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The Meg $120M Blockbuster Warrant

Symbol:MEG.BW
Status:Active
IPO Date:Sep 2, 2018

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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The Meg $120M Blockbuster Warran (MEG.BW)

H$18.14H$0.07 (0.39%)

Change TodayCurrent Value

Shares Held Long on HSX: 20,478,791
Shares Held Short on HSX: 20,000
Trading Volume on HSX (Today): 240,007

Trade MEG.BW Advanced »



High and Low Trading Prices

This Week H$18.03 H$17.34
This Month H$18.03 H$14.39
This Season H$18.03 H$13.47
This Year H$18.03 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.

The Eternals (ETRNL) 100000 68.30 (+2.29)         Malcolm D. Lee (MDLEE) 20000 67.68 (+3.92)         Terminator sequel (TERM6) 100000 64.09 (+2.61)         My Spy (MYSPY) 100000 28.10 (+2.83)         Morgan Freeman (MFREE) 20000 49.40 (+0.27)         Ron's Gone Wrong (RONGW) 25000 46.88 (-0.85)         Birds of Prey (GOTCS) 100000 116.80 (+1.82)         Guardians of the Galaxy Vol. 3 (GOTG3) 19832 127.70 (-4.64)         The Intruder aka Motivated Selle (NTRDR) 100000 23.77 (-0.14)         Morgan Freeman (MFREE) 20000 49.40 (+0.27)         LeBron James (LBJAM) 20000 58.78 (+0.03)         Birds of Prey (GOTCS) 100000 116.80 (+1.82)         Indivisible (NDVSB) 20000 5.27 (+0.07)         The Wolf Man (TWLFM) 100000 6.32 (-0.20)         Ron's Gone Wrong (RONGW) 25000 46.88 (-0.85)         The Intruder aka Motivated Selle (NTRDR) 100000 23.77 (-0.14)         Crazy Rich Asians 2: China Rich (CRAS2) 10645 102.05 (-0.05)         Gina Rodriguez (GIROD) 20000 57.10 (+2.86)         Widows (WIDOW) 100000 44.67 (+3.09)         Batgirl (BATGR) 100000 27.73 (+0.17)         Batgirl (BATGR) 100000 27.73 (+0.17)         Common (COMMN) 20000 84.35 (+1.10)         Charlie's Angels (CHAR3) 100000 76.90 (+5.42)         Rami Malek (RMALE) 20000 35.14 (+0.41)         No Manches Frida 2 (NMFR2) 100000 8.89 (0.00)         Aladdin (ALADN) 100000 321.13 (-1.87)         No Manches Frida 2 (NMFR2) 100000 8.89 (0.00)         Men in Black Untitled (MIB4) 10000 149.65 (-0.37)         James Corden (JCORD) 20000 113.23 (+0.36)         Pinocchio - Disney (PNOCC) 100000 67.83 (-0.97)         Jungle Cruise (JUNGC) 100000 109.41 (+0.92)         Dumplin' (DUMPL) 100000 1.43 (-0.19)         What They Had (WHTHD) 100000 0.83 (-0.09)         Once Upon a Time in Hollywood ak (MFMLY) 100000 112.57 (+0.21)         The Kids Fund (KIDS) 10000 20.00 (0.00)         The Kids Fund (KIDS) 10000 20.00 (0.00)         Once Upon a Time in Hollywood ak (MFMLY) 100000 112.57 (+0.21)         Gina Rodriguez (GIROD) 20000 57.10 (+2.86)         The Woman in the Window (WIWDW) 9999 31.70 (+0.22)         TVTV: Video Revolutionaries (TVTVR) 100000 1.00 (0.00)         The Last Thing He Wanted (TLTHW) 100000 2.04 (-0.03)         My Spy (MYSPY) 100000 28.10 (+2.83)         The Last Thing He Wanted (TLTHW) 100000 2.04 (-0.03)         I’ll Never Get Out of This Wor (INGOW) 87995 0.53 (-0.04)         Guardians of the Galaxy Vol. 3 (GOTG3) 6881 127.70 (-4.64)         On the Run (OTRUN) 100000 31.17 (+3.70)         The Kids Fund (KIDS) 10000 20.00 (0.00)         LeBron James (LBJAM) 100 58.78 (+0.03)         Omari Hardwick (OHARD) 20000 14.11 (-0.04)         RoboCop Returns (ROBO2) 50000 36.14 (+0.08)