A disease in horses and swine, in which the upper part of the throat, or groups of lymphatic glands elsewhere, swells.

Highly contagious disease caused by Streptococcus Equi. Also called distemper.

Bacterial respiratory disease caused by Streptococcus equii causing swollen abscessed glands.

A combination of a put and a call options with different strike prices but with the same expiration. A large move in either direction will be profitable. However, a larger move must occur with long strangle than with long straddle before a profit is realized. Most strangles use Out-of-the-Money options.