Summary by Futu AI
The Options Clearing Corporation (OCC) has announced that it will consolidate certain flex series of the Invesco QQQ Trust, changing the option symbol from 1QQQ to QQQ. This change will take effect at the opening of business on September 10, 2024. Specifically, the series affected are the P 9/20/2024 441 and C 9/20/2024 441. The OCC has issued a disclaimer stating that while they provide a summary of corporate events for market participants' convenience, they do not take responsibility for the summary's accuracy or completeness, especially in terms of investment decisions. Investors are advised to independently verify all information regarding the corporate event. Adjustments to options and futures are made on a case-by-case basis and are subject to change with new information or changes in the corporate event terms.