Listing Alert
MIAX Emerald
April 14, 2020 | 02:26 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Chesapeake Energy Corporation (CHK)
Chesapeake Energy Corporation (CHK) has announced a reverse stock split effective for Wednesday, April 15, 2020. On that date, the current CHK option classes will change to CHK1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list CHK1 options. Therefore, no options on CHK will be available for trading on Wednesday, April 15, 2020.
Chesapeake Energy Corporation (CHK) will resume trading on the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Thursday, April 16, 2020.
All GTC orders resting on the MIAX order books in CHK will be canceled at the close of business on Tuesday, April 14, 2020.
Additional details about the reverse split are provided in the attached OCC Memos.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.