THE 5-SECOND TRICK FOR PNL

When you hedge just about every minute, You would not know the total pnl of your much larger SD moves however you do seize the total pnl with the more compact intraday moves. Conversely, if You merely hedge once on a daily basis, you won't notice the total pnl from the scaled-down intraday moves (like within your case in point) but you'd probably i