Well, even though the VIX is lower, let's get March rolling with a RUT bull put spread. With the RUT at 782, lets:
Sell 20 March RUT 700 puts - RUTOT
Buy 20 March RUT 690 puts - RUYOR
Credit of about $.65 ($1300)
Total net credit and profit potential is $1,300. Cushion is 82 points. Maintenance is $20,000. Be flexible. You may only be able to get $.60.
Always double check your option symbols before placing the trade.
Good luck and trade smart!