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

Transformers: The Last Knight $130M Blockbuster Warrant

Symbol:TFRM5.BW
Status:Inactive
Delist Date:Sep 11, 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 »

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

H$0.10 September 11, 2017

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 200,000



High and Low Trading Prices

This Week H$4.76 H$4.36
This Month H$6.95 H$4.36
This Season H$9.40 H$4.36
This Year H$9.40 H$4.36

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.

Ben is Back (BENIB) 10 12.53 (+1.08)         Shaun the Sheep Movie 2 (SHEP2) 100000 10.67 (+0.61)         Untitled Fast & Furious Spinoff (FAFHS) 5050 99.36 (-0.21)         Carrie Coon (CCOON) 1 75.76 (+0.76)         Dark River (DRKRV) 100000 1.91 (-0.09)         Kathryn Hahn (KHAHN) 20000 48.59 (-0.13)         The Chronicles of Narnia: The Si (NARN4) 99999 23.07 (-0.09)         The Joker (JOKER) 165 84.22 (-1.34)         Batgirl (BATGR) 9999 60.38 (-0.14)         Peppermint (PPRMN) 99999 19.67 (+0.68)         The Call of the Wild (TCOTW) 99999 44.07 (+0.19)         Zachary Levi (ZLEVI) 7853 188.63 (+0.11)         Coco H$65 Call Wed-Sun (DDLM.CA) 20000 4.11 (-0.01)         Vigilance (VGLNC) 100000 24.95 (+1.45)         Mary Steenburgen (MSTEE) 20000 6.26 (+0.12)         Michael Gambon (MGAMB) 20000 30.82 (+1.35)         The Batman (TBATM) 100 102.14 (+0.23)         Matt Damon (MDAMO) 20000 124.75 (-1.14)         Matt Damon (MDAMO) 20000 124.75 (-1.14)         Lake Bell (LBELL) 20000 61.46 (+0.54)         Two/One (TWONE) 15000 7.79 (+1.32)         Justice League (JLEAG) 10000 220.09 (+4.25)         Julianne Moore (JMOOR) 20000 71.21 (-0.66)         Julianne Moore (JMOOR) 20000 71.21 (-0.66)         James Franco (JAFRA) 20000 27.41 (+0.48)         Justice League (JLEAG) 99999 220.09 (+4.25)         Taika Waititi (TAWAI) 20000 61.96 (+0.13)         Haley Bennett (HBENN) 20000 36.05 (-0.32)         Thor: Ragnarok (THOR3) 100000 264.03 (+1.14)         Call Me By Your Name (CMBYN) 5000 7.22 (-0.33)         Chace Crawford (CCRAW) 20000 9.16 (+0.01)         Lupita Nyong'o (LNYON) 20000 168.44 (+0.28)         Lady Bird (LADYB) 100000 17.28 (+0.29)         Laura Dern (LDERN) 20000 5.52 (+0.04)         Wonder (WONDE) 100000 79.24 (+0.88)         Coco (DDLM) 100000 148.97 (+1.45)         Justice League (JLEAG) 100000 220.09 (+4.25)         Tetris The Movie (TETRS) 3000 26.81 (+1.61)         Roman J. Israel, Esq. (INRCT) 2000 22.49 (-0.62)         Amy Schumer (ASCHU) 20000 41.59 (+0.26)         Dark River (DRKRV) 100000 1.91 (-0.09)         Son of Shaft (SHAF2) 100000 28.77 (+0.92)         Andy Serkis (ASERK) 20000 194.98 (+0.28)         Daisy Ridley (DRIDL) 20000 108.12 (+0.28)         Benicio Del Toro (BDELT) 20000 64.78 (+0.13)         John Boyega (JBOYE) 20000 70.77 (0.00)         Adam Driver (ADRIV) 20000 60.14 (0.00)         Rian Johnson (RJOHN) 20000 73.05 (+0.13)         Justice League 2 (JLEA2) 3313 58.49 (+0.60)         Shaun the Sheep Movie 2 (SHEP2) 100000 10.67 (+0.61)