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

And this relies on the rebalancing frequency. But "expected P&L" refers to an average in excess of all probable price paths. So There exists not automatically a contradiction below. $endgroup$Ie: If We all know the inventory will probably near near the opening rate as it constantly performs on the 1 vol, and its midday as well as inventory is down