strangle

IPA: strˈæŋgʌɫ

(finance) A trading strategy using options, constructed through taking equal positions in a put and a call with different strike prices, such that there is a payoff if the underlying asset's value moves beyond the range of the two strike prices.

(transitive) To kill someone by squeezing the throat so as to cut off the oxygen supply; to choke, suffocate or throttle.
(transitive) To stifle or suppress.
(intransitive) To be killed by strangulation, or become strangled.
(intransitive) To be stifled, choked, or suffocated in any manner.

Examples of "strangle" in Sentences

A large position known as a "strangle" in AMR 's options also traded.
Sometimes it's called strangle weed because it kills the plant it grows on.
Employing a strategy known as a "strangle," traders bought both calls and puts expiring in August.
Midway through the session, one large trader pursued a "strangle" -- buying November $105 calls and November $60 puts.
In March contracts, traders were taking a so-called strangle trade, a combination of call and put options at different strike prices.
Midway through the session, a large trader appeared to have sold a "strangle" -- selling an equal number of November $27 calls and November $24 puts -- and simultaneously bought January $25 puts.
Setting up a trade known as a "strangle," an investor purchased 2,500 puts that grant the right to sell shares for $49 by next month, as well as calls that grant the right to buy shares for $50 by the same expiry.