In addition, RUT is 10X IWM. If you are in the US, RUT has a different tax treatment then IWM but has much wider markets.
Had you Googled the terms Russell, (not russel) 2000 and Options you have received 834,000 hits. I.e. 834,000 references, in whole, or in part to the Russell 2000 index and associated options. Based on the information others have provided you (e.g. the symbols IWM and RUT) you can further refine your search by adding those two symbols and come up with 15,900 hits that point you to just what the Russell 2000 is, where it trades, the differences between the Index (RUT) options and the ETF (IWM) options, the tax treatment between the two, etc. Happy searching. Best P.s. Start here; https://www.google.com/search?num=1...p..0.7.859...0j0i22i30k1j33i160k1.CQoaWKDQV0g http://www.cboe.com/products/stock-...ell-indexes/options-on-russell-2000-index-rut https://www.blackrock.com/investing/products/239710/ishares-russell-2000-etf