Happy 4th of July from Canada.
We’re talking about Yum China (YUMC).
They will report earnings Wednesday July 5th after the bell.
This will be their third earnings since they were spun off from Yum Brands (YUM).
They have beaten earnings both times.
The stock has beaten EPS by 21% on average.
The stock has gone up after earnings by 10% on average.
There has been a rotation the past few weeks out of tech and into the financial stocks.
We are long the 40 calls for July (2017) and January (2018).
Will their earnings satisfy the appetite for investors looking for a tasty trade?
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