RUT Open Interest

RUT has 151,112 call contracts and 297,296 put contracts open across all listed expirations — a put/call open interest ratio of 1.97. Open interest counts the contracts currently outstanding at each strike. This page shows where RUT positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

Data as of Jul 11, 2026, 7:37 AM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$2,977.81
52-week range
$2,166.78 – $3,024.37
ATM IV (30d)
15.8%
IV rank
0 / 100
Low
Expected move
±$65.17 (±2.2%)
Put/call OI
1.97
Put-heavy
Max pain
$2,900
↓ 2.6% below close

RUT Open Interest by Strike

06.2K12.5K18.7KSpotMax painCall wallPut wall22502500270028502950300031503400

RUT open interest by strike, all expirations combined — calls in green, puts in red.

Total call open interest151,112
Total put open interest297,296
Put/call OI ratio1.97
Open interest rank (31 day)64 / 100
Call wall (largest call OI)$3,000
Put wall (largest put OI)$3,000
Top volume strike$2,990
Volume / OI ratio0.07

RUT Open Interest Trend

90.6K167.5K244.3K321.2K398KCall OIPut OIFeb '26May '26Jul '26

RUT total call vs. put open interest, past year.

1.501.641.781.922.06Feb '26May '26Jul '26

RUT put/call open interest ratio, past year.

A put/call open interest ratio of 1.97 means meaningfully more puts than calls are outstanding — elevated hedging or bearish positioning. In total, 151,112 call contracts and 297,296 put contracts are open across all listed expirations. The put/call OI ratio has risen from 1.68 in Feb '26 to 1.97 today.

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RUT Options FAQ

What is RUT's put/call ratio?

RUT's put/call open interest ratio is 1.97 as of Jul 11, 2026, with 297,296 put contracts and 151,112 call contracts outstanding.

Which RUT strikes have the highest open interest?

As of Jul 11, 2026, the largest call open interest sits at $3,000 (the call wall) and the largest put open interest sits at $3,000 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

Is RUT open interest unusually high right now?

RUT's total open interest ranks 64 out of 100 versus the past 31 trading days as of Jul 11, 2026 — in the middle of its recent range.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.