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.
Ruffle. In sewing and dressmaking, a ruffle, frill, or furbelow is a strip of fabric, lace or ribbon tightly gathered or pleated on one edge and applied to a garment, bedding, or other textile as a form of trimming. The term flounce is a particular type of fabric manipulation that creates a similar look but with less bulk. The term derives from earlier terms of frounce or fronce. A wavy effect effected without gathers or pleats is created by cutting a curved strip of fabric and applying the inner or shorter edge to the garment.