There are even ETFs that take advantage of this: https://www.nightsharesetfs.com/nspy https://www.nightsharesetfs.com/nspy Has a pretty high expense ratio as i

There are even ETFs that take advantage of this: https://www.nightsharesetfs.com/nspy https://www.nightsharesetfs.com/nspy Has a pretty high expense ratio as it's not cheap to implement this strategy and there is no competition at the moment.