Patent ID: 8090636
Filing Date: 2012-01-03
Classification: G06Q

Abstract:
1. An information system operative for calculating a theoretically correct value for a Model Option contract, comprising: a data storage device configured to store information pertaining to the Model Option contract, an option contract that confers a contractual right that enables the option contract's holder to force delivery of a cash settlement price that is determined by using a specified valuation methodology that is described in the option contract, the specified valuation methodology including a description of an option pricing model and input values to be used to run the option pricing model; a computer linked to the data storage device configured to: receive and store in the data storage device the option pricing model specified in the specified valuation methodology of the Model Option contract; receive and store in the data storage device the input values to run the option pricing model as described in the specified valuation methodology of the Model Option contract; and calculate the theoretically correct value for the Model Option contract by performing the steps of: