TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.27 +0.09%

(8/12 12:00) ◀

Wednesday, August 12, 2026 (1:00pm)

▶ (8/12 14:00)

◀ 8/12 13:00 ▶

Option Volume

Detail

ℹ

Current (08/12 1:00pm) 198,374

Calls: 156,884 (79%)

Puts: 41,490 (21%)

Prior (08/11) 316,282

Calls: 215,762 (68%)

Puts: 100,520 (32%)

Current vs Prior -37.28%

Calls: -27.29% (Calls)

Puts: -58.72% (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 -49.02%

Calls: -38.02%

Puts: -69.49%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/12 1:00pm) $55.94M

Calls: $53.28M (95%)

Puts: $2.66M (5%)

Prior (08/11) $83.04M

Calls: $76.76M (92%)

Puts: $6.28M (8%)

Current vs Prior -32.63%

Calls: -30.58%

Puts: -57.69%

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 -15.41%

Calls: -8.30%

Puts: -66.88%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/12 1:00pm) 0.26

Prior (08/11) 0.47

Current vs Prior -43.23%

Prior 7-Day Average 0.55

Current vs Prior 7-Day Avg -51.66%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/12 1:00pm) 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 0.64% | 1.02%1.02% | 1.54%1.15% | 3.38%

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

Current vs Prior -34.63% | -20.83%-20.83% | -14.85%-17.47% | -6.17%

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

Current vs 7-Day Avg -30.62% | -15.44%-5.73% | -8.88%-31.82% | -7.22%

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

Current vs 7-Day Eod -34.63% | -20.83%-20.83% | -14.85%-18.19% | -6.49%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 24.50% | 3.71%

Calls: 25.93% | 2.17%

Puts: 23.08% | 5.26%

Prior 4.98% | 3.78%

Calls: 5.41% | 3.85%

Puts: 4.55% | 3.70%

Current vs Prior +391.97% | -1.85%

Prior 7-Day Avg 5.70% | 3.84%

Calls: 5.60% | 3.44%

Puts: 5.81% | 4.25%

Current vs 7-Day Avg +329.61% | -3.42%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 95% of dollar volume in calls ($53.28M) vs puts ($2.66M). Extreme bullish P/C ratio of 0.26 - heavy call buying (156,884 calls vs 41,490 puts). P/C ratio dropping 43% - 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 NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
13:00	BULLISH	BULLISH	BULLISH
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 340 of results (avg 3.2%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 11	1.45	1.46	$1.46	0.7%	46	0.61	150
$81.50	Aug 28	1.28	1.29	$1.29	0.8%	20	0.68	1.4K
$82.00	Sep 18	1.26	1.27	$1.27	0.8%	1.3K	0.51	57.4K
$81.50	Aug 26	1.18	1.19	$1.19	0.8%	71	0.70	--
$82.50	Sep 25	1.11	1.12	$1.12	0.9%	36	0.45	160

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Aug 12	14.70	14.80	$14.75	0.7%	19	1.00	--
$96.00	Aug 12	13.70	13.80	$13.75	0.7%	47	1.00	--
$84.00	Sep 25	2.24	2.26	$2.25	0.9%	--	0.73	202
$93.00	Aug 12	10.70	10.80	$10.75	0.9%	46	1.00	--
$98.00	Aug 12	15.65	15.80	$15.73	1.0%	24	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 153 found (avg $0.35, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 14	0.05	0.06	$0.06	16.7%	7.7K	0.15	58.7K
$83.00	Aug 17	0.08	0.09	$0.09	11.1%	1.4K	0.19	1.0K
$82.50	Aug 14	0.17	0.18	$0.18	5.6%	4.4K	0.37	13.9K
$83.50	Aug 19	0.06	0.07	$0.07	14.3%	40	0.12	1.5K
$82.50	Aug 17	0.23	0.24	$0.24	4.2%	357	0.39	827

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Aug 14	0.06	0.07	$0.07	14.3%	748	0.16	15.0K
$82.00	Aug 14	0.15	0.16	$0.16	6.3%	3.4K	0.34	9.5K
$81.50	Aug 17	0.09	0.10	$0.10	10.0%	111	0.19	1.5K
$82.00	Aug 17	0.20	0.21	$0.21	4.8%	1.8K	0.37	3.3K
$82.50	Aug 14	0.37	0.39	$0.38	5.3%	1.7K	0.63	3.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 246 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$69.00	Aug 12	13.20	13.35	$13.27	1.1%	45	1.00	73
$70.00	Aug 12	12.20	12.35	$12.27	1.2%	244	1.00	73
$71.00	Aug 12	11.20	11.35	$11.27	1.3%	244	1.00	106
$72.00	Aug 12	10.20	10.30	$10.25	1.0%	329	1.00	106
$73.00	Aug 12	9.20	9.35	$9.27	1.6%	344	1.00	50

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.50	Aug 14	2.20	2.27	$2.24	3.1%	4	1.00	207
$85.00	Aug 14	2.70	2.77	$2.74	2.6%	3	1.00	1
$85.50	Aug 14	3.15	3.30	$3.22	4.7%	6	1.00	--
$86.50	Aug 14	4.15	4.30	$4.22	3.6%	1	1.00	--
$87.00	Aug 14	4.65	4.80	$4.72	3.2%	9	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 400 active (total vol 197.4K, top 31.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$76.00	Aug 24	6.30	6.40	$6.35	1.6%	31.6K	1.00	600
$75.00	Aug 24	7.30	7.40	$7.35	1.4%	27.6K	1.00	600
$82.50	Aug 12	0.01	0.02	$0.02	50.0%	13.9K	0.13	27.9K
$83.00	Aug 21	0.22	0.23	$0.23	4.3%	13.0K	0.29	25.8K
$83.00	Aug 14	0.05	0.06	$0.06	16.7%	7.7K	0.15	58.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 12	0.01	0.02	$0.02	50.0%	6.1K	0.13	15.5K
$82.00	Aug 14	0.15	0.16	$0.16	6.3%	3.4K	0.34	9.5K
$81.00	Aug 19	0.08	0.09	$0.09	11.1%	1.9K	0.14	412
$82.00	Aug 17	0.20	0.21	$0.21	4.8%	1.8K	0.37	3.3K
$82.50	Aug 14	0.37	0.39	$0.38	5.3%	1.7K	0.63	3.9K

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. 82 found (best R:R 1.86, avg 1.86)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$82.50	Aug 12	$0.25	$0.25	$0.25	91%	1.00	$82.25
$85.00	$86.00	Sep 18	$0.10	$0.90	$0.10	15%	9.00	$85.10
$84.50	$85.00	Sep 25	$0.10	$0.40	$0.10	22%	4.00	$84.60
$84.00	$84.50	Sep 25	$0.13	$0.37	$0.13	27%	2.85	$84.13
$82.00	$82.50	Aug 14	$0.28	$0.22	$0.28	66%	0.79	$82.28

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	50%	1.86	$81.65
$83.00	$82.00	Sep 18	$0.52	$0.48	$0.52	62%	0.92	$82.48
$82.50	$82.00	Aug 21	$0.20	$0.30	$0.20	57%	1.50	$82.30
$82.00	$81.50	Sep 11	$0.19	$0.31	$0.19	50%	1.63	$81.81
$82.50	$82.00	Sep 25	$0.23	$0.27	$0.23	55%	1.17	$82.27

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 46 found (best R:R 0.49, avg 0.46)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 18	$0.33	$0.33	$0.67	62%	0.49	$83.33
$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
$82.50	$83.00	Aug 26	$0.22	$0.22	$0.28	55%	0.79	$82.72
$82.50	$83.00	Aug 19	$0.18	$0.18	$0.32	58%	0.56	$82.68

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.50	Aug 17	$0.11	$0.11	$0.39	63%	0.28	$81.89
$82.00	$81.50	Aug 19	$0.13	$0.13	$0.37	60%	0.35	$81.87
$82.00	$81.50	Aug 21	$0.14	$0.14	$0.36	59%	0.39	$81.86
$80.00	$79.00	Sep 18	$0.15	$0.15	$0.85	77%	0.18	$79.85
$81.50	$81.00	Aug 28	$0.11	$0.11	$0.39	68%	0.28	$81.39

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. 204 found (cheapest 0.34% of stock, avg 3.92%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Aug 12	$0.02	$0.26	$0.28	$82.22	$82.78	0.34%
$82.00	Aug 12	$0.27	$0.02	$0.29	$81.71	$82.29	0.35%
$82.50	Aug 14	$0.18	$0.38	$0.56	$81.94	$83.06	0.68%
$82.00	Aug 14	$0.46	$0.16	$0.62	$81.38	$82.62	0.75%
$82.50	Aug 17	$0.24	$0.43	$0.67	$81.83	$83.17	0.81%
$82.00	Aug 17	$0.52	$0.21	$0.73	$81.27	$82.73	0.89%
$83.00	Aug 12	$0.01	$0.75	$0.76	$82.24	$83.76	0.92%
$81.50	Aug 12	$0.76	$0.01	$0.77	$80.73	$82.27	0.94%
$82.50	Aug 19	$0.33	$0.50	$0.83	$81.67	$83.33	1.01%
$83.00	Aug 14	$0.06	$0.78	$0.84	$82.16	$83.84	1.02%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 242 found (cheapest 0.05% of stock, avg 0.79%)

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
$84.00	$80.50	Aug 19	$0.04	$0.05	$0.09	$80.41	$84.09
$83.50	$81.00	Aug 17	$0.04	$0.05	$0.09	$80.91	$83.59
$83.00	$81.00	Aug 14	$0.06	$0.03	$0.09	$80.91	$83.09
$84.50	$80.00	Aug 21	$0.04	$0.06	$0.10	$79.90	$84.60
$83.50	$81.50	Aug 14	$0.03	$0.07	$0.10	$81.40	$83.60
$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
80/80	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	43%	0.92	$80.26	$84.24
80/81	83/84	Sep 4	$0.28	$0.22	34%	1.27	$80.72	$83.28
80/81	84/84	Sep 11	$0.26	$0.24	38%	1.08	$80.74	$83.76
80/80	84/85	Sep 25	$0.21	$0.29	48%	0.72	$80.29	$84.71
80/81	84/84	Sep 4	$0.23	$0.27	42%	0.85	$80.77	$83.73
81/82	84/84	Aug 28	$0.22	$0.28	43%	0.79	$81.28	$83.72
79/80	84/85	Sep 18	$0.35	$0.65	52%	0.54	$79.65	$84.35
79/80	85/86	Sep 18	$0.25	$0.75	61%	0.33	$79.75	$85.25
80/81	84/85	Sep 18	$0.44	$0.56	40%	0.79	$80.56	$84.44

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 87 found (best R:R 1.08, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 12	$0.24	$0.26	87%	1.08
$81.50	$82.00	$82.50	Aug 12	$0.24	$0.26	87%	1.08
$79.00	$80.00	$81.00	Sep 18	$0.06	$0.94	23%	15.67
$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	47%	3.17

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.50	$82.00	$82.50	Aug 12	$0.23	$0.27	84%	1.17
$82.00	$82.50	$83.00	Aug 12	$0.25	$0.25	84%	1.00
$80.00	$81.00	$82.00	Sep 18	$0.11	$0.89	26%	8.09
$84.00	$85.00	$86.00	Sep 18	$0.05	$0.95	16%	19.00
$81.50	$82.00	$82.50	Aug 21	$0.06	$0.44	30%	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. 141 found (best net $-1.51, 126 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Aug 28	-$1.51	$1.49
$71.00	$75.00	1:2	Sep 18	-$3.43	$0.57
$80.00	$81.00	1:2	Aug 17	-$0.37	$0.63
$81.50	$82.00	1:2	Aug 14	-$0.06	$0.44
$81.00	$81.50	1:2	Aug 12	-$0.26	$0.24

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$83.00	$82.50	1:2	Aug 17	-$0.06	$0.44
$83.50	$83.00	1:2	Aug 12	-$0.26	$0.24
$83.00	$82.50	1:2	Aug 19	-$0.17	$0.33
$83.50	$83.00	1:2	Aug 14	-$0.31	$0.19
$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. 56 found (best yield 1.35%, avg 0.36%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Sep 25	$1.11	0.45	0.3%	1.35%	1.63%	36	160
$83.00	Sep 25	$0.87	0.39	0.9%	1.06%	1.94%	10	194
$83.50	Sep 25	$0.68	0.33	1.5%	0.83%	2.32%	27	150
$83.00	Sep 18	$0.75	0.38	0.9%	0.91%	1.80%	904	45.0K
$84.00	Sep 25	$0.52	0.27	2.1%	0.63%	2.73%	37	144
$82.50	Sep 11	$0.85	0.44	0.3%	1.03%	1.31%	8	1.4K
$83.00	Sep 11	$0.62	0.36	0.9%	0.75%	1.64%	22	2.6K
$84.50	Sep 25	$0.39	0.22	2.7%	0.47%	3.18%	34	337
$84.00	Sep 18	$0.42	0.25	2.1%	0.51%	2.61%	1.2K	19.8K
$82.50	Sep 4	$0.74	0.43	0.3%	0.90%	1.18%	17	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 156,884

Total Puts 41,490

Put/Call Ratio 0.26

Net Difference 115,394

Prior's Put/Call Breakdown

Total Calls 215,762

Total Puts 100,520

Put/Call Ratio 0.47

Net Difference 115,242

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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