http://lmgtfy.com/?q=define+intuition
You just described to me how you've looked at the numbers and have an idea of what they are...that equals intuition! And the funny thing about humans and our intuition is that we're normally wrong.
I'm saying that you need to find the average to the 4th decimal place, find the standard deviation, multiply it by 2 and add it to the average so that I can be 95% certain that your number makes sense. I have no idea what a standard deviation of returns is for 1 week, 1 month, 1 year, but I'm willing to take a trade that you don't either (yet). If you want to be super-cool about it, do all the calculations on log-normal returns rather than standard returns (they account for a more true distribution of returns and are additive - but knowing that was extra credit in FINC 689 so not too important ).
This has huge repercussions -> what if I enter a trade and my payout is only $150 when the TRUE and FAIR payout should have been $200 due to someone's concept of "this is normal"? I've been shortchanged by someone who was unwilling to do the legwork to find out what that option should have required for margin.
Again, I'm sassy and harsh at times, but I really do wish your success. This is something I learned at a place I once worked - when someone is smashing you about every single number you put forth, you learn your stuff pretty quick :p
@Goomboo: this is where I ask if you're looking to be argumentative again
I said I had looked at the numbers in response to you saying look at your numbers.
How do you define "fair"? What if I do what you suggest and when reality plays out the numbers are even further off? At some point traders have to take some share of responsibility themselves. The numbers are published, and if they are not comfortable with any mathematical outcome they are not forced to trade by anybody.