U.S. Options

MIAX Options Alerts

Find more information on our U.S. options exchanges.

MIAX Options Content.
MIAX Pearl Content.
MIAX Emerald Content.
MIAX Sapphire Content.
All Options Exchanges Content.
Back to MIAX Options Alerts

Listing Alert

MIAX Options

January 11, 2017 | 03:48 PM

MIAX Corporate Action Alert: ProShares Ultra Bloomberg Crude Oil (UCO)

ProShares Ultra Bloomberg Crude Oil (UCO) has announced a 1-for-2 reverse stock split.  The reverse stock split will become effective on Thursday, January 12, 2017.  On that date, the current UCO options class will change to UCO2.  The MIAX Options Exchange will not list UCO2 options.  Therefore, no options on UCO will be available for trading on the MIAX Options Exchange on Thursday, January 12, 2017.  The new UCO option series will resume trading on the MIAX Options Exchange on Friday, January 13, 2017.

All GTC orders resting on the MIAX order book in UCO will be canceled at the close of business on Wednesday, January 11, 2017.

Additional details about the ProShares Ultra Bloomberg Crude Oil (UCO) reverse stock split are provided in the attached OCC Memo.

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