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Strategies & Market Trends : Roger's 1998 Short Picks

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To: gringodoc who wrote (9647)6/19/1998 2:31:00 AM
From: BDR  Read Replies (1) of 18691
 
<< I have a long-standing Spartan account with Fidelity.

Fidelity WILL allow you to trade naked options. >>

I e-mailed Fidelity and was told that my account was already qualified for Level 4 (of 5) option trading and that includes selling naked options. When I stopped by the local Fidelity office this week they told me, after some digging, that I could sell naked options but had to call and talk to a broker in person. I can't do it at their Website, with FOX or with their Tele-Trade or whatever it is that they call their automated telephone quote and trade system. Have you been able to trade online? I really don't feel the need for some Fidelity flunkie to hold my hand on this.
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