MO Briefing
19 Feb 2025 · 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 — 662 instruments
Structural lean: +0.435(462 expansionary, 174 contractionary)
Basis Stress
Flip stress
1.22x
elevated
Divergence
0.92x
below baseline
Basis flip stress elevated (1.22x baseline). Instrument divergence below baseline (0.92x)
Range Compression
Futures
1.46x
elevated · 1 contracts
Equities
0.96x
below baseline · 2032 contracts
Expanded ranges (1.46x baseline)
Recent Path
Structural Activity
Transitioned from Contraction Under Stress
Next MO Briefing: Monday 08:30 IST