verb (used without object), strad·dled, strad·dling.
verb (used with object), strad·dled, strad·dling.
- an option consisting of a put and a call combined, both at the same current market price and for the same specified period.
- a similar transaction in securities or futures in which options to buy and sell the same security or commodity are purchased simultaneously in order to hedge one's risk.
Origin of straddle
Examples from the Web for straddler
Historical Examples of straddler
They then drank Mr. Straddler's health, and thanks to him for his excellent song.
"Now for distance, time, and stake," reiterated Mr. Straddler.
"Jewish enough," whispered Mr. Straddler into the flying hatter's ear.
"And I'll go Monsieur's," said Mr. Straddler, still backing the thing up.
Word Origin for straddle
1560s, probably an alteration of stridlen, frequentative of striden (see stride). U.S. colloquial sense of "take up an equivocal position, appear to favor both sides" is attested from 1838. Related: Straddled; straddling. The noun is first recorded 1610s.