Invention Grant
- Patent Title: Automated options trading system that generates a flattened trading spread
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Application No.: US14101011Application Date: 2013-12-09
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Publication No.: US10540715B2Publication Date: 2020-01-21
- Inventor: Victor Anthony Jones , Arun Venkatesh
- Applicant: TD Ameritrade IP Company, Inc.
- Applicant Address: US NE Omaha
- Assignee: TD Ameritrade IP Company, Inc.
- Current Assignee: TD Ameritrade IP Company, Inc.
- Current Assignee Address: US NE Omaha
- Agency: Harness, Dickey & Pierce, P.L.C.
- Main IPC: G06Q20/04
- IPC: G06Q20/04 ; G06Q40/04

Abstract:
Disclosed herein are system, method, and computer program product embodiments for generating a flattened trading spread. An embodiment operates by receiving one or more inputs indicating criteria for a potential trade including a stock, a predicted direction for the stock, a predicted duration for the predicted direction, a tolerable probability of success, and a tolerable percentage of potential loss from an account. A scan on the stock within the predicted duration is executed against a database containing real-time quotes and associated trading data. Results returned from the executing are processed to determine if each result accords with one or more strategies determined to meet the criteria. For each result determined from the processing to accord with a strategy, a flattened spread is calculated based on the criteria, the flattened spread comprising: a probability of success, a measure of return, and a measure of risk.
Public/Granted literature
- US20150032592A1 Automated Options Trading System That Generates a Flattened Trading Spread Public/Granted day:2015-01-29
Information query