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<a accesskey="3" href="page.php?w=strike_price&amp;p=2">3.Next</a>
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<p>In <a href="page.php?w=finance">finance</a>, the <b>strike price</b> (or <b>exercise price</b>) of an <a href="page.php?w=option_%28finance%29">option</a> is a fixed price at which the owner of the option can buy (in the case of a <a href="page.php?w=call_option">call</a>), or sell (in the case of a <a href="page.php?w=put_option">put</a>), the underlying <a href="page.php?w=Security_%28finance%29">security</a> or commodity. The strike price may be set by reference to the <a href="page.php?w=spot_price">spot price</a>, which is the market price</p><p>
<a accesskey="3" href="page.php?w=strike_price&amp;p=2">3.Next</a>
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