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.
noun \Ëflak\. : exploding shells that are shot at enemy aircraft from guns on the ground. : harsh criticism. See words that rhyme with flak Spanish Central: Translation of flak Nglish: Translation of flak for Spanish speakers Britannica English: Translation of flak for Arabic speakers.