TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$78.44 -1.11%

(9/28 15:01) ◀

Monday, September 28, 2026 (3:14pm)

▶ (9/28 15:17)

◀ 9/28 15:14 ▶

Option Volume

Detail

ℹ

Current (09/28) 750,366

Calls: 459,871 (61%)

Puts: 290,495 (39%)

Prior (09/25) 982,623

Calls: 680,665 (69%)

Puts: 301,958 (31%)

Current vs Prior -23.64%

Calls: -32.44% (Calls)

Puts: -3.80% (Puts)

Prior 7-Day Total 3,261,941

Calls: 2,150,128 (66%)

Puts: 1,111,813 (34%)

Prior 7-Day Average 543,656

Calls: 307,161 (66%)

Puts: 158,830 (34%)

Current vs Prior 7-Day Avg +38.02%

Calls: +49.72%

Puts: +82.90%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/28) $42.35M

Calls: $16.27M (38%)

Puts: $26.07M (62%)

Prior (09/25) $48.94M

Calls: $31.54M (64%)

Puts: $17.40M (36%)

Current vs Prior -13.47%

Calls: -48.40%

Puts: +49.86%

Prior 7-Day Total $164.90M

Calls: $91.42M (55%)

Puts: $73.49M (45%)

Prior 7-Day Average $27.48M

Calls: $13.06M (55%)

Puts: $10.50M (45%)

Current vs Prior 7-Day Avg +54.08%

Calls: +24.62%

Puts: +148.36%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/28) 0.63

Prior (09/25) 0.44

Current vs Prior +42.39%

Prior 7-Day Average 0.51

Current vs Prior 7-Day Avg +23.13%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/28) 3,009,708

Calls: 2,053,884 (68%)

Puts: 955,824 (32%)

Prior (09/25) 2,528,733

Calls: 1,605,700 (63%)

Puts: 923,033 (37%)

Current vs Prior +19.02%

Prior 7-Day Total 16,318,458

Calls: 10,493,783 (64%)

Puts: 5,824,675 (36%)

Prior 7-Day Average 2,719,743

Calls: 1,748,963 (64%)

Puts: 970,779 (36%)

Current vs Prior 7-Day Avg +10.66%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/28) | Next (09/30)Expiry (10/02) | Next (10/09)Expiry (10/16) | Next (11/20)

Current 0.71% | 1.89%2.01% | 2.56%3.11% | 5.32%

Prior 1.17% | 2.02%0.66% | 2.09%3.03% | 5.16%

Current vs Prior -39.11% | -6.46%+207.25% | +22.44%+2.81% | +3.10%

Prior 7-Day Avg 0.97% | 1.43%1.06% | 2.01%2.18% | 4.24%

Current vs 7-Day Avg -26.58% | +31.88%+90.59% | +27.30%+42.67% | +25.29%

Prior 7-Day Eod 1.17% | 2.02%0.66% | 2.09%3.03% | 5.16%

Current vs 7-Day Eod -39.11% | -6.46%+207.25% | +22.44%+2.81% | +3.10%

Sentiment BULLISHBEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 12.32% | 2.71%

Calls: 15.56% | 2.82%

Puts: 9.09% | 2.60%

Prior 2.17% | 1.82%

Calls: 1.89% | 1.39%

Puts: 2.44% | 2.25%

Current vs Prior +467.74% | +48.90%

Prior 7-Day Avg 5.03% | 2.44%

Calls: 5.60% | 1.91%

Puts: 4.46% | 2.96%

Current vs 7-Day Avg +144.93% | +11.22%

Liquidity Good

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Moderately bearish flow with 62% put dollar volume ($26.07M). Dollar volume significantly above 7-day average (54% higher). Bullish P/C ratio of 0.63. P/C ratio rising 42% - increased hedging/bearish positioning.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

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

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Tightest Spreads

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Best Value <$1

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High Delta

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Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 361 of results (avg 3.1%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$67.00	Sep 28	11.40	11.50	$11.45	0.9%	8	1.00	--
$68.00	Sep 28	10.40	10.50	$10.45	1.0%	11	1.00	--
$79.50	Nov 6	1.01	1.02	$1.02	1.0%	1.4K	0.37	543
$78.50	Oct 16	0.98	0.99	$0.99	1.0%	3.9K	0.47	2.8K
$77.00	Oct 16	1.90	1.92	$1.91	1.0%	469	0.69	825

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$92.00	Sep 28	13.50	13.60	$13.55	0.7%	19	1.00	--
$77.50	Nov 6	1.28	1.29	$1.29	0.8%	197	0.44	427
$91.00	Sep 28	12.50	12.60	$12.55	0.8%	16	1.00	--
$90.00	Sep 28	11.50	11.60	$11.55	0.9%	12	1.00	--
$77.00	Nov 6	1.09	1.10	$1.10	0.9%	265	0.39	573

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 153 found (avg $0.35, cheapest $0.11)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 28	0.42	0.49	$0.45	15.6%	7.8K	0.95	1.2K
$80.00	Sep 30	0.06	0.07	$0.07	14.3%	25.4K	0.11	21.1K
$79.00	Sep 30	0.23	0.24	$0.24	4.2%	46.3K	0.32	7.6K
$80.50	Oct 2	0.06	0.07	$0.07	14.3%	3.3K	0.09	7.4K
$80.00	Oct 2	0.11	0.12	$0.12	8.3%	13.3K	0.14	23.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.50	Sep 28	0.10	0.11	$0.11	9.1%	15.5K	0.64	2.5K
$79.00	Sep 28	0.53	0.58	$0.55	9.1%	4.0K	0.98	8.3K
$77.00	Sep 30	0.06	0.07	$0.07	14.3%	11.4K	0.11	2.9K
$78.00	Sep 30	0.25	0.26	$0.26	3.8%	14.8K	0.34	5.8K
$76.00	Oct 2	0.07	0.08	$0.08	12.5%	1.4K	0.09	2.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 251 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$65.00	Oct 2	13.40	13.55	$13.48	1.1%	--	1.00	108
$70.00	Oct 2	8.40	8.55	$8.48	1.8%	20	1.00	202
$71.00	Oct 2	7.40	7.55	$7.48	2.0%	--	1.00	169
$72.00	Oct 2	6.40	6.55	$6.48	2.3%	--	1.00	81
$73.00	Oct 2	5.40	5.55	$5.48	2.7%	28	1.00	232

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.50	Sep 28	1.02	1.10	$1.06	7.5%	759	1.00	2.8K
$80.00	Sep 28	1.52	1.60	$1.56	5.1%	820	1.00	3.2K
$80.50	Sep 28	2.01	2.10	$2.05	4.4%	871	1.00	1.6K
$81.00	Sep 28	2.50	2.60	$2.55	3.9%	499	1.00	2.1K
$81.50	Sep 28	3.00	3.10	$3.05	3.3%	11	1.00	50

Most actively traded options today. High liquidity = easy entry/exit. 488 active (total vol 743.2K, top 47.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Sep 30	0.23	0.24	$0.24	4.2%	46.3K	0.32	7.6K
$79.00	Sep 28	0.00	0.01	$0.01	100.0%	35.2K	0.04	7.7K
$78.00	Sep 30	0.70	0.72	$0.71	2.8%	28.0K	0.66	527
$78.50	Sep 28	0.04	0.05	$0.05	20.0%	26.1K	0.37	816
$80.00	Sep 30	0.06	0.07	$0.07	14.3%	25.4K	0.11	21.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Oct 16	1.45	1.48	$1.47	2.0%	47.3K	0.61	98.7K
$77.00	Oct 16	0.60	0.61	$0.61	1.6%	47.1K	0.33	49.2K
$78.50	Sep 28	0.10	0.11	$0.11	9.1%	15.5K	0.64	2.5K
$78.00	Sep 30	0.25	0.26	$0.26	3.8%	14.8K	0.34	5.8K
$78.00	Sep 28	0.00	0.01	$0.01	100.0%	13.6K	0.05	5.1K

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 25.9%, max 25.9%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$78.50	Sep 28	Nov 6	21.4%	17.0%	25.9%	26.3K	919

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$78.50	Sep 28	Nov 6	21.4%	17.0%	25.9%	16.1K	3.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 109 found (best R:R 0.52, avg 2.30)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$78.00	$79.00	Sep 30	$0.47	$0.53	$0.47	66%	1.13	$78.47
$82.00	$83.00	Oct 30	$0.10	$0.90	$0.10	15%	9.00	$82.10
$79.50	$80.00	Oct 16	$0.14	$0.36	$0.14	32%	2.57	$79.64
$80.00	$80.50	Oct 16	$0.11	$0.39	$0.11	26%	3.55	$80.11
$79.00	$79.50	Oct 2	$0.12	$0.38	$0.12	31%	3.17	$79.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.50	Nov 6	$0.33	$0.17	$0.33	76%	0.52	$80.67
$78.00	$77.00	Oct 30	$0.36	$0.64	$0.36	47%	1.78	$77.64
$78.00	$77.50	Oct 16	$0.18	$0.32	$0.18	47%	1.78	$77.82
$80.00	$79.00	Oct 30	$0.61	$0.39	$0.61	68%	0.64	$79.39
$79.00	$78.00	Oct 12	$0.53	$0.47	$0.53	64%	0.89	$78.47

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 67 found (best R:R 0.09, avg 0.43)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$79.00	$80.00	Oct 30	$0.40	$0.40	$0.60	58%	0.67	$79.40
$80.00	$81.00	Oct 30	$0.28	$0.28	$0.72	68%	0.39	$80.28
$79.00	$80.00	Oct 12	$0.29	$0.29	$0.71	63%	0.41	$79.29
$78.50	$79.00	Nov 6	$0.25	$0.25	$0.25	53%	1.00	$78.75
$79.00	$80.00	Sep 30	$0.17	$0.17	$0.83	68%	0.20	$79.17

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$74.50	$70.00	Nov 6	$0.36	$0.36	$4.14	80%	0.09	$74.14
$75.00	$70.00	Oct 30	$0.32	$0.32	$4.68	81%	0.07	$74.68
$78.00	$77.00	Sep 30	$0.19	$0.19	$0.81	66%	0.23	$77.81
$78.00	$77.50	Oct 2	$0.19	$0.19	$0.31	55%	0.61	$77.81
$77.50	$77.00	Oct 5	$0.14	$0.14	$0.36	65%	0.39	$77.36

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.57, cheapest $0.45)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$78.50	Sep 28	Oct 2	$0.45	21.4%	19.6%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$78.50	Sep 28	Oct 2	$0.68	21.4%	19.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 197 found (cheapest 0.20% of stock, avg 4.75%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$78.50	Sep 28	$0.05	$0.11	$0.16	$78.34	$78.66	0.20%
$78.00	Sep 28	$0.45	$0.01	$0.46	$77.54	$78.46	0.59%
$79.00	Sep 28	$0.01	$0.55	$0.56	$78.44	$79.56	0.71%
$77.50	Sep 28	$0.95	$0.01	$0.96	$76.54	$78.46	1.22%
$78.00	Sep 30	$0.71	$0.26	$0.97	$77.03	$78.97	1.24%
$79.00	Sep 30	$0.24	$0.77	$1.01	$77.99	$80.01	1.29%
$79.50	Sep 28	$0.01	$1.06	$1.07	$78.43	$80.57	1.36%
$78.50	Oct 2	$0.50	$0.79	$1.29	$77.21	$79.79	1.64%
$78.00	Oct 2	$0.79	$0.52	$1.31	$76.69	$79.31	1.67%
$78.50	Oct 5	$0.55	$0.85	$1.40	$77.10	$79.90	1.78%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 219 found (cheapest 0.18% of stock, avg 1.34%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$80.00	$77.00	Sep 30	$0.07	$0.07	$0.14	$76.86	$80.14
$82.00	$74.00	Oct 12	$0.07	$0.08	$0.15	$73.85	$82.15
$80.50	$76.00	Oct 2	$0.07	$0.08	$0.15	$75.85	$80.65
$80.50	$76.00	Oct 5	$0.08	$0.11	$0.19	$75.81	$80.69
$80.00	$76.00	Oct 2	$0.12	$0.08	$0.20	$75.80	$80.20
$80.50	$76.50	Oct 2	$0.07	$0.13	$0.20	$76.30	$80.70
$82.00	$75.00	Oct 12	$0.07	$0.14	$0.21	$74.79	$82.21
$81.00	$74.00	Oct 12	$0.13	$0.08	$0.21	$73.79	$81.21
$80.00	$76.00	Oct 5	$0.13	$0.11	$0.24	$75.76	$80.24
$80.00	$76.50	Oct 2	$0.12	$0.13	$0.25	$76.25	$80.25

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 42 found (best R:R 1.27, avg credit $0.31)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
75/76	80/80	Nov 6	$0.28	$0.22	42%	1.27	$75.22	$80.28
76/76	80/80	Nov 6	$0.30	$0.20	38%	1.50	$75.70	$80.30
76/76	80/80	Nov 6	$0.31	$0.19	33%	1.63	$76.19	$80.31
75/76	81/82	Nov 6	$0.22	$0.28	50%	0.79	$75.28	$81.22
76/76	80/81	Nov 6	$0.26	$0.24	42%	1.08	$75.74	$80.76
76/76	81/82	Nov 6	$0.24	$0.26	46%	0.92	$75.76	$81.24
75/76	80/81	Nov 6	$0.24	$0.26	46%	0.92	$75.26	$80.74
76/76	80/80	Oct 23	$0.29	$0.21	36%	1.38	$76.21	$79.79
76/76	80/81	Oct 23	$0.23	$0.27	47%	0.85	$76.27	$80.73
76/77	80/80	Oct 23	$0.31	$0.19	31%	1.63	$76.69	$79.81

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 75 found (best R:R 4.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$77.50	$78.00	$78.50	Sep 28	$0.10	$0.40	60%	4.00
$78.00	$79.00	$80.00	Sep 30	$0.30	$0.70	55%	2.33
$79.00	$80.00	$81.00	Sep 30	$0.12	$0.88	29%	7.33
$76.00	$77.00	$78.00	Oct 30	$0.08	$0.92	22%	11.50
$76.00	$77.00	$78.00	Sep 30	$0.14	$0.86	31%	6.14

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$77.50	$78.00	$78.50	Sep 28	$0.10	$0.40	61%	4.00
$77.00	$78.00	$79.00	Sep 30	$0.32	$0.68	57%	2.12
$78.00	$78.50	$79.00	Sep 28	$0.34	$0.16	93%	0.47
$76.00	$77.00	$78.00	Sep 30	$0.14	$0.86	31%	6.14
$78.00	$79.00	$80.00	Sep 30	$0.33	$0.67	55%	2.03

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 151 found (best net $-0.46, 132 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$74.00	1:2	Sep 30	-$0.46	$3.54
$70.00	$73.50	1:2	Oct 16	-$1.55	$1.95
$65.00	$70.00	1:2	Oct 2	-$3.48	$1.52
$65.00	$70.00	1:2	Sep 30	-$3.48	$1.52
$74.00	$76.00	1:2	Oct 5	-$0.53	$1.47

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$81.00	$80.00	1:2	Sep 30	-$0.65	$0.35
$79.00	$78.00	1:2	Oct 12	-$0.28	$0.72
$78.00	$77.00	1:2	Oct 12	-$0.11	$0.89
$80.00	$79.00	1:2	Oct 12	-$0.63	$0.37
$75.00	$74.00	1:2	Oct 9	$0.00	$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 71 found (best yield 1.86%, avg 0.47%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$78.50	Nov 6	$1.46	0.47	0.1%	1.86%	1.94%	171	103
$79.00	Nov 6	$1.21	0.42	0.7%	1.54%	2.26%	346	38
$79.50	Nov 6	$1.01	0.37	1.4%	1.29%	2.64%	1.4K	543
$79.00	Oct 30	$1.12	0.42	0.7%	1.43%	2.14%	1.8K	2.8K
$80.00	Nov 6	$0.82	0.32	2.0%	1.05%	3.03%	2.5K	552
$80.00	Oct 30	$0.72	0.32	2.0%	0.92%	2.91%	6.7K	7.6K
$80.50	Nov 6	$0.65	0.27	2.6%	0.83%	3.45%	466	59
$78.50	Oct 23	$1.16	0.47	0.1%	1.48%	1.56%	1.7K	1.0K
$79.00	Oct 23	$0.93	0.41	0.7%	1.19%	1.90%	782	1.1K
$81.00	Nov 6	$0.52	0.23	3.3%	0.66%	3.93%	194	530

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 459,871

Total Puts 290,495

Put/Call Ratio 0.63

Net Difference 169,376

Prior's Put/Call Breakdown

Total Calls 680,665

Total Puts 301,958

Put/Call Ratio 0.44

Net Difference 378,707

Prior 7-Day Put/Call Summary

Total Calls 2,150,128

Total Puts 1,111,813

Average Put/Call Ratio 0.51

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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