TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.29 +0.12%

(8/12 11:00) ◀

Wednesday, August 12, 2026 (12:00pm)

▶ (8/12 13:00)

◀ 8/12 12:00 ▶

Option Volume

Detail

ℹ

Current (08/12 12:00pm) 151,094

Calls: 115,756 (77%)

Puts: 35,338 (23%)

Prior (08/11) 205,317

Calls: 155,371 (76%)

Puts: 49,946 (24%)

Current vs Prior -26.41%

Calls: -25.50% (Calls)

Puts: -29.25% (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 -61.17%

Calls: -54.27%

Puts: -74.01%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/12 12:00pm) $36.13M

Calls: $33.77M (93%)

Puts: $2.36M (7%)

Prior (08/11) $64.76M

Calls: $63.47M (98%)

Puts: $1.29M (2%)

Current vs Prior -44.21%

Calls: -46.80%

Puts: +82.82%

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 -45.37%

Calls: -41.89%

Puts: -70.54%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/12 12:00pm) 0.31

Prior (08/11) 0.32

Current vs Prior -5.03%

Prior 7-Day Average 0.55

Current vs Prior 7-Day Avg -44.20%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/12 12:00pm) 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% | 1.58%1.17% | 3.40%

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

Current vs Prior -33.41% | -18.97%-18.97% | -12.86%-16.62% | -5.52%

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

Current vs 7-Day Avg -29.33% | -13.44%-3.51% | -6.75%-31.12% | -6.57%

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

Current vs 7-Day Eod -33.41% | -18.97%-18.97% | -12.86%-17.34% | -5.84%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 16.91% | 2.37%

Calls: 15.63% | 2.04%

Puts: 18.18% | 2.70%

Prior 4.98% | 3.78%

Calls: 5.41% | 3.85%

Puts: 4.55% | 3.70%

Current vs Prior +239.56% | -37.30%

Prior 7-Day Avg 5.70% | 3.84%

Calls: 5.60% | 3.44%

Puts: 5.81% | 4.25%

Current vs 7-Day Avg +196.52% | -38.30%

Liquidity Good

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🤖 AI Insights

Strong bullish conviction with 93% of dollar volume in calls ($33.77M) vs puts ($2.36M). Extreme bullish P/C ratio of 0.31 - heavy call buying (115,756 calls vs 35,338 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 NEUTRAL

Prior NEUTRAL

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 336 of results (avg 2.9%, best 0.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 25	2.07	2.08	$2.08	0.5%	13	0.66	--
$69.00	Aug 12	13.25	13.35	$13.30	0.8%	45	1.00	73
$81.50	Aug 28	1.31	1.32	$1.32	0.8%	20	0.68	1.4K
$82.00	Sep 18	1.29	1.30	$1.30	0.8%	696	0.52	57.4K
$70.00	Aug 17	12.30	12.40	$12.35	0.8%	35	1.00	2

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$98.00	Aug 12	15.65	15.75	$15.70	0.6%	20	1.00	--
$96.00	Aug 12	13.65	13.75	$13.70	0.7%	36	1.00	--
$95.00	Aug 12	12.65	12.75	$12.70	0.8%	62	1.00	--
$94.00	Aug 12	11.65	11.75	$11.70	0.9%	56	1.00	--
$82.50	Sep 11	1.12	1.13	$1.13	0.9%	80	0.56	270

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 159 found (avg $0.34, cheapest $0.22)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 12	0.29	0.34	$0.32	15.6%	726	0.88	2.1K
$83.00	Aug 14	0.06	0.07	$0.07	14.3%	7.5K	0.17	58.7K
$83.00	Aug 17	0.09	0.10	$0.10	10.0%	1.4K	0.20	1.0K
$82.50	Aug 14	0.19	0.20	$0.20	5.0%	4.3K	0.40	13.9K
$83.50	Aug 19	0.06	0.07	$0.07	14.3%	39	0.13	1.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 12	0.20	0.24	$0.22	18.2%	1.2K	0.86	1.7K
$81.50	Aug 14	0.05	0.06	$0.06	16.7%	367	0.14	15.0K
$82.00	Aug 14	0.15	0.16	$0.16	6.3%	3.4K	0.33	9.5K
$81.50	Aug 17	0.09	0.10	$0.10	10.0%	21	0.19	1.5K
$82.00	Aug 17	0.20	0.21	$0.21	4.8%	1.7K	0.36	3.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 240 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$75.00	Aug 24	7.35	7.45	$7.40	1.4%	14.6K	1.00	600
$76.00	Aug 24	6.35	6.45	$6.40	1.6%	18.0K	1.00	600
$77.00	Aug 24	5.35	5.45	$5.40	1.9%	3.4K	1.00	--
$76.00	Sep 4	6.40	6.55	$6.48	2.3%	--	1.00	20
$78.00	Sep 4	4.45	4.55	$4.50	2.2%	--	1.00	222

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 12	1.18	1.24	$1.21	5.0%	20	1.00	37
$84.00	Aug 12	1.68	1.75	$1.72	4.1%	10	1.00	--
$84.50	Aug 12	2.18	2.25	$2.22	3.2%	5	1.00	--
$85.00	Aug 12	2.68	2.75	$2.72	2.6%	21	1.00	--
$85.50	Aug 12	3.15	3.25	$3.20	3.1%	46	1.00	1

Most actively traded options today. High liquidity = easy entry/exit. 387 active (total vol 150.5K, top 18.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$76.00	Aug 24	6.35	6.45	$6.40	1.6%	18.0K	1.00	600
$75.00	Aug 24	7.35	7.45	$7.40	1.4%	14.6K	1.00	600
$82.50	Aug 12	0.01	0.02	$0.02	50.0%	13.4K	0.15	27.9K
$83.00	Aug 14	0.06	0.07	$0.07	14.3%	7.5K	0.17	58.7K
$83.00	Aug 21	0.24	0.25	$0.25	4.0%	5.0K	0.30	25.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 12	0.01	0.02	$0.02	50.0%	5.9K	0.12	15.5K
$82.00	Aug 14	0.15	0.16	$0.16	6.3%	3.4K	0.33	9.5K
$82.00	Aug 17	0.20	0.21	$0.21	4.8%	1.7K	0.36	3.3K
$82.00	Aug 28	0.51	0.52	$0.52	1.9%	1.6K	0.42	8.4K
$79.00	Sep 18	0.24	0.25	$0.25	4.0%	1.5K	0.15	27.0K

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 86 found (best R:R 1.86, avg 1.89)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$82.50	Aug 12	$0.30	$0.20	$0.30	88%	0.67	$82.30
$82.50	$83.00	Aug 26	$0.20	$0.30	$0.20	46%	1.50	$82.70
$84.00	$84.50	Sep 11	$0.10	$0.40	$0.10	23%	4.00	$84.10
$82.00	$82.50	Aug 17	$0.28	$0.22	$0.28	64%	0.79	$82.28
$85.00	$86.00	Sep 18	$0.11	$0.89	$0.11	16%	8.09	$85.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Sep 18	$0.35	$0.65	$0.35	49%	1.86	$81.65
$83.00	$82.00	Sep 18	$0.51	$0.49	$0.51	62%	0.96	$82.49
$82.00	$81.50	Sep 25	$0.19	$0.31	$0.19	50%	1.63	$81.81
$82.50	$82.00	Aug 21	$0.20	$0.30	$0.20	56%	1.50	$82.30
$82.00	$81.50	Sep 11	$0.19	$0.31	$0.19	49%	1.63	$81.81

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 49 found (best R:R 0.54, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 18	$0.35	$0.35	$0.65	62%	0.54	$83.35
$82.50	$83.00	Sep 11	$0.23	$0.23	$0.27	56%	0.85	$82.73
$82.50	$83.00	Sep 25	$0.24	$0.24	$0.26	55%	0.92	$82.74
$83.00	$83.50	Aug 24	$0.14	$0.14	$0.36	69%	0.39	$83.14
$82.50	$83.00	Aug 28	$0.23	$0.23	$0.27	53%	0.85	$82.73

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.50	Aug 14	$0.10	$0.10	$0.40	67%	0.25	$81.90
$82.00	$81.50	Aug 17	$0.11	$0.11	$0.39	64%	0.28	$81.89
$82.00	$81.50	Aug 19	$0.13	$0.13	$0.37	61%	0.35	$81.87
$82.00	$81.50	Aug 21	$0.14	$0.14	$0.36	60%	0.39	$81.86
$81.00	$80.50	Sep 11	$0.13	$0.13	$0.37	67%	0.35	$80.87

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. 200 found (cheapest 0.29% of stock, avg 3.89%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Aug 12	$0.02	$0.22	$0.24	$82.26	$82.74	0.29%
$82.00	Aug 12	$0.32	$0.02	$0.34	$81.66	$82.34	0.41%
$82.50	Aug 14	$0.20	$0.37	$0.57	$81.93	$83.07	0.69%
$82.00	Aug 14	$0.49	$0.16	$0.65	$81.35	$82.65	0.79%
$82.50	Aug 17	$0.26	$0.42	$0.68	$81.82	$83.18	0.83%
$83.00	Aug 12	$0.01	$0.71	$0.72	$82.28	$83.72	0.87%
$82.00	Aug 17	$0.54	$0.21	$0.75	$81.25	$82.75	0.91%
$81.50	Aug 12	$0.81	$0.01	$0.82	$80.68	$82.32	1.00%
$83.00	Aug 14	$0.07	$0.75	$0.82	$82.18	$83.82	1.00%
$82.50	Aug 19	$0.35	$0.50	$0.85	$81.65	$83.35	1.03%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 242 found (cheapest 0.05% 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	$0.02	$0.04	$81.96	$82.54
$83.50	$81.00	Aug 14	$0.03	$0.03	$0.06	$80.94	$83.56
$83.50	$80.50	Aug 17	$0.04	$0.03	$0.07	$80.43	$83.57
$84.00	$80.00	Aug 19	$0.04	$0.04	$0.08	$79.92	$84.08
$83.50	$81.00	Aug 17	$0.04	$0.05	$0.09	$80.91	$83.59
$83.50	$81.50	Aug 14	$0.03	$0.06	$0.09	$81.41	$83.59
$84.50	$80.00	Aug 21	$0.04	$0.06	$0.10	$79.90	$84.60
$84.00	$80.50	Aug 19	$0.04	$0.06	$0.10	$80.40	$84.10
$83.00	$81.00	Aug 14	$0.07	$0.03	$0.10	$80.90	$83.10
$83.50	$80.00	Aug 19	$0.07	$0.04	$0.11	$79.89	$83.61

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 11 found (best R:R 1.17, avg credit $0.28)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/84	Sep 11	$0.27	$0.23	37%	1.17	$80.73	$83.77
80/80	84/84	Sep 25	$0.27	$0.23	37%	1.17	$80.23	$83.77
80/80	84/84	Sep 25	$0.24	$0.26	42%	0.92	$80.26	$84.24
80/81	84/84	Sep 11	$0.23	$0.27	44%	0.85	$80.77	$84.23
80/81	84/84	Sep 4	$0.24	$0.26	41%	0.92	$80.76	$83.74
81/82	83/84	Aug 26	$0.25	$0.25	36%	1.00	$81.25	$83.25
81/82	84/84	Aug 28	$0.22	$0.28	42%	0.79	$81.28	$83.72
79/80	85/86	Sep 18	$0.26	$0.74	61%	0.35	$79.74	$85.26
79/80	84/85	Sep 18	$0.35	$0.65	51%	0.54	$79.65	$84.35
80/81	85/86	Sep 18	$0.35	$0.65	50%	0.54	$80.65	$85.35

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 89 found (best R:R 1.63, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.50	$82.00	$82.50	Aug 12	$0.19	$0.31	82%	1.63
$82.00	$82.50	$83.00	Aug 12	$0.29	$0.21	84%	0.72
$79.00	$80.00	$81.00	Sep 18	$0.08	$0.92	22%	11.50
$80.00	$81.00	$82.00	Sep 18	$0.12	$0.88	29%	7.33
$81.50	$82.00	$82.50	Aug 14	$0.12	$0.38	46%	3.17

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.50	$82.00	$82.50	Aug 12	$0.19	$0.31	83%	1.63
$82.00	$82.50	$83.00	Aug 12	$0.29	$0.21	84%	0.72
$80.00	$81.00	$82.00	Sep 18	$0.11	$0.89	26%	8.09
$81.50	$82.00	$82.50	Aug 14	$0.11	$0.39	47%	3.55
$81.50	$82.00	$82.50	Aug 17	$0.10	$0.40	40%	4.00

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 $-1.55, 129 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Aug 28	-$1.55	$1.45
$80.00	$81.00	1:2	Aug 17	-$0.42	$0.58
$71.00	$75.00	1:2	Sep 18	-$3.51	$0.49
$81.50	$82.00	1:2	Aug 14	-$0.08	$0.42
$81.50	$82.00	1:2	Aug 17	-$0.15	$0.35

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$83.50	$83.00	1:2	Aug 12	-$0.21	$0.29
$83.00	$82.50	1:2	Aug 17	-$0.07	$0.43
$83.50	$83.00	1:2	Aug 14	-$0.29	$0.21
$83.00	$82.50	1:2	Aug 19	-$0.18	$0.32
$82.50	$82.00	1:2	Aug 19	-$0.08	$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 58 found (best yield 1.39%, avg 0.37%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Sep 25	$1.14	0.45	0.3%	1.39%	1.64%	23	160
$83.00	Sep 25	$0.90	0.39	0.9%	1.09%	1.96%	2	194
$83.50	Sep 25	$0.70	0.33	1.5%	0.85%	2.32%	15	150
$83.00	Sep 18	$0.78	0.38	0.9%	0.95%	1.81%	734	45.0K
$84.00	Sep 25	$0.54	0.28	2.1%	0.66%	2.73%	16	144
$82.50	Sep 11	$0.88	0.44	0.3%	1.07%	1.32%	3	1.4K
$84.50	Sep 25	$0.41	0.23	2.7%	0.50%	3.18%	29	337
$83.00	Sep 11	$0.65	0.37	0.9%	0.79%	1.65%	20	2.6K
$84.00	Sep 18	$0.43	0.26	2.1%	0.52%	2.60%	848	19.8K
$82.50	Sep 4	$0.77	0.44	0.3%	0.94%	1.19%	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 115,756

Total Puts 35,338

Put/Call Ratio 0.31

Net Difference 80,418

Prior's Put/Call Breakdown

Total Calls 155,371

Total Puts 49,946

Put/Call Ratio 0.32

Net Difference 105,425

Prior 7-Day Put/Call Summary

Total Calls 1,771,841

Total Puts 951,779

Average Put/Call Ratio 0.55

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

🤖 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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