American Heritage® Dictionary of the English Language, Fourth Edition
- v. To stand or sit with a leg on each side of; bestride: straddle a horse.
- v. To be on both sides of; extend over or across: a car straddling the centerline.
- v. To appear to favor both sides of (an issue).
- v. To fire shots behind and in front of (a target) in order to determine the range.
- v. To walk, stand, or sit with the legs wide apart, especially to sit astride.
- v. To spread out in a disorderly way; sprawl.
- v. To appear to favor both sides of an issue.
- n. The act or posture of sitting astride.
- n. An equivocal or a noncommittal position.
- n. The option to buy or sell a specific asset, such as a block of stock, at a predetermined price before a certain date.
- idiom. straddle the fence Informal To be undecided or uncommitted.
Century Dictionary and Cyclopedia
- To stand or walk with the legs wide apart; sit or stand astride.
- To include or favor two apparently opposite or different things; occupy or take up an equivocal position in regard to something: as, to straddle on the tariff question.
- To place one leg on one side and the other on the other side of; stand or sit astride of: as, to straddle a fence or a horse.
- To occupy or take up an equivocal position in regard to; appear to favor both sides of: as, to straddle a political question.
- To double (the blind) in poker.
- n. The act of standing or sitting with the legs far apart.
- n. The distance between the feet or legs of one who straddles.
- n. In speculative dealings on 'change, a “privilege” or speculative contract covering both a “put” and a “call”—that is, giving the holder the right at his option of calling, within a specified number of days, for a certain stock or commodity at a price named in the contract, or
- n. of delivering to the person to whom the consideration had been paid a certain stock or commodity upon terms similarly stated. See call, n., 15, privilege, n., 5, and put, n., 5. Also called spread eagle.
- n. In the game of poker, a doubling of the blind by one of the players.
- n. An attempt to take an equivocal or non-committal position: as, a straddle in a party platform.
- n. In mining, one of the vertical timbers by which the different sets are supported at a fixed distance from each other in the shaft; a vertical post used in various ways in timbering a mine, as in supporting the framework of a shaft at a hanging-on place.
- Astride; with straddled legs: as, to ride straddle.
- n. A sort of tumble-bug; a scarabæid beetle with long legs, of the genus Canthon, as C. lævis. See cut under tumble-bug.
- v. To sit or stand with a leg on each side of something.
- v. To form a disorderly sprawl.
- v. military To fire successive artillery shots in front of and behind of a target, especially in order to determine its range.
- v. poker To place a voluntary raise prior to receiving cards (only by the first player after the blinds).
- n. a posture in which one straddles something
- n. finance an investment strategy involving trade in derivatives
- n. poker A voluntary raise made prior to receiving cards by the first player after the blinds.
GNU Webster's 1913
- v. To part the legs wide; to stand or to walk with the legs far apart.
- v. To stand with the ends staggered; -- said of the spokes of a wagon wheel where they join the hub.
- v. To place one leg on one side and the other on the other side of; to stand or sit astride of.
- n. The act of standing, sitting, or walking, with the feet far apart.
- n. The position, or the distance between the feet, of one who straddles; as, a wide
- n. Broker's Cant A stock option giving the holder the double privilege of a “put” and a “call,” i. e., securing to the buyer of the option the right either to demand of the seller at a certain price, within a certain time, certain securities, or to require him to take at the same price, and within the same time, the same securities.
- n. the option to buy or sell a given stock (or stock index or commodity future) at a given price before a given date; consists of an equal number of put and call options
- n. the act of sitting or standing astride
- v. be noncommittal
- n. a noncommittal or equivocal position
- v. range or extend over; occupy a certain area
- v. sit or stand astride of
- n. a gymnastic exercise performed with a leg on either side of the parallel bars
- Akin to stride. (American Heritage® Dictionary of the English Language, Fourth Edition)
“Hoodathunk (sponsored by the FSM, Noodles for Freedom!) says: backup, are you just a teeny bit cranky because that fence you constantly straddle is chafing?”
“A straddle is a bet on volatility, as it makes money if a market moves sharply either up or down.”
“The straddle is self-centering, and clamps securely with two small hex screws.”
“This not-uncommon strategy is called a straddle, and it is perfect for taking advantage of periods of high market volatility where direction is uncertain.”
“Last Friday, the blue-chip conglomerate was singled out for a long-term straddle, with the trader zeroing in on GE's December series.”
“One way to do that is through what 's known as a straddle, in which an investor purchases both put and call options on a market index.”
“Plenty of volume was evident on both sides in what is known as a straddle trade, in which investors buy a "put" option and a "call" option, betting on volatility.”
“The so-called straddle trade generated a credit of $5.12 and will make money if the stock remains between about”
“A straddle is the use of the same strikes for both the call and the put, but a strangle uses out-of-the-money OTM options, usually equally spaced from the price of the underlying.”
“For futures, a straddle is a combination of long and short contracts on the same security, but with different delivery months. strangle: the combination of a call option with a strike price above the current price of the underlying security and a put option with the same expiration date and a strike price below the current market price on the same underlying security.”
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