(12) United States Patent (10) Patent N0.: US 8,595,123 B1 Zerenner Et A]
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US008595123B1 (12) United States Patent (10) Patent N0.: US 8,595,123 B1 Zerenner et a]. (45) Date of Patent: *Nov. 26, 2013 (54) OPTION SEARCH CRITERIA TESTING 4,648,037 A 3/1987 Valentino 4,674,044 A 6/1987 Kalmus et al. Inventors: Ernest H. Zerenner, Wilmington, DE 4,774,666 A 9/1988 Miyao et al. (75) 4,823,265 A 4/1989 Nelson (US); Gregory James Zerenner, 4,846,687 A 7/1989 White et al. Newark, DE (U S); Michael L. Chupka, 4,870,610 A 9/1989 Belfer Newark, DE (U S) 4,878,843 A 11/1989 Kuch 4,961,139 A 10/1990 Hong et al. Assignee: Power Financial Group, Inc., 4,989,141 A l/l99l Lyons et al. (73) 5,101,353 A 3/1992 Lupien et al. Wilmington, DE (U S) 5,161,103 A 11/1992 Kosaka et al. 5,169,342 A 12/1992 Steele et al. (*) Notice: Subject to any disclaimer, the term of this patent is extended or adjusted under 35 (Continued) USC 154(b) by 0 days. FOREIGN PATENT DOCUMENTS This patent is subject to a terminal dis claimer. GB 2161003 l/l986 GB 2210714 6/1989 W0 WO 97/42591 ll/l997 (21) Appl. N0.: 13/465,325 W0 WO 98/09229 3/1998 (22) Filed: May 7, 2012 OTHER PUBLICATIONS Related US. Application Data U.S. Appl. No. 09/676,374, ?led Sep. 29, 2000, Zerenner. U.S. Appl. No. l0/607,4l8, ?led Jun. 26, 2003, Zerenner. (63) Continuation of application No. 11/ 820,952, ?led on Jun. 21, 2007, now Pat. No. 8,200,569. (Continued) (60) Provisional application No. 60/815,966, ?led on Jun. Primary Examiner * Jagdish Patel 22, 2006. (74) Attorney, Agent, or Firm * Woodcock Washburn LLP Int. Cl. (51) (57) ABSTRACT G06Q 40/00 (2012.01) (52) US. Cl. A system for testing option search strategies comprises a USPC ............................................. .. 705/37; 705/35 repository of historical option data re?ecting ?nancial market (58) Field of Classi?cation Search conditions on a plurality of days in the past. The system is USPC .................................................... .. 705/35, 37 adapted to receive user de?ned search criteria for searching See application ?le for complete search history. the repository of historical option data for option investments, search the repository of historical option data for option (56) References Cited investments satisfying the user de?ned search criteria, and transmit the results. The system is further adapted to receive U.S. PATENT DOCUMENTS a request to use the user de?ned search criteria to search current ?nancial market data for existing investment oppor 4,209,845 A 6/1980 Berger et a1. 4,334,270 A 6/1982 Towers tun1t1e5~ 4,566,066 A l/l986 Towers 4,611,280 A 9/1986 Linderman 20 Claims, 11 Drawing Sheets US 8,595,123 B1 Page 2 (56) References Cited 2005/0131796 A1 6/2005 Bridges et al. 2005/0216390 A1 9/2005 Snider et al. 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