Straddle (also used in German, more rarely Grätsche; straddle = to stand with legs spread apart)

The purchase or sale of an equal number of puts and calls having the same terms and conditions. – Option in which – against payment of a premium – the principal acquires the right – within a certain period of time – to buy (call transaction) and/or sell (put transaction) an underlying asset at a certain price or – to forego a transaction altogether.- In betting and also financial betting, the doubling of the stake (a method of betting where the previous bet is doubled). – See Butterfly Spread, Candidate Bet, Option, Spread Bet, Stella Transaction, Strangle.

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/