Which depends upon the rebalancing frequency. But "anticipated P&L" refers to a median about all probable selling price paths. So You can find not essentially a contradiction in this article. $endgroup$

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So How can delta-hedging frequency just impact the smoothness and variance of PnL if we are able to Evidently see it affects PnL alone in this example?

$begingroup$ In Fastened Profits, I know that bonds PnL are evaluated based on the place the cost lies on value/yield curve at the conclusion of the day, as compared to where it started off from at starting in the working day.

Para ello tenemos que pensar en algo que realmente haga cambiar nuestra conducta habitual ante una situación, algo que sea aparentemente imposible.

Partimos de la premisa que no se puede no comunicar. La comunicación que mantenemos con nuestro entorno es constante, siempre estamos comunicando y las palabras son, muchas veces, la parte menos importante del acto comunicativo.

La PNL es un modelo que busca entender cómo las personas estructuran sus experiencias subjetivas y cómo pueden modificar sus patrones de pensamiento y comportamiento para alcanzar sus objetivos.

You issue would be additional on-subject matter if it summarized That which you currently understand with regard to the calculations and questioned a certain question with regard to the unclear portion(s). $endgroup$

What are successful numerical procedures for resolving coupled Sylvester-like equations? additional very pnl hot questions

Obtaining again to the initial question, and sticking to a first order approximation in the CS01. With the standpoint on the defense consumer :

$begingroup$ @nbbo2 I'm making use of the particular cost path in the example to get a motive, it disproves The premise of delta-hedging frequency indirectly influencing PnL. And that i imply "predicted P&L" as the choice premium (PnL) replicated by delta-hedging a situation which can be calculated by subtracting recognized volatility from implied volatility.

La PNL utiliza las submodalidades para cambiar la forma en que una persona experimenta un recuerdo o una emoción. Por ejemplo, si alguien tiene un recuerdo traumático, se puede trabajar con las submodalidades para reducir la intensidad emocional asociada con ese recuerdo.

So if I purchase an option and delta hedge then I earn a living on gamma but drop on theta and both of these offset one another. Then how do I Recuperate possibility value from delta hedging i.e. shouldn't my pnl be equal to the choice price paid out?

Having said that, the existence of considerable autocorrelation in the return approach would hint that we will be able to trade using futures/linear solutions on a intraday horizon which would almost certainly (soon after accounting for liquidity and theta) prove far more successful to trade when compared to the delta hedging approach.