Symbol: | MOTCA |
Status: | Inactive |
Delist Date: | Jan 28, 2002 |
Richard Gere stars in the sci-fi film The Mothman Prophecies as a reporter who leaves his job after his wife's death. He pursues a series of strange events in a small town that leads to signs of a possible alien visitation. Mark Pellington (Arlington Road) directs the film co-starring Laura Linney (The Truman Show).
Options are short term investment opportunities based around a specific event. Typically options are released opening weekend of a particular MovieStock. This form of speculation takes the form of 'calls' and 'puts' and last only for opening weekend.
Call
A call option is the opposite of a put option. A call speculates that the related MovieStock will have a higher box office take for its opening weekend than the strike price. A $20 call has a strike price of $20, and will delist at zero if the movie does not make $20 million or more during opening weekend. If the film makes more than $20 million it will cash out at a price determined by the following formula: (Actual Box Office - Strike Price). For Example if the film made $25 million the call would cash out at H$5.00 (H$25 - H$20).
The Mothman Prophecies H$10 Call (MOTCA)
H$1.21 January 28, 2002
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$5.38 | H$4.47 |
This Month | H$5.38 | H$2.00 |
This Season | H$5.38 | H$2.00 |
This Year | H$5.38 | H$2.00 |
What is a: Derivative, Status, Change Today