- The act of standing, sitting, or walking, with the feet
far apart. - The position, or the distance between the feet, of one
who straddles; as, a wide straddle. - 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.
2 . Straddle
[ v. i.]
- To part the legs wide; to stand or to walk with the
legs far apart. - To stand with the ends staggered; -- said of the
spokes of a wagon wheel where they join the hub.
3 . Straddle
[ 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.
Meaning of 'straddle' (Princeton's WordNet)
1 . straddle
[ v]
Meaning (1): - range or extend over; occupy a certain area
Short Straddle A Short Straddle is a tactic in which one offers both the put and a call option with about the same striking price and time frame. When a dealer feels the underlying security...