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It $290M Blockbuster Warrant

Symbol:IT1.BW
Status:Inactive
Delist Date:Nov 27, 2017

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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It $290M Blockbuster Warrant (IT1.BW)

H$37.19 November 27, 2017

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 322,079



High and Low Trading Prices

This Week H$21.99 H$19.68
This Month H$21.99 H$19.45
This Season H$21.99 H$5.00
This Year H$21.99 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.

Bad Dads (BDADS) 900 15.29 (-0.07)         Disenchanted aka Enchanted 2 (ENCH2) 99000 10.58 (+2.15)         Bumblebee aka Transformers 6 (TFRM6) 500 93.83 (+0.64)         Baby Driver 2 (BDRV2) 100000 45.67 (-5.62)         Viggo Mortensen (VMORT) 20000 6.63 (-0.20)         Extremely Wicked, Shockingly Evi (EWSEV) 99997 18.52 (+2.21)         The Cartel (TCRTL) 1899 28.28 (-0.03)         Disenchanted aka Enchanted 2 (ENCH2) 100000 10.58 (+2.15)         Avatar 2 (AVAT2) 100 356.90 (-0.06)         Baby Driver 2 (BDRV2) 74445 45.67 (-5.62)         The Beach Bum (TBBUM) 4 17.36 (-0.07)         Gary Oldman (GOLDM) 20000 28.30 (+1.14)         Extremely Wicked, Shockingly Evi (EWSEV) 100000 18.52 (+2.21)         Masters of the Universe (HEMAN) 900 37.95 (-0.07)         Extremely Wicked, Shockingly Evi (EWSEV) 99000 18.52 (+2.21)         Baby Driver 2 (BDRV2) 100000 45.67 (-5.62)         Obi-Wan Kenobi: A Star Wars Stor (SWAR3) 90 311.97 (+1.26)         Donald Glover (DOGLO) 20000 139.86 (+0.57)         Obi-Wan Kenobi: A Star Wars Stor (SWAR3) 4 311.97 (+1.26)         Emilia Clarke (ECLAR) 20000 74.87 (-0.20)         Alden Ehrenreich (AEHRE) 20000 38.13 (+0.24)         Benedict Cumberbatch (BCUMB) 20000 117.74 (+0.85)         Lily James (LJAME) 20000 35.31 (+1.37)         Tomb Raider (TOMB3) 1292 76.21 (-0.37)         Solo: A Star Wars Story (SWAR2) 2 406.09 (-0.25)         Hugh Jackman (HJACK) 20000 107.40 (+1.14)         Lily James (LJAME) 20000 35.31 (+1.37)         Jurassic World: Fallen Kingdom (JURA5) 500 477.15 (-0.50)         Looking for Alaska (LKFAK) 100000 1.30 (-0.02)         The Secret Life of Pets 2 (PETS2) 38 169.05 (-0.66)         Disenchanted aka Enchanted 2 (ENCH2) 100000 10.58 (+2.15)         Maggie Smith (MSMTH) 20000 32.34 (-0.16)         John Wick: Chapter 3 (WICK3) 1 73.56 (+0.86)         Painkiller Jane (PKJAN) 100000 28.11 (-2.15)         The Odyssey (ODYSY) 3 8.23 (-0.02)         Painkiller Jane (PKJAN) 100000 28.11 (-2.15)         John Wick: Chapter 3 (WICK3) 5000 73.56 (+0.86)         Bumblebee aka Transformers 6 (TFRM6) 25000 93.83 (+0.64)         Looking for Alaska (LKFAK) 1300 1.30 (-0.02)         Lights Out 2 (LITS2) 3 18.40 (+0.07)         Mortal Engines (MENGN) 39869 90.91 (+0.94)         The Lion King (LIONK) 2 325.32 (-0.25)         Charlize Theron (CTHER) 20000 77.96 (-0.60)         James McAvoy (JMCAV) 20000 80.60 (+0.80)         Sweet Country (SWTCN) 100000 2.00 (0.00)         Robert Downey Jr. (RDOWN) 20000 193.49 (+0.57)         Paul Rudd (PRUDD) 20000 143.64 (+1.14)         Dave Bautista (DBAUT) 20000 166.51 (-0.57)         Vin Diesel (VDIES) 20000 125.71 (+0.57)         Brie Larson (BLARS) 20000 48.31 (+0.26)