Definitions of straddle:
  • noun:   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
  • noun:   the act of sitting or standing astride
  • noun:   a gymnastic exercise performed with the legs straddling the parallel bars
  • noun:   a noncommittal or equivocal position
  • verb:   be noncommittal
  • verb:   sit or stand astride of
  • verb:   range or extend over; occupy a certain area
    Example: "The plants straddle the entire state"

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