The Week in Russell 2000 Trading – 9/8 – 9/11

Small and large cap stocks moved higher in sync last week with both the Russell 1000 (RUI) and Russell 2000 (RUT) gaining about 2%.  Both are still lower for the year with RUI down 4.32% and RUT down 3.89%.

RUT RUI

On the volatility front VIX finished the week at about a 5% discount to the CBOE Russell 2000 Volatility Index (RVX).  Historically RVX is usually at about a 20% premium to VIX, however, in times of global crisis or higher levels of volatility the two tend to converge.  The recent period of time where RVX and VIX were basically in line with each other was a first over the 11 plus year of history for RVX.

RVX VIX

Finally, I’m going to offer up a shameless promotion.  Since the cost is $0 I don’t feel too bad mentioning the first ever RUT Fest being put on the The Options Institute on Thursday September 24th.   Options Institute instructors will welcome several special guest instructors for a full day (free) webcast series that focuses on RUT Index option trading as well as a smattering of discussion about Russell 2000 futures trading.  To sign up or learn more visit the link below –

http://www.cboe.com/learncenter/ViewSeminar.aspx?SeminarId=117