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- Dictionarystraddle/ˈstradl/
verb
- 1. sit or stand with one leg on either side of: "he turned the chair round and straddled it" Similar
noun
- 1. an act of sitting or standing with one's legs wide apart: "a sideways-on stance such as a straddle"
- 2. a simultaneous purchase of options to buy and to sell a security or commodity at a fixed price, allowing the purchaser to make a profit whether the price of the security or commodity goes up or down.
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