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Pizza sauce. Used for example in South Philadelphia at a philly cheese steak shop you get pizza sauce on the cheese steak but it is listed on the menu as red gravy.
Put some of that red gravy on my philly cheese steak
Red Gravy by 156298 July 28, 2014
(n.) A mixture of red sauce, (Spaghetti, Marinara, etc.) and period blood. Found primarily in African American culture. Red Gravy is used to put a spell on a man which keeps him from leaving the woman who gave him the Red Gravy.
she a crack ho but I can't leave her. tha bitch gayme da Red Gravy!
Red Gravy by The Holy Searse May 24, 2009
When a woman is on her period.
Girl Talking: "We can't hook up tonight; I'm on the red gravy."
red gravy by Pooky Nubs September 7, 2006

Red Eye Gravy 

A colloquial expression for an onset case of explosive diarrhea.
Don't in that bathroom brooooh. That stool has red eye gravy all over. Someone spattered it up good.
Red Eye Gravy by Eaton Holgoode February 28, 2017

red-eye gravy 

gravy made from country (i.e salt-cured) ham instead of beef.
Shiit, man, you don' know bout no red-eye gravy.
red-eye gravy by crack January 26, 2004