AMC Entertainment call volume above normal and directionally bullish

Bullish option flow detected in AMC Entertainment with 111,220 calls trading, 1.3x expected, and implied vol increasing over 16 points to 120.60%. 7/12 weekly 5.5 calls and 7/12 weekly 6 calls are the most active options, with total volume in those strikes near 29,300 contracts. The Put/Call Ratio is 0.21. Earnings are expected on August 8th.