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.
(flÄl) n. A manual threshing device consisting of a long wooden handle or staff and a shorter, free-swinging stick attached to its end. v. flailed, flailÂ·ing, flails. v.tr. 1. To beat or strike with or as if with a flail: flailed our horses with the reins. 2. To wave or swing vigorously; thrash: flailed my arms to get their attention.