Options Trading Approval Fidelity
Not all strategies are suitable for all investors.
Options trading approval fidelity. I am moving my account to scottrrade where i ve already been approved for options trading. Sell orders are subject to an activity assessment fee from 0 01 to 0 03 per 1 000 of principal. Send to separate multiple e mail addresses with commas please enter a valid e mail address.
Options trading is a specialized form of stock trading. Options trading entails significant risk and is not appropriate for all investors. As soon as we show you how to get approved for options trading by your broker you ll be buying selling and exercising options in no time.
What are the different levels of option trading available at fidelity. Access fidelity s 5 step guide to options research. I literally just left fidelity for this reason.
Note that this is for my roth ira account so i couldn t apply for margin or writing options aside from covered calls. There are five levels of options trading approval and the approval requirements are greater for each additional level since there s more risk for you and fidelity. Unless options trading is specifically permitted in the corporate resolution you pr ovided when you opened your account you need to provide a new resolution containing options trading authorization.
Sam shore joined fidelity in 2010 to provide trading support for fidelity s clients. My roommate who has no experience trading options was also approved. Getting started trading options is easier than you think.
Supporting documentation for any claims if applicable will be furnished upon request. Certain complex options strategies carry additional risk. Different prices my charts are not the same as my brokers.
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