Options on Russell 2000® Index (RUT) www.cboe.com/RUT

 
Russell 2000 Index Options - RUT  

RUT is the symbol for options based on the Russell 2000 (RUT) Index, a leading benchmark for the performance of small-capitalization stocks. Options on the Russell 2000 have a $100 multiplier, so that, for example, if the Russell 2000 price is at 950, an investor might consider hedging a $95,000 small-cap portfolio with one RUT option.

The Russell 2000 Index was created in 1984 and was designed to track the performance of small-cap companies. RUT options make it simple to participate in the small-cap market.

The popularity of the Russell 2000 as a small-cap benchmark leads to four fundamental reasons for using RUT options:

Simplicity
Investors are able to trade a broad market by making one RUT trading decision rather than making the many decisions involved with investing in numerous individual stocks.

Insurance
Russell 2000 options offer a convenient and easy way to help reduce the market risk of a broad market portfolio of many small-cap stocks, without disrupting the make-up of the portfolio.

Predetermined Risk
RUT option purchasers risk only the premium they pay for the option. The risk is both known and limited.


RUT - Average Daily Volume

Updated Price Charts

CBOE Russell 2000 Volatility Index (RVX)

The CBOE Russell 2000 Volatility IndexSM (RVXSM) is a key measure of market expectations of near-term volatility conveyed by Russell 2000® stock index option prices. It measures the market's expectation of 30-day volatility implicit in the prices of near-term Russell 2000 options. Please visit the RVX microsite at www.cboe.com/RVX for more information about the RVX Index, and futures and options on the RVX Index.

Benchmark Index -- CBOE Russell 2000 BuyWrite Index (BXR)

The CBOE Russell 2000 BuyWrite Index (BXR) is a benchmark index that measures the performance of a theoretical portfolio that sells Russell 2000 Index (RUT) call options, against a portfolio of the stocks included in the Russell 2000 Index. A "buy-write," also called a covered call, generally is considered to be an investment strategy in which an investor buys a stock or a basket of stocks, and also sells call options that correspond to the stock or basket of stocks. This strategy can be used to enhance portfolio returns and reduce volatility. Historical daily values for the BXR are available dating back to December 29, 2000. For more information and prices on the BXR Index, please visit www.cboe.com/BXR.

About Russell Indexes

Russell's index business began in 1984 as a way to accurately measure U.S. market segments and better track investment manager behavior for Russell's consulting and investment management business. The resulting index methodology produced the broad-market Russell 3000® Index and introduced the first small cap benchmark - the Russell 2000® Index. Russell applied the same methodology in 2007 to design the Russell Global Indexes.