TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.60 +0.66%

(8/21 19:12) ◀

Monday, August 24, 2026 (10:00am)

▶ (8/24 11:01)

◀ 8/24 10:01 ▶

Option Volume

Detail

ℹ

Current (08/24 10:00am) 89,095

Calls: 64,081 (72%)

Puts: 25,014 (28%)

Prior (08/21) 75,934

Calls: 41,274 (54%)

Puts: 34,660 (46%)

Current vs Prior +17.33%

Calls: +55.26% (Calls)

Puts: -27.83% (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 -81.65%

Calls: -76.13%

Puts: -88.47%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/24 10:00am) $4.84M

Calls: $3.09M (64%)

Puts: $1.76M (36%)

Prior (08/21) $4.40M

Calls: $2.16M (49%)

Puts: $2.24M (51%)

Current vs Prior +10.00%

Calls: +42.92%

Puts: -21.67%

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 -90.14%

Calls: -90.78%

Puts: -88.78%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/24 10:00am) 0.39

Prior (08/21) 0.84

Current vs Prior -53.52%

Prior 7-Day Average 0.84

Current vs Prior 7-Day Avg -53.60%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/24 10:00am) 2,725,544

Calls: 1,550,439 (57%)

Puts: 1,175,105 (43%)

Prior (08/21) 3,692,834

Calls: 2,163,209 (59%)

Puts: 1,529,625 (41%)

Current vs Prior -26.19%

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 -20.22%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (08/24) | Next (08/26)Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)

Current 0.71% | 1.09%1.39% | 2.03%2.70% | 4.13%

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

Current vs Prior -21.56% | -2.46%+52.90% | +23.17%+196.49% | +30.27%

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

Current vs 7-Day Avg -24.19% | -6.35%+38.95% | +26.57%+213.13% | +26.49%

Prior 7-Day Eod 0.91% | 1.12%0.65% | 1.50%0.65% | 3.13%

Current vs 7-Day Eod -21.56% | -2.46%+115.56% | +35.67%+317.99% | +31.80%

Sentiment BULLISHBEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 13.02% | 2.31%

Calls: 11.76% | 2.78%

Puts: 14.29% | 1.85%

Prior 3.89% | 3.46%

Calls: 4.65% | 1.92%

Puts: 3.13% | 5.00%

Current vs Prior +234.70% | -33.24%

Prior 7-Day Avg 6.04% | 3.53%

Calls: 5.46% | 3.14%

Puts: 6.63% | 3.91%

Current vs 7-Day Avg +115.46% | -34.53%

Liquidity Good

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🤖 AI Insights

Moderately bullish flow with 64% call dollar volume ($3.09M). Extreme bullish P/C ratio of 0.39 - heavy call buying (64,081 calls vs 25,014 puts). P/C ratio dropping 54% - sentiment shifting bullish. Declining open interest (down 26%) indicates positions being closed.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

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
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	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

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 355 of results (avg 2.9%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Aug 24	14.55	14.65	$14.60	0.7%	24	1.00	--
$69.00	Aug 24	13.55	13.65	$13.60	0.7%	145	1.00	--
$70.00	Aug 24	12.55	12.65	$12.60	0.8%	133	1.00	5
$82.00	Sep 18	1.24	1.25	$1.25	0.8%	252	0.58	75.1K
$71.00	Aug 24	11.55	11.65	$11.60	0.9%	55	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$99.00	Aug 24	16.35	16.45	$16.40	0.6%	2	1.00	--
$98.00	Aug 24	15.35	15.45	$15.40	0.6%	6	1.00	--
$96.00	Aug 24	13.35	13.45	$13.40	0.7%	45	1.00	--
$94.00	Aug 24	11.35	11.45	$11.40	0.9%	1	1.00	--
$93.00	Aug 24	10.35	10.45	$10.40	1.0%	1	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 169 found (avg $0.33, cheapest $0.08)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 24	0.16	0.18	$0.17	11.8%	3.2K	0.63	3.6K
$83.50	Aug 26	0.05	0.06	$0.06	16.7%	115	0.14	7.3K
$83.00	Aug 26	0.13	0.14	$0.14	7.1%	403	0.29	7.7K
$84.00	Aug 28	0.06	0.07	$0.07	14.3%	147	0.12	7.5K
$82.00	Aug 24	0.55	0.62	$0.59	11.9%	392	0.92	4.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 24	0.07	0.08	$0.08	12.5%	285	0.37	1.1K
$82.00	Aug 26	0.09	0.10	$0.10	10.0%	266	0.22	3.7K
$83.00	Aug 24	0.39	0.45	$0.42	14.3%	19	0.90	1.2K
$82.50	Aug 26	0.24	0.25	$0.25	4.0%	384	0.45	2.8K
$81.00	Aug 31	0.06	0.07	$0.07	14.3%	191	0.12	1.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 256 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Aug 24	14.55	14.65	$14.60	0.7%	24	1.00	--
$69.00	Aug 24	13.55	13.65	$13.60	0.7%	145	1.00	--
$70.00	Aug 24	12.55	12.65	$12.60	0.8%	133	1.00	5
$71.00	Aug 24	11.55	11.65	$11.60	0.9%	55	1.00	--
$72.00	Aug 24	10.55	10.65	$10.60	0.9%	52	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Aug 24	14.35	14.50	$14.43	1.0%	46	1.00	--
$98.00	Aug 24	15.35	15.45	$15.40	0.6%	6	1.00	--
$99.00	Aug 24	16.35	16.45	$16.40	0.6%	2	1.00	--
$93.00	Aug 24	10.35	10.45	$10.40	1.0%	1	1.00	--
$94.00	Aug 24	11.35	11.45	$11.40	0.9%	1	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 320 active (total vol 89.0K, top 12.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 28	0.49	0.52	$0.51	5.9%	11.4K	0.54	67.6K
$85.50	Sep 2	0.04	0.05	$0.05	20.0%	7.0K	0.06	959
$82.50	Aug 24	0.16	0.18	$0.17	11.8%	3.2K	0.63	3.6K
$86.00	Sep 4	0.04	0.05	$0.05	20.0%	3.0K	0.05	19.0K
$85.00	Sep 18	0.21	0.22	$0.22	4.5%	2.7K	0.16	103.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.75	0.76	$0.76	1.3%	12.8K	0.45	127.4K
$82.50	Sep 11	0.85	0.87	$0.86	2.3%	2.0K	0.53	1.4K
$82.00	Aug 24	0.01	0.02	$0.02	50.0%	1.4K	0.08	3.7K
$80.50	Aug 26	0.00	0.01	$0.01	100.0%	993	0.01	1.8K
$83.00	Sep 18	1.25	1.27	$1.26	1.6%	534	0.60	101.8K

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 2.9%, max 2.9%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 24	Oct 2	13.2%	12.8%	2.9%	4.1K	3.8K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 24	Oct 2	13.2%	12.8%	2.9%	387	1.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 86 found (best R:R 1.04, avg 1.90)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$82.50	Aug 28	$0.32	$0.18	$0.32	71%	0.56	$82.32
$84.00	$84.50	Sep 18	$0.10	$0.40	$0.10	26%	4.00	$84.10
$84.50	$85.00	Oct 2	$0.10	$0.40	$0.10	24%	4.00	$84.60
$83.00	$83.50	Sep 11	$0.16	$0.34	$0.16	38%	2.12	$83.16
$84.00	$84.50	Sep 25	$0.12	$0.38	$0.12	28%	3.17	$84.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 30	$0.49	$0.51	$0.49	58%	1.04	$82.51
$81.50	$81.00	Sep 18	$0.13	$0.37	$0.13	36%	2.85	$81.37
$82.50	$82.00	Sep 25	$0.22	$0.28	$0.22	53%	1.27	$82.28
$82.00	$81.00	Sep 30	$0.34	$0.66	$0.34	45%	1.94	$81.66
$81.00	$80.50	Sep 25	$0.11	$0.39	$0.11	30%	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 0.61, avg 0.46)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 30	$0.38	$0.38	$0.62	58%	0.61	$83.38
$83.00	$83.50	Oct 2	$0.21	$0.21	$0.29	59%	0.72	$83.21
$84.00	$85.00	Sep 30	$0.24	$0.24	$0.76	70%	0.32	$84.24
$83.00	$83.50	Sep 18	$0.19	$0.19	$0.31	60%	0.61	$83.19
$83.00	$83.50	Sep 25	$0.20	$0.20	$0.30	58%	0.67	$83.20

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$82.00	Aug 26	$0.15	$0.15	$0.35	55%	0.43	$82.35
$82.00	$81.50	Aug 28	$0.10	$0.10	$0.40	71%	0.25	$81.90
$82.00	$81.50	Aug 31	$0.11	$0.11	$0.39	69%	0.28	$81.89
$82.00	$81.50	Sep 2	$0.16	$0.16	$0.34	60%	0.47	$81.84
$82.50	$82.00	Sep 2	$0.23	$0.23	$0.27	47%	0.85	$82.27

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.18, cheapest $0.17)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Aug 24	Aug 26	$0.19	13.2%	11.1%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Aug 24	Aug 26	$0.17	13.2%	11.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 198 found (cheapest 0.30% of stock, avg 4.11%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Aug 24	$0.17	$0.08	$0.25	$82.25	$82.75	0.30%
$83.00	Aug 24	$0.02	$0.42	$0.44	$82.56	$83.44	0.53%
$82.00	Aug 24	$0.59	$0.02	$0.61	$81.39	$82.61	0.74%
$82.50	Aug 26	$0.36	$0.25	$0.61	$81.89	$83.11	0.74%
$83.00	Aug 26	$0.14	$0.54	$0.68	$82.32	$83.68	0.82%
$82.00	Aug 26	$0.70	$0.10	$0.80	$81.20	$82.80	0.97%
$82.50	Aug 28	$0.51	$0.36	$0.87	$81.63	$83.37	1.05%
$83.00	Aug 28	$0.27	$0.64	$0.91	$82.09	$83.91	1.10%
$83.50	Aug 24	$0.01	$0.93	$0.94	$82.56	$84.44	1.14%
$82.50	Aug 31	$0.56	$0.42	$0.98	$81.52	$83.48	1.19%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 227 found (cheapest 0.05% of stock, avg 0.95%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.00	$82.00	Aug 24	$0.02	$0.02	$0.04	$81.96	$83.04
$84.00	$81.50	Aug 26	$0.03	$0.04	$0.07	$81.43	$84.07
$85.00	$80.50	Aug 31	$0.05	$0.05	$0.10	$80.40	$85.10
$84.50	$81.00	Aug 28	$0.04	$0.06	$0.10	$80.90	$84.60
$83.50	$81.50	Aug 26	$0.06	$0.04	$0.10	$81.40	$83.60
$84.50	$80.50	Aug 31	$0.06	$0.05	$0.11	$80.39	$84.61
$85.00	$81.00	Aug 31	$0.05	$0.07	$0.12	$80.88	$85.12
$84.00	$81.00	Aug 28	$0.07	$0.06	$0.13	$80.87	$84.13
$84.50	$81.00	Aug 31	$0.06	$0.07	$0.13	$80.87	$84.63
$83.00	$82.50	Aug 24	$0.02	$0.08	$0.10	$82.40	$83.10

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 18 found (best R:R 1.08, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	84/84	Sep 25	$0.26	$0.24	41%	1.08	$80.24	$83.76
80/81	84/84	Sep 18	$0.27	$0.23	38%	1.17	$80.73	$83.77
80/80	84/85	Sep 25	$0.20	$0.30	52%	0.67	$80.30	$84.70
80/81	84/84	Oct 2	$0.28	$0.22	36%	1.27	$80.72	$84.28
80/80	84/84	Oct 2	$0.25	$0.25	42%	1.00	$80.25	$84.25
80/80	84/84	Sep 25	$0.22	$0.28	47%	0.79	$80.28	$84.22
80/81	84/85	Oct 2	$0.24	$0.26	42%	0.92	$80.76	$84.74
80/81	84/84	Sep 18	$0.22	$0.28	45%	0.79	$80.78	$84.22
80/80	84/85	Oct 2	$0.21	$0.29	47%	0.72	$80.29	$84.71
80/81	84/84	Sep 25	$0.27	$0.23	35%	1.17	$80.73	$83.77

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 85 found (best R:R 2.57, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.50	$83.00	$83.50	Aug 24	$0.14	$0.36	60%	2.57
$80.00	$81.00	$82.00	Sep 30	$0.11	$0.89	28%	8.09
$82.00	$82.50	$83.00	Aug 24	$0.27	$0.23	82%	0.85
$82.00	$82.50	$83.00	Aug 26	$0.12	$0.38	49%	3.17
$79.00	$80.00	$81.00	Sep 30	$0.09	$0.91	22%	10.11

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 24	$0.28	$0.22	82%	0.79
$82.50	$83.00	$83.50	Aug 24	$0.17	$0.33	60%	1.94
$81.50	$82.00	$82.50	Aug 28	$0.06	$0.44	30%	7.33
$80.00	$81.00	$82.00	Sep 30	$0.12	$0.88	25%	7.33
$82.00	$82.50	$83.00	Aug 26	$0.14	$0.36	49%	2.57

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 149 found (best net $-1.68, 141 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$76.00	$79.00	1:2	Aug 26	-$0.60	$2.40
$70.00	$75.00	1:2	Sep 11	-$2.67	$2.33
$75.00	$78.00	1:2	Sep 2	-$1.67	$1.33
$81.50	$82.00	1:2	Aug 24	-$0.07	$0.43
$71.00	$75.00	1:2	Sep 2	-$3.63	$0.37

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.68	$2.82
$85.50	$84.00	1:2	Sep 2	-$0.34	$1.16
$83.50	$83.00	1:2	Aug 26	-$0.13	$0.37
$83.00	$82.50	1:2	Aug 28	-$0.08	$0.42
$82.00	$81.00	1:2	Sep 30	-$0.22	$0.78

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 64 found (best yield 1.16%, avg 0.32%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 2	$0.96	0.41	0.5%	1.16%	1.65%	16	1.4K
$83.00	Sep 30	$0.95	0.42	0.5%	1.15%	1.63%	1.2K	10.9K
$83.50	Oct 2	$0.75	0.35	1.1%	0.91%	2.00%	--	282
$83.00	Sep 25	$0.86	0.42	0.5%	1.04%	1.53%	68	1.9K
$84.00	Sep 30	$0.57	0.30	1.7%	0.69%	2.38%	233	52.1K
$84.00	Oct 2	$0.59	0.29	1.7%	0.71%	2.41%	3	333
$83.50	Sep 25	$0.66	0.35	1.1%	0.80%	1.89%	7	2.6K
$84.50	Oct 2	$0.45	0.24	2.3%	0.54%	2.85%	7	422
$83.00	Sep 18	$0.73	0.40	0.5%	0.88%	1.37%	362	73.0K
$84.00	Sep 25	$0.50	0.28	1.7%	0.61%	2.30%	173	1.8K

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 64,081

Total Puts 25,014

Put/Call Ratio 0.39

Net Difference 39,067

Prior's Put/Call Breakdown

Total Calls 41,274

Total Puts 34,660

Put/Call Ratio 0.84

Net Difference 6,614

Prior 7-Day Put/Call Summary

Total Calls 1,879,022

Total Puts 1,519,235

Average Put/Call Ratio 0.84

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

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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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