Options Update: How to Play Yum! Brands

The video discusses the current state of the VIX trading and market mood, noting that despite higher VIX levels, the market remains business as usual. It then analyzes Sears options, highlighting high implied volatility due to vendor fears of non-payment. The video also presents a trading strategy for Yum Brands, focusing on a potential upside surprise in earnings. Finally, it provides an outlook on business performance, noting expected growth in the US and challenges in China.

What does the implied volatility indicate about the options for Sears?

How is the business performance of Yum Brands expected to differ between the US and China?