TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$79.89 -0.31%

(10/21 15:00) ◀

Wednesday, October 21, 2026 (3:11pm)

▶

◀ 10/21 15:11

Option Volume

Detail

ℹ

Current (10/21) 235,325

Calls: 118,641 (50%)

Puts: 116,684 (50%)

Prior (10/20) 287,376

Calls: 200,085 (70%)

Puts: 87,291 (30%)

Current vs Prior -18.11%

Calls: -40.70% (Calls)

Puts: +33.67% (Puts)

Prior 7-Day Total 2,636,046

Calls: 1,643,434 (62%)

Puts: 992,612 (38%)

Prior 7-Day Average 439,341

Calls: 234,776 (62%)

Puts: 141,801 (38%)

Current vs Prior 7-Day Avg -46.44%

Calls: -49.47%

Puts: -17.71%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/21) $11.06M

Calls: $7.00M (63%)

Puts: $4.06M (37%)

Prior (10/20) $12.70M

Calls: $9.42M (74%)

Puts: $3.27M (26%)

Current vs Prior -12.88%

Calls: -25.74%

Puts: +24.17%

Prior 7-Day Total $150.99M

Calls: $87.44M (58%)

Puts: $63.55M (42%)

Prior 7-Day Average $25.16M

Calls: $12.49M (58%)

Puts: $9.08M (42%)

Current vs Prior 7-Day Avg -56.05%

Calls: -43.98%

Puts: -55.24%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/21) 0.98

Prior (10/20) 0.44

Current vs Prior +125.44%

Prior 7-Day Average 0.62

Current vs Prior 7-Day Avg +59.48%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (10/21) 3,377,688

Calls: 2,161,595 (64%)

Puts: 1,216,093 (36%)

Prior (10/20) 2,753,123

Calls: 1,777,304 (65%)

Puts: 975,819 (35%)

Current vs Prior +22.69%

Prior 7-Day Total 17,994,415

Calls: 11,591,265 (64%)

Puts: 6,403,150 (36%)

Prior 7-Day Average 2,999,069

Calls: 1,931,877 (64%)

Puts: 1,067,191 (36%)

Current vs Prior 7-Day Avg +12.62%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (10/21) | Next (10/23)Expiry (10/23) | Next (10/30)Expiry (10/21) | Next (11/20)

Current 0.74% | 1.19%1.19% | 2.35%0.74% | 3.35%

Prior 0.92% | 1.30%1.30% | 2.46%0.92% | 3.49%

Current vs Prior -20.03% | -8.38%-8.38% | -4.28%-20.03% | -4.00%

Prior 7-Day Avg 1.15% | 1.49%1.51% | 2.38%1.19% | 4.01%

Current vs 7-Day Avg -35.90% | -20.02%-21.32% | -1.07%-37.82% | -16.36%

Prior 7-Day Eod 0.92% | 1.30%1.30% | 2.46%0.92% | 3.49%

Current vs 7-Day Eod -20.03% | -8.38%-8.38% | -4.28%-20.03% | -4.00%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 15.91% | 7.88%

Calls: 25.58% | 10.34%

Puts: 6.25% | 5.41%

Prior 8.04% | 3.94%

Calls: 3.57% | 4.55%

Puts: 12.50% | 3.33%

Current vs Prior +97.89% | +100.00%

Prior 7-Day Avg 4.69% | 2.96%

Calls: 3.75% | 2.37%

Puts: 5.62% | 3.57%

Current vs 7-Day Avg +239.47% | +165.77%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 63% call dollar volume ($7.00M). P/C ratio rising 125% - increased hedging/bearish positioning. Call-heavy open interest (2,161,595 calls vs 1,216,093 puts) suggests bullish positioning. Rising open interest (up 23%) indicates new positions being established.

Smart Money BULLISH

Retail Flow NEUTRAL

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

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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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 380 of results (avg 3.6%, best 0.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$64.00	Oct 21	15.85	16.00	$15.93	0.9%	8	1.00	82
$65.00	Oct 21	14.85	15.00	$14.93	1.0%	10	1.00	82
$66.00	Oct 21	13.85	14.00	$13.93	1.1%	12	1.00	9
$80.50	Nov 20	0.90	0.91	$0.91	1.1%	177	0.40	798
$81.00	Nov 30	0.88	0.89	$0.89	1.1%	412	0.36	9.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$95.00	Oct 21	15.00	15.15	$15.08	1.0%	21	1.00	--
$94.00	Oct 21	14.00	14.15	$14.08	1.1%	21	1.00	--
$93.00	Oct 21	13.00	13.15	$13.08	1.1%	14	1.00	--
$92.00	Oct 21	12.00	12.15	$12.08	1.2%	24	1.00	--
$91.00	Oct 21	11.00	11.15	$11.08	1.4%	36	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 167 found (avg $0.35, cheapest $0.16)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 23	0.05	0.06	$0.06	16.7%	4.8K	0.12	19.4K
$80.50	Oct 23	0.12	0.13	$0.13	7.7%	4.8K	0.25	36.5K
$81.00	Oct 26	0.08	0.09	$0.09	11.1%	4.4K	0.15	9.7K
$80.00	Oct 23	0.28	0.29	$0.29	3.4%	13.4K	0.46	42.8K
$80.50	Oct 26	0.17	0.18	$0.18	5.6%	4.3K	0.28	3.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Oct 21	0.15	0.16	$0.16	6.3%	19.1K	0.68	4.5K
$79.00	Oct 23	0.05	0.06	$0.06	16.7%	5.0K	0.12	4.0K
$79.50	Oct 23	0.15	0.16	$0.16	6.3%	6.7K	0.30	5.0K
$79.00	Oct 26	0.09	0.10	$0.10	10.0%	3.8K	0.18	1.9K
$80.50	Oct 21	0.53	0.63	$0.58	17.2%	2.7K	0.96	731

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 269 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$64.00	Nov 4	15.90	16.10	$16.00	1.3%	175	1.00	--
$70.50	Nov 4	9.45	9.60	$9.52	1.6%	39	1.00	--
$71.00	Nov 4	8.90	9.10	$9.00	2.2%	4	1.00	--
$72.50	Nov 4	7.45	7.60	$7.53	2.0%	2	1.00	--
$73.00	Nov 4	6.90	7.10	$7.00	2.9%	18	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 21	1.02	1.14	$1.08	11.1%	198	1.00	474
$81.50	Oct 21	1.51	1.64	$1.58	8.2%	6	1.00	--
$82.00	Oct 21	2.01	2.14	$2.08	6.3%	1	1.00	1
$84.00	Oct 21	4.00	4.15	$4.08	3.7%	4	1.00	--
$84.50	Oct 21	4.50	4.65	$4.58	3.3%	53	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 429 active (total vol 234.8K, top 19.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.50	Oct 21	0.00	0.01	$0.01	100.0%	14.1K	0.04	4.3K
$80.00	Oct 23	0.28	0.29	$0.29	3.4%	13.4K	0.46	42.8K
$90.00	Nov 6	0.01	0.02	$0.02	50.0%	5.7K	0.01	184
$80.00	Oct 21	0.03	0.04	$0.04	25.0%	5.7K	0.32	2.8K
$81.00	Oct 23	0.05	0.06	$0.06	16.7%	4.8K	0.12	19.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Oct 21	0.15	0.16	$0.16	6.3%	19.1K	0.68	4.5K
$79.50	Oct 23	0.15	0.16	$0.16	6.3%	6.7K	0.30	5.0K
$80.00	Oct 23	0.36	0.38	$0.37	5.4%	6.3K	0.54	7.9K
$79.50	Oct 26	0.21	0.22	$0.22	4.5%	5.6K	0.34	1.2K
$79.00	Oct 23	0.05	0.06	$0.06	16.7%	5.0K	0.12	4.0K

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 72.4%, max 72.6%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$80.00	Oct 21	Nov 30	24.6%	14.3%	72.3%	6.8K	10.0K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$80.00	Oct 21	Nov 30	24.6%	14.3%	72.6%	19.4K	6.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 102 found (best R:R 0.56, avg 1.98)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$81.50	Nov 13	$0.12	$0.38	$0.12	32%	3.17	$81.12
$83.00	$84.00	Nov 27	$0.12	$0.88	$0.12	19%	7.33	$83.12
$81.50	$82.00	Nov 20	$0.11	$0.39	$0.11	29%	3.55	$81.61
$82.00	$82.50	Nov 27	$0.10	$0.40	$0.10	26%	4.00	$82.10
$83.00	$84.00	Nov 30	$0.13	$0.87	$0.13	19%	6.69	$83.13

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Oct 30	$0.64	$0.36	$0.64	74%	0.56	$80.36
$80.00	$79.00	Nov 30	$0.45	$0.55	$0.45	54%	1.22	$79.55
$79.00	$78.50	Nov 27	$0.17	$0.33	$0.17	42%	1.94	$78.83
$79.00	$78.00	Nov 30	$0.32	$0.68	$0.32	42%	2.13	$78.68
$79.50	$79.00	Nov 13	$0.20	$0.30	$0.20	48%	1.50	$79.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 61 found (best R:R 0.25, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$80.00	$80.50	Nov 2	$0.21	$0.21	$0.29	55%	0.72	$80.21
$80.00	$80.50	Nov 4	$0.21	$0.21	$0.29	55%	0.72	$80.21
$80.00	$80.50	Nov 6	$0.21	$0.21	$0.29	55%	0.72	$80.21
$80.50	$81.00	Nov 13	$0.18	$0.18	$0.32	61%	0.56	$80.68
$81.00	$82.00	Oct 30	$0.15	$0.15	$0.85	74%	0.18	$81.15

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$79.50	$79.00	Oct 23	$0.10	$0.10	$0.40	70%	0.25	$79.40
$79.00	$78.00	Oct 30	$0.16	$0.16	$0.84	73%	0.19	$78.84
$79.50	$79.00	Oct 26	$0.12	$0.12	$0.38	66%	0.32	$79.38
$79.00	$78.50	Nov 2	$0.14	$0.14	$0.36	66%	0.39	$78.86
$79.50	$79.00	Oct 28	$0.14	$0.14	$0.36	63%	0.39	$79.36

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.23, cheapest $0.21)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$80.00	Oct 21	Oct 23	$0.25	24.6%	13.8%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$80.00	Oct 21	Oct 23	$0.21	24.6%	13.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 212 found (cheapest 0.25% of stock, avg 4.67%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$80.00	Oct 21	$0.04	$0.16	$0.20	$79.80	$80.20	0.25%
$79.50	Oct 21	$0.43	$0.01	$0.44	$79.06	$79.94	0.55%
$80.50	Oct 21	$0.01	$0.58	$0.59	$79.91	$81.09	0.74%
$80.00	Oct 23	$0.29	$0.37	$0.66	$79.34	$80.66	0.83%
$79.50	Oct 23	$0.58	$0.16	$0.74	$78.76	$80.24	0.93%
$80.00	Oct 26	$0.36	$0.43	$0.79	$79.21	$80.79	0.99%
$80.50	Oct 23	$0.13	$0.70	$0.83	$79.67	$81.33	1.04%
$79.50	Oct 26	$0.65	$0.22	$0.87	$78.63	$80.37	1.09%
$79.00	Oct 21	$0.88	$0.01	$0.89	$78.11	$79.89	1.11%
$80.50	Oct 26	$0.18	$0.74	$0.92	$79.58	$81.42	1.15%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 223 found (cheapest 0.11% of stock, avg 1.19%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$81.50	$78.50	Oct 26	$0.05	$0.04	$0.09	$78.41	$81.59
$81.50	$79.00	Oct 23	$0.03	$0.06	$0.09	$78.91	$81.59
$82.00	$78.00	Oct 28	$0.06	$0.05	$0.11	$77.89	$82.11
$81.00	$79.00	Oct 23	$0.06	$0.06	$0.12	$78.88	$81.12
$81.00	$78.50	Oct 26	$0.09	$0.04	$0.13	$78.37	$81.13
$82.00	$78.50	Oct 28	$0.06	$0.09	$0.15	$78.35	$82.15
$81.50	$78.00	Oct 28	$0.10	$0.05	$0.15	$77.85	$81.65
$81.50	$79.00	Oct 26	$0.05	$0.10	$0.15	$78.85	$81.65
$83.00	$78.00	Oct 30	$0.06	$0.10	$0.16	$77.84	$83.16
$81.50	$78.50	Oct 28	$0.10	$0.09	$0.19	$78.31	$81.69

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 22 found (best R:R 1.63, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
78/78	81/82	Nov 20	$0.31	$0.19	31%	1.63	$78.19	$81.31
78/78	82/82	Nov 13	$0.22	$0.28	48%	0.79	$77.78	$81.72
78/78	82/82	Nov 20	$0.25	$0.25	42%	1.00	$78.25	$82.25
78/78	81/82	Nov 20	$0.27	$0.23	37%	1.17	$77.73	$81.27
78/78	81/82	Nov 6	$0.24	$0.26	42%	0.92	$78.26	$81.24
78/78	82/82	Nov 20	$0.21	$0.29	48%	0.72	$77.79	$82.21
78/79	81/82	Nov 2	$0.24	$0.26	41%	0.92	$78.76	$81.24
78/78	82/82	Nov 27	$0.25	$0.25	40%	1.00	$77.75	$81.75
78/78	81/82	Nov 4	$0.22	$0.28	45%	0.79	$78.28	$81.22
78/78	82/82	Nov 13	$0.24	$0.26	41%	0.92	$78.26	$81.74

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 95 found (best R:R 7.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$79.00	$79.50	$80.00	Oct 21	$0.06	$0.44	65%	7.33
$79.50	$80.00	$80.50	Oct 21	$0.36	$0.14	91%	0.39
$78.00	$79.00	$80.00	Oct 30	$0.21	$0.79	40%	3.76
$75.00	$76.00	$77.00	Nov 30	$0.05	$0.95	14%	19.00
$80.00	$81.00	$82.00	Oct 30	$0.19	$0.81	36%	4.26

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$79.50	$80.00	$80.50	Oct 21	$0.27	$0.23	91%	0.85
$79.00	$79.50	$80.00	Oct 21	$0.15	$0.35	65%	2.33
$78.00	$79.00	$80.00	Oct 30	$0.21	$0.79	40%	3.76
$79.00	$80.00	$81.00	Oct 30	$0.27	$0.73	47%	2.70
$77.00	$78.00	$79.00	Nov 30	$0.09	$0.91	21%	10.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 160 found (best net $-1.08, 149 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$67.00	$73.00	1:2	Nov 30	-$1.08	$4.92
$64.00	$70.50	1:2	Nov 4	-$3.04	$3.46
$78.00	$79.00	1:2	Oct 30	-$0.39	$0.61
$78.00	$79.00	1:2	Nov 2	-$0.41	$0.59
$78.50	$79.50	1:2	Nov 4	-$0.27	$0.73

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$85.00	$82.00	1:2	Nov 27	-$0.04	$2.96
$84.00	$82.00	1:2	Oct 21	-$0.08	$1.92
$87.00	$84.00	1:2	Nov 30	-$1.53	$1.47
$83.50	$82.00	1:2	Oct 26	-$0.60	$0.90
$81.00	$80.50	1:2	Oct 21	-$0.08	$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 74 found (best yield 1.61%, avg 0.47%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$80.00	Nov 30	$1.29	0.47	0.1%	1.61%	1.75%	1.1K	7.2K
$80.00	Nov 27	$1.25	0.47	0.1%	1.56%	1.70%	73	723
$80.50	Nov 27	$1.03	0.41	0.8%	1.29%	2.05%	50	1.3K
$81.00	Nov 30	$0.88	0.36	1.4%	1.10%	2.49%	412	9.9K
$81.00	Nov 27	$0.84	0.36	1.4%	1.05%	2.44%	100	1.6K
$81.50	Nov 27	$0.68	0.31	2.0%	0.85%	2.87%	1	634
$80.00	Nov 20	$1.11	0.46	0.1%	1.39%	1.53%	963	81.1K
$82.00	Nov 30	$0.58	0.27	2.6%	0.73%	3.37%	48	6.5K
$80.50	Nov 20	$0.90	0.40	0.8%	1.13%	1.89%	177	798
$82.00	Nov 27	$0.56	0.26	2.6%	0.70%	3.34%	566	754

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 118,641

Total Puts 116,684

Put/Call Ratio 0.98

Net Difference 1,957

Prior's Put/Call Breakdown

Total Calls 200,085

Total Puts 87,291

Put/Call Ratio 0.44

Net Difference 112,794

Prior 7-Day Put/Call Summary

Total Calls 1,643,434

Total Puts 992,612

Average Put/Call Ratio 0.62

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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