You need to apply (request an upgrade). Fidelity won't change this without you asking. Having said that, its not simply a matter of asking. You assets in the account (and total liquid assets) as well as your income are part of Fidelity's review. More on reddit.com

Fidelity only has 3 levels of options trading https://www.fidelity.com/options-trading/faqs More on reddit.com

The https://www.fidelity.com/trading/active-trader-trading-service-levels seems to indicate that the following get TurboTax:

* Active traders who trade 120+ trades per calendar year and has one or more nonretirement account(s).
Certain covered clients: Private Wealth Management (PWM) client and owns one or more nonretirement account(s) or PCG, Premium, and ATS clients with minimum assets of either: PWI assets of $1,000,000 or more and PI assets of at least $500,000 and own one or more nonretirement account or Nonretirement assets $1,000,000 or more. Applies to Federal returns and one state return only. Cost of additional state returns are the responsibility of the client.

Basically it's about the only place I could find for a discount based on tiers (aside from the Stock certificate transfer and ship fee).

As there's not too many fees anymore I bet they're doing away with the tiers so you stay in whatever tier you were when dropped a bunch of the fees otherwise a bunch of people call and ask why the dropped out of "their tier."

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I'm guessing that when you say "SELL" you mean "SELL to CLOSE" as opposed to "SELL to OPEN"? If so, then level 2 is likely what you want. When you apply, you agree that you understand what it enables, what that means, and what the risks are. https://www.fidelity.com/webcontent/ap002390-mlo-content/20.01/help/learn_trading_options.shtml#levels Level 1 Covered call writing of equity options. Level 2 Level 1, plus purchases of calls and puts (equity, index, currency and interest rate index), writing of cash covered puts, and purchases of straddles or combinations (equity, index, currency and interest rate index). Note that customers who are approved to trade option spreads in retirement accounts are considered approved for level 2. Level 3 Levels 1 and 2, plus spreads, covered put writing (selling puts against stock that is held short) and reverse conversions of equity options. Level 4 Levels 1, 2, and 3, plus uncovered (naked) writing of equity options, uncovered writing of straddles or combinations on equities, and convertible hedging. Level 5 Levels 1, 2, 3, and 4, plus uncovered writing of index options, uncovered writing of straddles or combinations on indexes, covered index options, and collars and conversions of index options. More on reddit.com