How to check if what is the best time to execute a straddle?

[Aditya_S]

Hi @Streak

Say for instance, how to know 9 30 straddle is better than 10 30 straddle?

Please provide assistance.

[Streak]

Hello @Aditya_S

Kindly note that using Streak you can create a 9:30 straddle first and make a copy of the same and modify the entry conditions to get 10:30 straddle.

Now after the backtest is performed, comparatively, you can check which works well. Refer to the images below:

9:30 Straddle:

10:30 Straddle:

Hope this helps.