Patents Assigned to Option
  • Publication number: 20160343082
    Abstract: 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: Application
    Filed: February 22, 2016
    Publication date: November 24, 2016
    Applicant: Chicago Board Options Exchange, Incorporated
    Inventors: Antonio Mele, Yoshiki Obayashi
  • Publication number: 20160318740
    Abstract: A system and method for monitoring and displaying operating conditions of a winch mechanism.
    Type: Application
    Filed: April 25, 2016
    Publication date: November 3, 2016
    Applicant: OPTION INDUSTRIES INC.
    Inventors: Dustin KOS, Tony WONG, Marlin BELANGER
  • Publication number: 20160225084
    Abstract: A system and method for creating a limited risk derivative based on a realized variance of an underlying equity is disclosed. In one implementation, a limited risk derivative product includes a capped value for a statistical property reflecting a variance of the underlying equity is calculated based on a pari-mutuel action. The capped value comprises a dynamic value and a cap. The dynamic value reflects an average volatility of prices returns of the underlying equity over a predefined period of time and the cap reflects a maximum value of the dynamic value. The limited risk derivative product additionally includes an average of a summation of each squared daily return of the underlying equity included in the value for the statistical property reflecting the variance of the underlying equity.
    Type: Application
    Filed: September 9, 2015
    Publication date: August 4, 2016
    Applicant: CHICAGO BOARD OPTIONS EXCHANGE, INCORPORATED
    Inventors: Daniel Feuser, Eric Chern, Paul Kepes, Andrew Hall, Lewis Biscamp, John C. Hiatt, Jr., Catherine Shalen
  • Publication number: 20160225083
    Abstract: A method of creating and trading derivative contracts based on a statistical property reflecting a variance of an underlying asset is disclosed. Typically, an underlying asset is chosen to be a base of a variance derivative and a processor calculates a value of the statistical property reflecting an average volatility of price returns of the underlying asset over a predefined period. A trading facility display device coupled to a trading platform then displays the variance derivative based on the value of the statistical property reflecting the volatility of the underlying asset and the trading facility transmits variance derivative quotes from liquidity providers over at least one dissemination network.
    Type: Application
    Filed: September 9, 2015
    Publication date: August 4, 2016
    Applicant: CHICAGO BOARD OPTIONS EXCHANGE, INCORPORATED
    Inventors: Daniel Feuser, Eric Chern, Paul Kepes, Andrew Hall, Lewis Biscamp, John C. Hiatt, JR.
  • Publication number: 20160208548
    Abstract: An adjustable-width barricade for removable installation at the bottom of a staircase includes a flexible, frameless, planar, and generally-rectangular barrier member that extends between two posts on either side of the staircase. The barrier member is installed in a banister-to-banister configuration, a wall-to-banister configuration, or a wall-to-wall configuration. The barrier member has a front and back surface that forms an interior space therebetween. The adjustable-width barricade further includes a plurality of fasteners extending from one or both sides of the barrier member for tensioning engagement between one or both posts that maintains the lateral or horizontal integrity of the barricade.
    Type: Application
    Filed: September 21, 2015
    Publication date: July 21, 2016
    Applicant: BETTER OPTIONS, LLC
    Inventor: Janelle Fitzpatrick
  • Patent number: 9289513
    Abstract: 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: Grant
    Filed: March 21, 2012
    Date of Patent: March 22, 2016
    Assignee: OPTION PHARMACEUTICALS, LLC
    Inventor: Tod Lauerman
  • Patent number: 9283617
    Abstract: A screw and method for processing metal, metallic alloys, and metal matrix composites in a plastic injection molding machine is disclosed. The screw includes shank with a screw shaft extending from the shank. The screw shaft includes a rear portion proximate to the shank, a middle portion proximate the rear portion, and a front portion proximate the middle portion. Flights extend from the rear portion of the screw shaft for advancing material through the plastic injection molding machine into the middle portion of the screw shaft. Flights may optionally be included in the front portion of the screw.
    Type: Grant
    Filed: March 7, 2008
    Date of Patent: March 15, 2016
    Assignee: COOL OPTIONS, INC.
    Inventor: Kevin A. McCullough
  • Publication number: 20160060972
    Abstract: 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: Application
    Filed: August 26, 2014
    Publication date: March 3, 2016
    Applicant: OPTION INDUSTRIES INC.
    Inventors: Dustin KOS, Marlin BELANGER, Barry HUCIK, Farid SHIRKAVAND
  • Publication number: 20160048915
    Abstract: An automated trading exchange having integrated quote risk monitoring and quote modification services. An apparatus is implemented using at least one computer, having memory, and a processor. The computer is configured to receive orders and quotes, wherein specified ones of the quotes are contained in a quote group, and have associated trading parameters such as a risk threshold. Not all received quotes are required to have trading parameters as described herein. Preferably, the quote group contains all the quotes, or a subset of quotes, belonging to an individual market-maker for a given class of options contracts, or possibly the quotes of two or more market-makers that have identified themselves as belonging to a group for the purposes of risk monitoring and quote modification. The computer typically generates a trade by matching the received orders and quotes to previously received orders and quotes, and otherwise stores each of the received orders and quotes if a trade is not generated.
    Type: Application
    Filed: March 25, 2015
    Publication date: February 18, 2016
    Applicant: CHICAGO BOARD OPTIONS EXCHANGE
    Inventors: Ross G. Kaminsky, Richard A. Angell, Gordon D. Evora
  • Publication number: 20160027114
    Abstract: A computer system for calculating a time deposit 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 time deposit derivatives; calculate, using the data regarding options on time deposit derivatives, the time deposit volatility index; and transmit data regarding the time deposit volatility index.
    Type: Application
    Filed: September 17, 2015
    Publication date: January 28, 2016
    Applicant: CHICAGO BOARD OPTIONS EXCHANGE, INCORPORATED
    Inventors: Antonio Mele, Yoshiki Obayashi
  • Publication number: 20150376962
    Abstract: 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: Application
    Filed: June 18, 2015
    Publication date: December 31, 2015
    Applicant: OPTION INDUSTRIES INC.
    Inventors: Dustin KOS, Marlin BELANGER, Preston KURASH
  • Patent number: 9170073
    Abstract: 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: Grant
    Filed: August 20, 2013
    Date of Patent: October 27, 2015
    Assignee: AR Tactical Options LLC
    Inventor: Steven D. Mangold
  • Patent number: 9140056
    Abstract: An adjustable width barricade includes a frameless, flexible, washable, aesthetically attractive, and generally-rectangular barrier that mounts between banisters of a stairwell. The adjustable width barricade does not require drilling into the stairwell banisters and is removeably mountable without damaging either the structural integrity or decorative finish of wooden banisters, balusters, rails, or posts. Multiple strap-like fasteners attach the barrier to stairway banisters or posts, including posts having vertically varying diameters and configurations, that are non-parallel relative to each other, that are non-perpendicular relative to the flooring surface, or that are otherwise asymmetrical. A plurality of rigid, structural support members are inserted into vertical channels in the barrier that maintain the height of the barrier when installed.
    Type: Grant
    Filed: February 25, 2009
    Date of Patent: September 22, 2015
    Assignee: BETTER OPTIONS LLC
    Inventor: Janelle Fitzpatrick
  • Patent number: 9092813
    Abstract: 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: Grant
    Filed: March 13, 2013
    Date of Patent: July 28, 2015
    Assignee: Smart Options, LLC
    Inventors: Christian S. Pappas, Charles P. Brown
  • Patent number: 9070150
    Abstract: 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: Grant
    Filed: January 9, 2013
    Date of Patent: June 30, 2015
    Assignee: Smart Options, LLC
    Inventors: Christian S. Pappas, Charles P. Brown
  • Patent number: 9064258
    Abstract: 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: Grant
    Filed: March 12, 2013
    Date of Patent: June 23, 2015
    Assignee: Smart Options, LLC
    Inventors: Christian S. Pappas, Charles P. Brown
  • Patent number: 9047634
    Abstract: 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: Grant
    Filed: March 14, 2013
    Date of Patent: June 2, 2015
    Assignee: Smart Options, LLC
    Inventors: Christian S. Pappas, Charles P. Brown
  • Patent number: 9040874
    Abstract: 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: Grant
    Filed: November 26, 2007
    Date of Patent: May 26, 2015
    Assignee: Tec-Option, Inc.
    Inventor: Bryan W. Domschot
  • Patent number: 9026472
    Abstract: 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: Grant
    Filed: March 13, 2013
    Date of Patent: May 5, 2015
    Assignee: Smart Options, LLC
    Inventors: Christian S. Pappas, Charles P. Brown
  • Patent number: 9026471
    Abstract: 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: Grant
    Filed: March 12, 2013
    Date of Patent: May 5, 2015
    Assignee: Smart Options, LLC
    Inventors: Christian S. Pappas, Charles P. Brown