Originally Posted by
LandGreen2
I have looked everywhere on Fidelity site for a form that gives us permission to sell covered calls and cash secured puts in our 401k. Can’t find it and was on phone for 45 min today waiting for a rep until I had to punt. Anybody have gouge on the best way to allow option trading through our Brokeragelink? Thanks
You can’t trade options in your 401K BrokerageLink.
You can double check me if you want... let me know if you see something different. In the NetBenefits app, select your brokeragelink account (this basically takes you to the webpage version, so you can just do this from the web if easier). One of the banner links on the top is “Investment Products.” Under that link, select “Options”. Select the orange button that says “Apply to trade options.” On that screen it says that my BrokerageLink account is ineligible for options. This checks with the list of eligible account types (401Ks are not listed as eligible).