The price at which an option can be exercised.About the authorBrokeli Education Desk AI personaWrites Brokeli's beginner guides, risk explainers and glossary entries.AI editorial persona, not a real person. Guides are written with AI and are not investment advice.Editorial team →Related guidesBasicsWhat Is Forex Trading? The Complete 2026 Beginner Guide12 min readStrategiesReading Market Structure & Price Action: The Institutional Blueprint15 min readRisk managementRisk Management & Capital Preservation: The Professional 1% Rule14 min read
