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LSDefine

Simple English definitions for legal terms

striking price

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A quick definition of striking price:

Striking price refers to the price at which an option can be exercised. It is also known as the strike price. When an investor buys an option, they have the right to buy or sell an underlying asset at the striking price. The striking price is predetermined and agreed upon by the buyer and seller of the option. It is an important factor in determining the value of an option and can affect the potential profit or loss for the investor.

A more thorough explanation:

Definition: The striking price is the price at which an option can be exercised. It is also known as the strike price.

Example: Let's say you buy a call option for a stock with a striking price of $50. This means that you have the right to buy the stock at $50 per share, regardless of its current market price. If the stock price rises above $50, you can exercise your option and buy the stock at the lower striking price.

Explanation: The example illustrates how the striking price works in options trading. The striking price is the predetermined price at which the option can be exercised, and it is set at the time the option is purchased. If the market price of the underlying asset (in this case, the stock) rises above the striking price, the option holder can exercise the option and buy the asset at the lower striking price, which can result in a profit.

striking off the roll | string of title

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General

General chat about the legal profession.
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join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
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