STRADDLE
Straddle
In finance, a straddle is an investment strategy involving the purchase or sale of particular option derivatives that allows the holder to profit based on how much the price of the underlying security moves, regardless of the direction of price movement. The purchase of particular option derivatives is known as a long straddle, while the sale of the option derivatives is known as a short straddle.The above text is a snippet from Wikipedia: Straddle
and as such is available under the Creative Commons Attribution/Share-Alike License.
straddle
Noun
- a posture in which one straddles something
- an investment strategy involving trade in derivatives
- A voluntary raise made prior to receiving cards by the first player after the blinds.
Verb
- To form a disorderly sprawl.
- To fire successive artillery shots in front of and behind of a target, especially in order to determine its range.
- To place a voluntary raise prior to receiving cards (only by the first player after the blinds).
- To stand with the ends staggered; said of the spokes of a wagon wheel where they join the hub.
The above text is a snippet from Wiktionary: straddle
and as such is available under the Creative Commons Attribution/Share-Alike License.