RV 20% batch (5 points underperformance)

Runs: 500

RV mean: 19.90%

RV st dev: .89%

mean RV-IV: -5.10 vol points

P/L mean: -5.01 vol points

P/L st dev: 1.92 vol points

5 points of underperformance predicts losing 5 vega points with a standard deviation of about 2 points.