I told you before to check the CBOE(Chicago Board Options Exchange), the stats should be there somewhere. Historically, the ratio has been about 90%. I do not know what it is currently. I was a heavy options trader many years ago, and the stats year in year out ran about 90% back then, as I have already stated. It may have changed, but I doubt it.
This does not seem to be a stat you want to here, so just ignore it.
It is a function of how they are priced with intrinsic value, and time premiums combined. This stat is very useful in trading options. This is why the pros are option sellers not buyers. This is a stat to be embraced in my opinion, it gives a tremendous advantage to those who know what they are doing.
This would be the arb guys, and a few hedge funds. They develop very complex algorithms to exploit this. They lock in the guaranteed small gains with large size, and just do it over and over again. It is kind of like Best Buys model. The margins are very slim, but the volume is very high.
