Thor: Ragnarok $270M Blockbuster Warrant

Symbol:THOR3.BW
Status:Inactive
Delist Date:Jan 22, 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 »

Thor: Ragnarok $270M Blockbuster (THOR3.BW)

H$43.43 January 22, 2018

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 429,499



High and Low Trading Prices

This Week H$23.48 H$22.26
This Month H$23.48 H$19.23
This Season H$23.48 H$5.00
This Year H$23.48 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.

A Star Wars Story 3 (SWAR3) 4000 195.73 (-5.84)         Star Wars: Episode IX (STAR9) 100000 569.38 (+1.26)         Clark Duke (CDUKE) 20000 32.25 (+1.36)         Her Smell (HERSM) 100000 4.00 (0.00)         A Star Wars Story 3 (SWAR3) 100000 195.73 (-5.84)         Zoe Kravitz (ZKRAV) 20000 58.33 (+2.01)         Jurassic World: Fallen Kingdom (JURA5) 1234 392.16 (-3.03)         Top Gun 2 (TOPG2) 800 78.45 (+1.39)         Woody Harrelson (WHARR) 20000 81.65 (-1.24)         Five Feet Apart (5FTAP) 100000 14.79 (+2.36)         Thandie Newton (TNEWT) 20000 44.89 (-1.87)         A Star Wars Story 3 (SWAR3) 7444 195.73 (-5.84)         Jungle Cruise (JUNGC) 10000 67.14 (+1.66)         A Star Wars Story 3 (SWAR3) 100000 195.73 (-5.84)         Creed II aka Creed 2 (CREE2) 75000 70.23 (+3.77)         John Cho (JCHO) 20000 34.58 (+1.04)         An Actor Prepares (ACTPR) 100000 1.17 (+0.52)         Green Lantern Corps (GLAN2) 32328 58.52 (-0.30)         The Captain (TCAPT) 100000 1.75 (-0.45)         Welcome to Marwen (MARWN) 1000 42.12 (+6.63)         Little Italy (LITAL) 100000 1.52 (+0.43)         Top Gun 2 (TOPG2) 75000 78.45 (+1.39)         A Star Wars Story 3 (SWAR3) 100000 195.73 (-5.84)         Five Feet Apart (5FTAP) 100000 14.79 (+2.36)         Five Feet Apart (5FTAP) 100000 14.79 (+2.36)         Creed II aka Creed 2 (CREE2) 75000 70.23 (+3.77)         A Star Wars Story 3 (SWAR3) 100000 195.73 (-5.84)         Incredibles 2 (NCRD2) 10000 437.96 (+2.18)         Welcome to Marwen (MARWN) 100000 42.12 (+6.63)         The Joker (JOKER) 79648 67.39 (+0.24)         The First Purge (PURG4) 100000 53.79 (+4.31)         Welcome to Marwen (MARWN) 30000 42.12 (+6.63)         Five Feet Apart (5FTAP) 100000 14.79 (+2.36)         Little Italy (LITAL) 100000 1.52 (+0.43)         Black Widow (BWDOW) 100000 102.90 (+0.56)         Incredibles 2 (NCRD2) 200 437.96 (+2.18)         A Star Wars Story 3 (SWAR3) 100000 195.73 (-5.84)         Incredibles 2 (NCRD2) 22443 437.96 (+2.18)         Ant-Man and the Wasp H$70 Put (ANTM2.PU) 1000 2.00 (0.00)         Little Italy (LITAL) 100000 1.52 (+0.43)         Jurassic World: Fallen Kingdom H (JURA5.PU) 20000 3.39 (+0.06)         Ant-Man and the Wasp H$70 Call (ANTM2.CA) 1000 2.00 (0.00)         Little Italy (LITAL) 100000 1.52 (+0.43)         A Star Wars Story 3 (SWAR3) 100000 195.73 (-5.84)         Five Feet Apart (5FTAP) 99999 14.79 (+2.36)         Jacob's Ladder (JLADR) 11081 11.27 (+1.50)         Jurassic World: Fallen Kingdom H (JURA5.CA) 20000 4.16 (-0.16)         Jojo Rabbit (JOJOR) 99999 25.47 (+1.96)         Tag (TAG) 100 36.53 (-0.12)         Five Feet Apart (5FTAP) 100000 14.79 (+2.36)