Someone asks:
Why can’t I trade the SPY option? I got this error message:
(100963) Fidelity restricts certain opening option transactions to prevent exercise and assignment risk. Opening orders for options that expire that day are not acc…
Someone asks:
I got a phone call this morning from 800-544-5315. Someone claimed to be with Fidelity Investments. They left a voicemail saying there is an issue with my brokerage account. I was asked to call back to get the issue resolved…
Non-margin buying power in a Fidelity account represents the amount of buying power a customer has in their margin account after accounting for any outstanding margin loans and collateral positions.
The amount is calculated by subtracting …
Someone asks:
Can anyone tell me the actual requirements for applying for level 2 options (or whichever one selling puts falls under in Fidelity)?
I am currently selling covered calls and am more or less content, but I would like to start…
There are several ways to secure your Fidelity account login. The first is to have a strong password. Second, if you have the Fidelity app, you can enable Touch ID or Face ID. Lastly, to add one extra step to make your Fidelity account sec…
A trailing stop-loss order is an order to sell a security when it falls below a certain price. This order type is intended to “trail” the price of the security.
When you have a long or short position in a stock or option, you can use a tra…
Someone asks:
A few days ago, I received a phone call from 603-864-6488. The caller ID shows Fidelity Invest. I wonder if this is a scam or someone from Fidelity trying to reach me through my number?
First of all, you shouldn’t share you…