MO Briefing
19 Nov 2024 · NSE Derivatives Structure
Posture
Expansion Under Stress
1 session
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 — 549 instruments
Structural lean: +0.230(328 expansionary, 202 contractionary)
Basis Stress
Flip stress
1.75x
elevated
Divergence
1.09x
elevated
Basis flip stress elevated (1.75x baseline). Instrument divergence elevated (1.09x baseline)
Range Compression
Futures
1.16x
elevated · 6 contracts
Equities
0.83x
below baseline · 1956 contracts
Slightly expanded ranges (1.16x baseline)
Recent Path
Structural Activity
Transitioned from Contraction Under Stress
Next MO Briefing: Monday 08:30 IST