1 definition by The Polish Straddler
In finance, a Polish Straddle is an investment strategy involving the purchase/sale of particular option derivatives and/or shares that completely cancel each other out.
W: I'm long 500 shares of BAC at $7 and short 5 call options with a strike price of $7.
A: So you're net long 0 shares.
W: ... ... ... Doh!
A: Ahh the Polish Straddle strikes again!
A: So you're net long 0 shares.
W: ... ... ... Doh!
A: Ahh the Polish Straddle strikes again!
by The Polish Straddler August 26, 2011