MO Briefing
23 Sep 2024 · NSE Derivatives Structure
Posture
Expansion Under Stress
2 sessions
Expanding 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 — 554 instruments
Structural lean: +0.619(442 expansionary, 99 contractionary)
Basis Stress
Flip stress
2.19x
elevated
Divergence
0.36x
below baseline
Basis flip stress elevated (2.19x baseline). Instrument divergence below baseline (0.36x)
Range Compression
Futures
1.26x
elevated · 2 contracts
Equities
0.87x
below baseline · 1841 contracts
Slightly expanded ranges (1.26x baseline)
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST