straddle

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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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Definitions (35)

Toggle American Heritage definitions American Heritage Dictionary (11)

  1. transitive verb To stand or sit with a leg on each side of; bestride: straddle a horse.
  2. transitive verb To be on both sides of; extend over or across: a car straddling the centerline.
  3. transitive verb To appear to favor both sides of (an issue).

Toggle Century definitions Century Dictionary (14)

Toggle GNU Webster definitions GNU Webster's 1913 (3)

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Examples (34)

  • BAC April 7 straddle closed at $2.02; May 7 straddle is at $3.12. —  BloggingStocks
  • A buyer of this straddle is willing to fork over 15\% of the current share price to protect against a new rally past $80.70 or down below $59.30 (setting a convincing new low), while a seller expects the price of the energy sector basket to stay put.
  • "It is a complete straddle, which is a disappointment given the import of the issue," Smith says. —  Latest Articles
  • 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. —  Minyanville
  • At the April 45 strike price, a straddle was established with the purchase of 2,000 calls for $2.65 apiece, and with the purchase of 2,000 puts at a cost of $1.95 each. —  Forbes.com: News
 

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Roget's II Roget's II: The New Thesaurus

Allen's Allen's Synonyms and Antonyms

Used in the same context Used in the Same Context

Used in the same contextWord Family

straddle:   straddled ·  straddling ·  straddles
Roget's II: The New Thesaurus, Third Edition by the Editors of the American Heritage® Dictionary. Copyright © 2003, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Etymologies (4)

Toggle American Heritage etymologies American Heritage Dictionary (1)

  1. Akin to stride.

Toggle Century etymologies Century Dictionary (3)

  1. A variant of stridle, striddle, freq. of stride: see striddle, stride.
  2. from straddle, v.
  3. Short for astraddle.
 

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/ˈstrædlbəg/
by American Heritage

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