Basics

Strike Price

By Ryan Silk & Lawrence Polatchek · Reviewed April 2026 · Options Trading Glossary

Exercise price of option

What is Strike Price?

Strike Price The price at which an option can be exercised. For calls, the price to buy shares. For puts, the price to sell shares. Strike selection is crucial for strategy success.

Complete Definition

The price at which an option can be exercised. For calls, the price to buy shares. For puts, the price to sell shares. Strike selection is crucial for strategy success.

Related Terms

At The Money Moneyness

Written by

ApexVol Research Team

Quantitative options research

All calculations use live ORATS institutional data — the same source used by professional volatility desks.

Technical reviewer

Ryan Silk, ApexVol Founder

Reviewed for technical accuracy

10+ years trading options. Built ApexVol's pricing engine, Greeks model, and IV-rank methodology.

This guide is updated as market conditions and ORATS data change. Last revised 2026-05-12. How we research →

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