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Answer (1 of 5): "lol" literally means "laughing out loud" and "ok" is a shortened way of writing "okay", so "LOL OK" means something like, "Okay, hahah." You might say it to show tentative or joking agreement.

I gave a reasonable answer to a question on Quora. A 14-year old girl gets mad about it. Hilarious, if not slightly worrying. : r/KidsAreFuckingStupid

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