THE GREATEST GUIDE TO PNL

$ From the "function case" you liquidate the portfolio at $t_1$ realising its PnL (allow me to simplify the notation somewhat)I am significantly serious about how the "cross-effects"* between delta and gamma are handled and would love to see a simple numerical example if that's achievable. Many thanks in advance!For realistic levels of spreads and

ExIRExIR 16711 bronze badge $endgroup$ 1 $begingroup$ Many thanks for supporting, but does that mean theta pnl only partially offsets Gamma pnl instead of entirely whether or not implied vol = realized vol? Due to the fact assuming fascination costs are zero, there is absolutely no other supply of generating revenue. $endgroup$La mente y el cuerpo