Tour v509
TLT
iShares 20+ Year Treasury Bond ETF
$82.01 -0.71%
8/14 15:24

Option Volume

Detail
Current (08/14) 393,936
Calls: 161,482 (41%)
Puts: 232,454 (59%)
Prior (08/13) 586,912
Calls: 289,660 (49%)
Puts: 297,252 (51%)
Current vs Prior -32.88%
Calls: -44.25% (Calls)
Puts: -21.80% (Puts)
Prior 7-Day Total 2,781,595
Calls: 1,729,343 (62%)
Puts: 1,052,252 (38%)
Prior 7-Day Average 463,599
Calls: 247,049 (62%)
Puts: 150,321 (38%)
Current vs Prior 7-Day Avg -15.03%
Calls: -34.64%
Puts: +54.64%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/14) $28.23M
Calls: $7.84M (28%)
Puts: $20.39M (72%)
Prior (08/13) $125.26M
Calls: $101.52M (81%)
Puts: $23.75M (19%)
Current vs Prior -77.46%
Calls: -92.28%
Puts: -14.14%
Prior 7-Day Total $527.84M
Calls: $458.54M (87%)
Puts: $69.30M (13%)
Prior 7-Day Average $87.97M
Calls: $65.51M (87%)
Puts: $9.90M (13%)
Current vs Prior 7-Day Avg -67.91%
Calls: -88.03%
Puts: +105.96%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/14) 1.44
Prior (08/13) 1.03
Current vs Prior +40.27%
Prior 7-Day Average 0.62
Current vs Prior 7-Day Avg +133.23%
Sentiment BEARISH

Open Interest

Detail
Current (08/14) 3,241,269
Calls: 1,792,947 (55%)
Puts: 1,448,322 (45%)
Prior (08/13) 2,692,307
Calls: 1,338,830 (50%)
Puts: 1,353,477 (50%)
Current vs Prior +20.39%
Prior 7-Day Total 15,530,170
Calls: 7,517,287 (48%)
Puts: 8,012,883 (52%)
Prior 7-Day Average 2,588,361
Calls: 1,252,881 (48%)
Puts: 1,335,480 (52%)
Current vs Prior 7-Day Avg +25.22%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/17)Expiry (08/14) | Next (08/21)Expiry (08/17) | Next (09/18)
Current 0.67% | 0.90%0.67% | 1.38%0.90% | 3.41%
Prior 0.86% | 1.02%0.86% | 1.42%1.02% | 3.21%
Current vs Prior -21.99% | -11.28%-22.00% | -2.73%-11.29% | +6.41%
Prior 7-Day Avg 0.96% | 1.18%1.02% | 1.61%1.37% | 3.52%
Current vs 7-Day Avg -30.39% | -23.78%-34.54% | -14.58%-34.23% | -3.02%
Prior 7-Day Eod 0.86% | 1.02%0.86% | 1.42%1.02% | 3.21%
Current vs 7-Day Eod -21.99% | -11.28%-22.00% | -2.73%-11.29% | +6.41%
Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 14.00% | 7.09%
Calls: 20.00% | 4.76%
Puts: 8.00% | 9.43%
Prior 6.62% | 4.50%
Calls: 4.35% | 3.13%
Puts: 8.89% | 5.88%
Current vs Prior +111.48% | +57.56%
Prior 7-Day Avg 5.08% | 3.23%
Calls: 4.62% | 2.69%
Puts: 5.54% | 3.77%
Current vs 7-Day Avg +175.50% | +119.62%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Moderately bearish flow with 72% put dollar volume ($20.39M). Light premium activity with dollar volume down 77% vs prior. Bearish P/C ratio of 1.44 indicates protective positioning. P/C ratio rising 40% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
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 312 of results (avg 2.9%, best 0.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.50Sep 252.192.20$2.200.5%90.6958
$81.00Sep 251.841.85$1.850.5%1920.6221
$81.00Sep 111.581.59$1.590.6%270.6587
$81.50Sep 111.241.25$1.250.8%2210.56218
$70.00Aug 2112.0012.10$12.050.8%31.00124
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.50Sep 111.291.30$1.300.8%4820.61405
$81.50Sep 250.991.00$1.001.0%250.47366
$92.00Aug 219.9510.05$10.001.0%--0.9920
$96.00Aug 1413.9014.05$13.981.1%251.00--
$83.00Sep 251.761.78$1.771.1%150.65136

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 134 found (avg $0.33, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.00Aug 170.200.21$0.214.8%2.5K0.491.4K
$82.50Aug 190.130.14$0.147.1%1.1K0.27597
$81.50Aug 140.490.51$0.504.0%3280.96437
$83.00Aug 210.090.10$0.1010.0%5.8K0.1736.6K
$83.50Aug 240.060.07$0.0714.3%2230.11311
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$81.50Aug 170.050.06$0.0616.7%4.1K0.181.5K
$82.00Aug 170.180.20$0.1910.5%2.1K0.512.6K
$81.00Aug 190.060.07$0.0714.3%8850.142.1K
$82.50Aug 140.480.52$0.508.0%4.4K0.966.9K
$81.50Aug 190.150.16$0.166.3%5820.281.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 231 found (avg delta 0.89, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Aug 1411.9512.10$12.021.2%--1.0027
$74.00Aug 147.958.10$8.031.9%311.0063
$75.00Aug 146.957.10$7.032.1%2291.00106
$76.00Aug 145.956.05$6.001.7%2241.00104
$77.00Aug 144.955.10$5.033.0%751.0039
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$93.00Aug 1410.9011.05$10.981.4%211.00--
$94.00Aug 1411.9012.05$11.981.3%111.00--
$95.00Aug 1412.9013.05$12.981.2%351.00--
$96.00Aug 1413.9014.05$13.981.1%251.00--
$90.00Aug 147.908.05$7.981.9%440.99--

Most actively traded options today. High liquidity = easy entry/exit. 421 active (total vol 392.1K, top 82.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.50Aug 210.220.23$0.234.3%19.2K0.3210.5K
$83.00Aug 280.270.28$0.283.6%15.6K0.2811.5K
$84.00Sep 40.150.16$0.166.3%9.8K0.1511.1K
$83.00Sep 180.640.65$0.651.5%9.3K0.3446.2K
$82.00Aug 210.450.46$0.462.2%7.2K0.505.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.00Sep 181.131.15$1.141.8%82.1K0.53141.4K
$81.00Sep 250.810.82$0.821.2%15.0K0.40605
$81.00Aug 210.120.13$0.137.7%13.6K0.1967.6K
$82.00Aug 140.040.05$0.0520.0%10.8K0.5012.4K
$80.00Sep 180.460.47$0.472.1%10.6K0.2743.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 49.2%, max 49.2%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$82.00Aug 14Sep 2514.1%9.4%49.2%5.8K5.8K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$82.00Aug 14Sep 2514.1%9.4%49.2%11.1K12.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 76 found (best R:R 1.50, avg 1.87)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$81.50$82.00Aug 19$0.33$0.17$0.3372%0.52$81.83
$84.00$84.50Sep 25$0.11$0.39$0.1124%3.55$84.11
$83.50$84.00Sep 11$0.11$0.39$0.1124%3.55$83.61
$81.50$82.00Aug 24$0.32$0.18$0.3266%0.56$81.82
$83.00$83.50Aug 28$0.12$0.38$0.1228%3.17$83.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$82.00$81.00Sep 18$0.40$0.60$0.4053%1.50$81.60
$83.00$82.00Sep 18$0.56$0.44$0.5666%0.79$82.44
$82.50$82.00Aug 24$0.26$0.24$0.2666%0.92$82.24
$82.50$82.00Sep 25$0.25$0.25$0.2559%1.00$82.25
$81.50$81.00Sep 25$0.18$0.32$0.1847%1.78$81.32

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 43 found (best R:R 0.45, avg 0.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$83.00$84.00Sep 18$0.31$0.31$0.6966%0.45$83.31
$82.50$83.00Aug 24$0.15$0.15$0.3566%0.43$82.65
$82.50$83.00Aug 26$0.17$0.17$0.3363%0.52$82.67
$82.50$83.00Sep 4$0.19$0.19$0.3162%0.61$82.69
$82.50$83.00Sep 11$0.20$0.20$0.3061%0.67$82.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$82.00$81.50Aug 17$0.13$0.13$0.3749%0.35$81.87
$81.50$81.00Aug 21$0.10$0.10$0.4068%0.25$81.40
$81.50$81.00Aug 24$0.11$0.11$0.3966%0.28$81.39
$81.50$81.00Sep 4$0.18$0.18$0.3256%0.56$81.32
$79.00$78.00Sep 18$0.11$0.11$0.8982%0.12$78.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.15, cheapest $0.14)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$82.00Aug 14Aug 17$0.1614.1%6.2%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$82.00Aug 14Aug 17$0.1414.1%6.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 198 found (cheapest 0.12% of stock, avg 4.02%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$82.00Aug 14$0.05$0.05$0.10$81.90$82.100.12%
$82.00Aug 17$0.21$0.19$0.40$81.60$82.400.49%
$81.50Aug 14$0.50$0.01$0.51$80.99$82.010.62%
$82.50Aug 14$0.01$0.50$0.51$81.99$83.010.62%
$82.50Aug 17$0.05$0.53$0.58$81.92$83.080.71%
$81.50Aug 17$0.56$0.06$0.62$80.88$82.120.76%
$82.00Aug 19$0.35$0.32$0.67$81.33$82.670.82%
$82.50Aug 19$0.14$0.61$0.75$81.75$83.250.91%
$81.50Aug 19$0.68$0.16$0.84$80.66$82.341.02%
$82.00Aug 21$0.46$0.40$0.86$81.14$82.861.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 200 found (cheapest 0.05% of stock, avg 0.89%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$83.00$81.00Aug 17$0.02$0.02$0.04$80.96$83.04
$82.50$81.00Aug 17$0.05$0.02$0.07$80.93$82.57
$83.50$80.00Aug 21$0.04$0.05$0.09$79.91$83.59
$83.00$80.50Aug 19$0.05$0.04$0.09$80.41$83.09
$83.00$81.50Aug 17$0.02$0.06$0.08$81.42$83.08
$82.50$81.50Aug 17$0.05$0.06$0.11$81.39$82.61
$84.00$80.00Aug 24$0.04$0.07$0.11$79.89$84.11
$84.00$79.00Aug 26$0.06$0.06$0.12$78.88$84.12
$83.00$81.00Aug 19$0.05$0.07$0.12$80.88$83.12
$83.50$80.50Aug 21$0.04$0.08$0.12$80.38$83.62

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 1.00, avg credit $0.29)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
80/8084/84Sep 25$0.25$0.2542%1.00$79.75$83.75
80/8083/84Sep 11$0.27$0.2338%1.17$80.23$83.27
80/8084/84Sep 25$0.27$0.2337%1.17$80.23$83.77
80/8084/84Sep 25$0.21$0.2948%0.72$79.79$84.21
80/8084/84Sep 11$0.22$0.2845%0.79$80.28$83.72
80/8084/84Sep 25$0.23$0.2743%0.85$80.27$84.23
81/8282/83Aug 24$0.26$0.2432%1.08$81.24$82.76
81/8282/83Aug 21$0.23$0.2736%0.85$81.27$82.73
78/7983/84Sep 18$0.42$0.5848%0.72$78.58$83.42
78/7984/85Sep 18$0.27$0.7361%0.37$78.73$84.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 82 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$81.00$81.50$82.00Aug 14$0.06$0.4450%7.33
$79.00$80.00$81.00Sep 18$0.07$0.9325%13.29
$81.50$82.00$82.50Aug 17$0.19$0.3166%1.63
$81.00$81.50$82.00Aug 17$0.11$0.3946%3.55
$80.00$81.00$82.00Sep 18$0.15$0.8530%5.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$82.00$82.50$83.00Aug 14$0.05$0.4547%9.00
$81.00$81.50$82.00Aug 17$0.09$0.4145%4.56
$81.00$81.50$82.00Aug 19$0.07$0.4336%6.14
$81.50$82.00$82.50Aug 17$0.21$0.2965%1.38
$78.00$79.00$80.00Sep 18$0.06$0.9415%15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 111 found (best net $-2.17, 102 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$70.00$75.001:2Sep 11-$2.17$2.83
$77.00$79.001:2Aug 17-$1.02$0.98
$77.00$79.001:2Aug 19-$1.07$0.93
$81.00$81.501:2Aug 17-$0.10$0.40
$82.00$83.001:2Sep 18-$0.20$0.80
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$86.50$84.501:2Aug 17-$0.53$1.47
$83.00$82.501:2Aug 17-$0.06$0.44
$83.00$82.501:2Aug 19-$0.20$0.30
$82.50$82.001:2Aug 21-$0.13$0.37
$82.00$81.501:2Aug 21-$0.06$0.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 40 found (best yield 1.18%, avg 0.34%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$82.50Sep 25$0.970.410.6%1.18%1.78%137923
$83.00Sep 25$0.760.351.2%0.93%2.13%135486
$83.50Sep 25$0.580.291.8%0.71%2.52%87352
$83.00Sep 18$0.640.341.2%0.78%1.99%9.3K46.2K
$84.00Sep 25$0.430.242.4%0.52%2.95%111296
$82.50Sep 11$0.700.390.6%0.85%1.45%4561.5K
$83.00Sep 11$0.500.311.2%0.61%1.82%2523.0K
$84.50Sep 25$0.320.193.0%0.39%3.43%50395
$82.50Sep 4$0.570.380.6%0.70%1.29%1141.2K
$84.00Sep 18$0.330.212.4%0.40%2.83%5.3K20.0K

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 161,482
Total Puts 232,454
Put/Call Ratio 1.44
Net Difference -70,972

Prior's Put/Call Breakdown

Total Calls 289,660
Total Puts 297,252
Put/Call Ratio 1.03
Net Difference -7,592

Prior 7-Day Put/Call Summary

Total Calls 1,729,343
Total Puts 1,052,252
Average Put/Call Ratio 0.62
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All