Roll down

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Roll down

To move to an option position with a lower exercise price.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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Mohammed said: "The handbrake wasn't on and the car rolled down the hill and into the post.
when a boulder rolled down from 8-feet high slopes and hit him, rendering him unconscious and trapped.
Andy Carter, senior winners' adviser at the National Lottery, said: "It's great news for thousands of Lotto players who have won even bigger prizes after the jackpot rolled down in the 'Must Be Won' Lotto draw on Saturday night."
"When he was in this morning, the car rolled down from the car park across the main road, across the entrance road and had come flying through our back fence."
The huge boulder had rolled down from a mountain on to the road in Udhampur district's Kheri area early in the day, a Traffic Department official said.
"If the trees weren't there it could have rolled down further towards the houses."
The prize had to be won last night but no ticket had all six numbers so it rolled down to a punter matching five numbers and the bonus ball.
A MAN is in hospital with serious spinal injuries after his car rolled down a hill and crashed into a tree in County Durham.
"We have had complaints from the farmer who owns the fields as his hay bales have been set alight, and rolled down the hill.
Jammu -- 21 people died and at least 30 others were injured, six of them critically, when a bus they were travelling in rolled down into a deep gorge in Udhampur district of occupied Jammu and Kashmir on Monday.
Witnesses say it rolled down the street, through an intersection and into the house, causing minor damage.
"In a tragic road accident early this morning five women were killed and 15 others injured after a tractor trolley they were travelling in rolled down into gorge at Kanachak," said a police officer posted at police control room in Jammu.