Be Aware Of Pin Risk by Roger Barone
If you’re a futures or option trader, this is one risk you should be aware of. Find out how to manage your positions to lessen the possibility of pin risk.
If you’re an option trader or thinking about trading options, it’s a good idea to familiarize yourself with your broker’s and the CME’s contrary instructions, deadlines, and procedures. Also know the relevant trading hours, option expiration dates, and daily settlement details ...