Strike price
The strike is the contract price at which an option's stated exercise right applies.
Plain-language meaning
The strike is the contract price at which an option's stated exercise right applies.
Why it is useful
Strike price is useful as descriptive evidence when it is compared on the same definition, source, period, unit and exact listing. It is one input to research, not a verdict.
Where it appears in XMarketRadar
Look for Strike price in Futures, Option Chain, Options Screener and derivative study tables for a selected underlying and contract.
How it is calculated or sourced
Strike price is provider- or exchange-reported contract/market data for a stated instrument and observation time; XMarketRadar does not infer a missing value from nearby rows.
Inputs, period and unit
Read the disclosed inputs or source, observation period, bar interval, unit, native currency and scale. A value without its source and as-of context is incomplete; unlike units must not be combined.
Worked example
Illustrative only: A call with ₹100 strike gives the stated exercise right at ₹100 under the contract. An underlying price of ₹105 does not change the strike to ₹105.
What high and low mean
A higher or lower Strike price value is descriptive, not automatically good or bad. Meaning depends on the instrument, comparison period, method and related evidence.
Positive, negative and genuine zero
Positive and negative Strike price values retain the definition shown here. A genuine reported or computed zero is displayed as 0 and is not the same as missing evidence.
Limitations and common mistakes
Strike price may differ by provider definition, observation time, instrument and venue. Common mistakes are dropping units or dates, comparing unlike scopes, and treating a missing value as zero.
Market-specific differences
Contract size, exercise style, expiry, settlement, price unit and trading rules vary across all supported markets. Always use the selected contract specification.
Suggested next steps
Open the related Derivatives terms below, then follow the matching Help Centre task guide and inspect Strike price on an exact exchange listing. Confirm source, as-of time, units and unavailable reason before using it in research.
Educational information only; not investment advice or an order service.
This Strike price tutorial is educational and descriptive. It is not investment advice, a price prediction, a recommendation, or an instruction to buy, sell, rebalance or place an order.