Products

Russell 2000 Index Options - RUT   Mini-Russell 2000 Index Options - RMN   CBOE Russell 2000 Volatility Index Options - RVX

Options on Russell index products can serve as powerful and flexible risk management tools.

The CBOE offers options on 24 products based on Russell indexes; please click on these links for more information:

Index Options Contract Specifications
Russell 2000 Index Options Microwebsite

CBOE options on the iShares Russell 2000 Index Fund (IWM) had an average daily volume of 287,298 contracts in 2008 and average open interest of more than 6 million contracts throughout the year.

For more information on how to use these risk management products, please click on the links below, and visit www.cboe.com/index and /LearnCenter/.



Cash-settled Index Options

Index Name - (Click on Index Name to See the Contract Specifications)
RUT - Russell 2000® Index
RVX - CBOE Russell 2000® Volatility Indexsm Options Index
RMN - Mini-Russell 2000® Index Options
Options on Exchange-Traded Funds
IWB - iShares Russell 1000® Index Fund
IWD - iShares Russell 1000® Value Index Fund
IWF - iShares Russell 1000® Growth Index Fund
IWM - iShares Russell 2000® Index Fund
IWN - iShares Russell 2000® Value Index Fund
IWO - iShares Russell 2000® Growth Index Fund
IWP - iShares Russell Midcap® Growth Index Fund
IWR - iShares Russell Midcap® Index Fund
IWS - iShares Russell Midcap® Value Index Fund
IWV - iShares Russell 3000® Index Fund
IWW - iShares Russell 3000® Value Index Fund
IWZ - iShares Russell 3000® Growth Index Fund



About Russell Indexes

According to the Russell website "In 1984, Russell created a family of stock indexes as part of a more accurate and comprehensive system for evaluating the performance of investment managers. Russell maintains 21 U.S. stock indexes more than US$214 billion is invested in funds modeling Russell's U.S. indexes, and more than US$1.8 trillion in funds is benchmarked against the global family of Russell indexes."



Links to More Up-to-date Price Information

Delayed Price Quotes
Advanced Charts



Bell Ringing for RVX Futures

Kelly Haughton of Russell Indexes rings CBOE's opening bell for the opening day of trading in options on the CBOE Russell 2000 Volatility Index (RVX) on September 27, 2007 - From left to right: Ben Londergan, Group One; Sara Wilson, Russell Indexes; Kelly Haughton, Russell Indexes; Bill Brodsky, CBOE; Dick DuFour, CBOE.











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 (ODD). Copies of the ODD are available from your broker, by calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North Wacker Drive, Suite 500, Chicago, Illinois 60606. The information on this website is provided solely for general education and information purposes and therefore should not be considered complete, precise, or current. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions which should be referred to for additional detail and are subject to changes that may not be reflected in the website information. No statement within the website should be construed as a recommendation to buy or sell a security or to provide investment advice. The inclusion of non-CBOE advertisements on the website should not be construed as an endorsement or an indication of the value of any product, service, or website. The Terms and Conditions govern use of this website and use of this website will be deemed acceptance of those Terms and Conditions.