UPDATE: Sterne Agee Upgrades Torchmark; Raises PT


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


According to a research report published this morning, Sterne Agee has upgraded Torchmark (NYSE: TMK) from Underperform to Neutral, and has increased PT from $51 to $56.In the report, Sterne Agee said, "Following 1Q12 results and surprising CEO succession announcement, we are upgrading TMK to Neutral from Underperform. Despite TMK's rich valuation versus peers, we see little fundamental risk to the story; in fact, it would appear fundamentals (other than the rate environment) continue to improve."Torchmark is currently trading at $48.40.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Analyst ColorUpgradesPrice TargetAnalyst RatingsSterne Agee