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straddle - Dictionary definition and meaning for straddle
STRADDLE
(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
synonyms : span(noun) a gymnastic exercise performed with a leg on either side of the parallel bars
(noun) a noncommittal or equivocal position
(verb) range or extend over; occupy a certain area
"The plants straddle the entire state"
synonyms : range(verb) be noncommittal
(verb) sit or stand astride of
WordNet® 3.0, © 2006 by Princeton University.


