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.
a. a small cavity, sac, or gland. b. one of the small ovarian sacs containing a maturing ovum; Graafian follicle. 2. a dry seed pod consisting of a single carpel, splitting at maturity along the front of the seam. [1640â50; < Latin folliculus small bag, shell, pod =folli(s) bag, purse + -culus -cle1] folâ¢licâ¢uâ¢lar (fÉËlÉªk yÉ lÉr) folâ¢licâ²uâ¢late (-lÉªt, -ËleÉªt) folâ¢licâ²uâ¢lat`ed, adj.