# Daily Straddle Heatmap - 8th 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---8th-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 seven eatmaps today. Let’s understand what we can learn from them.

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

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/678505a1a59e27e6a536d486ad4nxfuqjihywbpheb6y4oifg5ft9a2ekhqt5mvysmifkuuipavm9r9p-xait7wxvpq2bffgkpauez3ztyczf48xfvg3iabcedhz3oula3yutqi2iqmhfmawhxh9nltiiwpqjonz1g-1749217640616-compressed.png)

#### **Insights:**

- **09:16** performed well with profits of **5,771** at SL=50 and higher. This indicates that early morning slots tend to capture directional moves effectively.
- **11:15 to 13:45** resulted in significant losses, with losses exceeding **-3,000** across SL levels. This period might coincide with low volatility or false breakouts.
- Total losses of **-23,246** for the day, suggesting inefficiency in the strategy.
- SL levels above 50 provided some stability but failed to recover overall losses.

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

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/678505a1830acbf2511feeb9ad4nxebfeiwvbawyr0gezriyl87bjy3spckz4zmnyct-mofdcy8ekcppg5ywshjqqbhs3rfurorldz0wbyxtnh893j3gzq1scw9gfdzdidl0iirtu9onbzncwwcetsz1k3tgfcpenkg-1749217641357-compressed.png)

#### **Insights:**

- **09:16** yielded **5,573**, showing strong early morning performance at SL levels 50 and above.
- Midday time slots (12:15 onwards) displayed small but consistent profits across SL levels, indicating FinNifty is less volatile during these hours.
- Total profit of **14,291**, with profitability increasing with higher SL levels.

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

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/678505a12a0cb6c326c36f41ad4nxehuwozgxdsqnuk9i1tqdyaquhictsvxuppptwzyatw4prdwbjrhflgs3ctjvw1wpg9elkbmukdg26zilfciqpwrgri9ovre-xyvdae6ftjycgsmwumrzb6ausqppwjf-oknseg-1749217642085-compressed.png)

#### **Insights:**

- **12:15** showed strong profitability, yielding **6,650** at SL levels 50 and above.
- **11:15** incurred significant losses ( **-2,520**) at lower SL levels.
- Total profit of **13,470**, but performance was inconsistent throughout the day.

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

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/678505a1ad879082729144bfad4nxck44xtl47-sh7sstbgib3rcbyvfp62ophfi7l2iqdwujszlh-wx8nuozrfgjmb9hcsj9wxxgt21rxq3jxgwcnzefvx0j7ohr9knra5dpegddti3plaxjpevlqb584e6l-xsvvwg-1749217642871-compressed.png)

#### **Insights:**

- **12:15** was the standout performer with **22,099** in profits at SL=50.
- **10:15** incurred significant losses ( **-48,971**) due to high volatility and false signals.
- Total losses of **-42,761**, with mixed results depending on SL levels and time slots.

### **5\. BankNifty Short Straddle (Time Period)**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/678505a144c4da55aed83758ad4nxcamz9drzjmdms9zal6dd3kek5eg-qkd4u2hfhted6td3xflaqcm0rjrue5p2h45ovnhofdhmaeswzh7peckgryti7-zxux5f8e2c4rp1tvqu11gcwhtrtukskeqdvjl23sqc2a-1749217643454-compressed.png)

#### **Insights:**

- **09:16** continued to perform well, generating **4,163** in profits at SL=50 and above.
- Most other time slots, especially **10:15 to 13:45**, showed consistent losses.
- Total losses of **-4,526**, indicating the strategy struggled on this day.

### **6\. FinNifty Short Straddle (Time Period)**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/678505a1d0e46a57d833adc6ad4nxddmmwuoddngz6dqwjgbn92l-jjedkbtysvg47hie5rfnmz0xk7xgwgkh7n1ztx2erf1g7curpkx38blh-is-gzvfhqpmkcqqlzeqlv0hdqrfiecwhbnupoo9ybbqvgqxik3xba-1749217644011-compressed.png)

#### **Insights:**

- **10:45** generated profits of **4,724**, highlighting a midday opportunity for this instrument.
- Most slots displayed minor but stable profits, especially with SL levels above 30.
- Total profit of **17,114**, making it the most consistent performer for the day.

### **7\. MidCapNifty Short Straddle (Time Period)**

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/678505b1e1d03778a269b749ad4nxfrp6n2kfcpgo84bdwyn9gimatn9uxfpi56kqkl2ntbjqrlyktpwmwjxldqv1wy6ygzn49omsdyv6y9uueb7z0y4akstzgjx1alruccpn32krwgt1uh3pbmnrkxonhb4jkgsaw-1749217644585-compressed.png)

#### **Insights:**

- **12:15** was the most profitable, generating **6,650** at SL=50.
- **11:15** resulted in losses of **-2,630**, similar to the previous day.
- Total losses of **-19,513**, indicating inefficiency for this strategy.

###### **‍** 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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