TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.61 +0.60%

(8/13 11:00) ◀

Thursday, August 13, 2026 (12:00pm)

▶ (8/13 13:00)

◀ 8/13 12:00 ▶

Option Volume

Detail

ℹ

Current (08/13 12:00pm) 415,063

Calls: 168,669 (41%)

Puts: 246,394 (59%)

Prior (08/12) 151,094

Calls: 115,756 (77%)

Puts: 35,338 (23%)

Current vs Prior +174.71%

Calls: +45.71% (Calls)

Puts: +597.25% (Puts)

Prior 7-Day Total 2,727,948

Calls: 1,793,168 (66%)

Puts: 934,780 (34%)

Prior 7-Day Average 389,706

Calls: 256,166 (66%)

Puts: 133,540 (34%)

Current vs Prior 7-Day Avg +6.51%

Calls: -34.16%

Puts: +84.51%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/13 12:00pm) $60.58M

Calls: $44.34M (73%)

Puts: $16.24M (27%)

Prior (08/12) $36.13M

Calls: $33.77M (93%)

Puts: $2.36M (7%)

Current vs Prior +67.68%

Calls: +31.32%

Puts: +586.79%

Prior 7-Day Total $483.31M

Calls: $429.70M (89%)

Puts: $53.61M (11%)

Prior 7-Day Average $69.04M

Calls: $61.39M (89%)

Puts: $7.66M (11%)

Current vs Prior 7-Day Avg -12.25%

Calls: -27.77%

Puts: +112.08%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/13 12:00pm) 1.46

Prior (08/12) 0.31

Current vs Prior +378.52%

Prior 7-Day Average 0.53

Current vs Prior 7-Day Avg +176.62%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/13 12:00pm) 3,254,047

Calls: 1,753,472 (54%)

Puts: 1,500,575 (46%)

Prior (08/12) 3,413,407

Calls: 1,835,914 (54%)

Puts: 1,577,493 (46%)

Current vs Prior -4.67%

Prior 7-Day Total 22,732,746

Calls: 12,308,297 (54%)

Puts: 10,424,449 (46%)

Prior 7-Day Average 3,247,535

Calls: 1,758,328 (54%)

Puts: 1,489,207 (46%)

Current vs Prior 7-Day Avg +0.20%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 0.88% | 1.03%0.88% | 1.43%1.03% | 3.20%

Prior 1.01% | 1.14%1.01% | 1.55%1.14% | 3.41%

Current vs Prior -12.58% | -10.12%-12.57% | -7.65%-10.12% | -6.29%

Prior 7-Day Avg 0.92% | 1.17%1.03% | 1.63%1.51% | 3.54%

Current vs 7-Day Avg -4.31% | -12.14%-14.00% | -12.28%-31.68% | -9.72%

Prior 7-Day Eod 1.01% | 1.14%1.04% | 1.56%1.14% | 3.41%

Current vs 7-Day Eod -12.58% | -10.12%-14.63% | -8.37%-10.12% | -6.29%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.12% | 3.43%

Calls: 3.57% | 2.78%

Puts: 6.67% | 4.08%

Prior 3.51% | 2.17%

Calls: 2.86% | 2.44%

Puts: 4.17% | 1.89%

Current vs Prior +45.87% | +58.06%

Prior 7-Day Avg 5.21% | 3.53%

Calls: 4.98% | 3.06%

Puts: 5.43% | 4.01%

Current vs 7-Day Avg -1.67% | -2.91%

Liquidity Acceptable

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🤖 AI Insights

Moderately bullish flow with 73% call dollar volume ($44.34M). Elevated premium activity with dollar volume up 68% vs prior. Unusually high activity with volume up 175% vs prior - elevated interest. Bearish P/C ratio of 1.46 indicates protective positioning.

Smart Money BULLISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BEARISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

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	BEARISH	BEARISH
11:00	BULLISH	BEARISH	BEARISH
10:00	BEARISH	BEARISH	BEARISH

📈 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 277 of results (avg 3.0%, best 0.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 25	1.84	1.85	$1.85	0.5%	21	0.65	49
$82.00	Sep 25	1.51	1.52	$1.52	0.7%	--	0.57	34
$82.00	Sep 18	1.39	1.40	$1.40	0.7%	581	0.58	61.3K
$82.00	Sep 11	1.27	1.28	$1.27	0.8%	76	0.59	639
$81.00	Sep 25	2.20	2.22	$2.21	0.9%	13	0.73	13

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 25	1.05	1.06	$1.06	0.9%	183	0.52	73
$98.00	Sep 18	15.45	15.60	$15.52	1.0%	--	0.99	16
$84.00	Sep 25	1.93	1.95	$1.94	1.0%	50	0.70	222
$97.00	Sep 18	14.45	14.60	$14.52	1.0%	--	0.99	298
$84.00	Sep 18	1.88	1.90	$1.89	1.1%	1.1K	0.72	14.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 137 found (avg $0.35, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 14	0.06	0.07	$0.07	14.3%	12.2K	0.23	55.2K
$83.00	Aug 17	0.12	0.13	$0.13	7.7%	1.8K	0.29	1.9K
$82.50	Aug 14	0.27	0.28	$0.28	3.6%	5.0K	0.60	14.5K
$83.50	Aug 19	0.08	0.09	$0.09	11.1%	847	0.17	1.6K
$84.00	Aug 21	0.06	0.07	$0.07	14.3%	949	0.12	38.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 14	0.14	0.15	$0.15	6.7%	9.1K	0.41	5.6K
$82.00	Aug 17	0.07	0.08	$0.08	12.5%	483	0.19	2.8K
$82.50	Aug 17	0.21	0.22	$0.22	4.5%	1.3K	0.43	672
$81.50	Aug 19	0.06	0.07	$0.07	14.3%	42	0.13	1.3K
$83.00	Aug 14	0.43	0.46	$0.45	6.7%	2.5K	0.78	8.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 195 found (avg delta 0.87, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Aug 19	3.60	3.70	$3.65	2.7%	--	1.00	33
$76.00	Sep 4	6.70	6.85	$6.78	2.2%	--	1.00	20
$78.00	Sep 4	4.70	4.85	$4.78	3.1%	--	1.00	222
$78.50	Sep 4	4.20	4.35	$4.28	3.5%	--	1.00	17
$79.00	Sep 4	3.75	3.85	$3.80	2.6%	2	1.00	48

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Aug 14	1.37	1.43	$1.40	4.3%	20	1.00	23
$84.50	Aug 14	1.89	1.93	$1.91	2.1%	215	1.00	207
$87.00	Aug 14	4.30	4.50	$4.40	4.5%	2	1.00	--
$86.50	Aug 17	3.85	3.95	$3.90	2.6%	1	1.00	--
$87.00	Aug 17	4.35	4.45	$4.40	2.3%	9	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 368 active (total vol 414.1K, top 79.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$76.00	Aug 28	6.70	6.80	$6.75	1.5%	28.3K	0.99	206
$77.00	Aug 28	5.70	5.80	$5.75	1.7%	19.3K	0.98	7
$83.00	Aug 14	0.06	0.07	$0.07	14.3%	12.2K	0.23	55.2K
$83.00	Aug 21	0.30	0.31	$0.31	3.2%	12.1K	0.38	35.2K
$75.00	Aug 28	7.70	7.80	$7.75	1.3%	11.4K	0.99	242

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 18	0.45	0.46	$0.46	2.2%	79.1K	0.29	187.5K
$82.00	Sep 18	0.76	0.78	$0.77	2.6%	76.5K	0.44	143.5K
$83.00	Sep 18	1.23	1.25	$1.24	1.6%	33.5K	0.59	108.9K
$77.00	Sep 18	0.06	0.07	$0.07	14.3%	10.1K	0.05	58.3K
$82.50	Aug 14	0.14	0.15	$0.15	6.7%	9.1K	0.41	5.6K

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 26.0%, max 26.0%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 14	Sep 25	10.7%	8.5%	26.0%	5.9K	14.7K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 14	Sep 25	10.7%	8.5%	26.0%	9.3K	5.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 79 found (best R:R 1.13, avg 1.82)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$82.50	Aug 21	$0.33	$0.17	$0.33	71%	0.52	$82.33
$85.00	$86.00	Sep 18	$0.11	$0.89	$0.11	17%	8.09	$85.11
$82.00	$82.50	Aug 24	$0.33	$0.17	$0.33	70%	0.52	$82.33
$84.00	$84.50	Sep 11	$0.11	$0.39	$0.11	25%	3.55	$84.11
$82.00	$82.50	Aug 28	$0.32	$0.18	$0.32	66%	0.56	$82.32

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 18	$0.47	$0.53	$0.47	59%	1.13	$82.53
$82.50	$82.00	Sep 25	$0.21	$0.29	$0.21	52%	1.38	$82.29
$82.00	$81.00	Sep 18	$0.31	$0.69	$0.31	44%	2.23	$81.69
$82.00	$81.50	Sep 11	$0.16	$0.34	$0.16	43%	2.12	$81.84
$83.00	$82.50	Aug 26	$0.24	$0.26	$0.24	60%	1.08	$82.76

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 42 found (best R:R 0.61, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 18	$0.38	$0.38	$0.62	58%	0.61	$83.38
$84.00	$85.00	Sep 18	$0.22	$0.22	$0.78	72%	0.28	$84.22
$83.50	$84.00	Sep 25	$0.19	$0.19	$0.31	64%	0.61	$83.69
$83.50	$84.00	Sep 4	$0.15	$0.15	$0.35	69%	0.43	$83.65
$83.00	$83.50	Aug 21	$0.16	$0.16	$0.34	62%	0.47	$83.16

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$82.00	Aug 14	$0.11	$0.11	$0.39	60%	0.28	$82.39
$82.50	$82.00	Aug 17	$0.14	$0.14	$0.36	56%	0.39	$82.36
$82.00	$81.50	Aug 26	$0.12	$0.12	$0.38	68%	0.32	$81.88
$82.00	$81.50	Aug 24	$0.10	$0.10	$0.40	70%	0.25	$81.90
$81.50	$81.00	Sep 11	$0.14	$0.14	$0.36	66%	0.39	$81.36

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.08, cheapest $0.07)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Aug 14	Aug 17	$0.08	10.7%	7.5%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Aug 14	Aug 17	$0.07	10.7%	7.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 177 found (cheapest 0.52% of stock, avg 3.81%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Aug 14	$0.28	$0.15	$0.43	$82.07	$82.93	0.52%
$83.00	Aug 14	$0.07	$0.45	$0.52	$82.48	$83.52	0.63%
$82.50	Aug 17	$0.36	$0.22	$0.58	$81.92	$83.08	0.70%
$83.00	Aug 17	$0.13	$0.49	$0.62	$82.38	$83.62	0.75%
$82.00	Aug 14	$0.67	$0.04	$0.71	$81.29	$82.71	0.86%
$82.50	Aug 19	$0.46	$0.30	$0.76	$81.74	$83.26	0.92%
$83.00	Aug 19	$0.22	$0.56	$0.78	$82.22	$83.78	0.94%
$82.00	Aug 17	$0.71	$0.08	$0.79	$81.21	$82.79	0.96%
$83.50	Aug 14	$0.02	$0.91	$0.93	$82.57	$84.43	1.13%
$82.50	Aug 21	$0.56	$0.37	$0.93	$81.57	$83.43	1.13%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 223 found (cheapest 0.05% of stock, avg 0.75%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.50	$81.50	Aug 14	$0.02	$0.02	$0.04	$81.46	$83.54
$83.50	$82.00	Aug 14	$0.02	$0.04	$0.06	$81.94	$83.56
$84.50	$81.00	Aug 19	$0.03	$0.04	$0.07	$80.93	$84.57
$84.00	$81.00	Aug 19	$0.04	$0.04	$0.08	$80.92	$84.08
$85.00	$80.50	Aug 24	$0.04	$0.05	$0.09	$80.41	$85.09
$84.50	$80.50	Aug 21	$0.05	$0.04	$0.09	$80.41	$84.59
$83.50	$81.50	Aug 17	$0.05	$0.04	$0.09	$81.41	$83.59
$85.00	$80.00	Aug 26	$0.05	$0.05	$0.10	$79.90	$85.10
$84.50	$80.50	Aug 24	$0.05	$0.05	$0.10	$80.40	$84.60
$84.50	$81.50	Aug 19	$0.03	$0.07	$0.10	$81.40	$84.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 11 found (best R:R 1.08, avg credit $0.28)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/84	Sep 25	$0.26	$0.24	40%	1.08	$80.74	$84.26
81/82	84/84	Sep 4	$0.27	$0.23	37%	1.17	$81.23	$83.77
81/82	84/84	Sep 11	$0.29	$0.21	33%	1.38	$81.21	$83.79
81/82	84/84	Sep 11	$0.25	$0.25	40%	1.00	$81.25	$84.25
81/82	84/84	Sep 4	$0.22	$0.28	46%	0.79	$81.28	$84.22
82/82	84/84	Aug 26	$0.23	$0.27	41%	0.85	$81.77	$83.73
82/82	84/84	Aug 28	$0.25	$0.25	36%	1.00	$81.75	$83.75
79/80	84/85	Sep 18	$0.33	$0.67	54%	0.49	$79.67	$84.33
79/80	85/86	Sep 18	$0.22	$0.78	65%	0.28	$79.78	$85.22
80/81	84/85	Sep 18	$0.41	$0.59	43%	0.69	$80.59	$84.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 87 found (best R:R 13.29, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$79.00	$80.00	$81.00	Sep 11	$0.07	$0.93	23%	13.29
$81.00	$82.00	$83.00	Sep 18	$0.14	$0.86	33%	6.14
$80.00	$81.00	$82.00	Sep 18	$0.12	$0.88	30%	7.33
$82.00	$82.50	$83.00	Aug 17	$0.12	$0.38	52%	3.17
$82.00	$82.50	$83.00	Aug 14	$0.18	$0.32	65%	1.78

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 14	$0.19	$0.31	65%	1.63
$82.00	$82.50	$83.00	Aug 17	$0.13	$0.37	52%	2.85
$80.00	$81.00	$82.00	Sep 18	$0.12	$0.88	26%	7.33
$84.00	$85.00	$86.00	Sep 18	$0.07	$0.93	18%	13.29
$81.50	$82.00	$82.50	Aug 19	$0.07	$0.43	32%	6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 121 found (best net $-1.78, 110 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 11	-$1.78	$1.22
$78.00	$80.00	1:2	Aug 24	-$0.76	$1.24
$81.50	$82.00	1:2	Aug 14	-$0.20	$0.30
$83.00	$84.00	1:2	Sep 18	-$0.08	$0.92
$82.00	$83.00	1:2	Sep 18	-$0.28	$0.72

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$84.50	$83.50	1:2	Aug 19	$0.00	$1.00
$83.50	$83.00	1:2	Aug 19	-$0.17	$0.33
$83.00	$82.00	1:2	Sep 18	-$0.30	$0.70
$82.00	$81.00	1:2	Sep 18	-$0.15	$0.85
$83.00	$82.50	1:2	Aug 21	-$0.12	$0.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 48 found (best yield 1.15%, avg 0.32%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Sep 25	$0.95	0.43	0.5%	1.15%	1.62%	317	196
$83.50	Sep 25	$0.74	0.36	1.1%	0.90%	1.97%	32	191
$83.00	Sep 18	$0.83	0.42	0.5%	1.00%	1.48%	4.4K	45.4K
$84.00	Sep 25	$0.56	0.30	1.7%	0.68%	2.36%	114	173
$84.50	Sep 25	$0.41	0.24	2.3%	0.50%	2.78%	29	371
$83.00	Sep 11	$0.70	0.41	0.5%	0.85%	1.32%	390	2.6K
$84.00	Sep 18	$0.45	0.28	1.7%	0.54%	2.23%	1.2K	19.5K
$83.50	Sep 11	$0.50	0.33	1.1%	0.61%	1.68%	304	1.0K
$85.00	Sep 25	$0.31	0.19	2.9%	0.38%	3.27%	227	363
$83.00	Sep 4	$0.60	0.40	0.5%	0.73%	1.20%	404	5.1K

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 168,669

Total Puts 246,394

Put/Call Ratio 1.46

Net Difference -77,725

Prior's Put/Call Breakdown

Total Calls 115,756

Total Puts 35,338

Put/Call Ratio 0.31

Net Difference 80,418

Prior 7-Day Put/Call Summary

Total Calls 1,793,168

Total Puts 934,780

Average Put/Call Ratio 0.53

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

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📈 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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