Examples of Strike in a sentence
Ratio 1 : 1 Cash Amount If no Barrier Event has occurred during the Observation Period, the Cash Amount (section 3 of the General Conditions) shall be equal to the difference, expressed in the Currency of the Underlying, by which the relevant Reference Price on the Valuation Date is higher than the Current Strike, divided by the Ratio, i.e. (Reference Price – Current Strike) / Ratio.
The Token Warrant becomes valuable and exercisable when the price of the Token hits the Strike Price.
The ratio of the number of Token Warrants required to convert into a single Token at the Strike Price on the expiration date is referred to as the “Entitlement Ratio”.
The greater the period to expiration, the more expensive is the Token Warrant considering that the Token is more likely to hit or surpass the Strike Price.
Knock-Out Barrier on the Issue Date SEK 43.80 Current Knock-Out Barrier The Current Knock-Out Barrier shall correspond to the Current Strike.