Strike price

Price at which the underlying instrument of a derivative can be bought or sold.

With options and warrants, the strike price is the price at which the right to purchase or sale an option can be exercised. At this price, the underlying be purchased or sold at maturity (in case of an European Option) or at any time during the maturity term (in case of an American option).

With knock-out warrants, the exercise price is the knock-out threshold which renders the warrant worthless if the knock-out threshold is reached.

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