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.
Definition of flounder for English Language Learners. : 1  to move in an awkward way with a lot of difficulty and effort. : 2  to be unsure about what to do or say. : 3  to have a lot of problems and difficulties.