short straddle
Word Rarity
Rare
Frequency: Zipf frequency 2.77 in modern English
18
Scrabble Score
13
Letters
3
Syllables
9
Unique Chars
Meaning
noun
An investment position in a futures deal, where the trader places a call order and a put order at the same time on the same item, in hopes of the item remaining at the same price when the order expires, neither falling nor rising, straddling the divide, so as to reap the premiums of the unexercised call and put.
Inflected Forms
short straddles (plural)