| Moneyness range | No. of records | Mean absolute percentage error (MAPE) | Mean percentage error (MPE) | Standard deviation (SD) | |||
| BS | SVH | BS | SVH | BS | SVH | ||
| Deep OTM | 399575 | 94.8584 | 90.7328 | 94.8584 | 90.7328 | 7.5783 | 11.5977 |
| OTM | 784955 | 79.9728 | 61.4171 | 79.9728 | 61.1088 | 17.2617 | 27.5145 |
| ATM | 968587 | 35.1221 | 21.2730 | 35.1221 | 16.7311 | 17.9281 | 19.4275 |
| ITM | 44341 | 8.8085 | 7.6556 | 8.7123 | 6.1742 | 6.3367 | 7.4749 |
| Deep ITM | 3848 | 4.3303 | 4.5474 | 4.3258 | 4.1556 | 2.9167 | 3.4789 |