Limit (remove) overnight risk in stocks?

Is there anyway to reduce or eliminate the risk of holding a position in a stock overnight completely? Is there a way to reduce this risk down to that of index futures or fx, which trade 24/5?
 
Quote from short&naked:

Is there anyway to reduce or eliminate the risk of holding a position in a stock overnight completely?


Yes. Options.

Quote from short&naked:

Is there a way to reduce this risk down to that of index futures or fx, which trade 24/5?

Not unless the underlying also has a liquid out of hours market.
 
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