Moneyness

t₁

t₂

t₃

t₄

ITM

CV

2.7637

2.5162

2.2631

2

K = 8

EV

2.3043

2.7788

2.6616

4.6717

ATM

CV

0.9452

0.6861

0.4141

0

K = 10

EV

0.3043

0.7788

0.6616

2.6717

OTM

CV

0.2610

0.1310

0.0303

0

K = 12

EV

0

0

0

0.6717