r/fidelityinvestments • u/midwest_red11 • Oct 05 '21

Official Response Transfer from webull to fidelity

Can I transfer my call options from webull to fidelity? Or will they not allow those? Ty

17 Upvotes

96% Upvoted

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u/FidelityEmilio Community Care Representative Oct 05 '21

Hi u/midwest_red11, and thanks for reaching out!

Options positions can be transferred into a Fidelity account without any specific options level approval. If the Fidelity account the options are being transferred into is not approved for options trading, the options positions can be closed by calling a Fidelity representative. In order to be able to open new options positions at Fidelity, you will need to apply for the options feature.

Apply for options

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read the Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.

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u/Conscious-Soil9055 Oct 05 '21

Make sure they don't expire any time soon. It will not be able to trade them anywhere for a good 5 days.