User:Thumbtack2007/sandbox

Michael T. Parkinson (born October 28, 1938), aka Mike Parkinson or M T Parkinson, is an American programming language designer, software engineer, financial analyst and physicist. Among his notable contributions is the valuation of the American Put option (something that the Black-Scholes formula does not do), the Z test for the mean of a Pareto-Levy (stable) distribution and the G test for the volatility of the Pareto-Levy (stable) distribution.

Financial Markets
Arbitrage models for theoretical values of stock, foreign exchange, commodities and futures options, based on the Black-Scholes methodology, and for the trading US common stocks without market risk.

Specialized mathematical and statistical software to perform analysis of stock and futures behavior, where data can be treated parametrically (normal, tempered pareto-levy, tempered stable) or non-parametrically as needed.

Seismic Exploration
Fast accurate seismic migration software.

Physics
Theoretical models of elementary particle interactions.

Publications
10 papers in theoretical particle physics

15 technical reports on seismic oil and gas exploration

20 technical reports on trading options

Education

 * Saint Ignatius High School, San Francisco, California 1956 (magna cum laude)
 * BS in Engineering Physics, U California Berkeley 1960
 * MS in Physics, Univerity of Chicago 1961
 * PhD in Physics, University of Chicago 1965
 * 1963-65 National Science Foundation Graduate Fellowship

Personal life and career
Born in San Francisco 1938; married in 1960 to Nancy Paynter; two children, Maria 1961 and Theresa 1963; divorced from Nancy 1989; remarried to Joan Bennane Peterson 1992; twelve grandchildren (8 from Joan's side, 4 from Mike's side); 1 great-grandchild (Mike's side)

Assistant Professor, UCLA 1965-1967 Assistant Professor, Syracuse University 1967-1969 Assistant Professor, University of Florida 1969-1976 Associate Professor, University of Florida 1976-1977 Research Geophysicist, Gulf Oil Corporation, Pittsburgh, PA 1977-1979 Senior Research Geophysicist, Gulf Oil Corporation, Pittsburg, PA 1979-1981 Vice President, Research, O'Connor and Associates 1981-1991 Partner, Zenith Group, 1992-1993, Greenwich, CT Partner, Weston Group, 1994-1995, Grennwich, CT Travel and management of investments, 1996-2000 Realtor, Michael Saunders and Co, 2001-2006 President, Sarasota Personal Computer Services, 2006-present President, PDQMS Inc, 2018-present