Abstract: A system and method for determining the price of an expirationless American option over a broad variety of securities and issuing the correct bid and ask prices for the same. Data concerning initial margin requirements, contract value of the option, expiration date (if applicable) of the underlying security, number of contracts required, exchange fees, commission, residuals, and all open positions is accumulated and stored in computer memory. When it is desired that an option be bought or sold, information identifying the contract C the type of option, either call or put, the current price of the underlying security S, the exercise price X, the margin requirement and type, either M for a dollar amount and the unit price movement of the security U, or G for a percentage amount, is entered into the computer which is actuated to calculate the price of the option as M or G multiplied by X when S=X, or as M+U(S-X) for M margin requirements and as SG+G(S-X) for G margin requirements for call options.
Abstract: The present invention relates to a baseball glove having means located on a bottom palm portion for enhancing glove flexibility. The baseball glove includes a thumb stall, at least one finger stall, and a hand receiving opening. The glove includes a notch formed in a lower portion of the glove, and at least one slit formed in a web portion such that the notch and slits increase flexibility of the glove and facilitate opening and closing of the glove.
Type:
Grant
Filed:
February 2, 1994
Date of Patent:
September 12, 1995
Assignee:
Mizuno Corporation of America
Inventors:
Minoru Yamada, Kazuhiro Kume, Hideki Tsuruoka, Hisanobu Fugahashi, Robin Smith, John E. Schulte, Robert J. Ball, Robert J. Ready
Abstract: A stabilized antenna mount system is described which includes an antenna subassembly, a means for allowing the subassembly to rotate in three dimensional planes, and a means for stabilizing the subassembly. The subassembly rotates by means of a multi-axis bearing and is stabilized with an inertia mass attached to its lower portion. The inertia mass has a weight approximately six times the combined weight of the subassembly and the multi-axis bearing.
Type:
Grant
Filed:
January 27, 1992
Date of Patent:
April 25, 1995
Assignee:
Crescomm Telecommunications Services, Inc.