TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.17 -0.02%

(8/12 10:00) ◀

Wednesday, August 12, 2026 (11:00am)

▶ (8/12 12:00)

◀ 8/12 11:00 ▶

Option Volume

Detail

ℹ

Current (08/12 11:00am) 113,416

Calls: 84,671 (75%)

Puts: 28,745 (25%)

Prior (08/11) 127,777

Calls: 101,751 (80%)

Puts: 26,026 (20%)

Current vs Prior -11.24%

Calls: -16.79% (Calls)

Puts: +10.45% (Puts)

Prior 7-Day Total 2,723,620

Calls: 1,771,841 (65%)

Puts: 951,779 (35%)

Prior 7-Day Average 389,088

Calls: 253,120 (65%)

Puts: 135,968 (35%)

Current vs Prior 7-Day Avg -70.85%

Calls: -66.55%

Puts: -78.86%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/12 11:00am) $21.90M

Calls: $19.98M (91%)

Puts: $1.92M (9%)

Prior (08/11) $37.64M

Calls: $36.82M (98%)

Puts: $818.1K (2%)

Current vs Prior -41.82%

Calls: -45.73%

Puts: +134.35%

Prior 7-Day Total $462.94M

Calls: $406.74M (88%)

Puts: $56.20M (12%)

Prior 7-Day Average $66.13M

Calls: $58.11M (88%)

Puts: $8.03M (12%)

Current vs Prior 7-Day Avg -66.88%

Calls: -65.61%

Puts: -76.12%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/12 11:00am) 0.34

Prior (08/11) 0.26

Current vs Prior +32.73%

Prior 7-Day Average 0.55

Current vs Prior 7-Day Avg -37.95%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/12 11:00am) 3,413,407

Calls: 1,835,914 (54%)

Puts: 1,577,493 (46%)

Prior (08/11) 3,212,422

Calls: 1,699,938 (53%)

Puts: 1,512,484 (47%)

Current vs Prior +6.26%

Prior 7-Day Total 21,284,480

Calls: 11,626,678 (55%)

Puts: 9,657,802 (45%)

Prior 7-Day Average 3,040,640

Calls: 1,660,954 (55%)

Puts: 1,379,686 (45%)

Current vs Prior 7-Day Avg +12.26%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (08/12) | Next (08/14)Expiry (08/14) | Next (08/21)Expiry (08/17) | Next (09/18)

Current 0.66% | 1.05%1.05% | 1.61%1.18% | 3.42%

Prior 0.99% | 1.29%1.29% | 1.81%1.40% | 3.60%

Current vs Prior -33.32% | -18.85%-18.85% | -11.39%-15.63% | -5.05%

Prior 7-Day Avg 0.93% | 1.21%1.08% | 1.69%1.69% | 3.64%

Current vs 7-Day Avg -29.23% | -13.32%-3.37% | -5.18%-30.30% | -6.10%

Prior 7-Day Eod 0.99% | 1.29%1.29% | 1.81%1.41% | 3.61%

Current vs 7-Day Eod -33.32% | -18.85%-18.85% | -11.39%-16.36% | -5.37%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 13.82% | 2.33%

Calls: 10.00% | 2.44%

Puts: 17.65% | 2.22%

Prior 4.98% | 3.78%

Calls: 5.41% | 3.85%

Puts: 4.55% | 3.70%

Current vs Prior +177.51% | -38.36%

Prior 7-Day Avg 5.70% | 3.84%

Calls: 5.60% | 3.44%

Puts: 5.81% | 4.25%

Current vs 7-Day Avg +142.33% | -39.35%

Liquidity Good

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🤖 AI Insights

Strong bullish conviction with 91% of dollar volume in calls ($19.98M) vs puts ($1.92M). Extreme bullish P/C ratio of 0.34 - heavy call buying (84,671 calls vs 28,745 puts). P/C ratio rising 33% - 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 NEUTRAL

Prior NEUTRAL

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 326 of results (avg 3.2%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 25	1.35	1.36	$1.36	0.7%	5	0.50	26
$81.50	Aug 28	1.23	1.24	$1.23	0.8%	20	0.66	1.4K
$70.00	Aug 14	12.15	12.25	$12.20	0.8%	35	1.00	37
$80.50	Sep 25	2.35	2.37	$2.36	0.8%	2	0.71	8
$71.00	Aug 21	11.20	11.30	$11.25	0.9%	--	1.00	106

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 25	1.36	1.37	$1.37	0.7%	1	0.56	60
$98.00	Sep 18	15.85	16.00	$15.93	0.9%	--	0.99	16
$98.00	Aug 12	15.75	15.90	$15.83	0.9%	5	1.00	--
$97.00	Aug 12	14.75	14.90	$14.83	1.0%	3	1.00	--
$83.50	Sep 25	1.96	1.98	$1.97	1.0%	17	0.68	88

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 157 found (avg $0.34, cheapest $0.20)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 12	0.19	0.21	$0.20	10.0%	307	0.79	2.1K
$82.50	Aug 14	0.15	0.16	$0.16	6.3%	3.8K	0.33	13.9K
$83.00	Aug 17	0.07	0.08	$0.08	12.5%	1.2K	0.17	1.0K
$83.50	Aug 19	0.05	0.06	$0.06	16.7%	30	0.11	1.5K
$82.50	Aug 17	0.20	0.21	$0.21	4.8%	340	0.35	827

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 12	0.31	0.37	$0.34	17.6%	1.0K	0.89	1.7K
$81.50	Aug 14	0.07	0.08	$0.08	12.5%	359	0.18	15.0K
$82.00	Aug 14	0.19	0.20	$0.20	5.0%	3.4K	0.39	9.5K
$81.00	Aug 17	0.05	0.06	$0.06	16.7%	151	0.12	345
$81.50	Aug 17	0.12	0.13	$0.13	7.7%	20	0.23	1.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 229 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Aug 17	12.15	12.30	$12.23	1.2%	35	1.00	2
$79.00	Aug 17	3.15	3.30	$3.22	4.7%	3	1.00	16
$76.00	Sep 4	6.30	6.45	$6.38	2.4%	--	1.00	20
$75.00	Sep 11	7.25	7.40	$7.33	2.0%	--	1.00	11
$76.00	Sep 11	6.30	6.45	$6.38	2.4%	6	1.00	3

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 12	1.30	1.39	$1.35	6.7%	17	1.00	37
$84.00	Aug 12	1.80	1.89	$1.85	4.9%	10	1.00	--
$84.50	Aug 12	2.30	2.38	$2.34	3.4%	5	1.00	--
$85.00	Aug 12	2.80	2.88	$2.84	2.8%	5	1.00	--
$85.50	Aug 12	3.25	3.40	$3.33	4.5%	13	1.00	1

Most actively traded options today. High liquidity = easy entry/exit. 355 active (total vol 113.0K, top 12.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 12	0.01	0.02	$0.02	50.0%	12.7K	0.12	27.9K
$76.00	Aug 24	6.20	6.35	$6.28	2.4%	10.0K	0.99	600
$75.00	Aug 24	7.20	7.35	$7.28	2.1%	6.6K	0.99	600
$83.00	Aug 21	0.21	0.22	$0.22	4.5%	4.7K	0.27	25.8K
$82.50	Aug 14	0.15	0.16	$0.16	6.3%	3.8K	0.33	13.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 12	0.02	0.03	$0.03	33.3%	3.6K	0.21	15.5K
$82.00	Aug 14	0.19	0.20	$0.20	5.0%	3.4K	0.39	9.5K
$82.00	Aug 17	0.25	0.26	$0.26	3.8%	1.6K	0.42	3.3K
$82.00	Aug 28	0.56	0.57	$0.56	1.8%	1.6K	0.45	8.4K
$82.00	Aug 21	0.40	0.41	$0.41	2.4%	1.3K	0.44	38.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 14.5%, max 14.5%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 12	Sep 25	10.6%	9.3%	14.5%	312	2.1K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 12	Sep 25	10.6%	9.3%	14.5%	3.7K	15.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 89 found (best R:R 1.70, avg 2.02)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$82.50	Aug 12	$0.18	$0.32	$0.18	79%	1.78	$82.18
$85.00	$86.00	Sep 18	$0.10	$0.90	$0.10	15%	9.00	$85.10
$83.50	$84.00	Sep 11	$0.12	$0.38	$0.12	28%	3.17	$83.62
$84.00	$84.50	Sep 25	$0.12	$0.38	$0.12	26%	3.17	$84.12
$83.50	$84.00	Aug 28	$0.10	$0.40	$0.10	24%	4.00	$83.60

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Sep 18	$0.37	$0.63	$0.37	51%	1.70	$81.63
$83.00	$82.00	Sep 18	$0.53	$0.47	$0.53	64%	0.89	$82.47
$82.00	$81.50	Aug 28	$0.15	$0.35	$0.15	45%	2.33	$81.85
$82.50	$82.00	Aug 19	$0.22	$0.28	$0.22	61%	1.27	$82.28
$82.00	$81.50	Sep 25	$0.20	$0.30	$0.20	51%	1.50	$81.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 52 found (best R:R 0.47, avg 0.43)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 18	$0.32	$0.32	$0.68	63%	0.47	$83.32
$82.50	$83.00	Sep 4	$0.22	$0.22	$0.28	58%	0.79	$82.72
$82.50	$83.00	Sep 11	$0.22	$0.22	$0.28	58%	0.79	$82.72
$82.50	$83.00	Sep 25	$0.23	$0.23	$0.27	56%	0.85	$82.73
$82.50	$83.00	Aug 14	$0.11	$0.11	$0.39	67%	0.28	$82.61

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.50	Aug 14	$0.12	$0.12	$0.38	61%	0.32	$81.88
$81.50	$81.00	Aug 21	$0.10	$0.10	$0.40	70%	0.25	$81.40
$81.50	$81.00	Aug 26	$0.12	$0.12	$0.38	67%	0.32	$81.38
$80.50	$80.00	Sep 11	$0.11	$0.11	$0.39	72%	0.28	$80.39
$82.00	$81.50	Aug 17	$0.13	$0.13	$0.37	58%	0.35	$81.87

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 192 found (cheapest 0.28% of stock, avg 3.96%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Aug 12	$0.20	$0.03	$0.23	$81.77	$82.23	0.28%
$82.50	Aug 12	$0.02	$0.34	$0.36	$82.14	$82.86	0.44%
$82.00	Aug 14	$0.41	$0.20	$0.61	$81.39	$82.61	0.74%
$82.50	Aug 14	$0.16	$0.45	$0.61	$81.89	$83.11	0.74%
$81.50	Aug 12	$0.68	$0.01	$0.69	$80.81	$82.19	0.84%
$82.50	Aug 17	$0.21	$0.50	$0.71	$81.79	$83.21	0.86%
$82.00	Aug 17	$0.47	$0.26	$0.73	$81.27	$82.73	0.89%
$83.00	Aug 12	$0.01	$0.85	$0.86	$82.14	$83.86	1.05%
$81.50	Aug 14	$0.78	$0.08	$0.86	$80.64	$82.36	1.05%
$82.50	Aug 19	$0.30	$0.56	$0.86	$81.64	$83.36	1.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 237 found (cheapest 0.06% of stock, avg 0.83%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$82.00	Aug 12	$0.02	$0.03	$0.05	$81.95	$82.55
$83.50	$80.50	Aug 17	$0.03	$0.03	$0.06	$80.44	$83.56
$83.50	$81.00	Aug 14	$0.03	$0.04	$0.07	$80.93	$83.57
$84.00	$80.00	Aug 19	$0.04	$0.04	$0.08	$79.92	$84.08
$83.00	$81.00	Aug 14	$0.05	$0.04	$0.09	$80.91	$83.09
$83.50	$81.00	Aug 17	$0.03	$0.06	$0.09	$80.91	$83.59
$84.00	$80.50	Aug 19	$0.04	$0.06	$0.10	$80.40	$84.10
$83.50	$80.00	Aug 19	$0.06	$0.04	$0.10	$79.90	$83.60
$84.50	$80.00	Aug 21	$0.04	$0.07	$0.11	$79.89	$84.61
$83.00	$80.50	Aug 17	$0.08	$0.03	$0.11	$80.39	$83.11

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 19 found (best R:R 1.27, avg credit $0.25)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	83/84	Sep 11	$0.28	$0.22	37%	1.27	$80.22	$83.28
80/80	84/84	Sep 25	$0.28	$0.22	37%	1.27	$80.22	$83.78
80/80	84/84	Sep 11	$0.21	$0.29	50%	0.72	$80.29	$84.21
80/80	84/85	Sep 25	$0.22	$0.28	47%	0.79	$80.28	$84.72
80/80	84/84	Sep 25	$0.24	$0.26	42%	0.92	$80.26	$84.24
80/80	84/84	Sep 11	$0.23	$0.27	44%	0.85	$80.27	$83.73
80/81	83/84	Sep 11	$0.30	$0.20	30%	1.50	$80.70	$83.30
80/81	83/84	Sep 4	$0.28	$0.22	34%	1.27	$80.72	$83.28
80/81	84/84	Sep 4	$0.24	$0.26	41%	0.92	$80.76	$83.74
80/81	84/84	Sep 11	$0.23	$0.27	43%	0.85	$80.77	$84.23

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 found (best R:R 1.94, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 12	$0.17	$0.33	76%	1.94
$76.00	$78.00	$80.00	Sep 11	$0.15	$1.85	18%	12.33
$79.00	$80.00	$81.00	Sep 18	$0.08	$0.92	23%	11.50
$80.00	$81.00	$82.00	Sep 18	$0.12	$0.88	29%	7.33
$81.50	$82.00	$82.50	Aug 12	$0.30	$0.20	85%	0.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 12	$0.20	$0.30	75%	1.50
$81.50	$82.00	$82.50	Aug 12	$0.29	$0.21	85%	0.72
$80.00	$81.00	$82.00	Sep 18	$0.12	$0.88	27%	7.33
$81.50	$82.00	$82.50	Aug 19	$0.07	$0.43	34%	6.14
$81.50	$82.00	$82.50	Aug 14	$0.13	$0.37	49%	2.85

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 138 found (best net $-2.37, 125 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 18	-$2.37	$2.63
$75.00	$78.00	1:2	Aug 28	-$1.43	$1.57
$78.00	$80.00	1:2	Aug 24	-$0.38	$1.62
$78.00	$80.00	1:2	Sep 11	-$0.74	$1.26
$80.00	$81.00	1:2	Aug 17	-$0.31	$0.69

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$83.00	$82.50	1:2	Aug 17	-$0.12	$0.38
$86.50	$85.00	1:2	Aug 14	-$1.35	$0.15
$83.50	$83.00	1:2	Aug 12	-$0.35	$0.15
$83.00	$82.50	1:2	Aug 19	-$0.20	$0.30
$82.50	$82.00	1:2	Aug 19	-$0.12	$0.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 54 found (best yield 1.31%, avg 0.36%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Sep 25	$1.08	0.44	0.4%	1.31%	1.72%	11	160
$83.00	Sep 25	$0.85	0.38	1.0%	1.03%	2.04%	2	194
$83.50	Sep 25	$0.66	0.32	1.6%	0.80%	2.42%	15	150
$83.00	Sep 18	$0.73	0.37	1.0%	0.89%	1.90%	697	45.0K
$84.00	Sep 25	$0.50	0.27	2.2%	0.61%	2.84%	11	144
$82.50	Sep 11	$0.82	0.42	0.4%	1.00%	1.40%	1	1.4K
$83.00	Sep 11	$0.60	0.35	1.0%	0.73%	1.74%	20	2.6K
$84.50	Sep 25	$0.38	0.21	2.8%	0.46%	3.30%	19	337
$84.00	Sep 18	$0.41	0.24	2.2%	0.50%	2.73%	668	19.8K
$82.50	Sep 4	$0.71	0.42	0.4%	0.86%	1.27%	7	1.2K

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 84,671

Total Puts 28,745

Put/Call Ratio 0.34

Net Difference 55,926

Prior's Put/Call Breakdown

Total Calls 101,751

Total Puts 26,026

Put/Call Ratio 0.26

Net Difference 75,725

Prior 7-Day Put/Call Summary

Total Calls 1,771,841

Total Puts 951,779

Average Put/Call Ratio 0.55

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

🤖 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

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