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.
Displays are made up by the manufacturer or vendor. A prepack is a number of variants of one or more generic articles that are sold as individual item. A prepack has an own article number, purchase price and purchase price conditions. Unlike displays the componenets in prepacks must belong to the same merchandise category as tthe prepack itself. Hope this helps.