strike pricestrike price
in an option contract, the specified price at which a stock, commodity, etc. may be bought or sold; the price at which a call or put can be exercised profitably
also striking price
The fixed price at which the owner of an option can purchase, in the case of a call, or sell, in the case of a put, the underlying security or commodity.
strike price - Investment & Finance Definition
The price at which an option can be exercised. Also referred to as exercise price.