TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.07 -0.33%

(8/21 10:00) ◀

Friday, August 21, 2026 (11:00am)

▶ (8/21 12:00)

◀ 8/21 11:00 ▶

Option Volume

Detail

ℹ

Current (08/21 11:00am) 181,130

Calls: 94,220 (52%)

Puts: 86,910 (48%)

Prior (08/20) 181,849

Calls: 100,200 (55%)

Puts: 81,649 (45%)

Current vs Prior -0.40%

Calls: -5.97% (Calls)

Puts: +6.44% (Puts)

Prior 7-Day Total 3,398,257

Calls: 1,879,022 (55%)

Puts: 1,519,235 (45%)

Prior 7-Day Average 485,465

Calls: 268,431 (55%)

Puts: 217,033 (45%)

Current vs Prior 7-Day Avg -62.69%

Calls: -64.90%

Puts: -59.96%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/21 11:00am) $13.80M

Calls: $5.45M (40%)

Puts: $8.35M (60%)

Prior (08/20) $9.66M

Calls: $5.24M (54%)

Puts: $4.42M (46%)

Current vs Prior +42.90%

Calls: +4.10%

Puts: +88.92%

Prior 7-Day Total $343.84M

Calls: $234.16M (68%)

Puts: $109.68M (32%)

Prior 7-Day Average $49.12M

Calls: $33.45M (68%)

Puts: $15.67M (32%)

Current vs Prior 7-Day Avg -71.90%

Calls: -83.69%

Puts: -46.73%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (08/21 11:00am) 0.92

Prior (08/20) 0.81

Current vs Prior +13.20%

Prior 7-Day Average 0.84

Current vs Prior 7-Day Avg +9.66%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (08/21 11:00am) 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 23,914,602

Calls: 13,243,625 (55%)

Puts: 10,670,977 (45%)

Prior 7-Day Average 3,416,371

Calls: 1,891,946 (55%)

Puts: 1,524,425 (45%)

Current vs Prior 7-Day Avg +8.09%

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 0.72% | 1.00%0.72% | 1.55%0.72% | 3.22%

Prior 0.91% | 1.12%0.91% | 1.65%0.91% | 3.17%

Current vs Prior -21.06% | -10.55%-21.05% | -6.29%-21.05% | +1.51%

Prior 7-Day Avg 0.94% | 1.16%1.00% | 1.61%0.86% | 3.26%

Current vs 7-Day Avg -23.71% | -14.12%-28.25% | -3.70%-16.62% | -1.44%

Prior 7-Day Eod 0.91% | 1.12%0.90% | 1.65%0.90% | 3.17%

Current vs 7-Day Eod -21.06% | -10.55%-20.01% | -6.31%-20.01% | +1.48%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 11.21% | 4.55%

Calls: 13.33% | 3.33%

Puts: 9.09% | 5.77%

Prior 3.89% | 3.46%

Calls: 4.65% | 1.92%

Puts: 3.13% | 5.00%

Current vs Prior +188.17% | +31.50%

Prior 7-Day Avg 6.04% | 3.53%

Calls: 5.46% | 3.14%

Puts: 6.63% | 3.91%

Current vs 7-Day Avg +85.51% | +28.95%

Liquidity Acceptable

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Moderately bearish flow with 60% put dollar volume ($8.35M).

Smart Money BEARISH

Retail Flow NEUTRAL

Overall MIXED

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
11:00	BEARISH	NEUTRAL	MIXED
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

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Best Value <$1

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High Delta

⚖️

Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 368 of results (avg 2.4%, best 0.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$67.00	Aug 21	15.05	15.10	$15.08	0.3%	83	1.00	19
$68.00	Aug 21	14.05	14.10	$14.08	0.4%	61	1.00	19
$70.00	Sep 2	12.10	12.15	$12.13	0.4%	--	1.00	16
$70.00	Sep 11	12.10	12.15	$12.13	0.4%	--	1.00	154
$70.00	Aug 24	12.05	12.10	$12.08	0.4%	5	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$98.00	Aug 21	15.90	15.95	$15.93	0.3%	2	1.00	--
$97.00	Aug 21	14.90	14.95	$14.93	0.3%	9	1.00	--
$96.00	Aug 21	13.90	13.95	$13.93	0.4%	12	1.00	--
$95.00	Aug 21	12.90	12.95	$12.93	0.4%	10	1.00	--
$94.00	Aug 21	11.90	11.95	$11.93	0.4%	7	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 164 found (avg $0.32, cheapest $0.08)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 21	0.14	0.16	$0.15	13.3%	3.1K	0.61	14.0K
$82.50	Aug 24	0.09	0.10	$0.10	10.0%	752	0.25	1.4K
$82.00	Aug 24	0.29	0.30	$0.30	3.3%	1.9K	0.54	1.3K
$83.00	Aug 26	0.09	0.10	$0.10	10.0%	2.4K	0.18	5.5K
$81.50	Aug 21	0.56	0.61	$0.59	8.5%	109	0.92	4.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 21	0.07	0.08	$0.08	12.5%	12.5K	0.39	48.9K
$81.50	Aug 24	0.07	0.08	$0.08	12.5%	491	0.20	3.4K
$82.00	Aug 24	0.20	0.21	$0.21	4.8%	1.6K	0.46	2.2K
$82.50	Aug 21	0.42	0.46	$0.44	9.1%	1.7K	0.90	21.7K
$81.00	Aug 26	0.07	0.08	$0.08	12.5%	766	0.14	677

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 262 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Aug 24	12.05	12.10	$12.08	0.4%	5	1.00	--
$75.00	Aug 24	7.05	7.10	$7.07	0.7%	--	1.00	49
$78.00	Aug 24	4.05	4.10	$4.07	1.2%	4	1.00	20
$79.00	Aug 24	3.05	3.10	$3.08	1.6%	4	1.00	30
$80.00	Aug 24	2.07	2.11	$2.09	1.9%	1	1.00	57

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 21	1.41	1.45	$1.43	2.8%	13	1.00	577
$84.00	Aug 21	1.92	1.95	$1.94	1.5%	18	1.00	17.0K
$84.50	Aug 21	2.41	2.45	$2.43	1.6%	16	1.00	3
$85.00	Aug 21	2.91	2.95	$2.93	1.4%	36	1.00	7.8K
$85.50	Aug 21	3.40	3.45	$3.43	1.5%	24	1.00	4

Most actively traded options today. High liquidity = easy entry/exit. 363 active (total vol 180.7K, top 27.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Sep 18	0.16	0.17	$0.17	5.9%	24.2K	0.12	84.9K
$84.00	Sep 18	0.31	0.32	$0.32	3.1%	9.4K	0.21	55.7K
$83.00	Sep 18	0.58	0.59	$0.59	1.7%	8.0K	0.33	76.1K
$82.00	Aug 21	0.14	0.16	$0.15	13.3%	3.1K	0.61	14.0K
$91.00	Sep 30	0.04	0.05	$0.05	20.0%	3.0K	0.03	2.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 18	1.63	1.65	$1.64	1.2%	27.0K	0.67	78.1K
$82.00	Aug 21	0.07	0.08	$0.08	12.5%	12.5K	0.39	48.9K
$82.00	Sep 18	1.04	1.05	$1.05	1.0%	11.9K	0.53	129.8K
$78.00	Sep 18	0.12	0.13	$0.13	7.7%	4.1K	0.09	75.5K
$79.00	Sep 2	0.05	0.06	$0.06	16.7%	1.7K	0.07	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. 2 strikes (avg 4.3%, max 4.3%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 21	Oct 2	13.5%	12.9%	4.3%	3.1K	14.4K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 21	Oct 2	13.5%	12.9%	4.3%	12.5K	49.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 90 found (best R:R 1.44, avg 1.97)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$83.50	Sep 4	$0.10	$0.40	$0.10	27%	4.00	$83.10
$85.00	$86.00	Sep 30	$0.11	$0.89	$0.11	16%	8.09	$85.11
$82.00	$82.50	Aug 28	$0.22	$0.28	$0.22	53%	1.27	$82.22
$81.50	$82.00	Aug 26	$0.33	$0.17	$0.33	72%	0.52	$81.83
$81.50	$82.00	Aug 31	$0.31	$0.19	$0.31	67%	0.61	$81.81

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Sep 30	$0.41	$0.59	$0.41	53%	1.44	$81.59
$82.00	$81.00	Sep 18	$0.41	$0.59	$0.41	53%	1.44	$81.59
$81.50	$81.00	Sep 25	$0.18	$0.32	$0.18	46%	1.78	$81.32
$83.00	$82.00	Sep 30	$0.57	$0.43	$0.57	64%	0.75	$82.43
$82.00	$81.50	Oct 2	$0.23	$0.27	$0.23	54%	1.17	$81.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 53 found (best R:R 0.37, avg 0.46)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 18	$0.27	$0.27	$0.73	67%	0.37	$83.27
$83.00	$84.00	Sep 30	$0.31	$0.31	$0.69	64%	0.45	$83.31
$84.00	$85.00	Sep 30	$0.20	$0.20	$0.80	75%	0.25	$84.20
$82.50	$83.00	Sep 2	$0.16	$0.16	$0.34	64%	0.47	$82.66
$82.50	$83.00	Sep 4	$0.17	$0.17	$0.33	63%	0.52	$82.67

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Aug 28	$0.12	$0.12	$0.38	68%	0.32	$81.38
$81.00	$80.50	Sep 2	$0.12	$0.12	$0.38	70%	0.32	$80.88
$82.00	$81.50	Sep 2	$0.24	$0.24	$0.26	47%	0.92	$81.76
$82.00	$81.50	Sep 4	$0.24	$0.24	$0.26	46%	0.92	$81.76
$80.00	$79.00	Sep 18	$0.16	$0.16	$0.84	76%	0.19	$79.84

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.14, cheapest $0.13)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Aug 21	Aug 24	$0.15	13.5%	7.6%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Aug 21	Aug 24	$0.13	13.5%	7.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 216 found (cheapest 0.28% of stock, avg 4.29%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Aug 21	$0.15	$0.08	$0.23	$81.77	$82.23	0.28%
$82.50	Aug 21	$0.02	$0.44	$0.46	$82.04	$82.96	0.56%
$82.00	Aug 24	$0.30	$0.21	$0.51	$81.49	$82.51	0.62%
$81.50	Aug 21	$0.59	$0.02	$0.61	$80.89	$82.11	0.74%
$82.50	Aug 24	$0.10	$0.52	$0.62	$81.88	$83.12	0.76%
$81.50	Aug 24	$0.65	$0.08	$0.73	$80.77	$82.23	0.89%
$82.00	Aug 26	$0.43	$0.34	$0.77	$81.23	$82.77	0.94%
$82.50	Aug 26	$0.21	$0.62	$0.83	$81.67	$83.33	1.01%
$81.50	Aug 26	$0.76	$0.17	$0.93	$80.57	$82.43	1.13%
$83.00	Aug 21	$0.01	$0.94	$0.95	$82.05	$83.95	1.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 249 found (cheapest 0.05% of stock, avg 0.94%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$81.50	Aug 21	$0.02	$0.02	$0.04	$81.46	$82.54
$84.00	$80.50	Aug 26	$0.03	$0.04	$0.07	$80.43	$84.07
$83.00	$81.00	Aug 24	$0.04	$0.03	$0.07	$80.93	$83.07
$84.50	$80.00	Aug 28	$0.04	$0.05	$0.09	$79.91	$84.59
$83.50	$80.50	Aug 26	$0.05	$0.04	$0.09	$80.41	$83.59
$84.00	$80.00	Aug 28	$0.06	$0.05	$0.11	$79.89	$84.11
$84.00	$81.00	Aug 26	$0.03	$0.08	$0.11	$80.89	$84.11
$84.50	$80.00	Aug 31	$0.05	$0.07	$0.12	$79.88	$84.62
$84.50	$80.50	Aug 28	$0.04	$0.08	$0.12	$80.38	$84.62
$83.00	$81.50	Aug 24	$0.04	$0.08	$0.12	$81.38	$83.12

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 0.92, avg credit $0.28)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	84/84	Oct 2	$0.24	$0.26	46%	0.92	$79.76	$84.24
80/80	84/84	Oct 2	$0.26	$0.24	40%	1.08	$79.74	$83.76
80/80	84/84	Sep 25	$0.26	$0.24	39%	1.08	$80.24	$83.76
80/81	83/84	Sep 2	$0.22	$0.28	45%	0.79	$80.78	$83.22
81/82	83/84	Aug 31	$0.22	$0.28	41%	0.79	$81.28	$83.22
80/81	83/84	Sep 4	$0.22	$0.28	40%	0.79	$80.78	$83.22
78/79	84/85	Sep 30	$0.31	$0.69	57%	0.45	$78.69	$84.31
78/79	85/86	Sep 30	$0.22	$0.78	66%	0.28	$78.78	$85.22
79/80	84/85	Sep 30	$0.39	$0.61	48%	0.64	$79.61	$84.39
79/80	85/86	Sep 30	$0.30	$0.70	57%	0.43	$79.70	$85.30

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 97 found (best R:R 6.69, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Sep 18	$0.13	$0.87	34%	6.69
$80.00	$81.00	$82.00	Sep 30	$0.10	$0.90	30%	9.00
$82.00	$82.50	$83.00	Aug 21	$0.12	$0.38	58%	3.17
$81.00	$81.50	$82.00	Aug 21	$0.05	$0.45	37%	9.00
$79.00	$80.00	$81.00	Sep 18	$0.11	$0.89	28%	8.09

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 21	$0.14	$0.36	57%	2.57
$81.00	$81.50	$82.00	Aug 24	$0.08	$0.42	38%	5.25
$81.50	$82.00	$82.50	Aug 21	$0.30	$0.20	82%	0.67
$80.00	$81.00	$82.00	Sep 18	$0.14	$0.86	29%	6.14
$79.00	$80.00	$81.00	Sep 30	$0.09	$0.91	21%	10.11

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 $-2.06, 138 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Aug 24	-$2.06	$2.94
$70.00	$75.00	1:2	Sep 11	-$2.07	$2.93
$75.00	$78.00	1:2	Aug 24	-$1.07	$1.93
$75.00	$78.00	1:2	Sep 2	-$1.15	$1.85
$71.00	$75.00	1:2	Sep 18	-$3.10	$0.90

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$2.20	$2.30
$85.50	$84.00	1:2	Sep 2	-$0.82	$0.68
$83.00	$82.50	1:2	Aug 24	-$0.09	$0.41
$82.50	$82.00	1:2	Aug 26	-$0.06	$0.44
$82.00	$81.00	1:2	Sep 18	-$0.23	$0.77

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 60 found (best yield 1.21%, avg 0.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Oct 2	$0.99	0.41	0.5%	1.21%	1.73%	10	212
$83.00	Sep 30	$0.78	0.36	1.1%	0.95%	2.08%	1.0K	10.3K
$83.00	Oct 2	$0.79	0.35	1.1%	0.96%	2.10%	2	1.4K
$82.50	Sep 25	$0.90	0.41	0.5%	1.10%	1.62%	114	6.2K
$83.50	Oct 2	$0.62	0.30	1.7%	0.76%	2.50%	4	282
$83.00	Sep 25	$0.70	0.35	1.1%	0.85%	1.99%	12	1.3K
$83.50	Sep 25	$0.54	0.29	1.7%	0.66%	2.40%	9	2.5K
$84.00	Sep 30	$0.47	0.25	2.4%	0.57%	2.92%	1.0K	52.2K
$84.00	Oct 2	$0.47	0.25	2.4%	0.57%	2.92%	5	327
$83.00	Sep 18	$0.58	0.33	1.1%	0.71%	1.84%	8.0K	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 94,220

Total Puts 86,910

Put/Call Ratio 0.92

Net Difference 7,310

Prior's Put/Call Breakdown

Total Calls 100,200

Total Puts 81,649

Put/Call Ratio 0.81

Net Difference 18,551

Prior 7-Day Put/Call Summary

Total Calls 1,879,022

Total Puts 1,519,235

Average Put/Call Ratio 0.84

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

🤖 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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