Category:Straddle

Strad"dle, v. i. [imp. & p. p. Straddled; p. pr. & vb. n. Straddling.] Etym: [freq. from the root of stride.]

1. To part the legs wide; to stand or to walk with the legs far Apart.

2. To stand with the ends staggered; -- said of the spokes of a wagon Wheel where they join the hub.

Straddle Strad"dle, v. t.

Defn: to place one leg on one side and the other on the other side Of; to stand or sit astride of; as, to straddle a fence or a horse.

Straddle Strad"dle, n.

1. The act of standing, sitting, or walking, with the feet far apart.

2. The position, or the distance between the feet, of one who Straddles; as, a wide straddle.

3. 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. [broker's cant]