Automated options trading system that generates a flattened trading spread
AssigneeTD Ameritrade IP Company, Inc.
InventorsVictor Anthony Jones, Arun Venkatesh
Life of this patent
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AssigneeTD Ameritrade IP Company, Inc.
InventorsVictor Anthony Jones, Arun Venkatesh
Estimating the term…
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.
A computer implemented method for generating a flattened spread, the method comprising:
A system, comprising:
A non-transitory computer-readable device having instructions stored thereon that, when executed by at least one computing device, cause the at least one computing device to perform operations, the instructions comprising:
Dependencies are inferred from the claim text.