A straddle is any set of offsetting positions on personal property. One example, is a put and call option on the same number of shares of a particular security, with the same exercise price and expiration date.
Definition of flack for English Language Learners. : a person whose job is to make people like or be interested in someone or something.
/nosÂ·trum/ (nosÂ´trum) a quack, patent, or secret remedy. nostrum. n. 1. A medicine whose effectiveness is unproved and whose ingredients are usually secret; a quack remedy. 2. A favorite but usually ineffective remedy for problems or evils.