TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.88 +1.49%

(8/19 14:01) ◀

Wednesday, August 19, 2026 (3:00pm)

▶ (8/19 15:16)

◀ 8/19 15:01 ▶

Option Volume

Detail

ℹ

Current (08/19 3:00pm) 524,919

Calls: 379,603 (72%)

Puts: 145,316 (28%)

Prior (08/18) 368,936

Calls: 171,411 (46%)

Puts: 197,525 (54%)

Current vs Prior +42.28%

Calls: +121.46% (Calls)

Puts: -26.43% (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 +17.40%

Calls: +50.74%

Puts: -25.58%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/19 3:00pm) $28.39M

Calls: $22.30M (79%)

Puts: $6.09M (21%)

Prior (08/18) $19.03M

Calls: $9.81M (52%)

Puts: $9.22M (48%)

Current vs Prior +49.14%

Calls: +127.28%

Puts: -33.97%

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 -57.89%

Calls: -58.19%

Puts: -56.73%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/19 3:00pm) 0.38

Prior (08/18) 1.15

Current vs Prior -66.78%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg -52.60%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/19 3:00pm) 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 0.63% | 1.06%1.06% | 1.67%0.63% | 3.14%

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

Current vs Prior -24.66% | -7.76%-7.76% | -3.57%-24.65% | -1.47%

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

Current vs 7-Day Avg -34.29% | -12.07%-3.15% | +0.16%-40.13% | -7.55%

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

Current vs 7-Day Eod -24.66% | -7.76%-7.76% | -3.57%-24.65% | -1.85%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 17.30% | 3.32%

Calls: 13.16% | 3.70%

Puts: 21.43% | 2.94%

Prior 8.58% | 3.15%

Calls: 6.90% | 2.22%

Puts: 10.26% | 4.08%

Current vs Prior +101.63% | +5.40%

Prior 7-Day Avg 5.94% | 3.23%

Calls: 5.54% | 2.98%

Puts: 6.34% | 3.49%

Current vs 7-Day Avg +191.18% | +2.70%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 79% of dollar volume in calls ($22.30M) vs puts ($6.09M). Extreme bullish P/C ratio of 0.38 - heavy call buying (379,603 calls vs 145,316 puts). P/C ratio dropping 67% - 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 BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

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
15:00	BULLISH	BULLISH	BULLISH
14:00	BULLISH	BULLISH	BULLISH
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

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High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 407 of results (avg 2.4%, best 0.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Aug 19	14.85	14.90	$14.88	0.3%	82	1.00	12
$69.00	Aug 19	13.85	13.90	$13.88	0.4%	116	1.00	21
$70.00	Aug 26	12.90	12.95	$12.93	0.4%	6	1.00	6
$70.00	Aug 19	12.85	12.90	$12.88	0.4%	188	1.00	187
$71.00	Aug 19	11.85	11.90	$11.88	0.4%	237	1.00	187

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$99.00	Aug 19	16.10	16.15	$16.13	0.3%	22	1.00	--
$98.00	Sep 18	15.30	15.35	$15.33	0.3%	--	0.99	16
$98.00	Aug 19	15.10	15.15	$15.13	0.3%	36	1.00	--
$97.00	Sep 30	14.30	14.35	$14.33	0.3%	--	0.99	72
$97.00	Aug 19	14.10	14.15	$14.13	0.4%	80	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 181 found (avg $0.33, cheapest $0.38)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 19	0.35	0.40	$0.38	13.2%	3.6K	0.95	2.3K
$83.50	Aug 21	0.08	0.09	$0.09	11.1%	4.0K	0.20	21.4K
$84.00	Aug 24	0.06	0.07	$0.07	14.3%	450	0.13	968
$83.00	Aug 21	0.23	0.24	$0.24	4.2%	13.6K	0.44	54.3K
$83.50	Aug 24	0.13	0.14	$0.14	7.1%	1.4K	0.25	600

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 21	0.13	0.14	$0.14	7.1%	23.9K	0.30	10.2K
$82.00	Aug 24	0.08	0.09	$0.09	11.1%	1.4K	0.17	860
$82.50	Aug 24	0.18	0.19	$0.19	5.3%	680	0.33	251
$83.00	Aug 21	0.33	0.34	$0.34	2.9%	5.1K	0.56	55.5K
$81.50	Aug 26	0.07	0.08	$0.08	12.5%	131	0.12	1.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 293 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$74.00	Aug 24	8.85	8.95	$8.90	1.1%	22	1.00	--
$75.00	Aug 24	7.85	7.95	$7.90	1.3%	22	1.00	49
$76.00	Aug 24	6.85	6.95	$6.90	1.4%	22	1.00	1
$77.00	Aug 24	5.85	5.95	$5.90	1.7%	23	1.00	--
$78.00	Aug 24	4.90	4.95	$4.93	1.0%	28	1.00	22

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Aug 19	1.11	1.14	$1.13	2.7%	34	1.00	2
$84.50	Aug 19	1.61	1.64	$1.63	1.8%	3	1.00	--
$85.00	Aug 19	2.11	2.14	$2.13	1.4%	4	1.00	--
$85.50	Aug 19	2.61	2.64	$2.63	1.1%	16	1.00	--
$86.00	Aug 19	3.10	3.15	$3.13	1.6%	186	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 542 active (total vol 524.4K, top 44.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 19	0.01	0.02	$0.02	50.0%	44.3K	0.19	3.4K
$84.00	Sep 30	0.68	0.70	$0.69	2.9%	37.4K	0.34	23.1K
$82.00	Aug 21	0.94	0.97	$0.96	3.1%	20.8K	0.88	26.9K
$83.00	Sep 18	0.90	0.91	$0.91	1.1%	18.3K	0.45	62.2K
$86.00	Aug 31	0.04	0.05	$0.05	20.0%	15.5K	0.06	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 21	0.13	0.14	$0.14	7.1%	23.9K	0.30	10.2K
$82.50	Aug 19	0.00	0.01	$0.01	100.0%	16.3K	0.05	334
$83.00	Aug 19	0.12	0.15	$0.14	21.4%	10.8K	0.81	--
$80.50	Sep 2	0.10	0.11	$0.11	9.1%	8.7K	0.12	--
$82.00	Aug 28	0.20	0.21	$0.21	4.8%	8.0K	0.25	9.1K

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 16.3%, max 16.3%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 19	Oct 2	14.3%	12.3%	16.3%	44.5K	4.7K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 19	Oct 2	14.3%	12.3%	16.3%	10.8K	74

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 95 found (best R:R 2.45, avg 1.87)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$83.00	Aug 21	$0.30	$0.20	$0.30	70%	0.67	$82.80
$83.00	$83.50	Aug 31	$0.20	$0.30	$0.20	47%	1.50	$83.20
$83.00	$83.50	Aug 28	$0.20	$0.30	$0.20	47%	1.50	$83.20
$85.00	$86.00	Sep 18	$0.12	$0.88	$0.12	18%	7.33	$85.12
$83.50	$84.00	Aug 31	$0.14	$0.36	$0.14	35%	2.57	$83.64

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Sep 30	$0.29	$0.71	$0.29	41%	2.45	$81.71
$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
$84.00	$83.00	Sep 18	$0.62	$0.38	$0.62	70%	0.61	$83.38
$82.50	$82.00	Oct 2	$0.21	$0.29	$0.21	51%	1.38	$82.29

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 54 found (best R:R 0.69, avg 0.47)

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	55%	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 30	$0.29	$0.29	$0.71	66%	0.41	$84.29
$83.00	$83.50	Oct 2	$0.24	$0.24	$0.26	55%	0.92	$83.24
$84.00	$85.00	Sep 18	$0.24	$0.24	$0.76	70%	0.32	$84.24

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$82.00	Aug 24	$0.10	$0.10	$0.40	67%	0.25	$82.40
$82.50	$82.00	Aug 31	$0.15	$0.15	$0.35	61%	0.43	$82.35
$82.50	$82.00	Sep 4	$0.20	$0.20	$0.30	53%	0.67	$82.30
$82.50	$82.00	Aug 28	$0.14	$0.14	$0.36	62%	0.39	$82.36
$82.00	$81.50	Sep 2	$0.13	$0.13	$0.37	66%	0.35	$81.87

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. 230 found (cheapest 0.19% of stock, avg 4.16%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 19	$0.02	$0.14	$0.16	$82.84	$83.16	0.19%
$82.50	Aug 19	$0.38	$0.01	$0.39	$82.11	$82.89	0.47%
$83.00	Aug 21	$0.24	$0.34	$0.58	$82.42	$83.58	0.70%
$83.50	Aug 19	$0.01	$0.63	$0.64	$82.86	$84.14	0.77%
$82.50	Aug 21	$0.54	$0.14	$0.68	$81.82	$83.18	0.82%
$83.00	Aug 24	$0.31	$0.40	$0.71	$82.29	$83.71	0.86%
$83.50	Aug 21	$0.09	$0.69	$0.78	$82.72	$84.28	0.94%
$82.50	Aug 24	$0.61	$0.19	$0.80	$81.70	$83.30	0.97%
$83.50	Aug 24	$0.14	$0.73	$0.87	$82.63	$84.37	1.05%
$82.00	Aug 19	$0.88	$0.01	$0.89	$81.11	$82.89	1.07%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 274 found (cheapest 0.04% of stock, avg 0.86%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.00	$82.50	Aug 19	$0.02	$0.01	$0.03	$82.47	$83.03
$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
$84.50	$81.50	Aug 24	$0.04	$0.04	$0.08	$81.42	$84.58
$84.50	$82.00	Aug 21	$0.03	$0.05	$0.08	$81.92	$84.58
$84.00	$82.00	Aug 21	$0.04	$0.05	$0.09	$81.91	$84.09
$85.00	$81.00	Aug 26	$0.05	$0.05	$0.10	$80.90	$85.10
$84.00	$81.00	Aug 24	$0.07	$0.03	$0.10	$80.90	$84.10
$84.00	$81.50	Aug 24	$0.07	$0.04	$0.11	$81.39	$84.11

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 15 found (best R:R 1.50, avg credit $0.30)

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	84/85	Oct 2	$0.26	$0.24	42%	1.08	$80.74	$84.76
80/81	84/85	Sep 25	$0.22	$0.28	46%	0.79	$80.78	$84.72
80/81	84/84	Sep 25	$0.25	$0.25	40%	1.00	$80.75	$84.25
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
82/82	84/84	Sep 2	$0.28	$0.22	33%	1.27	$81.72	$83.78
81/82	84/84	Sep 4	$0.25	$0.25	39%	1.00	$81.25	$83.75
81/82	84/84	Sep 11	$0.23	$0.27	42%	0.85	$81.27	$84.23
79/80	84/85	Sep 30	$0.41	$0.59	48%	0.69	$79.59	$84.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 99 found (best R:R 2.85, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 19	$0.14	$0.36	78%	2.57
$79.00	$80.00	$81.00	Sep 18	$0.06	$0.94	20%	15.67
$81.00	$82.00	$83.00	Sep 18	$0.16	$0.84	35%	5.25
$82.50	$83.00	$83.50	Aug 19	$0.35	$0.15	91%	0.43
$81.00	$82.00	$83.00	Sep 30	$0.13	$0.87	30%	6.69

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 19	$0.13	$0.37	79%	2.85
$82.50	$83.00	$83.50	Aug 19	$0.36	$0.14	91%	0.39
$82.00	$82.50	$83.00	Aug 21	$0.11	$0.39	44%	3.55
$80.00	$81.00	$82.00	Sep 30	$0.10	$0.90	22%	9.00
$81.50	$82.00	$82.50	Aug 24	$0.05	$0.45	25%	9.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 167 found (best net $-3.01, 157 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 4	-$3.01	$1.99
$70.00	$75.00	1:2	Sep 11	-$3.01	$1.99
$81.00	$82.00	1:2	Sep 2	-$0.37	$0.63
$82.00	$82.50	1:2	Aug 21	-$0.12	$0.38
$83.00	$84.00	1:2	Sep 18	-$0.09	$0.91

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$89.00	$86.50	1:2	Sep 2	-$1.41	$1.09
$85.00	$84.00	1:2	Aug 21	-$0.17	$0.83
$85.00	$84.00	1:2	Aug 26	-$0.25	$0.75
$85.00	$84.00	1:2	Aug 31	-$0.35	$0.65
$84.00	$83.50	1:2	Aug 19	-$0.13	$0.37

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 77 found (best yield 1.35%, avg 0.36%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 2	$1.12	0.45	0.1%	1.35%	1.50%	193	1.2K
$83.00	Sep 30	$1.11	0.46	0.1%	1.34%	1.48%	4.2K	8.9K
$83.50	Oct 2	$0.89	0.39	0.8%	1.07%	1.82%	215	82
$83.00	Sep 25	$1.03	0.46	0.1%	1.24%	1.39%	742	1.1K
$84.00	Sep 30	$0.68	0.34	1.4%	0.82%	2.17%	37.4K	23.1K
$84.00	Oct 2	$0.69	0.33	1.4%	0.83%	2.18%	130	188
$83.50	Sep 25	$0.80	0.39	0.8%	0.97%	1.71%	203	547
$84.50	Oct 2	$0.53	0.27	1.9%	0.64%	2.59%	303	49
$84.00	Sep 25	$0.60	0.32	1.4%	0.72%	2.08%	692	458
$83.00	Sep 18	$0.90	0.45	0.1%	1.09%	1.23%	18.3K	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 379,603

Total Puts 145,316

Put/Call Ratio 0.38

Net Difference 234,287

Prior's Put/Call Breakdown

Total Calls 171,411

Total Puts 197,525

Put/Call Ratio 1.15

Net Difference -26,114

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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