Symbol: | GMBLR.PU |
Status: | Inactive |
Delist Date: | Dec 29, 2014 |
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.
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 H$20 put has a strike price of $20M, 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).
The Gambler H$10 Put (GMBLR.PU)
H$0.87 December 29, 2014
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$2.22 | H$2.00 |
This Month | H$2.27 | H$2.00 |
This Season | H$2.27 | H$2.00 |
This Year | H$2.27 | H$2.00 |
What is a: Derivative, Status, Change Today