TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$84.70 +0.58%

(7/17 10:00) ◀

Friday, July 17, 2026 (11:00am)

▶ (7/17 12:00)

◀ 7/17 11:00 ▶

Option Volume

Detail

ℹ

Current (07/17 11:00am) 145,984

Calls: 106,206 (73%)

Puts: 39,778 (27%)

Prior (07/16) 96,717

Calls: 61,444 (64%)

Puts: 35,273 (36%)

Current vs Prior +50.94%

Calls: +72.85% (Calls)

Puts: +12.77% (Puts)

Prior 7-Day Total 3,033,862

Calls: 1,896,579 (63%)

Puts: 1,137,283 (37%)

Prior 7-Day Average 433,408

Calls: 270,939 (63%)

Puts: 162,469 (37%)

Current vs Prior 7-Day Avg -66.32%

Calls: -60.80%

Puts: -75.52%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/17 11:00am) $12.47M

Calls: $11.31M (91%)

Puts: $1.16M (9%)

Prior (07/16) $8.75M

Calls: $6.53M (75%)

Puts: $2.23M (25%)

Current vs Prior +42.45%

Calls: +73.22%

Puts: -47.83%

Prior 7-Day Total $402.28M

Calls: $332.56M (83%)

Puts: $69.72M (17%)

Prior 7-Day Average $57.47M

Calls: $47.51M (83%)

Puts: $9.96M (17%)

Current vs Prior 7-Day Avg -78.30%

Calls: -76.19%

Puts: -88.34%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/17 11:00am) 0.37

Prior (07/16) 0.57

Current vs Prior -34.76%

Prior 7-Day Average 0.59

Current vs Prior 7-Day Avg -36.75%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/17 11:00am) 2,615,715

Calls: 1,602,016 (61%)

Puts: 1,013,699 (39%)

Prior (07/16) 2,518,141

Calls: 1,511,608 (60%)

Puts: 1,006,533 (40%)

Current vs Prior +3.87%

Prior 7-Day Total 18,308,554

Calls: 10,294,419 (56%)

Puts: 8,014,135 (44%)

Prior 7-Day Average 2,615,507

Calls: 1,470,631 (56%)

Puts: 1,144,876 (44%)

Current vs Prior 7-Day Avg +0.01%

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 0.65% | 0.84%0.65% | 1.24%0.65% | 2.93%

Prior 0.75% | 0.91%0.75% | 1.26%0.75% | 2.92%

Current vs Prior -13.20% | -8.33%-13.19% | -1.52%-13.19% | +0.23%

Prior 7-Day Avg 0.92% | 1.14%1.00% | 1.54%1.06% | 3.21%

Current vs 7-Day Avg -29.21% | -26.64%-35.31% | -19.47%-38.79% | -8.81%

Prior 7-Day Eod 0.75% | 0.91%0.74% | 1.25%0.74% | 2.90%

Current vs 7-Day Eod -13.20% | -8.33%-11.80% | -0.58%-11.80% | +1.05%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 14.95% | 4.14%

Calls: 17.39% | 3.03%

Puts: 12.50% | 5.26%

Prior 9.53% | 2.60%

Calls: 9.38% | 2.50%

Puts: 9.68% | 2.70%

Current vs Prior +56.87% | +59.23%

Prior 7-Day Avg 5.99% | 2.89%

Calls: 5.69% | 2.26%

Puts: 6.28% | 3.52%

Current vs 7-Day Avg +149.70% | +43.11%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 91% of dollar volume in calls ($11.31M) vs puts ($1.16M). Above-average activity with volume up 51% vs prior. Extreme bullish P/C ratio of 0.37 - heavy call buying (106,206 calls vs 39,778 puts). P/C ratio dropping 35% - sentiment shifting bullish.

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 288 of results (avg 3.0%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Jul 31	14.75	14.85	$14.80	0.7%	--	1.00	23
$84.00	Aug 28	1.47	1.48	$1.48	0.7%	198	0.60	482
$70.00	Jul 17	14.65	14.75	$14.70	0.7%	16	1.00	3
$71.00	Jul 17	13.65	13.75	$13.70	0.7%	16	1.00	2
$72.00	Jul 17	12.65	12.75	$12.70	0.8%	42	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$100.00	Jul 17	15.25	15.35	$15.30	0.7%	55	1.00	--
$99.00	Jul 17	14.25	14.35	$14.30	0.7%	55	1.00	--
$85.50	Aug 7	1.29	1.30	$1.30	0.8%	17	0.70	1.8K
$94.00	Jul 17	9.25	9.35	$9.30	1.1%	--	1.00	43
$86.00	Aug 21	1.79	1.81	$1.80	1.1%	73	0.72	21.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 136 found (avg $0.32, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$88.00	Aug 7	0.05	0.06	$0.06	16.7%	28	0.06	9.6K
$89.00	Aug 14	0.05	0.06	$0.06	16.7%	2	0.05	2.1K
$90.00	Aug 21	0.05	0.06	$0.06	16.7%	57	0.04	23.9K
$91.00	Aug 28	0.05	0.06	$0.06	16.7%	1	0.04	554
$85.50	Jul 22	0.06	0.07	$0.07	14.3%	29	0.16	740

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Jul 27	0.05	0.06	$0.06	16.7%	--	0.09	1.0K
$82.50	Jul 29	0.05	0.06	$0.06	16.7%	--	0.08	25
$82.00	Jul 31	0.05	0.06	$0.06	16.7%	47	0.07	2.2K
$80.00	Aug 14	0.05	0.06	$0.06	16.7%	11	0.05	1.5K
$78.50	Aug 28	0.05	0.06	$0.06	16.7%	1	0.04	527

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 217 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Jul 20	5.65	5.75	$5.70	1.8%	--	1.00	39
$81.50	Jul 20	3.15	3.25	$3.20	3.1%	--	1.00	39
$82.00	Jul 20	2.68	2.74	$2.71	2.2%	--	1.00	55
$82.50	Jul 20	2.19	2.24	$2.22	2.3%	--	1.00	30
$83.00	Jul 20	1.68	1.74	$1.71	3.5%	16	1.00	79

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.00	Jul 17	1.27	1.34	$1.31	5.3%	22	1.00	12.3K
$86.50	Jul 17	1.77	1.84	$1.81	3.9%	15	1.00	190
$87.00	Jul 17	2.27	2.33	$2.30	2.6%	11	1.00	1.6K
$87.50	Jul 17	2.77	2.84	$2.81	2.5%	10	1.00	1
$88.00	Jul 17	3.25	3.35	$3.30	3.0%	5	1.00	5

Most actively traded options today. High liquidity = easy entry/exit. 313 active (total vol 146.0K, top 12.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$87.00	Aug 21	0.23	0.24	$0.24	4.2%	12.3K	0.17	30.1K
$86.00	Aug 21	0.43	0.44	$0.44	2.3%	8.5K	0.28	73.8K
$80.00	Jul 29	4.75	4.85	$4.80	2.1%	8.2K	1.00	1.0K
$80.50	Jul 29	4.25	4.35	$4.30	2.3%	8.2K	1.00	1.0K
$86.00	Jul 17	0.00	0.01	$0.01	100.0%	5.9K	0.02	76.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.50	Jul 17	0.02	0.03	$0.03	33.3%	8.2K	0.19	11.7K
$84.50	Jul 20	0.12	0.13	$0.13	7.7%	5.2K	0.36	697
$84.00	Jul 20	0.02	0.03	$0.03	33.3%	5.1K	0.10	8.8K
$84.00	Jul 17	0.00	0.01	$0.01	100.0%	2.3K	0.03	39.0K
$83.00	Aug 21	0.35	0.36	$0.36	2.8%	1.8K	0.26	56.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 77 strikes (avg 651.7%, max 1316.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$71.00	Jul 17	Aug 21	265.6%	20.5%	1196.6%	30	42
$70.00	Jul 17	Aug 21	284.9%	22.0%	1194.7%	366	105
$100.00	Jul 17	Aug 28	247.1%	20.5%	1106.9%	--	10.2K
$75.00	Jul 17	Aug 21	189.7%	16.5%	1052.6%	40	103
$76.00	Jul 17	Aug 21	171.0%	14.9%	1049.6%	82	147

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$70.00	Jul 17	Aug 28	284.9%	20.1%	1316.5%	1	5.7K
$73.00	Jul 17	Aug 21	227.4%	17.5%	1201.5%	150	1.3K
$72.00	Jul 17	Aug 21	246.4%	19.0%	1198.9%	--	1.1K
$71.00	Jul 17	Aug 21	265.6%	20.5%	1196.6%	--	170
$75.00	Jul 17	Aug 28	189.7%	15.1%	1160.5%	--	50.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 67 found (best R:R 8.09, avg 1.93)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$87.00	$88.00	Aug 21	$0.11	$0.89	$0.11	8.09	$87.11
$85.50	$86.00	Jul 29	$0.10	$0.40	$0.10	4.00	$85.60
$86.00	$86.50	Aug 14	$0.10	$0.40	$0.10	4.00	$86.10
$86.00	$87.00	Aug 21	$0.20	$0.80	$0.20	4.00	$86.20
$85.00	$85.50	Jul 22	$0.11	$0.39	$0.11	3.55	$85.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$83.00	$82.00	Aug 21	$0.16	$0.84	$0.16	5.25	$82.84
$84.50	$84.00	Jul 20	$0.10	$0.40	$0.10	4.00	$84.40
$84.00	$83.50	Jul 31	$0.10	$0.40	$0.10	4.00	$83.90
$83.50	$83.00	Aug 7	$0.11	$0.39	$0.11	3.55	$83.39
$83.00	$82.50	Aug 28	$0.11	$0.39	$0.11	3.55	$82.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 89 found (best R:R 7.33, avg 1.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$81.00	$82.00	Aug 28	$0.88	$0.88	$0.12	7.33	$81.88
$82.00	$83.00	Aug 21	$0.87	$0.87	$0.13	6.69	$82.87
$83.50	$84.00	Jul 31	$0.40	$0.40	$0.10	4.00	$83.90
$84.00	$84.50	Jul 22	$0.38	$0.38	$0.12	3.17	$84.38
$83.50	$84.00	Aug 7	$0.38	$0.38	$0.12	3.17	$83.88

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$86.00	$85.00	Jul 22	$0.86	$0.86	$0.14	6.14	$85.14
$87.00	$86.00	Aug 21	$0.82	$0.82	$0.18	4.56	$86.18
$86.00	$85.50	Jul 31	$0.39	$0.39	$0.11	3.55	$85.61
$86.00	$85.50	Aug 7	$0.38	$0.38	$0.12	3.17	$85.62
$86.50	$86.00	Aug 28	$0.38	$0.38	$0.12	3.17	$86.12

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
$75.00	Jul 17	Jul 24	$0.05	189.7%	32.9%
$85.00	Jul 17	Jul 20	$0.07	12.2%	6.6%
$70.00	Jul 17	Jul 31	$0.10	284.9%	35.3%
$84.50	Jul 17	Jul 20	$0.10	11.3%	6.3%
$76.00	Jul 17	Jul 31	$0.12	171.0%	21.2%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$85.00	Jul 17	Jul 20	$0.06	12.2%	6.6%
$84.50	Jul 17	Jul 20	$0.10	11.3%	6.3%
$91.00	Jul 17	Aug 7	$0.18	117.3%	15.2%
$91.50	Jul 17	Aug 7	$0.18	125.1%	15.0%
$92.00	Jul 17	Aug 21	$0.18	132.9%	14.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 209 found (cheapest 0.31% of stock, avg 5.06%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$84.50	Jul 17	$0.23	$0.03	$0.26	$84.24	$84.76	0.31%
$85.00	Jul 17	$0.02	$0.32	$0.34	$84.66	$85.34	0.40%
$84.50	Jul 20	$0.33	$0.13	$0.46	$84.04	$84.96	0.54%
$85.00	Jul 20	$0.09	$0.38	$0.47	$84.53	$85.47	0.55%
$84.50	Jul 22	$0.43	$0.21	$0.64	$83.86	$85.14	0.76%
$85.00	Jul 22	$0.18	$0.46	$0.64	$84.36	$85.64	0.76%
$84.00	Jul 17	$0.70	$0.01	$0.71	$83.29	$84.71	0.84%
$84.00	Jul 20	$0.74	$0.03	$0.77	$83.23	$84.77	0.91%
$85.00	Jul 24	$0.27	$0.52	$0.79	$84.21	$85.79	0.93%
$84.50	Jul 24	$0.53	$0.28	$0.81	$83.69	$85.31	0.96%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 200 found (cheapest 0.06% of stock, avg 0.62%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$85.00	$84.50	Jul 17	$0.02	$0.03	$0.05	$84.45	$85.05
$85.50	$84.00	Jul 20	$0.03	$0.03	$0.06	$83.94	$85.56
$86.00	$83.50	Jul 22	$0.03	$0.04	$0.07	$83.43	$86.07
$86.50	$83.00	Jul 24	$0.04	$0.04	$0.08	$82.92	$86.58
$86.50	$82.50	Jul 27	$0.05	$0.04	$0.09	$82.41	$86.59
$85.50	$83.50	Jul 22	$0.07	$0.04	$0.11	$83.39	$85.61
$86.00	$83.00	Jul 24	$0.07	$0.04	$0.11	$82.89	$86.11
$86.50	$83.50	Jul 24	$0.04	$0.07	$0.11	$83.39	$86.61
$86.50	$83.00	Jul 27	$0.05	$0.06	$0.11	$82.89	$86.61
$87.00	$82.50	Jul 29	$0.05	$0.06	$0.11	$82.39	$87.11

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 7 found (best R:R 3.55, avg credit $0.35)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
83/84	84/85	Aug 28	$0.39	$0.11	3.55	$83.11	$84.89
84/84	85/86	Aug 28	$0.38	$0.12	3.17	$83.62	$85.38
82/83	84/85	Aug 28	$0.36	$0.14	2.57	$82.64	$84.86
83/84	85/86	Aug 28	$0.35	$0.15	2.33	$83.15	$85.35
84/84	85/86	Jul 29	$0.32	$0.18	1.78	$84.18	$85.32
82/83	85/86	Aug 28	$0.32	$0.18	1.78	$82.68	$85.32
84/84	85/86	Jul 27	$0.30	$0.20	1.50	$84.20	$85.30

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 82 found (best R:R 19.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$87.00	$88.00	$89.00	Aug 21	$0.06	$0.94	15.67
$81.00	$82.00	$83.00	Aug 21	$0.08	$0.92	11.50
$86.00	$87.00	$88.00	Aug 21	$0.09	$0.91	10.11
$85.00	$85.50	$86.00	Jul 20	$0.05	$0.45	9.00
$85.50	$86.00	$86.50	Jul 27	$0.05	$0.45	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$88.00	$89.00	$90.00	Aug 21	$0.05	$0.95	19.00
$81.00	$82.00	$83.00	Aug 21	$0.08	$0.92	11.50
$85.00	$85.50	$86.00	Jul 20	$0.05	$0.45	9.00
$83.50	$84.00	$84.50	Aug 7	$0.05	$0.45	9.00
$86.50	$87.00	$87.50	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. 123 found (best net $--, 111 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$96.00	$100.00	1:2	Aug 14	$0.00	$4.00
$96.00	$100.00	1:2	Aug 28	-$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	Aug 28	$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

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 48 found (best yield 1.09%, avg 0.30%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$85.00	Aug 28	$0.92	0.43	0.3%	1.09%	1.44%	131	518
$85.00	Aug 21	$0.79	0.42	0.3%	0.93%	1.29%	1.4K	47.8K
$85.50	Aug 28	$0.71	0.36	0.9%	0.84%	1.78%	303	4.5K
$85.00	Aug 14	$0.67	0.41	0.3%	0.79%	1.15%	190	12.5K
$85.00	Aug 7	$0.55	0.40	0.3%	0.65%	1.00%	2.7K	2.1K
$86.00	Aug 28	$0.54	0.30	1.5%	0.64%	2.17%	244	5.5K
$85.00	Jul 31	$0.48	0.43	0.3%	0.57%	0.92%	1.3K	18.4K
$85.50	Aug 14	$0.47	0.33	0.9%	0.55%	1.50%	14	2.5K
$86.00	Aug 21	$0.43	0.28	1.5%	0.51%	2.04%	8.5K	73.8K
$86.50	Aug 28	$0.40	0.24	2.1%	0.47%	2.60%	72	225

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 106,206

Total Puts 39,778

Put/Call Ratio 0.37

Net Difference 66,428

Prior's Put/Call Breakdown

Total Calls 61,444

Total Puts 35,273

Put/Call Ratio 0.57

Net Difference 26,171

Prior 7-Day Put/Call Summary

Total Calls 1,896,579

Total Puts 1,137,283

Average Put/Call Ratio 0.59

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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