Not known Factual Statements About pnl
In the event you hedge each and every moment, you wouldn't understand the full pnl of your much larger SD moves however , you do seize the full pnl with the smaller sized intraday moves. Conversely, if You simply hedge as soon as on a daily basis, you won't notice the total pnl from the scaled-down intraday moves (like in your case in point) but yo