TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.84 +1.44%

(8/19 12:01) ◀

Wednesday, August 19, 2026 (1:00pm)

▶ (8/19 14:01)

◀ 8/19 13:01 ▶

Option Volume

Detail

ℹ

Current (08/19 1:00pm) 439,609

Calls: 328,713 (75%)

Puts: 110,896 (25%)

Prior (08/18) 307,321

Calls: 138,704 (45%)

Puts: 168,617 (55%)

Current vs Prior +43.05%

Calls: +136.99% (Calls)

Puts: -34.23% (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 -1.68%

Calls: +30.53%

Puts: -43.21%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/19 1:00pm) $24.63M

Calls: $19.15M (78%)

Puts: $5.47M (22%)

Prior (08/18) $15.53M

Calls: $7.50M (48%)

Puts: $8.02M (52%)

Current vs Prior +58.60%

Calls: +155.27%

Puts: -31.78%

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 -63.47%

Calls: -64.09%

Puts: -61.11%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/19 1:00pm) 0.34

Prior (08/18) 1.22

Current vs Prior -72.25%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg -58.23%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/19 1:00pm) 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 0.68% | 1.11%1.11% | 1.71%0.68% | 3.22%

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

Current vs Prior -18.82% | -3.52%-3.52% | -0.73%-18.82% | +1.23%

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

Current vs 7-Day Avg -29.20% | -8.03%+1.30% | +3.11%-35.50% | -5.02%

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

Current vs 7-Day Eod -18.82% | -3.52%-3.52% | -0.73%-18.82% | +0.84%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 22.86% | 9.84%

Calls: 17.14% | 9.43%

Puts: 28.57% | 10.26%

Prior 8.58% | 3.15%

Calls: 6.90% | 2.22%

Puts: 10.26% | 4.08%

Current vs Prior +166.43% | +212.38%

Prior 7-Day Avg 5.94% | 3.23%

Calls: 5.54% | 2.98%

Puts: 6.34% | 3.49%

Current vs 7-Day Avg +284.76% | +204.37%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($19.15M) vs puts ($5.47M). Elevated premium activity with dollar volume up 59% vs prior. Extreme bullish P/C ratio of 0.34 - heavy call buying (328,713 calls vs 110,896 puts). P/C ratio dropping 72% - 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 NEUTRAL

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
13:00	BULLISH	BULLISH	BULLISH
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 327 of results (avg 4.0%, best 0.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 18	12.85	12.95	$12.90	0.8%	386	1.00	335
$68.00	Aug 19	14.75	14.90	$14.83	1.0%	82	1.00	12
$69.00	Aug 19	13.75	13.90	$13.83	1.1%	97	1.00	21
$70.00	Sep 4	12.85	13.00	$12.93	1.2%	218	1.00	1
$70.00	Sep 30	12.85	13.00	$12.93	1.2%	--	1.00	155

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$99.00	Aug 19	16.10	16.25	$16.18	0.9%	21	0.99	--
$98.00	Sep 18	15.30	15.45	$15.38	1.0%	--	0.98	16
$98.00	Aug 19	15.10	15.25	$15.18	1.0%	34	0.99	--
$97.00	Sep 30	14.30	14.45	$14.38	1.0%	--	0.98	72
$97.00	Aug 19	14.10	14.25	$14.18	1.1%	77	0.99	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 129 found (avg $0.44, cheapest $0.35)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 19	0.32	0.38	$0.35	17.1%	3.0K	0.84	2.3K
$83.00	Aug 21	0.22	0.24	$0.23	8.7%	10.8K	0.41	54.3K
$83.00	Aug 24	0.29	0.32	$0.31	9.7%	4.1K	0.43	586
$83.50	Aug 26	0.20	0.22	$0.21	9.5%	7.7K	0.28	154
$82.50	Aug 21	0.50	0.55	$0.53	9.4%	12.1K	0.67	49.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 21	0.15	0.18	$0.16	18.8%	18.7K	0.33	10.2K
$82.50	Aug 24	0.20	0.24	$0.22	18.2%	643	0.36	251
$83.00	Aug 21	0.37	0.41	$0.39	10.3%	3.0K	0.59	55.5K
$83.50	Aug 19	0.59	0.71	$0.65	18.5%	117	0.97	1
$82.00	Aug 26	0.16	0.19	$0.18	16.7%	950	0.24	648

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 281 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%	82	1.00	12
$69.00	Aug 19	13.75	13.90	$13.83	1.1%	97	1.00	21
$70.00	Aug 19	12.75	12.90	$12.83	1.2%	109	1.00	187
$71.00	Aug 19	11.75	11.90	$11.83	1.3%	174	1.00	187
$72.00	Aug 19	10.75	10.90	$10.83	1.4%	255	1.00	39

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$89.50	Aug 19	6.60	6.75	$6.68	2.2%	288	0.99	--
$90.00	Aug 19	7.10	7.25	$7.18	2.1%	368	0.99	--
$88.50	Aug 19	5.60	5.75	$5.68	2.6%	332	0.99	--
$89.00	Aug 19	6.10	6.25	$6.18	2.4%	235	0.99	--
$87.50	Aug 19	4.60	4.75	$4.68	3.2%	162	0.99	--

Most actively traded options today. High liquidity = easy entry/exit. 511 active (total vol 439.1K, top 40.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 19	0.02	0.04	$0.03	66.7%	40.8K	0.22	3.4K
$84.00	Sep 30	0.68	0.72	$0.70	5.7%	37.3K	0.33	23.1K
$82.00	Aug 21	0.90	0.96	$0.93	6.5%	19.6K	0.83	26.9K
$83.00	Sep 18	0.88	0.92	$0.90	4.4%	13.7K	0.44	62.2K
$84.00	Sep 18	0.47	0.51	$0.49	8.2%	12.8K	0.30	37.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 21	0.15	0.18	$0.16	18.8%	18.7K	0.33	10.2K
$82.50	Aug 19	0.02	0.04	$0.03	66.7%	12.7K	0.17	334
$80.50	Sep 2	0.12	0.14	$0.13	15.4%	8.7K	0.13	--
$83.00	Aug 19	0.18	0.24	$0.21	28.6%	6.9K	0.78	--
$83.00	Sep 18	1.15	1.18	$1.17	2.6%	4.6K	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. 4 strikes (avg 68.3%, max 117.5%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 19	Oct 2	21.0%	9.7%	117.5%	3.2K	2.4K
$83.00	Aug 19	Oct 2	14.8%	12.5%	19.1%	40.8K	4.7K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 19	Oct 2	21.0%	9.7%	117.5%	12.9K	412
$83.00	Aug 19	Oct 2	14.8%	12.5%	19.1%	6.9K	74

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 102 found (best R:R 2.13, avg 1.92)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$77.00	$78.00	Aug 24	$0.65	$0.35	$0.65	100%	0.54	$77.65
$77.00	$77.50	Sep 11	$0.15	$0.35	$0.15	100%	2.33	$77.15
$85.00	$86.00	Sep 18	$0.11	$0.89	$0.11	18%	8.09	$85.11
$83.50	$84.00	Sep 11	$0.15	$0.35	$0.15	35%	2.33	$83.65
$84.50	$85.00	Sep 25	$0.11	$0.39	$0.11	26%	3.55	$84.61

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$97.00	$96.00	Sep 18	$0.32	$0.68	$0.32	98%	2.13	$96.68
$84.00	$83.00	Sep 18	$0.59	$0.41	$0.59	70%	0.69	$83.41
$83.00	$82.00	Sep 30	$0.43	$0.57	$0.43	55%	1.33	$82.57
$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

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 57 found (best R:R 0.69, avg 0.46)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 18	$0.41	$0.41	$0.59	56%	0.69	$83.41
$83.00	$84.00	Sep 30	$0.43	$0.43	$0.57	54%	0.75	$83.43
$84.00	$85.00	Sep 18	$0.24	$0.24	$0.76	70%	0.32	$84.24
$84.00	$85.00	Sep 30	$0.29	$0.29	$0.71	67%	0.41	$84.29
$83.00	$83.50	Oct 2	$0.24	$0.24	$0.26	56%	0.92	$83.24

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.50	Aug 28	$0.10	$0.10	$0.40	72%	0.25	$81.90
$80.00	$79.00	Sep 18	$0.11	$0.11	$0.89	83%	0.12	$79.89
$82.50	$82.00	Aug 24	$0.11	$0.11	$0.39	64%	0.28	$82.39
$82.50	$82.00	Aug 28	$0.15	$0.15	$0.35	60%	0.43	$82.35
$81.50	$81.00	Sep 4	$0.11	$0.11	$0.39	71%	0.28	$81.39

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. 225 found (cheapest 0.29% of stock, avg 4.12%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 19	$0.03	$0.21	$0.24	$82.76	$83.24	0.29%
$82.50	Aug 19	$0.35	$0.03	$0.38	$82.12	$82.88	0.46%
$83.00	Aug 21	$0.23	$0.39	$0.62	$82.38	$83.62	0.75%
$83.50	Aug 19	$0.01	$0.65	$0.66	$82.84	$84.16	0.80%
$82.50	Aug 21	$0.53	$0.16	$0.69	$81.81	$83.19	0.83%
$83.00	Aug 24	$0.31	$0.44	$0.75	$82.25	$83.75	0.91%
$82.50	Aug 24	$0.59	$0.22	$0.81	$81.69	$83.31	0.98%
$83.50	Aug 21	$0.09	$0.74	$0.83	$82.67	$84.33	1.00%
$82.00	Aug 19	$0.84	$0.01	$0.85	$81.15	$82.85	1.03%
$83.50	Aug 24	$0.14	$0.78	$0.92	$82.58	$84.42	1.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 272 found (cheapest 0.07% of stock, avg 0.90%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.00	$82.50	Aug 19	$0.03	$0.03	$0.06	$82.44	$83.06
$84.50	$81.00	Aug 24	$0.04	$0.03	$0.07	$80.93	$84.57
$84.00	$81.50	Aug 21	$0.04	$0.04	$0.08	$81.42	$84.08
$84.50	$81.50	Aug 24	$0.04	$0.05	$0.09	$81.41	$84.59
$84.00	$81.00	Aug 24	$0.06	$0.03	$0.09	$80.91	$84.09
$85.00	$81.00	Aug 26	$0.05	$0.05	$0.10	$80.90	$85.10
$84.50	$81.00	Aug 26	$0.06	$0.05	$0.11	$80.89	$84.61
$84.00	$81.50	Aug 24	$0.06	$0.05	$0.11	$81.39	$84.11
$85.00	$80.50	Aug 28	$0.06	$0.06	$0.12	$80.38	$85.12
$84.00	$82.00	Aug 21	$0.04	$0.08	$0.12	$81.88	$84.12

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 20 found (best R:R 1.17, avg credit $0.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/84	Sep 25	$0.27	$0.23	40%	1.17	$80.73	$84.27
80/80	84/84	Oct 2	$0.26	$0.24	40%	1.08	$80.24	$84.26
80/80	84/85	Oct 2	$0.23	$0.27	46%	0.85	$80.27	$84.73
81/82	84/84	Sep 4	$0.27	$0.23	38%	1.17	$81.23	$83.77
81/82	84/84	Sep 25	$0.29	$0.21	34%	1.38	$81.21	$84.29
80/81	84/84	Oct 2	$0.28	$0.22	35%	1.27	$80.72	$84.28
80/81	84/85	Oct 2	$0.25	$0.25	41%	1.00	$80.75	$84.75
80/81	84/85	Sep 25	$0.22	$0.28	46%	0.79	$80.78	$84.72
81/82	84/84	Sep 11	$0.24	$0.26	41%	0.92	$81.26	$84.24
81/82	84/85	Sep 25	$0.24	$0.26	40%	0.92	$81.26	$84.74

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 107 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	$0.17	$0.33	74%	1.94
$81.00	$82.00	$83.00	Sep 18	$0.13	$0.87	34%	6.69
$80.00	$81.00	$82.00	Sep 30	$0.09	$0.91	25%	10.11
$80.00	$81.00	$82.00	Sep 18	$0.12	$0.88	29%	7.33
$81.00	$82.00	$83.00	Sep 30	$0.12	$0.88	29%	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 19	$0.16	$0.34	73%	2.12
$82.50	$83.00	$83.50	Aug 19	$0.26	$0.24	80%	0.92
$81.00	$82.00	$83.00	Sep 30	$0.11	$0.89	26%	8.09
$79.00	$80.00	$81.00	Sep 18	$0.06	$0.94	16%	15.67
$82.50	$83.00	$83.50	Aug 21	$0.12	$0.38	47%	3.17

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 166 found (best net $-2.93, 155 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 4	-$2.93	$2.07
$70.00	$75.00	1:2	Sep 11	-$2.96	$2.04
$81.00	$82.00	1:2	Sep 2	-$0.38	$0.62
$83.00	$84.00	1:2	Sep 18	-$0.08	$0.92
$82.00	$82.50	1:2	Aug 21	-$0.13	$0.37

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$89.00	$86.50	1:2	Sep 2	-$1.46	$1.04
$85.00	$84.00	1:2	Aug 21	-$0.21	$0.79
$85.00	$84.00	1:2	Aug 26	-$0.30	$0.70
$85.00	$84.00	1:2	Aug 31	-$0.43	$0.57
$84.00	$83.50	1:2	Aug 19	-$0.17	$0.33

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 72 found (best yield 1.34%, avg 0.37%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 2	$1.11	0.45	0.2%	1.34%	1.53%	99	1.2K
$83.00	Sep 30	$1.10	0.46	0.2%	1.33%	1.52%	4.2K	8.9K
$83.50	Oct 2	$0.88	0.39	0.8%	1.06%	1.86%	212	82
$83.00	Sep 25	$1.01	0.45	0.2%	1.22%	1.41%	742	1.1K
$84.00	Sep 30	$0.68	0.33	1.4%	0.82%	2.22%	37.3K	23.1K
$84.00	Oct 2	$0.68	0.33	1.4%	0.82%	2.22%	127	188
$83.50	Sep 25	$0.78	0.38	0.8%	0.94%	1.74%	203	547
$84.50	Oct 2	$0.53	0.27	2.0%	0.64%	2.64%	282	49
$84.00	Sep 25	$0.59	0.32	1.4%	0.71%	2.11%	691	458
$83.00	Sep 18	$0.88	0.44	0.2%	1.06%	1.26%	13.7K	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 328,713

Total Puts 110,896

Put/Call Ratio 0.34

Net Difference 217,817

Prior's Put/Call Breakdown

Total Calls 138,704

Total Puts 168,617

Put/Call Ratio 1.22

Net Difference -29,913

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
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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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