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.
Definition of flout. 1  transitive verb. : 2  to treat with contemptuous disregard : scorn flouting the rules. 3  intransitive verb. : 4  to indulge in scornful behavior Ah, you may flout and turn up your faces â Robert Browning.