TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.86 -0.89%

(8/14 11:00) ◀

Friday, August 14, 2026 (12:00pm)

▶ (8/14 13:00)

◀ 8/14 12:00 ▶

Option Volume

Detail

ℹ

Current (08/14 12:00pm) 240,226

Calls: 87,350 (36%)

Puts: 152,876 (64%)

Prior (08/13) 415,063

Calls: 168,669 (41%)

Puts: 246,394 (59%)

Current vs Prior -42.12%

Calls: -48.21% (Calls)

Puts: -37.95% (Puts)

Prior 7-Day Total 2,990,544

Calls: 1,887,529 (63%)

Puts: 1,103,015 (37%)

Prior 7-Day Average 427,220

Calls: 269,647 (63%)

Puts: 157,573 (37%)

Current vs Prior 7-Day Avg -43.77%

Calls: -67.61%

Puts: -2.98%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/14 12:00pm) $19.55M

Calls: $4.11M (21%)

Puts: $15.44M (79%)

Prior (08/13) $60.58M

Calls: $44.34M (73%)

Puts: $16.24M (27%)

Current vs Prior -67.73%

Calls: -90.72%

Puts: -4.96%

Prior 7-Day Total $575.14M

Calls: $507.91M (88%)

Puts: $67.23M (12%)

Prior 7-Day Average $82.16M

Calls: $72.56M (88%)

Puts: $9.60M (12%)

Current vs Prior 7-Day Avg -76.21%

Calls: -94.33%

Puts: +60.72%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (08/14 12:00pm) 1.75

Prior (08/13) 1.46

Current vs Prior +19.81%

Prior 7-Day Average 0.58

Current vs Prior 7-Day Avg +200.63%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/14 12:00pm) 3,241,269

Calls: 1,792,947 (55%)

Puts: 1,448,322 (45%)

Prior (08/13) 3,254,047

Calls: 1,753,472 (54%)

Puts: 1,500,575 (46%)

Current vs Prior -0.39%

Prior 7-Day Total 22,767,588

Calls: 12,290,855 (54%)

Puts: 10,476,733 (46%)

Prior 7-Day Average 3,252,512

Calls: 1,755,836 (54%)

Puts: 1,496,676 (46%)

Current vs Prior 7-Day Avg -0.35%

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 0.70% | 0.95%0.70% | 1.54%0.95% | 3.54%

Prior 0.82% | 1.00%0.82% | 1.39%1.00% | 3.18%

Current vs Prior -15.43% | -5.19%-15.43% | +10.54%-5.19% | +11.25%

Prior 7-Day Avg 0.92% | 1.14%0.97% | 1.57%1.38% | 3.45%

Current vs 7-Day Avg -24.06% | -16.45%-28.29% | -2.08%-31.07% | +2.69%

Prior 7-Day Eod 0.82% | 1.00%0.86% | 1.42%1.02% | 3.21%

Current vs 7-Day Eod -15.43% | -5.19%-19.01% | +8.65%-6.32% | +10.41%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 10.52% | 3.75%

Calls: 15.79% | 4.26%

Puts: 5.26% | 3.23%

Prior 6.62% | 4.50%

Calls: 4.35% | 3.13%

Puts: 8.89% | 5.88%

Current vs Prior +58.91% | -16.67%

Prior 7-Day Avg 5.33% | 3.76%

Calls: 4.85% | 3.04%

Puts: 5.81% | 4.49%

Current vs 7-Day Avg +97.32% | -0.34%

Liquidity Acceptable

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🤖 AI Insights

Strong bearish conviction with 79% of dollar volume in puts ($15.44M) vs calls ($4.11M). Light premium activity with dollar volume down 68% vs prior. Below-average activity with volume down 42% vs prior. Extreme bearish P/C ratio of 1.75 - heavy put buying.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
12:00	BEARISH	BEARISH	BEARISH
11:00	BEARISH	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 318 of results (avg 2.9%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 18	1.65	1.66	$1.65	0.6%	1.3K	0.60	1.8K
$81.00	Sep 11	1.52	1.53	$1.53	0.7%	15	0.62	87
$81.00	Aug 28	1.32	1.33	$1.33	0.8%	4	0.69	694
$80.00	Sep 25	2.49	2.51	$2.50	0.8%	1	0.73	2
$81.50	Sep 4	1.08	1.09	$1.09	0.9%	2	0.54	106

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 11	1.75	1.76	$1.76	0.6%	17	0.70	440
$82.50	Sep 25	1.60	1.61	$1.61	0.6%	91	0.60	360
$82.50	Sep 11	1.42	1.43	$1.42	0.7%	408	0.63	405
$84.00	Sep 25	2.61	2.63	$2.62	0.8%	--	0.76	245
$82.00	Sep 18	1.24	1.25	$1.25	0.8%	80.0K	0.55	141.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 144 found (avg $0.35, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 14	0.05	0.06	$0.06	16.7%	3.4K	0.32	5.7K
$82.50	Aug 17	0.05	0.06	$0.06	16.7%	2.2K	0.16	942
$81.50	Aug 14	0.35	0.41	$0.38	15.8%	89	0.89	437
$82.00	Aug 17	0.17	0.18	$0.18	5.6%	1.5K	0.40	1.4K
$83.00	Aug 19	0.05	0.06	$0.06	16.7%	563	0.12	2.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 14	0.18	0.19	$0.19	5.3%	7.3K	0.69	12.4K
$81.50	Aug 17	0.10	0.11	$0.11	9.1%	1.0K	0.28	1.5K
$82.00	Aug 17	0.30	0.31	$0.31	3.2%	1.6K	0.60	2.6K
$80.50	Aug 19	0.05	0.06	$0.06	16.7%	2.4K	0.10	1.7K
$81.00	Aug 19	0.11	0.12	$0.12	8.3%	841	0.20	2.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 224 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Aug 17	11.80	11.95	$11.88	1.3%	6	1.00	37
$71.00	Aug 17	10.80	10.95	$10.88	1.4%	6	1.00	2
$74.00	Aug 17	7.80	7.95	$7.88	1.9%	1	1.00	2
$75.00	Aug 17	6.80	6.95	$6.88	2.2%	1	1.00	--
$79.00	Aug 17	2.85	2.90	$2.88	1.7%	--	1.00	16

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 14	1.13	1.15	$1.14	1.8%	247	1.00	6.1K
$83.50	Aug 14	1.61	1.66	$1.64	3.0%	14	1.00	19
$84.00	Aug 14	2.11	2.16	$2.13	2.3%	11	1.00	10
$84.50	Aug 14	2.61	2.66	$2.64	1.9%	21	1.00	5
$85.00	Aug 14	3.05	3.20	$3.13	4.8%	30	1.00	1

Most actively traded options today. High liquidity = easy entry/exit. 373 active (total vol 239.5K, top 80.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 21	0.22	0.23	$0.23	4.3%	10.8K	0.30	10.5K
$84.00	Sep 4	0.15	0.17	$0.16	12.5%	9.4K	0.14	11.1K
$83.00	Aug 14	0.00	0.01	$0.01	100.0%	6.1K	0.02	56.6K
$86.00	Sep 18	0.09	0.10	$0.10	10.0%	5.9K	0.07	37.7K
$84.00	Sep 18	0.33	0.34	$0.34	2.9%	4.8K	0.21	20.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	1.24	1.25	$1.25	0.8%	80.0K	0.55	141.4K
$82.00	Aug 14	0.18	0.19	$0.19	5.3%	7.3K	0.69	12.4K
$80.00	Sep 18	0.52	0.53	$0.53	1.9%	7.1K	0.29	43.7K
$81.00	Sep 18	0.83	0.84	$0.84	1.2%	5.3K	0.41	146.9K
$82.00	Aug 21	0.51	0.52	$0.52	1.9%	3.9K	0.54	38.8K

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 17.8%, max 17.8%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 14	Sep 25	15.1%	12.8%	17.8%	3.8K	5.8K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 14	Sep 25	15.1%	12.8%	17.8%	7.4K	12.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 81 found (best R:R 1.44, avg 1.85)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$82.00	Aug 14	$0.32	$0.18	$0.32	89%	0.56	$81.82
$81.50	$82.00	Aug 17	$0.29	$0.21	$0.29	72%	0.72	$81.79
$83.50	$84.00	Sep 25	$0.13	$0.37	$0.13	28%	2.85	$83.63
$82.00	$82.50	Aug 17	$0.12	$0.38	$0.12	40%	3.17	$82.12
$84.00	$84.50	Sep 25	$0.11	$0.39	$0.11	23%	3.55	$84.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Sep 18	$0.41	$0.59	$0.41	55%	1.44	$81.59
$83.00	$82.00	Sep 18	$0.59	$0.41	$0.59	68%	0.69	$82.41
$81.50	$81.00	Sep 25	$0.19	$0.31	$0.19	49%	1.63	$81.31
$80.50	$80.00	Sep 11	$0.11	$0.39	$0.11	33%	3.55	$80.39
$80.00	$79.00	Sep 18	$0.18	$0.82	$0.18	29%	4.56	$79.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 46 found (best R:R 0.79, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 18	$0.44	$0.44	$0.56	54%	0.79	$82.44
$83.00	$84.00	Sep 18	$0.29	$0.29	$0.71	68%	0.41	$83.29
$82.00	$82.50	Sep 4	$0.24	$0.24	$0.26	55%	0.92	$82.24
$82.00	$82.50	Aug 24	$0.22	$0.22	$0.28	54%	0.79	$82.22
$82.00	$82.50	Aug 21	$0.21	$0.21	$0.29	54%	0.72	$82.21

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Aug 19	$0.12	$0.12	$0.38	64%	0.32	$81.38
$81.00	$80.50	Aug 28	$0.12	$0.12	$0.38	69%	0.32	$80.88
$81.00	$80.50	Sep 11	$0.17	$0.17	$0.33	60%	0.52	$80.83
$81.50	$81.00	Aug 21	$0.13	$0.13	$0.37	62%	0.35	$81.37
$80.00	$79.50	Sep 11	$0.10	$0.10	$0.40	73%	0.25	$79.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.12, cheapest $0.12)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Aug 14	Aug 17	$0.12	15.1%	8.0%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Aug 14	Aug 17	$0.12	15.1%	8.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 194 found (cheapest 0.31% of stock, avg 4.04%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Aug 14	$0.06	$0.19	$0.25	$81.75	$82.25	0.31%
$81.50	Aug 14	$0.38	$0.02	$0.40	$81.10	$81.90	0.49%
$82.00	Aug 17	$0.18	$0.31	$0.49	$81.51	$82.49	0.60%
$81.50	Aug 17	$0.47	$0.11	$0.58	$80.92	$82.08	0.71%
$82.50	Aug 14	$0.01	$0.64	$0.65	$81.85	$83.15	0.79%
$82.50	Aug 17	$0.06	$0.68	$0.74	$81.76	$83.24	0.90%
$82.00	Aug 19	$0.32	$0.44	$0.76	$81.24	$82.76	0.93%
$81.50	Aug 19	$0.62	$0.24	$0.86	$80.64	$82.36	1.05%
$81.00	Aug 14	$0.88	$0.01	$0.89	$80.11	$81.89	1.09%
$82.50	Aug 19	$0.14	$0.76	$0.90	$81.60	$83.40	1.10%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 218 found (cheapest 0.07% of stock, avg 0.91%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.50	$80.00	Aug 19	$0.03	$0.03	$0.06	$79.94	$83.56
$83.00	$81.00	Aug 17	$0.02	$0.04	$0.06	$80.94	$83.06
$83.50	$80.50	Aug 19	$0.03	$0.06	$0.09	$80.41	$83.59
$83.00	$80.00	Aug 19	$0.06	$0.03	$0.09	$79.91	$83.09
$84.00	$79.00	Aug 24	$0.05	$0.05	$0.10	$78.90	$84.10
$82.00	$81.50	Aug 14	$0.06	$0.02	$0.08	$81.42	$82.08
$82.50	$81.00	Aug 17	$0.06	$0.04	$0.10	$80.90	$82.60
$83.50	$79.50	Aug 21	$0.06	$0.05	$0.11	$79.39	$83.61
$83.00	$80.50	Aug 19	$0.06	$0.06	$0.12	$80.38	$83.12
$83.50	$80.00	Aug 21	$0.06	$0.07	$0.13	$79.87	$83.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 13 found (best R:R 1.38, avg credit $0.28)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	83/84	Sep 25	$0.29	$0.21	36%	1.38	$79.71	$83.29
80/80	83/84	Sep 11	$0.25	$0.25	43%	1.00	$79.75	$83.25
80/80	84/84	Sep 11	$0.21	$0.29	50%	0.72	$79.79	$83.71
80/80	84/84	Sep 25	$0.22	$0.28	46%	0.79	$79.78	$84.22
80/80	83/84	Sep 4	$0.24	$0.26	41%	0.92	$80.26	$83.24
80/80	84/84	Sep 25	$0.24	$0.26	41%	0.92	$79.76	$83.74
80/81	83/84	Aug 28	$0.23	$0.27	43%	0.85	$80.77	$83.23
80/80	83/84	Sep 11	$0.26	$0.24	37%	1.08	$80.24	$83.26
80/80	84/84	Sep 11	$0.22	$0.28	44%	0.79	$80.28	$83.72
78/79	83/84	Sep 18	$0.41	$0.59	48%	0.69	$78.59	$83.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 found (best R:R 0.85, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.50	$82.00	$82.50	Aug 14	$0.27	$0.23	86%	0.85
$79.00	$80.00	$81.00	Sep 18	$0.09	$0.91	25%	10.11
$81.00	$81.50	$82.00	Aug 14	$0.18	$0.32	66%	1.78
$81.00	$81.50	$82.00	Aug 19	$0.08	$0.42	37%	5.25
$82.00	$82.50	$83.00	Aug 17	$0.08	$0.42	35%	5.25

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.50	$82.00	$82.50	Aug 14	$0.28	$0.22	87%	0.79
$81.00	$81.50	$82.00	Aug 14	$0.16	$0.34	66%	2.12
$80.00	$81.00	$82.00	Sep 18	$0.10	$0.90	26%	9.00
$81.00	$81.50	$82.00	Aug 17	$0.13	$0.37	49%	2.85
$81.00	$81.50	$82.00	Aug 19	$0.08	$0.42	36%	5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 129 found (best net $-2.02, 119 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 11	-$2.02	$2.98
$77.00	$79.00	1:2	Aug 19	-$0.90	$1.10
$71.00	$75.00	1:2	Sep 18	-$3.08	$0.92
$76.00	$78.50	1:2	Sep 25	-$1.45	$1.05
$83.00	$84.00	1:2	Sep 18	-$0.05	$0.95

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$83.00	$82.50	1:2	Aug 14	-$0.14	$0.36
$83.00	$82.50	1:2	Aug 17	-$0.22	$0.28
$82.50	$82.00	1:2	Aug 19	-$0.12	$0.38
$81.00	$80.00	1:2	Sep 18	-$0.22	$0.78
$82.00	$81.50	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. 52 found (best yield 1.45%, avg 0.42%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Sep 25	$1.19	0.46	0.2%	1.45%	1.62%	309	34
$82.50	Sep 25	$0.95	0.40	0.8%	1.16%	1.94%	104	923
$83.00	Sep 25	$0.74	0.34	1.4%	0.90%	2.30%	17	486
$82.00	Sep 18	$1.06	0.46	0.2%	1.29%	1.47%	4.5K	59.0K
$83.50	Sep 25	$0.57	0.28	2.0%	0.70%	2.70%	24	352
$83.00	Sep 18	$0.62	0.32	1.4%	0.76%	2.15%	3.4K	46.2K
$82.00	Sep 11	$0.91	0.45	0.2%	1.11%	1.28%	29	634
$84.00	Sep 25	$0.43	0.23	2.6%	0.53%	3.14%	44	296
$82.50	Sep 11	$0.68	0.37	0.8%	0.83%	1.61%	87	1.5K
$82.00	Sep 4	$0.79	0.45	0.2%	0.97%	1.14%	10	2.9K

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 87,350

Total Puts 152,876

Put/Call Ratio 1.75

Net Difference -65,526

Prior's Put/Call Breakdown

Total Calls 168,669

Total Puts 246,394

Put/Call Ratio 1.46

Net Difference -77,725

Prior 7-Day Put/Call Summary

Total Calls 1,887,529

Total Puts 1,103,015

Average Put/Call Ratio 0.58

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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