straddle

1. A posture in which one straddles something.
2. An investment strategy involving simultaneous trade with put and call options on same security with positions that offset one another.
3. A voluntary raise made prior to receiving cards by the first player after the blinds.
4. A vertical mine-timber supporting a set.

1. To sit or stand with a leg on each side of something; to sit astride.
2. To be on both sides of something; to have parts that are in different places, regions, etc.

   Putin seems to be everywhere at once, straddling the ocean, filling the sky, just like Stalin.

3. To consider or favor two apparently opposite sides; to be noncommittal.

   Wanting to please both sides, he straddled the issue.

4. To form a disorderly sprawl; to spread out irregularly.

   Conservation and Management of Straddling Fish Stocks and Highly Migratory Fish Stocks

5. To fire successive artillery shots in front of and behind of a target, especially in order to determine its range (the term "bracket" is often used instead).
6. To place a voluntary raise prior to receiving cards (only by the first player after the blinds).
7. To stand with the ends staggered; said of the spokes of a wagon wheel where they join the hub.
8. To execute a commodities market spread.

adverb

Astride.