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Russell 2000 Index (^RUT)

Chicago Options
2,962.22 USD -12.35 (-0.415%) ⇩ (July 17, 2026, 4:30 p.m. EDT)
Hot Take | July 18, 2026, 1:06 a.m. EDT

The Russell 2000 is exhibiting classic 'topping out' behavior despite sitting near its 52-week high. Price action is churning around the 50-day average (2921) rather than breaking decisively higher, while options data screams caution. The heavy put OI walls at 2920-2940 act as a psychological and technical ceiling, suggesting that any rally above 3000 will likely trigger a swift sell-off back to the 2900 support zone. The market is overextended relative to its 200-day average and is currently trapped between strong resistance and a crowded short-side hedge setup.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.026305
MSTL0.043921
AutoETS0.048881
AutoARIMA0.049629

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 59%
H-stat 4.75
Ljung-Box p 0.000
Jarque-Bera p 0.285
Excess Kurtosis -0.54

As of July 18, 2026, 1:06 a.m. EDT: Speculators are aggressively positioning for a downside correction, evidenced by massive put volume and Open Interest (OI) accumulation at strikes 2920, 2930, and 2940, creating a dense 'floor' wall. While call activity shows new flow into 3015 and 3045, the sheer density of put OI suggests a 'bear trap' scenario where traders are betting on a rejection of current highs. Implied Volatility (IV) has spiked significantly on deep OTM puts (e.g., 2625 strike), indicating fear of a sharp drop below 2900, while call IV remains relatively subdued despite the price being near its 52-week high.


Info Dump

Attribute Value
52 Week Change 32.7677
All Time High 3,046.59
All Time Low 105.46
Ask 0.0
Ask Size 0
Average Daily Volume10 Day 4,904,412,000
Average Daily Volume3 Month 5,549,185,000
Average Volume 5,549,185,000
Average Volume10Days 4,904,412,000
Bid 0.0
Bid Size 0
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 2,979.3237
Day Low 2,934.1218
Esg Populated 0
Exchange WCB
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2,921.0544
Fifty Day Average Change 41.16284
Fifty Day Average Change Percent 0.014091775
Fifty Two Week Change Percent 32.7677
Fifty Two Week High 3,046.59
Fifty Two Week High Change -84.3728
Fifty Two Week High Change Percent -0.027694177
Fifty Two Week Low 2,143.43
Fifty Two Week Low Change 818.78735
Fifty Two Week Low Change Percent 0.38199866
Fifty Two Week Range 2,143.43 - 3046.59
First Trade Date Milliseconds 558,279,000,000
Full Exchange Name Chicago Options
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 0
Language en-US
Long Name Russell 2000 Index
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_INDEXRUT
Open 2,948.5837
Previous Close 2,974.57
Price Hint 2
Quote Source Name Delayed Quote
Quote Type INDEX
Region US
Regular Market Change -12.352783
Regular Market Change Percent -0.41527963
Regular Market Day High 2,979.3237
Regular Market Day Low 2,934.1218
Regular Market Day Range 2,934.1218 - 2979.3237
Regular Market Open 2,948.5837
Regular Market Previous Close 2,974.57
Regular Market Price 2,962.2173
Regular Market Time 1,784,320,213
Regular Market Volume 0
Short Name Russell 2000
Source Interval 15
Symbol ^RUT
Tradeable 0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2,652.1045
Two Hundred Day Average Change 310.1128
Two Hundred Day Average Change Percent 0.116930835
Type Disp Index
Volume 0