Roll down

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Roll down

To move to an option position with a lower exercise price.

Roll Down

To liquidate one option in order to buy a similar one with a better strike price. Most often, rolling down refers to an investor who wishes to maintain a position when he/she is bearish on the price of the underlying. See also: Roll Up.
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Again the ashes slipped and crumbled; some stones rolled down, and fell with a dull, heavy sound upon the ground below.
So capriciously were the people moved, that tears immediately rolled down several ferocious countenances which had been glaring at the prisoner a moment before, as if with impatience to pluck him out into the streets and kill him.
Fortunately, both Julia and her mother were too much engaged to perceive the tears that rolled down the cheeks of the poor stranger, as she read the honest declaration of a fervid and manly love, nor did either detect the manner in which the letter was pressed to Mademoiselle Hennequin's heart, when she had done reading it the second time.
My first impulse was to run for it; but, in endeavouring to rise, I fell back, and rolled down a little grassy precipice.
The Beauforts had been among the first people in New York to own their own red velvet carpet and have it rolled down the steps by their own footmen, under their own awning, instead of hiring it with the supper and the ball-room chairs.
Scanty grass took the place of the fine trees of the east; only a few belts of half-scorched herbage still contended against the invasion of the sand, and the huge rocks, that had rolled down from the distant summits, crushed in their fall, had scattered in sharp-edged pebbles which soon again became coarse sand, and finally impalpable dust.
Oh, that would not do--that would be worse than anything," she said with a more childlike despondency, while the tears rolled down.
The tear that would not come when Rose sat waiting for it came now of its own accord two of them in fact and rolled down her cheeks, telling the tale of love and sorrow better than any words could do it.
His face was drawn and strained, and the sweat rolled down his nose from his forehead.
Bumble gazed sternly upon him, it rolled down his cheek.
Oh dear, Luke," said Maggie, in a piteous tone, while the big tears rolled down her cheek; "Tom told me to take care of 'em, and I forgot.
The yeomen roared with merriment, and as for the knight, he laughed till the tears came out of his blue eyes and rolled down his face.