HOW MUCH YOU NEED TO EXPECT YOU'LL PAY FOR A GOOD PNL

In the event you hedge each and every moment, You would not recognize the full pnl with the bigger SD moves however , you do capture the complete pnl in the smaller sized intraday moves. Conversely, if You merely hedge when daily, you will not recognize the full pnl within the lesser intraday moves (like with your illustration) but you would probab