Multi-leg options are two or more option transactions, or "legs", bought and/or sold simultaneously in order to achieve a certain investment goal. Learn how to trade multi-leg options on Fidelity's trading platforms and the effect they may have on your investment or trading strategy.
Trading at Fidelity
There are many reasons to choose Fidelity for margin – low rates, powerful tools, convenience, and repayment flexibility. Here you can view commission and margin rates and get more information in our Trading FAQs.
With some of the lowest costs in the industry, trading online with Fidelity means you keep more of your money working for you.
There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, and collars, as compared with a single option trade.
Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options, and call 800-343-3548 to be approved for options trading. Supporting documentation for any claims, if applicable, will be furnished upon request.