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.
uk â /flaÊns/ us â /flaÊns/. âº to walk with large, noticeable movements, especially to attract attention or show that you are angry: Don't expect any help from me in future! he said and flounced out of the room. Thesaurus: synonyms and related words.