Part 8 Trading Master Class With Experts

Strike Price

The strike price is the pre-decided level at which a call or put buyer can buy or sell the asset.
Example: If Nifty is trading at 22,000, you may choose from strikes like 21900, 22000, 22100, etc.

Expiry

Every option has a validity period. After that, it expires.
In India:

Index options (Nifty, Bank Nifty) have weekly expiries.

Stock options have monthly expiries.