The options on the RUT trade by appointment but the last two days have seen put/call ratios for the RUT at 4.83 and 4.29 which probably needs to be unwound.
Tomorrow's Nasdaq 100 quaterly rebalancing is projected to sell over $20 billion in stocks (mostly large cap tech), to buy $SPCX. $RSP or $IWM may be the better way to play an oversold rally