TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$79.36 -0.07%

(9/25 15:00) ◀

Friday, September 25, 2026 (3:18pm)

▶ (9/25 15:23)

◀ 9/25 15:18 ▶

Option Volume

Detail

ℹ

Current (09/25) 870,631

Calls: 604,369 (69%)

Puts: 266,262 (31%)

Prior (09/24) 703,703

Calls: 449,167 (64%)

Puts: 254,536 (36%)

Current vs Prior +23.72%

Calls: +34.55% (Calls)

Puts: +4.61% (Puts)

Prior 7-Day Total 2,804,773

Calls: 1,831,017 (65%)

Puts: 973,756 (35%)

Prior 7-Day Average 467,462

Calls: 261,573 (65%)

Puts: 139,108 (35%)

Current vs Prior 7-Day Avg +86.25%

Calls: +131.05%

Puts: +91.41%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/25) $43.27M

Calls: $28.35M (66%)

Puts: $14.92M (34%)

Prior (09/24) $47.87M

Calls: $19.47M (41%)

Puts: $28.40M (59%)

Current vs Prior -9.61%

Calls: +45.62%

Puts: -47.48%

Prior 7-Day Total $166.21M

Calls: $76.77M (46%)

Puts: $89.44M (54%)

Prior 7-Day Average $27.70M

Calls: $10.97M (46%)

Puts: $12.78M (54%)

Current vs Prior 7-Day Avg +56.19%

Calls: +158.52%

Puts: +16.73%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/25) 0.44

Prior (09/24) 0.57

Current vs Prior -22.26%

Prior 7-Day Average 0.51

Current vs Prior 7-Day Avg -14.39%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/25) 2,950,216

Calls: 1,983,260 (67%)

Puts: 966,956 (33%)

Prior (09/24) 2,473,323

Calls: 1,566,143 (63%)

Puts: 907,180 (37%)

Current vs Prior +19.28%

Prior 7-Day Total 17,957,452

Calls: 11,552,756 (64%)

Puts: 6,404,696 (36%)

Prior 7-Day Average 2,992,908

Calls: 1,925,459 (64%)

Puts: 1,067,449 (36%)

Current vs Prior 7-Day Avg -1.43%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/25) | Next (09/28)Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 0.66% | 1.18%0.66% | 2.05%3.02% | 5.17%

Prior 1.18% | 1.51%1.18% | 2.43%3.39% | 5.45%

Current vs Prior -44.64% | -21.61%-44.64% | -15.48%-10.71% | -5.24%

Prior 7-Day Avg 0.92% | 1.27%1.09% | 1.92%1.82% | 3.90%

Current vs 7-Day Avg -29.07% | -6.88%-40.14% | +7.03%+65.90% | +32.55%

Prior 7-Day Eod 1.18% | 1.51%1.18% | 2.43%3.39% | 5.45%

Current vs 7-Day Eod -44.64% | -21.61%-44.64% | -15.48%-10.71% | -5.24%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 8.02% | 2.19%

Calls: 2.70% | 1.82%

Puts: 13.33% | 2.56%

Prior 3.14% | 3.54%

Calls: 3.51% | 2.90%

Puts: 2.78% | 4.17%

Current vs Prior +155.41% | -38.14%

Prior 7-Day Avg 5.13% | 2.52%

Calls: 5.74% | 2.04%

Puts: 4.52% | 2.99%

Current vs 7-Day Avg +56.28% | -12.98%

Liquidity Good

Add Card

🤖 AI Insights

Moderately bullish flow with 66% call dollar volume ($28.35M). Dollar volume significantly above 7-day average (56% higher). Volume explosion - 86% above 7-day average (870,631 vs avg 467,462). Extreme bullish P/C ratio of 0.44 - heavy call buying (604,369 calls vs 266,262 puts).

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BEARISH

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

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 354 of results (avg 2.8%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Oct 23	1.37	1.38	$1.38	0.7%	1.2K	0.53	868
$77.50	Nov 6	2.63	2.65	$2.64	0.8%	7	0.69	--
$79.50	Oct 23	1.10	1.11	$1.11	0.9%	1.9K	0.46	1.6K
$78.00	Oct 30	2.20	2.22	$2.21	0.9%	934	0.65	401
$80.00	Oct 30	1.05	1.06	$1.06	0.9%	8.0K	0.41	3.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$95.00	Sep 25	15.60	15.70	$15.65	0.6%	36	1.00	--
$93.00	Sep 25	13.60	13.70	$13.65	0.7%	25	1.00	--
$81.00	Nov 6	2.62	2.64	$2.63	0.8%	182	0.69	36
$92.00	Sep 25	12.60	12.70	$12.65	0.8%	32	1.00	--
$80.50	Nov 6	2.29	2.31	$2.30	0.9%	71	0.65	22

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 148 found (avg $0.38, cheapest $0.15)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Sep 25	0.36	0.37	$0.37	2.7%	19.7K	0.95	2.5K
$80.00	Sep 28	0.09	0.10	$0.10	10.0%	14.6K	0.21	3.0K
$79.50	Sep 28	0.25	0.26	$0.26	3.8%	8.0K	0.43	2.1K
$81.00	Sep 30	0.06	0.07	$0.07	14.3%	14.8K	0.10	22.7K
$81.50	Oct 2	0.05	0.06	$0.06	16.7%	1.2K	0.08	5.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.50	Sep 25	0.14	0.16	$0.15	13.3%	5.9K	0.82	13.9K
$78.50	Sep 28	0.07	0.08	$0.08	12.5%	3.2K	0.16	1.9K
$79.00	Sep 28	0.17	0.18	$0.18	5.6%	10.4K	0.33	3.8K
$79.50	Sep 28	0.38	0.39	$0.39	2.6%	1.9K	0.57	3.4K
$80.00	Sep 25	0.62	0.69	$0.66	10.6%	4.1K	0.96	15.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 255 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$76.00	Sep 28	3.30	3.45	$3.38	4.4%	20	1.00	108
$76.50	Sep 28	2.83	2.92	$2.88	3.1%	7.6K	1.00	--
$65.00	Sep 30	14.30	14.45	$14.38	1.0%	--	1.00	73
$70.00	Sep 30	9.30	9.45	$9.38	1.6%	2	1.00	185
$74.00	Sep 30	5.35	5.45	$5.40	1.9%	3	1.00	8

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.50	Sep 25	1.11	1.16	$1.14	4.4%	2.3K	1.00	6.4K
$81.00	Sep 25	1.58	1.69	$1.64	6.7%	1.3K	1.00	29.1K
$81.50	Sep 25	2.12	2.16	$2.14	1.9%	15	1.00	1.1K
$82.00	Sep 25	2.60	2.69	$2.65	3.4%	113	1.00	378
$82.50	Sep 25	3.10	3.20	$3.15	3.2%	18	1.00	60

Most actively traded options today. High liquidity = easy entry/exit. 465 active (total vol 867.5K, top 56.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Oct 16	0.70	0.71	$0.71	1.4%	56.0K	0.38	16.4K
$79.00	Sep 28	0.54	0.55	$0.55	1.8%	49.8K	0.67	345
$79.50	Sep 25	0.01	0.02	$0.02	50.0%	45.2K	0.19	4.0K
$81.00	Oct 16	0.36	0.37	$0.37	2.7%	33.3K	0.24	34.8K
$82.50	Oct 16	0.12	0.13	$0.13	7.7%	31.8K	0.10	11.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Sep 25	0.00	0.01	$0.01	100.0%	21.2K	0.05	18.6K
$79.00	Sep 30	0.33	0.34	$0.34	2.9%	18.5K	0.39	17.8K
$81.00	Sep 30	1.66	1.71	$1.69	3.0%	11.9K	0.89	17.0K
$78.00	Oct 9	0.44	0.45	$0.45	2.2%	11.4K	0.31	2.9K
$78.00	Oct 16	0.60	0.61	$0.61	1.6%	11.4K	0.34	26.9K

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 12.4%, max 12.4%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$79.50	Sep 25	Nov 6	17.9%	15.9%	12.4%	45.6K	4.3K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$79.50	Sep 25	Nov 6	17.9%	15.9%	12.4%	6.6K	14.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 105 found (best R:R 0.67, avg 2.42)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$75.00	$75.50	Nov 6	$0.30	$0.20	$0.30	91%	0.67	$75.30
$79.00	$79.50	Sep 28	$0.29	$0.21	$0.29	67%	0.72	$79.29
$78.50	$79.00	Oct 5	$0.33	$0.17	$0.33	69%	0.52	$78.83
$80.00	$80.50	Oct 7	$0.14	$0.36	$0.14	33%	2.57	$80.14
$80.00	$80.50	Oct 5	$0.13	$0.37	$0.13	31%	2.85	$80.13

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Nov 6	$0.32	$0.18	$0.32	74%	0.56	$81.18
$79.00	$78.00	Oct 30	$0.37	$0.63	$0.37	48%	1.70	$78.63
$80.00	$79.00	Oct 30	$0.50	$0.50	$0.50	59%	1.00	$79.50
$78.50	$78.00	Nov 6	$0.18	$0.32	$0.18	45%	1.78	$78.32
$80.00	$79.50	Sep 28	$0.33	$0.17	$0.33	79%	0.52	$79.67

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 61 found (best R:R 0.04, avg 0.46)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$80.00	$81.00	Sep 30	$0.19	$0.19	$0.81	69%	0.23	$80.19
$80.00	$81.00	Oct 30	$0.39	$0.39	$0.61	59%	0.64	$80.39
$81.00	$82.00	Oct 30	$0.27	$0.27	$0.73	70%	0.37	$81.27
$79.50	$80.00	Nov 6	$0.25	$0.25	$0.25	54%	1.00	$79.75
$79.50	$80.00	Oct 5	$0.21	$0.21	$0.29	58%	0.72	$79.71

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$75.00	$70.00	Oct 23	$0.17	$0.17	$4.83	88%	0.04	$74.83
$75.00	$70.00	Oct 30	$0.21	$0.21	$4.79	87%	0.04	$74.79
$79.00	$78.00	Sep 30	$0.24	$0.24	$0.76	62%	0.32	$78.76
$74.50	$70.00	Nov 6	$0.23	$0.23	$4.27	86%	0.05	$74.27
$78.50	$78.00	Oct 2	$0.14	$0.14	$0.36	65%	0.39	$78.36

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. 206 found (cheapest 0.21% of stock, avg 4.50%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$79.50	Sep 25	$0.02	$0.15	$0.17	$79.33	$79.67	0.21%
$79.00	Sep 25	$0.37	$0.01	$0.38	$78.62	$79.38	0.48%
$79.50	Sep 28	$0.26	$0.39	$0.65	$78.85	$80.15	0.82%
$80.00	Sep 25	$0.01	$0.66	$0.67	$79.33	$80.67	0.84%
$79.00	Sep 28	$0.55	$0.18	$0.73	$78.27	$79.73	0.92%
$80.00	Sep 28	$0.10	$0.72	$0.82	$79.18	$80.82	1.03%
$78.50	Sep 25	$0.86	$0.01	$0.87	$77.63	$79.37	1.10%
$78.50	Sep 28	$0.95	$0.08	$1.03	$77.47	$79.53	1.30%
$79.00	Sep 30	$0.73	$0.34	$1.07	$77.93	$80.07	1.35%
$80.00	Sep 30	$0.26	$0.86	$1.12	$78.88	$81.12	1.41%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 217 found (cheapest 0.04% of stock, avg 1.25%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$79.50	$79.00	Sep 25	$0.02	$0.01	$0.03	$78.97	$79.53
$80.50	$77.50	Sep 28	$0.04	$0.03	$0.07	$77.43	$80.57
$80.50	$78.00	Sep 28	$0.04	$0.04	$0.08	$77.92	$80.58
$80.50	$78.50	Sep 28	$0.04	$0.08	$0.12	$78.38	$80.62
$80.00	$77.50	Sep 28	$0.10	$0.03	$0.13	$77.37	$80.13
$80.00	$78.00	Sep 28	$0.10	$0.04	$0.14	$77.86	$80.14
$81.50	$77.00	Oct 2	$0.06	$0.10	$0.16	$76.84	$81.66
$81.00	$78.00	Sep 30	$0.07	$0.10	$0.17	$77.83	$81.17
$80.00	$78.50	Sep 28	$0.10	$0.08	$0.18	$78.32	$80.18
$81.00	$77.00	Oct 2	$0.10	$0.10	$0.20	$76.80	$81.20

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 27 found (best R:R 0.92, avg credit $0.30)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
76/76	82/82	Nov 6	$0.24	$0.26	47%	0.92	$76.26	$81.74
77/78	81/82	Oct 23	$0.26	$0.24	43%	1.08	$77.24	$81.26
76/76	81/82	Nov 6	$0.26	$0.24	43%	1.08	$76.24	$81.26
77/78	80/81	Oct 16	$0.26	$0.24	42%	1.08	$77.24	$80.76
77/78	80/81	Oct 23	$0.28	$0.22	37%	1.27	$77.22	$80.78
76/77	82/82	Nov 6	$0.25	$0.25	43%	1.00	$76.75	$81.75
76/77	81/82	Nov 6	$0.27	$0.23	39%	1.17	$76.73	$81.27
77/78	81/82	Oct 16	$0.22	$0.28	48%	0.79	$77.28	$81.22
78/78	80/81	Oct 16	$0.28	$0.22	36%	1.27	$77.72	$80.78
78/78	80/81	Oct 9	$0.24	$0.26	43%	0.92	$77.76	$80.74

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 77 found (best R:R 28.41, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$78.50	$79.00	$79.50	Sep 25	$0.14	$0.36	78%	2.57
$78.00	$79.00	$80.00	Sep 30	$0.30	$0.70	55%	2.33
$79.00	$80.00	$81.00	Sep 30	$0.28	$0.72	51%	2.57
$77.00	$78.00	$79.00	Sep 30	$0.15	$0.85	34%	5.67
$79.00	$79.50	$80.00	Sep 25	$0.34	$0.16	91%	0.47

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$65.00	$70.00	$75.00	Oct 30	$0.17	$4.83	13%	28.41
$65.00	$70.00	$75.00	Oct 23	$0.14	$4.86	11%	34.71
$78.50	$79.00	$79.50	Sep 25	$0.14	$0.36	79%	2.57
$78.00	$79.00	$80.00	Sep 30	$0.28	$0.72	55%	2.57
$80.00	$81.00	$82.00	Sep 30	$0.11	$0.89	28%	8.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 150 found (best net $-2.07, 131 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$74.00	1:2	Sep 30	-$1.42	$2.58
$65.00	$70.00	1:2	Sep 30	-$4.38	$0.62
$65.00	$70.00	1:2	Oct 2	-$4.38	$0.62
$75.50	$77.00	1:2	Oct 7	-$1.04	$0.46
$77.00	$78.00	1:2	Sep 30	-$0.58	$0.42

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$91.00	$86.00	1:2	Nov 6	-$2.07	$2.93
$86.00	$83.00	1:2	Nov 6	-$1.40	$1.60
$86.00	$83.50	1:2	Sep 28	-$1.65	$0.85
$80.50	$80.00	1:2	Sep 25	-$0.18	$0.32
$80.00	$79.50	1:2	Sep 28	-$0.06	$0.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 65 found (best yield 1.75%, avg 0.45%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$79.50	Nov 6	$1.39	0.46	0.2%	1.75%	1.93%	420	266
$80.00	Nov 6	$1.14	0.41	0.8%	1.44%	2.24%	667	459
$80.50	Nov 6	$0.93	0.35	1.4%	1.17%	2.61%	44	38
$80.00	Oct 30	$1.05	0.41	0.8%	1.32%	2.13%	8.0K	3.2K
$81.00	Nov 6	$0.75	0.31	2.1%	0.95%	3.01%	612	42
$79.50	Oct 23	$1.10	0.46	0.2%	1.39%	1.56%	1.9K	1.6K
$81.50	Nov 6	$0.60	0.26	2.7%	0.76%	3.45%	249	432
$81.00	Oct 30	$0.66	0.30	2.1%	0.83%	2.90%	1.8K	5.0K
$80.00	Oct 23	$0.86	0.39	0.8%	1.08%	1.89%	1.1K	2.7K
$82.00	Nov 6	$0.47	0.22	3.3%	0.59%	3.92%	494	286

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 604,369

Total Puts 266,262

Put/Call Ratio 0.44

Net Difference 338,107

Prior's Put/Call Breakdown

Total Calls 449,167

Total Puts 254,536

Put/Call Ratio 0.57

Net Difference 194,631

Prior 7-Day Put/Call Summary

Total Calls 1,831,017

Total Puts 973,756

Average Put/Call Ratio 0.51

Ratio Trend Falling

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...

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

Add Card