Patent ID: 8650114

Claim:
A method for providing automatic execution of electronic options, comprising: providing a plurality of electronic options for a plurality of different airline services to a plurality of client network devices each with one or more processors from a first server network device with one or more processors via a computer network, wherein the plurality of airline services include services for a selection of: a desired seat row location, a desired seat location in a desired row location, a plurality of adjacent seats in a desired row, a plurality of adjacent seats in a plurality of desired rows, a desired location in an overhead bin to store carry-on luggage, a priority boarding sequence, a priority exiting sequence, priority pre-flight baggage handling, priority post-flight baggage handling, cancellation and change privileges for a purchased airline ticket, a priority list position in a stand-by list and a priority list position in an up-grade list for an automatic upgrade to a first class seat, business class seat or other non-economy seat, wherein the plurality of electronic options include specialized airline option terms that allow reservation of the plurality of airline services for a pre-determined period, wherein the plurality of electronic options are not supplied or governed via a central government agency and are not supplied or governed via security laws and wherein the plurality of electronic options are available for purchase via a plurality of different pre-determined option fees; receiving securely on the first server network device one or more pre-determined option fees from a first client network device to purchase one or more electronic options with the specialized airline option terms for one or more desired airline services via the computer network; recording on the first server network device the purchase of the one or more electronic options for the one or more pre-determined option fees in a database associated with the first server network device; receiving on the first server network device one or more final selection messages to exercise the one or more purchased electronic options from the first client network device via the computer network; determining whether the one or more desired airline services are actually available for purchase with the one or more purchased electronic options at the desired airline, from the first service network device via the computer network, and if so, exercising automatically the one or more purchased electronic options, each at a final option exercise price and reserving the one or more desired airline services at the desired airline from the first client network device via the computer network; and sending a confirmation from the first server network device to the first client network device via the computer network indicating the one or more desired airline services have been purchased with the one or more purchased electronic options at the desired airline.