Listing Alert
MIAX Sapphire
January 17, 2025 | 09:50 AM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Lennar Corporation (LEN)
Lennar Corporation (LEN) has announced a distribution effective for Tuesday, January 21, 2025. On this date, the current LEN option class will change to LEN1. The MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange will not list LEN1 options. Therefore, no options on LEN will be available for trading on Tuesday, January 21, 2025.
Lennar Corporation (LEN) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Wednesday, January 22, 2025.
All GTC orders resting on the MIAX order books in LEN will be canceled at the close of business on Friday, January 17, 2025.
Additional details about the Lennar Corporation (LEN) distribution are provided in the attached OCC Memo.
Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.