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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).



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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

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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.

Kiersey Clemons (KCLEM) 1000 30.99 (+0.99)         Hotel Transylvania 3 (HTRN3) 90000 73.93 (+0.20)         Anne Hathaway (AHATH) 169 69.04 (+0.28)         Dr. Seuss' How the Grinch Stole (HTGSC) 90000 57.78 (+0.05)         Meg (MEG) 90000 32.00 (+0.06)         Farming (FARMN) 100000 3.65 (-0.35)         The Starling (STARL) 100000 12.33 (+0.31)         Said Taghmaoui (STAGH) 20000 86.16 (-1.20)         The Beguiled (BGUIL) 100000 12.51 (+0.30)         Sam Claflin (SCLAF) 20000 121.05 (-0.51)         Kevin Hart (KHART) 20000 112.65 (+1.14)         Gal Gadot (GGADO) 20000 109.60 (+1.16)         Jason Sudeikis (JSUDE) 20000 36.49 (+0.60)         Jordan Peele (JPEEL) 20000 70.31 (-0.01)         Jack Huston (JHUST) 20000 45.28 (-0.41)         Gal Gadot (GGADO) 20000 109.60 (+1.16)         Die Hard: Year One (DIEH6) 25000 13.94 (+0.01)         Eddie Marsan (EMARS) 20000 7.70 (+0.04)         Ed Helms (EHELM) 20000 64.97 (0.00)         David Thewlis (DTHEW) 20000 50.36 (-0.93)         The Nun (THNUN) 90000 39.67 (-0.01)         Scarface (SCARF) 90000 34.81 (+0.06)         Life of the Party (LFOPT) 90000 35.64 (+0.06)         The Mountain Between Us (TMBUS) 410 22.88 (-0.03)         Russell Brand (RBRAN) 19999 110.08 (+0.57)         The Nun (THNUN) 90000 39.67 (-0.01)         Chris Pine (CPINE) 20000 92.89 (+0.20)         Bill Nighy (BNIGH) 20000 14.74 (-0.08)         Spider-Man: Homecoming (SPID6) 100000 261.73 (-0.33)         Russell Brand (RBRAN) 19999 110.08 (+0.57)         Anne Hathaway (AHATH) 20000 69.04 (+0.28)         Ed Helms (EHELM) 20000 64.97 (0.00)         Miranda Cosgrove (MCOSG) 19999 169.92 (+0.29)         Heal the Living (HEALV) 100000 0.31 (-0.05)         David Thewlis (DTHEW) 20000 50.36 (-0.93)         Miranda Cosgrove (MCOSG) 20000 169.92 (+0.29)         Wonder Woman $312.5M Blockbuster (WONDR.BW) 20000 8.00 (+0.17)         Danny Huston (DHUST) 20000 53.76 (-0.39)         David Thewlis (DTHEW) 20000 50.36 (-0.93)         Reykjavik (REYKJ) 2997 0.17 (0.00)         Manifesto (MNFST) 103 0.24 (0.00)         A Kid Like Jake (AKLJK) 15000 7.65 (+0.82)         The Jesuit (JESUT) 999 0.19 (0.00)         The Jetsons (JETSN) 100000 11.62 (-0.61)         The Jetsons (JETSN) 100000 11.62 (-0.61)         Gook (GOOK) 20000 1.70 (-0.60)         The Parsifal Mosaic (PARSF) 4000 0.26 (+0.01)         Tilda Swinton (TSWIN) 1 71.96 (0.00)         Blazing Samurai (BLAZS) 15000 13.52 (-0.74)         Birth of the Dragon (BOTDR) 15000 7.57 (-0.50)