In the case of a call option, if the strike price is above the spot price (current market value), that option is out of the money because the holder would buy shares above the market price if ...

So the strike price is the price at which the option goes in the money (i.e., has some value at expiration) or out of the money (i.e., is worthless). An option’s strike price is preset by the ...

A port strike is possible again if negotiators can't reach a deal by Jan. 15. A walkout could spark inflation and shortages, experts said.