Listing Alert
MIAX Pearl
April 28, 2020 | 12:15 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: United States Oil Fund, LP (USO)
United States Oil Fund, LP (USO) has announced a reverse stock split effective for Wednesday, April 29, 2020. On that date, the current USO option class will change to USO1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list USO1 options. Therefore, no options on USO will be available for trading on Wednesday, April 29, 2020.
United States Oil Fund, LP (USO) will resume trading on the the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Thursday, April 30, 2020.
All GTC orders resting on the MIAX order books in USO will be canceled at the close of business on Tuesday, April 28, 2020.
Additional details about the United States Oil Fund, LP (USO) 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.