Pursue Powerful Outcomes

With CBOE Russell 2000® (RUT) Index Options, Efficiency is Power.

Gain the right amount of exposure to the small-cap sector at a fraction of the cost of IWM* with RUT options. Empower small-cap diversification and more exact hedging to help enhance yields. And, efficiently manage risk on small-cap stocks. With RUT, now you can turn your small-cap goals into less-costly, more powerful outcomes.

*iShares® Russell 2000 Index (IWM) ETF options.

Pursue Powerful Outcomes

With CBOE Russell 2000® (RUT) Index Options, Efficiency is Power.

Gain the right amount of exposure to the small-cap sector at a fraction of the cost of IWM* with RUT options. Empower small-cap diversification and more exact hedging to help enhance yields. And, efficiently manage risk on small-cap stocks. With RUT, now you can turn your small-cap goals into less-costly, more powerful outcomes.

*iShares® Russell 2000 Index (IWM) ETF options.

RUSSELL 2000 (RUT) INDEX OPTIONS

Trade options based on the leading benchmark for the performance of U.S. small-cap stocks. CBOE RUT options can help you hedge or efficiently gain small-cap exposure in one trade. Also benefit from cash settlement and potential tax advantages.

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Key Features

RUT options can help you gain exposure to the small-cap market or hedge your small-cap portfolio to achieve powerful outcomes.

Efficient Exposure

Gain exposure to the U.S. domestic small-cap market at a notional value 10X larger than IWM options for potentially lower transaction costs.

Cash Settlement & European-style Exercise

Avoid unwanted delivery of stocks or ETFs and the risk of assignment prior to expiration (so-called "early assignment").

Diversification Or Risk Mitigation

Gain a convenient and easy way to diversify, or reduce the risk of a small-cap portfolio.

Potentially Favorable Tax Treatment

Many RUT options trades qualify for 60-40 tax treatment, as they are defined as Section 1256 contracts.*

Watch Now to Learn More about Trading Russell 2000

Learn how to use Russell 2000 Index options as an efficient method of hedging a small-cap portfolio or speculating on an outlook for small-cap stocks.

Tools For Trading RUSSELL 2000

Now that you're familiar with Russell 2000 Index options, see how you can add them to your portfolio with CBOE’s trading tools.

  • Virtual Trade

    Practice trading RUT with this free tool - and experiment with new advanced strategies without risk to your portfolio.

  • Quotes Dashboard

    See the most recent market quotes for RUT. And monitor the market from one easy-to-use page with features including a market scanner, most active stocks, options and futures, news and more.

RUT On Social

Want to know the latest happening in the small-cap market and RUT options?

Join the conversation with $RUT on Twitter.

Content provided by third party Twitter® users - CBOE does not screen, control, monitor or endorse such content which solely represents the views of such users.

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*Under section 1256 of the Tax Code, profit and loss on transactions in certain exchange-traded options, including RUT, are entitled to be taxed at a rate equal to 60% long-term and 40% short-term capital gain or loss, provided that the investor involved and the strategy employed satisfy the criteria of the Tax Code. Investors should consult with their tax advisors to determine how the profit and loss on any particular option strategy will be taxed. Tax laws and regulations change from time to time and may be subject to varying interpretations.

Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options. Copies are available from your broker or at www.theocc.com. No statement within this website should be construed as a recommendation to buy or sell a security or to provide investment advice.

CBOE® and Execute Success® are registered trademarks of Chicago Board Options Exchange, Incorporated (CBOE). Russell 2000® is a trademark and service mark of Frank Russell Company, used under license. © 2016 CBOE. All Rights Reserved.