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verb [with object]
sit or stand with one leg on either side of:he turned the chair around and straddled it place (one’s legs) wide apart:he shifted his legs, straddling them to keep his balance [no object] archaic stand, walk, or sit with one’s legs wide apart. extend across or be situated on both sides of:a mountain range straddling the Franco-Swiss border North American take up or maintain an equivocal position with regard to (a political issue):a man who had straddled the issue of taxes
1an act of sitting or standing with one’s legs wide apart. 2 Stock Market a simultaneous purchase of options to buy and to sell a security or commodity at a fixed price, allowing the purchaser to make a profit whether the price of the security or commodity goes up or down.