MO Briefing
20 Dec 2024 · NSE Derivatives Structure
Posture
Contraction Under Stress
3 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: -0.912(20 expansionary, 644 contractionary)
Basis Stress
Flip stress
2.55x
elevated
Divergence
0.47x
below baseline
Basis flip stress elevated (2.55x baseline). Instrument divergence below baseline (0.47x)
Range Compression
Futures
1.87x
elevated · 8 contracts
Equities
1.33x
elevated · 1962 contracts
Expanded ranges (1.87x baseline)
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST