Can You Sell Covered Calls From a Fidelity 401k Account?

by

Someone asks:

Can you sell covered calls from a Fidelity 401k account? I have a few stocks I have been holding onto and think I could do a bit better with them if I could sell call options, but my account isn’t set up for it.

covered-calls-fidelity-video

Answers:

Daniel W:

I sell covered calls in my Roth IRA but not sure about the 401K. You should call fidelity and see if you can get options approved for your 401K.

Todd A:

Depends on what your employer allows. I’m allowed to self direct my holdings through Schwab but not allowed to trade options.

1 post – 1 participant

Related posts:

  1. Top 10 Facts About Fidelity 500 Index Fund (FXAIX)
  2. SCHD vs. VYM: Which Is the Best High Dividend ETF?
  3. FZROX vs SWTSX: What’s the Difference?
  4. FTIHX Review: Everything you need to know
  5. Fidelity “Cash Available to Trade” Explained

Hi! I'm Diego, 38, and I currently reside in New York. I work as a financial analyst. I primarily focus on initiatives involving research and data analysis.

Leave a Comment