To grab one's ankles is essentially to bend over and prepare for what's coming. It is a reference to getting fucked in the ass (usually in a figurative sense). Sometimes the person grabbing their ankles is at fault, and sometimes it is the result of some new organizational policy.
The company just laid a bunch of people off and is requiring mandatory overtime for all salary-paid employees, so get ready to grab your ankles.
by firstbullet October 4, 2008
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THat means you have to grab your ankles so someone can anal you. Or fuck you up your ass
Grab your ankles girl cause we gone have fun tonight.
by Goozy mane April 2, 2006
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“Bend over and grab your ankles“ A saying that you are screwed or fucked, often in a challenging or difficult situation.
Bend over and grab your ankles“

When our car broke down off the road in the middle of nowhere, I told John that we might as well bend over and grab are ankles because it was going to be a long time before help came.
by BigRed606 February 22, 2020
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