MO Briefing
19 Dec 2024 · NSE Derivatives Structure
Posture
Contraction Under Stress
2 sessions
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 — 684 instruments
Structural lean: -0.373(200 expansionary, 455 contractionary)
Basis Stress
Flip stress
1.03x
elevated
Divergence
1.14x
elevated
Basis flip stress elevated (1.03x baseline). Instrument divergence elevated (1.14x baseline)
Range Compression
Futures
0.87x
below baseline · 8 contracts
Equities
0.94x
below baseline · 1964 contracts
Compressed ranges (0.87x baseline)
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST