Main Problem: The user wants to know if they can buy a Naked PUT with a strike price of 100 and execute it if the stock drops to 80, allowing them to purchase shares at 80 and sell them for 100. Solution: The user can proceed if they are approved for the required options tier…
Here’s a summary of the main problem and solutions discussed in the conversation: Main Problem: The user, Linh, is seeking advice on which stocks, ETFs, or mutual funds to invest in for their newly opened Roth IRA account. Solution 1: Fidelity suggests that there is no one-size-fits-all strategy for investing and recommends using various resources…
Main Problem: The user, Cheese, is concerned about a drastic change in cost basis (CB) displayed in ActiveTrader Pro after selling 5 contracts with the highest CB and is seeking clarification on whether this is a glitch or a regulatory issue. Solution: Fidelity’s representative, Shea, explains that the change may relate to wash sale rules,…
Here’s a summary of the main problem and solutions discussed: Main Problem: The user is unable to dismiss a message about purchasing real-time quotes on the Fidelity iOS app, as the “dismiss” button is positioned too far down on the screen. First Solution: Fidelity suggested uninstalling and reinstalling the app to ensure the user has…
Summary: The user is seeking assistance regarding available promotions and eligibility for additional offers at Fidelity. Fidelity provides a link to current special offers for users to review. Users may discuss their specific transfer offers by contacting the Investment Solutions Team, available Monday to Friday from 7:00 a.m. to midnight ET and weekends from 8:00…
Here’s a summary of the main issue and solutions discussed: Main Problem: User reported that no AMC options were visible on both the Mobile App and Active Trader Pro. Solution: Fidelity acknowledged the issue, confirming that some customers experienced problems with options market data and trading on July 31, but stated that the issue has…
Summary: The main problem reported by the user is the inability to withdraw funds from their Roth IRA, as they see that there is $0 available to withdraw. The solution discussed includes checking if recent deposits are still collecting, as it may take 2 to 6 business days for funds to become available for withdrawal….
Summary of the user report: Main Problem: The user, Cheese, is experiencing an issue with a login button that has an unexpected element appearing when accessed. Request for Clarification: FidelitySean encourages Cheese to provide more details about the issue to assist in resolving it. Here’s the full thread Cheese 08/08/2023 at 06:30:32 PDT Why is…
Summary of User’s Concerns and Solutions: Main Problem: The user, Hanuman, is seeking clarification on the tax lot selection algorithm used when selling shares from a basket in Solo Fidfolios, as well as whether this algorithm can be configured. Solution Provided: Fidelity’s default disposal method for Solo Fidfolios is First-In-First-Out (FIFO), but users can change…
Summary: The main problem reported by the user, Cheez, is a desire to understand the nuances of ETFs, including risks associated with managing firms, oversight, and how dividends work. FidelityMichaela responded by offering access to a variety of resources on ETFs available in the Fidelity learning center. Links to additional articles were provided that discuss…
Summary of User’s Problem and Solutions: The user expressed frustration over the absence of a stop order type for spread options, noting that other brokers offer this feature. A representative from Fidelity explained that multi-leg options are not eligible for conditional orders, including stops or trailing stops. The representative assured the user that their interest…
Here’s a summary of the main issue raised and the solutions discussed: Main Problem: The user, Bread, is seeking guidance on how to plan for their high school career and prepare for college. Solutions Offered: Contact Fidelity by phone at (800) 343-3548 for assistance with future planning. Visit jobs.fidelity.com for career or internship opportunities with…
Here’s a summary of the main problem and the solutions discussed: Main Problem: The user is unsure if contributions made to a Roth IRA are still locked for five years after rolling over funds from a Roth 401(k). Solution: Funds rolled over from a Roth 401(k) to a Roth IRA inherit the timing of the…
Summary of User’s Concern and Solutions: The main problem reported by the user, Jon Jon, is how to quickly deposit $100 in cash from his grandma into a Fidelity account. Fidelity cannot accept physical cash deposits. Alternative deposit methods offered by Fidelity include check deposits, bank transfers, and direct deposits. Further information on deposit methods…
Summary of User’s Issue and Solutions: The user is having trouble linking a checking account to their Roth IRA because the account is not owned by them, resulting in a looping error during the process. Suggested solutions include: Clearing the cache and cookies from the browser and restarting the linking process. Trying to link the…
Here’s a summary of the main problem reported and the solutions discussed: Main Problem: The user inquired whether Fidelity plans to offer Zelle or a similar peer-to-peer cash transfer app. Current Solutions Provided: Fidelity currently offers alternatives for sending and receiving money, including PayPal, Venmo, Cash App, and Apple Pay. Feedback Submission: Fidelity acknowledged the…
Here’s a summary of the main problem and solutions discussed in the conversation: Main Problem: The user is inquiring about the time it takes for mobile deposits to clear for their Cash Management Account and Fidelity Brokerage Account. Solution: Mobile check deposits and Electronic Funds Transfers (EFTs) can take 2-6 business days to fully collect….
Here’s a summary of the main problem and the solutions discussed: Main Problem: The user, AverageBusinessMan, inquired whether margin trading is permitted for youth accounts. Solution: Fidelity confirmed that margin trading is not allowed for youth accounts. Additional Information: Youth accounts permit trading of certain publicly traded securities, excluding margin, penny stocks, leveraged or inverse…
Here’s a summary of the main problem and solutions discussed: Main Problem: The user, Cheese, is noticing discrepancies in the Account Portfolio Total across different platforms. Suggested Solution: FidelityMarian advised the user to contact customer support for a representative to review the account totals. Here’s the full thread Cheese 08/21/2023 at 06:10:03 PDT I am…
Summary of User’s Issue and Solutions: The main problem reported by the user, MikefromBefore, was that he could not log into his account due to incorrect credentials, despite confirming that his account exists and is accessible from the Fidelity site. Mike used the “Forgot UN” option, but the system could not locate his account. Fidelity’s…