TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.13 -0.08%

(8/12 14:00) ◀

Wednesday, August 12, 2026 (3:00pm)

▶ (8/12 15:16)

◀ 8/12 15:00 ▶

Option Volume

Detail

ℹ

Current (08/12 3:00pm) 267,172

Calls: 193,200 (72%)

Puts: 73,972 (28%)

Prior (08/11) 382,119

Calls: 270,418 (71%)

Puts: 111,701 (29%)

Current vs Prior -30.08%

Calls: -28.56% (Calls)

Puts: -33.78% (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 -31.33%

Calls: -23.67%

Puts: -45.60%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/12 3:00pm) $62.00M

Calls: $57.98M (94%)

Puts: $4.02M (6%)

Prior (08/11) $97.79M

Calls: $90.78M (93%)

Puts: $7.01M (7%)

Current vs Prior -36.60%

Calls: -36.13%

Puts: -42.60%

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 -6.25%

Calls: -0.22%

Puts: -49.91%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/12 3:00pm) 0.38

Prior (08/11) 0.41

Current vs Prior -7.31%

Prior 7-Day Average 0.55

Current vs Prior 7-Day Avg -30.01%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/12 3:00pm) 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 0.63% | 1.02%1.02% | 1.57%1.16% | 3.41%

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

Current vs Prior -35.76% | -20.70%-20.69% | -13.36%-17.33% | -5.34%

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

Current vs 7-Day Avg -31.81% | -15.29%-5.57% | -7.28%-31.71% | -6.39%

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

Current vs 7-Day Eod -35.76% | -20.70%-20.69% | -13.36%-18.05% | -5.66%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 24.44% | 2.43%

Calls: 35.71% | 2.78%

Puts: 13.16% | 2.08%

Prior 4.98% | 3.78%

Calls: 5.41% | 3.85%

Puts: 4.55% | 3.70%

Current vs Prior +390.76% | -35.71%

Prior 7-Day Avg 5.70% | 3.84%

Calls: 5.60% | 3.44%

Puts: 5.81% | 4.25%

Current vs 7-Day Avg +328.56% | -36.74%

Liquidity Good

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🤖 AI Insights

Strong bullish conviction with 94% of dollar volume in calls ($57.98M) vs puts ($4.02M). Extreme bullish P/C ratio of 0.38 - heavy call buying (193,200 calls vs 73,972 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
15:00	BULLISH	BULLISH	BULLISH
14:00	BULLISH	BULLISH	BULLISH
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 343 of results (avg 2.8%, best 0.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 25	1.95	1.96	$1.96	0.5%	13	0.64	--
$81.00	Sep 18	1.83	1.84	$1.84	0.5%	28	0.65	1.8K
$81.50	Sep 25	1.62	1.63	$1.63	0.6%	22	0.57	26
$82.00	Sep 25	1.32	1.33	$1.33	0.8%	9	0.49	26
$70.00	Aug 21	12.15	12.25	$12.20	0.8%	--	1.00	124

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$93.00	Sep 18	10.95	11.05	$11.00	0.9%	--	0.99	1.4K
$93.00	Aug 14	10.80	10.90	$10.85	0.9%	2	1.00	--
$82.00	Sep 18	1.06	1.07	$1.07	0.9%	3.0K	0.52	141.2K
$98.00	Sep 18	15.90	16.05	$15.98	0.9%	--	0.99	16
$98.00	Aug 12	15.80	15.95	$15.88	0.9%	24	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 156 found (avg $0.34, cheapest $0.38)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 14	0.12	0.13	$0.13	7.7%	6.1K	0.29	13.9K
$83.00	Aug 17	0.06	0.07	$0.07	14.3%	1.5K	0.15	1.0K
$83.50	Aug 19	0.05	0.06	$0.06	16.7%	53	0.11	1.5K
$82.50	Aug 17	0.18	0.19	$0.19	5.3%	431	0.33	827
$82.00	Aug 14	0.35	0.36	$0.36	2.8%	668	0.58	5.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 12	0.35	0.40	$0.38	13.2%	2.1K	0.95	1.7K
$81.50	Aug 14	0.07	0.08	$0.08	12.5%	1.9K	0.19	15.0K
$82.00	Aug 14	0.20	0.21	$0.21	4.8%	4.9K	0.42	9.5K
$81.50	Aug 17	0.11	0.12	$0.12	8.3%	174	0.24	1.5K
$81.00	Aug 17	0.05	0.06	$0.06	16.7%	160	0.12	345

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 249 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$69.00	Aug 12	13.05	13.20	$13.13	1.1%	45	1.00	73
$70.00	Aug 12	12.05	12.20	$12.13	1.2%	244	1.00	73
$71.00	Aug 12	11.05	11.20	$11.13	1.3%	244	1.00	106
$72.00	Aug 12	10.05	10.20	$10.13	1.5%	330	1.00	106
$73.00	Aug 12	9.05	9.20	$9.13	1.6%	345	1.00	50

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.50	Aug 14	2.35	2.40	$2.38	2.1%	4	1.00	207
$85.00	Aug 14	2.85	2.90	$2.88	1.7%	4	1.00	1
$85.50	Aug 14	3.30	3.45	$3.38	4.4%	6	1.00	--
$86.50	Aug 14	4.30	4.45	$4.38	3.4%	1	1.00	--
$87.00	Aug 14	4.80	4.95	$4.88	3.1%	9	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 418 active (total vol 266.1K, top 33.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$76.00	Aug 24	6.20	6.30	$6.25	1.6%	33.0K	0.99	600
$75.00	Aug 24	7.15	7.30	$7.23	2.1%	27.6K	0.99	600
$82.50	Aug 12	0.00	0.01	$0.01	100.0%	14.4K	0.05	27.9K
$83.00	Aug 21	0.18	0.19	$0.19	5.3%	13.4K	0.25	25.8K
$83.00	Aug 14	0.04	0.05	$0.05	20.0%	9.2K	0.12	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%	7.4K	0.20	15.5K
$80.00	Sep 18	0.42	0.43	$0.43	2.3%	6.9K	0.25	41.0K
$82.00	Aug 14	0.20	0.21	$0.21	4.8%	4.9K	0.42	9.5K
$81.00	Aug 14	0.02	0.03	$0.03	33.3%	4.8K	0.07	4.0K
$81.00	Aug 28	0.28	0.29	$0.29	3.4%	3.8K	0.26	2.5K

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 54.4%, max 54.4%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 12	Sep 25	14.3%	9.2%	54.4%	1.5K	2.1K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 12	Sep 25	14.3%	9.2%	54.4%	7.5K	15.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 84 found (best R:R 1.63, avg 1.85)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$82.50	Aug 12	$0.13	$0.37	$0.13	80%	2.85	$82.13
$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	27%	3.17	$83.62
$84.00	$84.50	Sep 25	$0.12	$0.38	$0.12	26%	3.17	$84.12
$83.00	$83.50	Aug 28	$0.14	$0.36	$0.14	32%	2.57	$83.14

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Sep 18	$0.38	$0.62	$0.38	52%	1.63	$81.62
$83.00	$82.00	Sep 18	$0.54	$0.46	$0.54	64%	0.85	$82.46
$82.00	$81.50	Sep 25	$0.20	$0.30	$0.20	52%	1.50	$81.80
$82.00	$81.50	Aug 28	$0.16	$0.34	$0.16	46%	2.13	$81.84
$81.50	$81.00	Sep 11	$0.16	$0.34	$0.16	43%	2.12	$81.34

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 47 found (best R:R 0.45, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 18	$0.31	$0.31	$0.69	64%	0.45	$83.31
$82.50	$83.00	Sep 4	$0.21	$0.21	$0.29	59%	0.72	$82.71
$82.50	$83.00	Aug 21	$0.18	$0.18	$0.32	60%	0.56	$82.68
$82.50	$83.00	Sep 25	$0.23	$0.23	$0.27	57%	0.85	$82.73
$82.50	$83.00	Aug 28	$0.21	$0.21	$0.29	57%	0.72	$82.71

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.50	Aug 14	$0.13	$0.13	$0.37	58%	0.35	$81.87
$81.50	$81.00	Aug 21	$0.11	$0.11	$0.39	69%	0.28	$81.39
$80.00	$79.00	Sep 18	$0.17	$0.17	$0.83	75%	0.20	$79.83
$82.00	$81.50	Aug 17	$0.14	$0.14	$0.36	57%	0.39	$81.86
$81.50	$81.00	Aug 24	$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. 209 found (cheapest 0.19% of stock, avg 4.00%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Aug 12	$0.14	$0.02	$0.16	$81.84	$82.16	0.19%
$82.50	Aug 12	$0.01	$0.38	$0.39	$82.11	$82.89	0.47%
$82.00	Aug 14	$0.36	$0.21	$0.57	$81.43	$82.57	0.69%
$82.50	Aug 14	$0.13	$0.48	$0.61	$81.89	$83.11	0.74%
$81.50	Aug 12	$0.63	$0.01	$0.64	$80.86	$82.14	0.78%
$82.00	Aug 17	$0.43	$0.26	$0.69	$81.31	$82.69	0.84%
$82.50	Aug 17	$0.19	$0.52	$0.71	$81.79	$83.21	0.86%
$81.50	Aug 14	$0.74	$0.08	$0.82	$80.68	$82.32	1.00%
$82.00	Aug 19	$0.53	$0.35	$0.88	$81.12	$82.88	1.07%
$82.50	Aug 19	$0.28	$0.60	$0.88	$81.62	$83.38	1.07%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 239 found (cheapest 0.04% of stock, avg 0.85%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$82.00	Aug 12	$0.01	$0.02	$0.03	$81.97	$82.53
$83.50	$80.50	Aug 17	$0.03	$0.03	$0.06	$80.44	$83.56
$84.00	$80.00	Aug 19	$0.03	$0.04	$0.07	$79.93	$84.07
$83.00	$81.00	Aug 14	$0.05	$0.03	$0.08	$80.92	$83.08
$84.00	$80.50	Aug 19	$0.03	$0.06	$0.09	$80.41	$84.09
$83.50	$81.00	Aug 17	$0.03	$0.06	$0.09	$80.91	$83.59
$84.50	$80.00	Aug 21	$0.04	$0.06	$0.10	$79.90	$84.60
$83.50	$80.00	Aug 19	$0.06	$0.04	$0.10	$79.90	$83.60
$83.00	$80.50	Aug 17	$0.07	$0.03	$0.10	$80.40	$83.10
$84.50	$80.00	Aug 24	$0.04	$0.07	$0.11	$79.89	$84.61

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 11 found (best R:R 1.27, avg credit $0.26)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	84/84	Sep 25	$0.28	$0.22	37%	1.27	$80.22	$83.78
80/80	84/84	Sep 25	$0.25	$0.25	42%	1.00	$80.25	$84.25
80/80	83/84	Sep 11	$0.27	$0.23	37%	1.17	$80.23	$83.27
80/80	84/84	Sep 11	$0.22	$0.28	45%	0.79	$80.28	$83.72
80/81	83/84	Sep 4	$0.27	$0.23	34%	1.17	$80.73	$83.27
80/81	84/84	Sep 4	$0.23	$0.27	42%	0.85	$80.77	$83.73
81/82	83/84	Aug 26	$0.25	$0.25	37%	1.00	$81.25	$83.25
81/82	83/84	Aug 24	$0.22	$0.28	41%	0.79	$81.28	$83.22
81/82	83/84	Aug 28	$0.26	$0.24	33%	1.08	$81.24	$83.26
79/80	85/86	Sep 18	$0.27	$0.73	60%	0.37	$79.73	$85.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 90 found (best R:R 2.85, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 12	$0.13	$0.37	78%	2.85
$80.00	$81.00	$82.00	Sep 18	$0.11	$0.89	30%	8.09
$79.00	$80.00	$81.00	Sep 18	$0.09	$0.91	24%	10.11
$81.00	$81.50	$82.00	Aug 14	$0.07	$0.43	35%	6.14
$81.50	$82.00	$82.50	Aug 12	$0.36	$0.14	90%	0.39

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 12	$0.14	$0.36	78%	2.57
$81.50	$82.00	$82.50	Aug 12	$0.35	$0.15	91%	0.43
$80.00	$81.00	$82.00	Sep 18	$0.12	$0.88	27%	7.33
$81.50	$82.00	$82.50	Aug 14	$0.14	$0.36	52%	2.57
$79.00	$80.00	$81.00	Sep 18	$0.09	$0.91	21%	10.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 136 found (best net $-1.30, 122 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Aug 28	-$1.30	$1.70
$71.00	$75.00	1:2	Sep 18	-$3.39	$0.61
$81.00	$81.50	1:2	Aug 12	-$0.13	$0.37
$81.50	$82.00	1:2	Aug 17	-$0.07	$0.43
$83.00	$84.00	1:2	Sep 18	-$0.10	$0.90

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$83.00	$82.50	1:2	Aug 14	-$0.06	$0.44
$83.00	$82.50	1:2	Aug 17	-$0.13	$0.37
$82.50	$82.00	1:2	Aug 19	-$0.10	$0.40
$83.50	$83.00	1:2	Aug 12	-$0.38	$0.12
$83.00	$82.50	1:2	Aug 19	-$0.25	$0.25

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 52 found (best yield 1.29%, avg 0.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Sep 25	$1.06	0.43	0.5%	1.29%	1.74%	44	160
$83.00	Sep 25	$0.83	0.37	1.1%	1.01%	2.07%	16	194
$83.50	Sep 25	$0.64	0.31	1.7%	0.78%	2.45%	42	150
$83.00	Sep 18	$0.71	0.36	1.1%	0.86%	1.92%	1.5K	45.0K
$84.00	Sep 25	$0.49	0.26	2.3%	0.60%	2.87%	49	144
$82.50	Sep 11	$0.79	0.42	0.5%	0.96%	1.41%	18	1.4K
$83.00	Sep 11	$0.58	0.34	1.1%	0.71%	1.77%	55	2.6K
$84.50	Sep 25	$0.37	0.21	2.9%	0.45%	3.34%	47	337
$84.00	Sep 18	$0.40	0.24	2.3%	0.49%	2.76%	2.3K	19.8K
$82.50	Sep 4	$0.68	0.41	0.5%	0.83%	1.28%	28	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 193,200

Total Puts 73,972

Put/Call Ratio 0.38

Net Difference 119,228

Prior's Put/Call Breakdown

Total Calls 270,418

Total Puts 111,701

Put/Call Ratio 0.41

Net Difference 158,717

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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