Symbol: | BWXMN4 |
Status: | Inactive |
Delist Date: | Sep 6, 2011 |
In Hollywood, the summer season starts in the month of May. Participate in the box office success of the biggest summer movies of 2011 by investing in their Blockbuster Warrants. Make the call on which movie you think will make its strike price by Labor Day and profit from your prediction.
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 for the 2011 summer season. Blockbuster Warrants are similar to Call Options. The strike price is the estimated total domestic box-office take through Labor Day Weekend 2011.
If this particular film makes the strike price by September 5, 2011, 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. The Blockbuster Warrants will cash out on September 6, 2011.
Example: The Thor Blockbuster Warrant has a H$170 strike price. If Thor makes $190 million domestically, then the Thor Blockbuster Warrant will cash out at H$20 per share. (Box Office - Strike Price [$190-$170]). If Thor makes less than $170 million, then the warrant will cash out at H$0.
Blockbuster Warrant - X-Men: Fir (BWXMN4)
H$0.00 September 6, 2011
Delist Date Delist Price
Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 270,000
This Week | H$0.15 | H$0.01 |
This Month | H$0.45 | H$0.01 |
This Season | H$6.81 | H$0.01 |
This Year | H$6.81 | H$0.01 |
What is a: Derivative, Status, Change Today