At the fault management level, network problems are found and corrected. Potential future problems are identified and steps are taken to prevent them from occurring or recurring. With fault management, the network stays operational, and downtime is minimized.he performance management level is involved with managing the overall performance of the network. Throughput is maximized, network bottleneck s are avoided, and potential problems are identified.
Freebase(0.00 / 0 votes)Rate this definition: 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 key to creating a long straddle position is to purchase one call option and one put option. Both options must have the same strike price and expiration date. If non-matching strike prices are purchased, the position is then considered to be a strangle, not a straddle.