StrikePreis

StrikePreis, also known as the strike price or exercise price, is a fundamental concept in options trading. It represents the predetermined price at which an underlying asset can be bought or sold when an option contract is exercised. For a call option, the strike price is the price at which the buyer can purchase the underlying asset. For a put option, it is the price at which the buyer can sell the underlying asset.

The strike price is a key factor in determining the value of an option. Options are often categorized as being in-the-money, at-the-money, or out-of-the-money based on their relationship to the current market price of the underlying asset. If the market price of the underlying asset is above the strike price for a call option, it is considered in-the-money. Conversely, if the market price is below the strike price for a put option, it is also in-the-money.

When an option buyer decides to exercise their option, the transaction occurs at the specified strike price, regardless of the prevailing market price at that moment. This right to buy or sell at a fixed price is what gives options their value and hedging capabilities. The strike price is always set at the time the option contract is created and remains fixed throughout its life.