STRADDLE n.
A stock option giving the holder the double privilege of a "put" and a "call," i. e., securing to the buyer of the option the right either to demand of the seller at a certain price, within a certain time, certain securities, or to require him to take at the same price, and within the same time, the same securities. [B…
TAKE v.
cing. -- To take part with, to unite with; to join with. -- To take place, root, sides, stock, etc. See under Place, Root, Side, etc. -- To take the air. (a) (Falconry) To seek to escape by trying to rise higher than the falcon; -- said of a bird. (b) See under Air. -- To take the field. (Mil.) See under Field. --…