Word Direct Answers

What does "straddle" mean?

Straddle: To stand with the ends staggered; -- said of the spokes of a wagon wheel where they join the hub.

Additional senses

  1. 2.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.
  2. 3.The act of standing, sitting, or walking, with the feet far apart.
  3. 4.The position, or the distance between the feet, of one who straddles; as, a wide straddle.
  4. 5.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]

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