Listing Alert
MIAX Pearl
November 28, 2025 | 11:00 AM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Option Classes (TSLY) and (ULTY)
YieldMax TSLA Option Income Strategy ETF (TSLY) and YieldMax Ultra Option Income Strategy ETF (ULTY) have announced reverse splits effective for Monday, December 1, 2025. On this date, the current TSLY option class will change to TSLY1 and ULTY will change to ULTY1. The MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange will not list TSLY1 or ULTY1 options. Therefore, no options on TSLY or ULTY will be available for trading on Monday December 1, 2025.
Option classes TSLY and ULTY will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Tuesday, December 2, 2025.
All GTC orders resting on the MIAX order books in TSLY and ULTY will be canceled at the close of business on Friday, November 28, 2025.
Additional details about the TSLY and ULTY splits are provided in the attached OCC Memos.
Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.