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.
cuck (third-person singular simple present cucks, present participle cucking, simple past and past participle cucked) (obsolete) To punish (someone) by putting them in a cucking stool. 1611, Thomas Middleton and Thomas Dekker, The Roaring Girle: Follow the law, and you can cucke mee, spare not.