Straddle /(?)/

Strad·dle

Straddle

v. i.

imp. & p. p. Straddled; p. pr. & vb. n. Straddling

  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.

Straddle

v. t.
  1. 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.

Straddle

n.
  1. The act of standing, sitting, or walking, with the feet far apart.
  2. The position, or the distance between the feet, of one who straddles; as, a wide straddle.
  3. 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. [Broker's Cant]