Yum! Brands (YUM) volatility low into Yum China Holdings (YUMC) completes its separation

November 1, 2016 9:05 AM EDT

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Yum! Brands (NYSE: YUM) 30-day option implied volatility of 22 compares to its 52-week range of 16 to 41 into Yum China Holdings (YUMC) announcing that it has completed its separation from Yum! Brands (YUM). Yum China will begin trading "regular way" as an independent company today on the New York Stock Exchange under the ticker symbol "YUMC."

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