Grab your ankles means your telling hopfully (your lady) your gonna enter her from the back side. Either in the pussy or the ass.
I told Crystle, grab your ankles... she did cuz she's good like that. How you say "A good little girl".
by -cM June 18, 2007
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 04, 2008