# Daily Straddle Heatmap - 1st 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---1st-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 heatmaps today. Let’s understand what we can learn from them.

#### **1\. Nifty Short Straddle:**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/6784fe4562c258eac0718fa3ad4nxfmi1z6amledddnyzzov2irodqh3vgyeeq3n8x-l0qzdi1pab4xdjnfwzilb4j3i3sys3izzjmbeuwr-h-qjlvu57qbkjoucooipbb9ap-6vsdgcdkjkd8qnsbkloiioapeuswlrw-1749217659179-compressed.png)

- **Insights**:
  - **Best Time:** 12:45 with a profit of **19,046**.
  - **Worst Time:** 09:16 with a loss of **-24,923**.
  - **Optimal SL Range:** **40 to 60**, showing consistent positive results.
- **Observation:** Nifty performs better in the midday intervals, with heavy losses in the opening sessions.

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

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/6784fe457cfa2a47fd47a04aad4nxctjvj1q16b53uhhkfxlcvxnwaumybfd6anqftm-mp0ydqpp0tzzp6v3nqi1zxgptuxsdgkfoz2iycy7g1crrehnlwco1uqi8xrmif6yahanmy2krdxisxlfjy-bit68wbopfq-1749217659946-compressed.png)

- **Insights:**
  - **Best Time:** 11:15 with a profit of **6,725**.
  - **Worst Time:** 09:16 with a loss of **-4,675**.
  - **Optimal SL Range:** **50 to 60**, showing balanced performance across multiple intervals.
- **Observation:** Finnifty has steadier results across the day, with 11:15 to 12:15 showing the highest profitability.

#### **3\. Midcap Nifty Short Straddle:**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/6784fe46cf5093d65c5a356dad4nxe4mzkisu91piteobwtsjnrb-s6drehefmvb9cwlhwtavd5iejtszgkv0ttrvx0bu9srzky1njhdzi0u8o-5d8cowoalzoknbjfatlequdc3uzv-27qkfw84zjppp4zfggliqmq-1749217660651-compressed.png)

- **Insights:**
  - **Best Time:** No significant profitable time intervals; most results are negative.
  - **Worst Time:** 09:16 with a loss of **-10,388**.
  - **Overall Performance:** Losses dominate across all SL ranges and times.
- **Observation:** Midcap Nifty seems unsuitable for this strategy due to consistently poor results.

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

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/6784fe4682522e41026f4fc3ad4nxe-vo3bkbmg3smdar75almvwh1r-ovcpj9znvpkwlmumyju3ec9-wttfelhktlj1rbdgrhw8znbabthzfrn7zhhiyownyld8tyf3f7wk66jvpxon85js7gbgwtuxgbkojeuyabt8g-1749217661440-compressed.png)

- **Insights:**
  - **Best Time:** 14:15 with a profit of **3,308**.
  - **Worst Time:** 09:16 with a loss of **-10,924**.
  - **Optimal SL Range:** **50 to 60**, delivering positive returns in later intervals. **‍**
- **Observation:** Bank Nifty shows a late-session recovery, suggesting the strategy performs better in the afternoon.

**‍** 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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