What Is Option Pinning or Pinning The Stock?

[Ben47471]

Thanks for doing the video, I was wondering what option pin or max pain ment. this could be very helpful

[optionsizzle]

Yugobiz,

The play was selling the MA July 200 Straddle (call and put) at $5.30 Since prices where under $200 I let the call expire worthless and bought back the put in the last hour.

[yugobiz]

Did you sell straddle on the MA on the expiration date and bought back the put on the last hour?