How to start trading options
As you consider trading options, use the resources here to help you understand the application process and review answers to frequently asked questions to get started.
Things to know before you apply
Apply online
If you have an account, you can apply onlineLog In Required. Please be ready to provide the following:
- Yearly income
- Trading experience
- Net worth and liquid net worth
Apply by mail
- Download, print, and complete the Options Application (PDF)
- Once you have filled out the appropriate forms, please send to:
Fidelity Investments
PO Box 770001
Cincinnati, OH 45277-0002
Approval time
We'll let you know which options level you're approved to trade—either by email in 1 to 2 days or by US Mail generally within 3 to 5 days—based on your delivery preferences. Or call us after 48 hours at 800-343-3548, and we can provide you with your approval information. You can also check the status of your application online.
Frequently asked questions
Learn more about options
While options can offer diversification in your portfolio, they’re not appropriate for everyone as they can carry substantial risk. Visit our Learning Center to increase your options knowledge with guided education, including on-demand webinars, for every experience level.