MO Briefing
18 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: -0.358(196 expansionary, 433 contractionary)
Basis Stress
Flip stress
1.31x
elevated
Divergence
1.87x
elevated
Basis flip stress elevated (1.31x baseline). Instrument divergence elevated (1.87x baseline)
Range Compression
Futures
0.80x
below baseline · 1 contracts
Equities
0.90x
below baseline · 2034 contracts
Compressed ranges (0.80x baseline)
Recent Path
Structural Activity
Transitioned from Fragmented Expansion
Next MO Briefing: Monday 08:30 IST