Fidelity Systems Examples

Communications Center

This page was last updated: February 12, 2011

Go to Research and Click on it and then click on options.

Click on the expiration date you want to review. Nov 17, 2010
NOTE: There is an issue with the Evaluation Point. You must have a value great then 0 but less then the expiration date. Otherwise, it will not work on your home computer. Does not work on IPAD at this time.

Chose all calls to see everything. You can also select below or above, etc..

The default is $10,000 purchase. You will need to adjust if stock is over $100.00. Like Apple is over $300 so set it for $40,000.

Ranks the best actual percentage to lowest. They call it Static.
Sometimes it doesn't sort right and you can click on the top label and it will rank it. These are actual % and not per annums. Also shows assigned % achieved and other data.

IF you want to do a buy/write just click on the ASK price and it brings up the multi leg window..next

The Multi-Leg transaction window will come up. You enter the number of shares you want to purchase and 1 call option per 100 shares.

Click Refresh. After the net number comes up click Preview Order.

The details on buying the stock and on the call to open are shown. Be sure it is what you want to do and then click on Place Order.

Note; Don't take too long as the net price is subject to change which could slow down the transaction.

Finding Call Premiums and Executing a Buy/Write Using the Fidelity Systems

I am not recommending Fidelity but since I use them and several of my

farmer friends also use them I thought it would be helpful to walk you through how to find the covered call premiums and how to do a buy/write

multi-leg purchase if you have a Fidelity account.

There are many other good brokers who provide the same services and you

will need to work with their systems to provide the same results if you are using someone else.

You can either put your cursor over the picture and an explanation will show or

for best results click on the first picture and it will bring up a larger picture.

Then click on Next at the top and it will take you through each picture and recircle back at the end.

Look at the bottom of the picture for my comments about the page.

PLEASE NOTE: As of November 17, 2010 there is an issue with the

Strategy Evaluator. It will not work on your PC if the Evaluation Point is set to 0 so please make sure it is greater then 0 but less then the expiration time.

Also, It is not working on our IPAD's because the IPAD defaults the

Evaluation Point to 0 and will not let us change it. Unfortunately, we

have been unable to get this information on the IPAD. We have contacted Fidelity and hopefully they can fix the problem. If you have an issue please call your Fidelity representatives and let them know your issue.

Please Note: This is not a recommendation for BIDU but as an example to show you how to find

the premium % and do a buy/write. I do not provide any stock recommendations on my website but if any stocks are shown solely for examples.

The Covered Calls Farm

(coveredcallsfarm.com,

Coveredcallsclub.com &

Wesellcalls.com)

Planting and Harvesting Covered Calls for Fun and Profit using a Farming Strategy

Fidelity Systems Examples

Find Call Premiums and executing a

Buy/Write using the Fidelity Systems