Weekend gaps: what do you do with open positions on Friday?

The market closes Friday evening and reopens Sunday, and the reopening price can be well away from Friday's close — through your stop, and sometimes past it. A stop-loss is not a guarantee of your exact price.

What's your Friday routine?

• do you close everything, or hold positions over the weekend?
• have you ever been gapped through a stop? What was the fill?
• has your broker ever widened margin over a weekend?

The mechanics are in weekend gaps explained.