MO Briefing
20 Aug 2025 · NSE Derivatives Structure
Posture
Coordinated Expansion
2 sessions
Instruments aligned in expansion. Structure is coherent.
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: +0.014(316 expansionary, 307 contractionary)
Basis Stress
Flip stress
0.76x
below baseline
Divergence
0.79x
below baseline
Basis flip stress below baseline (0.76x). Instrument divergence below baseline (0.79x)
Range Compression
Futures
1.93x
elevated · 4 contracts
Equities
0.73x
below baseline · 2101 contracts
Expanded ranges (1.93x baseline)
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST