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 old symbol 1QQQ to the new symbol QQQ. This change is set to take place at the start of business on July 2, 2024. The specific series affected by this consolidation is the P 6/30/2025 430. The OCC has issued a disclaimer advising investors to independently verify the information related to the corporate event, as the summary provided may not be comprehensive or accurate for investment decisions. Adjustments to options and futures are determined by the OCC on a case-by-case basis, subject to change based on new information or changes to the terms of the corporate event.