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.
Definition of flit. flitted. ; flitting. intransitive verb. 1 : to pass quickly or abruptly from one place or condition to another. 2 archaic : alter, shift. 3 : to move in an erratic fluttering manner.