straddle: Meaning and Definition of
Pronunciation: (strad'l), [key]
— v., n. -dled, -dling,
- to walk, stand, or sit with the legs wide apart; stand or sit astride.
- to stand wide apart, as the legs.
- to favor or appear to favor both sides of an issue, political division, or the like, at once; maintain an equivocal position.
- to walk, stand, or sit with one leg on each side of; stand or sit astride of: to straddle a horse.
- to spread (the legs) wide apart.
- to favor or appear to favor both sides of (an issue, political division, etc.).
- an act or instance of straddling.
- the distance straddled over.
- the taking of a noncommittal position.
- an option consisting of a put and a call combined, both at the same current market price and for the same specified period.
- a similar transaction in securities or futures in which options to buy and sell the same security or commodity are purchased simultaneously in order to hedge one's risk.
- straddle (Thesaurus)