roll

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Related to Rolling-pin: Belan, Oklava

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 classic literature ?
Tom Kitten bit and spat, and mewed and wriggled; and the rolling-pin went roly- poly, roly; roly, poly, roly.
When the latter was powerful with her, she usually sent up secret messages importing that she was not in parlour condition as to her attire, and that she solicited a sight of 'her child' in the kitchen; there, she would bless her child's face, and bless her child's heart, and hug her child, in a medley of tears and congratulations, chopping-boards, rolling-pins, and pie-crust, with the tenderness of an old attached servant, which is a very pretty tenderness indeed.
I used to help grandma bat up cake, and rather liked it, if I remember right," said Tom, letting Polly tie a checked apron on him, put a big bowl into his hands, and settle him near the table, where Maud was picking raisins, and she herself stirring busily about among spice-boxes, rolling-pins, and butter-pots.