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Yes, this has a strobe feature. The User programmable strobe can be enabled/disabled. Different prices is probably because buds website program keeps track of the price, so if stock gets low in a warehouse price increases. Hope this helps.
It does indeed feature a strobe, as detailed on streamlights website. https://www.streamlight.com/products/detail/index/tlr-2-hl-g "Ambidextrous momentary/steady on/off switch User programmable strobe can be enabled/disabled" And the price has nothing to do with the inventory on hand, the price is fixed markup percentage from what buds supplier charges them to restock the item, regardless of how many b7ds has in Their wharehouse