Yum! Brands (YUM) July volatility elevated into Q2 results; shares near record high

Yum! Brands (NYSE: YUM) was downgraded to Sell from Neutral at Goldman Sachs into the expected to release of Q2 results on July 14. July put option implied volatility is at 30, August is at 23; compared to its six-month average of 23 according to Track Data.

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