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Strike Price Explained Simply Strike prices only look confusing because they show up as a long list of random numbers… but each one is simply a price target your contract is built around. That’s it… a line in the sand. For calls, the strike is the price you’re locking in to buy shares. For puts, it’s the price you’re locking in to sell shares. Go above it for calls? You benefit. Go below it for puts? You benefit. But here’s where things really click: The strike you choose controls almost everyth
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