Patents by Inventor Vergil L. Daughtery, III

Vergil L. Daughtery, III has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • APPARATUSES AND PROCESSES FOR CALCULATING OPTIONS
    Publication number: 20090240535
    Abstract: The present invention introduces an apparatus and process which may be implemented on a vast variety of computer systems. The apparatus and process of the present invention use a computer system to receive and store data representative of a particular asset, a type of option (call or put), requested exercise price and a multitude of other variables related to the asset. The apparatus and process then generate data representative of an option premium. The data representative of the option may then be used for transacting an option, as the basis for determining a correlated expiring option premium, or to determine the premium of an asset relatable to a corresponding option. Other embodiments are also claimed and described.
    Type: Application
    Filed: April 10, 2009
    Publication date: September 24, 2009
    Inventor: Vergil L. Daughtery, III
  • Apparatuses and processes for calculating options
    Patent number: 7536334
    Abstract: The present invention introduces an apparatus and process which may be implemented on a vast variety of computer systems. The apparatus and process of the present invention use a computer system to receive and store data representative of a particular asset, a type of option (call or put), requested exercise price and a multitude of other variables related to the asset. The apparatus and process then generate data representative of an option premium. The data representative of the option may then be used for transacting an option, as the basis for determining a correlated expiring option premium, or to determine the premium of an asset relatable to a corresponding option. Other embodiments are also claimed and described.
    Type: Grant
    Filed: February 22, 2006
    Date of Patent: May 19, 2009
    Inventor: Vergil L Daughtery, III
  • Apparatus and process for calculating an option
    Patent number: 7024384
    Abstract: The present invention introduces an apparatus and process which may be implemented on a vast variety of computer systems. The apparatus and process of the present invention use a computer system to receive and store data representative of a particular asset, a type of option (call or put), requested exercise price and a multitude of other variables related to the asset. The apparatus and process then generate data representative of an option premium. The data representative of the option may then be used for transacting an option, as the basis for determining a correlated expiring option premium, or to determine the premium of an asset relatable to a corresponding option.
    Type: Grant
    Filed: July 16, 2001
    Date of Patent: April 4, 2006
    Inventor: Vergil L. Daughtery, III
  • Apparatus and process for calculating an option
    Patent number: 6263321
    Abstract: The present invention introduces an apparatus and process which may be implemented on a vast variety of computer systems. The apparatus and process of the present invention use a computer system to receive and store data representative of a particular asset, a type of option (call or put), requested exercise price and a multitude of other variables related to the asset. The apparatus and process then generate data representative of an option premium. The data representative of the option may then be used for transacting an option, as the basis for determining a correlated expiring option premium, or to determine the premium of an asset relatable to a corresponding option.
    Type: Grant
    Filed: March 4, 1999
    Date of Patent: July 17, 2001
    Assignee: Economic Inventions, LLC
    Inventor: Vergil L. Daughtery, III
  • Apparatus and process for executing an expirationless option transaction
    Patent number: 5884286
    Abstract: The present invention introduces an apparatus and process which may be implemented on a vast variety of computer systems. The apparatus and process of the present invention use a computer system to receive and store data representative of a particular asset, a type of option (call or put), requested exercise price and a multitude of other variables related to the asset. The apparatus and process then generate data representative of an expirationless option premium for use in transacting an expirationless option.
    Type: Grant
    Filed: September 17, 1996
    Date of Patent: March 16, 1999
    Inventor: Vergil L. Daughtery, III