TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$85.64 -0.54%

(7/1 12:00) ◀

Wednesday, July 1, 2026 (1:00pm)

▶ (7/1 14:00)

◀ 7/1 13:00 ▶

Option Volume

Detail

ℹ

Current (07/01 1:00pm) 153,580

Calls: 82,158 (53%)

Puts: 71,422 (47%)

Prior (06/30) 103,941

Calls: 50,449 (49%)

Puts: 53,492 (51%)

Current vs Prior +47.76%

Calls: +62.85% (Calls)

Puts: +33.52% (Puts)

Prior 7-Day Total 1,242,269

Calls: 776,966 (63%)

Puts: 465,303 (37%)

Prior 7-Day Average 207,044

Calls: 110,995 (63%)

Puts: 66,471 (37%)

Current vs Prior 7-Day Avg -25.82%

Calls: -25.98%

Puts: +7.45%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/01 1:00pm) $8.16M

Calls: $4.30M (53%)

Puts: $3.86M (47%)

Prior (06/30) $13.49M

Calls: $11.15M (83%)

Puts: $2.35M (17%)

Current vs Prior -39.53%

Calls: -61.45%

Puts: +64.65%

Prior 7-Day Total $123.52M

Calls: $105.11M (85%)

Puts: $18.41M (15%)

Prior 7-Day Average $20.59M

Calls: $15.02M (85%)

Puts: $2.63M (15%)

Current vs Prior 7-Day Avg -60.37%

Calls: -71.38%

Puts: +46.82%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/01 1:00pm) 0.87

Prior (06/30) 1.06

Current vs Prior -18.01%

Prior 7-Day Average 0.70

Current vs Prior 7-Day Avg +24.20%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/01 1:00pm) 1,949,828

Calls: 1,061,303 (54%)

Puts: 888,525 (46%)

Prior (06/30) 2,142,346

Calls: 1,198,876 (56%)

Puts: 943,470 (44%)

Current vs Prior -8.99%

Prior 7-Day Total 12,530,071

Calls: 4,831,027 (56%)

Puts: 3,799,388 (44%)

Prior 7-Day Average 2,088,345

Calls: 1,207,756 (56%)

Puts: 949,847 (44%)

Current vs Prior 7-Day Avg -6.63%

Sentiment BEARISH

Expected Move

Detail

ℹ

0DTE3DTEWKMO Expiry (07/01) | Next (07/02)Expiry (07/01) | Next (07/06)Expiry (07/10) | Next (07/17)Expiry (07/15) | Next (--)

Current 0.62% | 0.88%0.62% | 1.03%1.38% | 1.81%1.68% | --

Prior 1.01% | 1.11%-- | ---- | ---- | --

Current vs Prior -38.53% | -21.16%-- | ---- | ---- | --

Prior 7-Day Avg 1.00% | 1.18%-- | ---- | ---- | --

Current vs 7-Day Avg -38.29% | -25.47%-- | ---- | ---- | --

Prior 7-Day Eod 1.01% | 1.11%-- | ---- | ---- | --

Current vs 7-Day Eod -38.53% | -21.16%-- | ---- | ---- | --

Sentiment BULLISH------

Relative Spread

Detail

ℹ

Expiry | Next

Current 14.78% | 3.91%

Calls: 18.75% | 2.94%

Puts: 10.81% | 4.88%

Prior 12.62% | 6.29%

Calls: 11.90% | 6.82%

Puts: 13.33% | 5.77%

Current vs Prior +17.12% | -37.84%

Prior 7-Day Avg 10.66% | 6.07%

Calls: 10.34% | 5.30%

Puts: 10.98% | 6.83%

Current vs 7-Day Avg +38.65% | -35.55%

Liquidity Acceptable

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🤖 AI Insights

Market showing bullish sentiment based on options flow analysis.

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 NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
12:00	BULLISH	BULLISH	BULLISH
11:00	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BULLISH	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 290 of results (avg 3.0%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Jul 17	8.80	8.85	$8.82	0.6%	--	0.99	20
$78.00	Jul 17	7.80	7.85	$7.82	0.6%	6	0.98	68
$85.00	Jul 24	1.29	1.30	$1.30	0.8%	48	0.65	704
$85.00	Jul 17	1.14	1.15	$1.15	0.9%	1.2K	0.68	17.3K
$85.50	Jul 31	1.12	1.13	$1.13	0.9%	173	0.54	1.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$100.00	Jul 1	14.30	14.40	$14.35	0.7%	70	1.00	30
$100.00	Jul 17	14.30	14.40	$14.35	0.7%	--	1.00	10.7K
$99.00	Jul 1	13.30	13.40	$13.35	0.7%	70	1.00	1
$99.00	Jul 13	13.30	13.40	$13.35	0.7%	1	1.00	--
$98.00	Jul 1	12.30	12.40	$12.35	0.8%	83	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 153 found (avg $0.32, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.50	Jul 6	0.05	0.06	$0.06	16.7%	290	0.14	606
$87.00	Jul 8	0.05	0.06	$0.06	16.7%	186	0.11	1.1K
$88.50	Jul 17	0.05	0.06	$0.06	16.7%	151	0.07	3.4K
$89.50	Jul 24	0.05	0.06	$0.06	16.7%	57	0.06	929
$90.50	Jul 31	0.05	0.06	$0.06	16.7%	18	0.05	393

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Jul 13	0.05	0.06	$0.06	16.7%	297	0.08	600
$82.50	Jul 15	0.05	0.06	$0.06	16.7%	297	0.06	--
$82.00	Jul 17	0.05	0.06	$0.06	16.7%	3.1K	0.06	19.3K
$80.50	Jul 24	0.05	0.06	$0.06	16.7%	4	0.04	749
$81.00	Jul 24	0.05	0.06	$0.06	16.7%	16	0.05	757

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 215 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Jul 1	15.55	15.70	$15.63	1.0%	159	1.00	--
$71.00	Jul 1	14.55	14.70	$14.63	1.0%	191	1.00	--
$72.00	Jul 1	13.55	13.70	$13.63	1.1%	125	1.00	--
$73.00	Jul 1	12.55	12.70	$12.63	1.2%	93	1.00	--
$74.00	Jul 1	11.55	11.70	$11.63	1.3%	77	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$87.50	Jul 2	1.84	1.88	$1.86	2.2%	395	1.00	1.7K
$88.00	Jul 2	2.34	2.38	$2.36	1.7%	8	1.00	812
$88.50	Jul 2	2.84	2.88	$2.86	1.4%	16	1.00	223
$89.00	Jul 2	3.30	3.40	$3.35	3.0%	160	1.00	376
$89.50	Jul 2	3.80	3.90	$3.85	2.6%	--	1.00	11

Most actively traded options today. High liquidity = easy entry/exit. 403 active (total vol 153.6K, top 10.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.00	Jul 2	0.09	0.10	$0.10	10.0%	10.0K	0.28	3.1K
$100.00	Jul 17	0.00	0.01	$0.01	100.0%	9.7K	0.00	16.7K
$86.00	Jul 1	0.00	0.02	$0.01	200.0%	5.9K	0.08	10
$86.00	Jul 10	0.33	0.34	$0.34	2.9%	5.0K	0.39	8.3K
$85.50	Jul 2	0.33	0.34	$0.34	2.9%	3.0K	0.62	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Jul 15	0.04	0.05	$0.05	20.0%	5.0K	0.04	--
$87.00	Jul 2	1.34	1.38	$1.36	2.9%	4.8K	0.98	12.0K
$86.00	Jul 17	0.73	0.74	$0.74	1.4%	4.3K	0.57	87.3K
$85.50	Jul 2	0.14	0.15	$0.15	6.7%	4.2K	0.38	6.8K
$85.50	Jul 1	0.01	0.03	$0.02	100.0%	4.2K	0.23	5.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 75 strikes (avg 578.6%, max 1163.6%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$94.00	Jul 1	Aug 7	187.8%	14.9%	1163.6%	101	104
$93.00	Jul 1	Aug 7	168.6%	13.5%	1150.4%	1	446
$75.00	Jul 1	Jul 31	260.6%	21.3%	1126.4%	151	45
$76.00	Jul 1	Jul 31	237.0%	19.4%	1121.8%	158	28
$92.00	Jul 1	Aug 7	148.9%	12.5%	1086.5%	43	93

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$93.00	Jul 1	Aug 7	168.6%	13.5%	1150.4%	153	2
$92.00	Jul 1	Jul 31	148.9%	12.9%	1050.4%	33	202
$94.00	Jul 1	Jul 17	187.8%	17.1%	998.4%	104	1.5K
$95.00	Jul 1	Jul 17	206.6%	18.8%	998.2%	83	322
$96.00	Jul 1	Jul 17	225.0%	20.5%	997.6%	83	310

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 61 found (best R:R 4.00, avg 1.67)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$86.00	$86.50	Jul 6	$0.11	$0.39	$0.11	3.55	$86.11
$87.00	$87.50	Jul 24	$0.11	$0.39	$0.11	3.55	$87.11
$86.50	$87.00	Jul 15	$0.12	$0.38	$0.12	3.17	$86.62
$86.50	$87.00	Jul 17	$0.13	$0.37	$0.13	2.85	$86.63
$86.00	$86.50	Jul 8	$0.14	$0.36	$0.14	2.57	$86.14

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$84.00	$83.50	Aug 7	$0.10	$0.40	$0.10	4.00	$83.90
$85.00	$84.50	Jul 17	$0.11	$0.39	$0.11	3.55	$84.89
$85.50	$85.00	Jul 6	$0.12	$0.38	$0.12	3.17	$85.38
$84.50	$84.00	Aug 7	$0.12	$0.38	$0.12	3.17	$84.38
$85.00	$84.50	Jul 24	$0.13	$0.37	$0.13	2.85	$84.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 85 found (best R:R 25.32, avg 1.62)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$80.00	$85.00	Jul 10	$4.81	$4.81	$0.19	25.32	$84.81
$85.00	$85.50	Jul 2	$0.40	$0.40	$0.10	4.00	$85.40
$84.50	$85.00	Jul 15	$0.39	$0.39	$0.11	3.55	$84.89
$84.50	$85.00	Jul 17	$0.38	$0.38	$0.12	3.17	$84.88
$84.00	$85.00	Aug 7	$0.75	$0.75	$0.25	3.00	$84.75

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$87.50	$87.00	Jul 31	$0.39	$0.39	$0.11	3.55	$87.11
$87.00	$86.50	Jul 15	$0.38	$0.38	$0.12	3.17	$86.62
$87.00	$86.50	Jul 17	$0.38	$0.38	$0.12	3.17	$86.62
$87.50	$87.00	Aug 7	$0.38	$0.38	$0.12	3.17	$87.12
$86.50	$86.00	Jul 8	$0.37	$0.37	$0.13	2.85	$86.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 15 found (avg debit $0.14, cheapest $0.05)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Jul 1	Jul 2	$0.05	84.5%	29.4%
$84.50	Jul 1	Jul 2	$0.06	35.0%	16.8%
$81.00	Jul 1	Jul 2	$0.07	120.1%	41.6%
$82.00	Jul 1	Jul 2	$0.07	96.5%	33.5%
$85.00	Jul 1	Jul 2	$0.09	21.6%	13.1%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$85.50	Jul 1	Jul 2	$0.13	11.4%	11.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 191 found (cheapest 0.21% of stock, avg 4.02%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$85.50	Jul 1	$0.16	$0.02	$0.18	$85.32	$85.68	0.21%
$86.00	Jul 1	$0.01	$0.37	$0.38	$85.62	$86.38	0.44%
$85.50	Jul 2	$0.34	$0.15	$0.49	$85.01	$85.99	0.57%
$86.00	Jul 2	$0.10	$0.41	$0.51	$85.49	$86.51	0.60%
$85.50	Jul 6	$0.41	$0.21	$0.62	$84.88	$86.12	0.72%
$86.00	Jul 6	$0.17	$0.47	$0.64	$85.36	$86.64	0.75%
$85.00	Jul 1	$0.65	$0.01	$0.66	$84.34	$85.66	0.77%
$85.50	Jul 8	$0.50	$0.28	$0.78	$84.72	$86.28	0.91%
$85.00	Jul 2	$0.74	$0.05	$0.79	$84.21	$85.79	0.92%
$86.00	Jul 8	$0.25	$0.54	$0.79	$85.21	$86.79	0.92%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 214 found (cheapest 0.04% of stock, avg 0.61%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$86.00	$85.50	Jul 1	$0.01	$0.02	$0.03	$85.47	$86.03
$86.50	$84.50	Jul 2	$0.03	$0.03	$0.06	$84.44	$86.56
$87.00	$84.00	Jul 6	$0.03	$0.03	$0.06	$83.94	$87.06
$87.50	$83.50	Jul 8	$0.03	$0.04	$0.07	$83.43	$87.57
$86.50	$85.00	Jul 2	$0.03	$0.05	$0.08	$84.92	$86.58
$87.00	$84.50	Jul 6	$0.03	$0.05	$0.08	$84.42	$87.08
$87.50	$84.00	Jul 8	$0.03	$0.05	$0.08	$83.92	$87.58
$86.50	$84.00	Jul 6	$0.06	$0.03	$0.09	$83.91	$86.59
$88.00	$83.50	Jul 10	$0.04	$0.05	$0.09	$83.41	$88.09
$87.00	$83.50	Jul 8	$0.06	$0.04	$0.10	$83.40	$87.10

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 23 found (best R:R 4.00, avg credit $0.33)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
84/85	86/86	Aug 7	$0.40	$0.10	4.00	$84.60	$86.40
86/86	87/88	Aug 7	$0.40	$0.10	4.00	$85.60	$87.40
85/86	86/86	Jul 24	$0.39	$0.11	3.55	$85.11	$86.39
84/84	86/86	Aug 7	$0.39	$0.11	3.55	$84.11	$85.89
84/84	86/86	Aug 7	$0.37	$0.13	2.85	$83.63	$85.87
85/86	86/87	Aug 7	$0.37	$0.13	2.85	$85.13	$86.87
85/86	86/86	Jul 15	$0.36	$0.14	2.57	$85.14	$86.36
86/86	86/87	Jul 15	$0.36	$0.14	2.57	$85.64	$86.86
84/85	86/86	Jul 24	$0.35	$0.15	2.33	$84.65	$86.35
84/84	86/86	Aug 7	$0.35	$0.15	2.33	$84.15	$86.35

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 80 found (best R:R 15.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$82.00	$83.00	$84.00	Jul 17	$0.06	$0.94	15.67
$83.00	$84.00	$85.00	Jul 8	$0.07	$0.93	13.29
$85.50	$86.00	$86.50	Jul 24	$0.05	$0.45	9.00
$84.50	$85.00	$85.50	Jul 31	$0.05	$0.45	9.00
$87.00	$87.50	$88.00	Jul 31	$0.05	$0.45	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$87.00	$88.00	$89.00	Jul 15	$0.06	$0.94	15.67
$86.00	$86.50	$87.00	Jul 2	$0.05	$0.45	9.00
$84.00	$84.50	$85.00	Jul 24	$0.05	$0.45	9.00
$85.50	$86.00	$86.50	Jul 24	$0.05	$0.45	9.00
$85.00	$85.50	$86.00	Jul 31	$0.05	$0.45	9.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 144 found (best net $-0.01, 130 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$96.00	$100.00	1:2	Jul 2	-$0.01	$3.99
$97.00	$100.00	1:2	Jul 31	$0.00	$3.00
$97.00	$100.00	1:2	Jul 10	-$0.01	$2.99
$97.00	$100.00	1:2	Jul 24	-$0.01	$2.99
$95.00	$97.00	1:2	Jul 10	-$0.01	$1.99

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$80.50	$70.00	1:2	Jul 6	-$0.01	$10.49
$75.00	$70.00	1:2	Aug 7	$0.00	$5.00
$75.00	$70.00	1:2	Jul 10	-$0.01	$4.99
$74.00	$70.00	1:2	Jul 24	$0.00	$4.00
$79.00	$76.00	1:2	Jul 15	-$0.01	$2.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 47 found (best yield 1.04%, avg 0.31%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$86.00	Aug 7	$0.89	0.43	0.4%	1.04%	1.46%	161	239
$86.00	Jul 31	$0.84	0.45	0.4%	0.98%	1.40%	944	2.3K
$86.00	Jul 24	$0.69	0.44	0.4%	0.81%	1.23%	123	2.2K
$86.50	Aug 7	$0.66	0.36	1.0%	0.77%	1.77%	41	1.2K
$86.50	Jul 31	$0.62	0.37	1.0%	0.72%	1.73%	257	600
$86.00	Jul 17	$0.54	0.43	0.4%	0.63%	1.05%	1.8K	70.3K
$87.00	Aug 7	$0.49	0.29	1.6%	0.57%	2.16%	232	1.2K
$86.00	Jul 15	$0.47	0.42	0.4%	0.55%	0.97%	762	53
$86.50	Jul 24	$0.47	0.35	1.0%	0.55%	1.55%	202	1.9K
$87.00	Jul 31	$0.44	0.30	1.6%	0.51%	2.10%	288	6.4K

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 82,158

Total Puts 71,422

Put/Call Ratio 0.87

Net Difference 10,736

Prior's Put/Call Breakdown

Total Calls 50,449

Total Puts 53,492

Put/Call Ratio 1.06

Net Difference -3,043

Prior 7-Day Put/Call Summary

Total Calls 776,966

Total Puts 465,303

Average Put/Call Ratio 0.70

Ratio Trend Falling

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

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📈 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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