What to Expect from McDonald's Quarterly Report

Group 1 - McDonald's Corp is set to release its second-quarter earnings on July 29, following a series of disappointing earnings from major tech companies [1] - Historically, McDonald's has experienced mixed reactions post-earnings, with four out of the last eight sessions showing gains, while shares fell 3.7% and 0.2% after the last two quarterly reports [1] - The stock is currently trading near its 2023 lows, with a year-to-date deficit of 15.1%, indicating a need for a positive post-earnings performance [1] Group 2 - The options market shows a bullish sentiment towards McDonald's stock, with a 50-day call/put volume ratio of 1.72, ranking in the 81st percentile of its annual range [2] - Short-term options traders are also optimistic, as indicated by the Schaeffer's put/call open interest ratio (SOIR) being in the 13% of readings from the past year [2]