U.S. Options

The following ProShare ETF has announced a reverse stock split effective for Friday, June 23, 2023:

• ProShares Ultra Bloomberg Natural Gas ETF (BOIL)

On that date, the current BOIL option class will change to BOIL1 and will be available for trading on the MIAX Pearl Options Exchange and the MIAX Emerald Options Exchange on Friday, June 23, 2023. 

All GTC orders resting on the MIAX Pearl and the MIAX Emerald order books in BOIL will be canceled at the close of business on Thursday, June 22, 2023.

BOIL will resume trading on the MIAX Pearl Options Exchange and the MIAX Emerald Options Exchange on Monday, June 26, 2023.

NOTE:

• BOIL1 options will trade on Cloud 2 on the MIAX Pearl Options Exchange and the MIAX Emerald Options Exchange

Market Makers can use the Member Firm Portal (MFP) to manage their option class assignments. Please note, BOIL should be used for class assignments in BOIL1 via MFP. All LMM and RMM Option Class Assignments must be entered prior to 6:00 PM ET on the business day immediately preceding the effective date.  All changes made after 6:00 PM ET on a given day will be effective two trading days later.

MIAX Options and MIAX Emerald Primary Lead Market Maker (PLMM) assignments and un-assignments will not be supported via the MFP. 
 
Additional details about the above ProShare ETF reverse split is provided in the attached OCC Memo.

Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.