Straddle

['stræd(ə)l] or ['strædl]

Definition

(noun.) the option to buy or sell a given stock (or stock index or commodity future) at a given price before a given date; consists of an equal number of put and call options.

(noun.) the act of sitting or standing astride.

(noun.) a gymnastic exercise performed with a leg on either side of the parallel bars.

(noun.) a noncommittal or equivocal position.

(verb.) be noncommittal.

(verb.) sit or stand astride of.

Typist: Lucas--From WordNet

Definition

(v. i.) To part the legs wide; to stand or to walk with the legs far apart.

(v. i.) To stand with the ends staggered; -- said of the spokes of a wagon wheel where they join the hub.

(v. t.) To place one leg on one side and the other on the other side of; to stand or sit astride of; as, to straddle a fence or a horse.

(n.) The act of standing, sitting, or walking, with the feet far apart.

(n.) The position, or the distance between the feet, of one who straddles; as, a wide straddle.

(n.) A stock option giving the holder the double privilege of a "put" and a "call," i. e., securing to the buyer of the option the right either to demand of the seller at a certain price, within a certain time, certain securities, or to require him to take at the same price, and within the same time, the same securities.

Checker: Stan

Synonyms and Synonymous

v. a. Bestride.

Typed by Ann

Definition

v.i. to stride or part the legs wide: to stand or walk with the legs far apart: to seem favourable to both sides in any question that divides opinion into parties to trim with regard to any controversy.—v.t. to stand or sit astride of.—n. act of straddling: an attempt to fill a non-committal position: a stock-transaction in which the buyer obtains the privilege of either a put or a call: a vertical mine-timber supporting a set.—adv. astride.—adj. Stradd′le-legged having the legs wide apart.

Editor: Timmy