MO Briefing
01 Feb 2025 · 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 — 662 instruments
Structural lean: -0.239(237 expansionary, 395 contractionary)
Basis Stress
Flip stress
1.17x
elevated
Divergence
1.17x
elevated
Basis flip stress elevated (1.17x baseline). Instrument divergence elevated (1.17x baseline)
Range Compression
Futures
9.34x
elevated · 1 contracts
Equities
0.99x
below baseline · 2007 contracts
Expanded ranges (9.34x baseline)
Recent Path
Structural Activity
Transitioned from Fragmented Expansion
Next MO Briefing: Monday 08:30 IST