Understanding SPX Derived Pricing at Tradier

Tradier uses derived SPX pricing—a forward-looking calculation designed to give traders a more accurate view of the market. This approach benefits anyone trading index options or relying on theoretical models, especially in volatility or delta-neutral strategies.

What Is SPX Derived Pricing?

Instead of relying solely on traditional SPX spot prices, Tradier uses derived index values for:

  • SPX (S&P 500 Index)

  • RUT (Russell 2000)

  • VIX (Volatility Index)

  • NDX (NASDAQ 100)

These values are powered by the ORATS API, which calculates index pricing using:

  • Call-put parity

  • Real-time options market data

  • Adjustments for dividends and risk-free interest rates

This method reflects the market’s true forward-looking consensus on index value—rather than a static or delayed spot print.

Why Derived Pricing Matters

Derived pricing gives you access to:

  • More accurate theoretical pricing for options, especially at-the-money (ATM) contracts

  • Cleaner data inputs for models and strategy development

  • Improved alignment with how professionals price options and assess edge

Where You’ll See It

Derived index pricing is available across all Tradier tools, including:

  • Tradier Pro (Desktop)

  • Web-based trading platforms

  • Tradier Mobile App

Wherever you trade, you’ll benefit from responsive, market-consensus data.

The Bottom Line

Forward-looking data gives you a smarter edge:

  • Less noise

  • More accuracy

  • Stronger execution

That’s how we trade.