The LEGO Batman Movie $155M Blockbuster Warrant

Symbol:LBATM.BW
Status:Active
IPO Date:Mar 5, 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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The LEGO Batman Movie $155M Bloc (LBATM.BW)

H$14.63H$0.20 (1.39%)

Change TodayCurrent Value

Shares Held Long on HSX: 23,999,929
Shares Held Short on HSX: 61,000
Trading Volume on HSX (Today): 280,108

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High and Low Trading Prices

This Week H$14.03 H$12.32
This Month H$14.03 H$5.00
This Season H$14.03 H$5.00
This Year H$14.03 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.

Bronco Belle (BRNCO) 100000 6.93 (+5.13)         Life (LIFEM) 10000 32.94 (-1.66)         Disobedience (DSOBD) 500 1.91 (+0.03)         Forest Whitaker (FWHIT) 1 90.33 (0.00)         Sherlock Gnomes aka Gnomeo & Jul (GNOM2) 100000 33.97 (+9.71)         Doctor Strange 2 (DRST2) 25 131.63 (+0.25)         Logan $200M Blockbuster Warrant (WOLV3.BW) 20000 6.27 (+1.27)         Guardians of the Galaxy Vol. 2 (GOTG2) 56111 329.80 (-1.25)         Sherlock Gnomes aka Gnomeo & Jul (GNOM2) 100000 33.97 (+9.71)         Daddy's Home 2 (DDHM2) 3 96.36 (-0.14)         Bill & Ted 3 (BILL3) 100000 4.05 (-0.02)         Armie Hammer (AHAMM) 1 39.15 (-0.16)         Ferdinand (FERDN) 99990 60.35 (+2.50)         The Division (DIVSN) 100000 26.41 (+1.41)         Suburbicon (SUBCN) 99999 17.97 (+0.13)         The Catcher Was A Spy (CWSPY) 4 11.28 (+0.05)         American Wrestler: The Wizard (AMWTW) 100000 0.36 (-0.15)         Jason Momoa (JMOMO) 1 49.75 (+0.14)         CHiPs (CHIPS) 10000 16.73 (-2.02)         Samuel L. Jackson (SLJAC) 20000 80.54 (+1.44)         Suburbicon (SUBCN) 100000 17.97 (+0.13)         The Crowded Room (CRWDR) 145 6.63 (-0.02)         Death Note (DNOTE) 10000 0.30 (+0.12)         Logan $200M Blockbuster Warrant (WOLV3.BW) 20000 6.27 (+1.27)         American Wrestler: The Wizard (AMWTW) 99999 0.36 (-0.15)         Gambit (GAMBI) 100000 36.22 (-0.09)         The Mercy (CROWH) 55 0.89 (-0.05)         Logan $200M Blockbuster Warrant (WOLV3.BW) 20000 6.27 (+1.27)         The Legend of Conan (CONA2) 25 1.09 (+0.04)         Suburbicon (SUBCN) 100000 17.97 (+0.13)         The Division (DIVSN) 100000 26.41 (+1.41)         The Greatest Showman on Earth (TGSOE) 7296 22.80 (+0.10)         The Commuter (COMUT) 90 24.18 (-0.34)         The Current War (CURNT) 100000 28.16 (-0.16)         Toy Story 4 (TOYS4) 100000 229.35 (-0.42)         The Zookeeper's Wife H$5 Put (ZKPWF.PU) 20000 2.46 (+0.01)         Thomas Mann (THOMA) 20000 18.02 (+0.22)         The Current War (CURNT) 100000 28.16 (-0.16)         The Zookeeper's Wife H$5 Call (ZKPWF.CA) 20000 0.77 (-0.05)         Captain Marvel (CMARV) 6 127.92 (+0.89)         The Circle (CIRCL) 8 42.32 (+0.49)         Zack Snyder (ZSNYD) 1 158.49 (-0.57)         Fantastic Beasts 2 (FBST2) 100000 175.69 (+0.64)         The Boss Baby H$30 Call (BOSSB.CA) 20000 3.58 (+0.09)         Sonic the Hedgehog (SONIC) 100000 34.34 (+2.63)         Ant-Man and the Wasp (ANTM2) 10765 136.45 (-0.44)         The Boss Baby H$30 Put (BOSSB.PU) 20000 2.47 (-0.23)         Nicole Kidman (NKIDM) 1 15.08 (-0.09)         Charlie's Angels (CHAR3) 90 20.80 (+0.13)         The Only Living Boy in New York (OLBNY) 20000 2.85 (+0.05)