MO Briefing
24 Feb 2025 · 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 — 662 instruments
Structural lean: -0.459(172 expansionary, 476 contractionary)
Basis Stress
Flip stress
1.75x
elevated
Divergence
0.83x
below baseline
Basis flip stress elevated (1.75x baseline). Instrument divergence below baseline (0.83x)
Range Compression
Futures
0.64x
below baseline · 1 contracts
Equities
0.73x
below baseline · 2030 contracts
Deeply compressed ranges (0.64x baseline)
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST