In finance, the strike price (or exercise price) of an Option (finance) is a fixed price at which the owner of the option can buy (in the case of a Call option), or sell (in the case of a Put option), the underlying security or commodity.
Bibliography
“Strike Price.” 2022. Wikipedia, February. https://en.wikipedia.org/w/index.php?title=Strike_price&oldid=1073686087.