YUM! Brands (NYSE: YUM) is recently up $1.88 to $40.37.
YUM reported Q1 revenues of $2.41 billion versus consensus estimates of $2.35 billion.
Stifel Nicolaus says: "China continues to prove it's the crown jewel in the YUM business portfolio."
YUM call option volume of 1,924 contracts compares to put volume of 4,242 contracts. YUM May option implied volatility of 27 is below its 26-week average of 33 according to Track Data, suggesting decreasing movement.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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