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Bank of America: Bank of America Corporation - Flex Position Consolidations Option Symbol: 1BAC

The Options Clearing Corporation ·  Jan 17 02:59
Summary by Futu AI
The Options Clearing Corporation (OCC) has announced the consolidation of certain flex series options for Bank of America Corporation. The change will see the options symbol transition from 1BAC to BAC. This adjustment will be effective at the start of business on January 17, 2024. The specific series affected by this consolidation are the Put and Call options with an expiration date of June 21, 2024, and a strike price of 33. The OCC has issued a disclaimer stating that the information provided in the memo is for convenience and should not be solely relied upon for investment decisions. Clearing members have been instructed to disseminate this information to all branches and correspondents promptly.
The Options Clearing Corporation (OCC) has announced the consolidation of certain flex series options for Bank of America Corporation. The change will see the options symbol transition from 1BAC to BAC. This adjustment will be effective at the start of business on January 17, 2024. The specific series affected by this consolidation are the Put and Call options with an expiration date of June 21, 2024, and a strike price of 33. The OCC has issued a disclaimer stating that the information provided in the memo is for convenience and should not be solely relied upon for investment decisions. Clearing members have been instructed to disseminate this information to all branches and correspondents promptly.
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