TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.44 +0.11%

(8/17 19:09) ◀

Tuesday, August 18, 2026 (10:00am)

▶ (8/18 11:00)

◀ 8/18 10:00 ▶

Option Volume

Detail

ℹ

Current (08/18 10:00am) 75,732

Calls: 46,738 (62%)

Puts: 28,994 (38%)

Prior (08/14) 39,848

Calls: 16,971 (43%)

Puts: 22,877 (57%)

Current vs Prior +90.05%

Calls: +175.40% (Calls)

Puts: +26.74% (Puts)

Prior 7-Day Total 3,202,057

Calls: 1,920,753 (60%)

Puts: 1,281,304 (40%)

Prior 7-Day Average 457,436

Calls: 274,393 (60%)

Puts: 183,043 (40%)

Current vs Prior 7-Day Avg -83.44%

Calls: -82.97%

Puts: -84.16%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/18 10:00am) $3.15M

Calls: $2.00M (63%)

Puts: $1.15M (37%)

Prior (08/14) $1.96M

Calls: $384.5K (20%)

Puts: $1.58M (80%)

Current vs Prior +60.40%

Calls: +419.46%

Puts: -26.99%

Prior 7-Day Total $552.45M

Calls: $468.81M (85%)

Puts: $83.65M (15%)

Prior 7-Day Average $78.92M

Calls: $66.97M (85%)

Puts: $11.95M (15%)

Current vs Prior 7-Day Avg -96.01%

Calls: -97.02%

Puts: -90.35%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/18 10:00am) 0.62

Prior (08/14) 1.35

Current vs Prior -53.98%

Prior 7-Day Average 0.69

Current vs Prior 7-Day Avg -10.40%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/18 10:00am) 3,447,572

Calls: 1,907,757 (55%)

Puts: 1,539,815 (45%)

Prior (08/14) 3,241,269

Calls: 1,792,947 (55%)

Puts: 1,448,322 (45%)

Current vs Prior +6.36%

Prior 7-Day Total 22,726,808

Calls: 12,287,579 (54%)

Puts: 10,439,229 (46%)

Prior 7-Day Average 3,246,686

Calls: 1,755,368 (54%)

Puts: 1,491,318 (46%)

Current vs Prior 7-Day Avg +6.19%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (08/19) | Next (08/21)Expiry (08/21) | Next (08/28)Expiry (08/19) | Next (09/18)

Current 0.96% | 1.28%1.28% | 1.82%0.96% | 3.30%

Prior 0.88% | 1.13%0.67% | 1.38%0.88% | 3.35%

Current vs Prior +9.13% | +12.65%+90.48% | +31.94%+9.14% | -1.46%

Prior 7-Day Avg 0.94% | 1.18%0.97% | 1.57%1.30% | 3.49%

Current vs 7-Day Avg +1.81% | +8.52%+32.29% | +15.44%-26.29% | -5.40%

Prior 7-Day Eod 0.88% | 1.13%1.36% | 1.92%0.61% | 3.40%

Current vs 7-Day Eod +9.13% | +12.65%-6.41% | -5.23%+55.84% | -3.00%

Sentiment BEARISHBEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.83% | 2.10%

Calls: 5.66% | 1.49%

Puts: 4.00% | 2.70%

Prior 9.65% | 4.54%

Calls: 9.30% | 5.56%

Puts: 10.00% | 3.51%

Current vs Prior -49.95% | -53.74%

Prior 7-Day Avg 5.73% | 3.42%

Calls: 5.29% | 3.10%

Puts: 6.18% | 3.73%

Current vs 7-Day Avg -15.77% | -38.52%

Liquidity Good

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Moderately bullish flow with 63% call dollar volume ($2.00M). Elevated premium activity with dollar volume up 60% vs prior. Above-average activity with volume up 90% vs prior. Bullish P/C ratio of 0.62.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BULLISH

Current BULLISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
16:00	BEARISH	NEUTRAL	BEARISH
10:00	BULLISH	BULLISH	BULLISH

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💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

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📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 330 of results (avg 3.1%, best 0.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 25	2.09	2.10	$2.09	0.5%	--	0.69	162
$80.50	Sep 11	1.47	1.48	$1.48	0.7%	--	0.65	72
$70.00	Aug 21	11.40	11.50	$11.45	0.9%	5	1.00	162
$80.00	Oct 2	2.17	2.19	$2.18	0.9%	--	0.67	24
$80.00	Sep 30	2.16	2.18	$2.17	0.9%	80	0.68	834

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Sep 18	15.65	15.80	$15.73	1.0%	--	0.99	298
$97.00	Sep 30	15.65	15.80	$15.73	1.0%	--	0.99	72
$81.50	Sep 11	1.01	1.02	$1.02	1.0%	56	0.55	5.1K
$96.00	Sep 30	14.65	14.80	$14.73	1.0%	--	0.99	56
$82.50	Sep 25	1.77	1.79	$1.78	1.1%	1	0.66	518

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 165 found (avg $0.36, cheapest $0.19)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Aug 19	0.18	0.19	$0.19	5.3%	1.0K	0.45	1.8K
$82.50	Aug 21	0.05	0.06	$0.06	16.7%	517	0.12	48.7K
$82.50	Aug 24	0.07	0.08	$0.08	12.5%	16	0.15	668
$82.00	Aug 21	0.14	0.15	$0.15	6.7%	2.8K	0.27	26.3K
$83.00	Aug 26	0.06	0.07	$0.07	14.3%	26	0.11	3.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Aug 19	0.24	0.25	$0.25	4.0%	1.4K	0.55	3.1K
$80.50	Aug 21	0.08	0.09	$0.09	11.1%	136	0.16	2.7K
$80.50	Aug 24	0.11	0.12	$0.12	8.3%	5	0.20	3.0K
$81.00	Aug 21	0.18	0.19	$0.19	5.3%	749	0.31	72.7K
$80.00	Aug 24	0.06	0.07	$0.07	14.3%	1	0.11	3.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 215 found (avg delta 0.86, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$74.00	Aug 19	7.35	7.50	$7.43	2.0%	--	1.00	22
$75.00	Aug 19	6.35	6.50	$6.43	2.3%	--	1.00	22
$76.00	Aug 19	5.35	5.50	$5.43	2.8%	--	1.00	11
$77.00	Aug 19	4.35	4.50	$4.43	3.4%	--	1.00	11
$79.00	Aug 19	2.40	2.48	$2.44	3.3%	10	1.00	35

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Aug 21	2.54	2.59	$2.57	1.9%	84	1.00	17.0K
$85.00	Aug 21	3.50	3.65	$3.58	4.2%	31	1.00	12.4K
$86.00	Aug 21	4.50	4.65	$4.58	3.3%	--	1.00	1.1K
$87.00	Aug 21	5.50	5.65	$5.58	2.7%	--	1.00	18
$88.00	Aug 21	6.50	6.65	$6.58	2.3%	--	1.00	1.0K

Most actively traded options today. High liquidity = easy entry/exit. 287 active (total vol 75.6K, top 15.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 18	0.41	0.42	$0.42	2.4%	15.8K	0.26	51.9K
$86.00	Sep 4	0.02	0.03	$0.03	33.3%	6.0K	0.03	1.4K
$82.00	Aug 31	0.41	0.42	$0.42	2.4%	3.0K	0.37	504
$82.00	Aug 21	0.14	0.15	$0.15	6.7%	2.8K	0.27	26.3K
$82.00	Aug 19	0.04	0.05	$0.05	20.0%	2.6K	0.15	5.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.50	Aug 19	0.02	0.03	$0.03	33.3%	9.7K	0.08	17.8K
$80.00	Sep 18	0.55	0.56	$0.56	1.8%	4.4K	0.32	52.5K
$81.00	Aug 19	0.07	0.09	$0.08	25.0%	2.3K	0.24	4.7K
$81.50	Aug 19	0.24	0.25	$0.25	4.0%	1.4K	0.55	3.1K
$81.00	Aug 21	0.18	0.19	$0.19	5.3%	749	0.31	72.7K

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 24.9%, max 24.9%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Aug 19	Oct 2	12.7%	10.2%	24.9%	392	1.8K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Aug 19	Oct 2	12.7%	10.2%	24.9%	2.3K	4.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 102 found (best R:R 1.94, avg 1.89)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.50	$84.00	Sep 25	$0.10	$0.40	$0.10	23%	4.00	$83.60
$81.00	$81.50	Aug 21	$0.32	$0.18	$0.32	69%	0.56	$81.32
$81.00	$81.50	Aug 24	$0.31	$0.19	$0.31	67%	0.61	$81.31
$83.00	$83.50	Oct 2	$0.14	$0.36	$0.14	29%	2.57	$83.14
$84.00	$85.00	Sep 30	$0.15	$0.85	$0.15	19%	5.67	$84.15

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Sep 30	$0.34	$0.66	$0.34	47%	1.94	$80.66
$82.00	$81.00	Sep 18	$0.50	$0.50	$0.50	61%	1.00	$81.50
$81.00	$80.50	Sep 25	$0.18	$0.32	$0.18	47%	1.78	$80.82
$81.00	$80.00	Sep 18	$0.34	$0.66	$0.34	47%	1.94	$80.66
$82.00	$81.00	Sep 30	$0.50	$0.50	$0.50	59%	1.00	$81.50

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 60 found (best R:R 0.39, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 2	$0.28	$0.28	$0.72	65%	0.39	$82.28
$82.00	$83.00	Sep 30	$0.39	$0.39	$0.61	59%	0.64	$82.39
$82.00	$83.00	Sep 18	$0.35	$0.35	$0.65	61%	0.54	$82.35
$81.50	$82.00	Sep 4	$0.24	$0.24	$0.26	54%	0.92	$81.74
$83.00	$84.00	Sep 18	$0.21	$0.21	$0.79	74%	0.27	$83.21

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$79.00	Sep 2	$0.46	$0.46	$1.54	56%	0.30	$80.54
$81.00	$80.50	Aug 21	$0.10	$0.10	$0.40	69%	0.25	$80.90
$81.00	$80.50	Aug 24	$0.11	$0.11	$0.39	67%	0.28	$80.89
$80.50	$80.00	Aug 31	$0.10	$0.10	$0.40	72%	0.25	$80.40
$79.00	$78.50	Oct 2	$0.11	$0.11	$0.39	74%	0.28	$78.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.14, cheapest $0.12)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Aug 19	Aug 21	$0.16	11.4%	12.0%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Aug 19	Aug 21	$0.12	11.4%	12.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 184 found (cheapest 0.54% of stock, avg 4.00%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Aug 19	$0.19	$0.25	$0.44	$81.06	$81.94	0.54%
$81.00	Aug 19	$0.53	$0.08	$0.61	$80.39	$81.61	0.75%
$82.00	Aug 19	$0.05	$0.61	$0.66	$81.34	$82.66	0.81%
$81.50	Aug 21	$0.35	$0.37	$0.72	$80.78	$82.22	0.88%
$82.00	Aug 21	$0.15	$0.67	$0.82	$81.18	$82.82	1.01%
$81.50	Aug 24	$0.41	$0.42	$0.83	$80.67	$82.33	1.02%
$81.00	Aug 21	$0.67	$0.19	$0.86	$80.14	$81.86	1.06%
$82.00	Aug 24	$0.20	$0.71	$0.91	$81.09	$82.91	1.12%
$81.00	Aug 24	$0.72	$0.23	$0.95	$80.05	$81.95	1.17%
$81.50	Aug 26	$0.50	$0.49	$0.99	$80.51	$82.49	1.22%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 246 found (cheapest 0.10% of stock, avg 1.02%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.00	$80.50	Aug 19	$0.05	$0.03	$0.08	$80.42	$82.08
$83.50	$79.00	Aug 26	$0.04	$0.05	$0.09	$78.91	$83.59
$83.00	$80.00	Aug 24	$0.03	$0.07	$0.10	$79.90	$83.10
$82.50	$80.00	Aug 21	$0.06	$0.05	$0.11	$79.89	$82.61
$83.00	$79.00	Aug 26	$0.07	$0.05	$0.12	$78.88	$83.12
$82.00	$81.00	Aug 19	$0.05	$0.08	$0.13	$80.87	$82.13
$84.00	$79.00	Aug 31	$0.05	$0.09	$0.14	$78.86	$84.14
$83.50	$79.00	Aug 28	$0.07	$0.08	$0.15	$78.85	$83.65
$82.50	$80.00	Aug 24	$0.08	$0.07	$0.15	$79.85	$82.65
$82.50	$80.50	Aug 21	$0.06	$0.09	$0.15	$80.35	$82.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 21 found (best R:R 0.85, avg credit $0.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
78/79	84/84	Oct 2	$0.23	$0.27	50%	0.85	$78.77	$83.73
78/79	82/83	Oct 2	$0.28	$0.22	39%	1.27	$78.72	$82.78
78/79	83/84	Oct 2	$0.25	$0.25	45%	1.00	$78.75	$83.25
79/80	84/84	Oct 2	$0.24	$0.26	45%	0.92	$79.26	$83.74
79/80	82/83	Oct 2	$0.29	$0.21	34%	1.38	$79.21	$82.79
79/80	83/84	Sep 25	$0.24	$0.26	44%	0.92	$79.26	$83.24
80/80	82/83	Sep 25	$0.30	$0.20	32%	1.50	$79.70	$82.80
80/80	83/84	Sep 25	$0.27	$0.23	38%	1.17	$79.73	$83.27
79/80	82/83	Sep 25	$0.27	$0.23	38%	1.17	$79.23	$82.77
79/80	83/84	Oct 2	$0.26	$0.24	40%	1.08	$79.24	$83.26

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 102 found (best R:R 7.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$79.00	$80.00	$81.00	Sep 18	$0.12	$0.88	29%	7.33
$78.00	$79.00	$80.00	Sep 18	$0.08	$0.92	22%	11.50
$79.00	$80.00	$81.00	Sep 30	$0.11	$0.89	26%	8.09
$80.50	$81.00	$81.50	Aug 19	$0.11	$0.39	47%	3.55
$79.00	$80.00	$81.00	Aug 31	$0.13	$0.87	29%	6.69

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$79.00	$80.00	$81.00	Sep 30	$0.10	$0.90	24%	9.00
$81.50	$82.00	$82.50	Aug 19	$0.10	$0.40	42%	4.00
$80.50	$81.00	$81.50	Aug 19	$0.12	$0.38	47%	3.17
$79.00	$80.00	$81.00	Sep 18	$0.12	$0.88	26%	7.33
$80.50	$81.00	$81.50	Aug 21	$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. 159 found (best net $-1.58, 147 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 11	-$1.58	$3.42
$75.00	$78.00	1:2	Aug 24	-$0.46	$2.54
$77.00	$79.00	1:2	Aug 19	-$0.45	$1.55
$71.00	$75.00	1:2	Sep 18	-$2.64	$1.36
$79.00	$80.00	1:2	Aug 19	-$0.46	$0.54

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$83.00	$82.00	1:2	Aug 31	-$0.11	$0.89
$82.00	$81.00	1:2	Sep 2	-$0.08	$0.92
$83.00	$82.00	1:2	Sep 2	-$0.35	$0.65
$82.50	$82.00	1:2	Aug 19	-$0.15	$0.35
$84.00	$83.00	1:2	Aug 31	-$0.69	$0.31

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 69 found (best yield 1.51%, avg 0.42%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$81.50	Oct 2	$1.23	0.46	0.1%	1.51%	1.58%	4	112
$82.00	Sep 30	$0.98	0.41	0.7%	1.20%	1.89%	979	10.0K
$82.00	Oct 2	$0.98	0.40	0.7%	1.20%	1.89%	2	343
$81.50	Sep 25	$1.14	0.47	0.1%	1.40%	1.47%	--	198
$82.00	Sep 25	$0.90	0.41	0.7%	1.11%	1.79%	13	443
$82.50	Oct 2	$0.77	0.34	1.3%	0.95%	2.25%	5	66
$82.50	Sep 25	$0.69	0.34	1.3%	0.85%	2.15%	--	1.2K
$83.00	Oct 2	$0.60	0.29	1.9%	0.74%	2.65%	--	1.2K
$83.00	Sep 30	$0.59	0.29	1.9%	0.72%	2.64%	58	8.9K
$82.00	Sep 18	$0.76	0.39	0.7%	0.93%	1.62%	642	76.9K

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 46,738

Total Puts 28,994

Put/Call Ratio 0.62

Net Difference 17,744

Prior's Put/Call Breakdown

Total Calls 16,971

Total Puts 22,877

Put/Call Ratio 1.35

Net Difference -5,906

Prior 7-Day Put/Call Summary

Total Calls 1,920,753

Total Puts 1,281,304

Average Put/Call Ratio 0.69

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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