OCC (Options Clearing Corporation) – Information Memos

OCC (Options Clearing Corporation) – Information Memos

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Clearing memos, risk notices, and product/market changes across listed options.

#58798
NewsApr 17, 2026

#58798

Ravens Sub, a Gilead Sciences subsidiary, has extended its tender offer for all Arcellx (ACLX) common shares to 5 p.m. ET on April 27, 2026. Shareholders can tender each share for $115 cash plus a non‑transferable contingent‑value right (CVR) that pays $5 if...

By OCC (Options Clearing Corporation) – Information Memos
#58797
NewsApr 17, 2026

#58797

Penumbra Inc. shareholders will vote on May 6, 2026 to approve a merger with Boston Scientific Corp. The deal offers a mixed consideration—73.26% cash at $374 per PEN share and 26.74% stock at 3.8721 Boston Scientific shares per PEN share, subject to...

By OCC (Options Clearing Corporation) – Information Memos
#58776
NewsApr 17, 2026

#58776

On April 17, 2026 the Options Clearing Corporation (OCC) will apply a special pricing rule to Tuttle Capital MSTR 0DTE Covered Call ETF (MSTK) options because the underlying ETF’s shares were suspended from trading on the Cboe BZX Exchange. For...

By OCC (Options Clearing Corporation) – Information Memos
#58796
NewsApr 17, 2026

#58796

Amrize Ltd announced a special cash dividend of $0.44 per ordinary share, pending shareholder approval on April 21, 2026. The record date is set for April 24, with payment scheduled for May 4, 2026. To reflect the dividend, the Options Clearing Corporation will adjust AMRZ...

By OCC (Options Clearing Corporation) – Information Memos
#58795
NewsApr 17, 2026

#58795

The OCC released an Information Memo outlining an updated expiration framework effective April 2026. It accelerates several contract expirations, removes certain instruments from the Ex‑by‑Ex processing stream, and revises trading halt protocols. Specific pricing considerations are provided for BMAX, MSTK, NMTC1...

By OCC (Options Clearing Corporation) – Information Memos
#58793
NewsApr 17, 2026

#58793

Direxion announced the liquidation of its Daily Crypto Industry Bull 2X ETF (LMBO), with the final trading day on April 10, 2026 and a cash distribution of $18.31869 per share on April 17. The ETF’s options will now settle in cash, delivering $1,831.87...

By OCC (Options Clearing Corporation) – Information Memos
#58792
NewsApr 17, 2026

#58792

On March 13, 2026 Direxion’s Board voted to liquidate the Direxion Daily Crypto Industry Bear 1X ETF (ticker REKT). The fund’s last trading day was April 10, 2026 and a final cash distribution of $18.00194 per share was made on April 17, 2026. REKT options were converted...

By OCC (Options Clearing Corporation) – Information Memos
#58791
NewsApr 17, 2026

#58791

AdvisorShares Trust announced the termination and liquidation of the AdvisorShares Restaurant ETF (EATZ). The ETF’s last trading day on NYSE Arca is April 30, 2026, with a formal liquidation slated for May 7, 2026. Shareholders will receive a cash distribution equal to the net...

By OCC (Options Clearing Corporation) – Information Memos
#58790
NewsApr 17, 2026

#58790

On May 1, 2026 Farmer Bros. Co. shareholders will vote on a merger with BP I Brew Merger Sub Inc., a Royal Cup subsidiary. If approved, each FARM share converts into a $1.29 cash payment, or $129 per options contract. The OCC will adjust all FARM options to cash‑settlement and...

By OCC (Options Clearing Corporation) – Information Memos
#58789
NewsApr 17, 2026

#58789

European Wax Center, Inc. (EWCZ) shareholders will vote on May 7, 2026 to approve a merger with a subsidiary of Glow Midco, an affiliate of General Atlantic. If approved, each EWCZ Class A share converts to a right to receive $5.80 in cash,...

By OCC (Options Clearing Corporation) – Information Memos
#58777
NewsApr 15, 2026

#58777

Clearwater Analytics Holdings (CWAN) will hold a shareholder vote on May 6, 2026 to approve a merger with GT Silver BidCo, an affiliate of Permira Investors. If approved, each CWAN Class A share converts into a right to receive $24.55 in cash, translating to $2,455...

By OCC (Options Clearing Corporation) – Information Memos
#58773
NewsApr 15, 2026

#58773

The Options Clearing Corporation (OCC) is applying Rule 807 to accelerate the expiration of equity stock option contracts that have been adjusted for cash‑only delivery, moving their expiry to April 17, 2026. All affected series will adopt a $0.01 exercise‑by‑exception threshold regardless of...

By OCC (Options Clearing Corporation) – Information Memos
#58772
NewsApr 15, 2026

#58772

The Options Clearing Corporation announced a consolidation of ten flex series effective at the opening of business on April 16, 2026. Bloom Energy Corporation’s option will shift from the old symbol 1BE to the new BE C for the November 20, 2026 expiration (series 300). Multiple...

By OCC (Options Clearing Corporation) – Information Memos
#58763
NewsApr 14, 2026

#58763

iShares Russell 1000 Growth ETF (IWF) announced a 4‑for‑1 stock split effective April 29, 2026. The split reduces the share price by a factor of four and changes the ETF’s deliverable to 100 shares per options contract. OCC will adjust all IWF options on...

By OCC (Options Clearing Corporation) – Information Memos
#58762
NewsApr 14, 2026

#58762

iShares Core High Dividend ETF (HDV) announced a 5‑for‑1 stock split effective April 29, 2026. The split will increase the share count fivefold while proportionally reducing the price per share. OCC will adjust all HDV options on the ex‑date, changing the contract...

By OCC (Options Clearing Corporation) – Information Memos
#58761
NewsApr 14, 2026

#58761

The Options Clearing Corporation (OCC) announced that BBBY2 options will now settle with a deliverable of 19 Bed Bath & Beyond (BBBY) shares plus a cash‑in‑lieu amount of $4.33 per contract. The cash portion, based on a $4.66 per‑share price,...

By OCC (Options Clearing Corporation) – Information Memos
#58759
NewsApr 14, 2026

#58759

Monroe Capital Corporation (MRCC) announced that its listed options will be adjusted following the anticipated merger with Horizon Technology Finance Corporation (HRZN). Effective the first business day after the merger, the option symbol changes to HRZN1 and the contract multiplier...

By OCC (Options Clearing Corporation) – Information Memos
#58757
NewsApr 13, 2026

#58757

The Options Clearing Corporation (OCC) announced that Coterra Energy (CTRA) options will be adjusted to new symbols DVN1 and 2DVN1 once the proposed merger with Devon Energy (DVN) closes, expected in Q2 2026. The adjustment changes the contract multiplier from 1...

By OCC (Options Clearing Corporation) – Information Memos
#58756
NewsApr 13, 2026

#58756

The Options Clearing Corporation (OCC) announced a flex position consolidation for NextNav Inc., changing the option symbol from 1NN to NN. The adjustment applies to the P‑series option expiring on April 24, 2026 with a $10.50 strike. The change becomes effective at...

By OCC (Options Clearing Corporation) – Information Memos
#58755
NewsApr 10, 2026

#58755

Effective April 10, 2026 the NSCC will no longer accept exercise or assignment activity for Cenntro Inc. (CENN) options, prompting the Options Clearing Corporation (OCC) to shift all such transactions to a broker‑to‑broker settlement model. The underlying deliverable stays 100 CENN shares...

By OCC (Options Clearing Corporation) – Information Memos
#58754
NewsApr 10, 2026

#58754

Vistance Networks, Inc. announced a special cash dividend of $10 per common share, with a record date of April 17, payable on April 27, and an ex‑distribution date of April 28, 2026. The OCC will adjust the company’s listed options, changing the symbol...

By OCC (Options Clearing Corporation) – Information Memos
#58753
NewsApr 10, 2026

#58753

Futu Holdings Limited announced a non‑ordinary cash dividend of $2.55 per American Depositary Share, payable on April 29, 2026, with a record date of April 16, 2026. The dividend is net of a $0.05 fee, making the gross amount $2.60. Concurrently, the Options Clearing...

By OCC (Options Clearing Corporation) – Information Memos
#58752
NewsApr 10, 2026

#58752

On April 1, 2026 the OCC adjusted Aptiv PLC (APTV) options to reflect a corporate event involving Versigent PLC (VGNT). Each APTV1/2APTV1 contract now delivers 100 APTV shares, 33 VGNT shares, and a cash‑in‑lie payment of $9.09 per contract, calculated using a...

By OCC (Options Clearing Corporation) – Information Memos
#58750
NewsApr 10, 2026

#58750

On March 27, 2026 the OCC adjusted the SABESP (SBS) options, creating the SBS2 contract that delivers 100 American Depositary Shares plus a cash‑in‑lieu payment of $4.51 per contract. The cash amount is derived from a $27.99993 per‑share price applied to the...

By OCC (Options Clearing Corporation) – Information Memos
#58749
NewsApr 10, 2026

#58749

Peakstone Realty Trust (PKST) shareholders will vote on April 29, 2026 to approve a merger with affiliates of Brookfield Asset Management. If approved, each PKST share converts to a right to receive $21.00 net cash, translating to $2,100 per standard option contract....

By OCC (Options Clearing Corporation) – Information Memos
#58748
NewsApr 9, 2026

#58748

Effective April 9, 2026, the National Securities Clearing Corporation will no longer accept FirstSun Capital Bancorp (FSUN) shares for settlement. Consequently, the FSUN component of FSUN1 options will settle on a broker‑to‑broker basis, with the contract deliverable remaining 16 shares plus cash...

By OCC (Options Clearing Corporation) – Information Memos
#58746
NewsApr 9, 2026

#58746

Cenntro Inc. announced a 1‑for‑60 reverse stock split, changing its ticker to CENN1 effective April 13, 2026. Each existing share will be converted into approximately 0.016667 of a new share, with fractional shares rounded up to the next whole share. The Options...

By OCC (Options Clearing Corporation) – Information Memos
#58745
NewsApr 9, 2026

#58745

Quince Therapeutics announced a 1‑for‑10 reverse stock split effective before the market opens on April 13, 2026. Each ten pre‑split shares will be consolidated into one new share, changing the ticker for options and futures to QNCX1. The split adjusts contract specifications,...

By OCC (Options Clearing Corporation) – Information Memos
#58744
NewsApr 9, 2026

#58744

Merck Sharp & Dohme LLC, via its subsidiary Thailand Merger Sub, Inc., has announced a tender offer to acquire all outstanding Terns Pharmaceuticals, Inc. common shares at $53.00 per share in cash. The offer remains open until one minute after...

By OCC (Options Clearing Corporation) – Information Memos
#58742
NewsApr 9, 2026

#58742

Sealed Air Corporation completed a merger with a subsidiary of Sword Purchaser on April 9, 2026, converting each SEE share into a $42.15 cash payment. The OCC adjusted all SEE options to cash settlement, setting the contract deliverable at $4,215 per 100‑share...

By OCC (Options Clearing Corporation) – Information Memos
#58741
NewsApr 8, 2026

#58741

Captivision Inc. will transition its trading and option symbols from CAPT to CPTAF effective April 9, 2026 as the company lists on an over‑the‑counter market. The underlying security ticker changes concurrently, but strike prices and other option terms remain unchanged. The contract...

By OCC (Options Clearing Corporation) – Information Memos
#58740
NewsApr 8, 2026

#58740

Sound Group Inc. (SOGP) announced a special cash dividend of $1.17 per American Depositary Share, with a record date of April 22, 2026 and payable on May 12, 2026. The OCC will adjust related options and futures contracts by reducing strike prices by $1.17...

By OCC (Options Clearing Corporation) – Information Memos
#58736
NewsApr 8, 2026

#58736

Fomento Económico Mexicano (FMX) announced an extraordinary cash dividend of $1.12917 per American Depositary Share, with a record and ex‑distribution date of April 22, 2026 and payable on May 4, 2026. The OCC will adjust related options, changing the symbol to FMX4 and applying...

By OCC (Options Clearing Corporation) – Information Memos
#58735
NewsApr 8, 2026

#58735

Masimo Corporation shareholders will vote on May 1, 2026 to approve a merger with Danaher’s Mobius Merger Sub. If approved, each MASI share converts to a right to receive $180 cash, creating an $18,000 cash deliverable per standard option contract. The OCC...

By OCC (Options Clearing Corporation) – Information Memos
#58734
NewsApr 8, 2026

#58734

On April 1, 2026 the Board of Trustees of ETF Opportunities Trust announced the closure and liquidation of the REX Bitcoin Corporate Treasury Convertible Bond ETF (ticker BMAX). Trading will cease on April 13, 2026 and the fund will be liquidated by...

By OCC (Options Clearing Corporation) – Information Memos
#58733
NewsApr 8, 2026

#58733

The Board of Trustees of ETF Opportunities Trust announced the liquidation of the Tuttle Capital MSTR 0DTE Covered Call ETF (ticker MSTK). Trading will cease on the Cboe BZX Exchange on April 14, 2026, with a final liquidation distribution scheduled for April 22, 2026....

By OCC (Options Clearing Corporation) – Information Memos
#58721
NewsApr 6, 2026

#58721

Anaptys Biosciences (ANAB) announced a 1‑for‑1 distribution of First Tracks Biotherapeutics (TRAX) common shares, effective April 20, 2026. Existing ANAB options are being re‑symbolized to ANAB1, with each contract now delivering 100 ANAB shares and 100 TRAX shares. The underlying price for...

By OCC (Options Clearing Corporation) – Information Memos
#58720
NewsApr 6, 2026

#58720

Calavo Growers (CVGW) is set to merge with Mission Produce (AVO), triggering an options contract adjustment effective in Q3 2026. The new option symbol AVO1 will replace CVGW, with the contract multiplier expanding from 1 to 100 shares. Each CVGW share...

By OCC (Options Clearing Corporation) – Information Memos
#58719
NewsApr 6, 2026

#58719

The Options Clearing Corporation (OCC) announced that the SPAC and New Issue ETF, previously trading under the ticker SPCX, will adopt the new symbol SPCK on April 7, 2026. Symbol changes are routine when issuers rebrand or restructure, but they require precise...

By OCC (Options Clearing Corporation) – Information Memos
#58710
NewsApr 2, 2026

#58710

ZIM Integrated Shipping Services Ltd. will hold a shareholder vote on April 30, 2026 to approve a merger with Norazia (Israel) Ltd., a subsidiary of Hapag‑Lloyd AG. If the deal closes, each ZIM ordinary share converts into a $35.00 net cash payment,...

By OCC (Options Clearing Corporation) – Information Memos
#58706
NewsApr 2, 2026

#58706

The Options Clearing Corporation (OCC) has removed automatic‑exercise thresholds for options on Central Puerto S.A. (CEPU) and Matrix IT Ltd (MGIC) because trading in the underlying securities is halted and the cash value of the deliverables is uncertain. This removal applies to all...

By OCC (Options Clearing Corporation) – Information Memos
#58705
NewsApr 2, 2026

#58705

NovaBay Pharmaceuticals Inc. will rebrand as Stablecoin Development Corporation (SDEV) effective April 6, 2026, with its ticker changing from NBY to SDEV. Correspondingly, the listed option symbol NBY1 will be replaced by SDEV1 at market open on the same date. All existing...

By OCC (Options Clearing Corporation) – Information Memos
#58704
NewsApr 2, 2026

#58704

On April 2, 2026, OCC announced special pricing for the adjusted FUBO1 options, which deliver eight FuboTV Class A shares and cash in lieu of roughly one‑third of a share. Because the exchange agent has not set a cash‑in‑lieu price, OCC will calculate...

By OCC (Options Clearing Corporation) – Information Memos
#58702
NewsApr 1, 2026

#58702

Effective March 24, 2026, Lands' End (LE) options exercise and assignment activity transitioned to Continuous Net Settlement (CNS) through the National Securities Clearing Corporation, ending broker‑to‑broker settlement for trades executed on or after April 1, 2026. The deliverable remains 100 LE common shares per...

By OCC (Options Clearing Corporation) – Information Memos
#58695
NewsApr 1, 2026

#58695

The Options Clearing Corporation announced that on April 2, 2026 it will consolidate three flex‑option series. The iShares Russell 2000 ETF (1IWM) will become IWM P, the Invesco QQQ Trust (1QQQ) will become QQQ P, and the S&P 500 Index contract (4SPX) will shift to SPXW C....

By OCC (Options Clearing Corporation) – Information Memos
#58692
NewsApr 1, 2026

#58692

ON24, Inc. shareholders approved a merger with Summit Sub Corporation, a Cvent subsidiary, on March 26, 2026, and the deal closed on April 1. The transaction converts each ONTF share into a cash payment of $8.10, equivalent to $810 per standard option...

By OCC (Options Clearing Corporation) – Information Memos
#58690
NewsMar 31, 2026

#58690

Effective March 31, 2026, Great Lakes Dredge & Dock Corporation (GLDD) options will settle through the National Securities Clearing Corporation’s Continuous Net Settlement (CNS) system, ending broker‑to‑broker settlement for new exercise and assignment activity. The underlying deliverable remains 100 GLDD common shares....

By OCC (Options Clearing Corporation) – Information Memos
#58689
NewsMar 31, 2026

#58689

Effective March 30, 2026, the Morgan Stanley China A Share Fund (CAF) options will transition from broker‑to‑broker settlement to Continuous Net Settlement (CNS) via the National Securities Clearing Corporation (NSCC). This change eliminates the need for bilateral clearing for all exercise and...

By OCC (Options Clearing Corporation) – Information Memos
#58687
NewsMar 31, 2026

#58687

Hello Group Inc. (ticker MOMO) announced a special cash dividend of $0.26 per American Depositary Share, payable on April 30, 2026 with a record date of April 10. The gross dividend is $0.28 less a $0.02 depositary fee. The Options...

By OCC (Options Clearing Corporation) – Information Memos