Trading calculator
First Claim
1. An electronic calculator that determines trade order size(s) by price, using cash, margin, and buying power stored amount(s). Said device comprising:
- a case;
computer means mounted within the case including a) memory means containing information relating to a trading price(s) where said processor means being responsive to said storage means to divide a trading price(s) into the previously entered cash, margin, or buying power total to calculate a resultant trade order size(s). b) input entry means including a keyboard for manually entering a trading price(s), and the amount of cash, margin, or buying power being traded. c) processing means responsive to a trading price entered through the keyboard using dedicated or non-dedicated key(s) to obtain a resultant trade order size(s), which is equal to the amount of cash, margin, or buying power previously entered through the keyboard divided by price(s) previously entered through the keyboard, and for generating a first display signal corresponding to the resultant order size(s) and price(s); and
numeric means for manually inputting amount(s) for cash, margin, and buying power stored keys;
numeric means for manually inputting trading price(s). input means to select decimal or fractional mode of operation;
input means to modify/or clear the numeric trading price(s) including amount(s) for cash, margin, or buying power. input means for fractional and decimal price(s) that include “
manual input” and
“
pre-defined input”
methods using dedicated keys or non-dedicated digit entry key(s). input, processor, storage, and display means that accommodates decimals and fractions for determining price(s) and order size(s). processor means for calculating a trade order size(s) for the previously entered price(s), where said order size(s) and price(s) corresponds to the previously entered amount for cash, margin, and buying power. processor means for rounding down the resultant order size(s) to the next whole number and a display means for viewing this rounded number(s). processor means for determining an order size(s) for the price(s) previously entered through the keyboard, wherein said display means includes means for displaying the order size(s) and price(s) with descriptive acronyms. memory means for storing trading price(s), and a processor means being responsive to said storage means to divide trading price(s) into the previously entered amount of cash, margin, or buying power to calculate a resultant trade order size(s). display means for numbers indicative of the calculated order size(s) including trading price(s) and order size(s), enabling the trader to review same. display means for selectively displaying stored trading price(s) and calculated order size(s). look-up table means for storing trade price(s), so that trade price(s) can be divided into the amount of previously entered cash, margin, and buying power total, to determine trade order size(s). look-up table means for storing numeric value(s) that are responsive to the processor means to calculate trading price(s) and order size(s). said keyboard includes a dedicated or non-dedicated first command key operatively connected to the processing means for automatically initiating the operations of the processing means involving the price(s) previously entered and determining a trade order size(s) by dividing the amount of cash, margin, or buying power previously entered by price(s) previously entered, generating the first display signal upon entry of the price(s). processor means at least calculating EQU1 through EQU84, and also calculating each variable of each equation EQU1 through EQU84 that can be stored and displayed.
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Accused Products
Abstract
The specification discloses a hand-held electronic calculator for use by traders for rapidly and easily determining trade order size(s), number of option(s) or contract(s), and other unknown/or not stored variables for an option(s) trade, and a variety of margin, percentage, cash flow, and rate-of-return calculations. These “hand-held” electronic calculators for trading have a variety of product lines and models (e.g. pocket, hand-held, and desktop) and will be for “traders of all levels . . . trading securities of all types”. These innovative hand-held calculators allow traders worldwide to be fast, proactive, prepared, and informed . . . enabling them to increase productivity and profits. Trade order sizes can be determined for stocks, options, bonds, mutual funds, futures, indexes, currency, commodities, or any other security in the world that is traded using price and buying power as variables to compute trade order size. In addition, the number of option(s) or contract(s) can be determined quickly using pre-set cash amount(s), premium, and multiplier. Price/or premium and buying power are entered by the user, and they can then quickly scroll up/down through order size(s) or number of contract(s) by price/or premium in a range, with a variety of decimal/or fractional increments on “speed keys”. The hand-held calculator determines variables that are used during active trading (e.g. order sizes, number of contracts, option variables), and non-active trading (e.g. internal rate-of-return, financial mgmt rate of return, yield, gain/loss on sale, total dividends, etc.). The Trading Calculator has “Order Size”, “Options”, “Rate-of-Return”, and “Standard Calculator” modes.
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Citations
10 Claims
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1. An electronic calculator that determines trade order size(s) by price, using cash, margin, and buying power stored amount(s). Said device comprising:
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a case;
computer means mounted within the case including a) memory means containing information relating to a trading price(s) where said processor means being responsive to said storage means to divide a trading price(s) into the previously entered cash, margin, or buying power total to calculate a resultant trade order size(s). b) input entry means including a keyboard for manually entering a trading price(s), and the amount of cash, margin, or buying power being traded. c) processing means responsive to a trading price entered through the keyboard using dedicated or non-dedicated key(s) to obtain a resultant trade order size(s), which is equal to the amount of cash, margin, or buying power previously entered through the keyboard divided by price(s) previously entered through the keyboard, and for generating a first display signal corresponding to the resultant order size(s) and price(s); and
numeric means for manually inputting amount(s) for cash, margin, and buying power stored keys;
numeric means for manually inputting trading price(s). input means to select decimal or fractional mode of operation;
input means to modify/or clear the numeric trading price(s) including amount(s) for cash, margin, or buying power. input means for fractional and decimal price(s) that include “
manual input” and
“
pre-defined input”
methods using dedicated keys or non-dedicated digit entry key(s).input, processor, storage, and display means that accommodates decimals and fractions for determining price(s) and order size(s). processor means for calculating a trade order size(s) for the previously entered price(s), where said order size(s) and price(s) corresponds to the previously entered amount for cash, margin, and buying power. processor means for rounding down the resultant order size(s) to the next whole number and a display means for viewing this rounded number(s). processor means for determining an order size(s) for the price(s) previously entered through the keyboard, wherein said display means includes means for displaying the order size(s) and price(s) with descriptive acronyms. memory means for storing trading price(s), and a processor means being responsive to said storage means to divide trading price(s) into the previously entered amount of cash, margin, or buying power to calculate a resultant trade order size(s). display means for numbers indicative of the calculated order size(s) including trading price(s) and order size(s), enabling the trader to review same. display means for selectively displaying stored trading price(s) and calculated order size(s). look-up table means for storing trade price(s), so that trade price(s) can be divided into the amount of previously entered cash, margin, and buying power total, to determine trade order size(s). look-up table means for storing numeric value(s) that are responsive to the processor means to calculate trading price(s) and order size(s). said keyboard includes a dedicated or non-dedicated first command key operatively connected to the processing means for automatically initiating the operations of the processing means involving the price(s) previously entered and determining a trade order size(s) by dividing the amount of cash, margin, or buying power previously entered by price(s) previously entered, generating the first display signal upon entry of the price(s). processor means at least calculating EQU1 through EQU84, and also calculating each variable of each equation EQU1 through EQU84 that can be stored and displayed. - View Dependent Claims (2, 3, 4)
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5. An electronic calculator that determines number of option(s) and contract(s) by premium, using cash, margin, and buying power stored amount(s), including multiplier. Said device comprising:
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a case;
computer means mounted within the case including a) memory means containing information relating to a trading, premium(s) where said processor means being responsive to said storage means to divide a trading premium(s) into the previously entered cash, margin, or buying power total, then dividing this resultant number by the previously entered multiplier to calculate a final resultant number of option(s) or contract(s); and
b) input entry means including a keyboard for manually entering a trading premium(s) and multiplier, and the amount of cash, margin, or buying power being traded; and
c) processing means responsive to a trading premium entered through the keyboard using dedicated or non-dedicated key(s) to obtain a resultant number of option(s) or contract(s), which is equal to the amount of cash, margin, or buying power previously entered through the keyboard divided by premium(s) previously entered through the keyboard, then divided by multiplier previously entered, and for generating a first display signal corresponding to the resultant number of option(s) or contract(s) and premium(s); and
numeric means for manually inputting amount(s) for cash, margin, buying power, and multiplier stored keys; and
numeric means for manually inputting trading premium(s); and
input means to select decimal or fractional mode of operation; and
input means to modify/or clear the numeric trading premium(s) including amount(s) for cash, margin, buying power, and multiplier; and
input means for fractional and decimal premium(s) that include “
manual input” and
“
pre-defined input”
methods using dedicated keys or non-dedicated digit entry key(s).input, processor, storage, and display means that accommodates decimals and fractions for determining premium(s) and number of option(s) or contract(s). processor means for calculating a number of option(s) or contract(s) for the previously entered premium(s), where said number of option(s) or contract(s) and premium(s) corresponds to the previously entered amount for cash, margin, and buying power, and multiplier, and at least calculating EQU1-3 and EQU8-13. processor means for rounding down the resultant number of option(s) or contract(s) to the next whole number and a display means for viewing this rounded number(s). processor means for determining an number of option(s) or contract(s) for the premium(s) previously entered through the keyboard, wherein said display means includes means for displaying the number of option(s) and premium(s) with descriptive acronyms. memory means for storing trading premium(s), and a processor means being responsive to said storage means to divide trading premium(s) into the previously entered amount of cash, margin, buying power, and multiplier to calculate a resultant trade number of option(s) or contract(s). display means for numbers indicative of the calculated number of option(s) or contract(s) including trading premium(s) and number of option(s) or contract(s), enabling the trader to review same. display means for selectively displaying stored trading premium(s) and calculated number of option(s) or contract(s). look-up table means for storing trade premium(s), so that trade premium(s) can be divided into the amount of previously entered cash, margin, buying power, and multiplier total, to determine number of option(s) or contract(s), at least calculating EQU1-3 and EQU23-29. look-up table means for storing numeric value(s) that are responsive to the processor means to calculate trading premium(s) and number of option(s) or contract(s). said keyboard includes a dedicated or non-dedicated first command key operatively connected to the processing means for automatically initiating the operations of the processing means involving the premium(s) previously entered and determining a number of option(s) or contract(s) by dividing the amount of cash, margin, buying power, and multiplier previously entered by premium(s) previously entered, generating the first display signal upon entry of the premium(s). processor means at least calculating EQU1 through EQU84, and also calculating each variable of each equation EQU1 through EQU84 that can be stored and displayed - View Dependent Claims (6, 7, 8)
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9. An electronic calculator that determines unknown/or not stored variables for a variety of option(s) trade calculations to solve option(s) trading tasks. Said calculator comprising:
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numeric means for inputting option trade variables (number of options/calls or puts, premium, strike price, number of shares, multiplier, settlement value-automatic, settlement value non-automatic, cap interval, cap price, in money, total option dollar amount, # of options, premium per share, exercise price, etc.) Please refer to description of keys. display means for viewing the calculated/or stored option trading variables (number of options/calls or puts, premium, strike price, number of shares, multiplier, settlement value-automatic, settlement value non-automatic, cap interval, cap price, in money, total option dollar amount, # of options, premium per share, exercise price, etc. means for displaying numeric option variables, enabling the trader to insure that same are accurately stored. processor means for individually determining an options trading variable (number of options/calls or puts, premium, strike price, number of shares, multiplier, settlement value-automatic, settlement value non-automatic, cap interval, cap price, in money, total option dollar amount, # of options, premium per share, exercise price, etc.) that was not stored/unknown by at least calculating EQU4,6,8,10,27-29,33,34. storage means for storing option trading variables from numeric option input means, said processor means being responsive to said storage means to calculate individual variables of an options trade that were not stored/unknown. processor means for rounding (up or down) each calculation to the next whole number. means for displaying numbers indicative of the calculated trade option variables, enabling the trader to review same. means for manually inputting numbers to modify/or clear option trade variables/or functions including pre-set amount for cash, margin, or total buying power. means for determining option trade variables for each calculation, wherein said display means includes means for displaying the option trade variables with descriptive acronyms. processor means that determines a variety of trade option variables for American and European option types. input means further includes means for overriding/or clearing option variable input enabling the trader to redefine/re-input these variables. processor means at least calculating EQU1 through EQU84, and also calculating each variable of each equation EQU1 through EQU84 that can be stored and displayed
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10. An electronic calculator that determines unknown/or not stored variables for a variety of margin, percentage, and cash flow calculations that have been modified specifically to solve trading and investment tasks for all types of securities. Said calculator comprising:
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numeric means for inputting rate of return variables (FMRR %, IRR %, MIRR %, Net Present Value NPV, gain and loss, total dividends, average quarterly dividends, yield %, fees, total tax %, federal &
state tax %, purchase price, current price, number of shares, term, current share price, etc.).processor means for individually determining each rate of return (internal rate of return and financial mgmt rate of return) variable (FMRR %, IRR %, gain and loss, total dividends, average quarterly dividends, yield %, fees, total tax %, federal &
state tax %, purchase price, current price, number of shares, term, current share price, etc.) that was not stored/unknown by at least calculating EQU5,7,9,11,23-26,36-38,51-62,63-84.processor means to determine an income stream and nominal interest rate when calculating the internal rate of return. Means to calculate and re-calculate the present value of an income stream, as the discount rate is changed. The calculator will automatically set the net present value as close to zero as possible, thereby determining the internal rate of return. display means for viewing the calculated/or stored rate of return (internal rate of return and financial mgmt rate of return) variable (FMRR %, IRR %, gain and loss, total dividends, average quarterly dividends, yield %, fees, total tax %, federal &
state tax %, purchase price, current price, number of shares, term, current share price, etc.) that was stored or not stored/unknown.processor means for rounding (up or down) each calculation to the next whole number. means for displaying numeric rate-of-return variables, enabling the trader to insure that same are accurately stored. storage means for storing rate of return trading variables, from numeric rate of return input means, said processor means being responsive to said storage means to calculate individual variables for rates of return that were not stored/unknown. means for displaying numbers indicative of the calculated rate of return variables, enabling the trader to review same. means for manually inputting numbers to modify/or clear rate-of-return variables/or functions including pre-set amount for cash, margin, or total buying power. means for determining rate-of-return trade variables for each calculation, wherein said display means includes means for displaying the rate-of-return variables with descriptive acronyms input means further includes means for overriding/or clearing rate-of-return input enabling the trader to redefine/re-input these variables. processor means at least calculating EQU1 through EQU84, and also calculating each variable of each equation EQU1 through EQU84 that can be stored and displayed
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Specification