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.
More Than 800 Part Numbers, Including Nearly 600 Control Arms and Assemblies,
Added to Industry-Leading Steering and Suspension Line
Southfield, Michigan, February 12, 2015.The MOOG® Steering and Suspension brand completed a record-breaking expansion of application coverage in 2014, with more than 800 new part numbers - including nearly 600 additional control arms and assemblies - representing in excess of 470 million potential parts replacement opportunities. MOOG products are manufactured by Federal-Mogul Motorparts, a division of Federal-Mogul Holdings Corporation (NASDAQ: FDML).
The MOOG product line grew by a total of 835 part numbers, with dramatically expanded coverage of foreign nameplate and domestic models. In addition to 597 new control arm and assembly part numbers, Federal-Mogul Motorparts introduced 49 additional tie rods, 42 bushings/kits, 47 wheel hub assemblies, 22 stabilizer link kits, 17 complete strut assemblies and dozens of other parts for popular late-model applications now entering the aftermarket repair cycle.
Now with nearly 2,000 control arm part numbers covering a vast majority of the North American passenger vehicle population, the MOOG brand is the clear coverage leader in one of the industry's fastest growing product categories. Federal-Mogul Motorparts also aggressively expanded its range of MOOG wheel hub assemblies, with additional coverage of popular late-model applications from Acura, Chrysler, Ford, Honda, Kia, Mazda, Nissan, Toyota, and other manufacturers. MOOG complete strut assemblies - engineered to improve vehicle dynamics, provide a smoother ride and help ensure faster, easier installation - were introduced for Dodge Ram, Ford Escape, Mazda Tribute, Toyota Sequoia, and Volkswagen Beetle, Golf and Jetta models as well as other popular applications.
"This record year in product introductions builds on the MOOG brand's promise of exceptional coverage combined with innovative, problem-solving designs that offer superior strength and performance and which help ensure easier installation," said Mark Boyle, director, steering and suspension products, North America, Federal-Mogul Motorparts.
MOOG is the preferred brand of technicians and NASCAR® crew chiefs, and NASCAR Cup Series champions have driven to victory with MOOG parts for an unprecedented 49 consecutive years.
To learn more about MOOG Steering and Suspension parts, please visit the technician-focused www.moogproblemsolver.com website or contact your MOOG supplier. The latest MOOG product application listings also are available through Federal-Mogul Motorparts' convenient www.FMe-cat.com electronic catalog. Like MOOG on Facebook at https://www.facebook.com/moogproblemsolver and follow the brand on Twitter for product updates and special promotions.
About Federal-Mogul
Federal-Mogul Holdings Corporation (NASDAQ: FDML) is a leading global supplier of products and services to the world's manufacturers and servicers of vehicles and equipment in the automotive, light, medium and heavy-duty commercial, marine, rail, aerospace, power generation and industrial markets. The company's products and services enable improved fuel economy, reduced emissions and enhanced vehicle safety.
Federal-Mogul operates two independent business divisions, each with a chief executive officer reporting to Federal-Mogul's Board of Directors.
Federal-Mogul Motorparts sells and distributes a broad portfolio of products through more than 20 of the world's most recognized brands in the global vehicle aftermarket, while also serving original equipment vehicle manufacturers with products including braking, chassis, wipers and other vehicle components. The company's aftermarket brands include ANCO® wiper blades; Champion® spark plugs, wipers and filters; AE®, Fel-Pro®, FP Diesel®, Goetze®, Glyco®, Nüral®, Payen® and Sealed Power® engine products; MOOG® steering and suspension parts; and Ferodo® and Wagner® brake products.
Federal-Mogul Powertrain designs and manufactures original equipment powertrain components and systems protection products for automotive, heavy-duty, industrial and transport applications.
Federal-Mogul was founded in Detroit in 1899 and maintains its worldwide headquarters in Southfield, Michigan. The company employs more than 45,000 people in 34 countries. For more information, please visit www.federalmogul.com.
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CONTACT:
Drew Shippy - 330. 688.3500
Drew@pinnmedia.com
Paula Silver - 248.354.3045
Paula.Silver@federalmogul.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Federal-Mogul Corporation via Globenewswire
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.
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