

straddles
/ΛstrΓ¦d(Ι)lz/

noun
An investment strategy involving simultaneous trade with put and call options on same security with positions that offset one another.












verb
To form a disorderly sprawl; to spread out irregularly.

verb
To fire successive artillery shots in front of and behind of a target, especially in order to determine its range (the term "bracket" is often used instead).



