The LEGO Movie 2: The Second Part $100M Blockbuster Warrant

Symbol:LEGO2.BW
Status:Active
IPO Date:Mar 10, 2019

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 »

The LEGO Movie 2: The Second Par (LEGO2.BW)

H$9.58H$0.30 (3.04%)

Change TodayCurrent Value

Shares Held Long on HSX: 16,076,054
Shares Held Short on HSX: 320,010
Trading Volume on HSX (Today): 405,214

Trade LEGO2.BW Advanced »



High and Low Trading Prices

This Week H$9.95 H$8.47
This Month H$9.95 H$5.00
This Season H$9.95 H$5.00
This Year H$9.95 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.

Us (US) 41352 157.63 (+3.98)         CBS: FBI (FBICBS) 20000 15.48 (0.00)         Scarlett Johansson (SJOHA) 3000 120.98 (+0.32)         City of Lies aka Labyrinth (LABRN) 100000 4.67 (-0.22)         City of Lies aka Labyrinth (LABRN) 100000 4.67 (-0.22)         Gloria Bell (GLORB) 100000 4.65 (-0.83)         Gloria Bell (GLORB) 100000 4.65 (-0.83)         Chris Pratt (CPRAT) 1000 187.69 (-0.49)         Triple Frontier (TRPFR) 10000 0.11 (+0.08)         Irresistible (IRSTB) 10000 17.64 (+1.00)         Bradley Cooper (BCOOP) 1000 176.68 (+0.57)         Jesus Was My Homeboy (JWMHB) 100000 9.24 (-0.76)         Jesus Was My Homeboy (JWMHB) 100000 9.24 (-0.76)         Benedict Cumberbatch (BCUMB) 1000 196.04 (0.00)         Triple Frontier (TRPFR) 10000 0.11 (+0.08)         Triple Frontier (TRPFR) 10000 0.11 (+0.08)         Triple Frontier (TRPFR) 33300 0.11 (+0.08)         Triple Frontier (TRPFR) 40000 0.11 (+0.08)         Brie Larson (BLARS) 1000 91.24 (-0.21)         Tolkien (TLKIN) 100000 7.66 (-0.15)         The Princess Diaries 3 (PDIA3) 100000 41.08 (+1.08)         The Princess Diaries 3 (PDIA3) 43625 41.08 (+1.08)         Doctor Strange 2 (DRST2) 550 157.94 (-0.77)         Space Jam 2 (SJAM2) 10000 73.04 (+0.01)         Doctor Strange 2 (DRST2) 22001 157.94 (-0.77)         Once Upon a Time in Hollywood (MFMLY) 25000 145.42 (+0.03)         Doctor Strange 2 (DRST2) 1949 157.94 (-0.77)         The Princess Diaries 3 (PDIA3) 20185 41.08 (+1.08)         How to Train Your Dragon: Hidden (HTYD3.BW) 20000 7.97 (+0.30)         Crazy Rich Asians 2: China Rich (CRAS2) 1060 120.63 (-0.07)         The Princess Diaries 3 (PDIA3) 5000 41.08 (+1.08)         The Princess Diaries 3 (PDIA3) 79815 41.08 (+1.08)         Wonder Park (AMUSM) 99999 38.89 (-1.37)         The Princess Diaries 3 (PDIA3) 79815 41.08 (+1.08)         Crazy Rich Asians 2: China Rich (CRAS2) 4807 120.63 (-0.07)         Shazam! - Opening Weekend (SHAZM.OW) 68942 48.69 (+0.15)         The Princess Diaries 3 (PDIA3) 25000 41.08 (+1.08)         Captain Marvel (CMARV) 100000 346.57 (-0.14)         Little Women (LTLWM) 100000 58.16 (0.00)         Shazam! H$45 Call (SHAZM.CA) 20000 3.22 (+0.30)         Untitled Judd Apatow / Pete Davi (UPDAV) 25000 41.44 (-0.49)         Us (US) 300 157.63 (+3.98)         Stowaway (STOWA) 100000 14.68 (-0.02)         The Princess Diaries 3 (PDIA3) 100000 41.08 (+1.08)         Dumbo (DUMBO) 65793 187.52 (-2.79)         Stowaway (STOWA) 100000 14.68 (-0.02)         Crazy Rich Asians 2: China Rich (CRAS2) 6200 120.63 (-0.07)         The Killer (KILER) 100000 19.00 (+0.08)         The Killer (KILER) 100000 19.00 (+0.08)         Gloria Bell (GLORB) 100000 4.65 (-0.83)