roll

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Related to roll with the punches: roughshod, up to par

Roll

1. To buy or sell an option and then later buy or sell the same option with a different strike price because one believes the price trend will continue. For example, suppose one buys a call option giving one the right but not the obligation to buy a stock at $10. One does this if one believes the underlying price will be above $10 when the option expires. However, if it appears near expiration that the option is well above $10 and likely will continue to, say, $20, one may buy another call option with a longer expiration and a strike price of $14 in order to capture higher gains. Rolling options may provide an investor with time to take full advantage of a prolonged price trend. It may be done with both call options and put options.

2. See: Roll over.

roll

See roll over.
References in periodicals archive ?
While rooted firmly in the blues, Roll With The Punches also takes in Sam Cooke's Bring It On Home To Me, benefitting from Jeff Beck's blistering guitar, Sister Rosetta Tharpe's uplifting How Far From God and Van shuffling in on the concluding, inimitable Bo Diddley beat with Ride On Josephine.
Van adds: "The songs on Roll With The Punches, whether I've written them or not, are all performance oriented.
If something goes wrong with the technology or if they have to fill in more time, they have to roll with the punches.
However, one can either throw in the towel or roll with the punches in this fallen creation and come back swinging and grinning.
How fast and how competently you learn to roll with the punches can affect your entire CEO career.
No one can control all the variables in life, so be flexible and roll with the punches.
You sort of just have to get use to it and roll with the punches.
You roll with the punches and there have been some punches in the past few years," he said.