Okay the people want managing short-dated options positions. This is generally a PITA because short-dated options have a very unstable risk profile: the Greeks change as they approach expiration and become extremely sensitive to spot and vol moves.
How option desks run their books.
Increasing the frequency of hedging significantly improves the stability of the P&L distribution, reducing the risk.
More frequent hedging leads to a more predictable P&L outcome.
youtube.com/watch?v=pKFD6J…