# Daily Straddle Heatmap - 15th January, 2025
Author: AlgoTest
Author URL: https://algotest.in/blog/author/algotest/
Published: 2025-01-16
Category: Heatmaps
Category URL: https://algotest.in/blog/category/heatmaps/
URL: https://algotest.in/blog/daily-straddle-heatmap---15th-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/6788946cbe1c88fbe96c110ead4nxdgzj1ivjme7zg-2hd83zsy14gyanvsoeexcxls87tjawsadehkwjbfzcbjdegbindlt5bqb1ejmmcrvg2l9tutbtk7gozuwn74trnnxbd-xcaoxp2oevsyxwogwv55xp9esuqw-1749217623782-compressed.png)

**Insights:**

- Total P&L: **₹40,402**
- The day appears profitable with consistent gains across most time intervals and SL levels.
- **09:16:** Significant profit across all SL levels with a total of **₹10,598**.
- **12:15:** Moderate gains of **₹3,032**, consistent across all SL levels.
- **09:45:** Losses recorded at lower SL levels, but breakeven or profitable at higher SLs.
- **13:15:** Moderate losses at lower SLs, totaling **₹2,177**.

### **2\. Finnifty Short Straddle**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/6788946ceb7b98df76d171d5ad4nxemsjavyyddmvv7z7j-qcaw5wcl1u8jpipnvgaagkup0m3olbwrb5gdrweldzt7plnv2n6m3dembxqgcyos04itxd-rn17jzwyi-mtancym0wf7fm-4y-egrbg60jx0v5hxsreg-1749217624530-compressed.png)

**Insights:**

- Total P&L: **₹17,568**
- The day was moderately profitable, with mixed performance across time intervals.
- **09:16:** Profitable across all SL levels, contributing **₹8,623**.
- **10:45:** Moderate profit with a total of **₹1,830**.
- **09:45:** Losses seen at lower SL levels, with a total loss of **₹1,490**.
- **12:45:** Consistently poor performance across all SL levels, contributing **₹223** loss.

### **3\. MidcapNifty Short Straddle**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/6788946c551685cf8398f7caad4nxd49ydlo0b9ob3hyi79ejdfexo6e0uwvh2-kqy5hmm3in1colbgu-3w8rrhqo8uz0kbeta9lm3ro2oz1zs1ycotaosrrky9vcz90cncq9ghm9cdr8uylddjeuzp40avmcdkxyz-1749217625258-compressed.png)

**Insights:**

- Total P&L: **₹37,768**
- The day was profitable, with strong gains during the early intervals.
- **09:45:** Strong profit across all SL levels, contributing **₹6,385**.
- **12:15:** Consistent profits across SL levels, with a total of **₹2,198**.
- **09:16:** High volatility at lower SLs, resulting in **₹3,223**.
- **13:15:** Mixed results, with lower SLs yielding moderate losses.

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

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/6788946cdb56603eef049ab0ad4nxehunagxsfiwn-eqkm3-tvpenuuicsgsdoamgnddobjuruswmbttzup81iamjmbth9wiluvtoxsnct1k51ytwva7q0ddpkf3ggdscgdhaynkrowers97v1y6iblpfq6exlwwol3lg-1749217626004-compressed.png)

**Insights:**

- Total P&L: **₹43,616**
- A strong performance, particularly during morning intervals.
- **09:16:** Significant profit across all SL levels, totaling **₹25,669**.
- **10:15:** Profitable across all SL levels, contributing **₹3,161**.
- **12:15:** High volatility led to consistent losses, totaling **₹3,263**. **‍**
- 13:45: Mixed performance, with moderate losses across lower SL levels.

###### **‍** 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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