For those who hedge just about every moment, You would not know the entire pnl of your larger sized SD moves however you do seize the complete pnl in the lesser intraday moves. Conversely, if You simply hedge as soon as every day, you will not know the total pnl through the smaller intraday moves (like in your illustration) but you'll in return und… Read More

Should you hedge every single minute, You would not notice the complete pnl of the larger sized SD moves however , you do seize the total pnl on the smaller intraday moves. Conversely, if You simply hedge after each day, you won't realize the entire pnl with the scaled-down intraday moves (like with your instance) but you'd in return realize the en… Read More