Fear and Loathing In Trader Hell

Fear and Loathing In Trader Hell

Share this post

Fear and Loathing In Trader Hell
Fear and Loathing In Trader Hell
WTF is the VWAP PIN Anyway?
KingCAMBO's Substack

WTF is the VWAP PIN Anyway?

Dispatches from the Last Sane Bastard in This Casino

King CAMBO's avatar
King CAMBO
Apr 25, 2025
∙ Paid
1

Share this post

Fear and Loathing In Trader Hell
Fear and Loathing In Trader Hell
WTF is the VWAP PIN Anyway?
1
Share

What Is VWAP Pinning?

VWAP (Volume-Weighted Average Price) is the average price of a stock (like SPY) over a trading session, weighted by volume. It’s a benchmark big players—market makers, hedge funds—use to execute trades efficiently. On options expiration days, market makers (MMs) manipulate stocks or ETFs like SPY to “pin” their closing price near VW…

Keep reading with a 7-day free trial

Subscribe to Fear and Loathing In Trader Hell to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 KingCAMBO
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share