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It $290M Blockbuster Warrant

Symbol:IT1.BW
Status:Active
IPO Date:Sep 24, 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$18.40H$0.00 (0.00%)

Change TodayCurrent Value

Shares Held Long on HSX: 24,136,615
Shares Held Short on HSX: 20,000
Trading Volume on HSX (Today): 200,000

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High and Low Trading Prices

This Week H$18.40 H$16.96
This Month H$18.40 H$5.00
This Season H$18.40 H$5.00
This Year H$18.40 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.

Avatar 2 (AVAT2) 1000 376.77 (+1.00)         Chris Hemsworth (CHEMS) 19000 103.76 (+1.00)         God's Own Country (GODOC) 100000 1.66 (-0.04)         Frozen 2 (FROZ2) 20 192.85 (-0.50)         A Bad Moms Christmas H$20 Put (BADM2.PU) 20000 1.34 (+0.02)         The Rhythm Section (RHYTM) 64690 25.00 (0.00)         A Bad Moms Christmas H$20 Call (BADM2.CA) 20000 3.00 (+0.06)         Thor: Ragnarok H$90 Put (THOR3.PU) 20000 1.46 (-0.07)         Thor: Ragnarok H$90 Call (THOR3.CA) 20000 3.53 (+0.18)         The Rhythm Section (RHYTM) 4000 25.00 (0.00)         Men in Black Untitled (MIB4) 1200 93.13 (+9.24)         Thumper (THUMP) 100000 2.00 (0.00)         Journey's End (JRNEN) 20 3.28 (+0.62)         Journey's End (JRNEN) 2 3.28 (+0.62)         Thumper (THUMP) 100000 2.00 (0.00)         The Greatest Showman (TGSOE) 55 40.24 (-0.20)         Angel Has Fallen (HFAL3) 100000 20.46 (+1.83)         Daniel Wu (DWU) 20000 18.69 (-0.13)         Daniel Wu (DWU) 20000 18.69 (-0.13)         The Rhythm Section (RHYTM) 100000 25.00 (0.00)         Angel Has Fallen (HFAL3) 100000 20.46 (+1.83)         Jigsaw (SAW8) 100000 39.37 (-3.29)         Abbie Cornish (ACORN) 20000 20.96 (-0.16)         Men in Black Untitled (MIB4) 20 93.13 (+9.24)         Jigsaw (SAW8) 100000 39.37 (-3.29)         Abbie Cornish (ACORN) 20000 20.96 (-0.16)         Abbie Cornish (ACORN) 20000 20.96 (-0.16)         Peter Rabbit (PRABT) 100000 67.51 (0.00)         Star Wars: The Last Jedi aka Epi (STAR8) 251 772.92 (+0.65)         Angel Has Fallen (HFAL3) 3 20.46 (+1.83)         Destroyer (DSTRY) 2 12.51 (+1.02)         Destroyer (DSTRY) 2 12.51 (+1.02)         The Rhythm Section (RHYTM) 60312 25.00 (0.00)         Suicide Squad 2 (SUIC2) 20 196.16 (-0.77)         Men in Black Untitled (MIB4) 100000 93.13 (+9.24)         Geostorm (GEOST) 100000 27.63 (-1.89)         Justice League 2 (JLEA2) 100000 122.09 (+1.15)         Mulan (MULN) 4 104.72 (+3.08)         Claudia Kim (CKIM) 20000 107.87 (-0.55)         Silver and Black (SLBLC) 100000 88.44 (+0.37)         Mulan (MULN) 4 104.72 (+3.08)         Tron 3 (TRON3) 100000 25.47 (+0.69)         Deeper (DEPER) 100000 34.22 (+0.16)         Tron 3 (TRON3) 99999 25.47 (+0.69)         Tron 3 (TRON3) 99998 25.47 (+0.69)         Avatar 2 (AVAT2) 1000 376.77 (+1.00)         Live, Die, Repeat and Repeat aka (EDGT2) 100000 34.68 (+0.10)         Suburbicon (SUBCN) 22600 20.05 (-2.23)         Mulan (MULN) 6 104.72 (+3.08)         Star Wars: The Last Jedi aka Epi (STAR8) 500 772.92 (+0.65)