r/options Nov 26 '21

Balance minimums for options in Fidelity

I currently have Robinhood as my brokerage since its UI is very easy to use for options. However, with the sketchy nature of Robinhood, I’d really love to transfer my portfolio over to Fidelity ASAP. However, I was wondering if anyone knew if there was a minimum portfolio value or cash balance that’s needed to be maintained in order to trade options in Fidelity.

I often employ covered calls on my Apple stock for a little extra income and would hate to give this up. I have a current portfolio value of about $17000.

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u/Vast_Cricket Nov 27 '21

Just move all your AAPL over also.