An option with a strike price equal to the underlying futures price.

一个期权的执行价等于其原生期货的价格。

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When markets are booming, or even just stable, selling "out-of-the-money" put options, with a strike price far below the current market price of the asset, is a route to easy money.

当市场繁荣或较为平稳时，以远低于标的资产市场现价的执行价格卖出“价外”卖出期权根本就是在捡钱。

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And if Amazon or whatever stock you buy isn't trading at or above the strike price when the options expire, you'll still own the shares, but at a lower cost than if you had just bought them outright.

如果亚马逊或你买的其他任何股票到期的价格低于行权价，你将继续拥有这些股票，但你持有的价格将比你当初直接买进时的价格有所降低。

youdao

Options are generally granted for a seven-to-10-year period at a strike price equal to the share price on the grant date.

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One way to play it would be to buy insanely out-of-the-money calls on the index, say 15-year options with a strike price of 40, 000.

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In fact, this pin is more like rolling a gutter ball, as it refers to a situation in which a stock closes at a strike price on expiration day.

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