Have Any Of You Traded Russell 2000 Volatility?

Hi,

VIX is well known and there are futures and options contracts to trade it.
There is a volatility index for the Russell 2000 ticker symbol RVX but it doesn't have any tradeable contracts from what I see, its just an index.
But i'm sure people are still trading vol on other instruments other than just the VIX. How would one go about trading RVX? I assume just trading a RUT straddles too simplistic?

Thanks

 

Do not trade the VIX, instead, I trade SQQQ which has reasonably priced options.

 

thanks for the reply. How can one express a Russell volatility position? I don’t think RVX has a tradeable contract

 

Lots of trading opportunities out there. You just need to take a position. This is from Larry Hite. "I have two basic rules about winning in trading as well as in life: 1. If you don't bet, you can't win. 2. If you lose all your chips, you can't bet."

 

I trade Russell weakness with TZA SRTY TWM .... not the exact same vol equivalent of VIX though, which I trade using UVXY VXX etc

 

through listed options.

 

Which ones? There’s no listed option for RVX? Do you synthetically construct it?

 

never heard of this Russell 2000 Volatility thing.

But there is this
Nasdaq 100 Volatility index futures from CME.

However, no one in this world is trading it.

 

you do it the old fashion way: trade the index listed options (as you stated in your OP)

 

Which index listed options would you use to construct a synthetic RVX? That was the point of the thread. Am I missing something here? The Russell has no tradeable VIX. There’s no listed option that mirrors it like with the S&P so how would you synthetically create on specifically?