legging

Etymology

leg +‎ -ing

Pronunciation

• IPA^(key): /lɛɡ.ɪŋ/
• Rhymes: -ɛɡɪŋ

Noun

legging (plural leggings)

1. A covering, usually of leather, worn from knee to ankle.
2. Tight fitting leg coverings worn, for example, to gym.
3. One of the legs of a pair of trousers.
   • Take the legging and turn up the cuff.
4. The process of putting a series of three or more options strikes into the stock market.
   • 2000, Michael Williams, Amy Hoffman, Fundamentals of Options Market (McGraw Hill Professional, page 128)

     As a practical matter, you cannot put on these positions simultaneously at reasonable prices. In order to achieve these positions at a reasonable risk/reward profile, you must put the positions in a series of separate trades. This process is called legging.

Verb

legging

1. present participle of leg

Anagrams

• eggling

Etymology 1

From leggen +‎ -ing.

Etymology 2

Borrowed from English legging.