TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.59 +0.66%

(8/24 10:01) ◀

Monday, August 24, 2026 (11:00am)

▶ (8/24 12:01)

◀ 8/24 11:01 ▶

Option Volume

Detail

ℹ

Current (08/24 11:00am) 183,630

Calls: 126,071 (69%)

Puts: 57,559 (31%)

Prior (08/21) 181,130

Calls: 94,220 (52%)

Puts: 86,910 (48%)

Current vs Prior +1.38%

Calls: +33.80% (Calls)

Puts: -33.77% (Puts)

Prior 7-Day Total 3,665,413

Calls: 1,909,123 (52%)

Puts: 1,756,290 (48%)

Prior 7-Day Average 523,630

Calls: 272,731 (52%)

Puts: 250,898 (48%)

Current vs Prior 7-Day Avg -64.93%

Calls: -53.77%

Puts: -77.06%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/24 11:00am) $11.55M

Calls: $6.65M (58%)

Puts: $4.90M (42%)

Prior (08/21) $13.80M

Calls: $5.45M (40%)

Puts: $8.35M (60%)

Current vs Prior -16.34%

Calls: +21.87%

Puts: -41.31%

Prior 7-Day Total $308.44M

Calls: $184.35M (60%)

Puts: $124.09M (40%)

Prior 7-Day Average $44.06M

Calls: $26.34M (60%)

Puts: $17.73M (40%)

Current vs Prior 7-Day Avg -73.79%

Calls: -74.76%

Puts: -72.37%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/24 11:00am) 0.46

Prior (08/21) 0.92

Current vs Prior -50.50%

Prior 7-Day Average 0.97

Current vs Prior 7-Day Avg -53.03%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/24 11:00am) 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 24,194,029

Calls: 13,570,920 (56%)

Puts: 10,623,109 (44%)

Prior 7-Day Average 3,456,289

Calls: 1,938,702 (56%)

Puts: 1,517,587 (44%)

Current vs Prior 7-Day Avg -21.14%

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 0.70% | 1.07%1.37% | 2.05%2.70% | 4.12%

Prior 0.95% | 1.23%0.67% | 1.49%0.67% | 3.13%

Current vs Prior -26.13% | -13.44%+104.12% | +37.62%+302.82% | +31.43%

Prior 7-Day Avg 0.93% | 1.18%0.95% | 1.60%0.79% | 3.22%

Current vs 7-Day Avg -24.78% | -9.37%+43.51% | +28.02%+239.89% | +27.69%

Prior 7-Day Eod 0.95% | 1.23%0.65% | 1.50%0.65% | 3.13%

Current vs 7-Day Eod -26.13% | -13.44%+111.83% | +36.50%+318.04% | +31.43%

Sentiment BULLISHBEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 12.64% | 3.87%

Calls: 6.67% | 5.88%

Puts: 18.60% | 1.85%

Prior 5.78% | 2.08%

Calls: 4.00% | 2.56%

Puts: 7.55% | 1.61%

Current vs Prior +118.69% | +86.06%

Prior 7-Day Avg 6.37% | 3.52%

Calls: 5.62% | 3.16%

Puts: 7.11% | 3.87%

Current vs 7-Day Avg +98.52% | +10.08%

Liquidity Acceptable

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🤖 AI Insights

Extreme bullish P/C ratio of 0.46 - heavy call buying (126,071 calls vs 57,559 puts). P/C ratio dropping 50% - 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
11:00	BULLISH	BULLISH	BULLISH
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

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Tightest Spreads

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Best Value <$1

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High Delta

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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 355 of results (avg 3.0%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 25	1.70	1.71	$1.71	0.6%	392	0.66	616
$82.00	Sep 30	1.47	1.48	$1.48	0.7%	329	0.56	8.2K
$68.00	Aug 24	14.55	14.65	$14.60	0.7%	72	1.00	--
$81.50	Sep 11	1.41	1.42	$1.42	0.7%	158	0.71	843
$69.00	Aug 24	13.55	13.65	$13.60	0.7%	231	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%	111	1.00	--
$98.00	Aug 24	15.35	15.45	$15.40	0.6%	112	1.00	--
$97.00	Aug 24	14.35	14.45	$14.40	0.7%	112	1.00	--
$96.00	Aug 24	13.35	13.45	$13.40	0.7%	138	1.00	--
$95.00	Aug 24	12.35	12.45	$12.40	0.8%	87	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 160 found (avg $0.33, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 24	0.14	0.15	$0.15	6.7%	4.0K	0.66	3.6K
$83.50	Aug 26	0.05	0.06	$0.06	16.7%	229	0.14	7.3K
$83.00	Aug 26	0.13	0.14	$0.14	7.1%	3.2K	0.29	7.7K
$84.00	Aug 28	0.06	0.07	$0.07	14.3%	363	0.12	7.5K
$82.00	Aug 24	0.55	0.62	$0.59	11.9%	896	0.96	4.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 24	0.05	0.06	$0.06	16.7%	819	0.34	1.1K
$82.00	Aug 26	0.08	0.09	$0.09	11.1%	481	0.21	3.7K
$83.00	Aug 24	0.39	0.47	$0.43	18.6%	52	0.91	1.2K
$82.50	Aug 26	0.23	0.24	$0.24	4.2%	1.4K	0.45	2.8K
$81.50	Aug 28	0.09	0.10	$0.10	10.0%	730	0.16	12.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 259 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 2	12.55	12.70	$12.63	1.2%	--	1.00	16
$71.00	Sep 2	11.55	11.70	$11.63	1.3%	--	1.00	48
$75.00	Sep 2	7.60	7.70	$7.65	1.3%	--	1.00	99
$78.00	Sep 2	4.60	4.70	$4.65	2.2%	--	1.00	26
$79.00	Sep 2	3.60	3.70	$3.65	2.7%	--	1.00	535

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 24	0.87	0.97	$0.92	10.9%	6	1.00	240
$84.00	Aug 24	1.36	1.45	$1.41	6.4%	5	1.00	3
$84.50	Aug 24	1.87	1.95	$1.91	4.2%	6	1.00	--
$85.00	Aug 24	2.39	2.45	$2.42	2.5%	13	1.00	--
$85.50	Aug 24	2.86	2.97	$2.92	3.8%	5	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 369 active (total vol 183.4K, top 28.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 28	0.48	0.49	$0.49	2.0%	11.5K	0.54	67.6K
$84.00	Sep 18	0.39	0.40	$0.40	2.5%	9.6K	0.26	55.2K
$83.00	Sep 18	0.72	0.73	$0.73	1.4%	8.5K	0.40	73.0K
$87.00	Sep 11	0.05	0.06	$0.06	16.7%	8.4K	0.05	1.7K
$85.50	Sep 2	0.04	0.05	$0.05	20.0%	7.0K	0.06	959

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.76	0.77	$0.77	1.3%	28.0K	0.45	127.4K
$79.00	Sep 2	0.02	0.03	$0.03	33.3%	2.8K	0.03	5.0K
$82.50	Sep 11	0.86	0.88	$0.87	2.3%	2.1K	0.53	1.4K
$82.00	Aug 24	0.00	0.01	$0.01	100.0%	1.7K	0.04	3.7K
$82.50	Aug 26	0.23	0.24	$0.24	4.2%	1.4K	0.45	2.8K

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. 85 found (best R:R 1.04, avg 1.82)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$82.00	Sep 30	$0.66	$0.34	$0.66	72%	0.52	$81.66
$83.00	$83.50	Aug 28	$0.12	$0.38	$0.12	36%	3.17	$83.12
$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
$82.00	$81.50	Sep 25	$0.18	$0.32	$0.18	45%	1.78	$81.82
$83.00	$82.50	Sep 25	$0.26	$0.24	$0.26	59%	0.92	$82.74
$82.00	$81.50	Oct 2	$0.20	$0.30	$0.20	48%	1.50	$81.80
$81.50	$81.00	Sep 18	$0.14	$0.36	$0.14	36%	2.57	$81.36

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 49 found (best R:R 0.61, avg 0.48)

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
$83.00	$83.50	Sep 2	$0.15	$0.15	$0.35	65%	0.43	$83.15
$83.50	$84.00	Sep 25	$0.17	$0.17	$0.33	65%	0.52	$83.67
$83.50	$84.00	Oct 2	$0.17	$0.17	$0.33	65%	0.52	$83.67

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
$81.50	$81.00	Sep 2	$0.11	$0.11	$0.39	72%	0.28	$81.39
$82.00	$81.50	Sep 2	$0.16	$0.16	$0.34	60%	0.47	$81.84
$82.50	$82.00	Sep 4	$0.24	$0.24	$0.26	47%	0.92	$82.26
$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 $0.18)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Aug 24	Aug 26	$0.19	12.0%	10.9%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Aug 24	Aug 26	$0.18	12.0%	10.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 200 found (cheapest 0.25% of stock, avg 4.12%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Aug 24	$0.15	$0.06	$0.21	$82.29	$82.71	0.25%
$83.00	Aug 24	$0.02	$0.43	$0.45	$82.55	$83.45	0.54%
$82.50	Aug 26	$0.34	$0.24	$0.58	$81.92	$83.08	0.70%
$82.00	Aug 24	$0.59	$0.01	$0.60	$81.40	$82.60	0.73%
$83.00	Aug 26	$0.14	$0.54	$0.68	$82.32	$83.68	0.82%
$82.00	Aug 26	$0.70	$0.09	$0.79	$81.21	$82.79	0.96%
$82.50	Aug 28	$0.49	$0.36	$0.85	$81.65	$83.35	1.03%
$83.00	Aug 28	$0.26	$0.64	$0.90	$82.10	$83.90	1.09%
$83.50	Aug 24	$0.01	$0.92	$0.93	$82.57	$84.43	1.13%
$82.50	Aug 31	$0.55	$0.41	$0.96	$81.54	$83.46	1.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 226 found (cheapest 0.08% of stock, avg 0.95%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$84.00	$81.50	Aug 26	$0.03	$0.04	$0.07	$81.43	$84.07
$85.00	$80.50	Aug 31	$0.04	$0.04	$0.08	$80.42	$85.08
$84.50	$81.00	Aug 28	$0.04	$0.05	$0.09	$80.91	$84.59
$84.50	$80.50	Aug 31	$0.06	$0.04	$0.10	$80.40	$84.60
$83.50	$81.50	Aug 26	$0.06	$0.04	$0.10	$81.40	$83.60
$83.00	$82.50	Aug 24	$0.02	$0.06	$0.08	$82.42	$83.08
$85.00	$81.00	Aug 31	$0.04	$0.07	$0.11	$80.89	$85.11
$84.00	$81.00	Aug 28	$0.07	$0.05	$0.12	$80.88	$84.12
$84.50	$81.00	Aug 31	$0.06	$0.07	$0.13	$80.87	$84.63
$84.50	$80.00	Sep 2	$0.08	$0.06	$0.14	$79.86	$84.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 15 found (best R:R 1.50, avg credit $0.28)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/84	Sep 25	$0.30	$0.20	35%	1.50	$80.70	$83.80
80/80	84/84	Oct 2	$0.26	$0.24	42%	1.08	$80.24	$84.26
80/81	84/84	Oct 2	$0.28	$0.22	36%	1.27	$80.72	$84.28
80/81	84/84	Sep 18	$0.23	$0.27	45%	0.85	$80.77	$84.23
80/80	84/85	Oct 2	$0.22	$0.28	47%	0.79	$80.28	$84.72
80/81	84/84	Sep 25	$0.25	$0.25	41%	1.00	$80.75	$84.25
80/81	84/84	Sep 18	$0.26	$0.24	38%	1.08	$80.74	$83.76
81/82	83/84	Sep 2	$0.26	$0.24	38%	1.08	$81.24	$83.26
80/81	84/85	Oct 2	$0.24	$0.26	42%	0.92	$80.76	$84.74
80/81	84/84	Sep 11	$0.22	$0.28	44%	0.79	$80.78	$83.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 78 found (best R:R 3.17, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.50	$83.00	$83.50	Aug 24	$0.12	$0.38	63%	3.17
$80.00	$81.00	$82.00	Sep 30	$0.12	$0.88	29%	7.33
$81.00	$82.00	$83.00	Sep 30	$0.13	$0.87	30%	6.69
$82.00	$82.50	$83.00	Aug 24	$0.31	$0.19	86%	0.61
$81.50	$82.00	$82.50	Aug 24	$0.06	$0.44	32%	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.50	$83.00	$83.50	Aug 24	$0.12	$0.38	66%	3.17
$82.00	$82.50	$83.00	Aug 24	$0.32	$0.18	87%	0.56
$79.00	$80.00	$81.00	Sep 30	$0.08	$0.92	18%	11.50
$82.50	$83.00	$83.50	Aug 26	$0.11	$0.39	42%	3.55
$82.00	$82.50	$83.00	Aug 26	$0.15	$0.35	50%	2.33

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, 139 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	-$2.65	$2.35
$75.00	$78.00	1:2	Sep 2	-$1.65	$1.35
$81.50	$82.00	1:2	Aug 24	-$0.09	$0.41
$71.00	$75.00	1:2	Sep 18	-$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	-$0.36	$1.14
$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	-$0.21	$0.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 63 found (best yield 1.14%, avg 0.32%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Sep 30	$0.94	0.42	0.5%	1.14%	1.63%	1.4K	10.9K
$83.00	Oct 2	$0.95	0.41	0.5%	1.15%	1.65%	21	1.4K
$83.50	Oct 2	$0.74	0.35	1.1%	0.90%	2.00%	1	282
$83.00	Sep 25	$0.85	0.41	0.5%	1.03%	1.53%	127	1.9K
$84.00	Sep 30	$0.57	0.30	1.7%	0.69%	2.40%	808	52.1K
$83.50	Sep 25	$0.66	0.35	1.1%	0.80%	1.90%	17	2.6K
$84.00	Oct 2	$0.57	0.29	1.7%	0.69%	2.40%	42	333
$84.50	Oct 2	$0.44	0.24	2.3%	0.53%	2.85%	8	422
$83.00	Sep 18	$0.72	0.40	0.5%	0.87%	1.37%	8.5K	73.0K
$84.00	Sep 25	$0.49	0.28	1.7%	0.59%	2.30%	540	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 126,071

Total Puts 57,559

Put/Call Ratio 0.46

Net Difference 68,512

Prior's Put/Call Breakdown

Total Calls 94,220

Total Puts 86,910

Put/Call Ratio 0.92

Net Difference 7,310

Prior 7-Day Put/Call Summary

Total Calls 1,909,123

Total Puts 1,756,290

Average Put/Call Ratio 0.97

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

🤖 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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