Roll Back

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Roll Back

To sell an option position and buy another with the same underlying asset and strike price, but with an earlier expiration date. One may also call this rolling backward.
References in periodicals archive ?
CCTV showed that the dog knocked the truck out of gear and it rolled backward across the street, threading its way through traffic and out of view.
One man died and another was injured Thursday in Hiroshima when an unmanned Mitsubishi truck suddenly rolled backward on a sloping bridge where it had been parked, police said.
At some point between leaving the van and wiping down the P-3C, the van had rolled backward three parking spots and had hit a parked aircraft.
The aircraft was preparing to take off for New York with 97 passengers and six crew members on board when the unoccupied fire truck rolled backward into the Boeing 757's fuselage near the right wing.
By applying a comfortable amount of downward pressure, it can be easily rolled backward or forward to achieve excellent adhesion, According to Ruskay, the roller works well and applies coverage in corners and right-angled sides.
Witnesses said that Kim Jong Nam was experiencing seizure symptoms and his eyes rolled backward into his head in court. North Korea is widely believed to have orchestrated the killing.
TEMPLETON - A local man was arrested early yesterday morning after fleeing his pickup truck, which rolled backward, damaging a police cruiser parked behind it, police said.
Anton Yelchin's parents are suing Fiat Chrysler for the "wrongful death" of their 27-year-old son. The late "Star Trek" actor was killed this past June after his Jeep rolled backward in his Los Angeles driveway and pinned him against his security gate.
Glossop gave it another try, and the tank rolled backward again through another guardrail and down an embankment.
A woman fell and suffered a head injury when she tried to hop into her vehicle and stop it before it rolled backward along a residential street off Willakenzie Road in north Eugene on Wednesday, police said.
Authorities say she was similarly inebriated 22 hours later when the pickup truck she was driving rolled backward into a Eugene police car during a traffic stop.
Although the pickup's emergency brake was engaged, the vehicle rolled backward onto Martin when he inadvertently clicked it into reverse.