RUT Archives - Cboe Blogs

  • Market News | Futures | Aug 24, 2015, 8:27 AM

    Record Volume Day for CBOE and SPX Options, as VIX Index Has Its Biggest One-Week Jump

    Record Volume Day for CBOE and SPX Options, as VIX Index Has Its Biggest One-Week Jump

    This past week the CBOE Volatility Index® (VIX®) rose 118.5%, its largest move ever (in percentage terms) in one calendar week. On Friday CBOE®, C2 Exchange and the CBOE’s S&P 500® (SPX) options all experienced record volume days, with estimated volume of 11 million options contracts traded on CBOE.  A news report at Marketwatch noted –“Across the globe, investors dumped anything with a whiff of “risk” as an economic slowdown in China accelerates,[...]

  • Market News | Technical Analysis & Charts | VIX | Trader Talk | Aug 23, 2015, 11:05 AM

    The Week in Russell 2000 Trading - 8/17 - 8/21

    The Week in Russell 2000 Trading - 8/17 - 8/21

    Small cap stocks held up (generous term here) well versus large cap stocks last week.  The Russell 2000 (RUT) was down 4.61% while the large cap focused Russell 1000 (RUI) lost 5.73%.  The drop for RUI was the biggest one week lost since mid-September 2011.  For the year RUT and RUI are down 3.98% and 3.89% respectively.  I’m going to say that’s a tie with just over four months to go. With RUT holding up relative to RUI small cap risk, as measured by the CBOE Russell[...]

  • Market News | VIX | Trader Talk | Futures | Trade Ideas | Aug 16, 2015, 5:45 AM

    Last Week in Russell 2000 Trading - 8/10 - 8/14

    Last Week in Russell 2000 Trading - 8/10 - 8/14

    Large cap stocks eked out a win last week with the Russell 1000 (RUI) rising 0.69% versus a 0.48% gain for the Russell 2000 (RUT). The chart below indexes the performance for RUI and RUT to 100 at the beginning of 2015 for an apples to apples comparison. Despite RUT and RUI basically performing in line with each other, large cap risk, as indicated by index option pricing, dropped a bit relative to small cap risk. The chart below displays the percent premium of the CBOE Russell 2000 Volatility[...]

  • Market News | Trader Talk | Aug 14, 2015, 2:28 PM

    A Rocky Week for the Russell 2000!

    A Rocky Week for the Russell 2000!

    The Russell 2000 similar to the broader market, whipped around this week. The Index closed last night (Thursday)  around the low of the day - 1,204.74. Early today (Friday) RUT is barely budging at 1,205, but the options are really on the move. The CBOE RVX, which measures implied volatility going 30 days out, also has an anxious feel this week. The RVX Index topped 21 earlier this week, closed last night at 18.54 and today is 18.62 as uncertainty builds about what's next for RUT and[...]

  • Market News | Aug 9, 2015, 11:04 AM

    The Week in Russell 2000 Trading - 8/3 - 8/7

    The Week in Russell 2000 Trading - 8/3 - 8/7

    The Russell 2000 (RUT) was down 2.57% last week, over twice the drop that occurred in the large cap focused Russell 1000 (RUI). This puts large cap stock performance solidly in the lead relative to small caps in 2015. For the year RUT is now up (a strong word for this) 0.18% while RUI is up 1.25%. We saw a strong move in the relationship between small cap and large cap volatility last week. Probably the best way to measure this is to compare the CBOE Russell 2000 Volatility Index (RVX) with VIX[...]

  • Market News | VIX | Trader Talk | Futures | Aug 2, 2015, 8:54 AM

    The Week in Russell 2000 Trading - 7/27 - 7/31

    The Week in Russell 2000 Trading - 7/27 - 7/31

    I was on the road for CBOE and on the other side of the world recently so I missed some of the market action of late. I knew the Russell 2000 (RUT) was lagging, but was honestly surprised to see that the small cap dominated RUT performance for 2015 is basically in line with large cap stocks which is represented by the Russell 1000 (RUI) below.  My impression was that China and Greece (storm that has passed - for the moment) were dominating the news.  However, the relative performance[...]

  • Market News | VIX | Trader Talk | Futures | Jul 19, 2015, 7:20 AM

    The Week in Russell 2000 Trading - 7/13 - 7/17

    The Week in Russell 2000 Trading - 7/13 - 7/17

    With Greece finally behind us (for now…) the global economic picture is a bit more stable. This resulted in equity markets rebounding last week. Large caps benefited from the resolution of the Euro issues and the Russell 1000 (RUI) gained 2.24% placing the large cap benchmark up 3.59% for the year. Small cap stocks were higher as well, but the Russell 2000 lagged gaining 1.20%.   There is still a bit of a spread between small cap and large cap performance for 2015 as[...]

  • Market News | VIX | Trader Talk | Strategy | Jul 13, 2015, 8:35 PM

    RUT Alternative to an IWM Put Spread

    RUT Alternative to an IWM Put Spread

    Every Saturday morning my ritual includes grabbing the latest issue of Barron’s and turning directly to the Striking Price column which is regularly authored by a good friend of CBOE Steve Sears, who is credited with coining term ‘fear index’ for VIX. This weekend another good friend of CBOE, Bill Luby the chief investment officer of Luby Asset Management and the publisher of the VIX and More blog site (www.vixandmore.com) was the guest author of the Striking Price column[...]

  • Market News | Technical Analysis & Charts | Jul 13, 2015, 4:29 PM

    Russell 2000 Risk On/Volatility Off

    Russell 2000 Risk On/Volatility Off

    Today’s market rally including US small-cap stocks is lifting the Russell 2000 to its current level 1264.06 well above its 50 day moving average (1253.67). © 1999-2015 StockCharts.com. All Rights Reserved. Another contributing factor for the Russell 2000 is the net flows of cash leading to the creation of ETFs on the IWM.  ETF.com reports a net flow of $1.158 bln. into IWM for the week of 7/06 – 7/10/15. As a result of the rally, the volatility on the Russell 2000 Index (RVX)[...]

  • Market News | VIX | Trader Talk | Strategy | Jul 12, 2015, 8:22 AM

    The Week in Russell 2000 Trading - 7/6 - 7/10

    The Week in Russell 2000 Trading - 7/6 - 7/10

    The week was quite a roller coaster ride for both the large and small cap segments of the equity market. As the week came to an end the Russell 2000 (RUT) was up 0.30% while the Russell 1000 (RUI) lost 0.03%.  As of Friday RUT is 3.93% higher for the year outperforming RUI by 2.61%. The RVX – VIX relationship tested recent lows on Thursday as it is prone to do when global risk is the big market concern.   On Friday, RUT did outperform RUI a bit (up 1.4% versus 1.2%)[...]

  • Market News | VIX | Trader Talk | Futures | Trade Ideas | Jul 8, 2015, 9:55 PM

    Bullish, Bearish, and Neutral Trades from Today

    Bullish, Bearish, and Neutral Trades from Today

    One of the fun parts of working at the Options Institute is looking into how large traders react to different market environments. Since today was a pretty exciting day in the markets I decided to look at block trading activity from the end of the day today. The result is a bullish, bearish, and neutral trade executed respectively in the Russell 2000, S&P 500, and VIX option markets today. First, the bullish Russell 2000 trade. With RUT very close to 1228 there was a bullish diagonal spread executed[...]

  • Market News | Jul 6, 2015, 8:25 AM

    The Weekly Options News Roundup - Holiday Week Edition

    The Weekly Options News Roundup - Holiday Week Edition

    The Weekly News Roundup is your weekly recap of CBOE features, options industry news and VIX and volatility-related articles from print, broadcast and online and social media outlets. Watch VIX and TYVIX as Uncertainty in Europe Grows Greece’s debt crisis has Jon Najarian keeping an eye on two key volatility indexes. The VIX Index, a measure of the S&P 500 and the TYVIX Index, a measure 10-year Treasury Notes, can both be used to monitor volatility as a potential exit of Greece from the[...]

  • Market News | Jul 5, 2015, 7:00 AM

    The Week in Russell 2000 Trading - 6/29 - 7/2

    The Week in Russell 2000 Trading - 6/29 - 7/2

    During all the market excitement on Monday last week the Russell 2000 dropped 2.6% while the large cap focused Russell 1000 lost 2.1%. The real difference between small cap and large cap stocks occurred after the dust settled from Monday. The Russell 1000 was able to gain 0.9% after to finish the week down 1.2% while the Russell 2000 did a whole lot of nothing and finished the week down 2.5%. This is the first time in a while that large cap stocks have dominated and is a bit surprising since the[...]

  • Market News | VIX | Trader Talk | Futures | Strategy | Jun 29, 2015, 5:52 PM

    Today in VIX, SPX, and RUT - 6/29/2015

    Today in VIX, SPX, and RUT - 6/29/2015

    A lot went on today as the Greece thing seemed to come to a head. Below are some highlights with respect to the CBOE Volatility Index, the S&P 500, and the Russell 2000 with respect to the reaction of global markets to the news out of Greece. Spot VIX rose just over 34% and the front month July futures contract was up almost 20%. Volume in VIX futures appears to have topped 400,000 for the first time this year. July and August settled within a tick of each other which is a positive for the long[...]

  • Market News | VIX | Trader Talk | Education | Jun 28, 2015, 10:59 AM

    The Week in Russell 2000 Trading - 6/22 - 6/26

    The Week in Russell 2000 Trading - 6/22 - 6/26

    Both indexes were lower last week, but the Russell 2000 (RUT) slightly outperformed the Russell 1000 (RUI) and continued to maintain a wide performance gap for 2015. The chart below indexes both the RUT and RUI to 100 as of the last day of 2014 to get an apples to apples visual of their respective performance. As of Friday RUT was up 6.23% while RUI has gained 2.58% this year. The CBOE Russell 2000 Volatility Index (RVX) was down 0.05 for the week finishing at 16.18 while the CBOE Volatility[...]