HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
| Symbol: | JUSTPU |
| Status: | Inactive |
| Delist Date: | May 17, 2010 |
Description
Options are Hollywood Derivatives based around a specific event. Typically 'calls' and 'puts' options are offered for a MovieStock opening in wide release. This form of speculation lasts only for the opening weekend.
Put
A put option speculates that the related movie will have a lower box office take for its opening weekend than the strike price. A $20 put has a strike price of $20, and will cash out at zero if the movie makes more than $20 million during opening weekend. If the film makes less than $20 million it will cash out at a price determined by the following formula: (Strike Price - Actual Box Office). For Example if the film made $15 million the put would cash out at H$5.00 (H$20 - H$15).
Just Wright H$10 Put (JUSTPU)
H$1.72 May 17, 2010
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$3.17 | H$2.78 |
| This Month | H$3.17 | H$2.00 |
| This Season | H$3.17 | H$2.00 |
| This Year | H$3.17 | H$2.00 |
What is a: Derivative, Status, Change Today