The nations largest mutual fund company has done it again.

Fidelity Investments last week decided to halve the per-contract charge on options trading for all tiers-Gold, Silver and Bronze-to 75 cents.

On a trade of 10 option contracts, for example, Gold clients could save upwards of 33%, Silver clients enjoy a 51% cut, and Bronze clients earn a 42% savings.

All of the cuts are effective immediately and signal yet another salvo in an industry-wide fee war that began 20 months ago.

These reductions are massive, Jeff Carney, president of Fidelity Personal Investments told Reuters news service.

(c) 2005 Money Management Executive and SourceMedia, Inc. All Rights Reserved.

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