Systems and methods for dynamically visualizing potential trade outcomes based on real-time options price data
AssigneeOptionsAI, LLC
InventorsJohn L. Foley, Alexander Griffiths, Calvin C. Lagator, Demetrios Lyristis
Life of this patent
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Abstract
This invention relates to systems and methods for processing and visualizing data related to trading strategies for exchange-traded equities based upon real-time options data.
Claims15
A computer-implemented method of aggregating options market data from one or more remote market data services over a network and distributing an options market information visualization tool to a remote user computer for analyzing the aggregated options market data and constructing trade strategies by selecting a price target from a real-time expected move chart, comprising the steps of:
- aggregating, via a transmission server comprising a central processing unit and a server communication transceiver, options market data from one or more remote market data services and storing the options market data in a non-transitory storage medium;
- distributing to the remote user computer the options market information visualization tool comprising an interactive graphical user interface;
- displaying on a display associated with the remote user computer the interactive graphical user interface, featuring:
- a company's identifying information, ticker symbol, current stock price, and daily stock price change or percent change;
- one or more event indicators in association with one or more event dates, wherein the one or more event indicators each comprises a symbol;
- a plurality of pre-populated time periods for which to calculate the current stock price's expected move, wherein the pre-populated time periods comprise a plurality of dates;
- an adjustable price target;
- and
- a real-time expected move chart;
- selecting, using an expected move selector operable by a user via the remote user computer, from among the plurality of pre-populated time periods and the adjustable price target to create a hypothetical trade scenario;
- transmitting the user selections over a network to a consensus module that, in response to receiving the user selections, accesses the aggregated options market data and calculates a bullish consensus expected move and a bearish consensus expected move from options prices for the selected time period and formats the bullish consensus expected move and the bearish consensus expected move for concurrent display in graphical and numerical form on the real-time expected move chart;
- concurrently displaying on the real-time expected move chart the bullish consensus expected move, and the bearish consensus expected move in graphical and numerical form;
- identifying nearest options strikes and expiries in an options chain and payout outcomes;
- mapping the adjustable price target to the nearest options strikes and expiries and displaying on the real-time expected move chart;
- and
- dynamically updating the real-time expected move chart in response to the consensus module receiving additional user selections.
A system for aggregating options market data from one or more remote market data services over a network and distributing an options market information visualization tool to a remote user computer for analyzing the aggregated options market data and constructing trade strategies by selecting a price target from a real-time expected move chart, comprising:
- a transmission server comprising a central processing unit and a server communication transceiver that aggregates options market data from one or more remote market data services and stores the options market data in a non-transitory storage medium;
- an options market information visualization tool comprising an interactive graphical user interface distributed to the remote user computer, the interactive graphical user interface displaying on a display associated with the remote user computer:
- a company's identifying information, ticker symbol, current stock price, and daily stock price change or percent change;
- one or more event indicators in association with one or more event dates, wherein the one or more event indicators each comprises a symbol;
- a plurality of pre-populated time periods for which to calculate the current stock price's expected move, wherein the pre-populated time periods comprise a plurality of dates;
- an adjustable price target;
- and
- a real-time expected move chart that dynamically updates in response to user selections from among the plurality of pre-populated time periods and the adjustable price target;
- an expected move selector operable by a user via the remote user computer to make user selections from among the plurality of pre-populated time periods and the adjustable price target to create a hypothetical trading scenario;
- and
- a consensus module that in response to receiving the user selections from among the plurality of pre-populated time periods and the adjustable price target transmitted over a network from the remote user computer following inputs by the expected move selector, accesses the aggregated options market data, calculates a bullish consensus expected move and a bearish consensus expected move from options prices for the time period selection;
- formats the bullish consensus expected move and the bearish consensus expected move for concurrent display in graphical and numerical form on the real-time expected move chart, then causes the bullish consensus expected move and the bearish consensus expected move to be displayed on the interactive graphical user interface real-time expected move chart on the remote user computer, and thereafter dynamically updated in response to receiving additional user selections.
Dependencies are inferred from the claim text.