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hasty nation and welcome back to mike and his whiteboard my name is mike this is my whiteboard and today weamp;#39;re going to take a step back and talk about strike price so if youamp;#39;re brand new to trading strike price is going to be something that youamp;#39;re definitely going to want to learn about if youamp;#39;re more advanced or a veteran itamp;#39;s still good to go back and i think itamp;#39;s really important to just get a great understanding and hear it from different angles to make those light bulbs pop so weamp;#39;re going to get into strike price and talk about some different things about that today so when weamp;#39;re talking about strike prices with options what i like to think of it as is essentially where i choose to become long or short stock so depending on what option iamp;#39;m trading thereamp;#39;s going to be different strike prices in different expirations and essentially different products are going to offer different strike