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Lesson 4

What the strike is

The strike price is the fixed price in the contract.

New here? Start from the beginning.

What is the strike price?

The strike price is the price written in the contract. The strike price stays the same while the stock price moves.

Learn how to compare two strike prices

Price sample calls with different strike prices on the chart. Each of the four checkpoints ends with a two-answer question. Nothing places a trade.

CHECKPOINT 1 OF 4

Choose SOFI

0 / 4 checkpoints earned

When the chart loads, follow its highlighted control to earn your first checkpoint.

  1. Choose SOFI
  2. Price the $16 call, upcoming
  3. Price the $17 call, upcoming
  4. Price the $15 call, upcoming

Loading the practice chart.

Now look around the free demo.

The demo opens the full platform with other stocks, and its numbers change each day. Signed out, nothing there moves real money. If you are signed in with a connected broker, Place trade sends a real order, so read the screens without pressing it.

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