Yum! Brands (YUM) February volatility elevated; shares at fresh highs on Q4 results

Yum! Brands (NYSE: YUM) shares are recently up $1.42 to $64.61 on Q4 income rising 30%. CLSA maintains its Buy rating on exceptional Chinese growth. February put option implied volatility is at 33, March is at 29; compared to its 26-week average of 27 according to Track Data.

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