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.
grackle. 1  any of several long-tailed American birds of the family Icteridae, especially of the genus Quiscalus, having usually iridescent black plumage. 2  any of several Old World birds of the family Sturnidae, especially certain mynas.