strike price

noun

: an agreed-upon price at which an option contract can be exercised

called also striking price

Examples of strike price in a Sentence

Recent Examples on the Web

Call options give the holder the right, but not the obligation to buy the underlying security at a set price — or strike price — by a certain date. —Yun Li, CNBC, 20 Jan. 2026

British authorities granted contracts expected to produce 8.4 GW of energy, enough to power roughly 12 million homes, albeit at higher strike prices — the amount guaranteed to producers per MWh — compared to last year’s auction. —Natasha Bracken, semafor.com, 15 Jan. 2026

Open interest, the number for outstanding contracts, in the Bitcoin options market has been clustered at the contracts expiring on Jan. 30, at the strike price of $100,000. —David Pan, Bloomberg, 5 Jan. 2026

The strike prices were startling: Nvidia’s was 47% below where the stock had just closed, while Palantir’s was 76% below. —Bloomberg, Mercury News, 29 Dec. 2025

Word History

First Known Use

1972, in the meaning defined above

Rhymes for strike price

• imprecise
• sacrifice
• advice
• allspice
• concise
• device
• entice
• excise
• fordyce
• precise
• suffice
• dice