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.
Floundering definition, to struggle with stumbling or plunging movements (usually followed by about, along, on, through, etc.): He saw the child floundering about in the water. See more.