Overview
Open Lots with Adjusted Cost
Field Definitions

View open lots
Search for positions
View position details
Select specific lots to sell (If entitled)
Select a positions to trade (If entitled)

Overview

For both nonretirement and retirement accounts, view account or position level lot summaries of costs for shares held in an account. Open lots are unavailable where cost is not in good order (NIGO).

The Open Lots page provides a lot-level view of domestic and foreign positions.

• Positions row
  Shows an aggregated view of all lots in the position and includes account type, total cost, value, gain/loss, and cost method. Gain/loss is calculated based on the assumption that the full position is liquidated. If the position is held in both cash and margin account types, Lot Summary shows a separate position row for each.
• Lot detail rows
  Lists each individual lot along with its cost and corresponding data.

For domestic equities, options, and ETFs, cost and gain/loss information is updated real time to reflect executed intraday trading activity.

Open Lots with Adjusted Cost

For fixed income securities, view adjusted cost that may be based on original issue discount (OID) phantom interest and market premium adjustments.

The following assumptions are made on behalf of account holders:

• Market discount is deferred until sale or redemption.
• Market discount on tax-exempt securities is considered taxable ordinary income.
• Adjustments for acquisition premiums and premium amortization are recognized and not deferred until sale.
• Identification of a wash sale is based upon the realized gain or loss calculated using the adjusted cost basis.
• Customer and third-party provided cost information is assumed to provide original cost.

Note
Open lots for certain fixed income securities include all OID and market discount/premium accrued from acquisition date to conversion date.

View Open Lots

View the open lots for an account or particular position. The number of lots included in each position displays in parentheses next to the symbol.

Open lots are available when the following are true:

• Cost Method column shows: LotID or Average
• Cost Source column shows: Customer, Fidelity, Third Party, or Unknown

To view open lots for a position

1. Search for an account.

2. Select the arrow next to the account number.

3. Select Positions > Open Lots.

   - To expand or collapse all rows, select Expand All or Collapse All.

   Note
   To view open lots for a single positions, from the Open/Realize page, select the arrow next to the Security ID column to an eligible security and select Lot Summary.

Search for Positions

1. From Search by, select a search filter:

   CUSIP
   SEDOL
   Symbol
   Holding Period
   Unrealized Gains
   Unrealized Losses

   - If required, enter or select a value.

   - If you do not know the security identifier, select Lookup. (Look up a symbol)

2. Select Search.

3. To clear the filter and display all positions, select Reset.

View Position Details

View additional details about a position and its lots, such as lot details, closed lots, or previous sales.

To view position details

In the Menu column for a position, select the arrow and then select an option from the menu that displays:

Lot Details
Closed Lots / Update Cost
Previous Sales

Select Specific Lots to Sell

If entitled, for a position held in a nonretirement trading-eligible account, open an order entry window to sell specified open lots.

To select specific lots

1. With lots expanded, in the first column, select the check box for one or more open lots in a position.

2. Select Trade.

   The appropriate order entry window opens with the following:

   - Order action is Sell.
   - Quantity is the total for the selected lots.
   - Transaction disposal method is Specify Shares.

3. Enter remaining order information.

4. Select Continue & Specify Shares.

   If issues are detected, one or more error messages display on the order entry. Enter corrections, and then attempt to process the order again.

   The specified lots prefill the Specify Shares window.

   Go to: Specify Shares

Select a Position to Trade

If entitled, open an order entry window for a listed position. The position must be held in a trading-eligible account type. The applicable order entry window opens and displays defaults already established for that window. (Choose order entry preferences)

You cannot trade the following positions from this window:

• Fixed income positions
• Positions with average cost lots

To select a position to trade

1. Select the check box for the position.

2. Select Trade.

3. Enter remaining order information.

4. Select Verify.

5. Select Send.

   Alternatively, select Save to submit the order at another time.

Field Definitions

Open Lots | Lot Details | Sub Lot Details

Fields in these tables might not be available on a window. Some fields apply only to the lot; not the position summary. In addition to the values shown below, a field can display one of the following:

• n/a Not applicable
• -- (double dashes) Value does not exist, is not available
• NIGO Position currently under review; for fields related to or calculated with cost basis
• Unknown For cost and gain/loss fields

Open Lots Top

Field	Definition
Account Type	The account type in which the shares are held.
As of Date / Time	The date and time the lot was last updated. Date/Time displays only on lot rows, not on the position rows.
Cost	On the position row, the sum total cost of all open lots for the position, inclusive of commission and fees. On the lot row, the total cost at which the shares in the lot were acquired, inclusive of commission and fees. The cost is recalculated real time and reflects executed intraday equity, option, and ETF trade activity in the position.
Cost Method	The cost method for the lot: Average LOTID
Cost per Share	The total cost divided by the total number of shares, inclusive of commission and fees. Cost per share displays only on lot rows, not on position rows.
Cost Source	The origin of the cost information for the position or lot: Customer NFS NIGO Indicates position is currently under review Third Party Unknown
Covered / Noncovered	Indicates whether the lot is covered under IRS cost basis tax reporting rules: C Covered Fidelity is required to report to the IRS: gains and losses, adjusted cost basis, gross proceeds, and holding period (short-term or long-term) for the lot. N Noncovered Fidelity is not required to report the IRS: gains and losses, adjusted cost basis, gross proceeds, and holding period (short-term or long-term) for the lot. If cost basis is unknown, the lot is non-covered, regardless of the acquired date on the lot.
Date Acquired	The date on which shares in this lot were originally acquired by the account holder; for example, the trade date of a buy transaction. Date Acquired displays only on lot rows, not on position rows. A † (dagger) symbol to the right of the Date Acquired value indicates an adjustment occurred as a result of a wash sale event.
Date of Gift	The date of the gift if the lot was a gift to the account holder. Date of Gift displays only on lot rows, not on position rows.
Fair Market Value	The fair market value entered for the lot, if available. Fair Market Value displays only on lot rows, not on position rows.
Foreign Cost	On the position row, the sum total cost of all open lots for the position, inclusive of commission and fee, in the currency in which the security is held. On the lot row, the total cost at which the shares in the lot were acquired, inclusive of commission and fees. Foreign cost is not calculated real time and does not reflect intraday trade activity in the position.
Foreign Cost per Share	The total cost divided by the total number of shares, inclusive of commission and fees, in the currency in which the security is held. Cost per Share displays only on lot rows, not on position rows.
Foreign Gain/Loss	The hypothetical value of the gain or loss that would be realized if shares were sold at the Recent Market Value, in the local currency (non-USD) in which the security is held. Recent Market Value - Cost Foreign gain/loss is not calculated real time to account for executed intraday activity.
Foreign Recent Market Value	The updated value of the position based on intraday changes in quantity and price in the local currency (non-USD) in which the security is held. When intraday activity occurs for a position, a displays in this field. Intraday cost basis calculation is not available for securities not held in USD. Recent Quantity x Recent Price Factored positions calculate this value as: Recent Quantity x Factor x Recent Price/100.
Gain/Loss	The hypothetical value of the gain or loss that would be realized if the full quantity of shares were sold at the Recent Market value. A value displayed in green indicates a gain; a value displayed in red indicates a loss. Recent Market Value - Cost The gain/loss is calculated real time and reflects executed intraday equity, option, and ETF trade activity in the position.
% Gain / Loss	The hypothetical percent gain or loss that would be realized if shares were sold at the Recent Price. (Gain/Loss / by Cost) x 100 The gain/loss is calculated real time and reflects executed intraday equity, option, and ETF trade activity in the position.
Gifted / Inherited	Indicates whether the lot was gifted or inherited. Gifted The lot was a gift to the account holder. For gifted securities, both the donor's cost basis and the fair market value, as the date of the gift, are recorded. At the time of the sale, cost basis is the original cost basis, the fair market value on the date of the gift, or based on the amount of the proceeds. Inherited The lot was inherited by the account holder. For inherited securities, cost basis is determined by applying fair market value, as of the date of death, unless other instructions are received from the estate representative. N/A The lot was neither gifted nor inherited by the account holder. Note If a lot is inherited, and then gifted, it retains the qualities of both. If a lot is gifted, and then inherited, cost basis follows the rules for inherited lots.
Holding Period	The duration the shares were held since the acquisition date: Long Longer than one year. Short One year or less. Fractured Combination of holding periods. Fractured lots are typically the result of wash sales. Unknown Acquisition date is unknown. Holding Period displays only on lot rows, not on position rows. A † (dagger) symbol to the right of the value indicates an adjustment occurred as a result of a wash sale event. For a lot that has been adjusted, select the linked holding period to open the Sub Lot Detail window.
Position Quantity	The total number of shares of the security based on executed intraday equity, option, and ETF trade activity in the position. When intraday activity occurs for a position, an orange triangle displays in this field.
Recent Market Value	The updated value of the position based on intraday changes in quantity and price. When intraday activity occurs for a position, a triangle displays in this field. Recent Quantity x Recent Price Factored positions calculate this value as: Recent Quantity x Factor x Recent Price/100.
Recent Quantity	The number of shares of the security based on intraday account activity. When intraday activity occurs for a position, a triangle displays in this field. Select the arrow in the Menu column and select Lot Details for additional lot information.
Security ID	The security identifier for the position.
Security Description	The description of the security in the position, which typically contains the issuer's name. For factored securities, the factor or inflation factor is included as part of the description.

Lot Details Top

Field	Definition
Lot History
Trade Date	The date on which the trade, such as a buy or sell event, took place.
Settlement Date	The date on which the order was settled, either by a buyer paying for securities with cash or by a seller delivering the securities and receiving the proceeds of the sale.
Transaction Type	The transaction that occurred, for example, Div Reinvest.
Event Quantity	The total number of shares associated with this transaction.
Event Cost	The total original cost of the shares in this transaction. For accounts enabled for international trading, this field displays in USD for currencies, and in USD and trading currency for international equities.
Proceeds	The dollar amount received as the result of a sale. (If the transaction type is other than sell, this value is $0.00.) For accounts enabled for international trading, this field displays in USD for currencies, and in USD and trading currency for international equities.
Lot Quantity	The number of shares in the lot as a result of the transaction.
Lot Cost	The cost of the lot as a result of this transaction. For accounts enabled for international trading, this field displays in USD for currencies, and in trading currency for international equities.
Cost/Share	The original cost per share of these shares: Lot Cost ÷ Lot Quantity For accounts enabled for international trading, this field displays in USD for currencies, and in trading currency for international equities.
Adjustment Summary
Original Cost	The original (unadjusted) cost of the shares comprising this lot.
Adjusted Cost	The adjusted cost for the purpose of determining realized gains and losses.
Adjustment Details For fixed income only.
Year to Date OID	The year-to-date OID amount accrued for this lot.
YTD Amortized Premium	The year-to-date amortized premium for the lot.
YTD Acquisition Premium	The year-to-date acquisition premium for the lot. This is the amount purchased above the bond's adjusted cost but below its redemption value.
YTD Deferred Mkt Discount	The face value of the bond less the amount paid for the bond and the amount of accumulated OID for the current year-to-date. Market discount accrual is deferred until closure of the tax lot.
Total Deferred Mkt Discount	The total deferred market discount associated with the lot, from purchase to the close of the previous business day.
Unrealized Mkt Discount Income	The additional ordinary income that does not have to be recognized until the bond is sold.
Ordinary Income/Loss	The total ordinary income associated with the lot.
Non-Qualified Stated Interest	The original cost per share of the shares in this lot, which usually includes commissions, fees, or load charges paid for the purchase: Cost ÷ Closing Quantity
Unrealized Gain/Loss	The gain or loss based on adjusted cost basis that may include OID accretion income, market discounts and/or market premiums. For accounts enabled for international trading, this field displays in USD for currencies, and in trading currency for international equities.

Sub Lot Details Top

Field	Definition
Adjusted Date Acquired	The acquisition date by which the holding period will be determined for shares adjusted as a result of a wash sales sale.
Cost	The total original cost of this component of the lot. For international positions, this field displays in USD and trading currency.
Cost/Share	The total cost divided by the total number of shares. For international positions, this field displays in USD and trading currency.
Date Acquired	The date on which the shares in the sub lot were originally acquired.
Quantity	The number of shares in this sub lot.
Transaction Description	A description of the original event that occurred, for example, Div Reinvest.

Wash Sale

A wash sale may occur if a customer sells securities (including options) at a loss and, within the 61-day period beginning 30 days before and ending 30 days after the date of sale, the customer buys the same or substantially identical security in the same or different account. The additional shares are considered as having "washed" the loss, and the loss from the sale is disallowed for tax purposes. The loss should be added to the cost basis of the newly purchased shares, essentially deferring the loss until those shares are sold. Fidelity Investments tracks only those wash sales that occur on identical CUSIPs within the same account. The wash sale activity recorded by Fidelity therefore may not reflect all events that the account holder is required to take into account in account holder's tax filings.

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