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plural leggings
A covering, usually of leather, worn from knee to ankle. examples
Tight fitting leg coverings worn, for example, to gym. examples
One of the legs of a pair of trousers. examples
The process of putting a series of three or more options strikes into the stock market. quotations examples
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.
2000, Michael Williams, Amy Hoffman, Fundamentals of Options Market, McGraw Hill Professional, page 128
present participle and gerund of leg examples