TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.84 +1.45%

(8/19 11:01) ◀

Wednesday, August 19, 2026 (12:00pm)

▶ (8/19 13:01)

◀ 8/19 12:01 ▶

Option Volume

Detail

ℹ

Current (08/19 12:00pm) 391,400

Calls: 294,112 (75%)

Puts: 97,288 (25%)

Prior (08/18) 291,534

Calls: 128,526 (44%)

Puts: 163,008 (56%)

Current vs Prior +34.26%

Calls: +128.83% (Calls)

Puts: -40.32% (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 -12.46%

Calls: +16.79%

Puts: -50.18%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/19 12:00pm) $22.90M

Calls: $17.86M (78%)

Puts: $5.04M (22%)

Prior (08/18) $14.73M

Calls: $6.73M (46%)

Puts: $7.99M (54%)

Current vs Prior +55.50%

Calls: +165.18%

Puts: -36.92%

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 -66.03%

Calls: -66.52%

Puts: -64.18%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/19 12:00pm) 0.33

Prior (08/18) 1.27

Current vs Prior -73.92%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg -59.04%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/19 12:00pm) 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 0.70% | 1.11%1.11% | 1.73%0.70% | 3.20%

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

Current vs Prior -15.92% | -3.52%-3.52% | -0.03%-15.92% | +0.47%

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

Current vs 7-Day Avg -26.67% | -8.03%+1.30% | +3.84%-33.20% | -5.73%

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

Current vs 7-Day Eod -15.92% | -3.52%-3.52% | -0.03%-15.92% | +0.08%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 10.16% | 2.24%

Calls: 10.81% | 1.85%

Puts: 9.52% | 2.63%

Prior 8.58% | 3.15%

Calls: 6.90% | 2.22%

Puts: 10.26% | 4.08%

Current vs Prior +18.41% | -28.89%

Prior 7-Day Avg 5.94% | 3.23%

Calls: 5.54% | 2.98%

Puts: 6.34% | 3.49%

Current vs 7-Day Avg +71.00% | -30.71%

Liquidity Good

Add Card

🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($17.86M) vs puts ($5.04M). Elevated premium activity with dollar volume up 56% vs prior. Extreme bullish P/C ratio of 0.33 - heavy call buying (294,112 calls vs 97,288 puts). P/C ratio dropping 74% - sentiment shifting bullish.

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
12:00	BULLISH	BULLISH	BULLISH
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 391 of results (avg 2.9%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 30	1.71	1.72	$1.72	0.6%	7.6K	0.60	11.0K
$69.00	Aug 19	13.80	13.90	$13.85	0.7%	95	1.00	21
$82.50	Sep 25	1.32	1.33	$1.33	0.8%	1.2K	0.52	4.9K
$70.00	Aug 26	12.85	12.95	$12.90	0.8%	6	1.00	6
$70.00	Aug 19	12.80	12.90	$12.85	0.8%	108	1.00	187

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$99.00	Aug 19	16.10	16.20	$16.15	0.6%	11	1.00	--
$98.00	Aug 19	15.10	15.20	$15.15	0.7%	21	1.00	--
$97.00	Aug 19	14.10	14.20	$14.15	0.7%	67	1.00	--
$95.00	Aug 19	12.10	12.20	$12.15	0.8%	129	1.00	--
$83.50	Sep 2	1.19	1.20	$1.19	0.8%	25	0.68	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 191 found (avg $0.33, cheapest $0.21)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 19	0.35	0.39	$0.37	10.8%	2.7K	0.86	2.3K
$83.50	Aug 21	0.09	0.10	$0.10	10.0%	1.6K	0.21	21.4K
$84.00	Aug 24	0.06	0.07	$0.07	14.3%	382	0.13	968
$83.00	Aug 21	0.24	0.25	$0.25	4.0%	8.5K	0.43	54.3K
$83.50	Aug 24	0.14	0.15	$0.15	6.7%	277	0.25	600

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 19	0.20	0.22	$0.21	9.5%	6.1K	0.73	--
$82.00	Aug 21	0.06	0.07	$0.07	14.3%	3.2K	0.15	40.8K
$82.50	Aug 21	0.16	0.17	$0.17	5.9%	17.6K	0.32	10.2K
$81.50	Aug 24	0.05	0.06	$0.06	16.7%	36	0.11	1.2K
$82.00	Aug 24	0.10	0.11	$0.11	9.1%	751	0.19	860

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 275 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Aug 19	14.75	14.90	$14.83	1.0%	80	1.00	12
$69.00	Aug 19	13.80	13.90	$13.85	0.7%	95	1.00	21
$70.00	Aug 19	12.80	12.90	$12.85	0.8%	108	1.00	187
$71.00	Aug 19	11.80	11.90	$11.85	0.8%	171	1.00	187
$72.00	Aug 19	10.80	10.90	$10.85	0.9%	253	1.00	39

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.00	Aug 21	3.10	3.20	$3.15	3.2%	10	1.00	1.0K
$87.00	Aug 21	4.10	4.20	$4.15	2.4%	--	1.00	18
$88.00	Aug 21	5.10	5.20	$5.15	1.9%	--	1.00	1.0K
$89.00	Aug 21	6.10	6.20	$6.15	1.6%	10	1.00	31
$92.00	Aug 21	9.10	9.25	$9.18	1.6%	--	1.00	20

Most actively traded options today. High liquidity = easy entry/exit. 499 active (total vol 391.0K, top 37.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 30	0.71	0.72	$0.72	1.4%	37.3K	0.34	23.1K
$83.00	Aug 19	0.04	0.05	$0.05	20.0%	34.8K	0.27	3.4K
$82.00	Aug 21	0.92	0.97	$0.95	5.3%	19.5K	0.85	26.9K
$84.00	Sep 18	0.52	0.53	$0.53	1.9%	12.5K	0.31	37.5K
$83.00	Sep 18	0.92	0.93	$0.93	1.1%	11.7K	0.45	62.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 21	0.16	0.17	$0.17	5.9%	17.6K	0.32	10.2K
$82.50	Aug 19	0.02	0.03	$0.03	33.3%	11.0K	0.15	334
$80.50	Sep 2	0.12	0.13	$0.13	7.7%	8.7K	0.13	--
$83.00	Aug 19	0.20	0.22	$0.21	9.5%	6.1K	0.73	--
$83.00	Sep 18	1.14	1.16	$1.15	1.7%	4.4K	0.56	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. 3 strikes (avg 40.9%, max 83.0%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 19	Oct 2	15.0%	12.5%	19.8%	34.9K	4.7K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 19	Oct 2	17.8%	9.7%	83.0%	11.2K	412
$83.00	Aug 19	Oct 2	15.0%	12.5%	19.8%	6.1K	74

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 103 found (best R:R 1.27, avg 1.93)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$83.00	Aug 19	$0.32	$0.18	$0.32	86%	0.56	$82.82
$84.00	$84.50	Sep 4	$0.10	$0.40	$0.10	25%	4.00	$84.10
$81.50	$82.00	Oct 2	$0.32	$0.18	$0.32	67%	0.56	$81.82
$82.50	$83.00	Aug 24	$0.28	$0.22	$0.28	65%	0.79	$82.78
$83.50	$84.00	Aug 28	$0.13	$0.37	$0.13	33%	2.85	$83.63

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 30	$0.44	$0.56	$0.44	55%	1.27	$82.56
$83.00	$82.00	Sep 18	$0.44	$0.56	$0.44	56%	1.27	$82.56
$81.00	$80.00	Sep 30	$0.19	$0.81	$0.19	29%	4.26	$80.81
$84.00	$83.00	Sep 18	$0.62	$0.38	$0.62	69%	0.61	$83.38
$82.00	$81.50	Sep 25	$0.16	$0.34	$0.16	41%	2.12	$81.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 59 found (best R:R 0.43, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$84.00	$85.00	Sep 30	$0.30	$0.30	$0.70	66%	0.43	$84.30
$83.00	$84.00	Sep 18	$0.40	$0.40	$0.60	55%	0.67	$83.40
$84.00	$85.00	Sep 18	$0.25	$0.25	$0.75	69%	0.33	$84.25
$83.00	$84.00	Sep 30	$0.42	$0.42	$0.58	54%	0.72	$83.42
$83.00	$83.50	Sep 2	$0.21	$0.21	$0.29	57%	0.72	$83.21

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$82.00	Aug 21	$0.10	$0.10	$0.40	68%	0.25	$82.40
$82.00	$81.50	Aug 31	$0.11	$0.11	$0.39	71%	0.28	$81.89
$82.00	$81.50	Aug 28	$0.10	$0.10	$0.40	73%	0.25	$81.90
$82.50	$82.00	Sep 2	$0.20	$0.20	$0.30	53%	0.67	$82.30
$82.50	$82.00	Aug 24	$0.11	$0.11	$0.39	65%	0.28	$82.39

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 220 found (cheapest 0.31% of stock, avg 4.13%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 19	$0.05	$0.21	$0.26	$82.74	$83.26	0.31%
$82.50	Aug 19	$0.37	$0.03	$0.40	$82.10	$82.90	0.48%
$83.00	Aug 21	$0.25	$0.38	$0.63	$82.37	$83.63	0.76%
$83.50	Aug 19	$0.01	$0.66	$0.67	$82.83	$84.17	0.81%
$82.50	Aug 21	$0.54	$0.17	$0.71	$81.79	$83.21	0.86%
$83.00	Aug 24	$0.32	$0.44	$0.76	$82.24	$83.76	0.92%
$82.50	Aug 24	$0.60	$0.22	$0.82	$81.68	$83.32	0.99%
$83.50	Aug 21	$0.10	$0.73	$0.83	$82.67	$84.33	1.00%
$82.00	Aug 19	$0.85	$0.01	$0.86	$81.14	$82.86	1.04%
$83.50	Aug 24	$0.15	$0.77	$0.92	$82.58	$84.42	1.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 279 found (cheapest 0.07% of stock, avg 0.89%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$84.50	$81.50	Aug 21	$0.03	$0.03	$0.06	$81.44	$84.56
$84.50	$81.00	Aug 24	$0.04	$0.03	$0.07	$80.93	$84.57
$84.00	$81.50	Aug 21	$0.04	$0.03	$0.07	$81.43	$84.07
$85.00	$80.50	Aug 26	$0.05	$0.04	$0.09	$80.41	$85.09
$83.00	$82.50	Aug 19	$0.05	$0.03	$0.08	$82.42	$83.08
$84.50	$81.50	Aug 24	$0.04	$0.06	$0.10	$81.40	$84.60
$84.00	$81.00	Aug 24	$0.07	$0.03	$0.10	$80.90	$84.10
$85.00	$81.00	Aug 26	$0.05	$0.06	$0.11	$80.89	$85.11
$84.50	$82.00	Aug 21	$0.03	$0.07	$0.10	$81.90	$84.60
$84.50	$80.50	Aug 26	$0.07	$0.04	$0.11	$80.39	$84.61

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 19 found (best R:R 1.17, avg credit $0.30)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/85	Oct 2	$0.27	$0.23	40%	1.17	$80.73	$84.77
80/80	84/85	Oct 2	$0.24	$0.26	46%	0.92	$80.26	$84.74
80/81	84/84	Sep 25	$0.27	$0.23	39%	1.17	$80.73	$84.27
80/81	84/84	Oct 2	$0.29	$0.21	35%	1.38	$80.71	$84.29
80/80	84/84	Oct 2	$0.26	$0.24	40%	1.08	$80.24	$84.26
80/81	84/85	Sep 25	$0.23	$0.27	45%	0.85	$80.77	$84.73
81/82	84/84	Sep 25	$0.29	$0.21	33%	1.38	$81.21	$84.29
81/82	84/85	Sep 25	$0.25	$0.25	39%	1.00	$81.25	$84.75
81/82	84/84	Sep 11	$0.24	$0.26	41%	0.92	$81.26	$84.24
82/82	84/84	Aug 31	$0.25	$0.25	37%	1.00	$81.75	$83.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 102 found (best R:R 2.12, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 19	$0.16	$0.34	69%	2.12
$79.00	$80.00	$81.00	Sep 30	$0.06	$0.94	19%	15.67
$81.00	$82.00	$83.00	Sep 30	$0.12	$0.88	29%	7.33
$82.50	$83.00	$83.50	Aug 19	$0.28	$0.22	82%	0.79
$81.00	$82.00	$83.00	Sep 18	$0.16	$0.84	33%	5.25

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 19	$0.16	$0.34	70%	2.12
$82.50	$83.00	$83.50	Aug 19	$0.27	$0.23	82%	0.85
$82.00	$82.50	$83.00	Aug 21	$0.11	$0.39	42%	3.55
$81.00	$82.00	$83.00	Sep 18	$0.15	$0.85	29%	5.67
$83.00	$83.50	$84.00	Aug 26	$0.06	$0.44	28%	7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 173 found (best net $-2.93, 164 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 11	-$2.93	$2.07
$70.00	$75.00	1:2	Sep 4	-$2.97	$2.03
$81.00	$82.00	1:2	Sep 2	-$0.38	$0.62
$82.00	$82.50	1:2	Aug 21	-$0.13	$0.37
$83.00	$84.00	1:2	Sep 18	-$0.13	$0.87

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$89.00	$86.50	1:2	Sep 2	-$1.42	$1.08
$85.00	$84.00	1:2	Aug 21	-$0.18	$0.82
$85.00	$84.00	1:2	Aug 26	-$0.27	$0.73
$85.00	$84.00	1:2	Aug 28	-$0.37	$0.63
$85.00	$84.00	1:2	Aug 31	-$0.42	$0.58

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 77 found (best yield 1.38%, avg 0.38%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 2	$1.14	0.45	0.2%	1.38%	1.57%	72	1.2K
$83.00	Sep 30	$1.13	0.46	0.2%	1.36%	1.56%	2.4K	8.9K
$83.50	Oct 2	$0.91	0.39	0.8%	1.10%	1.90%	202	82
$83.00	Sep 25	$1.05	0.45	0.2%	1.27%	1.46%	442	1.1K
$84.00	Sep 30	$0.71	0.34	1.4%	0.86%	2.26%	37.3K	23.1K
$84.00	Oct 2	$0.72	0.33	1.4%	0.87%	2.27%	127	188
$83.50	Sep 25	$0.82	0.39	0.8%	0.99%	1.79%	203	547
$84.50	Oct 2	$0.56	0.28	2.0%	0.68%	2.68%	278	49
$84.00	Sep 25	$0.63	0.33	1.4%	0.76%	2.16%	548	458
$83.00	Sep 18	$0.92	0.45	0.2%	1.11%	1.30%	11.7K	62.2K

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 294,112

Total Puts 97,288

Put/Call Ratio 0.33

Net Difference 196,824

Prior's Put/Call Breakdown

Total Calls 128,526

Total Puts 163,008

Put/Call Ratio 1.27

Net Difference -34,482

Prior 7-Day Put/Call Summary

Total Calls 1,762,831

Total Puts 1,366,924

Average Put/Call Ratio 0.81

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

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

Add Card