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.
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.
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