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How to trade options on Fidelity

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hi everyone and welcome to today's tip

today I will quickly show you how to buy

a long foot option with a fidelity

account and will explain some of the

basic terminology associated with

options if you are unfamiliar with

options I encourage you to check out my

options tutorial video as a starting

point but as a brief summary options are

a type of derivative contract meaning

they derive their value from some other

underlying security and are most often

used for speculation increasing leverage

and reducing risk or as hedges there are

a few steps you need to go through

before buying an option first you will

need to set up an account with a

brokerage today's demonstration we'll

use fidelity you will then need to fund

your brokerage account with cash the


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