THE 2-MINUTE RULE FOR PNL

In the event you hedge each minute, You would not know the full pnl of the larger sized SD moves however, you do seize the complete pnl on the smaller sized intraday moves. Conversely, if You simply hedge when on a daily basis, you will not know the total pnl in the lesser intraday moves (like as part of your instance) but you would in return recog