[vpFREE] VP Volatility: single-line > multi-line?

 

Not necessarily a new topic, but I can't find any in-depth discussion or explanation of why, for example, five-play is less volatile than single-play.  If, in fact, it is, is there a formula for calculating the difference?  And is it reasonable to assume 10-play is less volatile than 5-play?


Thanks for any help...    

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