Copyright © Philip M. Parker, INSEAD. Terms of Use.
Definition: Straddle |
StraddleNoun1. The act of sitting or standing astride. 2. 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. Verb1. Sit or stand astride of. 2. Range or extend over; occupy a certain area; "The plants straddle the entire state". 3. Be noncommittal. Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved. |
Date "straddle" was first used in popular English literature: sometime before 1765. (references) |
| Domain | Definition |
Finance | Option strategy established by purchasing or writing an equal number of puts and calls having the same underlying asset, expiration date and striking price. Source: European Union. (references) |
| The simultaneous sale and purchase of call and put options or of different terms in the same financial futures or commodity market. Source: European Union. (references) | |
Geography | Fault with a dip of 45 degrees or less over much of its extent, or whose hanging wall appears to have moved upward relative to the footwall. Horizontal rather than vertical displacement is its characteristic feature. Source: European Union. (references) |
Industry | The ground end is drawn through the ground or jumper harness and between the -- formed by the first and second standards. Source: European Union. (references) |
Mining | A vertical mine timber, esp. one supporting a set in a shaft. (references) |
Source: compiled by the editor from various references; see credits. | |
(From Wikipedia, the free Encyclopedia)
In finance, a straddle is an investment strategy involving the purchase or sale of particular derivative securities.A long straddle involves going long (i.e. buying) a call and put option on some stock, interest rate, index or other underlying. The two options are typically bought at the same strike and expiry at the same time. The owner of a long straddle makes a profit if the underlying price is a long way from (either above or below) the strike price. Thus an investor make take a long straddle position if he thinks the market is highly volatile but does not know in which direction it is going to move.
Conversely a short straddle is the exact opposite position, i.e. going short (selling) the two options. The investor makes a profit if the underlying price is close to the strike at expiry. Thus the investor thinks the markets are unlikely to move much between purchase and expiry of the options. A straddle position is highly risky.
Nick Leeson took short straddle positions when chasing losses he had run up for his employer, Barings Bank. He had initially invested in futures on the Nikkei 225 stock index. Following a dramatic fall in the market, largely due to the Kobe earthquake, Leeson lost millions. He tried to re-coup these losses by investing in the higher risk, but potentially more rewarding, straddles. He bet that the Nikkei would stabilise and stay in a range around 19,000. His bet failed and losses escalated to $1.4bn, causing the bankruptcy of Barings.
Source: adapted by the editor from Wikipedia, the free encyclopedia under a copyleft GNU Free Documentation License (GFDL) from the article "Straddle."
Synonyms: StraddleSynonyms: span (n), range (v). (additional references) |
| Antonym: side (v). (additional references) |
| Context | Synonyms within Context (source: adapted from Roget's Thesaurus). |
Journey | Walk, march, step, tread, pace, plod, wend, go by shank's mare; promenade; trudge, tramp; stalk, stride, straddle, strut, foot it, hoof it, stump, bundle, bowl along, toddle; paddle; tread a path. |
Mart | Verb: speculate, invest, trade, trade stocks, play the market; buy long, sell short, take a position, straddle; take a plunge, plunge in, take a flier. |
Support | Adverb: astride on, straddle. |
Tergiversation | Trim, shuffle, play fast and loose, blow hot and cold, coquet, be on the fence, straddle, bold with the hare but run with the hounds; nager entre deux eaux; wait to see how the cat jumps, wait to see how the wind blows. |
| Source: adapted from Roget's Thesaurus. | |
Crosswords: Straddle |
| English words defined with "straddle": range ♦ Straddled, Straddling. (references) |
| Specialty definitions using "straddle": BOAT-HOIST OPERATOR ♦ long straddle ♦ rerailer ♦ straddle buy, straddle purchase ♦ trace-by-trace plotting. (references) |
| Etymologies containing "straddle": Astraddle. (references) |
| Domain | Usage | |
Lyrics | Straddle the line, in discord and rhyme (Hungry Like the Wolf; performing artist: Duran Duran) Without a paddle, you left to straddle (Ms. Jackson; performing artist: Outkast) | |
Source: compiled by the editor from various references; see credits. | ||
| Domain | Title |
References | |
Music |
|
Source: compiled by the editor from various references; see credits. | |
| Title | Author | Quote |
Grapes of Wrath | Steinbeck, John | Straddle it, drag it between your legs |
Source: compiled by the editor from various references. | ||
| Subject | Topic | Quote |
Business | All types of port equipment used in Thailand are imported, especially heavy machinery such as Cranes, Side Loaders, Reach Stackers, Straddle Carriers, Yard Tractors, Trailers, and Fork Lifts. (references) | |
Procurement of Ro-Ro equipment (trucks, straddle carriers and a mobile container crane) is also expected, since facilities will need to be doubled by 2005 in order to handle the forecasted traffic. (references) | ||
Economic History | Eritrea | Terrain: Central highlands straddle escarpment associated with Rift Valley, dry coastal plains, and western lowlands. (references) |
Singapore | Singapore's economy is denominated by foreign multinational corporations (MNCs) and corporations owned entirely or partially by the Singapore government (i.e., "government-linked companies," or GLCs). GLCs straddle all major sectors of the economy, while MNCs are mainly concentrated in the manufacturing sector. (references) | |
Cote D'ivoire | Ocean Energy's Lion and Panther gas fields officially came into production in 1995 and the Apache/Bouygues (French) Foxtrot field (1.15 mn cubic meters/day building to 1.4 mn cubic meters/day in 2001) came on line in December 1998. A Straddle plant for the Lion gas field production came on line in late 1998 with the possibility of producing about 25,000 mt/year of LPG. The gas supplied by both companies currently goes mainly to power electrical generating plants in Côte d'Ivoire. (references) | |
Source: compiled by the editor from ICON Group International, Inc.; see credits. | ||
| "Straddle" is generally used as a lexical verb (infinitive) -- approximately 48.08% of the time. "Straddle" is used about 52 times out of a sample of 100 million words spoken or written in English. Its rank is based on over 700,000 words used in the English language. Some parts-of-speech are not covered due to the samples used by the British National Corpus. (note: percents less than one-hundredth of one percent have been omitted) |
| Parts of Speech | Percent | Usage per 100 Million Words | Rank in English |
| Lexical Verb (infinitive) | 48.08% | 25 | 69,787 |
| Lexical Verb (base form) | 32.69% | 17 | 85,106 |
| Noun (singular) | 19.23% | 10 | 111,207 |
| Total | 100.00% | 52 | N/A |
Source: compiled by the editor from several corpora; see credits.
Expressions using "straddle": artificial straddle ♦ long straddle ♦ simulated straddle ♦ straddle buy ♦ straddle out ♦ straddle purchase. Additional references. | |
| Hyphenated Usage | |
Beginning with "straddle": straddle-leg, straddle-legged. | |
Ending with "straddle": a-straddle. | |
| Source: compiled by the editor from various references; see credits. | |
| The following statistics estimate the number of searches per day across the major English-language search engines as identified by various trade publications. Hyperlinks lead to commercial use of the expression at Amazon.com. |
| Language | Translations for "straddle"; alternative meanings/domain in parentheses. | |
Albanian | pushtoj (carry, conquer, creep over, enfold, engross, envelop, fold, hog, invade, jump, obsess, overcome, overreach, overrun, overtake, overwhelm, pervade, possess, reach, reduce, reign, rush back, seize, smite, sweep, take, take a fancy to, take possession of), nuk jam as andej as këndej, hap këmbët (sprawl). (various references) | |
Arabic | فرشخة يباعد ما بين رجليه, فرشخة, فرشخ, حدق بهدف, إمتطى (mount, ride), أيد جانبي قضية ما, ركب (assemble, compact, compose, construct, fabricate, frame, mount, prepare, put together, ride, rig up, set, set up, superimpose). (various references) | |
Bulgarian | срочна сделка (futures), удвояване на мизата, удвоявам мизата, разтварям крака, разкрачване, разкрачвам се, разкрач (stride), хващане във вилка, хващам във вилка, колеблива политика, възсядам (sit), двойствена политика. (various references) | |
Chinese | 跨立 (Straddled, Straddling). (various references) | |
Czech | stát rozkroèmo, sedìt obkroèmo, rozkroèit se. (various references) | |
Danish | overskydningsforkastning (overthrust, thrust, thrust fault), overskydning (overthrust, rafting, thrust, thrust fault), betinget ordre (contingent order, matched orders, switch order). (various references) | |
Dutch | straddle carrier, overschuiving (overthrust, thrust, thrust fault), gekoppelde order (contingent order, matched orders, switch order). (various references) | |
Farsi | میان دوپاقراردادن , گشادنشینی , گشادنشستن (Scrawl, Sprawl), گشادگشادراه رفتن (Stride), گشادایستادن , گشادبازی (Risk), سوارشدن (Back, Board, Ride). (various references) | |
Finnish | työntösiirros (overthrust, thrust, thrust fault), lukkitrukki, lukki. (various references) | |
French | straddle, stellage, ordre lié, opération liée, opération jumelée, enjamber (stride over), enfourcher, encadrer, chevauchement, cavalier (staple), califourchon, être califourchon, écartement. (various references) | |
German | spreizen (splay, spread). (various references) | |
Greek | καβαλάρης οροφής, εντολή "υπό αίρεση" (contingent order, matched orders, switch order), εφίππευση (overthrust, thrust, thrust fault), ανοίγω τα σκέλη, αμφιρρέπω (vacillate, waver), δρασκελίζω (lope, stride over), διασκελισμόσ, διασκελίζω (bestride, stride). (various references) | |
Hebrew | לשבת בפשוק ר'לים, לפשק ר'לים, לפשק (divaricate, open wide, stretch), לפ'וע מסביב למטר", לעמו" בפשוק ר'לים, פשוק (divarication). (various references) | |
Hungarian | terpeszállás (stride), lovaglóülés. (various references) | |
Indonesian | mengangkang (astride, strideways). (various references) | |
Italian | straddle, stare in groppa, stare a cavalcioni, ordine limitato (contingent order, matched orders, switch order), ordine legato (contingent order, matched orders, switch order), essere titubante. (various references) | |
Japanese Kanji | 日'見 , 大股 (longsteps, longstride). (various references) | |
Japanese Katakana | おおまた (longsteps, longstride), ひよりみ. (various references) | |
Manx | shassoo scart, scarrey goal, maidjey (bail, bail in stable, bar, bar on doorway, bat, boarding, club, cue, lever, pitprop, pointer, pole, rod, stick, wooden), bwoalley daaheuagh. (various references) | |
Pig Latin | addlestray.(various references) | |
Portuguese | posição escarranchada, pórtico automóvel, cavalgamento (overthrust, thrust, thrust fault), atitude indecisa. (various references) | |
Romanian | sta crãcãnat, sta cãlare, salvã de învãluire, umbla crãcãnat, trage salve de învãluire, rãscrãcãnare, politicã de duplicitate, nu lua atitudine, merge cãlare, fi cãlare pe, fi în expectativã cu, crãcãna (sprawl), cãlãri pe (jockey), încãleca pe, ţine o chestiune în suspensie. (various references) | |
Russian | сидеть верхом на, сидеть верхом, расставлять ноги, вести двойную игру (deal doubly). (various references) | |
Serbo-Croatian | urakljiti (bracket), opkoračiti (bestride). (various references) | |
Spanish | straddle, solape (lap, overlap, overthrust, thrust, thrust fault), solapadura (overthrust, thrust, thrust fault), sobreposición (overlap, overlapping, overthrust, thrust, thrust fault), puente (bridge, bridgework, deck-bridge), montar a horcajadas (stride), grapón (dog spike, rail spike, railroad spike, screw spike, spike, staple, track spike), esparrancarse encima de. (various references) | |
Swedish | stå bredbent. (various references) | |
Thai | สนับสนุนทั้งสองฝ่าย, ถ่างขา, การสนับสนุนทั้งสองฝ่าย, การถ่างขา, คร่อม (astride). (various references) | |
Turkish | iki tarafı da idare etmek (play a double game), iki arada bir derede kalmak (seesaw between two opinions), eline bakmadan potu iki katına çıkarmak, bacaklarını ayırarak yürümek, bacaklarını açarak durmak, bacaklarını açarak durma, bacakları ayırma, ata biner gibi oturmak (bestride, stride), ata biner gibi oturma, apışıp kalmak (be baffled, be gravelled, be nonplused), çift opsiyon işlemi. (various references) | |
Ukrainian | широко розставляти ноги, широкий крок. (various references) | |
| Source: compiled by the editor from various translation references. | ||
| Language | Period | Translations |
| Latin | 500 BCE-Modern | praevaricans, praevaricantes, praevaricantur, praevaricari, praevaricata, praevaricati, praevaricator, praevaricatorum, praevaricatricis, praevaricatrix, praevaricatus, praevaricemur. (various references) |
| Source: compiled by the editor from various references. | ||
Derivations | |
Words beginning with "straddle": straddled, straddler, straddlers, straddles. (additional references) | |
Words ending with "straddle": astraddle. (additional references) | |
| |
"Straddle" is suggested in spellcheckers for the following: spraddle, spraddled, stardle, straddler, strade, stradle, stridle, struddle, strudle. (additional references) | |
| Source: compiled by the editor, based on several corpora (additional references). | |
| # of Phoneme Matches | Pronunciation | Word(s) rhyming with "straddle" (pronounced stra"dul) |
| 7 | s t r a" d u l | astraddle. |
| 4 | -a" d u l | addle, paddle, saddle. |
| 3 | -d u l | alkaloidal, antipodal, backpedal, beadle, Bedell, befuddle, bindle, Boodle, bridal, bridle, Brindle, bundle, caboodle, candle, caudal, caudle, Coddle, colloidal, cradle, cuddle, dawdle, Doodle, dwindle, feudal, fiddle, fondle, genocidal, girdle, handle, homicidal, huddle, hurdle, idle, idol, idyll, spindle, suicidal, supermodel, swindle, intermodal, intertidal, kindle, ladle, manhandle, medal, meddle, middle, minoxidil, mishandle, modal, model, mollycoddle, muddle, needle, noodle, panhandle, pedal, peddle, Piddle, poodle, puddle, pyramidal, rekindle, remodel, rhizoidal, riddle, Ruddle, Rundle, sandal, scandal, Seidel, sidle, tidal, toddle, trundle, twaddle, Tweedle, twiddle, unbundle, vandal, Waddle, Wedel, widdle, Windle, yodel. |
Source: compiled by the editor (additional references); see credits. | ||
Scrabble® Enable2K-Verified Anagrams | |
| Words within the letters "a-d-d-e-l-r-s-t" | |
-1 letter: addrest, dartled, dartles, ladders, raddles, saddler, staddle. | |
-2 letters: adders, addles, alders, alerts, alters, artels, darted, dartle, daters, deltas, derats, desalt, dreads, estral, ladder, laders, larded, lasted, laster, raddle, ratels, readds, sadder, saddle, salted, salter, slated, slater, staled, staler, stared, stelar, talers, traded, trades, treads. | |
-3 letters: adder, addle, alder, alert, alter, arles, artel, aster. | |
| Words containing the letters "a-d-d-e-l-r-s-t" | |
+1 letter: astraddle, straddled, straddler, straddles, twaddlers. | |
+2 letters: disrelated, saddletree, stepladder, straddlers. | |
+3 letters: balustraded, bladdernuts, saddletrees, stadtholder, stepladders, stridulated, taradiddles. | |
+4 letters: bladderworts, demodulators, distractedly, stadtholders, standardless, tarradiddles. | |
+5 letters: dastardliness, discreditable, discreditably, disenthralled, multistranded, understatedly. | |
| Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro. | |
| 1. Definition 2. Synonyms 3. Crosswords 4. Usage: Modern | 5. Usage: Commercial 6. Images: Slideshow 7. Quotations: Fiction 8. Quotations: Non-fiction | 9. Usage Frequency 10. Expressions 11. Expressions: Internet 12. Translations: Modern | 13. Translations: Ancient 14. Derivations 15. Rhymes 16. Anagrams | 17. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.
