meaning of straddle2
1. To part the legs wide; to stand or to walk with the legs far apart.
2. To stand with the ends staggered; -- said of the spokes of a wagon wheel where they join the hub.
3. 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.
4. The act of standing, sitting, or walking, with the feet far apart.
5. The position, or the distance between the feet, of one who straddles; as, a wide straddle.
6. 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.
7. 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
Related Words
straddle | straddled | straddling |
