J. Edgar H$15 Put

Symbol:HOOVR.PU
Status:Inactive
Delist Date:Nov 14, 2011

Description

Options are Hollywood Derivatives based around a specific event. Typically 'calls' and 'puts' options are offered for a MovieStock opening in wide release. This form of speculation lasts only for the opening weekend.

Put

A put option speculates that the related movie will have a lower box office take for its opening weekend than the strike price. A $20 put has a strike price of $20, and will cash out at zero if the movie makes more than $20 million during opening weekend. If the film makes less than $20 million it will cash out at a price determined by the following formula: (Strike Price - Actual Box Office). For Example: if the film made $15 million the put would cash out at H$5.00 (H$20 - H$15).



Related Securities

MovieStocks

J. Edgar H$15 Put (HOOVR.PU)

H$3.78 November 14, 2011

Delist Date Delist Price

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

High and Low Trading Prices

This Week H$3.14 H$2.74
This Month H$3.14 H$2.00
This Season H$3.14 H$2.00
This Year H$3.14 H$2.00

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What is a: Derivative, Status, Change Today


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