TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.54 +0.52%

(8/13 12:00) ◀

Thursday, August 13, 2026 (1:00pm)

▶ (8/13 14:00)

◀ 8/13 13:00 ▶

Option Volume

Detail

ℹ

Current (08/13 1:00pm) 485,300

Calls: 227,187 (47%)

Puts: 258,113 (53%)

Prior (08/12) 198,374

Calls: 156,884 (79%)

Puts: 41,490 (21%)

Current vs Prior +144.64%

Calls: +44.81% (Calls)

Puts: +522.11% (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 +24.53%

Calls: -11.31%

Puts: +93.29%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/13 1:00pm) $95.31M

Calls: $78.02M (82%)

Puts: $17.29M (18%)

Prior (08/12) $55.94M

Calls: $53.28M (95%)

Puts: $2.66M (5%)

Current vs Prior +70.36%

Calls: +46.42%

Puts: +550.09%

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 +38.04%

Calls: +27.10%

Puts: +125.72%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/13 1:00pm) 1.14

Prior (08/12) 0.26

Current vs Prior +329.60%

Prior 7-Day Average 0.53

Current vs Prior 7-Day Avg +115.14%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/13 1:00pm) 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% | 3.19%

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

Current vs Prior -12.51% | -10.05%-12.50% | -7.57%-10.05% | -6.56%

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

Current vs 7-Day Avg -4.23% | -12.06%-13.94% | -12.20%-31.62% | -9.99%

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

Current vs 7-Day Eod -12.51% | -10.05%-14.57% | -8.29%-10.05% | -6.56%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.14% | 3.45%

Calls: 4.17% | 3.13%

Puts: 6.12% | 3.77%

Prior 3.51% | 2.17%

Calls: 2.86% | 2.44%

Puts: 4.17% | 1.89%

Current vs Prior +46.44% | +58.99%

Prior 7-Day Avg 5.21% | 3.53%

Calls: 4.98% | 3.06%

Puts: 5.43% | 4.01%

Current vs 7-Day Avg -1.29% | -2.35%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($78.02M) vs puts ($17.29M). Elevated premium activity with dollar volume up 70% vs prior. Unusually high activity with volume up 145% vs prior - elevated interest. Slightly bearish P/C ratio of 1.14.

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 NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

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	BEARISH	BEARISH
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 282 of results (avg 3.1%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 25	1.80	1.81	$1.81	0.6%	21	0.64	49
$82.00	Sep 25	1.47	1.48	$1.48	0.7%	--	0.56	34
$82.00	Sep 18	1.35	1.36	$1.36	0.7%	699	0.57	61.3K
$82.50	Sep 25	1.18	1.19	$1.19	0.8%	908	0.47	193
$81.00	Sep 25	2.15	2.17	$2.16	0.9%	13	0.72	13

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 28	1.12	1.13	$1.13	0.9%	431	0.71	4.0K
$98.00	Sep 18	15.50	15.65	$15.58	1.0%	--	0.99	16
$84.00	Sep 25	1.98	2.00	$1.99	1.0%	55	0.71	222
$97.00	Sep 18	14.50	14.65	$14.58	1.0%	--	0.99	298
$84.00	Sep 18	1.92	1.94	$1.93	1.0%	1.1K	0.73	14.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 136 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%	13.6K	0.20	55.2K
$83.00	Aug 17	0.10	0.11	$0.11	9.1%	1.9K	0.26	1.9K
$82.50	Aug 14	0.23	0.24	$0.24	4.2%	5.4K	0.56	14.5K
$83.50	Aug 19	0.07	0.08	$0.08	12.5%	854	0.15	1.6K
$82.50	Aug 17	0.31	0.32	$0.32	3.1%	348	0.53	876

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 14	0.15	0.17	$0.16	12.5%	9.3K	0.45	5.6K
$82.00	Aug 17	0.08	0.09	$0.09	11.1%	523	0.21	2.8K
$82.50	Aug 17	0.23	0.24	$0.24	4.2%	1.3K	0.47	672
$81.50	Aug 19	0.07	0.08	$0.08	12.5%	47	0.14	1.3K
$82.00	Aug 19	0.15	0.16	$0.16	6.3%	220	0.27	1.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 200 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$76.00	Sep 4	6.65	6.80	$6.73	2.2%	--	1.00	20
$78.00	Sep 4	4.65	4.80	$4.72	3.2%	--	1.00	222
$78.50	Sep 4	4.15	4.30	$4.22	3.6%	--	1.00	17
$79.00	Sep 4	3.70	3.80	$3.75	2.7%	4	1.00	48
$75.00	Sep 11	7.65	7.80	$7.73	1.9%	--	1.00	11

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Aug 14	1.43	1.49	$1.46	4.1%	20	1.00	23
$84.50	Aug 14	1.93	1.98	$1.96	2.6%	215	1.00	207
$87.00	Aug 14	4.40	4.50	$4.45	2.2%	2	1.00	--
$86.50	Aug 17	3.90	4.00	$3.95	2.5%	1	1.00	--
$87.00	Aug 17	4.40	4.50	$4.45	2.2%	9	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 387 active (total vol 484.1K, top 79.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$76.00	Aug 28	6.65	6.80	$6.73	2.2%	50.8K	0.99	206
$75.00	Aug 28	7.65	7.75	$7.70	1.3%	30.6K	0.99	242
$77.00	Aug 28	5.65	5.80	$5.73	2.6%	22.4K	0.98	7
$83.00	Aug 14	0.05	0.06	$0.06	16.7%	13.6K	0.20	55.2K
$83.00	Aug 21	0.27	0.28	$0.28	3.6%	12.1K	0.35	35.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 18	0.47	0.48	$0.48	2.1%	79.8K	0.30	187.5K
$82.00	Sep 18	0.79	0.80	$0.80	1.3%	76.6K	0.45	143.5K
$83.00	Sep 18	1.26	1.29	$1.27	2.4%	34.1K	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	0.15	0.17	$0.16	12.5%	9.3K	0.45	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 23.6%, max 23.6%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 14	Sep 25	10.4%	8.4%	23.6%	6.3K	14.7K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 14	Sep 25	10.4%	8.4%	23.6%	9.5K	5.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 77 found (best R:R 1.13, avg 1.86)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$82.50	Aug 24	$0.32	$0.18	$0.32	69%	0.56	$82.32
$83.50	$84.00	Sep 11	$0.14	$0.36	$0.14	32%	2.57	$83.64
$82.00	$82.50	Aug 21	$0.33	$0.17	$0.33	70%	0.52	$82.33
$85.00	$86.00	Sep 18	$0.11	$0.89	$0.11	16%	8.09	$85.11
$83.50	$84.00	Aug 28	$0.12	$0.38	$0.12	29%	3.17	$83.62

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	60%	1.13	$82.53
$82.50	$82.00	Sep 25	$0.21	$0.29	$0.21	53%	1.38	$82.29
$82.00	$81.00	Sep 18	$0.32	$0.68	$0.32	45%	2.12	$81.68
$83.00	$82.50	Aug 17	$0.29	$0.21	$0.29	74%	0.72	$82.71
$83.00	$82.50	Aug 19	$0.27	$0.23	$0.27	68%	0.85	$82.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 42 found (best R:R 0.59, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 18	$0.37	$0.37	$0.63	59%	0.59	$83.37
$84.00	$85.00	Sep 18	$0.22	$0.22	$0.78	73%	0.28	$84.22
$83.00	$83.50	Sep 11	$0.20	$0.20	$0.30	60%	0.67	$83.20
$83.00	$83.50	Aug 19	$0.12	$0.12	$0.38	68%	0.32	$83.12
$83.00	$83.50	Aug 28	$0.19	$0.19	$0.31	60%	0.61	$83.19

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$82.00	Aug 14	$0.12	$0.12	$0.38	55%	0.32	$82.38
$82.50	$82.00	Aug 17	$0.15	$0.15	$0.35	53%	0.43	$82.35
$82.50	$82.00	Aug 19	$0.17	$0.17	$0.33	52%	0.52	$82.33
$82.00	$81.50	Aug 21	$0.10	$0.10	$0.40	70%	0.25	$81.90
$82.00	$81.50	Aug 26	$0.12	$0.12	$0.38	66%	0.32	$81.88

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

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Aug 14	Aug 17	$0.08	10.4%	7.3%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Aug 14	Aug 17	$0.08	10.4%	7.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 182 found (cheapest 0.48% of stock, avg 3.85%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Aug 14	$0.24	$0.16	$0.40	$82.10	$82.90	0.48%
$83.00	Aug 14	$0.06	$0.49	$0.55	$82.45	$83.55	0.67%
$82.50	Aug 17	$0.32	$0.24	$0.56	$81.94	$83.06	0.68%
$83.00	Aug 17	$0.11	$0.53	$0.64	$82.36	$83.64	0.78%
$82.00	Aug 14	$0.62	$0.04	$0.66	$81.34	$82.66	0.80%
$82.50	Aug 19	$0.42	$0.33	$0.75	$81.75	$83.25	0.91%
$82.00	Aug 17	$0.67	$0.09	$0.76	$81.24	$82.76	0.92%
$83.00	Aug 19	$0.20	$0.60	$0.80	$82.20	$83.80	0.97%
$82.50	Aug 21	$0.52	$0.39	$0.91	$81.59	$83.41	1.10%
$82.00	Aug 19	$0.76	$0.16	$0.92	$81.08	$82.92	1.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 218 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
$84.50	$80.50	Aug 21	$0.04	$0.04	$0.08	$80.42	$84.58
$84.00	$81.00	Aug 19	$0.04	$0.04	$0.08	$80.92	$84.08
$83.50	$81.50	Aug 17	$0.04	$0.04	$0.08	$81.42	$83.58
$83.00	$81.50	Aug 14	$0.06	$0.02	$0.08	$81.42	$83.08
$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
$83.00	$82.00	Aug 14	$0.06	$0.04	$0.10	$81.90	$83.10

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 0.79, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/84	Sep 11	$0.22	$0.28	48%	0.79	$80.78	$84.22
80/81	84/84	Sep 11	$0.25	$0.25	40%	1.00	$80.75	$83.75
80/81	84/84	Sep 25	$0.25	$0.25	40%	1.00	$80.75	$84.25
81/82	84/84	Sep 4	$0.26	$0.24	37%	1.08	$81.24	$83.76
82/82	84/84	Aug 26	$0.22	$0.28	41%	0.79	$81.78	$83.72
82/82	84/84	Aug 28	$0.24	$0.26	36%	0.92	$81.76	$83.74
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	$0.42	$0.58	43%	0.72	$80.58	$84.42
80/81	85/86	Sep 18	$0.31	$0.69	54%	0.45	$80.69	$85.31

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 84 found (best R:R 5.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$82.00	$83.00	Sep 18	$0.15	$0.85	33%	5.67
$82.00	$82.50	$83.00	Aug 14	$0.20	$0.30	67%	1.50
$81.50	$82.00	$82.50	Aug 14	$0.08	$0.42	39%	5.25
$80.00	$81.00	$82.00	Sep 18	$0.14	$0.86	30%	6.14
$82.00	$82.50	$83.00	Aug 17	$0.14	$0.36	53%	2.57

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 14	$0.21	$0.29	68%	1.38
$82.00	$82.50	$83.00	Aug 17	$0.14	$0.36	53%	2.57
$82.50	$83.00	$83.50	Aug 14	$0.14	$0.36	52%	2.57
$80.00	$81.00	$82.00	Sep 18	$0.12	$0.88	26%	7.33
$82.00	$82.50	$83.00	Aug 19	$0.10	$0.40	41%	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. 120 found (best net $-1.71, 107 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 11	-$1.71	$1.29
$81.50	$82.00	1:2	Aug 14	-$0.16	$0.34
$71.00	$75.00	1:2	Sep 18	-$3.78	$0.22
$83.00	$84.00	1:2	Sep 18	-$0.08	$0.92
$81.50	$82.00	1:2	Aug 17	-$0.22	$0.28

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$83.50	$83.00	1:2	Aug 17	-$0.09	$0.41
$83.00	$82.50	1:2	Aug 19	-$0.06	$0.44
$83.00	$82.00	1:2	Sep 18	-$0.33	$0.67
$83.50	$83.00	1:2	Aug 19	-$0.21	$0.29
$82.00	$81.00	1:2	Sep 18	-$0.16	$0.84

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 46 found (best yield 1.11%, avg 0.31%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Sep 25	$0.92	0.42	0.6%	1.11%	1.67%	317	196
$83.50	Sep 25	$0.71	0.35	1.2%	0.86%	2.02%	162	191
$83.00	Sep 18	$0.81	0.41	0.6%	0.98%	1.54%	5.2K	45.4K
$84.00	Sep 25	$0.54	0.29	1.8%	0.65%	2.42%	115	173
$84.50	Sep 25	$0.40	0.24	2.4%	0.48%	2.86%	35	371
$83.00	Sep 11	$0.68	0.40	0.6%	0.82%	1.38%	392	2.6K
$84.00	Sep 18	$0.44	0.27	1.8%	0.53%	2.30%	2.4K	19.5K
$83.50	Sep 11	$0.48	0.32	1.2%	0.58%	1.74%	304	1.0K
$85.00	Sep 25	$0.30	0.19	3.0%	0.36%	3.34%	228	363
$83.00	Sep 4	$0.57	0.39	0.6%	0.69%	1.25%	441	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 227,187

Total Puts 258,113

Put/Call Ratio 1.14

Net Difference -30,926

Prior's Put/Call Breakdown

Total Calls 156,884

Total Puts 41,490

Put/Call Ratio 0.26

Net Difference 115,394

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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