Guardians of the Galaxy Vol. 3 $300M Blockbuster Warrant

Symbol:GOTG3.BW
Status:Inactive
Delist Date:Jul 24, 2023

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

Guardians of the Galaxy Vol. 3 $ (GOTG3.BW)

H$58.85 July 24, 2023

Delist Date Delist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 75,000

High and Low Trading Prices

This Week H$24.75 H$22.65
This Month H$24.75 H$18.31
This Season H$24.75 H$5.00
This Year H$24.75 H$5.00

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What is a: Derivative, Status, Change Today


Alex Pettyfer (APETT) 25000 58.17 (0.00)          Alex Pettyfer (APETT) 3 58.17 (0.00)          James Mangold (JMANG) 3 138.51 (0.00)          James Mangold (JMANG) 3 138.51 (0.00)          Final Destination Bloodlines (FDES6) 100 80.01 (+0.96)          Clown in a Cornfield (CIACF) 75000 6.21 (-0.41)          Sinners $215M Blockbuster Warran (SINER.BW) 25000 5.00 (0.00)          Sinners $215M Blockbuster Warran (SINER.BW) 25000 5.00 (0.00)          Mission: Impossible - The Final (MISS8.PU) 25000 1.75 (-0.06)          Alan Ritchson (ARITC) 25000 76.04 (0.00)          Mission: Impossible - The Final (MISS8.CA) 25000 4.38 (+0.18)          Alan Ritchson (ARITC) 3 76.04 (0.00)          Naomi Scott (NSCOT) 3 84.06 (0.00)          Naomi Scott (NSCOT) 3 84.06 (0.00)          Mission: Impossible - The Final (MISS8.OW) 10000 85.33 (+0.83)          The Fantastic Four: First Steps (FANF2) 150 198.95 (+0.85)          Rob Marshall (RMARS) 3 169.61 (0.00)          Rob Marshall (RMARS) 3 169.61 (0.00)          Forgotten Island (FRGIS) 150000 53.83 (-0.31)          Joe Carnahan (JCARN) 3 34.22 (+0.13)          Joe Carnahan (JCARN) 3 34.22 (+0.13)          Lilo & Stitch H$150 Put 4Day (LILST.PU) 25000 2.24 (+0.05)          Austin Butler (ABUTL) 3 115.89 (-0.66)          Sinners $215M Blockbuster Warran (SINER.BW) 25000 5.00 (0.00)          Austin Butler (ABUTL) 3 115.89 (-0.66)          Ang Lee (ALEE) 3 36.33 (-0.12)          Lilo & Stitch H$150 Call 4Day (LILST.CA) 25000 3.94 (+0.16)          Ang Lee (ALEE) 3 36.33 (-0.12)          Clown in a Cornfield (CIACF) 150000 6.21 (-0.41)          Jennifer Coolidge (JCOOL) 3 52.38 (0.00)          Jennifer Coolidge (JCOOL) 3 52.38 (0.00)          Clown in a Cornfield (CIACF) 150000 6.21 (-0.41)          Fight or Flight (FIOFL) 150000 4.69 (+0.23)          Lilo & Stitch - Opening Weekend (LILST.OW) 10000 155.17 (+0.87)          4 Kids Walk Into a Bank (4KWIB) 150000 6.71 (-0.17)          The Horror Fund 9 (SPOOK) 100 40.20 (+0.17)          4 Kids Walk Into a Bank (4KWIB) 150000 6.71 (-0.17)          Hope (HOPE) 150000 1.75 (-0.06)          Killing Gawker (KGAWK) 150000 18.77 (+0.82)          Killing Gawker (KGAWK) 150000 18.77 (+0.82)          Geraldine Viswanathan (GVISW) 100 37.89 (0.00)          Gal Gadot (GGADO) 3 116.90 (0.00)          Gal Gadot (GGADO) 3 116.90 (0.00)          Sinners $215M Blockbuster Warran (SINER.BW) 25000 5.00 (0.00)          Kathryn Hahn (KHAHN) 3 92.35 (0.00)          Hope (HOPE) 140000 1.75 (-0.06)          Kathryn Hahn (KHAHN) 3 92.35 (0.00)          Kerry Washington (KWASH) 3 65.80 (-0.26)          Kerry Washington (KWASH) 3 65.80 (-0.26)          The Batman: Part II (TBAT2) 5000 223.77 (-1.01)