MO Briefing
25 Sep 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 — 553 instruments
Structural lean: -0.141(234 expansionary, 312 contractionary)
Basis Stress
Flip stress
1.87x
elevated
Divergence
1.40x
elevated
Basis flip stress elevated (1.87x baseline). Instrument divergence elevated (1.40x baseline)
Range Compression
Futures
1.27x
elevated · 2 contracts
Equities
0.85x
below baseline · 1841 contracts
Slightly expanded ranges (1.27x baseline)
Recent Path
Structural Activity
Transitioned from Expansion Under Stress
Next MO Briefing: Monday 08:30 IST