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.
Princeton's WordNet(0.00 / 0 votes)Rate this definition: lurch, stumble, stagger(verb) an unsteady uneven gait. stagger, reel, keel, lurch, swag, careen(verb) walk as if unable to control one's movements. The drunken man staggered into the room. stagger, flounder(verb) walk with great difficulty.