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.
flickÂ·er 1 (flÄ­kâ²Ér) v. flickÂ·ered, flickÂ·erÂ·ing, flickÂ·ers v.intr. 1. To move waveringly; flutter: shadows flickering on the wall. 2. a. To burn or shine unsteadily or fitfully: The candle flickered before sputtering out. b. To be displayed with fluctuating brightness: A movie flickered on the screen. 3. To appear briefly: A smile flickered on her face. v.tr. To cause to move waveringly. n. 1. A brief movement; a tremor. 2. An inconstant or wavering light. 3. A brief or slight sensation: a flicker of doubt. [Middle English flikeren, to flutter, from Old English flicerian.]