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

Pirates of the Caribbean: Dead Men $150M Blockbuster Warrant

Symbol:PIRT5.BW
Status:Inactive
Delist Date:Aug 14, 2017

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 »

Pirates of the Caribbean: Dead M (PIRT5.BW)

H$21.56 August 14, 2017

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 100,000



High and Low Trading Prices

This Week H$16.16 H$15.88
This Month H$16.23 H$13.83
This Season H$16.23 H$5.00
This Year H$16.23 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.

Destroyer (DSTRY) 100000 12.19 (+0.64)         Geostorm (GEOST) 20000 27.45 (-3.01)         Glass aka Unbreakable 2 aka Spli (GLASS) 100000 117.08 (+0.48)         Men in Black Untitled (MIB4) 19379 75.00 (0.00)         Stan & Ollie (STNOL) 100000 4.25 (+0.78)         Nightwing (NTWNG) 30000 49.43 (+1.04)         John Wick: Chapter 3 (WICK3) 100000 68.36 (+1.27)         El Presidente (ELPRS) 1000 2.64 (-0.06)         The Batman (TBATM) 100000 128.55 (+1.73)         Nightwing (NTWNG) 30000 49.43 (+1.04)         It: Chapter Two (IT2) 100000 204.81 (+1.83)         Men in Black Untitled (MIB4) 100000 75.00 (0.00)         The Upside aka Untouchable aka T (NTCHB) 100000 26.44 (+3.84)         Mission: Impossible 6 (MISS6) 100 141.31 (+0.13)         Men in Black Untitled (MIB4) 6469 75.00 (0.00)         Men in Black Untitled (MIB4) 6469 75.00 (0.00)         Men in Black Untitled (MIB4) 100000 75.00 (0.00)         Claire Danes (CDANE) 20000 21.04 (+0.24)         Men in Black Untitled (MIB4) 6469 75.00 (0.00)         Men in Black Untitled (MIB4) 100000 75.00 (0.00)         Men in Black Untitled (MIB4) 100000 75.00 (0.00)         Nightwing (NTWNG) 10000 49.43 (+1.04)         Live, Die, Repeat and Repeat aka (EDGT2) 1000 34.55 (-0.07)         Men in Black Untitled (MIB4) 100000 75.00 (0.00)         Men in Black Untitled (MIB4) 100000 75.00 (0.00)         A Quiet Place (AQPLC) 1000 14.14 (-0.10)         Stockholm (STKHM) 100000 11.71 (+0.06)         Thor: Ragnarok H$90 Put (THOR3.PU) 20000 1.62 (+0.02)         Men in Black Untitled (MIB4) 38804 75.00 (0.00)         Thor: Ragnarok H$90 Put (THOR3.PU) 20000 1.62 (+0.02)         Mary Poppins Returns (MPOPN) 1000 120.44 (-0.25)         Men in Black Untitled (MIB4) 1 75.00 (0.00)         Suburbicon (SUBCN) 25000 23.01 (-1.15)         Men in Black Untitled (MIB4) 100000 75.00 (0.00)         Suburbicon (SUBCN) 25000 23.01 (-1.15)         Mary (MARY1) 25000 13.07 (-1.80)         Mary (MARY1) 25000 13.07 (-1.80)         The Snowman (SNOWM) 100000 13.84 (-4.56)         Only the Brave (NOEXT) 25000 19.79 (-3.54)         Only the Brave (NOEXT) 25000 19.79 (-3.54)         The Snowman (SNOWM) 100000 13.84 (-4.56)         Geostorm (GEOST) 100000 27.45 (-3.01)         Geostorm (GEOST) 100000 27.45 (-3.01)         Only the Brave (NOEXT) 100000 19.79 (-3.54)         Deeper (DEPER) 100000 34.08 (-0.67)         Men in Black Untitled (MIB4) 3 75.00 (0.00)         Daddy's Home 2 (DDHM2) 69682 90.08 (-0.17)         Nightwing (NTWNG) 60000 49.43 (+1.04)         Men in Black Untitled (MIB4) 500 75.00 (0.00)         Men in Black Untitled (MIB4) 100000 75.00 (0.00)