TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.21 -0.16%

(8/20 19:10) ◀

Friday, August 21, 2026 (10:00am)

▶ (8/21 11:00)

◀ 8/21 10:00 ▶

Option Volume

Detail

ℹ

Current (08/21 10:00am) 75,934

Calls: 41,274 (54%)

Puts: 34,660 (46%)

Prior (08/20) 59,779

Calls: 34,685 (58%)

Puts: 25,094 (42%)

Current vs Prior +27.02%

Calls: +19.00% (Calls)

Puts: +38.12% (Puts)

Prior 7-Day Total 3,270,871

Calls: 1,912,899 (58%)

Puts: 1,357,972 (42%)

Prior 7-Day Average 467,267

Calls: 273,271 (58%)

Puts: 193,996 (42%)

Current vs Prior 7-Day Avg -83.75%

Calls: -84.90%

Puts: -82.13%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/21 10:00am) $4.40M

Calls: $2.16M (49%)

Puts: $2.24M (51%)

Prior (08/20) $2.27M

Calls: $1.30M (57%)

Puts: $964.4K (43%)

Current vs Prior +94.05%

Calls: +65.48%

Puts: +132.70%

Prior 7-Day Total $428.87M

Calls: $333.91M (78%)

Puts: $94.96M (22%)

Prior 7-Day Average $61.27M

Calls: $47.70M (78%)

Puts: $13.57M (22%)

Current vs Prior 7-Day Avg -92.81%

Calls: -95.47%

Puts: -83.46%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (08/21 10:00am) 0.84

Prior (08/20) 0.72

Current vs Prior +16.07%

Prior 7-Day Average 0.77

Current vs Prior 7-Day Avg +9.74%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (08/21 10:00am) 3,692,834

Calls: 2,163,209 (59%)

Puts: 1,529,625 (41%)

Prior (08/20) 3,616,060

Calls: 2,065,821 (57%)

Puts: 1,550,239 (43%)

Current vs Prior +2.12%

Prior 7-Day Total 23,510,964

Calls: 12,877,742 (55%)

Puts: 10,633,222 (45%)

Prior 7-Day Average 3,358,709

Calls: 1,839,677 (55%)

Puts: 1,519,031 (45%)

Current vs Prior 7-Day Avg +9.95%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (08/21) | Next (08/24)Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)

Current 0.71% | 0.99%0.71% | 1.54%0.71% | 3.15%

Prior 1.07% | 1.22%1.07% | 1.64%0.65% | 3.14%

Current vs Prior -34.19% | -19.01%-34.19% | -5.70%+8.47% | +0.21%

Prior 7-Day Avg 0.95% | 1.19%1.06% | 1.63%0.93% | 3.33%

Current vs 7-Day Avg -25.97% | -17.07%-33.20% | -5.23%-24.30% | -5.26%

Prior 7-Day Eod 1.07% | 1.22%0.90% | 1.65%0.90% | 3.17%

Current vs 7-Day Eod -34.19% | -19.01%-21.50% | -6.47%-21.50% | -0.61%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 10.10% | 2.47%

Calls: 7.69% | 2.56%

Puts: 12.50% | 2.38%

Prior 6.68% | 5.01%

Calls: 6.45% | 5.26%

Puts: 6.90% | 4.76%

Current vs Prior +51.20% | -50.70%

Prior 7-Day Avg 6.20% | 3.57%

Calls: 5.57% | 3.42%

Puts: 6.83% | 3.73%

Current vs 7-Day Avg +62.94% | -30.90%

Liquidity Good

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🤖 AI Insights

Elevated premium activity with dollar volume up 94% vs prior.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current NEUTRAL

Prior BULLISH

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	BEARISH	BULLISH	BULLISH
15:00	BEARISH	BULLISH	BULLISH
14:00	BEARISH	BULLISH	BULLISH
13:00	BEARISH	BULLISH	BULLISH
12:00	BEARISH	BULLISH	BULLISH
11:00	BULLISH	BULLISH	BULLISH
10:00	BEARISH	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 356 of results (avg 2.6%, best 0.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 11	12.25	12.30	$12.28	0.4%	--	1.00	154
$70.00	Sep 18	12.25	12.30	$12.28	0.4%	--	1.00	298
$70.00	Sep 30	12.25	12.30	$12.28	0.4%	--	1.00	155
$71.00	Sep 18	11.25	11.30	$11.28	0.4%	--	1.00	20
$81.00	Sep 25	1.83	1.84	$1.84	0.5%	--	0.67	315

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$98.00	Sep 18	16.00	16.05	$16.02	0.3%	--	0.99	16
$97.00	Sep 18	15.00	15.05	$15.03	0.3%	--	0.99	298
$96.00	Sep 18	14.00	14.05	$14.03	0.4%	--	0.99	1.1K
$95.00	Sep 18	13.00	13.05	$13.03	0.4%	--	0.99	2.0K
$94.00	Sep 18	12.00	12.05	$12.03	0.4%	--	0.99	1.9K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 159 found (avg $0.35, cheapest $0.26)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 21	0.25	0.27	$0.26	7.7%	1.0K	0.76	14.0K
$82.50	Aug 24	0.13	0.14	$0.14	7.1%	305	0.33	1.4K
$83.50	Aug 26	0.05	0.06	$0.06	16.7%	11	0.11	7.4K
$83.00	Aug 26	0.11	0.12	$0.12	8.3%	2.2K	0.21	5.5K
$82.00	Aug 24	0.38	0.39	$0.39	2.6%	1.7K	0.63	1.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 21	0.30	0.34	$0.32	12.5%	920	0.81	21.7K
$82.00	Aug 24	0.15	0.16	$0.16	6.3%	780	0.37	2.2K
$81.00	Aug 26	0.05	0.06	$0.06	16.7%	404	0.11	677
$81.50	Aug 26	0.12	0.13	$0.13	7.7%	11	0.23	1.8K
$82.50	Aug 24	0.41	0.42	$0.42	2.4%	401	0.67	1.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 259 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$75.00	Aug 24	7.20	7.25	$7.23	0.7%	--	1.00	49
$78.00	Aug 24	4.20	4.25	$4.22	1.2%	--	1.00	20
$79.00	Aug 24	3.20	3.25	$3.23	1.5%	--	1.00	30
$80.00	Aug 24	2.21	2.25	$2.23	1.8%	1	1.00	57
$80.50	Aug 24	1.71	1.75	$1.73	2.3%	1	1.00	136

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 21	1.27	1.31	$1.29	3.1%	12	1.00	577
$84.00	Aug 21	1.77	1.81	$1.79	2.2%	6	1.00	17.0K
$84.50	Aug 21	2.27	2.31	$2.29	1.7%	16	1.00	3
$85.00	Aug 21	2.77	2.81	$2.79	1.4%	18	1.00	7.8K
$85.50	Aug 21	3.25	3.35	$3.30	3.0%	18	1.00	4

Most actively traded options today. High liquidity = easy entry/exit. 287 active (total vol 75.9K, top 14.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Sep 18	0.16	0.17	$0.17	5.9%	14.1K	0.13	84.9K
$91.00	Sep 30	0.03	0.04	$0.04	25.0%	3.0K	0.02	2.2K
$83.00	Aug 26	0.11	0.12	$0.12	8.3%	2.2K	0.21	5.5K
$82.00	Aug 24	0.38	0.39	$0.39	2.6%	1.7K	0.63	1.3K
$82.50	Aug 28	0.38	0.39	$0.39	2.6%	1.6K	0.42	14.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 21	0.04	0.05	$0.05	20.0%	9.1K	0.24	48.9K
$82.00	Sep 18	0.94	0.95	$0.95	1.1%	5.5K	0.51	129.8K
$83.00	Sep 18	1.51	1.52	$1.52	0.7%	5.5K	0.65	78.1K
$78.00	Sep 18	0.10	0.11	$0.11	9.1%	4.1K	0.08	75.5K
$79.00	Sep 2	0.04	0.05	$0.05	20.0%	985	0.06	3.0K

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 32.4%, max 46.6%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 21	Oct 2	14.5%	9.9%	46.6%	1.1K	14.4K
$82.50	Aug 21	Oct 2	14.7%	12.4%	18.2%	1.2K	48.2K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 21	Oct 2	14.5%	9.9%	46.6%	9.1K	49.5K
$82.50	Aug 21	Oct 2	14.7%	12.4%	18.2%	921	22.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 95 found (best R:R 0.85, avg 1.98)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$82.00	Aug 28	$0.33	$0.17	$0.33	73%	0.52	$81.83
$85.00	$86.00	Sep 30	$0.11	$0.89	$0.11	17%	8.09	$85.11
$81.00	$82.00	Sep 18	$0.62	$0.38	$0.62	69%	0.61	$81.62
$83.50	$84.00	Sep 25	$0.13	$0.37	$0.13	30%	2.85	$83.63
$81.50	$82.00	Aug 31	$0.33	$0.17	$0.33	71%	0.52	$81.83

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 30	$0.54	$0.46	$0.54	62%	0.85	$82.46
$82.00	$81.00	Sep 30	$0.39	$0.61	$0.39	51%	1.56	$81.61
$83.00	$82.00	Sep 18	$0.57	$0.43	$0.57	65%	0.75	$82.43
$81.50	$81.00	Sep 25	$0.17	$0.33	$0.17	43%	1.94	$81.33
$82.00	$81.50	Sep 25	$0.21	$0.29	$0.21	51%	1.38	$81.79

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 55 found (best R:R 0.52, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 30	$0.34	$0.34	$0.66	62%	0.52	$83.34
$83.00	$84.00	Sep 18	$0.29	$0.29	$0.71	65%	0.41	$83.29
$84.00	$85.00	Sep 30	$0.21	$0.21	$0.79	74%	0.27	$84.21
$82.50	$83.00	Sep 4	$0.19	$0.19	$0.31	60%	0.61	$82.69
$82.50	$83.00	Oct 2	$0.22	$0.22	$0.28	57%	0.79	$82.72

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.50	Aug 24	$0.11	$0.11	$0.39	63%	0.28	$81.89
$82.00	$81.50	Aug 28	$0.17	$0.17	$0.33	58%	0.52	$81.83
$82.00	$81.50	Sep 2	$0.22	$0.22	$0.28	51%	0.79	$81.78
$82.00	$81.50	Aug 26	$0.14	$0.14	$0.36	59%	0.39	$81.86
$81.00	$80.50	Sep 2	$0.10	$0.10	$0.40	74%	0.25	$80.90

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. 212 found (cheapest 0.38% of stock, avg 4.24%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Aug 21	$0.26	$0.05	$0.31	$81.69	$82.31	0.38%
$82.50	Aug 21	$0.03	$0.32	$0.35	$82.15	$82.85	0.43%
$82.00	Aug 24	$0.39	$0.16	$0.55	$81.45	$82.55	0.67%
$82.50	Aug 24	$0.14	$0.42	$0.56	$81.94	$83.06	0.68%
$81.50	Aug 21	$0.73	$0.02	$0.75	$80.75	$82.25	0.91%
$82.00	Aug 26	$0.52	$0.27	$0.79	$81.21	$82.79	0.96%
$82.50	Aug 26	$0.26	$0.53	$0.79	$81.71	$83.29	0.96%
$83.00	Aug 21	$0.01	$0.80	$0.81	$82.19	$83.81	0.99%
$81.50	Aug 24	$0.78	$0.05	$0.83	$80.67	$82.33	1.01%
$83.00	Aug 24	$0.05	$0.82	$0.87	$82.13	$83.87	1.06%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 244 found (cheapest 0.06% of stock, avg 0.82%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$81.50	Aug 21	$0.03	$0.02	$0.05	$81.45	$82.55
$84.00	$80.50	Aug 26	$0.03	$0.03	$0.06	$80.44	$84.06
$83.50	$81.50	Aug 24	$0.02	$0.05	$0.07	$81.43	$83.57
$84.50	$80.00	Aug 28	$0.04	$0.04	$0.08	$79.92	$84.58
$82.50	$82.00	Aug 21	$0.03	$0.05	$0.08	$81.92	$82.58
$83.50	$80.50	Aug 26	$0.06	$0.03	$0.09	$80.41	$83.59
$84.00	$81.00	Aug 26	$0.03	$0.06	$0.09	$80.91	$84.09
$83.00	$81.50	Aug 24	$0.05	$0.05	$0.10	$81.40	$83.10
$84.50	$80.50	Aug 28	$0.04	$0.07	$0.11	$80.39	$84.61
$84.00	$80.00	Aug 28	$0.07	$0.04	$0.11	$79.89	$84.11

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 17 found (best R:R 1.38, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	84/84	Oct 2	$0.29	$0.21	36%	1.38	$80.21	$83.79
80/80	84/84	Oct 2	$0.26	$0.24	41%	1.08	$79.74	$83.76
80/80	84/84	Oct 2	$0.26	$0.24	41%	1.08	$80.24	$84.26
80/80	84/84	Oct 2	$0.23	$0.27	47%	0.85	$79.77	$84.23
80/80	84/84	Sep 25	$0.23	$0.27	46%	0.85	$80.27	$84.23
80/80	84/84	Sep 25	$0.25	$0.25	40%	1.00	$80.25	$83.75
80/81	83/84	Sep 2	$0.22	$0.28	46%	0.79	$80.78	$83.22
80/81	83/84	Sep 4	$0.23	$0.27	41%	0.85	$80.77	$83.23
80/81	83/84	Sep 11	$0.26	$0.24	35%	1.08	$80.74	$83.26
80/81	84/84	Sep 11	$0.22	$0.28	43%	0.79	$80.78	$83.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 96 found (best R:R 11.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$79.00	$80.00	$81.00	Sep 18	$0.08	$0.92	27%	11.50
$82.00	$82.50	$83.00	Aug 21	$0.21	$0.29	73%	1.38
$80.00	$81.00	$82.00	Sep 30	$0.12	$0.88	29%	7.33
$78.00	$79.00	$80.00	Sep 30	$0.06	$0.94	18%	15.67
$81.50	$82.00	$82.50	Aug 24	$0.14	$0.36	54%	2.57

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 21	$0.21	$0.29	72%	1.38
$81.50	$82.00	$82.50	Aug 21	$0.24	$0.26	74%	1.08
$79.00	$80.00	$81.00	Sep 18	$0.09	$0.91	22%	10.11
$81.50	$82.00	$82.50	Aug 24	$0.15	$0.35	53%	2.33
$82.00	$82.50	$83.00	Aug 26	$0.09	$0.41	38%	4.56

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 147 found (best net $-2.28, 138 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 11	-$2.28	$2.72
$75.00	$78.00	1:2	Aug 24	-$1.21	$1.79
$75.00	$78.00	1:2	Sep 2	-$1.35	$1.65
$71.00	$75.00	1:2	Sep 18	-$3.22	$0.78
$71.00	$75.00	1:2	Sep 2	-$3.23	$0.77

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$2.07	$2.43
$85.50	$84.00	1:2	Sep 2	-$0.69	$0.81
$82.00	$81.00	1:2	Sep 18	-$0.17	$0.83
$83.00	$82.00	1:2	Sep 18	-$0.38	$0.62
$83.50	$83.00	1:2	Aug 21	-$0.31	$0.19

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 0.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Oct 2	$1.04	0.43	0.3%	1.27%	1.62%	--	212
$83.00	Sep 30	$0.82	0.38	1.0%	1.00%	1.96%	557	10.3K
$83.00	Oct 2	$0.82	0.37	1.0%	1.00%	1.96%	1	1.4K
$82.50	Sep 25	$0.94	0.43	0.3%	1.14%	1.50%	110	6.2K
$83.50	Oct 2	$0.64	0.31	1.6%	0.78%	2.35%	4	282
$83.00	Sep 25	$0.73	0.37	1.0%	0.89%	1.85%	5	1.3K
$84.00	Oct 2	$0.49	0.26	2.2%	0.60%	2.77%	1	327
$83.50	Sep 25	$0.56	0.30	1.6%	0.68%	2.25%	4	2.5K
$84.00	Sep 30	$0.48	0.26	2.2%	0.58%	2.76%	817	52.2K
$83.00	Sep 18	$0.61	0.35	1.0%	0.74%	1.70%	1.5K	76.1K

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 41,274

Total Puts 34,660

Put/Call Ratio 0.84

Net Difference 6,614

Prior's Put/Call Breakdown

Total Calls 34,685

Total Puts 25,094

Put/Call Ratio 0.72

Net Difference 9,591

Prior 7-Day Put/Call Summary

Total Calls 1,912,899

Total Puts 1,357,972

Average Put/Call Ratio 0.77

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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