strad
/stræd/
noun
- Short for 'Stradbroke' or 'Stradford', used as a nickname or abbreviation.
- The team from Strad won the championship last year.
- He grew up on Strad Island and loved the beaches there.
- She lives on Strad Road near the old mill.
- Short for 'Straddle' in finance or gambling, meaning a type of bet or position.
- The poker player placed a strad to increase the action.
- In options trading, a strad involves buying both a call and a put.
- He used a strad strategy to profit from market volatility.