Tour v344
TLT
iShares 20+ Year Treasury Bond ETF
$84.21 -0.04%
$84.23 (+0.02%)🌙
as of 07/16 04:01 PM
7/16 16:01

Option Volume

Detail
Current (07/16) 414,368
Calls: 273,385 (66%)
Puts: 140,983 (34%)
Prior (07/15) 255,126
Calls: 172,037 (67%)
Puts: 83,089 (33%)
Current vs Prior +62.42%
Calls: +58.91% (Calls)
Puts: +69.68% (Puts)
Prior 7-Day Total 2,404,942
Calls: 1,536,817 (64%)
Puts: 868,125 (36%)
Prior 7-Day Average 400,823
Calls: 219,545 (64%)
Puts: 124,017 (36%)
Current vs Prior 7-Day Avg +3.38%
Calls: +24.52%
Puts: +13.68%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/16) $38.56M
Calls: $27.73M (72%)
Puts: $10.83M (28%)
Prior (07/15) $24.84M
Calls: $19.17M (77%)
Puts: $5.67M (23%)
Current vs Prior +55.24%
Calls: +44.68%
Puts: +90.96%
Prior 7-Day Total $318.50M
Calls: $261.27M (82%)
Puts: $57.24M (18%)
Prior 7-Day Average $53.08M
Calls: $37.32M (82%)
Puts: $8.18M (18%)
Current vs Prior 7-Day Avg -27.36%
Calls: -25.69%
Puts: +32.40%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/16) 0.52
Prior (07/15) 0.48
Current vs Prior +6.78%
Prior 7-Day Average 0.56
Current vs Prior 7-Day Avg -7.23%
Sentiment BULLISH

Open Interest

Detail
Current (07/16) 2,518,141
Calls: 1,511,608 (60%)
Puts: 1,006,533 (40%)
Prior (07/15) 1,905,449
Calls: 1,124,929 (59%)
Puts: 780,520 (41%)
Current vs Prior +32.15%
Prior 7-Day Total 11,949,366
Calls: 6,445,031 (54%)
Puts: 5,504,335 (46%)
Prior 7-Day Average 1,991,561
Calls: 1,074,171 (54%)
Puts: 917,389 (46%)
Current vs Prior 7-Day Avg +26.44%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/20)Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 0.75% | 0.91%0.75% | 1.26%0.75% | 2.91%
Prior 0.93% | 1.07%0.93% | 1.42%0.58% | 2.94%
Current vs Prior -19.20% | -14.41%-19.20% | -11.63%+28.61% | -1.18%
Prior 7-Day Avg 0.95% | 1.17%1.00% | 1.55%1.09% | 3.24%
Current vs 7-Day Avg -21.05% | -21.65%-24.84% | -18.83%-31.46% | -10.25%
Prior 7-Day Eod 0.93% | 1.07%0.93% | 1.42%0.58% | 2.94%
Current vs 7-Day Eod -19.20% | -14.41%-19.20% | -11.63%+28.61% | -1.18%
Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 9.53% | 2.60%
Calls: 9.38% | 2.50%
Puts: 9.68% | 2.70%
Prior 2.53% | 3.31%
Calls: 2.56% | 2.17%
Puts: 2.50% | 4.44%
Current vs Prior +276.68% | -21.45%
Prior 7-Day Avg 4.79% | 2.80%
Calls: 4.96% | 2.06%
Puts: 4.62% | 3.53%
Current vs 7-Day Avg +98.96% | -7.20%
Liquidity Good
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🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($27.73M). Elevated premium activity with dollar volume up 55% vs prior. Above-average activity with volume up 62% vs prior. Bullish P/C ratio of 0.52.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 277 of results (avg 3.8%, best 0.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.50Aug 281.511.52$1.520.7%660.60141
$69.00Aug 2115.3015.45$15.381.0%--1.00134
$84.00Aug 140.950.96$0.961.0%1390.51668
$70.00Jul 3114.3014.45$14.381.0%81.0018
$70.00Aug 2114.3014.45$14.381.0%3021.0082
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.50Aug 141.011.02$1.021.0%360.59756
$85.50Aug 281.781.80$1.791.1%580.70314
$95.00Aug 710.8511.00$10.931.4%--0.9910
$85.00Aug 211.371.39$1.381.4%3560.6533.4K
$94.00Aug 219.8510.00$9.931.5%--0.99212

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 134 found (avg $0.34, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.50Jul 170.050.06$0.0616.7%6.3K0.2530.6K
$86.50Jul 310.050.06$0.0616.7%780.081.8K
$88.00Aug 140.050.06$0.0616.7%6280.05381
$89.50Aug 280.050.06$0.0616.7%50.04129
$86.00Jul 290.060.07$0.0714.3%150.101.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.50Jul 270.050.06$0.0616.7%--0.09170
$82.00Jul 290.050.06$0.0616.7%160.08324
$81.50Jul 310.050.06$0.0616.7%450.073.2K
$80.00Aug 70.050.06$0.0616.7%1020.052.5K
$79.00Aug 210.050.06$0.0616.7%1080.0411.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 212 found (avg delta 0.89, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 79.309.45$9.381.6%881.0060
$76.00Aug 78.308.45$8.381.8%881.0060
$77.00Aug 77.307.45$7.382.0%--1.0031
$78.00Aug 76.306.45$6.382.4%--1.0031
$80.00Aug 74.354.50$4.433.4%31.0011
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Jul 170.750.83$0.7910.1%12.0K1.0041.8K
$85.50Jul 171.231.34$1.298.5%13.4K1.007.2K
$86.00Jul 171.721.84$1.786.7%10.6K1.0017.1K
$86.50Jul 172.222.34$2.285.3%2981.00189
$87.00Jul 172.722.84$2.784.3%2.5K1.001.6K

Most actively traded options today. High liquidity = easy entry/exit. 373 active (total vol 414.3K, top 67.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$86.00Aug 210.270.28$0.283.6%67.5K0.2036.4K
$85.00Aug 210.580.59$0.591.7%25.1K0.3530.1K
$84.50Jul 240.280.29$0.293.4%21.4K0.406.3K
$85.50Jul 170.000.01$0.01100.0%20.3K0.0224.7K
$82.00Jul 202.202.33$2.275.7%12.8K0.995
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Aug 210.830.85$0.842.4%17.7K0.5138.0K
$85.50Jul 171.231.34$1.298.5%13.4K1.007.2K
$85.00Jul 170.750.83$0.7910.1%12.0K1.0041.8K
$86.00Jul 171.721.84$1.786.7%10.6K1.0017.1K
$83.00Aug 210.460.48$0.474.3%10.1K0.3347.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 73 strikes (avg 263.4%, max 564.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$100.00Jul 17Aug 28118.3%18.5%540.2%--10.2K
$71.00Jul 17Aug 21120.0%19.7%509.4%16935
$70.00Jul 17Aug 21129.1%21.2%508.3%30384
$99.00Jul 17Aug 21112.1%19.2%485.1%--1.4K
$98.00Jul 17Aug 21105.8%18.1%484.3%--7.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 17Aug 28129.1%19.4%564.8%1365.5K
$73.00Jul 17Aug 21102.2%16.7%511.6%--1.3K
$72.00Jul 17Aug 21111.1%18.2%510.3%--1.1K
$71.00Jul 17Aug 21120.0%19.7%509.4%--170
$75.00Jul 17Aug 2884.7%15.4%450.6%--50.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 69 found (best R:R 9.00, avg 1.80)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$86.00$87.00Aug 21$0.14$0.86$0.146.14$86.14
$85.00$85.50Jul 29$0.11$0.39$0.113.55$85.11
$85.50$86.00Aug 14$0.11$0.39$0.113.55$85.61
$86.00$86.50Aug 28$0.11$0.39$0.113.55$86.11
$84.50$85.00Jul 22$0.13$0.37$0.132.85$84.63
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$82.00$81.00Aug 21$0.10$0.90$0.109.00$81.90
$83.00$82.50Aug 7$0.10$0.40$0.104.00$82.90
$83.00$82.00Aug 21$0.22$0.78$0.223.55$82.78
$82.50$82.00Aug 28$0.11$0.39$0.113.55$82.39
$84.00$83.50Jul 22$0.12$0.38$0.123.17$83.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 90 found (best R:R 17.75, avg 1.63)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.50$83.50Jul 27$2.84$2.84$0.1617.75$83.34
$82.50$83.50Jul 29$0.86$0.86$0.146.14$83.36
$82.00$83.00Aug 21$0.81$0.81$0.194.26$82.81
$82.50$83.00Aug 14$0.40$0.40$0.104.00$82.90
$83.50$84.00Jul 22$0.38$0.38$0.123.17$83.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$87.00$86.00Aug 21$0.89$0.89$0.118.09$86.11
$86.00$85.00Jul 29$0.88$0.88$0.127.33$85.12
$85.50$85.00Jul 31$0.39$0.39$0.113.55$85.11
$85.50$85.00Aug 7$0.38$0.38$0.123.17$85.12
$86.00$85.50Aug 28$0.37$0.37$0.132.85$85.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $0.11, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$75.00Jul 17Jul 24$0.0784.7%30.1%
$84.50Jul 17Jul 20$0.078.5%6.7%
$80.00Jul 17Jul 24$0.0841.1%14.6%
$84.00Jul 17Jul 20$0.088.9%6.6%
$70.00Jul 17Jul 31$0.13129.1%33.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$84.50Jul 17Jul 20$0.068.5%6.7%
$84.00Jul 17Jul 20$0.078.9%6.6%
$89.50Jul 17Aug 7$0.1547.0%13.0%
$93.00Jul 17Aug 7$0.1672.5%15.9%
$94.00Jul 17Aug 21$0.1679.4%15.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 202 found (cheapest 0.44% of stock, avg 4.65%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$84.50Jul 17$0.06$0.31$0.37$84.13$84.870.44%
$84.00Jul 17$0.32$0.07$0.39$83.61$84.390.46%
$84.50Jul 20$0.13$0.37$0.50$84.00$85.000.59%
$84.00Jul 20$0.40$0.14$0.54$83.46$84.540.64%
$84.50Jul 22$0.21$0.44$0.65$83.85$85.150.77%
$84.00Jul 22$0.49$0.21$0.70$83.30$84.700.83%
$84.50Jul 24$0.29$0.49$0.78$83.72$85.280.93%
$83.50Jul 17$0.77$0.02$0.79$82.71$84.290.94%
$85.00Jul 17$0.01$0.79$0.80$84.20$85.800.95%
$85.00Jul 20$0.04$0.78$0.82$84.18$85.820.97%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 195 found (cheapest 0.07% of stock, avg 0.61%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$85.50$82.50Jul 22$0.03$0.03$0.06$82.44$85.56
$85.50$83.00Jul 22$0.03$0.04$0.07$82.93$85.57
$86.00$82.50Jul 24$0.03$0.04$0.07$82.43$86.07
$84.50$83.50Jul 17$0.06$0.02$0.08$83.42$84.58
$86.00$82.00Jul 27$0.04$0.04$0.08$81.92$86.08
$85.00$83.50Jul 20$0.04$0.05$0.09$83.41$85.09
$85.50$82.50Jul 24$0.05$0.04$0.09$82.41$85.59
$86.00$83.00Jul 24$0.03$0.07$0.10$82.90$86.10
$86.00$82.50Jul 27$0.04$0.06$0.10$82.40$86.10
$86.50$82.00Jul 29$0.04$0.06$0.10$81.90$86.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 14 found (best R:R 3.55, avg credit $0.33)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
82/8384/84Aug 28$0.39$0.113.55$82.61$84.39
83/8484/85Aug 28$0.39$0.113.55$83.11$84.89
84/8485/86Aug 28$0.39$0.113.55$83.61$85.39
82/8284/84Aug 28$0.37$0.132.85$82.13$84.37
82/8384/85Aug 28$0.36$0.142.57$82.64$84.86
84/8484/85Jul 29$0.35$0.152.33$83.65$84.85
82/8284/85Aug 28$0.34$0.162.12$82.16$84.84
83/8485/86Aug 28$0.34$0.162.12$83.16$85.34
84/8485/86Jul 29$0.33$0.171.94$84.17$85.33
84/8484/85Jul 27$0.31$0.191.63$83.69$84.81

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 86 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$80.00$81.00$82.00Aug 21$0.07$0.9313.29
$86.00$87.00$88.00Aug 21$0.07$0.9313.29
$85.00$85.50$86.00Jul 27$0.05$0.459.00
$83.00$83.50$84.00Jul 31$0.05$0.459.00
$83.50$84.00$84.50Aug 7$0.05$0.459.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$85.00$86.00$87.00Jul 27$0.08$0.9211.50
$86.00$87.00$88.00Aug 21$0.08$0.9211.50
$84.00$84.50$85.00Aug 7$0.05$0.459.00
$86.00$86.50$87.00Aug 14$0.05$0.459.00
$83.00$83.50$84.00Aug 28$0.05$0.459.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 128 found (best net $--, 117 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$96.00$100.001:2Aug 28$0.00$4.00
$96.00$100.001:2Aug 14-$0.01$3.99
$97.00$100.001:2Jul 24-$0.01$2.99
$97.00$100.001:2Jul 31-$0.01$2.99
$97.00$100.001:2Aug 7-$0.01$2.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$75.00$70.001:2Aug 14$0.00$5.00
$75.00$70.001:2Jul 31-$0.01$4.99
$75.00$70.001:2Aug 7-$0.01$4.99
$74.00$70.001:2Jul 24-$0.01$3.99
$89.50$87.001:2Jul 17-$0.28$2.22

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 43 found (best yield 1.12%, avg 0.30%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$84.50Aug 28$0.940.440.3%1.12%1.46%142.5K
$85.00Aug 28$0.710.370.9%0.84%1.78%172373
$84.50Aug 14$0.680.420.3%0.81%1.15%215837
$85.00Aug 21$0.580.350.9%0.69%1.63%25.1K30.1K
$84.50Aug 7$0.570.410.3%0.68%1.02%167456
$85.50Aug 28$0.530.301.5%0.63%2.16%2944.2K
$84.50Jul 31$0.510.440.3%0.61%0.95%3951.5K
$85.00Aug 14$0.470.330.9%0.56%1.50%9012.5K
$84.50Jul 29$0.420.430.3%0.50%0.84%9633
$86.00Aug 28$0.380.242.1%0.45%2.58%4945.2K

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 273,385
Total Puts 140,983
Put/Call Ratio 0.52
Net Difference 132,402

Prior's Put/Call Breakdown

Total Calls 172,037
Total Puts 83,089
Put/Call Ratio 0.48
Net Difference 88,948

Prior 7-Day Put/Call Summary

Total Calls 1,536,817
Total Puts 868,125
Average Put/Call Ratio 0.56
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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