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the anti lol or opposite of lol; used when something is either a joke that fails or completely appauling to say that the person finds funny but completely wrong to everyone else around;

also another thing that can be used to show a penis while chatting on either a text or something like facebook
i was sitting with my girl yesterday and said jokingly she should give me a handjob

yea what happened

it was an olo moment
olo by mountaindewher June 26, 2010
Related Words
olo olof Olosho OLOY oloriburuku olodo Ologist Ololade Ololo olon
International Penis Symbol, Used commonly on internet games chat rooms and forums as a shorthand way of say penis or cock e.t.c. Is also an easy to understand symbol through out the word.
Guest: That drawing sucks!

You: Your a real fucking olo you are!.
olo by LA1 August 30, 2012
<i>Katinthehat</i> OMG OLO!
<i>SenorKerfuffle</i> o rly?
olo by Slick Willy G July 7, 2008
Hold your hand up, palm to your face and make a fist. Then extend your middle finger. olo
olo by Cat Leonard September 10, 2010
Commonly used in texts, the word lol means laughout loud. The origin of this word is typing lol but doing the "o" first and last. And the "l" second, usually by typing or texting to fast. The acronym for "olo" is: Obviously (or Obnoxiously, for your preference), Laughing, OutLoud (Yes, you do combine the 2 words which make up the "o" in "olo".) It is a replacement for lol and works just as well.
1.

O.L.: do you play black ops :D

T.D.: nahh

O.L.: oh olo

2.

Person #1: Owwww! I hit my head on the table!

Person #2: olo
Eyes with a big nose, commonly used as a tag by a hot guy named Jimmy who paints his nuts for a living. Mostly dipping his nuts into blue and red paint
OLO Look at his signature that he painted with his NUTZ!!!
OLO by JerryTheToyMonkey November 29, 2016