TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$85.43 -0.11%

(7/1 19:04) ◀

Thursday, July 2, 2026 (10:00am)

▶ (7/2 11:00)

◀ 7/2 10:00 ▶

Option Volume

Detail

ℹ

Current (07/02 10:00am) 41,770

Calls: 25,595 (61%)

Puts: 16,175 (39%)

Prior (07/01) 77,517

Calls: 44,113 (57%)

Puts: 33,404 (43%)

Current vs Prior -46.12%

Calls: -41.98% (Calls)

Puts: -51.58% (Puts)

Prior 7-Day Total 1,886,846

Calls: 1,044,855 (55%)

Puts: 841,991 (45%)

Prior 7-Day Average 269,549

Calls: 149,265 (55%)

Puts: 120,284 (45%)

Current vs Prior 7-Day Avg -84.50%

Calls: -82.85%

Puts: -86.55%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/02 10:00am) $2.44M

Calls: $1.82M (75%)

Puts: $620.1K (25%)

Prior (07/01) $2.85M

Calls: $1.52M (53%)

Puts: $1.33M (47%)

Current vs Prior -14.52%

Calls: +19.67%

Puts: -53.45%

Prior 7-Day Total $266.39M

Calls: $124.67M (47%)

Puts: $141.72M (53%)

Prior 7-Day Average $38.06M

Calls: $17.81M (47%)

Puts: $20.25M (53%)

Current vs Prior 7-Day Avg -93.60%

Calls: -89.81%

Puts: -96.94%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/02 10:00am) 0.63

Prior (07/01) 0.76

Current vs Prior -16.54%

Prior 7-Day Average 0.88

Current vs Prior 7-Day Avg -28.28%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/02 10:00am) 1,946,136

Calls: 1,105,355 (57%)

Puts: 840,781 (43%)

Prior (07/01) 1,949,828

Calls: 1,061,303 (54%)

Puts: 888,525 (46%)

Current vs Prior -0.19%

Prior 7-Day Total 14,479,899

Calls: 4,831,027 (56%)

Puts: 3,799,388 (44%)

Prior 7-Day Average 2,068,557

Calls: 1,207,756 (56%)

Puts: 949,847 (44%)

Current vs Prior 7-Day Avg -5.92%

Sentiment BEARISH

Expected Move

Detail

ℹ

0DTE3DTEWKMO Expiry (07/02) | Next (07/06)Expiry (07/06) | Next (07/08)Expiry (07/10) | Next (07/17)Expiry (07/15) | Next (--)

Current 0.68% | 0.89%0.89% | 1.10%1.28% | 1.72%1.59% | --

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

Current vs Prior -32.56% | -19.92%-- | ---- | ---- | --

Prior 7-Day Avg 0.82% | 1.03%-- | ---- | ---- | --

Current vs 7-Day Avg -17.23% | -13.28%-- | ---- | ---- | --

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

Current vs 7-Day Eod -32.56% | -19.92%-- | ---- | ---- | --

Sentiment BULLISH------

Relative Spread

Detail

ℹ

Expiry | Next

Current 10.39% | 7.92%

Calls: 13.64% | 7.84%

Puts: 7.14% | 8.00%

Prior 12.62% | 6.29%

Calls: 11.90% | 6.82%

Puts: 13.33% | 5.77%

Current vs Prior -17.67% | +25.91%

Prior 7-Day Avg 10.66% | 6.07%

Calls: 10.34% | 5.30%

Puts: 10.98% | 6.83%

Current vs 7-Day Avg -2.53% | +30.55%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 75% call dollar volume ($1.82M). Below-average activity with volume down 46% vs prior. Bullish P/C ratio of 0.63.

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 BEARISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
16:00	BEARISH	BEARISH	BEARISH
15:00	BEARISH	BEARISH	BEARISH
14:00	BULLISH	NEUTRAL	BULLISH
13:00	BULLISH	BULLISH	BULLISH
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 233 of results (avg 3.2%, best 0.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Jul 2	15.40	15.45	$15.43	0.3%	35	1.00	--
$71.00	Jul 2	14.40	14.45	$14.43	0.3%	35	1.00	--
$72.00	Jul 2	13.40	13.45	$13.43	0.4%	78	1.00	--
$73.00	Jul 2	12.40	12.45	$12.43	0.4%	78	1.00	--
$74.00	Jul 2	11.40	11.45	$11.43	0.4%	11	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$100.00	Jul 2	14.55	14.60	$14.58	0.3%	--	1.00	13
$93.00	Jul 17	7.55	7.60	$7.57	0.7%	--	1.00	139
$92.50	Aug 7	7.10	7.15	$7.13	0.7%	--	0.97	11
$92.00	Jul 31	6.55	6.60	$6.57	0.8%	2	1.00	--
$91.50	Jul 2	6.05	6.10	$6.07	0.8%	29	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 148 found (avg $0.31, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$87.00	Jul 13	0.05	0.06	$0.06	16.7%	--	0.10	488
$87.50	Jul 15	0.05	0.06	$0.06	16.7%	--	0.08	135
$88.00	Jul 17	0.05	0.06	$0.06	16.7%	65	0.07	155.4K
$89.00	Jul 24	0.05	0.06	$0.06	16.7%	30	0.06	11.8K
$90.00	Jul 31	0.05	0.06	$0.06	16.7%	40	0.05	3.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.50	Jul 8	0.05	0.06	$0.06	16.7%	1	0.13	108
$83.50	Jul 13	0.05	0.06	$0.06	16.7%	--	0.09	790
$82.50	Jul 15	0.05	0.06	$0.06	16.7%	--	0.06	297
$82.50	Jul 17	0.05	0.06	$0.06	16.7%	--	0.06	2.2K
$81.00	Jul 24	0.05	0.06	$0.06	16.7%	1	0.05	757

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 153 found (avg delta 0.86, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Jul 6	6.40	6.50	$6.45	1.6%	--	1.00	10
$80.00	Jul 10	5.45	5.55	$5.50	1.8%	--	1.00	28
$70.00	Jul 2	15.40	15.45	$15.43	0.3%	35	1.00	--
$71.00	Jul 2	14.40	14.45	$14.43	0.3%	35	1.00	--
$72.00	Jul 2	13.40	13.45	$13.43	0.4%	78	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.50	Jul 2	1.05	1.10	$1.08	4.6%	3	1.00	7
$87.00	Jul 2	1.56	1.60	$1.58	2.5%	207	1.00	1.2K
$87.50	Jul 2	2.05	2.10	$2.08	2.4%	--	1.00	80
$91.00	Jul 2	5.55	5.60	$5.57	0.9%	1	1.00	1
$91.50	Jul 2	6.05	6.10	$6.07	0.8%	29	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 258 active (total vol 41.8K, top 8.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.50	Jul 10	0.08	0.09	$0.09	11.1%	8.9K	0.16	16.1K
$85.50	Jul 10	0.37	0.39	$0.38	5.3%	1.5K	0.47	4.7K
$94.00	Jul 24	0.00	0.01	$0.01	100.0%	1.5K	0.01	278
$85.00	Jul 17	0.91	0.92	$0.92	1.1%	1.3K	0.63	17.1K
$85.50	Jul 2	0.06	0.07	$0.07	14.3%	1.0K	0.38	4.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.50	Jul 2	0.13	0.14	$0.14	7.1%	3.7K	0.62	15.1K
$85.50	Jul 10	0.38	0.40	$0.39	5.1%	1.6K	0.53	3.8K
$82.00	Jul 15	0.04	0.05	$0.05	20.0%	1.2K	0.05	1.0K
$84.00	Jul 6	0.02	0.03	$0.03	33.3%	1.1K	0.06	684
$83.00	Jul 6	0.01	0.02	$0.02	50.0%	866	0.03	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. 65 strikes (avg 478.6%, max 961.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$100.00	Jul 2	Jul 31	215.8%	20.3%	961.7%	--	228
$70.00	Jul 2	Jul 31	271.4%	25.6%	961.0%	37	--
$96.00	Jul 2	Aug 7	165.2%	16.1%	924.4%	--	214
$95.00	Jul 2	Aug 7	152.0%	16.0%	851.7%	--	305
$94.00	Jul 2	Aug 7	138.4%	14.7%	843.2%	--	116

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$92.00	Jul 2	Jul 31	110.5%	12.8%	760.6%	31	--
$80.00	Jul 2	Aug 14	100.1%	11.9%	739.3%	301	1.8K
$79.00	Jul 2	Aug 7	116.9%	14.0%	732.6%	--	594
$78.00	Jul 2	Jul 31	133.8%	16.3%	718.4%	--	1.4K
$76.00	Jul 2	Jul 24	167.6%	20.5%	716.4%	--	179

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 68 found (best R:R 11.50, avg 1.91)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$88.00	$90.00	Aug 14	$0.16	$1.84	$0.16	11.50	$88.16
$86.00	$86.50	Jul 10	$0.10	$0.40	$0.10	4.00	$86.10
$87.00	$87.50	Jul 31	$0.10	$0.40	$0.10	4.00	$87.10
$87.00	$88.00	Aug 14	$0.21	$0.79	$0.21	3.76	$87.21
$87.00	$87.50	Aug 7	$0.11	$0.39	$0.11	3.55	$87.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$84.50	$84.00	Jul 24	$0.10	$0.40	$0.10	4.00	$84.40
$84.50	$84.00	Jul 31	$0.11	$0.39	$0.11	3.55	$84.39
$84.00	$83.50	Aug 7	$0.11	$0.39	$0.11	3.55	$83.89
$84.00	$83.50	Aug 14	$0.11	$0.39	$0.11	3.55	$83.89
$85.50	$85.00	Jul 2	$0.12	$0.38	$0.12	3.17	$85.38

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 86 found (best R:R 5.25, avg 1.34)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$84.00	$85.00	Jul 13	$0.84	$0.84	$0.16	5.25	$84.84
$84.00	$85.00	Jul 15	$0.80	$0.80	$0.20	4.00	$84.80
$84.00	$84.50	Jul 24	$0.39	$0.39	$0.11	3.55	$84.39
$84.00	$84.50	Jul 31	$0.39	$0.39	$0.11	3.55	$84.39
$85.00	$85.50	Jul 2	$0.37	$0.37	$0.13	2.85	$85.37

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$86.50	$86.00	Jul 13	$0.40	$0.40	$0.10	4.00	$86.10
$87.00	$86.50	Jul 24	$0.40	$0.40	$0.10	4.00	$86.60
$87.50	$87.00	Aug 7	$0.40	$0.40	$0.10	4.00	$87.10
$89.00	$85.50	Aug 14	$2.69	$2.69	$0.81	3.32	$86.31
$86.50	$86.00	Jul 15	$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. 18 found (avg debit $0.15, cheapest $0.06)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$84.50	Jul 6	Jul 8	$0.06	7.1%	7.3%
$80.00	Jul 2	Jul 10	$0.07	100.1%	20.5%
$85.00	Jul 2	Jul 6	$0.07	14.6%	6.0%
$75.00	Jul 2	Jul 17	$0.12	184.6%	24.1%
$77.00	Jul 2	Jul 17	$0.12	150.7%	22.5%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$85.00	Jul 2	Jul 6	$0.06	14.6%	6.0%
$85.50	Jul 2	Jul 6	$0.11	10.7%	6.3%
$88.50	Jul 31	Aug 7	$0.15	9.8%	9.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 142 found (cheapest 0.25% of stock, avg 3.82%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$85.50	Jul 2	$0.07	$0.14	$0.21	$85.29	$85.71	0.25%
$85.50	Jul 6	$0.19	$0.25	$0.44	$85.06	$85.94	0.52%
$85.00	Jul 2	$0.44	$0.02	$0.46	$84.54	$85.46	0.54%
$86.00	Jul 2	$0.01	$0.56	$0.57	$85.43	$86.57	0.67%
$85.00	Jul 6	$0.51	$0.08	$0.59	$84.41	$85.59	0.69%
$85.50	Jul 8	$0.29	$0.34	$0.63	$84.87	$86.13	0.74%
$86.00	Jul 6	$0.05	$0.61	$0.66	$85.34	$86.66	0.77%
$85.00	Jul 8	$0.60	$0.15	$0.75	$84.25	$85.75	0.88%
$85.50	Jul 10	$0.38	$0.39	$0.77	$84.73	$86.27	0.90%
$86.00	Jul 8	$0.12	$0.67	$0.79	$85.21	$86.79	0.92%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 221 found (cheapest 0.06% of stock, avg 0.68%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$86.50	$84.50	Jul 6	$0.02	$0.03	$0.05	$84.45	$86.55
$86.50	$84.00	Jul 6	$0.02	$0.03	$0.05	$83.95	$86.55
$87.00	$83.50	Jul 8	$0.03	$0.03	$0.06	$83.44	$87.06
$87.00	$84.00	Jul 8	$0.03	$0.04	$0.07	$83.93	$87.07
$86.00	$84.50	Jul 6	$0.05	$0.03	$0.08	$84.42	$86.08
$86.00	$84.00	Jul 6	$0.05	$0.03	$0.08	$83.92	$86.08
$86.50	$83.50	Jul 8	$0.05	$0.03	$0.08	$83.42	$86.58
$85.50	$85.00	Jul 2	$0.07	$0.02	$0.09	$84.91	$85.59
$86.50	$84.00	Jul 8	$0.05	$0.04	$0.09	$83.91	$86.59
$87.00	$84.50	Jul 8	$0.03	$0.06	$0.09	$84.41	$87.09

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 39 found (best R:R 3.55, avg credit $0.35)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
84/85	86/86	Jul 24	$0.39	$0.11	3.55	$84.61	$85.89
84/84	86/86	Aug 7	$0.39	$0.11	3.55	$84.11	$85.89
86/86	87/88	Aug 7	$0.39	$0.11	3.55	$85.61	$87.39
85/86	86/87	Aug 14	$0.39	$0.11	3.55	$85.11	$86.89
85/86	86/86	Jul 24	$0.38	$0.12	3.17	$85.12	$86.38
84/85	86/86	Aug 7	$0.38	$0.12	3.17	$84.62	$86.38
85/86	86/87	Aug 7	$0.37	$0.13	2.85	$85.13	$86.87
84/84	86/86	Aug 7	$0.36	$0.14	2.57	$83.64	$85.86
84/84	86/86	Jul 24	$0.35	$0.15	2.33	$84.15	$85.85
84/85	86/86	Jul 15	$0.34	$0.16	2.13	$84.66	$85.84

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 77 found (best R:R 15.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$88.00	$90.00	$92.00	Aug 14	$0.12	$1.88	15.67
$84.00	$84.50	$85.00	Jul 6	$0.05	$0.45	9.00
$84.50	$85.00	$85.50	Jul 17	$0.05	$0.45	9.00
$85.00	$85.50	$86.00	Jul 24	$0.05	$0.45	9.00
$82.00	$82.50	$83.00	Jul 31	$0.05	$0.45	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$84.00	$84.50	$85.00	Jul 6	$0.05	$0.45	9.00
$84.00	$84.50	$85.00	Jul 10	$0.05	$0.45	9.00
$83.50	$84.00	$84.50	Jul 15	$0.05	$0.45	9.00
$84.50	$85.00	$85.50	Aug 14	$0.05	$0.45	9.00
$86.00	$86.50	$87.00	Jul 10	$0.06	$0.44	7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 143 found (best net $-0.01, 124 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 10	-$0.01	$2.99
$97.00	$100.00	1:2	Jul 24	-$0.01	$2.99
$97.00	$100.00	1:2	Jul 31	-$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	Jul 10	-$0.01	$4.99
$74.00	$70.00	1:2	Jul 24	$0.00	$4.00
$92.00	$89.00	1:2	Jul 31	-$0.59	$2.41
$78.00	$76.00	1:2	Jul 10	-$0.01	$1.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 51 found (best yield 1.24%, avg 0.36%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$85.50	Aug 14	$1.06	0.45	0.1%	1.24%	1.32%	7	--
$85.50	Aug 7	$0.97	0.45	0.1%	1.14%	1.22%	41	299
$85.50	Jul 31	$0.92	0.49	0.1%	1.08%	1.16%	3	1.2K
$85.50	Jul 24	$0.76	0.48	0.1%	0.89%	0.97%	109	649
$86.00	Aug 7	$0.72	0.39	0.7%	0.84%	1.51%	4	365
$86.00	Jul 31	$0.67	0.41	0.7%	0.78%	1.45%	68	3.9K
$86.50	Aug 14	$0.62	0.33	1.2%	0.73%	1.98%	7	--
$85.50	Jul 17	$0.60	0.48	0.1%	0.70%	0.78%	89	1.7K
$85.50	Jul 15	$0.53	0.47	0.1%	0.62%	0.70%	9	4
$86.50	Aug 7	$0.52	0.32	1.2%	0.61%	1.86%	2	4.8K

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 25,595

Total Puts 16,175

Put/Call Ratio 0.63

Net Difference 9,420

Prior's Put/Call Breakdown

Total Calls 44,113

Total Puts 33,404

Put/Call Ratio 0.76

Net Difference 10,709

Prior 7-Day Put/Call Summary

Total Calls 1,044,855

Total Puts 841,991

Average Put/Call Ratio 0.88

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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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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