RV 26% batch (1 point outperformance)

Runs: 500

RV mean: 25.85%

RV st dev: 1.17%

mean RV-IV: +.85 vol points

P/L mean: +1.02 vol points

P/L st dev: 1.49 vol points

1 points of outperformance predicts earning 1 vega point with a standard deviation of about 1.5 points.

With RV and IV being close together, the red and black lines are very similar.