I hope you make money. I have attached the top 10 for IWM and also another stock GEVA in top 10 of IWM which has over $6 loss per share. They are not like WMT or INTC or JNJ with profit which if they go down , you can ask why. When Russel 2000 goes down (that it will but I cannot say when) you cannot ask "why it happened"
A spread I did for a while is/was -3NQ/+2TF (the ratio is notionally close enough). You might consider it. There was a period where I had put this spread on at the wrong time and got creamed for a while only for it to recover and I then pulled it off. However, closing the spread was stupid of me to do because what I was really waiting for was the divergence we see now. Not that this guarantees the future but I also did carry the spread through some sell-off days and it performed as a balanced long/short spread should do. Where I ran into trouble was with up days and Nasdaq rallying which I didn't expect to happen (4-6 weeks or so ago). My "management" during that time was actually adding additional NQ shorts to bias any reversion more quickly in my favor after I felt the rallying was overbought.
It wont surprise me if IWM drops to $110 in just 2 weeks. Even $110 it is very overvalued. A reasonable price in this overvalued market is $78.