Patent ID: 7966248
Filing Date: 2011-06-21
Classification: G06Q

Abstract:
1. A computer-implemented method comprising: Accessing by a computer, data regarding a variable option on at least one of: a hedge fund, a fund of funds, and a hedge fund index, wherein said variable option is associated with a note and with at least one zero coupon municipal bond such that: said note is configured to have a specified price, said at least one zero coupon municipal bond is configured to have a bond price less than said specified price and to provide a return substantially equal to said specified price, and said variable option is configured to have: an option premium substantially equal to the difference between said specified price and said bond price, a variable notional amount that is initially substantially equal to said specified price, and a variable strike price that is initially substantially equal to said bond price; and periodically updating said data, by a computer, by re-computing said variable notional amount of said variable option and said variable strike price of said variable option.