HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
| Symbol: | RING3.CA |
| Status: | Inactive |
| Delist Date: | Feb 6, 2017 |
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, which is the first Friday to Sunday of wide release, unless otherwise defined.
Call
A call option speculates that the related MovieStock will have a higher box office take for its opening weekend than the strike price. A H$20 call has a strike price of $20M, and will delist at zero if the movie does not make $20 million or more during opening weekend. If the film makes more than $20 million it will cash out at a price determined by the following formula: (Actual Box Office - Strike Price). For Example: if the film made $25 million the call would cash out at H$5.00 (H$25 - H$20).
Rings H$15 Call (RING3.CA)
H$0.00 February 6, 2017
Delist Date Delist Price
Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 0
| This Week | H$3.07 | H$1.91 |
| This Month | H$3.07 | H$1.91 |
| This Season | H$3.07 | H$1.91 |
| This Year | H$3.07 | H$1.91 |
What is a: Derivative, Status, Change Today