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Meaning of “straddle” in the English Dictionary

"straddle" in British English

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straddleverb [T]

uk   /ˈstræd.əl/  us   /ˈstræd.əl/
to sit or stand with your legs on either side of something: He pulled on his helmet and straddled the motorbike.
Something that straddles a line, such as a border or river, exists on each side of it or goes across it: Our farm straddles the railway line.
to combine different styles or subjects: It's described as a new kind of dance music which straddles jazz and soul.
mainly US disapproving to be unable to decide which of two opinions about a subject is better and so partly support both opinions: It's not the first time this year that the president has been accused of straddling an issue.
(Definition of straddle from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"straddle" in American English

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straddleverb [T]

 us   /ˈstræd·əl/
to have or put your legs on either side of something: Grace straddled her chair.
To straddle something is also to be unable to decide which of two opinions about something is better, and so to partly support both opinions: The president has tried to straddle the issue of political fund-raising.
(Definition of straddle from the Cambridge Academic Content Dictionary © Cambridge University Press)

"straddle" in Business English

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straddlenoun [C]

uk   us   /ˈstrædl/ (also strangle) FINANCE, STOCK MARKET
a situation in which an investor buys or sells both a call option (= agreement to buy shares at a fixed price before or on a fixed date) and a put option (= agreement to sell shares at an agreed price before or on a particular date): There is a lower level of initial margin on straddle positions because the daily price movements are likely to be lower than in the individual contracts.
long straddle
a situation in which an investor buys both a call option and a put option on the same shares because they think that there will be a big change in the share price but they do not know if it will go up or down
short straddle
a situation in which an investor sells both a call option and a put option on the same shares because they think that the share price will probably stay the same
(Definition of straddle from the Cambridge Business English Dictionary © Cambridge University Press)
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“straddle” in Business English

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