*Warning. Novice here with a basic question*
I've just started playing with the demo app to understand the basics of trading.
regarding PUT options, using TSLA as an example:-
current price of the stock is approx 816 USD.
As per my screenshot, I've highlighted a PUT with a strike price 600 expiring Jan-22 and a PUT with what appears to be a strike price of 12800?? Expiring Jun-21
Are these figures strike prices?
And if so, why is the 12800 strike so much higher than the current market price?