Straddle - Definition
straddle
n 1: a noncommittal or equivocal position
2: a gymnastic exercise performed with a leg on either side of
the parallel bars
3: the act of sitting or standing astride [syn: straddle,
span]
4: 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
v 1: sit or stand astride of
2: range or extend over; occupy a certain area; "The plants
straddle the entire state" [syn: range, straddle]
3: be noncommittal