Also called the exercise price. Determines whether an option is in-the-money, at-the-money, or out-of-the-money.
Practice this in Aurora
See a plain-English bull/bear/bias breakdown on any stock — no signup needed.
Open Decision Lab →Frequently asked questions
Related terms
Options
Contracts giving the right (but not obligation) to buy or sell an asset at a set price by an expiry date.
Call option
A contract giving the buyer the right to purchase an asset at a set strike price by expiry.
Put option
A contract giving the buyer the right to sell an asset at a set strike price by expiry.