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straddles

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  1. 1. n a noncommittal or equivocal position n a gymnastic exercise performed with a leg on either side of the parallel bars n the act of sitting or standing astride n 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 sit or stand astride of v range or extend over; occupy a certain area v be noncommittal Source: ecdict

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