Tradable investment unit

Abstract

A tradable investment unit is an inseparable combination of a predetermined quantity of a tradable security together with a put option contract for the predetermined quantity of the tradable security. The combination will specify the minimum price and thereby the maximum potential loss of the tradable investment unit to purchasers. The profit potential will be unlimited as the price of the tradable security increases above the cost of the tradable investment unit.

What is claimed is: 
     
         1 . A tradable investment unit, said tradable investment unit comprising:
 a predetermined quantity of a underlying tradable security, said tradable security having option contracts associated therewith, said option contracts being available for purchase and sale; and   a equivalent put option contract on said predetermined quantity of said underlying tradable security; and   wherein a maximum loss will be limited by a minimum specified redemption value for the combined tradable security and put option contract investment unit by the strike price of the put option contract.   
     
     
         2 . The tradable investment unit as defined in  claim 1  wherein said underlying tradable security is a stock. 
     
     
         3 . The tradable investment unit as defined in  claim 1  wherein said underlying tradable security is an exchange traded fund. 
     
     
         4 . The tradable investment unit as defined in  claim 1  wherein said underlying tradable security is a debt obligation. 
     
     
         5 . The tradable investment unit as defined in  claim 1  wherein said underlying tradable security is a commodity. 
     
     
         6 . The tradable investment unit as defined in  claim 1  wherein said underlying tradable security is a call option contract.