"Straddle" is a word in LAW AND LEGAL, ENGLISH
In stock-brokers* parlance the term means the double privilege 'of a “put” and a “call," and secures to the holder the right to demand of the seller at a certnin price within a certain time a certain number of shares of specified stock, or to require him to take, at the same price within the same time, the same shares of stock. Harris v. Tumbridge, 83 N. ¥. 95, 38 Am. Rep. 398
To stand with the ends staggered; -- said of the
spokes of a wagon wheel where they join the hub.
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.
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.
The act of standing, sitting, or walking, with the feet
far apart.
The position, or the distance between the feet, of one
who straddles; as, a wide straddle.
To part the legs wide; to stand or to walk with the
legs far apart.
How can you follow your heart, unless you know why you have allowed it to be empty for so long and didn't have the courage to fix it?
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