Patents Assigned to Option
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Publication number: 20160358255Abstract: A method of providing orders to a virtual trading crowd in an exchange prior to automatically linking the order to an away market includes receiving a marketable order at the exchange, wherein the exchange price differs from a national best bid or offer (NBBO) price, routing the order to a trade engine, disseminating a request for price message, the request for price message including a price equal to the NBBO price, receiving a response message, initiating a quote trigger, wherein the quote trigger occurs for a period of N seconds, allocating at least a portion of the order according to an allocation algorithm, wherein an order size of each market maker is capped to prevent inflation of an allocated portion of the order, and allocating any remaining portion of the order to at least one predetermined market maker guarantor for execution at the NBBO price.Type: ApplicationFiled: February 8, 2016Publication date: December 8, 2016Applicant: Chicago Board Options Exchange, IncorporatedInventors: Edward T. Tilly, Anthony Montesano, Eileen C. Smith
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Publication number: 20160343082Abstract: A computer system for calculating a government bond volatility index comprising memory configured to store at least one program; and at least one processor communicatively coupled to the memory, in which the at least one program, when executed by the at least one processor, causes the at least one processor to receive data regarding options on government bond derivatives; calculate, using the data regarding options on government bond derivatives, the government bond volatility index; and transmit data regarding the government bond volatility index.Type: ApplicationFiled: February 22, 2016Publication date: November 24, 2016Applicant: Chicago Board Options Exchange, IncorporatedInventors: Antonio Mele, Yoshiki Obayashi
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Publication number: 20160318740Abstract: A system and method for monitoring and displaying operating conditions of a winch mechanism.Type: ApplicationFiled: April 25, 2016Publication date: November 3, 2016Applicant: OPTION INDUSTRIES INC.Inventors: Dustin KOS, Tony WONG, Marlin BELANGER
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Patent number: 9289513Abstract: Provided are proteins and polynucleotides, complexes and compositions containing the proteins, and methods for their use in administration to subjects and for disease treatment. Among the provided proteins and complexes are complexes containing a TGF-beta associated with immunoglobulins (such as IgGs) or functional portions thereof including Fc portions, such as by non-covalent bonds. The complexes and compositions can be used for administration to subjects, such as for treating a subject with a musculoskeletal disease such as osteoarthritis and/or degenerative joint disease. The complexes and compositions can be used in different mammals, including dogs, horses, and humans.Type: GrantFiled: March 21, 2012Date of Patent: March 22, 2016Assignee: OPTION PHARMACEUTICALS, LLCInventor: Tod Lauerman
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Publication number: 20160060972Abstract: A drill pipe assembly includes a tubular body and a roller assembly for reducing friction between the drill pipe and the inner wall of a wellbore. The tubular body includes a substantially cylindrical body outer surface defining roller pockets. Alternatively, the drill pipe assembly may have a sleeve that fits concentrically and rotatably around the tubular body, with the sleeve outer surface defining the roller pockets. Each roller pocket has a roller assembly that includes an axle having opposed ends retained by the tubular body or the sleeve. A roller is retained by and rotates on each axle, partially disposed in the roller pocket and partially projecting outwardly from the outer surface.Type: ApplicationFiled: August 26, 2014Publication date: March 3, 2016Applicant: OPTION INDUSTRIES INC.Inventors: Dustin KOS, Marlin BELANGER, Barry HUCIK, Farid SHIRKAVAND
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Publication number: 20150376962Abstract: A mobile service rig with an integrated pipe handling assembly is provided. The rig includes an elongate frame, an attached elongate mast, and an attached a pipe handling assembly. The mast base is pivotally attached to the frame for moving the mast between horizontal and vertical orientations. The pipe handling assembly includes a pipe trough and a trough lifting arm pivotally attached to frame and pipe trough to move a pipe between a horizontal orientation and a vertical orientation collinear with the mast in the vertical orientation. The pipe handling assembly may also include a pair of pipe racks pivotally attached to the frame to extend transversely away from the frame.Type: ApplicationFiled: June 18, 2015Publication date: December 31, 2015Applicant: OPTION INDUSTRIES INC.Inventors: Dustin KOS, Marlin BELANGER, Preston KURASH
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Patent number: 9170073Abstract: A rifle or pistol mounted pepper spray device has a slide activation. The device has a housing that attaches to a picatinny rail of a modern sporting rifle. The housing receives a can of pepper spray. The housing and pepper spray slip into a grip. The grip activates the pepper spray when it is pulled toward the user. The device has a lock system as well as a buffer spring to prevent inadvertent spraying of the pepper spray.Type: GrantFiled: August 20, 2013Date of Patent: October 27, 2015Assignee: AR Tactical Options LLCInventor: Steven D. Mangold
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Patent number: 9092813Abstract: A method and system for reserving future purchases of goods or services or events. Electronic options are provided for desired goods or services or events. Electronic option terms and electronic option fees for the plural electronic options are dynamically and periodically adjusted in real-time. This provides optimal electronic option use and optimal electronic term and optimal electronic option fee adjustment for plural different suppliers of good or services or events provided and used with electronic options.Type: GrantFiled: March 13, 2013Date of Patent: July 28, 2015Assignee: Smart Options, LLCInventors: Christian S. Pappas, Charles P. Brown
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Patent number: 9070150Abstract: A method and system for reserving future purchases of goods or services or events. Plural electronic options are provided based on a priority ordering scheme. The plurality of electronic options are not supplied or governed via a central government agency and are not supplied or governed via security laws. The plural electronic options includes a plural different electronic option terms for a plural different suppliers and a priority ordering scheme. The electronic option terms for a desired supplier are unique to the desired supplier. The electronic options include personalized electronic reservations and personalized electronic coupons. The purchased electronic option is exercised for preferred or priority access or entry to events or places or goods or services based on the priority ordering scheme.Type: GrantFiled: January 9, 2013Date of Patent: June 30, 2015Assignee: Smart Options, LLCInventors: Christian S. Pappas, Charles P. Brown
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Patent number: 9064258Abstract: A method and system for reserving future purchases of goods or services or events. A sub-set of reservations from a set of available reservations used to reserve a spot in a facility or at an event are associated with and selectable with plural electronic options. The plural electronic options are also associated with reservation requests if no actual available reservation are available and automatically converted to electronic options for actual reservation if a reservation later becomes available at the facility or event.Type: GrantFiled: March 12, 2013Date of Patent: June 23, 2015Assignee: Smart Options, LLCInventors: Christian S. Pappas, Charles P. Brown
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Patent number: 9047634Abstract: A method and system for reserving future purchases of goods or services or events. Electronic options are provided for desired goods or services or events on communications network and a cloud communications network. One or more graphical buttons are used to display electronic option information. A display appearance of the one or more graphical buttons are dynamically changed based on actions completed on the electronic options. The electronic options and the one or more graphical buttons are displayed on one or more client network devices and/or one or more server network devices for one or more retail sites, a social networking sites, social couponing sites, social virtual reality sites, social virtual gaming sites, or social fantasy sports gaming sites.Type: GrantFiled: March 14, 2013Date of Patent: June 2, 2015Assignee: Smart Options, LLCInventors: Christian S. Pappas, Charles P. Brown
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Patent number: 9040874Abstract: Welding equipment that includes a tooling cart for transferring interchangeable tooling modules to a welding machine. A latch is mounted to the welding machine for latching the tooling cart to the welding machine, and a latch is provided for latching the tooling modules onto the tooling cart. A two-piece tooling cart includes a removable upper section for securing tooling modules thereto and a reusable lower section for use with other tooling modules. A welding method permits operation of a welding machine using a user interface that permits modular programming of at least one operational sequence of welding machine valves and weld operations for a variety of different tooling modules. An operator inputs a new sequence of operations using the user interface rather than having to rewrite ladder logic just to switch over the welding machine to use with a different tooling module.Type: GrantFiled: November 26, 2007Date of Patent: May 26, 2015Assignee: Tec-Option, Inc.Inventor: Bryan W. Domschot
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Patent number: 9026472Abstract: A method and system for reserving future purchases of goods or services or events. Electronic options are provided for desired goods or services or events. Electronic options, electronic option terms and electronic option fees are dynamically generated and dynamically adjusted based on prior and current actions completed on a client network device. A business-to-business (b2b) marketplace is established using electronic options.Type: GrantFiled: March 13, 2013Date of Patent: May 5, 2015Assignee: Smart Options, LLCInventors: Christian S. Pappas, Charles P. Brown
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Patent number: 9026471Abstract: A method and system for reserving future purchases of goods or services or events. Group organizers buy a set of electronic options and post to their social network a notice of availability of the purchased set of electronic options for access to the underlying good or service or event. The group organizers invite their friends to join them to purchase the good or service or attend the event. The invited friends are allowed to exercise one or more individual options from the purchased set of electronic options to purchase the actual good or service or attend the event. This frees the group organizers from the burden of having to pay money for the good or service or event, collect money from invited friends and distribute the goods or items associated with the services or events yet promotes coordinated group activities.Type: GrantFiled: March 12, 2013Date of Patent: May 5, 2015Assignee: Smart Options, LLCInventors: Christian S. Pappas, Charles P. Brown
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Patent number: 8968371Abstract: Devices and systems for repairing bone fractures and more specifically a fracture repair plate that provides for fixation of a metaphysis to the diaphysis of a long bone, for instance a fracture between the proximal humerus and the diaphysis of the humerus. The fracture repair system includes an implantable repair fracture repair plate and a bone anchor for fixing the fracture repair plate to a bone. In one embodiment, the fracture repair plate may also be adapted to serve as an anchor for a suture. The fracture repair system may also include a fracture reduction mechanism attachable to the fracture repair plate for imparting a controlled translational movement between two bone segments along a plane that lies substantially parallel to the surface of the bone to which the fracture repair plate is attached and substantially parallel to the longitudinal axis of the bone shaft.Type: GrantFiled: June 26, 2013Date of Patent: March 3, 2015Assignee: Shoulder Options, Inc.Inventor: C. Scott Humphrey
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Publication number: 20150039532Abstract: An improved volatility index and related futures contracts are provided. An index in accordance with the principals of the present invention estimates expected volatility from the prices of stock index options in a wide range of strike prices, not just at-the-money strikes. Also, an index in accordance with the principals of the present invention is not calculated from the Black/Scholes or any other option pricing model: the index of the present invention uses a newly developed formula to derive expected volatility by averaging the weighted prices of out-of-the money put and call options. In accordance with another aspect of the present invention, derivative contracts such as futures and options based on the volatility index of the present invention are provided.Type: ApplicationFiled: March 10, 2014Publication date: February 5, 2015Applicant: Chicago Board Options Exchange, IncorporatedInventors: William M. Speth, Joseph Levin, Sandy Rattray, Devesh Shah, Timothy R. Klassen
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Patent number: 8930260Abstract: A method and system for reserving future purchases of goods or services or events including plural electronic options with associated option fees for the goods or services or events. The plural electronic options include electronic option terms established by one or more suppliers who can supply the goods or services or events. The purchase of the electronic option is accepted according to electronic option terms established by the desired supplier. The option terms may vary greatly among the individual suppliers and no two suppliers may use the same option terms. The electronic options are displayed, viewed, purchased, and exercised from a client network device.Type: GrantFiled: March 11, 2013Date of Patent: January 6, 2015Assignee: Smart Options, LLCInventors: Christian S. Pappas, Charles P. Brown
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Publication number: 20140304134Abstract: Systems and methods for creating and disseminating a SKEW index based on a statistical property reflecting the skewness of an underlying asset and creating and trading derivative investment products based on the SKEW index are disclosed. In one aspect, a SKEW index associated with an underlying asset is calculated. The SKEW index is accessed and a SKEW derivative is created based on the SKEW index. Information associated width the SKEW derivative is then transmitted for display.Type: ApplicationFiled: April 5, 2013Publication date: October 9, 2014Applicant: Chicago Board Options Exchange, IncorporatedInventor: Catherine T. Shalen
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Patent number: 8853313Abstract: An injection moldable, thermally conductive polymer composition that has ultra low CTE properties is provided. The composition is suitable both for substrate applications in high precision electronics assemblies as well as over molding applications in conjunction with ceramic substrates. The composition includes a base polymer matrix material loaded with thermally conductive filler, which imparts thermal conductivity to the polymer matrix while also maintaining or enhancing the dielectric properties of the base polymer. The resultant composition exhibits CTE properties in the range of between 9 ppm/° C. and 2 ppm/° C., exhibits an optical anisotropy of below 1.5, and a thermal conductivity of greater than 2 W/m° K. The composition is suitable for use in over molding applications in conjunction with virtually any suitable electronics substrate material without the introduction of mechanical stresses produced by large CTE differentials.Type: GrantFiled: May 30, 2012Date of Patent: October 7, 2014Assignee: Cool Options, Inc.Inventor: James D Miller
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Publication number: 20140289826Abstract: A secure communication session is established between a first endpoint and a second endpoint. The first endpoint can contact the second endpoint via a first communication network and via a second communication network. The first communication network is more trusted than the second communication network. The first endpoint determines that a secure communication session is required. A security association is established between the endpoints for the communication session on a connection via the first communication network. Service is received on a connection via the second communication network using the previously established security association. The step of establishing a security association can comprise authenticating the second endpoint and negotiating a shared secret and the step of receiving service on a connection via the second communication network can occur without any further negotiation of key material or authentication between the endpoints via the second communication network.Type: ApplicationFiled: November 7, 2011Publication date: September 25, 2014Applicant: OPTIONInventor: Martin Tyrrel Croome