Market Announcement: TVStocks for the Fall 2017 season are now trading.

Les Miserables $130M Blockbuster Warrant

Symbol:LESMS.BW
Status:Inactive
Delist Date:Mar 18, 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 »

Les Miserables $130M Blockbuster (LESMS.BW)

H$18.49 March 18, 2013

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 184,132

Price History Chart Unavailable.


High and Low Trading Prices

This Week H$16.68 H$15.86
This Month H$16.68 H$13.48
This Season H$16.68 H$8.41
This Year H$16.68 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.

Russell Crowe (RCROW) 1 48.12 (-0.13)         Selena Gomez (SGOME) 20000 61.11 (+0.39)         Molly Shannon (MSHAN) 20000 38.56 (+0.48)         Hotel Transylvania 3: Summer Vac (HTRN3) 100000 99.93 (+0.22)         Barry Pepper (BPEPP) 19999 39.31 (-0.07)         Barry Pepper (BPEPP) 20000 39.31 (-0.07)         The Joker (JOKER) 50000 60.00 (0.00)         Scoot McNairy (SMCNA) 1 48.03 (0.00)         Ben is Back (BENIB) 100000 11.97 (+1.97)         The Joker (JOKER) 100000 60.00 (0.00)         David Koechner (DKOEC) 1 13.58 (+0.04)         Shaun the Sheep Movie 2 (SHEP2) 100000 10.27 (-0.12)         Shaun the Sheep Movie 2 (SHEP2) 100000 10.27 (-0.12)         Hazlo como Hombre (HAZLO) 100000 2.56 (+0.02)         Brad Bird (BBIRD) 20000 162.01 (+0.28)         Donald Faison (DFAIS) 1 16.86 (0.00)         Incredibles 2 (NCRD2) 100000 253.51 (+6.22)         Julia Roberts (JROBE) 20000 37.34 (+1.47)         Chris Messina (CMESS) 1 3.03 (+0.08)         The Joker (JOKER) 100000 60.00 (0.00)         Michel Gondry (MGOND) 1 21.86 (+0.08)         The Meyerowitz Stories (MYRWT) 75000 0.03 (-0.01)         Michael Fassbender (MFASS) 20000 32.56 (+0.24)         The Joker (JOKER) 100000 60.00 (0.00)         Wonder (WONDE) 100000 70.14 (+12.26)         Michael Fassbender (MFASS) 20000 32.56 (+0.24)         Wonder (WONDE) 12136 70.14 (+12.26)         Untitled Fast & Furious Spinoff (FAFHS) 5000 98.85 (-0.25)         Greg Mottola (GMOTT) 19999 47.27 (+0.14)         Men in Black Untitled (MIB4) 5000 91.63 (+0.94)         Justice League (JLEAG) 100000 250.78 (-9.09)         The Joker (JOKER) 100000 60.00 (0.00)         Molly's Game (MOLYG) 37499 23.96 (-0.14)         Miranda Otto (MOTTO) 1 27.25 (0.00)         The Joker (JOKER) 56789 60.00 (0.00)         The Joker (JOKER) 7 60.00 (0.00)         The Joker (JOKER) 100000 60.00 (0.00)         Murder on the Orient Express (MOTOE) 100000 74.85 (-3.11)         Zoe (ZOE) 100000 2.67 (-0.12)         Arizona (AZONA) 50000 4.22 (-0.03)         The Joker (JOKER) 100000 60.00 (0.00)         The Joker (JOKER) 99984 60.00 (0.00)         The Joker (JOKER) 100000 60.00 (0.00)         Ben is Back (BENIB) 100000 11.97 (+1.97)         Julia Roberts (JROBE) 20000 37.34 (+1.47)         Guernsey Literary and Potato Pee (GLPPS) 50000 4.11 (+0.08)         The Joker (JOKER) 100000 60.00 (0.00)         Need for Speed 2 (NFSP2) 100000 1.27 (-0.01)         Georgetown (GTOWN) 50000 5.32 (-0.03)         Aaron Paul (APAUL) 19999 59.26 (-0.66)