3M call volume above normal and directionally bullish

Bullish option flow detected in 3M with 6,997 calls trading, 1.4x expected, and implied vol increasing over 1 point to 19.56%. 8/30 weekly 134 calls and 8/30 weekly 130 calls are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.11. Earnings are expected on October 29th.