Strike price
Also called: strike, exercise price
The fixed price at which an option's buyer may buy (call) or sell (put) the underlying.
Exchanges list options at many strikes around the current price. Whether an option is in, at or out of the money depends on where the price is relative to the strike.
Learn more in these lessons
- Call and put optionsWhat are call and put options, and what does each side risk?
- Strike prices, premiums and expiryWhat do the numbers in an option quote mean, and is a cheap option a good deal?
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