Indirect answer: Make your FV the price at which, given a fill and the subsequent hedge, the EV of your realized PNL = 0. So it should depend on your risk holding time expectation conditional on a fill at each moment.
Indirect answer: Make your FV the price at which, given a fill and the subsequent hedge, the EV of your realized PNL = 0. So it should depend on your risk holding time expectation conditional on a fill at each moment.
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@dan_is_coding what if you dont hedge on other instruments?