Simultaneous long & short

I’m trading little POS stocks that like to take off and do 700% gains in one day.

One little trick is to open a long & short position in the same security. Once the stock has its blow off top, you sell the long side and gain on the short side collapsing back down.

Is this possible with the Alpaca API?

I realize the basic problem here is that Alpaca does not offer HTB shorts, but I’m curious if

There are two issues as far as I understand.

  1. You can’t short HTB stocks
  2. You can’t open long and short position in the same security in single account. More so, you can’t open simultaneous long buy and short sell orders in the same account. If you have two accounts, may be then but 1 still stands.

Correct me if I am wrong, Thanks!

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