(12) United States Patent (10) Patent No.: US 8,200,569 B1 Zerenner Et Al
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USOO8200569B1 (12) United States Patent (10) Patent No.: US 8,200,569 B1 Zerenner et al. (45) Date of Patent: Jun. 12, 2012 (54) OPTION SEARCH CRITERIA TESTING 4,961,139 A 10/1990 Hong et al. 4,989,141 A 1, 1991 Lyons et al. (75) Inventors: Ernest H. Zerenner, Wilmington, DE SEG A 3: kE l (US); Gregory an Aerner, 5,169,342J. W. J. A 12/1992 SteeleOSKa et Ca. al. .................. 434/112 Newark, DE (US); Michael L. Chupka, 5,189,056 A 2/1993 Orlando et al. Newark, DE (US) 5, 193,056 A 3/1993 Boes 5,218,700 A 6/1993 Beechick ................... 395/259.2 (73) Assignee: Power Financial Group, Inc., 5,220,500 A 6/1993 Baird et al. Wilmington, DE (US) 5,247,575 A 9/1993 Sprague et al. 5,257,938 A 1 1/1993 Tien .............................. 434/128 5,260,999 A 1 1/1993 Wyman ............................. 384/4 5,262,942 A 11/1993 Earle ....... ... 364,408 (*) Notice: Subject to any disclaimer, the term of this 5,270,922. A 12/1993 fins . 364,408 patent is extended or adjusted under 35 inued U.S.C. 154(b) by 583 days. (Continued) (21) Appl. No.: 11/820,952 FOREIGN PATENT DOCUMENTS GB 2161003 1, 1986 (22) Filed: Jun. 21, 2007 (Continued) Related U.S. Application Data OTHER PUBLICATIONS (60) Eyjal application No. 60/815,966, filed on Jun. PowerOptions, First in WEB based interactive options search s engines, http://www.poweropt.com, 2001, 1 page. (51) Int. Cl. (Continued) G06O40/00 (2012.01) (52) U.S. Cl. ............................................ 705/37; 705/35 Primary Examiner — Jagdish Patel (58) Field of Classification Search .................... 705/35, (74) Attorney, Agent, or Firm — Woodcock Washburn LLP 705/37 See application file for complete search history. (57) ABSTRACT (56) References Cited A sySVStem fOr test1nging optiOot1On Searchh Strategiesgi COmr1SeSpri a repository of historical option data reflecting financial market conditions on a plurality of days in the past. The system is U.S. PATENT DOCUMENTS adapted to receive user defined search criteria for searching 4,209,845. A 6/1980 Berger et al. ................. 364,900 the repository of historical option data for option investments, 4,334.270 A 6, 1982 Towers ......................... 364/300 4,566,066 A 1, 1986 Towers search the repository of historical option data for option 4,611,280 A 9, 1986 Linderman ................... 364/300 investments satisfying the user defined search criteria, and 4,648,037 A 3, 1987 Valentino transmit the results. The system is further adapted to receive 4,674,044 A 6, 1987 Kalmus et al. ................ 364,408 a request to use the user defined search criteria to search i.S. A 23. Myet al. .................. 3.35. current financial market data for existing investment oppor 4,846,687. A 7/1989 White et al. .................. 434/112 tunities. 4,870,610 A 9, 1989 Belfer ........................... 364,900 4,878,843. 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