PATENT CLAIM ANALYSIS

Application Number: 15956737
Application Type: Utility
Filing Date: 2018-04
Publication Date: 2018-12
Patent Classification: ["705", "037000"]

Abstract:
An options server device on a data communication network to predict options behavior for comparison to other options. Now the trader can design more effective options spreads with the predicted relationships between multiple options prices and knowing the exact future price of options is not so critical. Users are provided with a simple interface, to apply formulas to thousands of options simultaneously and to view the results of the formulas in a visual format that is simple to interpret. By applying one formula at a time to a plurality of options, a user can gain insight to their relative behavior.

Claim (Index 1):
A computer-implemented method in an options trading server of generating statistical price distribution superimposed over a risk profile, the method comprising the steps of:\n receiving a selection of an underlying asset for a price statistical analysis concerning a potential trade; receiving a time period for historical price data for the underlying asset during the time period; generating a price histogram by normalizing historical price data by converting price value differences to percentage value differences; receiving current price data for the underlying asset; receiving a time period for the price statistical analysis of the potential trade; receiving an option trade for the underlying asset; generating a risk profile from the option trades; superimpose the price histogram over a risk profile for the selected time period; and outputting probability values for various profits corresponding to the risk profile.

Metadata:
- Claim Count in Document: 1.0
- Percentile: 91.0
- Lexical Diversity: 1.53623
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['10926184', '10999806', '12970571', '11760211', '12912354']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1174365994256244
- 35 USC 102 Novelty (BERT): 0.4732526398591517
- Combined Prediction Score: 0.1530182034689771
- Mean Citation Score: 168.87851
- Max Citation Score: 175.87538
- Similarity Product: 126.82332288439156

Labels:
- Claim Label 101: 0
- Claim Label 102: 0
- Claim Label 103: 1
- Claim Label 112: 0
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test