U.S. Options

The following ETF has announced a reverse stock split effective for Friday, February 27, 2026:

• Volatility Shares Trust 2x Solana ETF (SOLT) changes to (SOLT1)

SOLT1 will be available for trading on the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Sapphire Options Exchange on Friday, February 27, 2026. SOLT1 will not be available for trading on the MIAX Emerald Options Exchange.

No options on the underlying SOLT will be available for trading on Friday, February 27, 2026.

All GTC orders resting on the MIAX order books in SOLT will be canceled at the close of business on Thursday, February 26, 2026.

SOLT will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Monday, March 2, 2026.

Please Note:

• SOLT1 options will trade on Cloud 16 on the MIAX Options Exchange, on Cloud 8 on the MIAX Pearl Options Exchange and on Cloud 5 on the MIAX Sapphire Options Exchange.

Market Makers can use the Member Firm Portal (MFP) to manage their option class assignments. 

• SOLT should be used for class assignments in SOLT1 via MFP

All LMM and RMM Option Class Assignments must be entered prior to 6:00 PM ET on the business day immediately preceding the effective date.  All changes made after 6:00 PM ET on a given day will be effective two trading days later.

MIAX Options and MIAX Emerald Primary Lead Market Maker (PLMM) assignments and un-assignments will not be supported via the MFP. 
 
Additional details about the above Volatility Shares Trust 2x Solana ETF (SOLT) reverse split are provided in the attached OCC Memo.

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