
straddle
n 1: a noncommittal or equivocal position
2: a gymnastic exercise performed with the legs straddling the
parallel bars
3: the act of sitting or standing astride [syn: {span}]
4: 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
v 1: sit or stand astride of
2: range or extend over; occupy a certain area; "The plants
straddle the entire state" [syn: {range}]
3: be noncommittal [ant: {side}]
Source: WordNet® 2.0