Magic Mike H$20 Put

Symbol:MGCMK.PU
Status:Inactive
Delist Date:Jul 2, 2012

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

Magic Mike H$20 Put (MGCMK.PU)

H$0.00 July 2, 2012

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$3.21 H$0.46
This Month H$3.21 H$0.46
This Season H$3.21 H$0.46
This Year H$3.21 H$0.46

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What is a: Derivative, Status, Change Today


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