TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.05 -0.36%

(8/21 11:00) ◀

Friday, August 21, 2026 (12:00pm)

▶ (8/21 13:01)

◀ 8/21 12:00 ▶

Option Volume

Detail

ℹ

Current (08/21 12:00pm) 343,634

Calls: 109,318 (32%)

Puts: 234,316 (68%)

Prior (08/20) 286,067

Calls: 152,595 (53%)

Puts: 133,472 (47%)

Current vs Prior +20.12%

Calls: -28.36% (Calls)

Puts: +75.55% (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 -29.22%

Calls: -59.28%

Puts: +7.96%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/21 12:00pm) $22.40M

Calls: $6.66M (30%)

Puts: $15.74M (70%)

Prior (08/20) $16.07M

Calls: $6.78M (42%)

Puts: $9.29M (58%)

Current vs Prior +39.38%

Calls: -1.76%

Puts: +69.39%

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 -54.41%

Calls: -80.09%

Puts: +0.44%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (08/21 12:00pm) 2.14

Prior (08/20) 0.87

Current vs Prior +145.05%

Prior 7-Day Average 0.84

Current vs Prior 7-Day Avg +154.82%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/21 12:00pm) 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 0.71% | 1.00%0.71% | 1.56%0.71% | 3.22%

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

Current vs Prior -22.37% | -10.53%-22.37% | -5.53%-22.37% | +1.53%

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

Current vs 7-Day Avg -24.98% | -14.10%-29.45% | -2.92%-18.01% | -1.41%

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

Current vs 7-Day Eod -22.37% | -10.53%-21.34% | -5.55%-21.34% | +1.51%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 8.29% | 4.56%

Calls: 7.69% | 3.57%

Puts: 8.89% | 5.56%

Prior 3.89% | 3.46%

Calls: 4.65% | 1.92%

Puts: 3.13% | 5.00%

Current vs Prior +113.11% | +31.79%

Prior 7-Day Avg 6.04% | 3.53%

Calls: 5.46% | 3.14%

Puts: 6.63% | 3.91%

Current vs 7-Day Avg +37.19% | +29.23%

Liquidity Acceptable

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Moderately bearish flow with 70% put dollar volume ($15.74M). Extreme bearish P/C ratio of 2.14 - heavy put buying. P/C ratio rising 145% - increased hedging/bearish positioning.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BEARISH

7-Day Avg BULLISH

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

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
12:00	BEARISH	BEARISH	BEARISH
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

💰

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 368 of results (avg 2.8%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 25	1.72	1.73	$1.73	0.6%	48	0.64	315
$81.00	Sep 18	1.58	1.59	$1.59	0.6%	2.6K	0.66	9.0K
$81.50	Oct 2	1.51	1.52	$1.52	0.7%	3	0.54	120
$81.00	Sep 11	1.44	1.45	$1.44	0.7%	547	0.69	686
$81.50	Sep 25	1.40	1.41	$1.40	0.7%	85	0.56	825

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Oct 2	2.27	2.29	$2.28	0.9%	--	0.71	113
$98.00	Aug 21	15.85	16.00	$15.93	0.9%	4	1.00	--
$82.00	Sep 18	1.04	1.05	$1.05	1.0%	12.2K	0.53	129.8K
$82.50	Sep 2	1.03	1.04	$1.04	1.0%	1.3K	0.65	321
$83.50	Sep 25	2.06	2.08	$2.07	1.0%	3	0.71	387

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 162 found (avg $0.34, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 21	0.12	0.13	$0.13	7.7%	4.0K	0.60	14.0K
$82.50	Aug 24	0.09	0.10	$0.10	10.0%	1.2K	0.24	1.4K
$82.00	Aug 24	0.27	0.28	$0.28	3.6%	2.4K	0.52	1.3K
$83.00	Aug 26	0.09	0.10	$0.10	10.0%	2.6K	0.17	5.5K
$81.50	Aug 21	0.54	0.59	$0.56	8.9%	131	0.96	4.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 21	0.06	0.07	$0.07	14.3%	14.2K	0.40	48.9K
$81.50	Aug 24	0.07	0.08	$0.08	12.5%	651	0.21	3.4K
$82.00	Aug 24	0.22	0.23	$0.23	4.3%	1.8K	0.48	2.2K
$82.50	Aug 21	0.43	0.47	$0.45	8.9%	2.0K	0.91	21.7K
$81.00	Aug 26	0.07	0.08	$0.08	12.5%	773	0.15	677

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 264 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Aug 24	12.00	12.15	$12.08	1.2%	5	1.00	--
$75.00	Aug 24	7.00	7.15	$7.08	2.1%	--	1.00	49
$78.00	Aug 24	4.00	4.15	$4.08	3.7%	4	1.00	20
$79.00	Aug 24	3.00	3.15	$3.08	4.9%	4	1.00	30
$80.00	Aug 24	2.03	2.09	$2.06	2.9%	1	1.00	57

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 21	0.92	0.97	$0.95	5.3%	1.1K	1.00	54.3K
$83.50	Aug 21	1.42	1.47	$1.44	3.5%	13	1.00	577
$84.00	Aug 21	1.92	1.98	$1.95	3.1%	36	1.00	17.0K
$84.50	Aug 21	2.42	2.47	$2.45	2.0%	20	1.00	3
$85.00	Aug 21	2.92	2.97	$2.95	1.7%	38	1.00	7.8K

Most actively traded options today. High liquidity = easy entry/exit. 385 active (total vol 343.2K, top 66.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Sep 18	0.16	0.17	$0.17	5.9%	24.4K	0.12	84.9K
$84.00	Sep 18	0.30	0.31	$0.31	3.2%	10.5K	0.21	55.7K
$83.00	Sep 18	0.56	0.57	$0.56	1.8%	8.6K	0.33	76.1K
$82.00	Aug 21	0.12	0.13	$0.13	7.7%	4.0K	0.60	14.0K
$82.50	Aug 28	0.32	0.33	$0.33	3.0%	3.2K	0.37	14.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 18	0.62	0.63	$0.63	1.6%	66.1K	0.37	133.8K
$80.00	Sep 18	0.35	0.36	$0.36	2.8%	66.1K	0.24	66.4K
$83.00	Sep 18	1.64	1.66	$1.65	1.2%	27.0K	0.67	78.1K
$82.00	Aug 21	0.06	0.07	$0.07	14.3%	14.2K	0.40	48.9K
$82.00	Sep 18	1.04	1.05	$1.05	1.0%	12.2K	0.53	129.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. -- strikes (avg --%, max --%)

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 92 found (best R:R 1.44, avg 2.00)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$82.00	Aug 26	$0.32	$0.18	$0.32	72%	0.56	$81.82
$82.50	$83.00	Aug 26	$0.10	$0.40	$0.10	32%	4.00	$82.60
$85.00	$86.00	Sep 30	$0.11	$0.89	$0.11	16%	8.09	$85.11
$84.00	$85.00	Sep 30	$0.18	$0.82	$0.18	25%	4.56	$84.18
$83.50	$84.00	Oct 2	$0.13	$0.37	$0.13	30%	2.85	$83.63

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	54%	1.44	$81.59
$81.50	$81.00	Sep 25	$0.18	$0.32	$0.18	46%	1.78	$81.32
$81.00	$80.00	Sep 30	$0.28	$0.72	$0.28	39%	2.57	$80.72
$82.00	$81.00	Sep 18	$0.42	$0.58	$0.42	53%	1.38	$81.58
$83.00	$82.00	Sep 30	$0.58	$0.42	$0.58	64%	0.72	$82.42

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 54 found (best R:R 0.45, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 30	$0.31	$0.31	$0.69	64%	0.45	$83.31
$83.00	$83.50	Oct 2	$0.18	$0.18	$0.32	65%	0.56	$83.18
$83.00	$83.50	Sep 11	$0.14	$0.14	$0.36	70%	0.39	$83.14
$82.50	$83.00	Aug 28	$0.15	$0.15	$0.35	63%	0.43	$82.65
$83.00	$84.00	Sep 18	$0.25	$0.25	$0.75	67%	0.33	$83.25

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
$82.00	$81.50	Aug 24	$0.15	$0.15	$0.35	52%	0.43	$81.85
$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	46%	0.92	$81.76
$81.00	$80.50	Sep 4	$0.13	$0.13	$0.37	67%	0.35	$80.87

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.15, cheapest $0.15)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Aug 21	Aug 24	$0.15	12.7%	7.8%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Aug 21	Aug 24	$0.16	12.7%	7.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 218 found (cheapest 0.24% of stock, avg 4.31%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Aug 21	$0.13	$0.07	$0.20	$81.80	$82.20	0.24%
$82.50	Aug 21	$0.02	$0.45	$0.47	$82.03	$82.97	0.57%
$82.00	Aug 24	$0.28	$0.23	$0.51	$81.49	$82.51	0.62%
$81.50	Aug 21	$0.56	$0.01	$0.57	$80.93	$82.07	0.69%
$82.50	Aug 24	$0.10	$0.54	$0.64	$81.86	$83.14	0.78%
$81.50	Aug 24	$0.64	$0.08	$0.72	$80.78	$82.22	0.88%
$82.00	Aug 26	$0.42	$0.34	$0.76	$81.24	$82.76	0.93%
$82.50	Aug 26	$0.20	$0.64	$0.84	$81.66	$83.34	1.02%
$81.50	Aug 26	$0.74	$0.17	$0.91	$80.59	$82.41	1.11%
$83.00	Aug 21	$0.01	$0.95	$0.96	$82.04	$83.96	1.17%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 248 found (cheapest 0.09% of stock, avg 0.93%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.00	$81.00	Aug 24	$0.04	$0.03	$0.07	$80.93	$83.07
$84.00	$80.50	Aug 26	$0.03	$0.04	$0.07	$80.43	$84.07
$84.50	$80.00	Aug 28	$0.04	$0.04	$0.08	$79.92	$84.58
$83.50	$80.50	Aug 26	$0.05	$0.04	$0.09	$80.41	$83.59
$84.00	$80.00	Aug 28	$0.06	$0.04	$0.10	$79.90	$84.10
$84.50	$80.00	Aug 31	$0.05	$0.06	$0.11	$79.89	$84.61
$84.00	$81.00	Aug 26	$0.03	$0.08	$0.11	$80.89	$84.11
$82.50	$82.00	Aug 21	$0.02	$0.07	$0.09	$81.91	$82.59
$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. 14 found (best R:R 1.00, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	83/84	Sep 11	$0.25	$0.25	42%	1.00	$80.25	$83.25
80/80	84/84	Oct 2	$0.23	$0.27	46%	0.85	$79.77	$84.23
80/80	84/84	Oct 2	$0.25	$0.25	41%	1.00	$79.75	$83.75
80/80	83/84	Sep 25	$0.28	$0.22	34%	1.27	$80.22	$83.28
80/80	84/84	Sep 25	$0.25	$0.25	40%	1.00	$80.25	$83.75
80/80	84/84	Sep 25	$0.22	$0.28	45%	0.79	$80.28	$84.22
80/81	83/84	Sep 2	$0.22	$0.28	45%	0.79	$80.78	$83.22
80/81	83/84	Sep 4	$0.24	$0.26	40%	0.92	$80.76	$83.24
78/79	85/86	Sep 30	$0.22	$0.78	66%	0.28	$78.78	$85.22
78/79	84/85	Sep 30	$0.29	$0.71	58%	0.41	$78.71	$84.29

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 99 found (best R:R 4.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 21	$0.10	$0.40	58%	4.00
$79.00	$80.00	$81.00	Sep 30	$0.08	$0.92	25%	11.50
$80.00	$81.00	$82.00	Sep 18	$0.15	$0.85	35%	5.67
$79.00	$80.00	$81.00	Sep 18	$0.11	$0.89	28%	8.09
$80.00	$81.00	$82.00	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 21	$0.12	$0.38	60%	3.17
$81.00	$81.50	$82.00	Aug 21	$0.06	$0.44	38%	7.33
$81.50	$82.00	$82.50	Aug 21	$0.32	$0.18	87%	0.56
$79.00	$80.00	$81.00	Sep 30	$0.09	$0.91	21%	10.11
$81.00	$81.50	$82.00	Aug 24	$0.10	$0.40	40%	4.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 148 found (best net $-2.08, 138 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Aug 24	-$2.08	$2.92
$70.00	$75.00	1:2	Sep 11	-$2.13	$2.87
$75.00	$78.00	1:2	Aug 24	-$1.08	$1.92
$71.00	$75.00	1:2	Sep 2	-$3.13	$0.87
$71.00	$75.00	1:2	Sep 18	-$3.13	$0.87

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$2.26	$2.24
$87.50	$85.00	1:2	Aug 28	-$0.47	$2.03
$85.50	$84.00	1:2	Sep 2	-$0.82	$0.68
$83.00	$82.50	1:2	Aug 24	-$0.11	$0.39
$82.00	$81.00	1:2	Sep 18	-$0.21	$0.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 60 found (best yield 1.19%, avg 0.33%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Oct 2	$0.98	0.41	0.6%	1.19%	1.74%	10	212
$83.00	Oct 2	$0.78	0.35	1.2%	0.95%	2.11%	7	1.4K
$83.00	Sep 30	$0.76	0.36	1.2%	0.93%	2.08%	1.0K	10.3K
$82.50	Sep 25	$0.88	0.41	0.6%	1.07%	1.62%	118	6.2K
$83.00	Sep 25	$0.68	0.35	1.2%	0.83%	1.99%	22	1.3K
$83.50	Oct 2	$0.60	0.29	1.8%	0.73%	2.50%	4	282
$84.00	Sep 30	$0.45	0.25	2.4%	0.55%	2.93%	1.0K	52.2K
$83.50	Sep 25	$0.52	0.29	1.8%	0.63%	2.40%	12	2.5K
$84.00	Oct 2	$0.47	0.24	2.4%	0.57%	2.95%	6	327
$83.00	Sep 18	$0.56	0.33	1.2%	0.68%	1.84%	8.6K	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 109,318

Total Puts 234,316

Put/Call Ratio 2.14

Net Difference -124,998

Prior's Put/Call Breakdown

Total Calls 152,595

Total Puts 133,472

Put/Call Ratio 0.87

Net Difference 19,123

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

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