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.
flok, n. a lock of wool.ân. FloccillÄâ²tion, a delirious picking of the bed-clothes by a patient.âadjs. Flocâ²cose, woolly; Flocâ²cÅ«lar; Flocâ²cÅ«late.ân. Flocâ²cÅ«lence.âadj. Flocâ²cÅ«lent, woolly, flaky.âns.