TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$83.86 -0.46%

(7/16 10:00) ◀

Thursday, July 16, 2026 (11:00am)

▶ (7/16 12:00)

◀ 7/16 11:00 ▶

Option Volume

Detail

ℹ

Current (07/16 11:00am) 96,717

Calls: 61,444 (64%)

Puts: 35,273 (36%)

Prior (07/15) 74,927

Calls: 54,305 (72%)

Puts: 20,622 (28%)

Current vs Prior +29.08%

Calls: +13.15% (Calls)

Puts: +71.05% (Puts)

Prior 7-Day Total 2,924,167

Calls: 1,829,747 (63%)

Puts: 1,094,420 (37%)

Prior 7-Day Average 417,738

Calls: 261,392 (63%)

Puts: 156,345 (37%)

Current vs Prior 7-Day Avg -76.85%

Calls: -76.49%

Puts: -77.44%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/16 11:00am) $8.75M

Calls: $6.53M (75%)

Puts: $2.23M (25%)

Prior (07/15) $4.63M

Calls: $3.36M (73%)

Puts: $1.27M (27%)

Current vs Prior +89.09%

Calls: +94.17%

Puts: +75.62%

Prior 7-Day Total $395.24M

Calls: $332.20M (84%)

Puts: $63.04M (16%)

Prior 7-Day Average $56.46M

Calls: $47.46M (84%)

Puts: $9.01M (16%)

Current vs Prior 7-Day Avg -84.50%

Calls: -86.24%

Puts: -75.29%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/16 11:00am) 0.57

Prior (07/15) 0.38

Current vs Prior +51.17%

Prior 7-Day Average 0.59

Current vs Prior 7-Day Avg -2.08%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/16 11:00am) 2,518,141

Calls: 1,511,608 (60%)

Puts: 1,006,533 (40%)

Prior (07/15) 2,609,044

Calls: 1,526,222 (58%)

Puts: 1,082,822 (42%)

Current vs Prior -3.48%

Prior 7-Day Total 17,612,363

Calls: 9,812,372 (56%)

Puts: 7,799,991 (44%)

Prior 7-Day Average 2,516,051

Calls: 1,401,767 (56%)

Puts: 1,114,284 (44%)

Current vs Prior 7-Day Avg +0.08%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (07/17) | Next (07/20)Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)

Current 0.83% | 1.01%0.83% | 1.41%0.83% | 2.97%

Prior 0.94% | 1.08%0.94% | 1.42%0.59% | 2.97%

Current vs Prior -10.99% | -6.17%-10.99% | -1.22%+40.64% | +0.05%

Prior 7-Day Avg 0.94% | 1.17%1.05% | 1.59%1.16% | 3.25%

Current vs 7-Day Avg -10.96% | -13.31%-20.82% | -11.24%-27.92% | -8.78%

Prior 7-Day Eod 0.94% | 1.08%0.93% | 1.42%0.58% | 2.94%

Current vs 7-Day Eod -10.99% | -6.17%-9.85% | -1.22%+43.49% | +0.86%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.33% | 3.44%

Calls: 6.67% | 3.85%

Puts: 4.00% | 3.03%

Prior 2.53% | 3.31%

Calls: 2.56% | 2.17%

Puts: 2.50% | 4.44%

Current vs Prior +110.67% | +3.93%

Prior 7-Day Avg 5.35% | 2.98%

Calls: 5.15% | 2.35%

Puts: 5.55% | 3.61%

Current vs 7-Day Avg -0.32% | +15.33%

Liquidity Acceptable

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🤖 AI Insights

Moderately bullish flow with 75% call dollar volume ($6.53M). Elevated premium activity with dollar volume up 89% vs prior. Bullish P/C ratio of 0.57. P/C ratio rising 51% - increased hedging/bearish positioning.

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
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 275 of results (avg 3.0%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 28	1.60	1.61	$1.61	0.6%	43	0.63	85
$83.00	Aug 21	1.46	1.47	$1.47	0.7%	185	0.65	7.0K
$71.00	Jul 17	12.85	12.95	$12.90	0.8%	1	1.00	1
$83.50	Aug 14	1.05	1.06	$1.06	0.9%	156	0.54	257
$82.50	Aug 28	1.94	1.96	$1.95	1.0%	6	0.71	33

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.50	Aug 28	2.06	2.08	$2.07	1.0%	--	0.74	314
$84.00	Aug 21	1.02	1.03	$1.02	1.0%	8.2K	0.56	38.0K
$84.50	Jul 31	0.88	0.89	$0.89	1.1%	35	0.65	3.5K
$84.50	Jul 29	0.84	0.85	$0.85	1.2%	7	0.67	43
$86.00	Aug 28	2.45	2.48	$2.47	1.2%	3	0.80	303

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 136 found (avg $0.33, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Jul 22	0.05	0.06	$0.06	16.7%	31	0.12	7.3K
$85.50	Jul 24	0.05	0.06	$0.06	16.7%	281	0.10	4.8K
$86.00	Jul 29	0.05	0.06	$0.06	16.7%	15	0.08	1.0K
$86.50	Jul 31	0.05	0.06	$0.06	16.7%	46	0.07	1.8K
$87.00	Aug 7	0.05	0.06	$0.06	16.7%	18	0.06	1.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Jul 17	0.05	0.06	$0.06	16.7%	379	0.21	13.4K
$81.00	Jul 31	0.05	0.06	$0.06	16.7%	22	0.07	3.3K
$79.00	Aug 14	0.05	0.06	$0.06	16.7%	9	0.05	1.1K
$82.00	Jul 27	0.06	0.07	$0.07	14.3%	1.4K	0.10	1.2K
$81.50	Jul 29	0.06	0.07	$0.07	14.3%	48	0.08	102

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 198 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Jul 20	4.85	4.95	$4.90	2.0%	--	1.00	39
$81.50	Jul 20	2.36	2.44	$2.40	3.3%	9.3K	1.00	39
$77.00	Jul 22	6.85	7.00	$6.93	2.2%	--	1.00	32
$78.00	Jul 22	5.90	6.00	$5.95	1.7%	--	1.00	14
$81.00	Jul 22	2.90	2.96	$2.93	2.0%	--	1.00	14

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.50	Jul 17	1.61	1.66	$1.64	3.0%	1.0K	1.00	7.2K
$86.00	Jul 17	2.11	2.15	$2.13	1.9%	25	1.00	17.1K
$86.50	Jul 17	2.61	2.66	$2.64	1.9%	--	1.00	189
$87.00	Jul 17	3.05	3.20	$3.13	4.8%	7	1.00	1.6K
$89.50	Jul 17	5.55	5.70	$5.63	2.7%	1	1.00	1

Most actively traded options today. High liquidity = easy entry/exit. 302 active (total vol 96.6K, top 9.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Jul 20	2.36	2.44	$2.40	3.3%	9.3K	1.00	39
$82.00	Jul 20	1.89	1.94	$1.92	2.6%	9.3K	0.95	5
$86.00	Aug 21	0.20	0.21	$0.21	4.8%	5.9K	0.17	36.4K
$85.00	Aug 21	0.45	0.46	$0.46	2.2%	3.8K	0.29	30.1K
$85.50	Jul 17	0.00	0.01	$0.01	100.0%	3.7K	0.02	24.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Aug 21	1.02	1.03	$1.02	1.0%	8.2K	0.56	38.0K
$82.00	Aug 21	0.31	0.32	$0.32	3.1%	3.7K	0.24	31.8K
$81.00	Jul 29	0.04	0.05	$0.05	20.0%	2.1K	0.06	928
$80.00	Aug 21	0.10	0.11	$0.11	9.1%	1.7K	0.08	10.6K
$84.00	Jul 31	0.60	0.61	$0.61	1.6%	1.6K	0.53	19.2K

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 219.3%, max 507.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$100.00	Jul 17	Aug 28	110.1%	18.9%	483.7%	--	10.2K
$71.00	Jul 17	Aug 21	106.8%	19.2%	457.2%	132	35
$70.00	Jul 17	Aug 21	115.1%	20.7%	456.2%	177	84
$99.00	Jul 17	Aug 21	104.5%	19.6%	433.7%	--	1.4K
$98.00	Jul 17	Aug 21	98.7%	18.5%	432.9%	--	7.1K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$70.00	Jul 17	Aug 28	115.1%	18.9%	507.5%	131	5.5K
$72.00	Jul 17	Aug 21	98.7%	17.7%	458.4%	--	1.1K
$71.00	Jul 17	Aug 21	106.8%	19.2%	457.2%	--	170
$75.00	Jul 17	Aug 28	74.6%	14.8%	403.4%	--	50.8K
$73.00	Jul 17	Aug 21	90.6%	18.3%	394.5%	--	1.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 75 found (best R:R 8.09, avg 1.86)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$86.00	$87.00	Aug 21	$0.11	$0.89	$0.11	8.09	$86.11
$85.00	$85.50	Jul 31	$0.10	$0.40	$0.10	4.00	$85.10
$84.50	$85.00	Jul 24	$0.11	$0.39	$0.11	3.55	$84.61
$85.00	$85.50	Aug 7	$0.11	$0.39	$0.11	3.55	$85.11
$84.50	$85.00	Jul 27	$0.12	$0.38	$0.12	3.17	$84.62

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$82.00	$81.00	Aug 21	$0.14	$0.86	$0.14	6.14	$81.86
$83.50	$83.00	Jul 22	$0.10	$0.40	$0.10	4.00	$83.40
$82.50	$82.00	Aug 7	$0.10	$0.40	$0.10	4.00	$82.40
$82.00	$81.50	Aug 28	$0.10	$0.40	$0.10	4.00	$81.90
$82.50	$82.00	Aug 14	$0.11	$0.39	$0.11	3.55	$82.39

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 100 found (best R:R 11.00, avg 1.53)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$80.50	$83.50	Jul 27	$2.75	$2.75	$0.25	11.00	$83.25
$80.50	$82.00	Aug 28	$1.32	$1.32	$0.18	7.33	$81.82
$81.00	$82.00	Aug 21	$0.87	$0.87	$0.13	6.69	$81.87
$82.50	$83.00	Aug 7	$0.40	$0.40	$0.10	4.00	$82.90
$82.50	$83.50	Jul 29	$0.79	$0.79	$0.21	3.76	$83.29

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$84.50	$84.00	Jul 17	$0.39	$0.39	$0.11	3.55	$84.11
$85.00	$84.50	Jul 24	$0.39	$0.39	$0.11	3.55	$84.61
$85.50	$85.00	Aug 7	$0.39	$0.39	$0.11	3.55	$85.11
$86.00	$85.00	Aug 21	$0.78	$0.78	$0.22	3.55	$85.22
$85.00	$84.50	Jul 27	$0.38	$0.38	$0.12	3.17	$84.62

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $0.11, cheapest $0.07)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$80.00	Jul 17	Jul 24	$0.07	34.8%	13.4%
$83.50	Jul 17	Jul 20	$0.07	9.7%	7.5%
$75.00	Jul 17	Jul 24	$0.08	74.6%	28.7%
$84.00	Jul 17	Jul 20	$0.09	9.7%	7.7%
$71.00	Jul 17	Aug 21	$0.10	106.8%	19.2%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.50	Jul 17	Jul 20	$0.07	9.7%	7.5%
$84.00	Jul 17	Jul 20	$0.08	9.7%	7.7%
$93.00	Jul 17	Aug 7	$0.14	68.5%	16.5%
$94.00	Jul 17	Aug 21	$0.17	74.8%	16.0%
$89.50	Jul 17	Aug 7	$0.20	45.4%	12.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 192 found (cheapest 0.45% of stock, avg 4.71%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$84.00	Jul 17	$0.13	$0.25	$0.38	$83.62	$84.38	0.45%
$83.50	Jul 17	$0.45	$0.06	$0.51	$82.99	$84.01	0.61%
$84.00	Jul 20	$0.22	$0.33	$0.55	$83.45	$84.55	0.66%
$83.50	Jul 20	$0.52	$0.13	$0.65	$82.85	$84.15	0.78%
$84.50	Jul 17	$0.04	$0.64	$0.68	$83.82	$85.18	0.81%
$84.00	Jul 22	$0.31	$0.41	$0.72	$83.28	$84.72	0.86%
$84.50	Jul 20	$0.07	$0.68	$0.75	$83.75	$85.25	0.89%
$83.50	Jul 22	$0.61	$0.20	$0.81	$82.69	$84.31	0.97%
$84.50	Jul 22	$0.14	$0.73	$0.87	$83.63	$85.37	1.04%
$84.00	Jul 24	$0.41	$0.47	$0.88	$83.12	$84.88	1.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 231 found (cheapest 0.05% of stock, avg 0.65%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$85.00	$83.00	Jul 17	$0.02	$0.02	$0.04	$82.96	$85.04
$84.50	$83.00	Jul 17	$0.04	$0.02	$0.06	$82.94	$84.56
$85.00	$82.50	Jul 20	$0.03	$0.03	$0.06	$82.44	$85.06
$85.50	$82.00	Jul 22	$0.03	$0.03	$0.06	$81.94	$85.56
$85.00	$83.50	Jul 17	$0.02	$0.06	$0.08	$83.42	$85.08
$85.00	$83.00	Jul 20	$0.03	$0.05	$0.08	$82.92	$85.08
$85.50	$82.50	Jul 22	$0.03	$0.05	$0.08	$82.42	$85.58
$86.00	$81.50	Jul 24	$0.04	$0.04	$0.08	$81.42	$86.08
$85.00	$82.00	Jul 22	$0.06	$0.03	$0.09	$81.91	$85.09
$86.00	$82.00	Jul 24	$0.04	$0.05	$0.09	$81.91	$86.09

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 25 found (best R:R 4.00, avg credit $0.32)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
82/83	84/84	Aug 28	$0.40	$0.10	4.00	$82.60	$84.40
84/84	86/86	Aug 28	$0.39	$0.11	3.55	$84.11	$85.89
83/84	84/85	Aug 28	$0.38	$0.12	3.17	$83.12	$84.88
82/82	84/84	Aug 28	$0.37	$0.13	2.85	$81.63	$83.87
82/82	84/84	Aug 28	$0.37	$0.13	2.85	$82.13	$84.37
84/84	86/86	Aug 28	$0.36	$0.14	2.57	$83.64	$85.86
83/84	84/84	Jul 29	$0.35	$0.15	2.33	$83.15	$84.35
84/84	84/85	Jul 29	$0.35	$0.15	2.33	$83.65	$84.85
82/83	84/85	Aug 28	$0.35	$0.15	2.33	$82.65	$84.85
83/84	85/86	Aug 28	$0.35	$0.15	2.33	$83.15	$85.35

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 92 found (best R:R 19.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$79.00	$80.00	$81.00	Jul 31	$0.05	$0.95	19.00
$86.00	$87.00	$88.00	Aug 21	$0.07	$0.93	13.29
$84.50	$85.00	$85.50	Jul 22	$0.05	$0.45	9.00
$85.00	$85.50	$86.00	Aug 14	$0.05	$0.45	9.00
$80.00	$81.00	$82.00	Aug 21	$0.11	$0.89	8.09

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$80.00	$81.00	$82.00	Aug 21	$0.07	$0.93	13.29
$87.00	$88.00	$89.00	Aug 21	$0.08	$0.92	11.50
$83.00	$83.50	$84.00	Jul 31	$0.05	$0.45	9.00
$83.00	$83.50	$84.00	Aug 7	$0.05	$0.45	9.00
$85.00	$85.50	$86.00	Aug 7	$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. 127 found (best net $--, 115 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$96.00	$100.00	1:2	Aug 28	$0.00	$4.00
$96.00	$100.00	1:2	Aug 14	-$0.01	$3.99
$97.00	$100.00	1:2	Jul 24	-$0.01	$2.99
$97.00	$100.00	1:2	Jul 31	-$0.01	$2.99
$97.00	$100.00	1:2	Aug 7	-$0.01	$2.99

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$70.00	1:2	Aug 14	$0.00	$5.00
$75.00	$70.00	1:2	Jul 31	-$0.01	$4.99
$75.00	$70.00	1:2	Aug 7	-$0.01	$4.99
$74.00	$70.00	1:2	Jul 24	-$0.01	$3.99
$76.00	$74.00	1:2	Jul 24	-$0.01	$1.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 48 found (best yield 1.20%, avg 0.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$84.00	Aug 28	$1.01	0.46	0.2%	1.20%	1.37%	65	468
$84.00	Aug 21	$0.86	0.45	0.2%	1.03%	1.19%	2.5K	12.8K
$84.50	Aug 28	$0.77	0.39	0.8%	0.92%	1.68%	1	2.5K
$84.00	Aug 14	$0.76	0.44	0.2%	0.91%	1.07%	33	668
$84.00	Aug 7	$0.66	0.44	0.2%	0.79%	0.95%	39	605
$84.00	Jul 31	$0.61	0.47	0.2%	0.73%	0.89%	405	5.7K
$85.00	Aug 28	$0.58	0.32	1.4%	0.69%	2.05%	50	373
$84.50	Aug 14	$0.53	0.36	0.8%	0.63%	1.40%	74	837
$84.00	Jul 29	$0.52	0.47	0.2%	0.62%	0.79%	1	365
$85.00	Aug 21	$0.45	0.29	1.4%	0.54%	1.90%	3.8K	30.1K

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 61,444

Total Puts 35,273

Put/Call Ratio 0.57

Net Difference 26,171

Prior's Put/Call Breakdown

Total Calls 54,305

Total Puts 20,622

Put/Call Ratio 0.38

Net Difference 33,683

Prior 7-Day Put/Call Summary

Total Calls 1,829,747

Total Puts 1,094,420

Average Put/Call Ratio 0.59

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

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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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