Have you ever heard about a movie, thought it was going to be a huge hit and wished you could participate in that films box office gross? Now you can. The Cantor Exchange is a new website where you can trade future contracts (think stocks with expiration dates) based on a movies box office potential. Do you think the latest Adam Sandler comedy is going to be a big hit? Buy the contract. Do you think the latest big budget action movie is going to be a box office bomb? Sell it short* and buy it back cheaper later on. Any way you slice it, for the first time ever, film lovers are going to have the opportunity to make money right along with Hollywood. Movies make a lot of money, now you can too.

I know some of you are thinking “sounds great but I don’t have any idea how to predict box office.” That’s where I come in. All you have to do is stop by FilmGo for my latest trading tips and box office predictions and if you think I’m right, head to the exchange and make a trade. If you think I’m wrong, take the opposite side of the trade. Listen, I’m not perfect and I’m not always going to be right, but with 13 years of trading experience on the floor of the New York Stock Exchange and an 87% accuracy rate on my box office predictions, I truly believe I can help anyone whose willing to listen, make money. 

Whether you’re fabulously rich or have only $50 to invest, the Cantor Exchange caters to everyone. These movie future contracts are officially known as DBOR’s (domestic box office receipts). The contract will trade continuously, 24/7, until its settlement date. The settlement date for all contracts takes place approximately four weeks after a film has been released in theatres. I refer to this four week cycle as the “Popcorn Period”. It is during the “Popcorn Period” that a film will start collecting money from ticket sales and you will know whether the film is a box office smash or a big old bomb. 

So how does it work? It’s really quite simple. A films contract will be priced at 1/1,000,000^th of the films box office total (during the “Popcorn Period”). For example if the latest Harry Potter film made $225M during the Popcorn Period, each movie contract would be worth $225. Every time a film collects $1 million dollars at the box office, the contract price will go up $1. For example, The Blind Side collected $149.8M during its first four weeks in theatres; this means that the contract would settle at the price of $149.80 per share. If you had bought 10 contracts of The Blind Side at $105 per share and sold them at $149.80, you would make a profit of $44.80 per contract or $448. If you had bought 100 contracts at that price, your profit would be $4480. Of course, just like with any equity, you can lose money as well. It’s just like trading stocks except you don’t have to be a Wall Street wizard to profit. All you have to do is apply your love and knowledge of movies to trading future contracts or simply stop by FilmGo for my latest tips and predictions. To learn more about movie contracts and how it all works visit the Cantor Exchange.

The Cantor Exchange is currently open only for mock trading so that traders can practice without any real risk. When you sign up, you are given $10,000 virtual dollars to buy and sell contracts. Even better than that, the Exchange will even pay you to practice! Every time you make $1000 virtual dollars, Cantor will pay you $10. You can learn more here. So what are you waiting for? Sign up today and start practicing!

 

*Selling a contract short means that you are selling something you don’t own in hopes of buying it back cheaper later on. For example if you knew you could buy a TV for $300 and had a buyer willing to buy it from you for $400, you would make the sale for $400 and then buy the TV for $300 making a tidy $100 profit.