In the words of
The Clash, if I go there will be trouble.. if I go there could be double.. this indecisions buggin me!
After Abercrombie & Fitch (sorry I couldn't help myself lol) decided to downgrade the US yesterday it seems that the market has just decided earnings don't matter let's just punish companies for kicks..
$AMD comes to mind as a prime example, irrespective of their quarters.
I personally have been layering into some
$AMZN $130 calls expiring September 15th for their earnings. I also added to the stock but I am long there and have no intention of selling that, so the question is around the calls. Do I cut bait and bail on them today or let it ride? I believe the quarter will be strong but my concern is that a lot of quarters have been strong but the price action has not been.
So, I am posting this poll and the dude will abide by Commonstock's decision just before close today.