Tenet $45M Blockbuster Warrant

Symbol:TENET.BW
Status:Active
IPO Date:Oct 4, 2020

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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Tenet $45M Blockbuster Warrant (TENET.BW)

H$7.76H$0.15 (1.90%)

Change TodayCurrent Value

Shares Held Long on HSX: 5,602,858
Shares Held Short on HSX: 242,501
Trading Volume on HSX (Today): 215,000

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High and Low Trading Prices

This Week H$7.66 H$7.37
This Month H$7.73 H$5.00
This Season H$7.73 H$5.00
This Year H$7.73 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 Cartel (TCRTL) 2000 1.51 (-0.02)         Dreamland (DREML) 1250 1.50 (-0.02)         XXX 4 (XXX4) 175 6.66 (-0.09)         All the Old Knives (AOKNV) 225 5.18 (-0.07)         Transformers 7 (TFRM7) 15 53.10 (-0.72)         The Human Factor (HUFAC) 2000 1.38 (-0.02)         Man from Toronto (MFTOR) 150000 28.65 (-0.25)         Man from Toronto (MFTOR) 100000 28.65 (-0.25)         Scarlett Johansson (SJOHA) 10 129.96 (+0.33)         Morbius (MORBI) 2 107.96 (-0.16)         Guardians of the Galaxy Vol. 3 (GOTG3) 3 145.82 (-0.44)         Violence of Action (VOACT) 50000 8.68 (-0.07)         Dear Evan Hansen (DEHAN) 2 31.27 (-0.22)         Spider-Man: Into the Spider-Vers (ASPD2) 2 110.61 (-0.22)         Transformers: Cybertron prequel (TFCYB) 70 31.74 (-0.47)         The Forever War (FORVR) 18 1.29 (-0.02)         Macbeth (MACBE) 225 5.76 (-0.09)         After Exile (AFEXL) 17 1.81 (-0.03)         Deeper (DEPER) 450 2.92 (-0.05)         After We Fell (AFTR3) 150000 3.00 (0.00)         Idina Menzel (IMENZ) 15 170.85 (+0.66)         Villain (VILAN) 20 1.74 (-0.03)         Mother/Android (MTAND) 20 14.14 (-0.26)         Bliss (BLISS) 20 2.10 (-0.04)         The Christmas Chronicles 2 (CHCH2) 150000 1.00 (0.00)         Run Sweetheart Run (RUNSH) 20 1.56 (-0.03)         Run Sweetheart Run (RUNSH) 20 1.56 (-0.03)         Every Breath You Take (EBYTK) 250 3.48 (-0.07)         Silk Road (SLKRD) 23 1.81 (-0.04)         Popeye (POPEY) 50000 6.22 (-0.04)         The Souvenir: Part II (TSUV2) 1300 1.80 (-0.04)         Uncharted (UNCHT) 22 81.89 (-1.84)         Captain Marvel 2 (CMAR2) 100 212.45 (-0.33)         Hunger Games: The Ballad of Song (HGAM5) 4 95.93 (+1.07)         Bullet Train (BULTR) 25 47.55 (-1.10)         Fantastic Beasts 3 (FBST3) 100 67.42 (-0.02)         The Black Hole (BHOLE) 25 1.70 (-0.04)         Little Fish (LITFS) 999 1.68 (-0.04)         Snow Ponies (SPONI) 24 1.67 (-0.04)         No Time To Die (JB25) 25 134.20 (-3.28)         The Christmas Chronicles 2 (CHCH2) 10000 1.00 (0.00)         Angelina Jolie (AJOLI) 15 109.31 (0.00)         Memoria (MEMRA) 1500 1.22 (-0.03)         Raya and the Last Dragon (RAYAD) 27 112.73 (-2.89)         The Divergent Series: Ascendant (DVRG4) 29 1.49 (-0.04)         News of the World (NEWSW) 62 30.54 (-0.84)         Gypsy (GYPSY) 28 1.80 (-0.05)         Shadows (MSHDW) 28 0.72 (-0.02)         Mona Lisa and the Blood Moon (BLDMN) 2225 0.95 (-0.03)         The Devil in the White City (DITWC) 34 2.18 (-0.07)