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Listing Alert

MIAX Sapphire

October 20, 2025 | 11:48 AM

MIAX Exchange Group - Options Markets - Corporate Action Alert: Select Tradr ETFs

The following ETF's have announced reverse stock splits effective for Tuesday, October 21, 2025.  On that date, the current option classes will change to the following:

  • Tradr 1.5X Short NVDA Daily ETF (NVDS) changes to (NVDS2)
  • Tradr 2X Short TSLA Daily ETF (TSLQ) changes to (TSLQ1)
The MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange will not list the above adjusted options. Therefore, no options on NVDS and TSLQ will be available for trading on Tuesday, October 21, 2025.

NVDS and TSLQ will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Wednesday, October 22, 2025.

All GTC orders resting on the MIAX order books in NVDS and TSLQ will be canceled at the close of business on Monday, October 20, 2025.

Additional details about the above reverse stock splits are provided in the attached OCC Memos.

Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.