Trading FAQs: Trade Armor®

  • Why should I use Trade Armor®?

    Trade Armor consolidates key information to help you make intelligent trading decisions. It allows you to easily initiate and manage your entry and exit strategies so you can maximize your gains and minimize your losses. By combining common functionalities of trading, along with charts, news, research, and position data, into one easy-to-use tool, effective position management is now right at your fingertips.

  • What information displays on the chart?

    The Trade Armor® chart displays open orders and average position cost in the context of the historical prices of the security. Any open orders on a security supported by Trade Armor will show at the order's limit/stop point on the price slider for the selected symbol. If any orders are out of the current price range in view, an indicator will appear referencing off-screen items. Closely priced orders will group together. For quick management of the order, hover over either of these indicators, or simply change the time frame of the chart to see a larger price range. The 52-week high and low points will also display as orange markers on the chart when applicable. Finally, support levels will display as blue markers and resistance as green markers. Hover over the arrows to display the price points. Support and resistance data is provided by Recognia®*.

    *Recognia® and Fidelity Investments are not affiliated.

  • How do I change the chart time frame?

    A dropdown menu lets you choose multiple chart time frames ranging from intraday to five years of data. In addition, support and resistance data points provided by Recognia®* offer a look at short-, medium-, and long-term thresholds to help inform your trading decisions.

    *Recognia® and Fidelity Investments are not affiliated.

  • How do I change the support and resistance levels?

    A dropdown menu lets you choose from several different support and resistance time frames to provide a look at short-, medium-, and long-term trading thresholds. You may choose support and resistance time frames independent from your chart time and frequency choice. Support and resistance data is provided by Recognia®*.

    *Recognia® and Fidelity Investments are not affiliated.

  • Where can I see my positions for a particular symbol?

    On the Positions tab, Trade Armor® will display critical information on any open position for the selected symbol and account. Gain/Loss data will show for the current day as well as the life of the position. Open positions will also display on the price axis as a $ sign at your average purchase price. Open orders appear on the price axis as blue flags. Select the View All Positions link to see the entire list of positions for the selected account.

  • How do I update the news feed?

    Current news headlines are available for the selected symbol on the News tab. Scroll down through the headlines to load additional news items. Select a headline to access additional details. Note: Headlines proceeded by an "*" do not contain additional story detail; they are headlines only. Select Refresh at the top of the page to update current headlines.

  • What information is available on the Research tab?

    Use the Research tab within the Trade Armor® tool to view the Equity Summary Score*, Earnings, and Dividends for equities; and Basic Facts, Top 5 Holdings, and Distributions for ETFs. Use the StarMine link to learn more about the Equity Summary Score methodology. Use the Show Details links to see additional information, including historical earnings and dividend data.

    *The Equity Summary Score is provided for informational purposes only, does not constitute advice or guidance, and is not an endorsement or recommendation for any particular security or trading strategy. The Equity Summary Score is provided by StarMine, an independent company not affiliated with Fidelity Investments. For more information and details, go to Fidelity.com.

  • How do I place a trade?

    Set exit strategies or entry points using the Trade Armor® visual trade ticket, which can be accessed multiple ways. Selecting the green Trade button in the upper right will load a blank trade ticket from which you can trade equities and ETFs. Simply drag the trade flag to the desired limit price and enter the trade details for quick access to the market. Use the up/down arrows on the order flag to refine order limit prices. A second access point is available by hovering on the price slider and selecting Add Trade. The trade ticket will then prefill with the corresponding price from the slider.

  • How do I place an Option trade?

    On the Options tab, Trade Armor® will display an option chain for a single selected strike price across all the available expirations for that strike. By default, the closest at the money strike will populate in the chain.

    • Use the strike dropdown to change strike prices.
    • Use the C/P dropdown to switch between displaying calls and puts.
    • Use the Weekly toggle to show or hide weekly options.
    • Click any expiration to expand each option contract so you can view additional details, including probabilities,* Delta, and implied volatility.
    • Click Bid or Ask to quickly populate a trade ticket.

    Key upcoming events to be aware of, including earnings and dividend dates, will display between the appropriate expirations on the option chain.

    Open option orders appear as orange flags and will display at the respective strike price on the price axis within Trade Armor. Click on the order flag to edit or cancel.

    If you already know the contract that you want to trade, click the green trade button on the top of Trade Armor and choose Calls & Puts in the Transaction Type dropdown for quick access to the options trading ticket.

    * Probability of finishing above or below strike price is calculated by Convergex, a third party research provider, using expiration date, strike price and 90 day historical volatility. To calculate probability using other inputs, please visit the probability calculator.

  • Where can I see my Option positions?

    On the Positions tab, Trade Armor® will display information for single leg options, as well as options that are paired with stock for the selected symbol and account. Gain/Loss data will show for the current day, as well as the life of the position. Open option positions will also display on the price axis at the strike price of the option position. Hover over the C/P indicator for additional details on your position.

    Note: Some multi-leg option strategies are not supported in Trade Armor. If your account is holding one of these positions you will see a link directing you to the full Option Summary view for access to all of your holdings.

    Quick tip: Click the bid or ask on single leg options from the positions card to quickly close an existing option position.

  • How do I update the market and account data?

    Use the Refresh link at the top of the Trade Armor® page to update quotes, charts, orders, positions, and news.

  • How do I cancel an order?

    To cancel an order, simply hover over the order flag and select the red "X."

  • How do I replace an order?

    Once an order is placed, canceling and replacing is as effortless as selecting the order flag on the slider and dragging to the new desired price for equity/ETF orders. You can also edit other trade details such as quantity or Time in Force (TIF).

  • How do I increase the font size of text on Trade Armor®?

    To increase the font size or zoom in on the page in most popular web browsers, press and hold Ctrl while pressing the "+" button on your keyboard. To decrease the font size or zoom out, press and hold Ctrl while pressing the "-" button. For Mac users, use the Command and "+" or "-" keys instead. You can also adjust the font size using your browser's settings.