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Listing Alert

MIAX Options

October 28, 2025 | 11:51 AM

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

The following ETFs have announced reverse stock splits effective for Wednesday, October 29, 2025.  On that date, the current option classes will change to the following:

  • T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) changes to (NVDQ1)
  • T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) changes to (TSLZ1)
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 NVDQ and TSLZ will be available for trading on Wednesday, October 29, 2025.

NVDQ and TSLZ will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Thursday, October 30, 2025.

All GTC orders resting on the MIAX order books in NVDQ and TSLZ will be canceled at the close of business on Tuesday, October 28, 2025.

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

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