Market Announcement: NominOptions for the leading Oscar contenders are now trading.

Star Wars: The Last Jedi $580M Blockbuster Warrant

Symbol:STAR8.BW
Status:Inactive
Delist Date:Mar 5, 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).



Related Securities

MovieStocks

Related Posts

Forum DiscussionsMore »

Star Wars: The Last Jedi $580M B (STAR8.BW)

H$39.12 March 5, 2018

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 300,350



High and Low Trading Prices

This Week H$22.75 H$21.79
This Month H$22.75 H$17.64
This Season H$22.75 H$12.39
This Year H$22.75 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.

Vigilance (VGLNC) 50000 13.05 (+1.97)         Vigilance (VGLNC) 50000 13.05 (+1.97)         N9: Lady Gaga - A Star is Born - (N9CLGA) 20000 5.56 (+0.56)         Vigilance (VGLNC) 50000 13.05 (+1.97)         N9: Emma Stone - The Favourite - (N9SEST) 20000 5.58 (+0.58)         Vigilance (VGLNC) 50000 13.05 (+1.97)         N9: Sam Elliott - A Star is Born (N9RSEL) 20000 5.36 (+0.36)         N9: Vice - Original (N9OVIC) 20000 5.76 (+0.33)         Kristen Stewart (KSTEW) 20000 2.35 (-0.06)         N9: Olivia Colman - The Favourit (N9COCO) 20000 5.33 (+0.33)         N9: The Death of Stalin - Adapte (N9EDOS) 20000 4.05 (-0.20)         N9: Roma - Original (N9OROM) 20000 5.73 (+0.27)         N9: Ethan Hawke - First Reformed (N9AEHA) 20000 5.45 (+0.45)         N9: Bradley Cooper - A Star Is B (N9ABCO) 20000 5.37 (+0.37)         N9: Viggo Mortensen - Green Book (N9AVMO) 20000 5.58 (+0.58)         N9: Bohemian Rhapsody - Picture (N9PBOH) 20000 6.30 (+0.31)         N9: Christian Bale - Vice - Acto (N9ACBA) 20000 5.38 (+0.38)         Knives Out (KNIVS) 1 44.10 (-1.25)         N9: Eighth Grade - Picture (N9P8TH) 20000 4.33 (-0.10)         Taraji P. Henson (TPHEN) 20000 69.11 (+0.53)         Venom 2 (VENM2) 55231 100.00 (0.00)         Venom 2 (VENM2) 100000 100.00 (0.00)         Mortal Engines (MENGN) 5000 26.80 (-4.16)         The Lion King (LIONK) 6288 454.41 (+0.55)         Venom 2 (VENM2) 100000 100.00 (0.00)         Michiel Huisman (MHUIS) 19999 13.72 (+0.08)         N9: Ryan Gosling - First Man - A (N9ARGO) 20000 4.68 (-0.32)         The Mule (TMULE) 10 52.85 (+4.12)         The Front Runner (TFRUN) 100000 3.23 (+0.08)         Venom 2 (VENM2) 100000 100.00 (0.00)         Sarah Silverman (SSILV) 20000 31.18 (+0.24)         N9: Cold War - Original (N9OCOL) 20000 4.16 (-0.20)         Venom 2 (VENM2) 20000 100.00 (0.00)         Summer '03 (SUM03) 100000 0.25 (-0.01)         Mary Poppins Returns (MPOPN) 100000 193.45 (-0.55)         Venom 2 (VENM2) 94079 100.00 (0.00)         Venom 2 (VENM2) 100000 100.00 (0.00)         Climax (CLMAX) 100000 0.91 (0.00)         Ezra Miller (EMILL) 20000 139.86 (-0.57)         N9: Can You Ever Forive Me? - Pi (N9PCYE) 20000 4.40 (-0.16)         Matangi/Maya/M.I.A. (MMMIA) 100000 0.49 (+0.15)         Pickle (PICKL) 100000 31.34 (+0.71)         N9: Brian Tyree Henry - If Beale (N9RBTH) 20000 4.57 (-0.43)         N9: Claire Foy - First Man - Sup (N9SCFO) 20000 5.60 (+0.60)         Candyman (CNDYM) 100000 56.35 (-0.07)         N9: Bradley Cooper - A Star Is B (N9DBCO) 20000 6.03 (+0.32)         N9: Regina King - If Beale Stree (N9SRKI) 20000 5.35 (+0.35)         Mandy Moore (MMOOR) 20000 69.28 (+0.26)         Mortal Engines (MENGN) 100000 26.80 (-4.16)         N9: Bradley Cooper - A Star Is B (N9ABCO) 20000 5.37 (+0.37)