# Daily Straddle Heatmap - 9th 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---9th-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/6785074fa18902c4b1f0bc07ad4nxcgubu3u3sxy2hwx4soek6tvid5cwqajdklvixayrmtbwvk2v40nhi8xncixdydpgeseqqbygfbvzkidoqeu9g9zyr3i5r9ukbwey8xmm-oopnqqzahyqcrds54hbxciz3ql55q-1749217637321-compressed.png)

#### **Insights:**

- **09:16** was the most profitable, yielding **6,584** with consistent performance at SL=40 and above.
- **12:15** resulted in significant losses, with **-3,708** across all SL levels.
- Time slots from **11:15 to 13:45** showed persistent losses, suggesting inefficiency during midday trading hours.
- Total loss of **-3,020**, with profits concentrated in the morning and losses dominating the midday sessions.

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

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/6785074fb57d08a472c1ab7ead4nxfq4efp0bompjrqmgjdqlq3vsp47ledecnwqhvowlhg1vu0wmkinztldehytbn1aubqkpxlzp-liaosuqpq72o9jgwq0gvvqwn7ngfwtekl8ssbn6ujkejo1ffgb-upx8yps8jxbg-1749217637981-compressed.png)

#### **Insights:**

- **11:45** delivered strong profits of **2,925** across all SL levels.
- **12:15** showed the most significant losses, with **-1,448** at SL=10 and moderate losses across higher SL levels.
- Time slots after **13:15** contributed modest but consistent profits, indicating stability during these hours.
- Total profit of **9,689,** making it a more stable instrument compared to others.

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

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/6785074f8b69c54b110b6634ad4nxet7mu1ddvj8d41ensfeuctax-m1-ondldjke3iwhvsjarjnsdwsz8sethqcd3anyacuiprgjf1hm553vo-oammxjsizbkzkmwyfhw7cnbqwsninopxdblwjg70qpo5zvbwdg-1749217638723-compressed.png)

#### **Insights:**

- **12:45** yielded **3,875**, the highest profit of the day, at SL=50 and above.
- **09:16** resulted in the largest losses, with **-2,808** at lower SL levels.
- Late morning and midday slots like **11:15 to 13:45** showed moderate but consistent profits, with minimal losses.
- Total profit of **15,675**, indicating strong potential for this strategy.

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

![](https://prod.superblogcdn.com/site_cuid_cmbhlz3q0002sxzc513a62pj5/images/678507503241e3846bb920a2ad4nxeis6g9ytqburkbaxri-fhg3on3irfswihkctpfxqnewib0kfexawx3jsjmxk3o1fv2gugi7hod33hmbd7pnurlh8b4nuppkik5eipwwhumddc9e2dg3ygatwdn89fpzb65xm-1749217639464-compressed.png)

#### **Insights:**

- **10:45** generated **9,983**, indicating potential for profits in this time slot.
- **09:45** incurred heavy losses, with **-32,689** across all SL levels, likely due to high volatility and false breakouts.
- Slots like **13:15** showed modest recovery with **3,668** in profits, particularly at SL=50 and above. **‍**
- Total loss of -78,754, making it the worst-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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