HSX Forum

Movies

Introducing New Release Date Call and Put Options

Posted by: Antibody on Jul 24, 11:36

 

Rather than just wait for movies to eventually return to theaters, you will now be able to trade on when you think movies will return to theaters (or hit VOD/streaming).  Introducing new Release Date Call and Put options on HSX.   

A Release Date Call option speculates that the related MovieStock will have an earlier U.S. release date (Theatrical or VOD/S) than the strike date.  For Example: The New Mutants Sep 1 Call has a strike date of September 1.  It will delist at zero if the movie opens on or after September 1st. If the film opens earlier than September 1st, it will cash out at a price determined by the number of days before the strike date.  If the film opens on August 28th, then the call will cash out at H$4.00. 

A Release Date Put option speculates that the related MovieStock will have a later U.S. release date (Theatrical or VOD/S) than the strike date.   For Example: The New Mutants Sep 1 Put has a strike date of September 1st.  It will delist at zero if the movie opens on or before September 1st. If the film opens later than September 1st, it will cash out at a price determined by the number of days after the strike date.  If the film opens on September 4th, then the call will cash out at H$3.00. 

Release Date Call and Put options will halt and cash out during opening weekend like regular Call and Put options.   The maximum payout for the Release Date option will be capped at H$60, even if the film is delayed by more than 60 days past the strike date.   The options can be delisted and then relisted again with a new strike date.

Release Date Options for UNHNG, NMUTN and TENET will IPO next week:

https://www.hsx.com/calendar/?sdate=2020-07-26





Post a Reply

To post to the forums you must first login!


In the Grey aka Untitled Guy Rit (NGREY) 1 23.50 (+0.13)          The Brutalist (BRUTL) 150000 4.69 (-0.07)          The Brutalist (BRUTL) 150000 4.69 (-0.07)          Blood on Snow (BLOSN) 150000 23.01 (-0.12)          Blood on Snow (BLOSN) 150000 23.01 (-0.12)          James Badge Dale (JBDAL) 25000 5.71 (+0.05)          Gladiator II (GLAD2) 150000 168.72 (-1.78)          Gladiator II (GLAD2) 150000 168.72 (-1.78)          Paul Anderson (PANDE) 25000 18.35 (+0.10)          Splitsville (SPTSV) 150000 4.29 (+0.03)          The Horror Fund 9 (SPOOK) 20000 20.35 (+0.02)          Spa Weekend (SPAWK) 150000 13.69 (+0.88)          Spa Weekend (SPAWK) 150000 13.69 (+0.88)          The Senior (SENIR) 150000 4.07 (+0.50)          The Senior (SENIR) 150000 4.07 (+0.50)          Peter Sarsgaard (PSARS) 25000 51.03 (+0.16)          See You When I See You (SYWIS) 150000 4.27 (+0.81)          See You When I See You (SYWIS) 150000 4.27 (+0.81)          Werewolves (WEREW) 50000 16.60 (+0.19)          John Magaro (JMAGA) 25000 5.21 (+0.05)          Dark Army (DARKA) 149990 4.86 (+0.03)          The Beatles (BEAT1) 150000 76.75 (+1.74)          Gladiator II (GLAD2) 100000 168.72 (-1.78)          Bullitt (BULIT) 25000 28.35 (+0.01)          Assassination (ASSNT) 149999 13.62 (-0.39)          The Beatles (BEAT1) 150000 76.75 (+1.74)          The Senior (SENIR) 150000 4.07 (+0.50)          Gladiator II (GLAD2) 50000 168.72 (-1.78)          See You When I See You (SYWIS) 150000 4.27 (+0.81)          Sneaks (SNEKS) 149999 14.15 (+1.14)          The Wedding Banquet (TWEDB) 75001 8.97 (-0.10)          Legally Blonde 3 (BLON3) 149999 13.81 (-0.15)          Legally Blonde 3 (BLON3) 150000 13.81 (-0.15)          Spa Weekend (SPAWK) 149999 13.69 (+0.88)          Crazy Rich Asians 2: China Rich (CRAS2) 149999 33.53 (-0.03)          Star Wars: Dawn of the Jedi (STRW1) 1 132.92 (0.00)          Gladiator II (GLAD2) 60000 168.72 (-1.78)          The Legend of Zelda (ZELDA) 150000 117.39 (+0.44)          Werewolves (WEREW) 2500 16.60 (+0.19)          Wuthering Heights (WUTHR) 5000 38.21 (+0.37)          The Beatles (BEAT1) 150000 76.75 (+1.74)          The Beatles (BEAT1) 150000 76.75 (+1.74)          The Beatles (BEAT1) 150000 76.75 (+1.74)          The Beatles (BEAT1) 92514 76.75 (+1.74)          Wicked (WICKD) 1 306.27 (+0.37)          Wicked (WICKD) 99999 306.27 (+0.37)          Gladiator II (GLAD2) 150000 168.72 (-1.78)          The Beatles (BEAT1) 150000 76.75 (+1.74)          The Beatles (BEAT1) 50000 76.75 (+1.74)          See You When I See You (SYWIS) 150000 4.27 (+0.81)