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Invesco QQQ Trust: Invesco QQQ Trust - Flex Position Consolidation Option Symbol: 1QQQ

OCC ·  Apr 2, 2024 01:50

Summary by Moomoo AI

The Options Clearing Corporation (OCC) has announced that it will consolidate certain flex series of the Invesco QQQ Trust, transitioning from the symbol 1QQQ to QQQ. This change is set to take effect at the start of business on April 2, 2024. Specifically, the series P 3/31/2025 400 will undergo this symbol consolidation. The OCC has issued this information as a convenience for market participants but does not take responsibility for its accuracy or completeness, especially in regards to investment decisions. Adjustments to options and futures are made on a case-by-case basis, in line with OCC's By-Laws, and may change as new information becomes available or if there are significant changes to the terms of the corporate event prompting the adjustment.
The Options Clearing Corporation (OCC) has announced that it will consolidate certain flex series of the Invesco QQQ Trust, transitioning from the symbol 1QQQ to QQQ. This change is set to take effect at the start of business on April 2, 2024. Specifically, the series P 3/31/2025 400 will undergo this symbol consolidation. The OCC has issued this information as a convenience for market participants but does not take responsibility for its accuracy or completeness, especially in regards to investment decisions. Adjustments to options and futures are made on a case-by-case basis, in line with OCC's By-Laws, and may change as new information becomes available or if there are significant changes to the terms of the corporate event prompting the adjustment.
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