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Transformers: The Last Knight $130M Blockbuster Warrant

Symbol:TFRM5.BW
Status:Active
IPO Date:Jul 16, 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).



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Transformers: The Last Knight $1 (TFRM5.BW)

H$8.45H$0.00 (0.00%)

Change TodayCurrent Value

Shares Held Long on HSX: 13,358,991
Shares Held Short on HSX: 1,102,844
Trading Volume on HSX (Today): 0

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High and Low Trading Prices

This Week H$9.07 H$6.11
This Month H$9.07 H$5.00
This Season H$9.07 H$5.00
This Year H$9.07 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.

Glass aka Unbreakable 2 aka Spli (GLASS) 100000 109.30 (+0.25)         Adam Shankman (ASHAN) 1000 118.16 (-0.01)         X-Men: Dark Phoenix (XMEN7) 100000 127.08 (+0.25)         Flarsky (FLRSK) 100000 25.82 (+0.82)         Smallfoot (SMLFT) 100000 46.34 (+0.20)         Fonzo (FONZO) 1 12.90 (-0.22)         Anne Hathaway (AHATH) 3000 68.42 (+0.15)         A Simple Favor (ASFAV) 1 19.82 (-0.36)         The Spy Who Dumped Me (TSWDM) 100000 37.03 (+0.06)         Jurassic World: Fallen Kingdom (JURA5) 68206 469.80 (+0.59)         The Incredibles 2 (NCRD2) 100000 227.33 (+0.33)         Dumplin (DUMPL) 100000 19.48 (+0.73)         X-Men: The New Mutants (NMUTN) 100000 106.43 (+0.25)         Happy End (HPEND) 1500 1.87 (0.00)         Flying Horse (FHORS) 100000 2.20 (+0.20)         A Wrinkle in Time (AWITM) 100000 138.05 (+0.25)         Peter Rabbit (PRABT) 100000 58.38 (+0.13)         Unicorn Store (UNICS) 100000 5.41 (+0.47)         Extinction (EXTNC) 100000 38.60 (+0.10)         The Papers aka The Post (TPOST) 100000 50.28 (+0.13)         I Am Chippendales (IMCHP) 100000 11.59 (+0.70)         Flarsky (FLRSK) 1 25.82 (+0.82)         Murder on the Orient Express (MOTOE) 100000 80.76 (+0.20)         Jigsaw aka Saw: Legacy aka Saw 8 (SAW8) 100000 39.01 (+0.06)         Boo 2!: A Madea Halloween (BOAM2) 100000 52.86 (+0.13)         Friend Request (FRQUS) 100000 3.61 (+0.38)         Friend Request (FRQUS) 100000 3.61 (+0.38)         It (IT1) 100000 98.92 (+0.20)         Logan Lucky (LUCLO) 100000 49.53 (+0.14)         Spider-Man: Homecoming (SPID6) 100000 269.03 (-0.33)         War for the Planet of the Apes (APES3) 100000 138.64 (-0.25)         Jumanji: Welcome to the Jungle (JUMNJ) 1000 113.58 (0.00)         Flarsky (FLRSK) 90000 25.82 (+0.82)         Ferdinand (FERDN) 1000 79.76 (0.00)         Warner Bros. Studio Fund (WBROX) 5000 10.73 (-0.01)         Darkest Hour (DARKH) 1000 17.65 (+0.02)         Downton Abbey (DWTAB) 100000 14.90 (+1.47)         The African-American Fund (AFRAM) 5000 27.47 (+0.02)         9/11 (911) 10000 1.94 (0.00)         An Inconvenient Sequel (INCV2) 100000 14.70 (+0.51)         Warner Bros. Studio Fund (WBROX) 5000 10.73 (-0.01)         Star Wars: The Last Jedi aka Epi (STAR8) 1000 728.49 (0.00)         Ready Player One (RDYP1) 5000 167.40 (-0.13)         The Billion Brick Race (BBRAC) 5000 34.38 (0.00)         Fonzo (FONZO) 10000 12.90 (-0.22)         Flarsky (FLRSK) 90000 25.82 (+0.82)         Untitled Jordan Peele Thriller (UJPEE) 8890 41.11 (-0.27)         The Goldfinch (GLDFN) 100000 25.59 (-0.26)         The Goldfinch (GLDFN) 100000 25.59 (-0.26)         Robotech (RTECH) 10000 27.02 (-0.79)