WHAT DOES PNL MEAN?

If you hedge every moment, You would not realize the full pnl of your larger sized SD moves however , you do seize the complete pnl in the more compact intraday moves. Conversely, if you only hedge as soon as per day, you will not comprehend the total pnl in the lesser intraday moves (like in your illustration) but you'll in return comprehend the f

the recognized danger aspects are without a doubt adequate to materially describe the expected price improve of your position and, if (two) the designs utilized to determine sensitivities to these hazard things are accurate.Stack Trade network contains 183 Q&A communities together with Stack Overflow, the biggest, most trusted on the net Group for