Voler La Vedette is set to take her chance in the Irish Champion Hurdle at Leopardstown on January 29 if the ground is soft.
Colm Murphy's star mare was destined for a life in the paddocks after last season but failed to get in foal and has been in sparkling form since returning to the racetrack, winning three in a row including the Hatton's Grace Hurdle.
Murphy told skysports.com: "It's a possibility that she'll run in the Irish Champion Hurdle at this stage though a lot will depend on the ground. I'd imagine that if the ground were to come up soft we would let her take her chance.
"We had a great run with her of late and she is in great order. It's unbelievable as she seems to be improving with every run.
"She is still only a young mare and she's at the age where she could still be improving.
"We've had a lot of stop-starts with her in the past due to muscle problems but they seem to be behind her so we've had a straight run with her and haven't had too many hiccups with her."
Murphy also admitted that he could be tempted to run Voler La Vedette at the Cheltenham Festival despite the reservations of her owner.
"Nothing has been written in stone with regard to the David Nicholson race but we will give her an entry and have a look at it. There are lots of options over here between Fairyhouse and Punchestown and we'll decide nearer the time."