A strike is a price level that may be above or below the current market price. Pick a level (strike), then decide if the market will close above or below that level.
If you predict the price movement correctly, you will receive $100 per contract traded.*
Yes, you can trade multiple contracts if you would like to elevate the stakes. Event contracts are listed for a single business day and expire that day. There will be a fixed payout of $100 if the contract finishes in-the-money.