A term used by Black Gay men in the 90s to define a level of fierceness. Could also mean the opposite.
1)You've arrived in a Rolls Royce, dressed in fur with your man in your arms and have lots of money, jet setting all over the world...Ooh Gurl IT'S OVA FOR YOU GURRRLLL!
2)You spot someone dressed in the worse outdated fashion garbs...Ooh Child IT'S OVA FOR YOU! <snaps fingers>