Strike Index Daniel Guidotti 14 years ago Strike IndexAn index option’s strike price. The option buyer can sell or purchase the underlying stock index at this value.Random Finance Terms for the Letter SStreet NameStrike IndexStrike PriceStrip Mortgage Participation Certificate (Strip PC)Stripped BondStripped Mortgage-Backed Securities (SMBSs)Strip StrapStrong-Form EfficiencyStructured Arbitrage TransactionStructured DebtRecommended for you:Strike Price Stripped Mortgage-Backed Securities (SMBSs) Stripped Bond Structured Arbitrage Transaction