MO Briefing
08 Aug 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 — 646 instruments
Structural lean: -0.759(62 expansionary, 552 contractionary)
Basis Stress
Flip stress
1.13x
elevated
Divergence
0.83x
below baseline
Basis flip stress elevated (1.13x baseline). Instrument divergence below baseline (0.83x)
Range Compression
Futures
1.63x
elevated · 4 contracts
Equities
0.96x
below baseline · 2078 contracts
Expanded ranges (1.63x baseline)
Recent Path
Structural Activity
Transitioned from Fragmented Expansion
Next MO Briefing: Monday 08:30 IST