roll

(redirected from roll of honor)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.
Related to roll of honor: AERE

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 ?
Booth, USMC was killed in Iraq in 2006, found photos of him on the Roll of Honor posted by his comrades: "Without this site, we would not have seen those precious pictures.
veterans - is asking families of fallen heroes nationwide to help complete the TWS Roll of Honor (www.
One of Tencati's ideas was to develop the Roll of Honor.
The Roll of Honor allows members to keep alive the memory of distinguished and accomplished individuals who have dedicated their careers to the betterment of children.
State Street Corporation (NYSE:STT), the world's leading specialist in meeting the needs of institutional investors, announced today that it has been named to PLANSPONSOR magazine's Roll of Honor list as part of the publication's first annual Transition Management Survey.