Listing Alert
MIAX Pearl
November 21, 2019 | 11:57 AM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH)
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH)) has announced a 1-for-10 reverse stock split effective for Friday, November 22, 2019. On that date, the current GUSH option class will change to GUSH1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list GUSH1 options. Therefore, no options on GUSH will be available for trading on Friday, November 22, 2019.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH) will resume trading on the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Monday, November 25, 2019.
All GTC orders resting on the MIAX order books in GUSH will be canceled at the close of business on Thursday, November 21, 2019.
Additional details about the Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH) reverse split are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.