TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$85.32 -0.23%

(7/6 12:00) ◀

Monday, July 6, 2026 (1:00pm)

▶ (7/6 14:00)

◀ 7/6 13:00 ▶

Option Volume

Detail

ℹ

Current (07/06 1:00pm) 206,625

Calls: 144,136 (70%)

Puts: 62,489 (30%)

Prior (07/02) 210,724

Calls: 156,722 (74%)

Puts: 54,002 (26%)

Current vs Prior -1.95%

Calls: -8.03% (Calls)

Puts: +15.72% (Puts)

Prior 7-Day Total 2,039,476

Calls: 1,302,844 (64%)

Puts: 736,632 (36%)

Prior 7-Day Average 291,353

Calls: 186,120 (64%)

Puts: 105,233 (36%)

Current vs Prior 7-Day Avg -29.08%

Calls: -22.56%

Puts: -40.62%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/06 1:00pm) $27.42M

Calls: $24.04M (88%)

Puts: $3.39M (12%)

Prior (07/02) $21.28M

Calls: $17.56M (83%)

Puts: $3.72M (17%)

Current vs Prior +28.89%

Calls: +36.89%

Puts: -8.90%

Prior 7-Day Total $298.05M

Calls: $180.83M (61%)

Puts: $117.22M (39%)

Prior 7-Day Average $42.58M

Calls: $25.83M (61%)

Puts: $16.75M (39%)

Current vs Prior 7-Day Avg -35.59%

Calls: -6.95%

Puts: -79.77%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/06 1:00pm) 0.43

Prior (07/02) 0.34

Current vs Prior +25.82%

Prior 7-Day Average 0.60

Current vs Prior 7-Day Avg -28.05%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/06 1:00pm) 1,821,950

Calls: 1,029,561 (57%)

Puts: 792,389 (43%)

Prior (07/02) 1,946,136

Calls: 1,105,355 (57%)

Puts: 840,781 (43%)

Current vs Prior -6.38%

Prior 7-Day Total 14,220,451

Calls: 5,936,382 (56%)

Puts: 4,640,169 (44%)

Prior 7-Day Average 2,031,493

Calls: 1,187,276 (56%)

Puts: 928,033 (44%)

Current vs Prior 7-Day Avg -10.31%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (07/06) | Next (07/08)Expiry (07/10) | Next (07/17)Expiry (07/15) | Next (08/21)

Current 0.60% | 0.88%1.10% | 1.58%1.44% | 3.27%

Prior 0.83% | 1.03%-- | ---- | --

Current vs Prior -28.01% | -14.58%-- | ---- | --

Prior 7-Day Avg 0.95% | 1.12%-- | ---- | --

Current vs 7-Day Avg -37.09% | -21.77%-- | ---- | --

Prior 7-Day Eod 0.83% | 1.03%-- | ---- | --

Current vs 7-Day Eod -28.01% | -14.58%-- | ---- | --

Sentiment BULLISH----

Relative Spread

Detail

ℹ

Expiry | Next

Current 10.44% | 3.89%

Calls: 15.62% | 4.65%

Puts: 5.26% | 3.13%

Prior 8.43% | 3.32%

Calls: 4.35% | 2.94%

Puts: 12.50% | 3.70%

Current vs Prior +23.84% | +17.17%

Prior 7-Day Avg 9.80% | 5.41%

Calls: 8.56% | 4.91%

Puts: 11.05% | 5.91%

Current vs 7-Day Avg +6.49% | -28.12%

Liquidity Acceptable

Add Card

🤖 AI Insights

Strong bullish conviction with 88% of dollar volume in calls ($24.04M) vs puts ($3.39M). Extreme bullish P/C ratio of 0.43 - heavy call buying (144,136 calls vs 62,489 puts).

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 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

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 262 of results (avg 2.8%, best 0.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$75.00	Jul 17	10.40	10.45	$10.43	0.5%	--	1.00	32
$77.00	Jul 31	8.55	8.60	$8.57	0.6%	--	0.98	55
$77.00	Jul 17	8.40	8.45	$8.43	0.6%	--	1.00	20
$70.00	Jul 6	15.25	15.35	$15.30	0.7%	138	1.00	--
$78.00	Jul 31	7.55	7.60	$7.57	0.7%	--	0.98	26

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$95.00	Aug 7	9.70	9.75	$9.73	0.5%	--	0.99	10
$86.50	Aug 14	1.68	1.69	$1.69	0.6%	45	0.69	11
$102.00	Jul 6	16.65	16.75	$16.70	0.6%	45	1.00	--
$93.00	Jul 17	7.65	7.70	$7.68	0.7%	--	1.00	139
$100.00	Jul 6	14.65	14.75	$14.70	0.7%	78	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 143 found (avg $0.32, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.50	Jul 13	0.05	0.06	$0.06	16.7%	120	0.12	2.6K
$87.50	Jul 17	0.05	0.06	$0.06	16.7%	118	0.08	11.1K
$88.50	Jul 24	0.05	0.06	$0.06	16.7%	125	0.06	1.4K
$89.50	Jul 31	0.05	0.06	$0.06	16.7%	28	0.05	2.5K
$90.00	Aug 7	0.05	0.06	$0.06	16.7%	7	0.05	366

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Jul 13	0.05	0.06	$0.06	16.7%	43	0.11	1.9K
$83.50	Jul 15	0.05	0.06	$0.06	16.7%	168	0.09	757
$83.00	Jul 17	0.05	0.06	$0.06	16.7%	1.7K	0.07	42.0K
$81.50	Jul 24	0.05	0.06	$0.06	16.7%	51	0.05	1.2K
$82.00	Jul 24	0.05	0.06	$0.06	16.7%	255	0.06	2.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 189 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Jul 6	15.25	15.35	$15.30	0.7%	138	1.00	--
$71.00	Jul 6	14.25	14.40	$14.33	1.0%	127	1.00	--
$72.00	Jul 6	13.25	13.35	$13.30	0.8%	189	1.00	--
$73.00	Jul 6	12.25	12.35	$12.30	0.8%	99	1.00	--
$74.00	Jul 6	11.25	11.35	$11.30	0.9%	129	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.50	Jul 8	1.17	1.21	$1.19	3.4%	88	1.00	648
$87.00	Jul 8	1.67	1.70	$1.69	1.8%	9	1.00	356
$87.50	Jul 8	2.17	2.21	$2.19	1.8%	--	1.00	21
$88.00	Jul 8	2.67	2.71	$2.69	1.5%	3	1.00	2
$87.50	Jul 10	2.17	2.21	$2.19	1.8%	6	1.00	23

Most actively traded options today. High liquidity = easy entry/exit. 374 active (total vol 206.6K, top 13.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Jul 8	3.80	3.90	$3.85	2.6%	13.6K	0.99	--
$81.00	Jul 8	4.30	4.40	$4.35	2.3%	13.2K	0.99	--
$85.50	Jul 10	0.25	0.26	$0.26	3.8%	9.2K	0.42	12.7K
$86.00	Jul 17	0.29	0.30	$0.30	3.3%	8.7K	0.32	74.7K
$85.50	Jul 17	0.49	0.50	$0.50	2.0%	6.6K	0.46	2.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.50	Jul 17	0.56	0.57	$0.56	1.8%	5.4K	0.54	3.3K
$85.50	Jul 10	0.38	0.39	$0.39	2.6%	4.6K	0.58	4.6K
$86.50	Jul 10	1.17	1.21	$1.19	3.4%	3.7K	0.92	4.2K
$85.50	Jul 6	0.18	0.19	$0.19	5.3%	2.3K	0.92	2.4K
$84.50	Jul 31	0.38	0.39	$0.39	2.6%	2.2K	0.32	1.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 69 strikes (avg 567.1%, max 1431.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$93.00	Jul 6	Aug 14	175.6%	13.7%	1177.7%	4	465
$92.00	Jul 6	Aug 14	156.0%	12.9%	1111.1%	99	1.4K
$76.00	Jul 6	Jul 31	230.2%	19.2%	1101.4%	67	28
$75.00	Jul 6	Jul 31	253.9%	21.2%	1098.2%	128	45
$91.00	Jul 6	Aug 14	135.9%	11.8%	1050.7%	151	532

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$70.00	Jul 6	Aug 14	374.5%	24.4%	1431.9%	1	33
$95.00	Jul 6	Aug 7	213.5%	16.0%	1231.6%	64	10
$93.00	Jul 6	Aug 7	175.6%	14.3%	1128.4%	138	49
$91.00	Jul 6	Aug 14	135.9%	11.8%	1050.7%	67	1
$80.50	Jul 6	Aug 14	124.6%	11.4%	994.6%	1	258

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 68 found (best R:R 4.00, avg 1.79)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$87.00	$87.50	Jul 31	$0.10	$0.40	$0.10	4.00	$87.10
$87.00	$87.50	Aug 7	$0.10	$0.40	$0.10	4.00	$87.10
$85.50	$86.00	Jul 8	$0.11	$0.39	$0.11	3.55	$85.61
$86.00	$86.50	Jul 15	$0.11	$0.39	$0.11	3.55	$86.11
$86.00	$87.00	Jul 20	$0.22	$0.78	$0.22	3.55	$86.22

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$85.00	$84.50	Jul 10	$0.11	$0.39	$0.11	3.55	$84.89
$84.00	$83.50	Aug 7	$0.11	$0.39	$0.11	3.55	$83.89
$85.00	$84.00	Jul 20	$0.23	$0.77	$0.23	3.35	$84.77
$85.00	$84.50	Jul 13	$0.12	$0.38	$0.12	3.17	$84.88
$84.50	$84.00	Jul 31	$0.12	$0.38	$0.12	3.17	$84.38

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 89 found (best R:R 15.67, avg 1.49)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$81.00	$83.00	Aug 7	$1.88	$1.88	$0.12	15.67	$82.88
$83.00	$84.00	Aug 7	$0.85	$0.85	$0.15	5.67	$83.85
$84.50	$85.00	Jul 10	$0.40	$0.40	$0.10	4.00	$84.90
$84.50	$85.00	Jul 13	$0.39	$0.39	$0.11	3.55	$84.89
$84.00	$85.00	Jul 20	$0.76	$0.76	$0.24	3.17	$84.76

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$87.50	$87.00	Aug 14	$0.40	$0.40	$0.10	4.00	$87.10
$87.00	$86.50	Jul 31	$0.39	$0.39	$0.11	3.55	$86.61
$86.00	$85.50	Jul 8	$0.38	$0.38	$0.12	3.17	$85.62
$86.50	$86.00	Jul 17	$0.38	$0.38	$0.12	3.17	$86.12
$87.00	$86.50	Aug 7	$0.38	$0.38	$0.12	3.17	$86.62

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 13 found (avg debit $0.11, cheapest $0.05)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Jul 6	Jul 8	$0.05	100.9%	25.4%
$84.50	Jul 6	Jul 8	$0.05	26.4%	9.3%
$79.00	Jul 6	Jul 10	$0.10	159.8%	28.9%
$83.50	Jul 6	Jul 13	$0.10	52.3%	10.3%
$85.00	Jul 6	Jul 8	$0.11	12.1%	8.3%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$90.50	Jul 31	Aug 7	$0.07	12.1%	11.6%
$85.00	Jul 6	Jul 8	$0.09	12.1%	8.3%
$85.50	Jul 6	Jul 8	$0.13	8.3%	8.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 168 found (cheapest 0.23% of stock, avg 3.79%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$85.50	Jul 6	$0.01	$0.19	$0.20	$85.30	$85.70	0.23%
$85.00	Jul 6	$0.32	$0.01	$0.33	$84.67	$85.33	0.39%
$85.50	Jul 8	$0.15	$0.32	$0.47	$85.03	$85.97	0.55%
$85.00	Jul 8	$0.43	$0.10	$0.53	$84.47	$85.53	0.62%
$85.50	Jul 10	$0.26	$0.39	$0.65	$84.85	$86.15	0.76%
$86.00	Jul 6	$0.01	$0.69	$0.70	$85.30	$86.70	0.82%
$85.00	Jul 10	$0.55	$0.18	$0.73	$84.27	$85.73	0.86%
$86.00	Jul 8	$0.04	$0.70	$0.74	$85.26	$86.74	0.87%
$85.50	Jul 13	$0.31	$0.43	$0.74	$84.76	$86.24	0.87%
$85.00	Jul 13	$0.60	$0.22	$0.82	$84.18	$85.82	0.96%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 195 found (cheapest 0.02% of stock, avg 0.68%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$85.50	$85.00	Jul 6	$0.01	$0.01	$0.02	$84.98	$85.52
$86.00	$84.50	Jul 8	$0.04	$0.03	$0.07	$84.43	$86.07
$86.50	$83.50	Jul 10	$0.04	$0.03	$0.07	$83.43	$86.57
$87.00	$83.50	Jul 13	$0.03	$0.04	$0.07	$83.43	$87.07
$86.50	$84.00	Jul 10	$0.04	$0.04	$0.08	$83.92	$86.58
$87.00	$84.00	Jul 13	$0.03	$0.06	$0.09	$83.91	$87.09
$87.50	$83.00	Jul 15	$0.04	$0.05	$0.09	$82.91	$87.59
$86.50	$83.50	Jul 13	$0.06	$0.04	$0.10	$83.40	$86.60
$87.50	$83.50	Jul 15	$0.04	$0.06	$0.10	$83.40	$87.60
$88.00	$82.00	Jul 20	$0.05	$0.05	$0.10	$81.90	$88.10

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 35 found (best R:R 3.55, avg credit $0.32)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
84/84	85/86	Aug 7	$0.39	$0.11	3.55	$83.61	$85.39
86/86	87/88	Aug 7	$0.39	$0.11	3.55	$85.61	$87.39
84/84	86/86	Aug 14	$0.39	$0.11	3.55	$84.11	$85.89
86/86	87/88	Aug 14	$0.39	$0.11	3.55	$85.61	$87.39
84/84	86/86	Aug 7	$0.38	$0.12	3.17	$84.12	$85.88
84/85	86/86	Aug 7	$0.38	$0.12	3.17	$84.62	$86.38
84/85	86/86	Aug 14	$0.38	$0.12	3.17	$84.62	$86.38
85/86	86/87	Aug 14	$0.38	$0.12	3.17	$85.12	$86.88
85/86	86/87	Aug 7	$0.37	$0.13	2.85	$85.13	$86.87
84/84	86/86	Aug 7	$0.35	$0.15	2.33	$83.65	$85.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 77 found (best R:R 11.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$82.00	$83.00	$84.00	Jul 17	$0.08	$0.92	11.50
$84.00	$84.50	$85.00	Jul 10	$0.05	$0.45	9.00
$86.00	$86.50	$87.00	Jul 13	$0.05	$0.45	9.00
$84.00	$84.50	$85.00	Jul 17	$0.05	$0.45	9.00
$86.50	$87.00	$87.50	Jul 17	$0.05	$0.45	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$84.50	$85.00	$85.50	Aug 14	$0.05	$0.45	9.00
$90.50	$91.00	$91.50	Aug 14	$0.05	$0.45	9.00
$84.00	$84.50	$85.00	Jul 8	$0.06	$0.44	7.33
$84.00	$84.50	$85.00	Jul 15	$0.06	$0.44	7.33
$86.00	$86.50	$87.00	Jul 15	$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. 127 found (best net $-0.01, 113 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$97.00	$100.00	1:2	Aug 7	$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
$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
$75.00	$70.00	1:2	Aug 14	-$0.01	$4.99
$74.00	$70.00	1:2	Jul 24	-$0.01	$3.99
$79.00	$76.00	1:2	Aug 7	$0.00	$3.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 48 found (best yield 1.13%, avg 0.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$85.50	Aug 14	$0.96	0.45	0.2%	1.13%	1.34%	62	7
$85.50	Aug 7	$0.87	0.45	0.2%	1.02%	1.23%	65	308
$85.50	Jul 31	$0.82	0.47	0.2%	0.96%	1.17%	5.0K	1.2K
$86.00	Aug 14	$0.73	0.38	0.8%	0.86%	1.65%	92	98
$85.50	Jul 24	$0.65	0.47	0.2%	0.76%	0.97%	650	797
$86.00	Aug 7	$0.63	0.37	0.8%	0.74%	1.54%	3.8K	527
$86.00	Jul 31	$0.58	0.39	0.8%	0.68%	1.48%	885	4.3K
$86.50	Aug 14	$0.54	0.31	1.4%	0.63%	2.02%	123	41
$85.50	Jul 17	$0.49	0.46	0.2%	0.57%	0.79%	6.6K	2.8K
$86.50	Aug 7	$0.45	0.30	1.4%	0.53%	1.91%	380	4.2K

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 144,136

Total Puts 62,489

Put/Call Ratio 0.43

Net Difference 81,647

Prior's Put/Call Breakdown

Total Calls 156,722

Total Puts 54,002

Put/Call Ratio 0.34

Net Difference 102,720

Prior 7-Day Put/Call Summary

Total Calls 1,302,844

Total Puts 736,632

Average Put/Call Ratio 0.60

Ratio Trend Rising

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