Oppenheimer Maintains Perform on Apollo Group

27% profit every 20 days?

This is what Nic Chahine averages with his option 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.

Oppenheimer is out with its report on Apollo Group (NASDAQ: APOL), maintaining Perform.In a note to clients, Oppenheimer writes, "At 13.5x our FY12E EPS of $3.25, APOL's at a slight premium to themarket multiple. With FY12 likely trough, the level is intriguing. However, we expect multiple expansion will be gradual near term given APOL's multi-quarter declining enrollment/revenue/earnings position. Maintaining our Perform, we laud APOL's strategy and would be constructive on further stabilization."At the time of posting, shares of APOL were trading pre-market at $44.15, up 1.08% from Thursday's close.

27% profit every 20 days?

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