When can i quit my current job if I’m on change of status from OPT to H1B? Do I have to wait till after 10/1?

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Definitely wait until 10/1 for h1b visa to activate and additionally stay until you obtain 3 pay checks ... this is what I would do

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If your visa transfer application is approved, you can switch say right now... you can switch job on Opt and from 10/1 you will be on H1status with new firm

Second p2. You lose the h1 if you move before oct 1st. May not need 3 paychecks, might be able to make it work after just 1, but depends on the next company’s legal team and their experience/ opinion

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