Patents Assigned to Option
  • Patent number: 7349878
    Abstract: A Monte Carlo system and method are presented for the pricing of financial instruments such as derivative securities and for assisting a user in making an investment decision using the output of the system and method. A path-integral approach is described that relies upon the probability distribution of the complete histories of an underlying security. A Metropolis algorithm is used to generate samples of a probability distribution of the paths (histories) of the security. Complete information on the derivative security is obtained in a single simulation, including parameter sensitivities. Multiple values of parameters are also obtained in a single simulation. The method is applied in a plurality of systems, including a parallel computing environment and an online real-time valuation service. The method and system also have the capability of evaluation American options using Monte Carlo methods.
    Type: Grant
    Filed: May 9, 2000
    Date of Patent: March 25, 2008
    Assignee: Options Technology Company, Inc.
    Inventor: Miloje S. Makivic
  • Patent number: 7321872
    Abstract: A method of opening option trading in an automated exchange trading system. The system receives orders and quotes and matches the orders and quotes to generate trades. The method includes the step of accepting, during a first time period, quotes and orders associated with an option class. The first time period precedes the opening of trading. An opening value of an underlying security is received and opening prices for a number of option series in the option class are determined. Additional quotes and orders are received during a second time period and the opening prices are responsively updated. The second time period is terminated at a randomly selected time and opening rotations begin.
    Type: Grant
    Filed: October 30, 2000
    Date of Patent: January 22, 2008
    Assignee: Chicago Board Options Exchange
    Inventors: Ross G. Kaminsky, Gordon D. Evora
  • Patent number: 7311140
    Abstract: A net-shape molded heat sink is provided which includes a thermally conductive main body and a number of thermally conductive fins integrally connected to and emanating from the main body. The heat sink is formed by overmolding a carbon-carbon matrix core plate with a thermally conductive polymer composition that is filled with thermally conductive filler material. The molded heat sink is freely connecting through the part which makes it more efficient and has an optimal thermal configuration.
    Type: Grant
    Filed: November 5, 2002
    Date of Patent: December 25, 2007
    Assignee: Cool Options, Inc.
    Inventor: Kevin A. McCullough
  • Patent number: 7309845
    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 15, 2004
    Date of Patent: December 18, 2007
    Assignee: Tec-Option, Inc.
    Inventor: Bryan W. Domschot
  • Publication number: 20070274478
    Abstract: A remote station for a security system, a method of providing security and a security system incorporating at least one remote station. In one embodiment, the remote station includes: (1) a query unit configured to generate a query to a requestor regarding a reason for an attempt by said requestor to gain entry to particular premises and (2) a response recorder associated with said query unit and configured to receive a response to said query and cause said response to be stored.
    Type: Application
    Filed: May 2, 2006
    Publication date: November 29, 2007
    Applicant: Open Options, Incorporated
    Inventor: George Crawford
  • Patent number: 7301501
    Abstract: A telecommunications card for wireless telecommunication between a host device and one or more wireless networks The card comprises electronics for converting data into telecommunication signals and vice versa and a single antenna structure (2) comprising an antenna in the form of a flat radiation pattern (50) for transmitting and receiving said telecommunication signals. The radiation pattern (50) comprises a first portion (51) with a predetermined shape enabling transmission and receipt of telecommunication signals via a mobile telephone network and a second portion (52) with a predetermined shape enabling transmission and receipt of telecommunication signals via a wireless local area network.
    Type: Grant
    Filed: October 12, 2004
    Date of Patent: November 27, 2007
    Assignee: Option
    Inventors: Chris De Vos, Jan Wijnen, Thomas Stevens
  • Patent number: 7235918
    Abstract: A thermally-conductive polymer composition suitable for making molded reflector articles having light-reflecting surfaces is provided. The composition comprises: a) about 20% to about 80% by weight of a base polymer matrix such as polycarbonate; and b) about 20% to about 80% by weight of a thermally-conductive carbon material such as graphite. The composition can be used to make reflector articles such as housings for automotive tail lamps, head lamps, and other lighting fixtures. A method for manufacturing reflector articles is also provided.
    Type: Grant
    Filed: June 11, 2003
    Date of Patent: June 26, 2007
    Assignee: Cool Options, Inc.
    Inventors: Kevin McCullough, James Miller, E. Mikhail Sagal
  • Patent number: 7217249
    Abstract: A brace for supporting the knee of the wearer. The brace has an adjustable support mechanism for accommodating a variety of leg shapes. The hinge portion of the brace is adjustable so that there is proper balanced support on opposite sides of the knee. Furthermore, the brace is universal in applicability and may be used on either the right or left leg.
    Type: Grant
    Filed: February 27, 2003
    Date of Patent: May 15, 2007
    Assignee: New Options Sports
    Inventor: John Scott
  • Publication number: 20070088643
    Abstract: The instant invention facilitates home purchasing for parties that desire a lease-to-own option for a home purchase. The instant invention provides the Future Home Buyer the choice to buy the home of their choice on the open market by entering into a lease option agreement via the operation of the instant invention.
    Type: Application
    Filed: October 12, 2006
    Publication date: April 19, 2007
    Applicant: Home Option, Inc.
    Inventor: Warren Doi
  • Publication number: 20070073605
    Abstract: A method for trading non financial options in a virtual marketplace, including an option seller that provides for trading an option in respect of product or service. The option is associated with option price and option terms including option expiration date. An option buyer provides a buying price. There is further provided the step of calculating option trading, including transferring option ownership to the buyer if the following conditions are met: (i) verifying at least the seller, the buyer and the option, (ii) determining that if the option price matches said buying price, and charging the buyer with an option price.
    Type: Application
    Filed: September 27, 2005
    Publication date: March 29, 2007
    Applicant: Via Option Ltd.
    Inventors: Itai Kohavi, Yoah Bar-David
  • Publication number: 20070012762
    Abstract: A method for accessing a smart card (SIM) from a host device (TE), the smart card being connected to the host device (TE) via a telecommunications card (MT), the telecommunications card (MT) comprising a command interpreter (TA) for interpreting host device commands and a modem (ME) with associated smart card reader for enabling said telecommunication and user identification, the modem (ME) being only accessible to the host device via the command interpreter (TA), the method comprising the steps of: (a) providing an access command (AT+CSIM) on the host device, said access command instructing the command interpreter (TA) to pass on any attached command originating from the host device (TE) to the smart card reader; (b) attaching an application command (APDU) to said access command (AT+CSIM) and forwarding both to the command interpreter (TA); (c) performing said application command (APDU) on the smart card reader; (d) storing a response given by the smart card (SIM) to said application command in a first buffe
    Type: Application
    Filed: June 28, 2006
    Publication date: January 18, 2007
    Applicant: OPTION
    Inventors: Geert Van Overbeke, Jan Heylen, Jan Vercruysse
  • Patent number: 7137565
    Abstract: A method for accessing a smart card (SIM) from a host device (TE) via a telecommunications card (MT), the telecommunications card (MT) comprising a command interpreter (TA) for interpreting host device commands and a modem (ME) with associated smart card reader, the modem (ME) being only accessible to the host device via the command interpreter (TA), the method comprising the steps of: (a) providing an access command (AT+CSIM) on the host device, instructing the command interpreter (TA) to pass on any attached command originating from the host device (TE) to the smart card reader; (b) attaching an application command (APDU) to the access command (AT+CSIM) and forwarding both to the command interpreter (TA); (c) performing the application command (APDU) on the smart card reader; (d) storing a response given by the smart card (SIM) in a first buffer which is accessible towards the host device (TE).
    Type: Grant
    Filed: October 12, 2004
    Date of Patent: November 21, 2006
    Assignee: Option
    Inventors: Geert Van Overbeke, Jan Heylen, Jan Vercruysse
  • Patent number: 7132071
    Abstract: A method of molding reinforced polymer compositions using a molding machine with a tapered bore is provided. The method has particular application in molding polymer that is reinforced with particles having an aspect ratio that is greater than 1:1. The plunger machine used in the method includes a barrel housing with a smooth walled barrel with longitudinal fins projecting inwardly towards the center of the bore that defines a main melt chamber. A plunger housing, having a plunger bore, defines an initial melt chamber and is in communication with the main melt chamber. A plunger resides in the plunger bore and is reciprocatable therein. The barrel bore is continuously inwardly tapered and cooperates with the longitudinal fins to provide a shortened melt period and a smooth transition and alignment of reinforcing members within the polymer mixture during the melt process.
    Type: Grant
    Filed: July 1, 2004
    Date of Patent: November 7, 2006
    Assignee: Cool Options, Inc.
    Inventor: Lyle James Smith
  • Patent number: 7077642
    Abstract: A plunger machine for molding reinforced polymer compositions is provided. The plunger machine has particular application in molding polymer that is reinforced with particles having an aspect ratio that is greater than 1:1. The plunger machine includes a barrel housing with a smooth walled barrel with longitudinal fins projecting inwardly towards the center of the bore that defines a main melt chamber. A plunger housing, having a plunger bore, defines an initial melt chamber and is in communication with the main melt chamber. A plunger resides in the plunger bore and is reciprocatable therein. The barrel bore is continuously inwardly tapered and cooperates with the longitudinal fins to provide a shortened melt period and a smooth transition and alignment of reinforcing members within the polymer mixture during the melt process.
    Type: Grant
    Filed: July 1, 2004
    Date of Patent: July 18, 2006
    Assignee: Cool Options, Inc.
    Inventor: Lyle James Smith
  • Patent number: 7077990
    Abstract: A method for making a stator assembly having a thermally-conductive, plastic housing for a high speed motor is provided. A thermally-conductive, high-density polymer composition is used to make the housing, and the stator is uniformly encapsulated therein. The polymer composition comprises a base polymer matrix such as polyphenylene sulfide, and a thermally-conductive, high-density filler material such as zinc oxide.
    Type: Grant
    Filed: June 26, 2003
    Date of Patent: July 18, 2006
    Assignee: Cool Options, Inc.
    Inventor: James Miller
  • Patent number: 7037102
    Abstract: A plunger machine for molding reinforced polymer compositions is provided. The plunger machine has particular application in molding polymer that is reinforced with particles having an aspect ratio that is greater than 1:1. The plunger machine includes a barrel housing with a smooth walled barrel with longitudinal fins projecting inwardly towards the center of the bore that defines a main melt chamber. A plunger housing, having a plunger bore, defines an initial melt chamber and is in communication with the main melt chamber. A plunger resides in the plunger bore and is reciprocatable therein. The barrel bore is continuously inwardly tapered and cooperates with the longitudinal fins to provide a shortened melt period and a smooth transition and alignment of reinforcing members within the polymer mixture during the melt process.
    Type: Grant
    Filed: August 6, 2002
    Date of Patent: May 2, 2006
    Assignee: Cool Options, Inc.
    Inventor: Lyle Smith
  • Publication number: 20060013176
    Abstract: Method for managing simultaneous connections of a mobile telecommunications device to at least a wireless local area network and a mobile telephone network via a single terminal of the mobile telecommunications device, the method comprising the steps of: (a) establishing a first wireless connection of the terminal with the wireless local area network, (b) establishing a second wireless connection of the terminal with the mobile telephone network, (c) responding to each network at predetermined times, such that the first and second wireless connections are maintained, and (d) preventing simultaneous transmittals of data from the terminal to both networks over the first and second wireless connections.
    Type: Application
    Filed: June 3, 2005
    Publication date: January 19, 2006
    Applicant: Option
    Inventors: Chris De Vos, Axel Schollaert, Lambert Achien, Jan Vercruysse
  • Patent number: 6986435
    Abstract: The present invention relates to a self-heating container for heating consumable items such as food and beverages. The container assembly includes a star-shaped inner container for holding heating media that produces an exothermic reaction, and an outer container for holding a consumable item such as food and beverages. The inner container includes a thermally conductive polymer composition, and the outer container includes a heat-insulating material. The thermally conductive polymer composition includes a base polymer matrix and filler material.
    Type: Grant
    Filed: August 22, 2002
    Date of Patent: January 17, 2006
    Assignee: Cool Options, Inc.
    Inventors: E. Mikhail Sagal, James D. Miller
  • Patent number: 6981805
    Abstract: An electronic connector having a housing containing a circuit board with a heat-generating component, such as a photodiode or laser, is provided. The housing is molded over the circuit board and heat-generating component. The housing is made from a moldable, thermally conductive polymer composition containing a base polymer and thermally conductive filler material. Liquid crystal polymers can be used as the base polymer, and boron nitride particles and carbon fibers can be used as the thermally conductive filler materials. In one embodiment, the thermally conductive polymer composition includes 30 to 60% of a base polymer, 25% to 50% of a first thermally conductive filler material, and 10 to 25% of a second thermally conductive filler material. The molded housing is capable of dissipating heat from the heat-generating component. A method for making the electronic connector is also provided.
    Type: Grant
    Filed: December 14, 2004
    Date of Patent: January 3, 2006
    Assignee: Cool Options, Inc.
    Inventors: James D. Miller, E. Mikhail Sagal, Kevin A. McCullough
  • Patent number: 6976769
    Abstract: A light-emitting diode reflector assembly having a heat pipe and a reflector body is provided. The assembly further includes a mounting member for mounting a circuit board having an array of light-emitting diodes. The mounting member and reflector body are made from a thermally-conductive polymer composition comprising: i) about 20% to about 80% by weight of a base polymer matrix such as polycarbonate; and ii) about 20% to about 80% by weight of a thermally-conductive material such as carbon graphite.
    Type: Grant
    Filed: June 11, 2003
    Date of Patent: December 20, 2005
    Assignee: Cool Options, Inc.
    Inventors: Kevin McCullough, James Miller, E. Mikhail Sagal