straddle

Etymology

As a verb, attested since the 1560s. Most likely, an alteration of dialectal striddle. The noun is first attested in the 1610s.

verb

1. (transitive) To sit or stand with a leg on each side of something; to sit astride.
   As they approached the entrance of the port, the giant straddled clear across it, with a foot firmly planted on each headland, 1853, Nathaniel Hawthorne, The Minotaur
2. (transitive) To be on both sides of something; to have parts that are in different places, regions, etc.
   The mountain-ringed Yukon Flats basin straddles the Arctic Circle and is bisected by the Yukon River. 1978, Jimmy Carter, Proclamation 4627
3. (transitive) To consider or favor two apparently opposite sides; to be noncommittal.
   Wanting to please both sides, he straddled the issue.
4. (transitive) To form a disorderly sprawl; to spread out irregularly.
   This weed straddles the entire garden.
   Conservation and Management of Straddling Fish Stocks and Highly Migratory Fish Stocks
5. (military) 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. (poker) To place a voluntary raise prior to receiving cards (only by the first player after the blinds).
7. (intransitive) To stand with the ends staggered; said of the spokes of a wagon wheel where they join the hub.
8. (economy) To execute a commodities market spread.

noun

1. A posture in which one straddles something.
2. (military) A pair or salvo of successive artillery shots falling both in front of and behind a target.
   The first salvo fell short; the next was long; the third was a straddle.
3. (finance) An investment strategy involving simultaneous trade with put and call options on the same security at the same strike price, giving a non-directional position sensitive to volatility.
4. (poker) A voluntary raise made prior to receiving cards by the first player after the blinds.
5. (mining) A vertical mine-timber supporting a set.

adv

1. Astride.