Definitions
1.nounA 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.
2.verbTo kill someone by squeezing the throat so as to cut off the oxygen supply; to choke, suffocate or throttle."He strangled his wife and dissolved the body in acid."
3.verbTo stifle or suppress."She strangled a scream."
4.verbTo be killed by strangulation, or become strangled."The cat slipped from the branch and strangled on its bell-collar."
5.verbTo be stifled, choked, or suffocated in any manner.