Array and Combination

noun

• An orderly arrangement.
  • usage: "an array of troops in battle order"
• An impressive display.
  • usage: "it was a bewildering array of books"; "his tools were in an orderly array on the basement wall"
• Especially fine or decorative clothing.
  • synonyms: raiment, regalia
• An arrangement of aerials spaced to give desired directional characteristics.

verb

• Lay out orderly or logically in a line or as if in a line.
  • usage: "lay out the clothes"; "lay out the arguments"
  • synonyms: range, lay out, set out
• Align oneself with a group or a way of thinking.
  • synonyms: align

• (n.) Order; a regular and imposing arrangement; disposition in regular lines; hence, order of battle; as, drawn up in battle array.
• (n.) To deck or dress; to adorn with dress; to cloth to envelop; -- applied especially to dress of a splendid kind.
• (n.) To place or dispose in order, as troops for battle; to marshal.
• (n.) The whole body of jurors summoned to attend the court.
• (n.) To set in order, as a jury, for the trial of a cause; that is, to call them man by man.
• (n.) A ranking or setting forth in order, by the proper officer, of a jury as impaneled in a cause.
• (n.) The whole body of persons thus placed in order; an orderly collection; hence, a body of soldiers.
• (n.) An imposing series of things.
• (n.) Dress; garments disposed in order upon the person; rich or beautiful apparel.
• (n.) The panel itself.

noun

• A collection of things that have been combined; an assemblage of separate parts or qualities.
• A coordinated sequence of chess moves.
• A sequence of numbers or letters that opens a combination lock.
  • usage: "he forgot the combination to the safe"
• A group of people (often temporary) having a common purpose.
  • usage: "they were a winning combination"
• An alliance of people or corporations or countries for a special purpose (formerly to achieve some antisocial end but now for general political or economic purposes. )
• The act of arranging elements into specified groups without regard to order.
• The act of combining things to form a new whole.
  • synonyms: combining, compounding

• (n.) The act or process of combining or uniting persons and things.
• (n.) The different arrangements of a number of objects, as letters, into groups.
• (n.) The act or process of uniting by chemical affinity, by which substances unite with each other in definite proportions by weight to form distinct compounds.
• (n.) The result of combining or uniting; union of persons or things; especially a union or alliance of persons or states to effect some purpose; -- usually in a bad sense.

Applies to derivative products. Arrangement of options involving two long or two short positions with different expiration dates or strike (exercise) prices. See: Straddle.