Call Option Strike Price
What is a Call Option Strike Price?
A Call Option Strike Price is the price at which the holder of the call option can exercise, or buy, the underlying stock.
For example, if Apple is at $600 and you think Apple is going up, then you might by the Apple July $610 Call. This means that you would have the right to buy 100 shares of Apple stock at $610 between now and the third Friday in July. So if Apple stock is suddenly at $620, you could exercise your option and buy 100 shares of Apple stock at the call option strike price of $610.
Here are the top 10 option concepts you should understand before making your first real trade: