Strike Price. The price at which a person may purchase or sell the underlying futures contract upon exercise of a commodity option. This term has the same meaning as the term “exercise price.”
Appears in 3 contracts
Sources: Corporate Account Agreement, Limited Liability Company Account Agreement, Corporate Account Agreement
Strike Price. The price per unit of the Underlying Futures Contract at which a person may purchase or sell the underlying futures contract will be exchanged by the buyer and seller upon exercise of a commodity the option. This term has the same meaning as the term “exercise price.”
Appears in 1 contract