MO Briefing
23 May 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 — 653 instruments
Structural lean: +0.504(478 expansionary, 149 contractionary)
Basis Stress
Flip stress
1.22x
elevated
Divergence
1.09x
elevated
Basis flip stress elevated (1.22x baseline). Instrument divergence elevated (1.09x baseline)
Range Compression
Futures
--
Equities
0.75x
below baseline · 2095 contracts
No surface data available
Recent Path
Structural Activity
Transitioned from Early Contraction
Next MO Briefing: Monday 08:30 IST