TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.66 +0.38%

(8/18 15:13) ◀

Tuesday, August 18, 2026 (4:00pm)

▶ (8/18 19:08)

◀ 8/18 16:00 ▶

Option Volume

Detail

ℹ

Current (08/18 4:00pm) 435,092

Calls: 225,993 (52%)

Puts: 209,099 (48%)

Prior (08/17) 408,741

Calls: 198,053 (48%)

Puts: 210,688 (52%)

Current vs Prior +6.45%

Calls: +14.11% (Calls)

Puts: -0.75% (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 -3.55%

Calls: -12.09%

Puts: +7.75%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/18 4:00pm) $21.27M

Calls: $11.23M (53%)

Puts: $10.04M (47%)

Prior (08/17) $34.53M

Calls: $10.49M (30%)

Puts: $24.05M (70%)

Current vs Prior -38.41%

Calls: +7.10%

Puts: -58.25%

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 -69.48%

Calls: -79.91%

Puts: -27.21%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/18 4:00pm) 0.93

Prior (08/17) 1.06

Current vs Prior -13.02%

Prior 7-Day Average 0.78

Current vs Prior 7-Day Avg +17.92%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (08/18 4:00pm) 3,447,572

Calls: 1,907,757 (55%)

Puts: 1,539,815 (45%)

Prior (08/17) 3,381,339

Calls: 1,865,551 (55%)

Puts: 1,515,788 (45%)

Current vs Prior +1.96%

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

ℹ

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

Current 0.83% | 1.15%1.15% | 1.73%0.83% | 3.18%

Prior 1.07% | 1.38%1.38% | 1.92%0.61% | 3.40%

Current vs Prior -22.08% | -16.33%-16.33% | -9.89%+35.57% | -6.42%

Prior 7-Day Avg 0.95% | 1.21%1.02% | 1.61%1.14% | 3.44%

Current vs 7-Day Avg -12.79% | -4.77%+12.49% | +7.08%-26.82% | -7.56%

Prior 7-Day Eod 1.07% | 1.38%1.36% | 1.92%0.61% | 3.40%

Current vs 7-Day Eod -22.08% | -16.33%-15.64% | -9.96%+35.49% | -6.49%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 8.58% | 3.15%

Calls: 6.90% | 2.22%

Puts: 10.26% | 4.08%

Prior 3.37% | 1.87%

Calls: 3.70% | 1.47%

Puts: 3.03% | 2.27%

Current vs Prior +154.60% | +68.45%

Prior 7-Day Avg 5.55% | 3.24%

Calls: 5.33% | 2.93%

Puts: 5.77% | 3.55%

Current vs 7-Day Avg +54.63% | -2.91%

Liquidity Acceptable

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🤖 AI Insights

Market showing bullish sentiment based on options flow analysis.

Smart Money BULLISH

Retail Flow NEUTRAL

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BULLISH

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

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	BULLISH	NEUTRAL	BULLISH
15:00	BULLISH	BEARISH	BEARISH
14:00	BULLISH	BEARISH	BEARISH
13:00	BEARISH	BEARISH	BEARISH
12:00	BEARISH	BEARISH	BEARISH
11:00	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BULLISH	BULLISH

📈 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 370 of results (avg 3.2%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 30	1.59	1.60	$1.60	0.6%	147	0.57	450
$81.00	Sep 25	1.51	1.52	$1.52	0.7%	46	0.58	151
$68.00	Aug 19	13.60	13.70	$13.65	0.7%	12	1.00	--
$69.00	Aug 19	12.60	12.70	$12.65	0.8%	27	1.00	--
$81.00	Sep 11	1.24	1.25	$1.25	0.8%	178	0.60	175

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 2	2.13	2.15	$2.14	0.9%	6	0.69	69
$92.00	Aug 21	10.30	10.40	$10.35	1.0%	--	1.00	20
$97.00	Sep 18	15.45	15.60	$15.52	1.0%	--	0.99	298
$97.00	Sep 30	15.45	15.60	$15.52	1.0%	--	0.99	72
$96.00	Sep 18	14.45	14.60	$14.52	1.0%	--	0.99	1.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 169 found (avg $0.34, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 19	0.05	0.06	$0.06	16.7%	7.8K	0.22	5.0K
$82.50	Aug 21	0.06	0.07	$0.07	14.3%	4.0K	0.16	48.7K
$81.50	Aug 19	0.28	0.30	$0.29	6.9%	4.1K	0.64	1.8K
$82.00	Aug 21	0.18	0.19	$0.19	5.3%	6.7K	0.35	26.3K
$82.50	Aug 24	0.10	0.11	$0.11	9.1%	1.0K	0.20	668

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Aug 19	0.11	0.12	$0.12	8.3%	5.5K	0.36	3.1K
$82.00	Aug 19	0.37	0.41	$0.39	10.3%	895	0.78	2.2K
$80.50	Aug 21	0.05	0.06	$0.06	16.7%	1.4K	0.11	2.7K
$81.00	Aug 21	0.11	0.12	$0.12	8.3%	1.8K	0.22	72.7K
$81.50	Aug 21	0.23	0.25	$0.24	8.3%	4.0K	0.41	20.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 265 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$71.00	Sep 2	10.70	10.85	$10.77	1.4%	48	1.00	--
$72.00	Sep 2	9.70	9.85	$9.77	1.5%	3	1.00	--
$73.00	Sep 2	8.70	8.80	$8.75	1.1%	3	1.00	--
$78.00	Sep 2	3.70	3.90	$3.80	5.3%	2	1.00	--
$79.00	Sep 2	2.78	2.86	$2.82	2.8%	530	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 19	1.28	1.40	$1.34	9.0%	60	1.00	--
$83.50	Aug 19	1.82	1.90	$1.86	4.3%	1	1.00	--
$84.00	Aug 19	2.32	2.40	$2.36	3.4%	3	1.00	--
$83.50	Aug 21	1.80	1.89	$1.85	4.9%	75	1.00	758
$84.00	Aug 21	2.30	2.40	$2.35	4.3%	369	1.00	17.0K

Most actively traded options today. High liquidity = easy entry/exit. 491 active (total vol 434.0K, top 57.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 18	0.44	0.45	$0.45	2.2%	39.4K	0.28	51.9K
$84.00	Sep 4	0.10	0.11	$0.11	9.1%	20.5K	0.11	8.3K
$84.00	Sep 18	0.22	0.23	$0.23	4.3%	18.7K	0.16	21.3K
$83.00	Aug 31	0.16	0.17	$0.17	5.9%	10.6K	0.20	16.0K
$82.00	Sep 18	0.81	0.82	$0.82	1.2%	9.7K	0.42	76.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 18	0.75	0.77	$0.76	2.6%	57.3K	0.43	152.5K
$77.00	Sep 18	0.09	0.10	$0.10	10.0%	50.3K	0.07	64.7K
$80.00	Sep 18	0.45	0.46	$0.46	2.2%	23.2K	0.29	52.5K
$80.50	Aug 19	0.00	0.01	$0.01	100.0%	10.9K	0.02	17.8K
$81.00	Aug 19	0.02	0.04	$0.03	66.7%	6.1K	0.11	4.7K

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 13.5%, max 13.5%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Aug 19	Oct 2	10.9%	9.6%	13.5%	4.1K	2.0K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Aug 19	Oct 2	10.9%	9.6%	13.5%	5.5K	3.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 99 found (best R:R 1.17, avg 2.01)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$83.50	Sep 11	$0.10	$0.40	$0.10	25%	4.00	$83.10
$82.50	$83.00	Aug 28	$0.11	$0.39	$0.11	29%	3.55	$82.61
$84.00	$85.00	Sep 30	$0.15	$0.85	$0.15	21%	5.67	$84.15
$84.00	$85.00	Sep 18	$0.11	$0.89	$0.11	16%	8.09	$84.11
$83.00	$84.00	Sep 2	$0.11	$0.89	$0.11	19%	8.09	$83.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Sep 18	$0.46	$0.54	$0.46	58%	1.17	$81.54
$82.00	$81.00	Sep 30	$0.46	$0.54	$0.46	57%	1.17	$81.54
$81.00	$80.00	Sep 30	$0.32	$0.68	$0.32	44%	2.12	$80.68
$81.00	$80.00	Sep 18	$0.30	$0.70	$0.30	43%	2.33	$80.70
$81.50	$81.00	Sep 11	$0.20	$0.30	$0.20	52%	1.50	$81.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 56 found (best R:R 0.47, avg 0.43)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 2	$0.32	$0.32	$0.68	61%	0.47	$82.32
$82.00	$83.00	Sep 30	$0.41	$0.41	$0.59	57%	0.69	$82.41
$82.00	$83.00	Sep 18	$0.37	$0.37	$0.63	58%	0.59	$82.37
$83.00	$84.00	Sep 30	$0.27	$0.27	$0.73	69%	0.37	$83.27
$82.00	$82.50	Oct 2	$0.23	$0.23	$0.27	57%	0.85	$82.23

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$80.00	$79.00	Sep 2	$0.12	$0.12	$0.88	79%	0.14	$79.88
$81.00	$80.00	Sep 2	$0.26	$0.26	$0.74	61%	0.35	$80.74
$81.00	$80.50	Aug 31	$0.12	$0.12	$0.38	68%	0.32	$80.88
$81.00	$80.50	Sep 4	$0.16	$0.16	$0.34	60%	0.47	$80.84
$79.00	$78.00	Sep 18	$0.11	$0.11	$0.89	82%	0.12	$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	10.9%	10.9%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Aug 19	Aug 21	$0.12	10.9%	10.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 217 found (cheapest 0.50% of stock, avg 4.12%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Aug 19	$0.29	$0.12	$0.41	$81.09	$81.91	0.50%
$82.00	Aug 19	$0.06	$0.39	$0.45	$81.55	$82.45	0.55%
$82.00	Aug 21	$0.19	$0.49	$0.68	$81.32	$82.68	0.83%
$81.50	Aug 21	$0.45	$0.24	$0.69	$80.81	$82.19	0.84%
$81.00	Aug 19	$0.70	$0.03	$0.73	$80.27	$81.73	0.89%
$82.00	Aug 24	$0.25	$0.54	$0.79	$81.21	$82.79	0.97%
$81.50	Aug 24	$0.51	$0.30	$0.81	$80.69	$82.31	0.99%
$82.50	Aug 19	$0.02	$0.85	$0.87	$81.63	$83.37	1.07%
$81.00	Aug 21	$0.82	$0.12	$0.94	$80.06	$81.94	1.15%
$82.00	Aug 26	$0.34	$0.61	$0.95	$81.05	$82.95	1.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 253 found (cheapest 0.06% of stock, avg 0.92%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$81.00	Aug 19	$0.02	$0.03	$0.05	$80.95	$82.55
$83.00	$80.00	Aug 21	$0.03	$0.03	$0.06	$79.94	$83.06
$83.00	$80.00	Aug 24	$0.04	$0.05	$0.09	$79.91	$83.09
$83.00	$80.50	Aug 21	$0.03	$0.06	$0.09	$80.41	$83.09
$82.00	$81.00	Aug 19	$0.06	$0.03	$0.09	$80.91	$82.09
$82.50	$80.00	Aug 21	$0.07	$0.03	$0.10	$79.90	$82.60
$84.00	$79.00	Aug 31	$0.06	$0.06	$0.12	$78.88	$84.12
$84.00	$79.50	Aug 28	$0.05	$0.07	$0.12	$79.38	$84.12
$83.50	$80.00	Aug 26	$0.05	$0.08	$0.13	$79.87	$83.63
$82.50	$80.50	Aug 21	$0.07	$0.06	$0.13	$80.37	$82.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 18 found (best R:R 1.08, avg credit $0.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
79/80	83/84	Oct 2	$0.26	$0.24	41%	1.08	$79.24	$83.26
79/80	84/84	Oct 2	$0.23	$0.27	46%	0.85	$79.27	$83.73
80/80	83/84	Sep 25	$0.26	$0.24	40%	1.08	$79.74	$83.26
80/80	83/84	Oct 2	$0.28	$0.22	36%	1.27	$79.72	$83.28
80/80	84/84	Oct 2	$0.25	$0.25	41%	1.00	$79.75	$83.75
80/80	82/83	Sep 11	$0.27	$0.23	34%	1.17	$80.23	$82.77
80/81	82/83	Aug 31	$0.25	$0.25	37%	1.00	$80.75	$82.75
80/80	82/83	Sep 4	$0.24	$0.26	39%	0.92	$80.26	$82.74
80/80	83/84	Sep 11	$0.22	$0.28	42%	0.79	$80.28	$83.22
78/79	83/84	Sep 30	$0.40	$0.60	48%	0.67	$78.60	$83.40

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 108 found (best R:R 10.11, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$79.00	$80.00	$81.00	Sep 2	$0.09	$0.91	36%	10.11
$80.00	$81.00	$82.00	Sep 2	$0.21	$0.79	46%	3.76
$78.00	$79.00	$80.00	Sep 18	$0.06	$0.94	22%	15.67
$81.00	$81.50	$82.00	Aug 19	$0.18	$0.32	66%	1.78
$79.00	$80.00	$81.00	Sep 30	$0.10	$0.90	26%	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Aug 19	$0.18	$0.32	67%	1.78
$79.00	$80.00	$81.00	Sep 18	$0.11	$0.89	25%	8.09
$79.00	$80.00	$81.00	Sep 2	$0.14	$0.86	29%	6.14
$80.00	$81.00	$82.00	Sep 2	$0.22	$0.78	40%	3.55
$80.50	$81.00	$81.50	Aug 19	$0.07	$0.43	34%	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. 158 found (best net $-1.79, 146 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 11	-$1.79	$3.21
$71.00	$75.00	1:2	Sep 18	-$2.79	$1.21
$80.00	$81.00	1:2	Sep 2	-$0.30	$0.70
$79.00	$80.00	1:2	Aug 19	-$0.67	$0.33
$76.00	$78.00	1:2	Aug 24	-$1.70	$0.30

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$83.00	$82.00	1:2	Sep 2	-$0.23	$0.77
$82.00	$81.00	1:2	Sep 2	$0.00	$1.00
$84.00	$83.00	1:2	Aug 31	-$0.50	$0.50
$82.50	$82.00	1:2	Aug 21	-$0.09	$0.41
$82.00	$81.00	1:2	Sep 18	-$0.30	$0.70

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%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 2	$1.04	0.43	0.4%	1.27%	1.69%	77	343
$82.00	Sep 30	$1.03	0.43	0.4%	1.26%	1.68%	2.6K	10.0K
$82.50	Oct 2	$0.82	0.37	1.0%	1.00%	2.03%	13	66
$82.00	Sep 25	$0.95	0.43	0.4%	1.16%	1.58%	552	443
$83.00	Oct 2	$0.63	0.31	1.6%	0.77%	2.41%	85	1.2K
$83.00	Sep 30	$0.62	0.31	1.6%	0.76%	2.40%	175	8.9K
$82.50	Sep 25	$0.73	0.36	1.0%	0.89%	1.92%	3.9K	1.2K
$82.00	Sep 18	$0.81	0.42	0.4%	0.99%	1.41%	9.7K	76.9K
$83.00	Sep 25	$0.55	0.30	1.6%	0.67%	2.31%	581	562
$83.50	Oct 2	$0.48	0.25	2.2%	0.59%	2.84%	41	62

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 225,993

Total Puts 209,099

Put/Call Ratio 0.93

Net Difference 16,894

Prior's Put/Call Breakdown

Total Calls 198,053

Total Puts 210,688

Put/Call Ratio 1.06

Net Difference -12,635

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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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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