Thread: Side Hustle
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Old 12-30-2020 | 08:15 PM
  #560  
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Originally Posted by Jiggawatt
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).
I wrote 2 covered call contracts in my Brokeragelink account this morning. You just have to apply for options trading. Sorry, I don’t have the link or know who to call. Start with the Delta Service Center at Fidelity and follow the trail from there.
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