NOT KNOWN FACTUAL STATEMENTS ABOUT PNL

In case you hedge each minute, You would not recognize the entire pnl on the greater SD moves but you do seize the total pnl of the scaled-down intraday moves. Conversely, if you only hedge at the time every day, you won't notice the complete pnl from your lesser intraday moves (like as part of your instance) but you would probably in return recogn