# Daily Straddle Heatmap - 10th January, 2025
Author: AlgoTest
Author URL: https://algotest.in/blog/author/algotest/
Published: 2025-01-13
Category: Heatmaps
Category URL: https://algotest.in/blog/category/heatmaps/
URL: https://algotest.in/blog/daily-straddle-heatmap---10th-january-2025/

Daily Straddle Heatmap

[AlgoTest](https://algotest.in) heatmaps make it easier for you to understand a clear picture of your trading performance. These [heatmaps](https://algotest.in/heatmap) visually represent data like time, performance metrics, and win rates. Think of them as a map highlighting where your strategies work best and where they stumble. For example, a heatmap might reveal that trades during certain hours of the day consistently yield higher profits.

We are taking four eatmaps today. Let’s understand what we can learn from them.

### **1\. BankNifty Short Straddle**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/67850831e961e5d5197b43a1ad4nxfem3pgpxqqllbibpzcaxrlekl9jmim2hhezzjnqfrw0grlhsng7vn5jemdpvngfzoyyido3ctbnhvjbluy0od2bcm-7gf2m2hmroj8c88nppyowjvaa0n9mfxbl07bjgj9rx-1749217633866-compressed.png)

#### **Insights:**

- **09:16** was the most profitable, yielding **9,566** at SL=10 and above.
- **10:15 and 10:45** incurred significant losses, with **-5,038** and **-4,996**, respectively, at SL=20.
- Post **13:15**, the strategy stabilized, yielding profits between **2,242 to 3,933** at SL=40 and above.
- Total profit of **32,706**, driven primarily by the early morning slot and post-midday stabilization.

### **2\. FinNifty Short Straddle**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/67850832a18902c4b1f1b547ad4nxefdsa48vpxcl3tmaedqyaqiqqrrhofpxwqqmcj-eecziwq232o5bdmflg5q1e6r1d6l1vzvpifjcmwna9csbr2qpmgo7zufyxzgla6htkf54izmzvo8egt7g7c63z70hhg3kw-1749217634586-compressed.png)

#### **Insights:**

- **09:16 and 09:45** delivered strong profits, with **6,536** and **6,565**, respectively, at SL=10 and above.
- **10:15 and 10:45** resulted in moderate losses, with **-1,931** and **-1,910**, respectively, at SL=10.
- Post **11:15**, the strategy showed steady gains, with profits averaging **2,500** across SL levels.
- Total profit of **32,255**, indicating strong overall performance.

### **3\. MidCapNifty Short Straddle**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/67850831a000a5272fac66d5ad4nxcbxgpdukp1-eq89kgopuwdyjbgzz-bcgjpabttnu9ao5sowq7-ukzezsnld390sgynsgnduackddhi-ia2sbxi6wbq6wufrkr6-qgkghhue6wt9abcmubpywhavesl08olzjxw-1749217635354-compressed.png)

#### **Insights:**

- **09:45** showed the highest profitability, with **8,550** at SL=50 and above.
- **10:15 and 10:45** incurred heavy losses, with **-3,960** and **-4,755**, respectively, at SL=20.
- Most slots post **11:15** showed mixed results, with small losses or negligible gains.
- Total loss of **-13,728**, highlighting the inefficiency of this strategy on this instrument.

### **4\. Nifty Short Straddle**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/67850831ad8790827293dcc7ad4nxdqgrecqccuwnkoj8chxdmcdbgd0w3zcee7pwc44hxbr8txhqja97itgvdd59wenlagnzyh68ufuvhurznqtigu6cilqkf4uehligoixuod4yvrsircz3cqsktxfbmgtmen4hw-1749217636167-compressed.png)

#### **Insights:**

- **11:15** yielded exceptional profitability, with **18,098** across SL levels.
- **09:16 and 09:45** resulted in significant losses, with **-5,306** and **-5,670**, respectively, at SL=20.
- Slots post **12:45** showed moderate recovery, with profits averaging **6,500** at SL=50 and above. **‍**
- Total profit of **95,216**, driven primarily by mid-morning and midday slots.

###### **‍** You can also check [heatmaps](https://algotest.in/heatmap) for MidCapNifty, Nifty, BankNifty, and FinNifty across different dimensions to better understand market trends.


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