Tour v509
TLT
iShares 20+ Year Treasury Bond ETF
$81.69 +0.42%
8/18 14:00

Option Volume

Detail
Current (08/18 2:00pm) 326,706
Calls: 150,260 (46%)
Puts: 176,446 (54%)
Prior (08/14) 339,771
Calls: 141,702 (42%)
Puts: 198,069 (58%)
Current vs Prior -3.85%
Calls: +6.04% (Calls)
Puts: -10.92% (Puts)
Prior 7-Day Total 3,157,862
Calls: 1,799,450 (57%)
Puts: 1,358,412 (43%)
Prior 7-Day Average 451,123
Calls: 257,064 (57%)
Puts: 194,058 (43%)
Current vs Prior 7-Day Avg -27.58%
Calls: -41.55%
Puts: -9.08%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/18 2:00pm) $16.73M
Calls: $8.73M (52%)
Puts: $8.00M (48%)
Prior (08/14) $24.86M
Calls: $7.15M (29%)
Puts: $17.71M (71%)
Current vs Prior -32.72%
Calls: +22.09%
Puts: -54.85%
Prior 7-Day Total $487.84M
Calls: $391.29M (80%)
Puts: $96.55M (20%)
Prior 7-Day Average $69.69M
Calls: $55.90M (80%)
Puts: $13.79M (20%)
Current vs Prior 7-Day Avg -76.00%
Calls: -84.38%
Puts: -42.03%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/18 2:00pm) 1.17
Prior (08/14) 1.40
Current vs Prior -15.99%
Prior 7-Day Average 0.78
Current vs Prior 7-Day Avg +49.67%
Sentiment BEARISH

Open Interest

Detail
Current (08/18 2:00pm) 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 22,924,234
Calls: 12,423,668 (54%)
Puts: 10,500,566 (46%)
Prior 7-Day Average 3,274,890
Calls: 1,774,809 (54%)
Puts: 1,500,080 (46%)
Current vs Prior 7-Day Avg +5.27%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/19) | Next (08/21)Expiry (08/21) | Next (08/28)Expiry (08/19) | Next (09/18)
Current 0.84% | 1.15%1.15% | 1.70%0.84% | 3.17%
Prior 1.07% | 1.38%1.38% | 1.92%0.61% | 3.40%
Current vs Prior -20.96% | -16.36%-16.36% | -11.20%+37.53% | -6.82%
Prior 7-Day Avg 0.95% | 1.21%1.02% | 1.61%1.14% | 3.44%
Current vs 7-Day Avg -11.54% | -4.81%+12.45% | +5.53%-25.77% | -7.95%
Prior 7-Day Eod 1.07% | 1.38%1.36% | 1.92%0.61% | 3.40%
Current vs 7-Day Eod -20.96% | -16.36%-15.67% | -11.26%+37.44% | -6.89%
Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 4.27% | 3.19%
Calls: 3.13% | 2.13%
Puts: 5.41% | 4.26%
Prior 3.37% | 1.87%
Calls: 3.70% | 1.47%
Puts: 3.03% | 2.27%
Current vs Prior +26.71% | +70.59%
Prior 7-Day Avg 5.55% | 3.24%
Calls: 5.33% | 2.93%
Puts: 5.77% | 3.55%
Current vs 7-Day Avg -23.04% | -1.67%
Liquidity Acceptable
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🤖 AI Insights

Slightly bearish P/C ratio of 1.17.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
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)
TimeSmart MoneyRetailOverall
14:00BULLISHBEARISHBEARISH
13:00BEARISHBEARISHBEARISH
12:00BEARISHBEARISHBEARISH
11:00BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH

📈 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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 362 of results (avg 2.7%, best 0.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.50Sep 251.851.86$1.860.5%680.6784
$81.00Sep 301.601.61$1.610.6%350.58450
$68.00Aug 1913.6513.75$13.700.7%121.00--
$69.00Aug 1912.6512.75$12.700.8%271.00--
$81.00Sep 111.251.26$1.250.8%1660.61175
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$93.00Sep 411.4511.55$11.500.9%30.99--
$98.00Sep 1816.4016.55$16.480.9%--0.9916
$92.00Sep 410.4510.55$10.501.0%--0.9947
$97.00Sep 1815.4015.55$15.481.0%--0.99298
$97.00Sep 3015.4015.55$15.481.0%--0.9972

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 166 found (avg $0.34, cheapest $0.07)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.00Aug 190.060.07$0.0714.3%6.4K0.245.0K
$82.50Aug 210.060.07$0.0714.3%1.5K0.1648.7K
$81.50Aug 190.310.32$0.323.1%3.7K0.651.8K
$82.50Aug 240.100.11$0.119.1%2600.20668
$82.00Aug 210.200.21$0.214.8%5.3K0.3626.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$81.50Aug 190.110.12$0.128.3%4.4K0.353.1K
$82.00Aug 190.360.38$0.375.4%5500.762.2K
$81.00Aug 210.100.11$0.119.1%1.5K0.2172.7K
$80.50Aug 210.050.06$0.0616.7%1.4K0.112.7K
$80.50Aug 240.070.08$0.0812.5%60.143.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 258 found (avg delta 0.88, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$68.00Aug 1913.6513.75$13.700.7%121.00--
$69.00Aug 1912.6512.75$12.700.8%271.00--
$70.00Aug 1911.6511.75$11.700.9%2091.001
$71.00Aug 1910.6510.75$10.700.9%2301.001
$72.00Aug 199.659.75$9.701.0%661.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Aug 212.282.33$2.302.2%3591.0017.0K
$85.00Aug 213.253.35$3.303.0%441.0012.4K
$86.00Aug 214.254.35$4.302.3%751.001.1K
$87.00Aug 215.255.35$5.301.9%--1.0018
$88.00Aug 216.256.35$6.301.6%--1.001.0K

Most actively traded options today. High liquidity = easy entry/exit. 461 active (total vol 325.9K, top 57.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.00Sep 180.430.44$0.442.3%32.7K0.2851.9K
$83.00Aug 310.160.17$0.175.9%10.4K0.2016.0K
$86.50Sep 110.030.04$0.0425.0%7.5K0.03385
$86.00Sep 40.030.04$0.0425.0%7.0K0.041.4K
$82.00Aug 190.060.07$0.0714.3%6.4K0.245.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$81.00Sep 180.730.75$0.742.7%57.2K0.43152.5K
$77.00Sep 180.090.10$0.1010.0%50.1K0.0764.7K
$80.50Aug 190.000.01$0.01100.0%10.9K0.0217.8K
$80.00Sep 180.430.44$0.442.3%8.3K0.2852.5K
$81.50Aug 190.110.12$0.128.3%4.4K0.353.1K

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 13.2%, max 13.2%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$81.50Aug 19Oct 210.8%9.5%13.2%3.8K2.0K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$81.50Aug 19Oct 210.8%9.5%13.2%4.4K3.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 98 found (best R:R 1.22, avg 2.05)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$84.00$85.00Sep 18$0.10$0.90$0.1016%9.00$84.10
$83.00$83.50Sep 11$0.10$0.40$0.1024%4.00$83.10
$83.50$84.00Sep 25$0.11$0.39$0.1124%3.55$83.61
$83.00$83.50Sep 25$0.14$0.36$0.1430%2.57$83.14
$83.50$84.00Oct 2$0.12$0.38$0.1226%3.17$83.62
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$82.00$81.00Sep 30$0.45$0.55$0.4557%1.22$81.55
$82.00$81.00Sep 18$0.46$0.54$0.4658%1.17$81.54
$83.00$82.00Sep 18$0.64$0.36$0.6472%0.56$82.36
$81.00$80.50Sep 25$0.16$0.34$0.1643%2.13$80.84
$82.00$81.50Aug 28$0.22$0.28$0.2258%1.27$81.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 57 found (best R:R 0.49, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$82.00$83.00Sep 2$0.33$0.33$0.6760%0.49$82.33
$82.00$83.00Sep 18$0.39$0.39$0.6158%0.64$82.39
$82.00$83.00Sep 30$0.42$0.42$0.5856%0.72$82.42
$83.00$84.00Sep 18$0.22$0.22$0.7872%0.28$83.22
$83.00$84.00Sep 30$0.27$0.27$0.7369%0.37$83.27
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$81.00$79.00Sep 2$0.36$0.36$1.6461%0.22$80.64
$81.50$81.00Aug 21$0.13$0.13$0.3760%0.35$81.37
$80.50$80.00Sep 11$0.13$0.13$0.3767%0.35$80.37
$79.50$79.00Oct 2$0.11$0.11$0.3972%0.28$79.39
$80.50$80.00Sep 4$0.11$0.11$0.3970%0.28$80.39

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)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$81.50Aug 19Aug 21$0.1510.8%10.9%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$81.50Aug 19Aug 21$0.1210.8%10.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 210 found (cheapest 0.54% of stock, avg 4.08%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$81.50Aug 19$0.32$0.12$0.44$81.06$81.940.54%
$82.00Aug 19$0.07$0.37$0.44$81.56$82.440.54%
$82.00Aug 21$0.21$0.47$0.68$81.32$82.680.83%
$81.50Aug 21$0.47$0.24$0.71$80.79$82.210.87%
$81.00Aug 19$0.73$0.04$0.77$80.23$81.770.94%
$82.00Aug 24$0.26$0.52$0.78$81.22$82.780.95%
$81.50Aug 24$0.53$0.28$0.81$80.69$82.310.99%
$82.50Aug 19$0.02$0.82$0.84$81.66$83.341.03%
$82.50Aug 21$0.07$0.85$0.92$81.58$83.421.13%
$82.00Aug 26$0.35$0.58$0.93$81.07$82.931.14%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 253 found (cheapest 0.07% of stock, avg 0.89%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$83.00$80.00Aug 21$0.03$0.03$0.06$79.94$83.06
$82.50$81.00Aug 19$0.02$0.04$0.06$80.94$82.56
$83.00$80.50Aug 21$0.03$0.06$0.09$80.41$83.09
$83.00$80.00Aug 24$0.05$0.05$0.10$79.90$83.10
$82.50$80.00Aug 21$0.07$0.03$0.10$79.90$82.60
$82.00$81.00Aug 19$0.07$0.04$0.11$80.89$82.11
$84.00$79.00Aug 31$0.06$0.06$0.12$78.88$84.12
$84.00$79.50Aug 28$0.05$0.07$0.12$79.38$84.12
$84.00$78.00Sep 2$0.07$0.06$0.13$77.87$84.13
$83.50$80.00Aug 26$0.05$0.08$0.13$79.87$83.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 19 found (best R:R 1.08, avg credit $0.29)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
79/8083/84Oct 2$0.26$0.2441%1.08$79.24$83.26
79/8084/84Oct 2$0.23$0.2747%0.85$79.27$83.73
80/8082/83Sep 11$0.29$0.2134%1.38$80.21$82.79
80/8083/84Oct 2$0.28$0.2236%1.27$79.72$83.28
80/8084/84Oct 2$0.25$0.2541%1.00$79.75$83.75
80/8083/84Sep 25$0.25$0.2540%1.00$79.75$83.25
80/8084/84Sep 25$0.22$0.2846%0.79$79.78$83.72
80/8082/83Sep 4$0.25$0.2540%1.00$80.25$82.75
80/8083/84Sep 11$0.23$0.2742%0.85$80.27$83.23
80/8182/83Aug 31$0.24$0.2638%0.92$80.76$82.74

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 112 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$79.00$80.00$81.00Sep 2$0.10$0.9036%9.00
$80.00$81.00$82.00Sep 2$0.21$0.7947%3.76
$78.00$79.00$80.00Sep 18$0.06$0.9421%15.67
$81.00$81.50$82.00Aug 19$0.16$0.3464%2.12
$79.00$80.00$81.00Sep 18$0.12$0.8830%7.33
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$81.00$81.50$82.00Aug 19$0.17$0.3364%1.94
$80.50$81.00$81.50Aug 19$0.05$0.4533%9.00
$81.00$81.50$82.00Aug 21$0.10$0.4043%4.00
$79.00$80.00$81.00Sep 18$0.12$0.8825%7.33
$78.00$79.00$80.00Sep 30$0.07$0.9317%13.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 157 found (best net $-1.80, 144 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$70.00$75.001:2Aug 28-$1.80$3.20
$70.00$75.001:2Sep 11-$1.89$3.11
$75.00$78.001:2Aug 24-$0.77$2.23
$71.00$75.001:2Sep 18-$2.86$1.14
$80.00$81.001:2Sep 2-$0.30$0.70
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$87.00$85.001:2Aug 28-$1.30$0.70
$84.00$83.001:2Aug 19-$0.32$0.68
$83.00$82.001:2Sep 2-$0.21$0.79
$84.00$83.001:2Aug 31-$0.48$0.52
$82.50$82.001:2Aug 21-$0.09$0.41

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 64 found (best yield 1.27%, avg 0.37%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$82.00Sep 30$1.040.440.4%1.27%1.65%2.1K10.0K
$82.00Oct 2$1.040.430.4%1.27%1.65%72343
$82.50Oct 2$0.820.371.0%1.00%2.00%566
$82.00Sep 25$0.950.430.4%1.16%1.54%540443
$83.00Oct 2$0.630.311.6%0.77%2.37%221.2K
$82.50Sep 25$0.730.371.0%0.89%1.89%2.9K1.2K
$83.00Sep 30$0.620.311.6%0.76%2.36%1748.9K
$82.00Sep 18$0.820.420.4%1.00%1.38%5.7K76.9K
$83.50Oct 2$0.480.262.2%0.59%2.80%3362
$83.00Sep 25$0.540.301.6%0.66%2.26%579562

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 150,260
Total Puts 176,446
Put/Call Ratio 1.17
Net Difference -26,186

Prior's Put/Call Breakdown

Total Calls 141,702
Total Puts 198,069
Put/Call Ratio 1.40
Net Difference -56,367

Prior 7-Day Put/Call Summary

Total Calls 1,799,450
Total Puts 1,358,412
Average Put/Call Ratio 0.78
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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Chart Title

Price — Past 7 Days

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