HomeDefinitionsCompareDebt StraddleThe financial definition for Straddle:Purchase or sale of an equal number of puts and calls with the same terms at the same time. Related: Spread. Similar MatchesCalendar Straddle or CombinationCalendar Straddle or CombinationSee Calendar Spread. Covered StraddleCovered StraddleAn option strategy in which one call and one put with the same strike price and expiration are written against 100 shares of the underlying stock. In actually, this is not a "covered" strategy because asignment on the short put would require purchase of stock on margin. This method is also know as a covered combination. Covered Straddle WriteCovered Straddle WriteThe term used to describe the strategy in which an investor owns the underlying security and also writes a straddle on that security. This is not really a covered position. Further SuggestionsShort straddleTax straddle Click to compare definitions of Straddle Click to view definitions beginning st |