TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.99 +1.63%

(8/19 10:01) ◀

Wednesday, August 19, 2026 (11:00am)

▶ (8/19 12:01)

◀ 8/19 11:01 ▶

Option Volume

Detail

ℹ

Current (08/19 11:00am) 264,815

Calls: 183,393 (69%)

Puts: 81,422 (31%)

Prior (08/18) 156,559

Calls: 110,252 (70%)

Puts: 46,307 (30%)

Current vs Prior +69.15%

Calls: +66.34% (Calls)

Puts: +75.83% (Puts)

Prior 7-Day Total 3,129,755

Calls: 1,762,831 (56%)

Puts: 1,366,924 (44%)

Prior 7-Day Average 447,107

Calls: 251,833 (56%)

Puts: 195,274 (44%)

Current vs Prior 7-Day Avg -40.77%

Calls: -27.18%

Puts: -58.30%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/19 11:00am) $15.84M

Calls: $11.99M (76%)

Puts: $3.85M (24%)

Prior (08/18) $7.87M

Calls: $5.42M (69%)

Puts: $2.45M (31%)

Current vs Prior +101.31%

Calls: +121.15%

Puts: +57.39%

Prior 7-Day Total $471.87M

Calls: $373.32M (79%)

Puts: $98.54M (21%)

Prior 7-Day Average $67.41M

Calls: $53.33M (79%)

Puts: $14.08M (21%)

Current vs Prior 7-Day Avg -76.50%

Calls: -77.53%

Puts: -72.63%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/19 11:00am) 0.44

Prior (08/18) 0.42

Current vs Prior +5.71%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg -45.03%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/19 11:00am) 3,560,908

Calls: 2,022,163 (57%)

Puts: 1,538,745 (43%)

Prior (08/18) 3,447,572

Calls: 1,907,757 (55%)

Puts: 1,539,815 (45%)

Current vs Prior +3.29%

Prior 7-Day Total 23,101,985

Calls: 12,541,756 (54%)

Puts: 10,560,229 (46%)

Prior 7-Day Average 3,300,283

Calls: 1,791,679 (54%)

Puts: 1,508,604 (46%)

Current vs Prior 7-Day Avg +7.90%

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 0.76% | 1.16%1.16% | 1.74%0.76% | 3.17%

Prior 0.83% | 1.15%1.15% | 1.73%0.83% | 3.18%

Current vs Prior -8.84% | +0.49%+0.50% | +0.49%-8.84% | -0.46%

Prior 7-Day Avg 0.95% | 1.21%1.10% | 1.66%1.05% | 3.39%

Current vs 7-Day Avg -20.49% | -4.20%+5.52% | +4.37%-27.57% | -6.61%

Prior 7-Day Eod 0.83% | 1.15%1.15% | 1.73%0.83% | 3.20%

Current vs 7-Day Eod -8.84% | +0.49%+0.50% | +0.49%-8.84% | -0.85%

Sentiment BULLISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 9.69% | 3.92%

Calls: 12.24% | 4.62%

Puts: 7.14% | 3.23%

Prior 8.58% | 3.15%

Calls: 6.90% | 2.22%

Puts: 10.26% | 4.08%

Current vs Prior +12.94% | +24.44%

Prior 7-Day Avg 5.94% | 3.23%

Calls: 5.54% | 2.98%

Puts: 6.34% | 3.49%

Current vs 7-Day Avg +63.09% | +21.25%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($11.99M) vs puts ($3.85M). Massive premium surge with dollar volume up 101% vs prior. Above-average activity with volume up 69% vs prior. Extreme bullish P/C ratio of 0.44 - heavy call buying (183,393 calls vs 81,422 puts).

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

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
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 384 of results (avg 3.0%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	1.56	1.57	$1.57	0.6%	3.0K	0.65	80.5K
$82.00	Sep 2	1.32	1.33	$1.33	0.8%	179	0.72	194
$70.00	Aug 21	12.95	13.05	$13.00	0.8%	--	1.00	168
$71.00	Sep 2	12.00	12.10	$12.05	0.8%	--	1.00	48
$71.00	Aug 21	11.95	12.05	$12.00	0.8%	1	1.00	113

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Sep 11	1.24	1.25	$1.25	0.8%	1	0.63	757
$99.00	Sep 30	16.15	16.30	$16.23	0.9%	--	0.99	172
$99.00	Aug 19	15.95	16.10	$16.02	0.9%	9	1.00	--
$83.00	Sep 18	1.05	1.06	$1.06	0.9%	4.1K	0.54	86.5K
$98.00	Sep 18	15.15	15.30	$15.23	1.0%	--	0.99	16

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 185 found (avg $0.32, cheapest $0.12)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 19	0.11	0.12	$0.12	8.3%	22.2K	0.47	3.4K
$84.00	Aug 21	0.05	0.06	$0.06	16.7%	4.5K	0.13	39.3K
$83.50	Aug 21	0.13	0.14	$0.14	7.1%	1.2K	0.27	21.4K
$82.50	Aug 19	0.46	0.52	$0.49	12.2%	2.5K	0.92	2.3K
$84.00	Aug 24	0.08	0.09	$0.09	11.1%	184	0.16	968

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 19	0.13	0.14	$0.14	7.1%	4.9K	0.53	--
$82.00	Aug 21	0.05	0.06	$0.06	16.7%	3.1K	0.13	40.8K
$82.50	Aug 21	0.12	0.13	$0.13	7.7%	16.7K	0.26	10.2K
$82.00	Aug 24	0.08	0.09	$0.09	11.1%	704	0.16	860
$83.50	Aug 19	0.52	0.56	$0.54	7.4%	90	0.91	1

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 269 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Aug 19	14.90	15.05	$14.98	1.0%	64	1.00	12
$69.00	Aug 19	13.90	14.05	$13.98	1.1%	77	1.00	21
$70.00	Aug 19	12.90	13.05	$12.98	1.2%	100	1.00	187
$71.00	Aug 19	11.90	12.05	$11.98	1.3%	159	1.00	187
$72.00	Aug 19	10.90	11.05	$10.98	1.4%	231	1.00	39

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.00	Aug 21	3.00	3.10	$3.05	3.3%	10	1.00	1.0K
$87.00	Aug 21	3.95	4.10	$4.03	3.7%	--	1.00	18
$88.00	Aug 21	4.95	5.10	$5.03	3.0%	--	1.00	1.0K
$89.00	Aug 21	5.95	6.10	$6.03	2.5%	10	1.00	31
$92.00	Aug 21	8.95	9.10	$9.02	1.7%	--	1.00	20

Most actively traded options today. High liquidity = easy entry/exit. 464 active (total vol 264.4K, top 22.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 19	0.11	0.12	$0.12	8.3%	22.2K	0.47	3.4K
$86.00	Sep 4	0.08	0.09	$0.09	11.1%	11.6K	0.08	7.3K
$82.50	Aug 21	0.63	0.66	$0.65	4.6%	10.8K	0.74	49.2K
$82.00	Aug 21	1.05	1.09	$1.07	3.7%	8.3K	0.88	26.9K
$83.00	Aug 21	0.32	0.33	$0.33	3.0%	7.7K	0.50	54.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 21	0.12	0.13	$0.13	7.7%	16.7K	0.26	10.2K
$80.50	Sep 2	0.10	0.11	$0.11	9.1%	8.7K	0.11	--
$82.50	Aug 19	0.01	0.02	$0.02	50.0%	6.4K	0.09	334
$83.00	Aug 19	0.13	0.14	$0.14	7.1%	4.9K	0.53	--
$83.00	Sep 18	1.05	1.06	$1.06	0.9%	4.1K	0.54	86.5K

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 26.9%, max 26.9%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 19	Oct 2	15.5%	12.3%	26.9%	22.2K	4.7K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 19	Oct 2	15.5%	12.3%	26.9%	4.9K	74

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 99 found (best R:R 1.44, avg 1.90)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$83.00	Aug 21	$0.32	$0.18	$0.32	74%	0.56	$82.82
$84.00	$84.50	Aug 31	$0.10	$0.40	$0.10	26%	4.00	$84.10
$84.00	$84.50	Sep 4	$0.11	$0.39	$0.11	27%	3.55	$84.11
$83.50	$84.00	Aug 24	$0.10	$0.40	$0.10	30%	4.00	$83.60
$83.00	$83.50	Aug 28	$0.22	$0.28	$0.22	50%	1.27	$83.22

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 30	$0.41	$0.59	$0.41	53%	1.44	$82.59
$84.00	$83.00	Sep 18	$0.59	$0.41	$0.59	68%	0.69	$83.41
$83.00	$82.00	Sep 18	$0.42	$0.58	$0.42	54%	1.38	$82.58
$84.00	$83.00	Sep 30	$0.58	$0.42	$0.58	65%	0.72	$83.42
$82.00	$81.50	Sep 25	$0.15	$0.35	$0.15	39%	2.33	$81.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 56 found (best R:R 0.75, avg 0.48)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 18	$0.43	$0.43	$0.57	53%	0.75	$83.43
$84.00	$85.00	Sep 30	$0.31	$0.31	$0.69	65%	0.45	$84.31
$83.00	$84.00	Sep 30	$0.44	$0.44	$0.56	53%	0.79	$83.44
$84.00	$85.00	Sep 18	$0.26	$0.26	$0.74	68%	0.35	$84.26
$83.00	$83.50	Sep 2	$0.23	$0.23	$0.27	54%	0.85	$83.23

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Sep 4	$0.10	$0.10	$0.40	74%	0.25	$81.40
$82.50	$82.00	Aug 28	$0.13	$0.13	$0.37	64%	0.35	$82.37
$82.00	$81.50	Sep 2	$0.12	$0.12	$0.38	68%	0.32	$81.88
$81.50	$81.00	Sep 11	$0.11	$0.11	$0.39	71%	0.28	$81.39
$82.50	$82.00	Aug 26	$0.11	$0.11	$0.39	66%	0.28	$82.39

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.19, cheapest $0.17)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 19	Aug 21	$0.21	15.5%	11.8%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 19	Aug 21	$0.17	15.5%	11.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 216 found (cheapest 0.31% of stock, avg 4.14%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 19	$0.12	$0.14	$0.26	$82.74	$83.26	0.31%
$82.50	Aug 19	$0.49	$0.02	$0.51	$81.99	$83.01	0.61%
$83.50	Aug 19	$0.02	$0.54	$0.56	$82.94	$84.06	0.67%
$83.00	Aug 21	$0.33	$0.31	$0.64	$82.36	$83.64	0.77%
$83.00	Aug 24	$0.39	$0.36	$0.75	$82.25	$83.75	0.90%
$83.50	Aug 21	$0.14	$0.63	$0.77	$82.73	$84.27	0.93%
$82.50	Aug 21	$0.65	$0.13	$0.78	$81.72	$83.28	0.94%
$83.50	Aug 24	$0.19	$0.67	$0.86	$82.64	$84.36	1.04%
$82.50	Aug 24	$0.71	$0.18	$0.89	$81.61	$83.39	1.07%
$83.00	Aug 26	$0.49	$0.45	$0.94	$82.06	$83.94	1.13%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 276 found (cheapest 0.05% of stock, avg 0.88%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.50	$82.50	Aug 19	$0.02	$0.02	$0.04	$82.46	$83.54
$84.50	$81.50	Aug 21	$0.03	$0.03	$0.06	$81.44	$84.56
$84.50	$81.50	Aug 24	$0.04	$0.05	$0.09	$81.41	$84.59
$85.00	$80.50	Aug 26	$0.05	$0.04	$0.09	$80.41	$85.09
$84.50	$82.00	Aug 21	$0.03	$0.06	$0.09	$81.91	$84.59
$84.00	$81.50	Aug 21	$0.06	$0.03	$0.09	$81.41	$84.09
$85.00	$81.00	Aug 26	$0.05	$0.06	$0.11	$80.89	$85.11
$84.00	$82.00	Aug 21	$0.06	$0.06	$0.12	$81.88	$84.12
$84.50	$80.50	Aug 26	$0.08	$0.04	$0.12	$80.38	$84.62
$84.50	$82.00	Aug 24	$0.04	$0.09	$0.13	$81.87	$84.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 16 found (best R:R 1.50, avg credit $0.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/84	Oct 2	$0.30	$0.20	36%	1.50	$80.70	$84.30
80/81	85/86	Oct 2	$0.23	$0.27	47%	0.85	$80.77	$85.23
80/81	84/85	Oct 2	$0.25	$0.25	42%	1.00	$80.75	$84.75
81/82	84/85	Sep 25	$0.25	$0.25	40%	1.00	$81.25	$84.75
81/82	84/84	Sep 25	$0.28	$0.22	34%	1.27	$81.22	$84.28
81/82	84/84	Sep 11	$0.24	$0.26	42%	0.92	$81.26	$84.24
81/82	84/84	Sep 4	$0.21	$0.29	47%	0.72	$81.29	$84.21
82/82	84/84	Sep 2	$0.23	$0.27	42%	0.85	$81.77	$84.23
82/82	84/84	Sep 4	$0.24	$0.26	38%	0.92	$81.76	$84.24
82/82	84/84	Aug 26	$0.24	$0.26	33%	0.92	$82.26	$83.74

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 92 found (best R:R 0.85, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.50	$83.00	$83.50	Aug 19	$0.27	$0.23	83%	0.85
$80.00	$81.00	$82.00	Sep 30	$0.09	$0.91	26%	10.11
$81.00	$82.00	$83.00	Sep 30	$0.12	$0.88	30%	7.33
$80.00	$81.00	$82.00	Sep 18	$0.11	$0.89	28%	8.09
$83.00	$83.50	$84.00	Aug 19	$0.09	$0.41	45%	4.56

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$83.00	$83.50	$84.00	Aug 19	$0.08	$0.42	45%	5.25
$82.00	$82.50	$83.00	Aug 19	$0.11	$0.39	50%	3.55
$82.50	$83.00	$83.50	Aug 19	$0.28	$0.22	82%	0.79
$81.00	$82.00	$83.00	Sep 30	$0.12	$0.88	26%	7.33
$79.00	$80.00	$81.00	Sep 18	$0.06	$0.94	15%	15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 168 found (best net $-3.06, 157 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 11	-$3.06	$1.94
$79.00	$81.00	1:2	Sep 2	-$0.24	$1.76
$81.00	$82.00	1:2	Sep 2	-$0.49	$0.51
$83.00	$84.00	1:2	Sep 18	-$0.11	$0.89
$82.50	$83.00	1:2	Aug 24	-$0.07	$0.43

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$89.00	$86.50	1:2	Sep 2	-$1.31	$1.19
$85.00	$84.00	1:2	Aug 21	-$0.09	$0.91
$85.00	$84.00	1:2	Aug 26	-$0.21	$0.79
$85.00	$84.00	1:2	Aug 28	-$0.30	$0.70
$85.00	$84.00	1:2	Aug 31	-$0.33	$0.67

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 77 found (best yield 1.41%, avg 0.40%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 2	$1.17	0.46	0.0%	1.41%	1.42%	27	1.2K
$83.00	Sep 30	$1.16	0.47	0.0%	1.40%	1.41%	712	8.9K
$83.50	Oct 2	$0.93	0.40	0.6%	1.12%	1.74%	161	82
$83.00	Sep 25	$1.08	0.47	0.0%	1.30%	1.31%	387	1.1K
$84.00	Sep 30	$0.72	0.35	1.2%	0.87%	2.08%	239	23.1K
$84.00	Oct 2	$0.73	0.34	1.2%	0.88%	2.10%	7	188
$83.50	Sep 25	$0.84	0.40	0.6%	1.01%	1.63%	187	547
$84.00	Sep 25	$0.64	0.34	1.2%	0.77%	1.99%	380	458
$84.50	Oct 2	$0.55	0.28	1.8%	0.66%	2.48%	78	49
$83.00	Sep 18	$0.96	0.47	0.0%	1.16%	1.17%	6.0K	62.2K

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 183,393

Total Puts 81,422

Put/Call Ratio 0.44

Net Difference 101,971

Prior's Put/Call Breakdown

Total Calls 110,252

Total Puts 46,307

Put/Call Ratio 0.42

Net Difference 63,945

Prior 7-Day Put/Call Summary

Total Calls 1,762,831

Total Puts 1,366,924

Average Put/Call Ratio 0.81

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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