Hello, u/OnwardExplorer . I'm happy you found us. Thank you for stopping by the subreddit for the first time! You'll first need to complete an options application and get approval on your eligible account(s) to trade options. You can use the link below to review our offer and FAQs. If you're ready to apply, click the "Start trading options" button and choose "Apply for options." Options Trading Options approval decisions are based on your trading experience (including experience trading stocks/ETFs, mutual funds, bonds, etc.), financial situation, and investment objective. When your application is reviewed, you will receive a notification indicating what level you have been approved for. We will approve you for the highest level you are eligible for, up to the level you requested. While we cannot share specific details as to what will qualify you, you are welcome to reapply as you gain additional trading experience and your financial situation changes. Please note that although we allow clients to reapply as their circumstances change, options applications may be subject to a cooldown period if you've applied frequently in a short time window. We offer three different options trading tiers. Let's take a quick look into each: Tier 1: Sell covered calls, buy writes, buy calls and puts, sell cash-covered puts Tier 2: Spreads, sell short stock secured puts Tier 3: Sell uncovered calls/puts on equities and indices. You can learn more about Option tiers using the link below. Trading FAQs: Margin Please let us know if you have additional questions so we can review this further. I appreciate you trading with Fidelity! Options trading entails significant risk and is not appropriate for all investors. Specific 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. More on reddit.com

Hi, u/PatrickTech75 . Welcome to the community! Thanks for considering Fidelity for your trading needs. It looks like you're seeking member insight, so I'll mark this post as a discussion. While I'm here, allow me to highlight some helpful information. First, Fidelity is committed to obtaining the most favorable trade execution for our customers. You can learn more about this commitment below: Commitment to execution quality  Options trading at Fidelity is subject to approval. You can use the link below to review our offer and FAQs. If you're ready to apply, click the "Start trading options" button and choose "Apply for options." Options Trading  Additionally, since you mentioned day trading, there are some additional items to cover. Clients will receive a Pattern Day Trader (PDT) designation after placing 4-day trades in type-margin within a 5 business day period or if you have 2 unmet day trade calls within 90 days in a margin-enabled account. Clients classified as PDT must maintain a minimum account equity of $25,000 in order to continue trading with margin. Accounts classified as PDT that fall below the required $25,000 start-of-day account value are placed in a minimum equity day trade call and must place trades in type-cash using cash buying power. Clients have five business days to meet the minimum equity call by depositing cash or increasing regulatory net worth value to meet the $25,000 minimum. Failing to meet the minimum equity requirement may result in reduced or restricted buying power in the account. This restriction, requiring trades to be placed in type cash, will remain on the account for 90 calendar days. Day Trading  Trading Margin FAQs  Finally, for anyone following along who may want to see how we stand out from the competition (from our tools, technology, and security), feel free to check out the link below: Why Fidelity?  Thanks again for finding us on the sub. Feel free to throw any additional questions or topics our way! 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. More on reddit.com

What most brokerage firms will look for is a combination of the following: Income Net worth and liquid net worth Risk tolerance Years of trading experience Possibly age and number of dependents The brokerage firm will then decide what option permissions to grant you. Some brokerage firms are obviously more conservative than others. More on reddit.com

You should be fine. Make sure your investment objective answers Are as aggressive as possible and there’ll be some questions in the brief options application about how long, how many, and average trade size. With what you’ve explained, L2 should be no problem. No classes and no need to speak with a rep. More on reddit.com