Hi Trades,
Thanks for the response on this !!!!

I have been mulling this thought for some time but never got around to writing it down - and that is how I consolidate my thoughts !!!!

Properly/perfectly executed the trade would carry no "risk" beyond two RT commissions. This assumes that you succeed in opening and closing both positions at the "same price" !!!! In my case, the two RT commissions are "lunch money" = so I'll skip the lunch !!!!!

It started as a "fun thought" and then grew into looking at the wild "whipsaws" of the Ng on report day.

If a "run gets started on one side" and you decide to close the "losing position" you are now at the "mercy of the market" as you would be in any trade.

My thought is, that now you have had a chance to observe the market behavior after an "event, or breakout/down" as you mentioned and then make the decision as to whether to continue or not.

That decision does not involve whether to buy/sell, setting up an order, at what price etc. etc. It is already done. All you have to do is hit the "close" button (wish there was one) and you are finished !!

Thanks, Lee
PS
Do you have "On Star" in your new chariot ?? That is a cool product but maybe it's is only available on GM vehicles ???