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

Which depends on the rebalancing frequency. But "expected P&L" refers to a median in excess of all doable rate paths. So there is not necessarily a contradiction listed here. $endgroup$Ie: If We all know the inventory will near near the opening cost because it usually performs over a 1 vol, and its midday as well as inventory is down -10%, we under