jelly roll

Short definition from Wiktionary

Noun

1. 1
   A cylindrical cake containing jelly (jam).
2. 2
   An overweight person.
3. 3
   The female genitalia, sexual intercourse, or a lover.
4. 4
   a male hairstyle, common in the 1950s USA, a roll of greased hair longitudinally aligned front to back at the middle of the head
5. 5
   An options position consisting of two calls and two puts, which can be seen as a combination of synthetic long and short positions with different expiries, or a combination of a put time spread and a call time spread.