MO Briefing
22 Aug 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 — 646 instruments
Structural lean: -0.395(189 expansionary, 444 contractionary)
Basis Stress
Flip stress
1.62x
elevated
Divergence
1.28x
elevated
Basis flip stress elevated (1.62x baseline). Instrument divergence elevated (1.28x baseline)
Range Compression
Futures
1.05x
elevated · 4 contracts
Equities
0.74x
below baseline · 2099 contracts
Slightly expanded ranges (1.05x baseline)
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST