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Someone who is laughing too loud and accidently type OLO; or is a geek named Brad and uses it as a smiley face! Can also be used multiple times to show being stupid on purpose. See lamer
The Archer Ian: Hi!
Schala Zealz: OLOLOLOLOLOLO

The Archer Ian: Hey Brad did you see that really funny movie where this guy farted?
Kefka505: oLo;; Nope...

The Archer Ian: I farted on my cat who's allergic to farts!
UnusualGamer: OLOLOLOLOLOLOLOLO ^^!!! XDXDXD
OLO by Ian March 25, 2004
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longest of ancient hawaiian wood surfboards, usually koa wood, ridden by alii.
Bra, dat olo board is one heavy sucka
olo by dan kraft August 9, 2003
Related Words
olo olof Olosho OLOY oloriburuku olodo Ologist Ololade Ololo olon
"One last one" used to define that last drink (or whatever) your friends talk you into at the end of a party when you know you shouldn't. Usually used repeatedly during the same occasion. Chronic offenders granted membership in "the OLO Club".
"I guess I could stay for an olo"
olo by audreyfarber December 13, 2006
A much more awesome way to say lol
Olo!!! That is freakin' hilarious.
olo by FreaknJew March 16, 2009
Short for for dick or penis used to confuse people in a conversation
Have you met Chris? His olo felt so good inside me

Oh...my...god you are such an olo

olo game strong
olo by Kand_memes420 December 18, 2017
'Ownself laugh ownself'. When someone cracks a joke and laughs loudly, even if no one else finds it funny.
Albert rolled his eyes when Kwan OLO-ed for the hundredth time.
OLO by BYzhou February 6, 2017
Out Loud Orgasm (the better way of saying lol)
1-Derrin had an OLO when he felt Daniels fluffy neck

2- xavier had an OLO when he killed a baby panda
OLO by CrownedFox August 7, 2011