FBR Chart, page-2134

I read thru the examples. Man, it still has to satisfy the ATO you are not doing this for wash sale. Even after 24 hours.

32. The objective circumstances of the scheme, in particular the strategy acted on, the offsetting nature of the transactions, the short period of time between them and the nature and market for the stock; indicate that the relevant counterfactual is that there would have been no change in Kelly's beneficial ownership of the Echo shares. Although Kelly did not hold any Echo shares for 24 hours, the scheme had no real effect or outcome on her economic exposure to the stock and it is reasonable to conclude that nothing would have happened if the scheme had not been entered into or carried out. Thus, for the purposes of paragraph 177C(1)(ba), the tax benefit obtained by Kelly is the capital loss of $62,000 incurred during the 2006-2007 year.