A straddle is any set of offsetting positions on personal property. One example, is a put and call option on the same number of shares of a particular security, with the same exercise price and expiration date.
Definition of flack for English Language Learners. : a person whose job is to make people like or be interested in someone or something.
2 Answers. Quora User. The Meaning of âHackâ - originally a hack was a clever or ingenious way of accomplishing something, often mischievous but rarely malicious, and often by the use of technology. A hacker was a term of honour, someone who really knew his/her way around technology.