | Feb 17, 2009 |
Holiday Warrants are Hollywood Derivatives that allow traders the opportunity to invest in the long-term financial success of the biggest films for the 2008 holiday season. Holiday Warrants are similar to Call Options. The strike price is the target domestic box office for each film by President's Weekend 2009.
If the particular film makes the strike price by February 16, 2009, 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 Bolt Holiday Warrant has a H$150 strike price. If Bolt makes $170 million domestically, then the warrant will cash out at H$20 per share. (Box Office - Strike Price [$170-$150]). If Bolt makes less than $150 million, then the warrant will cash out at H$0.
The Holiday Warrants will cash out on February 17, 2009.
Holiday Warrant - The Curious Ca (HWCBB)
H$52.57 February 17, 2009
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$48.99 | H$44.24 |
| This Month | H$48.99 | H$33.24 |
| This Season | H$48.99 | H$5.00 |
| This Year | H$48.99 | H$5.00 |
What is a: Derivative, Status, Change Today