A full spool indicates pleasantly busy times ahead; an empty spool suggests a possible loss of status through improvidence; winding onto a spool is a sign that you may be retarding your own progress by being overcautious; unwinding from a spool predicts a new and profitable venture.
If your dream featured slipping or falling on a spool, it is warning you against indiscriminate sex relations. [1]
A silk spool is a sign of inner enrichment for the dreamer; cotton denotes poverty and complicated matters. [2]
If you are wound tight, then this dream is telling you to let loose and relax.
If you are too loosely wound, then this dream is telling you to pull your act together and to tie up your loose ends. [3]
If one sees himself carrying a spool while taking his ritual ablution in a dream, it means that he will seek the help of a righteous believer who holds fast to the rope of God Almighty. In that sense, a spool represents the element of religious life and the rope in a dream signifies religion, which is one’s connection to his Lord. Carrying a spool when performing one’s ablution in a dream means that one will be permanently cured from ills and become free from debts.
A spool in a dream also means an active servant, or a talkative son.
(See also: Ball of thread, Rope) [4]