A straddle is any set of offsetting positions on personal property. One example, is a put and call option on the same number of shares of a particular security, with the same exercise price and expiration date.
Definition of flack for English Language Learners. : a person whose job is to make people like or be interested in someone or something.
Princeton's WordNet(0.00 / 0 votes)Rate this definition: circular, handbill, bill, broadside, broadsheet, flier, flyer, throwaway(noun) an advertisement (usually printed on a page or in a leaflet) intended for wide distribution. he mailed the circular to all subscribers.