Trading Alert
MIAX Options
April 01, 2013 | 10:26 AM
MIAX Listing Alert: Corporate Action – Direxion Daily Gold Miners Bull 3X Shares (NUGT)
Direxion Daily Gold Miners Bull 3X Shares has declared a 1-for-5 reverse stock split. The reverse stock split will become effective at the market open on Tuesday, April 2, 2013. On that date, the current NUGT options class will change to NUGT1. The MIAX Options Exchange will not list NUGT1 options. Therefore, no options on NUGT will be available for trading on the MIAX Options Exchange on Tuesday, April 2, 2013. The new NUGT options series will resume trading on the MIAX Options Exchange on Wednesday, April 3, 2013.
Additional details about the Direxion Daily Gold Miners Bull 3X Shares 1-for-5 reverse stock split are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions.
Listings@miaxglobal.com
(609) 897-7308