# Daily Straddle Heatmap - 7th 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---7th-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.

### **BankNifty Short Straddle:**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/678503c6de094cc233dd5285ad4nxccxsodenurbxdwmajsdazt-1tqhhjf872zauyfmdqkcpn4q4eyahwue8m7qk6-tajdqatxipy-vmed84rwfojhj5305gf9yjyqepclwpq1fgo84xonqjn6i-jyhvbsqirlrqba-1749217645746-compressed.png)

**Insights:**

- The **09:16 slot** was the most profitable with a total profit of **16,268** across all SL levels.
- Profits stabilize at higher SL levels (40–100), with total profits around **7,208** for these levels.
- Total cumulative profit across all slots is **58,844**, indicating strong potential when combined with disciplined SL management and early entry times.

### **FinNifty Short Straddle:**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/678503c6d0c37a0ab4783662ad4nxfxvabxagqtoylwqm1rovrltn8pqrru-rekh2gtw4zwpcpiejqdzayk1lhx6-cc9hozesihbhqydamsvp3djyrp3lw8fswmike-k6fjk0oc6ylb8h4puvbnrl5mdl-c9ymi-1749217646453-compressed.png)

**Insights:**

- The **09:16 slot** performed well, generating **8,411** with higher SL levels.
- Slots after 11:15 showed reduced profitability or minor losses, with a cumulative total for this slot at **2,483**.
- Total cumulative profit is **33,519**, with higher SL levels (30–100) offering better consistency.

### **MidCapNifty Short Straddle:**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/678503c5e961e5d519760120ad4nxewaljx8qkewiwe-wq1c47zivn0bxaztoyvd0ty2u-3sx9pveg7jphaoumrrh5tnncykypasxxx0eeupltymvm3vvnvf0frybfs3gcxhwt9aapxmsu0j83veq4ktwmshpwbjbs-1749217647172-compressed.png)

**Insights:**

- Total cumulative loss is **-30,768**.
- The **12:15 slot** shows minor profitability at higher SL levels (e.g., SL = 50) with a total of **4,545**.
- The **11:15 slot** incurred the highest losses, with cumulative losses exceeding **-5,000**.

### **Nifty Short Straddle:**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/678503c5e1d03778a2679402ad4nxca9sulkexpdl2pjskawxeznh1arldmer6scjzmbwvnim-ztl9npzcpavsy4wu7mvbjkpgp3eb6fyaic6z2hibnyqh8-jf3hvf8wz-luruuqss9gctngc5s-r6yns5rupct2-1749217647910-compressed.png)

**Insights:**

- The **09:16 slot** leads with a cumulative profit of **63,660**, particularly at higher SL levels (50–100).
- SL levels above 30 show consistent results across all time slots. **‍**
- Total cumulative profit is 150,900, making it the best-performing instrument for the day.

###### **‍** 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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