Hello!
I got a question about text formating: Is it possible to strike-through text and change font color on specific words?
Thanks in advance for your time. 
Yep! Both are possible. For strike-through text, you’ll use two tildes (~~) before and after the word you want striked out.
For the text color, you’ll use a bit of HTML, like this: <span style="color: yellow">yellow</span>
Here’s an example post showing what this looks like, and here’s the source text for that post.
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Wow! That’s really great, I needed those features. Thank you!!