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to be on both sides of something; to sit or stand with one leg on each side
straddle(noun)a noncommittal or equivocal position
straddle(noun)a gymnastic exercise performed with a leg on either side of the parallel bars
straddle, span(noun)the act of sitting or standing astride
straddle(verb)the option to buy or sell a given stock (or stock index or commodity future) at a given price before a given date; consists of an equal number of put and call options
straddle(verb)sit or stand astride of
range, straddle(verb)range or extend over; occupy a certain area
"The plants straddle the entire state"
straddle(verb)be noncommittal
to avoid giving a definite answer or positionI'd straddle the fence long enough and it was time to make a decision.