TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.05 -0.35%

(8/21 15:26) ◀

Friday, August 21, 2026 (4:00pm)

▶ (8/21 19:12)

◀ 8/21 16:01 ▶

Option Volume

Detail

ℹ

Current (08/21 4:00pm) 570,625

Calls: 245,062 (43%)

Puts: 325,563 (57%)

Prior (08/20) 613,641

Calls: 325,893 (53%)

Puts: 287,748 (47%)

Current vs Prior -7.01%

Calls: -24.80% (Calls)

Puts: +13.14% (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 +17.54%

Calls: -8.71%

Puts: +50.01%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/21 4:00pm) $31.07M

Calls: $12.05M (39%)

Puts: $19.02M (61%)

Prior (08/20) $36.37M

Calls: $13.55M (37%)

Puts: $22.82M (63%)

Current vs Prior -14.57%

Calls: -11.06%

Puts: -16.66%

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 -36.75%

Calls: -63.98%

Puts: +21.40%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (08/21 4:00pm) 1.33

Prior (08/20) 0.88

Current vs Prior +50.46%

Prior 7-Day Average 0.84

Current vs Prior 7-Day Avg +57.94%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/21 4:00pm) 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 0.67% | 0.95%0.67% | 1.49%0.67% | 3.13%

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

Current vs Prior +4.39% | +10.20%-26.39% | -9.96%-26.39% | -1.16%

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

Current vs 7-Day Avg +0.89% | +5.81%-33.10% | -7.47%-22.26% | -4.03%

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

Current vs 7-Day Eod +4.39% | +10.20%-25.41% | -9.98%-25.41% | -1.19%

Sentiment BEARISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.78% | 2.08%

Calls: 4.00% | 2.56%

Puts: 7.55% | 1.61%

Prior 3.89% | 3.46%

Calls: 4.65% | 1.92%

Puts: 3.13% | 5.00%

Current vs Prior +48.59% | -39.88%

Prior 7-Day Avg 6.04% | 3.53%

Calls: 5.46% | 3.14%

Puts: 6.63% | 3.91%

Current vs 7-Day Avg -4.35% | -41.05%

Liquidity Good

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🤖 AI Insights

Moderately bearish flow with 61% put dollar volume ($19.02M). Bearish P/C ratio of 1.33 indicates protective positioning. P/C ratio rising 50% - 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
16:00	BEARISH	BEARISH	BEARISH
15:00	BEARISH	BEARISH	BEARISH
14:00	BEARISH	BEARISH	BEARISH
13:00	BEARISH	BEARISH	BEARISH
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

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 364 of results (avg 3.1%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 30	1.77	1.78	$1.78	0.6%	344	0.64	564
$81.00	Sep 18	1.54	1.55	$1.55	0.6%	2.9K	0.67	9.0K
$81.50	Sep 25	1.36	1.37	$1.37	0.7%	412	0.56	825
$82.00	Sep 25	1.08	1.09	$1.09	0.9%	497	0.47	1.1K
$66.00	Aug 21	15.95	16.10	$16.02	0.9%	90	1.00	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 18	1.61	1.62	$1.62	0.6%	30.2K	0.68	78.1K
$82.00	Sep 30	1.13	1.14	$1.13	0.9%	127	0.54	3.8K
$83.50	Oct 2	2.23	2.25	$2.24	0.9%	2	0.71	113
$82.00	Sep 25	1.08	1.09	$1.09	0.9%	788	0.54	1.2K
$98.00	Aug 21	15.90	16.05	$15.98	0.9%	27	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 153 found (avg $0.33, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 21	0.06	0.07	$0.07	14.3%	16.7K	0.64	14.0K
$82.50	Aug 24	0.07	0.08	$0.08	12.5%	3.4K	0.22	1.4K
$82.00	Aug 24	0.24	0.25	$0.25	4.0%	4.6K	0.52	1.3K
$83.00	Aug 26	0.07	0.08	$0.08	12.5%	3.4K	0.15	5.5K
$81.50	Aug 21	0.50	0.58	$0.54	14.8%	671	1.00	4.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Aug 24	0.05	0.06	$0.06	16.7%	1.4K	0.18	3.4K
$82.00	Aug 24	0.19	0.20	$0.20	5.0%	3.4K	0.48	2.2K
$81.00	Aug 26	0.05	0.06	$0.06	16.7%	1.1K	0.12	677
$82.50	Aug 21	0.44	0.52	$0.48	16.7%	3.7K	0.95	21.7K
$81.50	Aug 26	0.14	0.15	$0.15	6.7%	1.7K	0.27	1.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 271 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$66.00	Aug 21	15.95	16.10	$16.02	0.9%	90	1.00	10
$67.00	Aug 21	14.95	15.10	$15.02	1.0%	90	1.00	19
$68.00	Aug 21	13.95	14.10	$14.02	1.1%	68	1.00	19
$69.00	Aug 21	12.95	13.10	$13.02	1.2%	82	1.00	3
$70.00	Aug 21	11.95	12.10	$12.02	1.2%	231	1.00	164

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$98.00	Aug 21	15.90	16.05	$15.98	0.9%	27	1.00	--
$93.00	Aug 21	10.90	11.05	$10.98	1.4%	19	1.00	5
$94.00	Aug 21	11.90	12.05	$11.98	1.3%	16	1.00	--
$95.00	Aug 21	12.90	13.05	$12.98	1.2%	15	1.00	--
$96.00	Aug 21	13.90	14.05	$13.98	1.1%	31	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 453 active (total vol 570.1K, top 67.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 28	0.28	0.32	$0.30	13.3%	46.9K	0.36	14.2K
$85.00	Sep 18	0.15	0.16	$0.16	6.3%	25.7K	0.12	84.9K
$83.00	Sep 18	0.53	0.54	$0.54	1.9%	17.6K	0.32	76.1K
$82.00	Aug 21	0.06	0.07	$0.07	14.3%	16.7K	0.64	14.0K
$84.00	Sep 18	0.28	0.29	$0.29	3.4%	14.2K	0.20	55.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 18	0.58	0.59	$0.59	1.7%	67.7K	0.37	133.8K
$80.00	Sep 18	0.32	0.33	$0.33	3.0%	67.3K	0.23	66.4K
$82.00	Aug 21	0.03	0.04	$0.04	25.0%	34.9K	0.40	48.9K
$83.00	Sep 18	1.61	1.62	$1.62	0.6%	30.2K	0.68	78.1K
$82.00	Sep 18	1.00	1.01	$1.00	1.0%	26.0K	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. 2 strikes (avg 56.9%, max 56.9%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 21	Oct 2	19.6%	12.5%	56.9%	16.8K	14.4K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 21	Oct 2	19.6%	12.5%	56.9%	35.1K	49.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 87 found (best R:R 1.50, avg 2.01)

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	73%	0.56	$81.82
$85.00	$86.00	Sep 30	$0.10	$0.90	$0.10	16%	9.00	$85.10
$84.00	$84.50	Oct 2	$0.10	$0.40	$0.10	24%	4.00	$84.10
$81.50	$82.00	Aug 28	$0.31	$0.19	$0.31	68%	0.61	$81.81
$82.50	$83.00	Sep 11	$0.16	$0.34	$0.16	38%	2.12	$82.66

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Sep 30	$0.40	$0.60	$0.40	54%	1.50	$81.60
$82.00	$81.00	Sep 18	$0.41	$0.59	$0.41	53%	1.44	$81.59
$81.50	$81.00	Oct 2	$0.20	$0.30	$0.20	48%	1.50	$81.30
$82.00	$81.50	Sep 25	$0.23	$0.27	$0.23	54%	1.17	$81.77
$81.00	$80.50	Sep 4	$0.11	$0.39	$0.11	32%	3.55	$80.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 51 found (best R:R 0.72, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$83.00	Oct 2	$0.21	$0.21	$0.29	59%	0.72	$82.71
$82.50	$83.00	Aug 28	$0.15	$0.15	$0.35	64%	0.43	$82.65
$83.00	$84.00	Sep 18	$0.25	$0.25	$0.75	68%	0.33	$83.25
$82.50	$83.00	Sep 2	$0.15	$0.15	$0.35	66%	0.43	$82.65
$83.00	$84.00	Sep 30	$0.29	$0.29	$0.71	65%	0.41	$83.29

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$80.50	$80.00	Sep 4	$0.10	$0.10	$0.40	77%	0.25	$80.40
$82.00	$81.50	Aug 24	$0.14	$0.14	$0.36	52%	0.39	$81.86
$81.50	$81.00	Aug 28	$0.11	$0.11	$0.39	68%	0.28	$81.39
$81.50	$81.00	Sep 2	$0.17	$0.17	$0.33	58%	0.52	$81.33
$80.00	$79.00	Sep 18	$0.15	$0.15	$0.85	77%	0.18	$79.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.17, cheapest $0.16)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Aug 21	Aug 24	$0.18	19.6%	7.0%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Aug 21	Aug 24	$0.16	19.6%	7.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 225 found (cheapest 0.13% of stock, avg 4.32%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Aug 21	$0.07	$0.04	$0.11	$81.89	$82.11	0.13%
$82.00	Aug 24	$0.25	$0.20	$0.45	$81.55	$82.45	0.55%
$82.50	Aug 21	$0.01	$0.48	$0.49	$82.01	$82.99	0.60%
$81.50	Aug 21	$0.54	$0.01	$0.55	$80.95	$82.05	0.67%
$82.50	Aug 24	$0.08	$0.53	$0.61	$81.89	$83.11	0.74%
$81.50	Aug 24	$0.60	$0.06	$0.66	$80.84	$82.16	0.80%
$82.00	Aug 26	$0.39	$0.32	$0.71	$81.29	$82.71	0.87%
$82.50	Aug 26	$0.18	$0.62	$0.80	$81.70	$83.30	0.98%
$81.50	Aug 26	$0.71	$0.15	$0.86	$80.64	$82.36	1.05%
$82.00	Aug 28	$0.52	$0.43	$0.95	$81.05	$82.95	1.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 237 found (cheapest 0.06% of stock, avg 0.89%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.00	$81.00	Aug 24	$0.03	$0.02	$0.05	$80.95	$83.05
$84.00	$80.50	Aug 26	$0.03	$0.03	$0.06	$80.44	$84.06
$83.50	$80.50	Aug 26	$0.04	$0.03	$0.07	$80.43	$83.57
$84.50	$80.00	Aug 28	$0.04	$0.04	$0.08	$79.92	$84.58
$84.00	$80.00	Aug 28	$0.05	$0.04	$0.09	$79.91	$84.09
$84.00	$81.00	Aug 26	$0.03	$0.06	$0.09	$80.91	$84.09
$84.50	$80.00	Aug 31	$0.05	$0.05	$0.10	$79.90	$84.60
$83.00	$81.50	Aug 24	$0.03	$0.06	$0.09	$81.41	$83.09
$83.50	$81.00	Aug 26	$0.04	$0.06	$0.10	$80.90	$83.60
$84.50	$80.50	Aug 28	$0.04	$0.07	$0.11	$80.39	$84.61

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 16 found (best R:R 1.27, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	83/84	Oct 2	$0.28	$0.22	36%	1.27	$79.72	$83.28
80/80	84/84	Oct 2	$0.25	$0.25	42%	1.00	$79.75	$83.75
80/80	84/84	Oct 2	$0.22	$0.28	47%	0.79	$79.78	$84.22
80/80	83/84	Oct 2	$0.30	$0.20	30%	1.50	$80.20	$83.30
80/80	84/84	Oct 2	$0.27	$0.23	36%	1.17	$80.23	$83.77
80/80	84/84	Oct 2	$0.24	$0.26	41%	0.92	$80.26	$84.24
80/80	84/84	Sep 25	$0.24	$0.26	41%	0.92	$80.26	$83.74
80/80	83/84	Sep 25	$0.27	$0.23	35%	1.17	$80.23	$83.27
80/81	82/83	Sep 2	$0.26	$0.24	36%	1.08	$80.74	$82.76
80/80	83/84	Sep 11	$0.22	$0.28	44%	0.79	$80.28	$83.22

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 100 found (best R:R 7.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 21	$0.06	$0.44	61%	7.33
$80.00	$81.00	$82.00	Sep 30	$0.11	$0.89	31%	8.09
$80.00	$81.00	$82.00	Sep 18	$0.15	$0.85	36%	5.67
$79.00	$80.00	$81.00	Sep 18	$0.13	$0.87	30%	6.69
$79.00	$80.00	$81.00	Sep 30	$0.11	$0.89	26%	8.09

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 21	$0.06	$0.44	57%	7.33
$80.00	$81.00	$82.00	Sep 30	$0.12	$0.88	28%	7.33
$81.00	$81.50	$82.00	Aug 24	$0.10	$0.40	42%	4.00
$80.00	$81.00	$82.00	Sep 18	$0.15	$0.85	30%	5.67
$81.00	$81.50	$82.00	Aug 26	$0.08	$0.42	36%	5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 140 found (best net $-2.04, 130 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Aug 24	-$2.04	$2.96
$70.00	$75.00	1:2	Sep 11	-$2.12	$2.88
$75.00	$78.00	1:2	Aug 24	-$1.03	$1.97
$71.00	$75.00	1:2	Sep 18	-$3.10	$0.90
$71.00	$75.00	1:2	Sep 2	-$3.12	$0.88

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	-$0.50	$2.00
$85.50	$84.00	1:2	Sep 2	-$0.84	$0.66
$83.00	$82.50	1:2	Aug 24	-$0.08	$0.42
$82.00	$81.00	1:2	Sep 18	-$0.18	$0.82

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 56 found (best yield 1.13%, avg 0.32%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Oct 2	$0.93	0.41	0.6%	1.13%	1.68%	61	212
$83.00	Oct 2	$0.73	0.35	1.2%	0.89%	2.05%	12	1.4K
$83.00	Sep 30	$0.72	0.35	1.2%	0.88%	2.04%	1.1K	10.3K
$82.50	Sep 25	$0.84	0.41	0.6%	1.02%	1.57%	419	6.2K
$83.50	Oct 2	$0.57	0.29	1.8%	0.69%	2.46%	10	282
$83.00	Sep 25	$0.64	0.34	1.2%	0.78%	1.94%	631	1.3K
$84.00	Oct 2	$0.44	0.24	2.4%	0.54%	2.91%	7	327
$83.50	Sep 25	$0.49	0.28	1.8%	0.60%	2.36%	73	2.5K
$84.00	Sep 30	$0.43	0.24	2.4%	0.52%	2.90%	1.1K	52.2K
$83.00	Sep 18	$0.53	0.32	1.2%	0.65%	1.80%	17.6K	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 245,062

Total Puts 325,563

Put/Call Ratio 1.33

Net Difference -80,501

Prior's Put/Call Breakdown

Total Calls 325,893

Total Puts 287,748

Put/Call Ratio 0.88

Net Difference 38,145

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

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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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