Russell 2000 Small Cap Index (.RUT) adds 3.71 to 839.97 and the Jun 895 – 905 call spread is seeing early interest. It appears that the spread is being sold-to-open at 30 cents, about 20K so far. The strategist is probably looking for the Russell to hold below 895 through the June expiration, which would represent a 6.55 percent move higher over the next 16 days.