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Definitions of jelly roll:
  • noun:   (US) A cylindrical cake containing jelly (jam), often called a Swiss roll.
  • noun:   (derogatory, slang) an overweight person.
  • noun:   (by extension, US slang) The female genitalia, sexual intercourse, or a lover.
  • noun:   a male hairstyle, common in the 1950s USA, a roll of greased hair longitudinally aligned front to back at the middle of the head
  • noun:   (finance) 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.

(Definitions from Wiktionary)

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