McDonald's call volume above normal and directionally bullish

Bullish option flow detected in McDonald's with 20,393 calls trading, 1.7x expected, and implied vol increasing over 2 points to 25.20%. Oct-26 300 calls and Jul-26 280 calls are the most active options, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 0.38. Earnings are expected on August 6th.