You got it bruce. I'm not into that IBD style of buy high and sell higher. You buy stocks on pullbacks especially those up on fundamentals that don't seem so hot, if you dare buy at all such stocks like AMZN.
What if both of you are wrong and the stock stays essentially flat. It will kill lots of fat option premium and the big holders of the stock won't lose anything on their underlying stock. Entirely possible IMO. I will not play earnings long or short for this reason.