Market Announcement: We are working to restore 'Sign In with Facebook'. Please login using your HSX Username.

Skyfall $225M Blockbuster Warrant

Symbol:JB23.BW
Status:Inactive
Delist Date:Jan 28, 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).



Related Securities

MovieStocks

Related Posts

Forum DiscussionsMore »

Skyfall $225M Blockbuster Warran (JB23.BW)

H$77.04 January 28, 2013

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 254,380

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$38.83 H$37.64
This Month H$38.83 H$22.09
This Season H$38.83 H$5.00
This Year H$38.83 H$5.00

Quick HelpGlossary »

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.

Entering Hades (ENHAD) 175 1.60 (-0.02)         The Wolf Man (TWLFM) 100000 28.64 (+0.11)         The Witcher (WITCR) 150 5.01 (+0.06)         The Crowded Room (CRWDR) 150 5.62 (+0.02)         Pirates of the Caribbean: Dead M (PIRT5) 80000 141.27 (-0.68)         Sidney Hall (SIDNH) 150 1.80 (-0.02)         I'm Not Here (IMNHR) 125 1.44 (+0.04)         Hostiles (HSTIL) 100 6.25 (+0.02)         Battlestar Galactica (BGALA) 100 6.22 (-0.02)         Triple Frontier (TRPFR) 100 7.58 (-0.04)         Micro (MICRO) 100000 30.00 (0.00)         Micro (MICRO) 1000 30.00 (0.00)         Micro (MICRO) 100000 30.00 (0.00)         Star Wars: Episode IX (STAR9) 5000 609.53 (+0.18)         Maleficent 2 (MALF2) 100 31.99 (-0.04)         You Were Never Really Here (YWNRH) 100 2.95 (-0.14)         Major Matt Mason (MASON) 100000 0.23 (-0.05)         Victoria and Abdul (VICAB) 50000 4.25 (+0.51)         King Arthur: Legend of the Sword (KARTH) 100 38.78 (+0.27)         Major Matt Mason (MASON) 100000 0.23 (-0.05)         Pirates of the Caribbean: Dead M (PIRT5) 100000 141.27 (-0.68)         The Emperor's Children (EMPCH) 100000 0.24 (-0.07)         The Nutcracker And The Four Real (NUTFR) 100000 39.99 (-0.80)         Future World (FUTRW) 75 3.30 (-0.02)         Pirates of the Caribbean: Dead M (PIRT5) 9876 141.27 (-0.68)         The Emperor's Children (EMPCH) 100000 0.24 (-0.07)         Victoria and Abdul (VICAB) 50000 4.25 (+0.51)         Born to Run (BTRUN) 75 7.75 (-0.02)         Heart-Shaped Box (HSBOX) 100000 0.22 (-0.06)         Heart-Shaped Box (HSBOX) 100000 0.22 (-0.06)         Detective Pikachu (PIKAC) 75 28.22 (-0.06)         The Best Of Enemies (TBOEN) 50000 19.52 (+0.18)         Spider-Man: Homecoming (SPID6) 1249 244.26 (-0.34)         Playmobil: Robbers, Thieves & Re (PMOBL) 75 12.42 (-0.05)         The Best Of Enemies (TBOEN) 50000 19.52 (+0.18)         Gringo aka American Express (AMEXP) 100000 22.85 (-1.43)         The Division (DIVSN) 75 17.93 (-0.22)         John Boyega (JBOYE) 20000 66.47 (0.00)         Pirates of the Caribbean: Dead M (PIRT5) 45828 141.27 (-0.68)         Jordan Peele (JPEEL) 2000 66.27 (+0.76)         The Legend of Conan (CONA2) 2500 4.89 (+2.56)         Alien: Covenant (PRME2) 3803 81.86 (-5.24)         Pirates of the Caribbean: Dead M (PIRT5) 50000 141.27 (-0.68)         Pirates of the Caribbean: Dead M (PIRT5) 50000 141.27 (-0.68)         The Invisible Man (INVSB) 100000 9.69 (+0.19)         Pirates of the Caribbean: Dead M (PIRT5) 50000 141.27 (-0.68)         Micro (MICRO) 50000 30.00 (0.00)         Pirates of the Caribbean: Dead M (PIRT5) 50000 141.27 (-0.68)         A Star Wars Story 3 (SWAR3) 100000 258.04 (+1.27)         Pirates of the Caribbean: Dead M (PIRT5.PU) 20000 3.46 (-0.10)