After another overnight gap-winner a funny “Gap-Straddle” strategy on two different accounts came into my mind, especially for weekend gaps in the actual situation, would be interesting what other speculators think about it:
I open for example on first account 100 EUR long position sp500cash shortly before end of trading session this Friday and on the other account 100 EUR short position sp500cash also shortly before end of trading session. If there’s a good gap long or short on Monday opening it’s no problem to cover with the profit the total loss of the other account.If there’s no gap or just a small gap it’s up to me what I further do.
Doesn’t sound bad?
I asked already my broker if opening contrary positions on two different accounts are allowed