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.
barrack (plural barracks) ( 1 military, chiefly in the plural) A building for soldiers, especially within a garrison; originally referred to temporary huts, now usually to a permanent structure or set of buildings.