MO Briefing
23 Aug 2024 · NSE Derivatives Structure
Posture
Contraction Under Stress
1 session
Contracting with internal strain. Basis structure under stress.
The compass maps the structural posture of the derivatives market. The horizontal axis shows expansion vs contraction. The vertical axis shows coherence vs stress.
The dot marks today's position. The trail shows the past 7 sessions. The posture label describes what the structure is — not where it's going.
Depth panels below show the underlying measurements: positioning breadth, basis stress, range compression, and structural activity.
Depth
Positioning — 556 instruments
Structural lean: -0.504(131 expansionary, 411 contractionary)
Basis Stress
Flip stress
2.40x
elevated
Divergence
0.66x
below baseline
Basis flip stress elevated (2.40x baseline). Instrument divergence below baseline (0.66x)
Range Compression
Futures
0.65x
below baseline · 1 contracts
Equities
0.76x
below baseline · 1877 contracts
Deeply compressed ranges (0.65x baseline)
Recent Path
Structural Activity
Transitioned from Expansion Under Stress
Next MO Briefing: Monday 08:30 IST