TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.80 -0.40%

(8/28 15:00) ◀

Friday, August 28, 2026 (3:26pm)

▶ (8/28 16:01)

◀ 8/28 15:26 ▶

Option Volume

Detail

ℹ

Current (08/28) 588,808

Calls: 356,847 (61%)

Puts: 231,961 (39%)

Prior (08/27) 308,835

Calls: 194,563 (63%)

Puts: 114,272 (37%)

Current vs Prior +90.65%

Calls: +83.41% (Calls)

Puts: +102.99% (Puts)

Prior 7-Day Total 2,612,808

Calls: 1,463,951 (56%)

Puts: 1,148,857 (44%)

Prior 7-Day Average 435,468

Calls: 209,135 (56%)

Puts: 164,122 (44%)

Current vs Prior 7-Day Avg +35.21%

Calls: +70.63%

Puts: +41.33%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/28) $18.38M

Calls: $9.61M (52%)

Puts: $8.78M (48%)

Prior (08/27) $11.05M

Calls: $8.20M (74%)

Puts: $2.85M (26%)

Current vs Prior +66.38%

Calls: +17.14%

Puts: +208.27%

Prior 7-Day Total $133.52M

Calls: $68.81M (52%)

Puts: $64.71M (48%)

Prior 7-Day Average $22.25M

Calls: $9.83M (52%)

Puts: $9.24M (48%)

Current vs Prior 7-Day Avg -17.39%

Calls: -2.26%

Puts: -5.08%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28) 0.65

Prior (08/27) 0.59

Current vs Prior +10.68%

Prior 7-Day Average 0.79

Current vs Prior 7-Day Avg -17.26%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/28) 2,939,022

Calls: 1,769,249 (60%)

Puts: 1,169,773 (40%)

Prior (08/27) 2,274,966

Calls: 1,330,439 (58%)

Puts: 944,527 (42%)

Current vs Prior +29.19%

Prior 7-Day Total 15,790,426

Calls: 8,917,914 (56%)

Puts: 6,872,512 (44%)

Prior 7-Day Average 2,631,737

Calls: 1,486,319 (56%)

Puts: 1,145,418 (44%)

Current vs Prior 7-Day Avg +11.68%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (08/28) | Next (08/31)Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)

Current 0.63% | 0.89%0.63% | 1.46%2.27% | 3.76%

Prior 0.93% | 1.14%0.93% | 1.74%2.47% | 3.97%

Current vs Prior -32.20% | -21.79%-32.20% | -16.22%-7.93% | -5.38%

Prior 7-Day Avg 0.90% | 1.18%1.03% | 1.77%1.96% | 3.72%

Current vs 7-Day Avg -30.01% | -24.20%-38.88% | -17.45%+15.74% | +1.05%

Prior 7-Day Eod 0.93% | 1.14%0.93% | 1.74%2.47% | 3.97%

Current vs 7-Day Eod -32.20% | -21.79%-32.20% | -16.22%-7.93% | -5.38%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 9.69% | 3.96%

Calls: 9.38% | 4.88%

Puts: 10.00% | 3.03%

Prior 3.74% | 3.07%

Calls: 3.13% | 2.44%

Puts: 4.35% | 3.70%

Current vs Prior +159.09% | +28.99%

Prior 7-Day Avg 6.94% | 2.71%

Calls: 9.11% | 2.17%

Puts: 4.76% | 3.25%

Current vs 7-Day Avg +39.69% | +46.13%

Liquidity Acceptable

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🤖 AI Insights

Elevated premium activity with dollar volume up 66% vs prior. Above-average activity with volume up 91% vs prior. Bullish P/C ratio of 0.65. Call-heavy open interest (1,769,249 calls vs 1,169,773 puts) suggests bullish positioning.

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

🎯

Tightest Spreads

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Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 337 of results (avg 3.1%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 30	1.42	1.43	$1.42	0.7%	810	0.62	7.6K
$82.00	Sep 25	1.33	1.34	$1.34	0.7%	226	0.63	1.4K
$70.00	Sep 4	12.75	12.85	$12.80	0.8%	--	1.00	64
$70.00	Sep 9	12.75	12.85	$12.80	0.8%	4	1.00	--
$70.00	Sep 11	12.75	12.85	$12.80	0.8%	--	1.00	166

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Aug 28	14.15	14.25	$14.20	0.7%	13	1.00	--
$96.00	Aug 28	13.15	13.25	$13.20	0.8%	13	1.00	--
$99.00	Sep 30	16.45	16.60	$16.52	0.9%	--	0.99	172
$98.00	Sep 18	15.45	15.60	$15.52	1.0%	--	0.99	16
$84.00	Oct 9	2.05	2.07	$2.06	1.0%	198	0.70	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 152 found (avg $0.33, cheapest $0.20)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 28	0.30	0.33	$0.32	9.4%	5.3K	0.94	65.3K
$83.00	Aug 31	0.13	0.15	$0.14	14.3%	6.8K	0.36	19.7K
$83.50	Sep 2	0.05	0.06	$0.06	16.7%	2.9K	0.13	3.2K
$83.00	Sep 2	0.17	0.18	$0.18	5.6%	2.9K	0.33	1.4K
$82.50	Aug 31	0.40	0.42	$0.41	4.9%	208	0.71	2.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 28	0.19	0.21	$0.20	10.0%	15.7K	1.00	9.2K
$82.50	Aug 31	0.09	0.10	$0.10	10.0%	3.6K	0.29	5.3K
$83.00	Aug 31	0.32	0.33	$0.33	3.0%	8.3K	0.64	2.7K
$82.00	Sep 2	0.13	0.14	$0.14	7.1%	17.3K	0.27	4.4K
$81.50	Sep 4	0.09	0.10	$0.10	10.0%	596	0.17	1.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 267 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Aug 31	4.75	4.85	$4.80	2.1%	--	1.00	11
$79.00	Aug 31	3.75	3.85	$3.80	2.6%	--	1.00	22
$80.00	Aug 31	2.75	2.85	$2.80	3.6%	17	1.00	31
$80.50	Aug 31	2.26	2.36	$2.31	4.3%	2	1.00	4
$81.00	Aug 31	1.77	1.86	$1.82	4.9%	8	1.00	474

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 28	0.19	0.21	$0.20	10.0%	15.7K	1.00	9.2K
$83.50	Aug 28	0.68	0.71	$0.70	4.3%	8.9K	1.00	5.4K
$84.00	Aug 28	1.17	1.22	$1.19	4.2%	297	1.00	464
$84.50	Aug 28	1.67	1.75	$1.71	4.7%	2	1.00	--
$85.00	Aug 28	2.17	2.26	$2.22	4.1%	11	1.00	4

Most actively traded options today. High liquidity = easy entry/exit. 421 active (total vol 587.9K, top 66.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 30	0.49	0.50	$0.50	2.0%	41.6K	0.29	52.8K
$83.50	Aug 28	0.00	0.01	$0.01	100.0%	34.3K	0.03	21.4K
$83.00	Aug 28	0.00	0.01	$0.01	100.0%	24.0K	0.08	32.0K
$84.00	Aug 28	0.00	0.01	$0.01	100.0%	23.9K	0.02	20.5K
$83.50	Sep 4	0.12	0.13	$0.13	7.7%	21.8K	0.20	19.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 18	0.11	0.12	$0.12	8.3%	66.0K	0.11	118.2K
$82.00	Sep 18	0.52	0.53	$0.53	1.9%	28.2K	0.40	130.7K
$82.00	Sep 2	0.13	0.14	$0.14	7.1%	17.3K	0.27	4.4K
$83.00	Sep 18	0.99	1.00	$1.00	1.0%	16.0K	0.59	76.4K
$83.00	Aug 28	0.19	0.21	$0.20	10.0%	15.7K	1.00	9.2K

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 84 found (best R:R 1.50, avg 1.89)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$82.50	Sep 11	$0.30	$0.20	$0.30	72%	0.67	$82.30
$81.50	$82.00	Sep 25	$0.33	$0.17	$0.33	73%	0.52	$81.83
$82.00	$82.50	Sep 18	$0.29	$0.21	$0.29	65%	0.72	$82.29
$82.50	$83.00	Sep 9	$0.22	$0.28	$0.22	56%	1.27	$82.72
$81.50	$82.00	Oct 9	$0.32	$0.18	$0.32	69%	0.56	$81.82

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$86.50	$86.00	Oct 2	$0.20	$0.30	$0.20	90%	1.50	$86.30
$86.00	$85.50	Oct 2	$0.29	$0.21	$0.29	88%	0.72	$85.71
$83.00	$82.00	Sep 30	$0.46	$0.54	$0.46	57%	1.17	$82.54
$83.00	$82.50	Sep 25	$0.25	$0.25	$0.25	58%	1.00	$82.75
$82.00	$81.50	Oct 2	$0.18	$0.32	$0.18	45%	1.78	$81.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 47 found (best R:R 0.61, avg 0.46)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 30	$0.38	$0.38	$0.62	56%	0.61	$83.38
$83.00	$83.50	Sep 2	$0.12	$0.12	$0.38	67%	0.32	$83.12
$83.00	$83.50	Sep 18	$0.20	$0.20	$0.30	58%	0.67	$83.20
$83.00	$83.50	Oct 2	$0.21	$0.21	$0.29	57%	0.72	$83.21
$83.00	$83.50	Aug 31	$0.10	$0.10	$0.40	64%	0.25	$83.10

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.50	Sep 4	$0.12	$0.12	$0.38	68%	0.32	$81.88
$82.50	$82.00	Sep 2	$0.19	$0.19	$0.31	50%	0.61	$82.31
$82.50	$82.00	Sep 4	$0.20	$0.20	$0.30	49%	0.67	$82.30
$82.00	$81.50	Sep 9	$0.13	$0.13	$0.37	65%	0.35	$81.87
$80.00	$79.00	Sep 30	$0.10	$0.10	$0.90	84%	0.11	$79.90

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 216 found (cheapest 0.25% of stock, avg 4.23%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 28	$0.01	$0.20	$0.21	$82.79	$83.21	0.25%
$82.50	Aug 28	$0.32	$0.01	$0.33	$82.17	$82.83	0.40%
$83.00	Aug 31	$0.14	$0.33	$0.47	$82.53	$83.47	0.57%
$82.50	Aug 31	$0.41	$0.10	$0.51	$81.99	$83.01	0.62%
$83.50	Aug 28	$0.01	$0.70	$0.71	$82.79	$84.21	0.86%
$82.50	Sep 2	$0.43	$0.33	$0.76	$81.74	$83.26	0.92%
$83.50	Aug 31	$0.04	$0.73	$0.77	$82.73	$84.27	0.93%
$82.00	Aug 28	$0.80	$0.01	$0.81	$81.19	$82.81	0.98%
$83.00	Sep 2	$0.18	$0.65	$0.83	$82.17	$83.83	1.00%
$82.00	Aug 31	$0.82	$0.02	$0.84	$81.16	$82.84	1.01%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 193 found (cheapest 0.02% of stock, avg 0.83%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.00	$82.50	Aug 28	$0.01	$0.01	$0.02	$82.48	$83.02
$83.50	$82.00	Aug 31	$0.04	$0.02	$0.06	$81.94	$83.56
$84.50	$81.00	Sep 4	$0.04	$0.04	$0.08	$80.92	$84.58
$84.00	$81.50	Sep 2	$0.03	$0.05	$0.08	$81.42	$84.08
$85.00	$80.50	Sep 9	$0.05	$0.05	$0.10	$80.40	$85.10
$84.00	$81.00	Sep 4	$0.06	$0.04	$0.10	$80.90	$84.10
$83.50	$81.50	Sep 2	$0.06	$0.05	$0.11	$81.39	$83.61
$84.50	$80.50	Sep 9	$0.07	$0.05	$0.12	$80.38	$84.62
$85.00	$80.00	Sep 11	$0.08	$0.06	$0.14	$79.86	$85.14
$85.00	$81.00	Sep 9	$0.05	$0.09	$0.14	$80.86	$85.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 1.08, avg credit $0.26)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/84	Oct 2	$0.26	$0.24	41%	1.08	$80.74	$84.26
80/80	84/84	Oct 9	$0.24	$0.26	44%	0.92	$80.26	$84.24
80/81	84/84	Oct 9	$0.26	$0.24	38%	1.08	$80.74	$84.26
80/80	84/85	Oct 9	$0.20	$0.30	49%	0.67	$80.30	$84.70
81/82	84/84	Sep 25	$0.24	$0.26	40%	0.92	$81.26	$84.24
81/82	84/84	Sep 18	$0.21	$0.29	46%	0.72	$81.29	$84.21
80/81	84/85	Oct 9	$0.22	$0.28	43%	0.79	$80.78	$84.72
81/82	84/84	Sep 18	$0.24	$0.26	38%	0.92	$81.26	$83.74
79/80	85/86	Sep 30	$0.22	$0.78	66%	0.28	$79.78	$85.22
79/80	84/85	Sep 30	$0.32	$0.68	55%	0.47	$79.68	$84.32

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 89 found (best R:R 1.63, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 28	$0.17	$0.33	89%	1.94
$82.00	$82.50	$83.00	Sep 2	$0.16	$0.34	67%	2.12
$82.50	$83.00	$83.50	Aug 28	$0.31	$0.19	91%	0.61
$80.00	$81.00	$82.00	Sep 30	$0.12	$0.88	32%	7.33
$82.00	$82.50	$83.00	Aug 31	$0.14	$0.36	58%	2.57

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 28	$0.19	$0.31	97%	1.63
$82.50	$83.00	$83.50	Aug 28	$0.31	$0.19	94%	0.61
$82.00	$82.50	$83.00	Aug 31	$0.15	$0.35	58%	2.33
$83.00	$83.50	$84.00	Aug 31	$0.06	$0.44	34%	7.33
$82.50	$83.00	$83.50	Aug 31	$0.17	$0.33	59%	1.94

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 141 found (best net $-1.54, 126 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 2	-$1.83	$1.17
$82.00	$82.50	1:2	Sep 4	-$0.12	$0.38
$83.00	$84.00	1:2	Sep 30	-$0.12	$0.88
$81.50	$82.00	1:2	Aug 28	-$0.30	$0.20
$71.00	$75.00	1:2	Sep 2	-$3.83	$0.17

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.54	$2.96
$89.00	$86.00	1:2	Oct 9	-$0.66	$2.34
$84.00	$83.50	1:2	Aug 28	-$0.21	$0.29
$83.00	$82.00	1:2	Sep 30	-$0.23	$0.77
$84.00	$83.50	1:2	Aug 31	-$0.27	$0.23

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 61 found (best yield 1.17%, avg 0.33%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 9	$0.97	0.43	0.2%	1.17%	1.41%	266	--
$83.50	Oct 9	$0.76	0.36	0.8%	0.92%	1.76%	124	201
$83.00	Sep 30	$0.87	0.44	0.2%	1.05%	1.29%	1.4K	19.9K
$83.00	Oct 2	$0.88	0.43	0.2%	1.06%	1.30%	1.3K	2.0K
$84.00	Oct 9	$0.59	0.30	1.4%	0.71%	2.16%	108	72
$83.50	Oct 2	$0.67	0.36	0.8%	0.81%	1.65%	8.2K	900
$84.50	Oct 9	$0.45	0.25	2.0%	0.54%	2.60%	47	11
$83.00	Sep 25	$0.78	0.43	0.2%	0.94%	1.18%	384	2.9K
$84.00	Oct 2	$0.51	0.29	1.4%	0.62%	2.07%	604	1.6K
$84.00	Sep 30	$0.49	0.29	1.4%	0.59%	2.04%	41.6K	52.8K

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 356,847

Total Puts 231,961

Put/Call Ratio 0.65

Net Difference 124,886

Prior's Put/Call Breakdown

Total Calls 194,563

Total Puts 114,272

Put/Call Ratio 0.59

Net Difference 80,291

Prior 7-Day Put/Call Summary

Total Calls 1,463,951

Total Puts 1,148,857

Average Put/Call Ratio 0.79

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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