MO Briefing
30 Dec 2025 · NSE Derivatives Structure
Posture
Contraction Under Stress
4 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 — 417 instruments
Structural lean: -0.137(179 expansionary, 236 contractionary)
Basis Stress
Flip stress
1.79x
elevated
Divergence
1.45x
elevated
Basis flip stress elevated (1.79x baseline). Instrument divergence elevated (1.45x baseline)
Range Compression
Futures
1.78x
elevated · 2 contracts
Equities
0.85x
below baseline · 2378 contracts
Expanded ranges (1.78x baseline)
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST