Strike : A strike is the threshold a market is built around, such as a price level, a temperature or a number of votes.
What it means
A strike is the threshold a market is built around, such as a price level, a temperature or a number of votes.
Example
'Will Bitcoin be above $100,000 on Friday?' has a strike of $100,000. Kalshi often lists a ladder of strikes for the same event.
Practical tip
Compare neighbouring strikes: their prices together sketch the market's view of the whole range of outcomes.
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