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.
floss. n. 1. Dental floss. 2. Short or waste silk fibers, especially from the outer surface of the cocoon of a silkworm. 3. Soft, loosely twisted thread, as of silk or cotton, used in embroidery. 4. A downy or silky fibrous substance, such as corn silk or silk cotton.