Deriving a probability distribution of a value of an asset...

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Reexamination Certificate

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Reexamination Certificate

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07555454

ABSTRACT:
Data are received that represents current prices of options on a given asset. An estimate is derived from the data of a corresponding implied probability distribution of the price of the asset at a future time. Information about the probability distribution is made available within a time frame that is useful to investors, for example, promptly after the current option price information becomes available.

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