I know it's early, but when there's little premium, we don't always have a choice.
With the RUT at about 782, lets:
Sell 20 February RUT 690 puts - RUYNR
Buy 20 February RUT 680 puts - RUYNP
Credit of about $.50-$.55 ($1,100)
I just got filled at $.55. You may or may not be able to get that much. Our maintenance is $20,000. Good luck. We'll watch for bear call spreads to complete our Iron Condor.
Check your symbols before placing your order.
Good luck and trade smart!