Her allies say she's strongly considering a Senate challenge, and a field of anxious Democrats is waiting on her word to decide their next step. If she runs, she won't face any high-profile primary opposition. If she doesn't, several prominent Democrats are poised to enter the race.
A run for president seems unlikely. She hasn't begun the process of lining up endorsements, hiring droves of operatives and making visits to early-voting states. She's instead traveled the nation to boost her Fair Fight Action group and promote her book. She's also lined up speaking gigs through the Harry Walker Agency.
Passing up a Senate run is a gamble of its own. She's the queenmaker in the state Democratic party with a soaring national profile, enhanced by her response to the State of the Union. If she runs, she'd quickly attract new attention and eager donors.
There’s no such guarantee if she wants to position herself as a potential vice presidential nominee, particularly if she has to jockey against defeated White House candidates. Still, if that doesn’t pan out, she could go back to square one.
Abrams has made it crystal clear over the years she wants to be Georgia’s next governor. And if she stays on the sidelines in 2020, she seems assured of challenging Kemp two years later.
"I can't go back and win 2018," she said at an LGBTQ conference last week in San Francisco, "but I can win 2020 and 2022."