SPX, NDX, XSP, and XND Are Now Available on VannaCharm
We just expanded VannaCharm’s index options coverage with SPX, NDX, XSP, and XND.
That means these symbols now run through the same core analytics stack as our other symbols for:
- gamma, vanna, charm, and net dealer exposure views
- strike-level charting and related summary views
- implied probability / implied distribution workflows
You can explore these on both the static and live symbol pages:
Why This Addition Matters
A lot of traders already use SPY and QQQ as practical proxies for index behavior.
Adding SPX/NDX and XSP/XND creates a much better side-by-side comparison across:
- ETF options flow vs index options flow
- differences in strike structure and open-interest concentration
- how exposure "walls" line up (or do not line up) between related products
In practice, this gets us much closer to a complete view of index-related dealer positioning.
SPX/XSP and NDX/XND in Context
The mini contracts (XSP, XND) are especially useful for seeing where positioning may differ from their parent indexes even when the underlying directional context is similar.
That comparison can be very informative when:
- one product shows concentrated OI at a level that the other does not
- hedging pressure appears cleaner in one complex than another
- you want to sanity-check whether a "wall" is broad-based or product-specific
What We May Add Next
A logical next step is extending similar coverage to major futures options complexes, including:
- NQ / MNQ
- ES / MES
No hard ETA yet, but it is on our radar.
As always, feedback from active users helps us prioritize what ships next.
-Chris & The VannaCharm Team