Listing Alert
MIAX Pearl
May 24, 2021 | 10:23 AM
MIAX Exchange Group - Options Markets - Corporate Action Alert: ProShares UltraPro Short Dow30 (SDOW)
ProShares UltraPro Short Dow30 (SDOW) has announced a reverse stock split effective for Tuesday, May 25, 2021. On that date, the current SDOW option class will change to SDOW1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list SDOW1 options. Therefore, no options on SDOW will be available for trading on Tuesday, May 25, 2021.
ProShares UltraPro Short Dow30 (SDOW) will resume trading on the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Wednesday, May 26, 2021.
All GTC orders resting on the MIAX order books in SDOW will be canceled at the close of business on Monday, May 24, 2021.
Additional details about the ProShares UltraPro Short Dow30 (SDOW) 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.