roll

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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 ?
The move will reward the last 3 chosen roll out with the finance and coaching for their businesses.
Vodafone UK has stated to roll outs its 4G in Cramlington.
I think the whole world is looking for more individuality and less roll outs."
However, as with all Android updates, the roll outs will happen region-wise and could take some time to get to your phone.
The company has now reported a massive 63 per cent jump in total sales at 9,003 units in 2012 compared to year-ago period on the back of new product roll outs and enhanced dealership network.
The NDA years actually saw rapid roll outs in terms of road development, the first few years of UPA 1 saw flawed airport development, but development nevertheless.