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Wordage.info / straddle

Exact Match:

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
the act of sitting or standing astride
a gymnastic exercise performed with a leg on either side of the parallel bars
a noncommittal or equivocal position
be noncommittal
sit or stand astride of