TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$83.17 -0.36%

(8/26 11:00) ◀

Wednesday, August 26, 2026 (12:00pm)

▶ (8/26 13:00)

◀ 8/26 12:00 ▶

Option Volume

Detail

ℹ

Current (08/26 12:00pm) 228,649

Calls: 95,949 (42%)

Puts: 132,700 (58%)

Prior (08/25) 207,426

Calls: 127,126 (61%)

Puts: 80,300 (39%)

Current vs Prior +10.23%

Calls: -24.52% (Calls)

Puts: +65.26% (Puts)

Prior 7-Day Total 3,372,662

Calls: 1,906,666 (57%)

Puts: 1,465,996 (43%)

Prior 7-Day Average 481,808

Calls: 272,380 (57%)

Puts: 209,428 (43%)

Current vs Prior 7-Day Avg -52.54%

Calls: -64.77%

Puts: -36.64%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/26 12:00pm) $9.19M

Calls: $5.31M (58%)

Puts: $3.88M (42%)

Prior (08/25) $9.79M

Calls: $5.91M (60%)

Puts: $3.88M (40%)

Current vs Prior -6.14%

Calls: -10.16%

Puts: -0.02%

Prior 7-Day Total $195.19M

Calls: $96.80M (50%)

Puts: $98.39M (50%)

Prior 7-Day Average $27.88M

Calls: $13.83M (50%)

Puts: $14.06M (50%)

Current vs Prior 7-Day Avg -67.05%

Calls: -61.62%

Puts: -72.39%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/26 12:00pm) 1.38

Prior (08/25) 0.63

Current vs Prior +118.95%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg +71.75%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/26 12:00pm) 2,857,507

Calls: 1,694,914 (59%)

Puts: 1,162,593 (41%)

Prior (08/25) 2,767,190

Calls: 1,607,036 (58%)

Puts: 1,160,154 (42%)

Current vs Prior +3.26%

Prior 7-Day Total 23,191,447

Calls: 13,181,976 (57%)

Puts: 10,009,471 (43%)

Prior 7-Day Average 3,313,063

Calls: 1,883,139 (57%)

Puts: 1,429,924 (43%)

Current vs Prior 7-Day Avg -13.75%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 0.65% | 1.12%1.12% | 1.86%2.59% | 4.05%

Prior 0.90% | 1.26%1.26% | 1.90%2.58% | 4.00%

Current vs Prior -27.74% | -11.11%-11.11% | -2.16%+0.36% | +1.26%

Prior 7-Day Avg 0.91% | 1.19%1.11% | 1.76%1.27% | 3.44%

Current vs 7-Day Avg -28.43% | -6.30%+1.08% | +5.99%+103.79% | +17.76%

Prior 7-Day Eod 0.90% | 1.26%1.28% | 1.93%2.59% | 4.01%

Current vs 7-Day Eod -27.74% | -11.11%-12.77% | -3.38%-0.10% | +0.96%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 19.09% | 2.17%

Calls: 21.05% | 2.33%

Puts: 17.14% | 2.00%

Prior 5.46% | 3.27%

Calls: 7.69% | 1.54%

Puts: 3.23% | 5.00%

Current vs Prior +249.63% | -33.64%

Prior 7-Day Avg 6.98% | 3.39%

Calls: 7.45% | 2.93%

Puts: 6.50% | 3.85%

Current vs 7-Day Avg +173.55% | -36.04%

Liquidity Good

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🤖 AI Insights

Bearish P/C ratio of 1.38 indicates protective positioning. P/C ratio rising 119% - increased hedging/bearish positioning.

Smart Money BULLISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BEARISH

Current BEARISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

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	BULLISH	BEARISH	BEARISH
11:00	BULLISH	BEARISH	BEARISH
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 359 of results (avg 2.8%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 30	1.80	1.81	$1.81	0.6%	18	0.66	7.8K
$82.00	Sep 25	1.71	1.72	$1.72	0.6%	60	0.67	1.4K
$68.00	Aug 26	15.10	15.20	$15.15	0.7%	7	1.00	3
$69.00	Aug 26	14.10	14.20	$14.15	0.7%	8	1.00	53
$82.00	Sep 11	1.40	1.41	$1.40	0.7%	64	0.75	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$99.00	Aug 26	15.80	15.90	$15.85	0.6%	13	1.00	--
$98.00	Aug 26	14.80	14.90	$14.85	0.7%	11	1.00	--
$97.00	Aug 26	13.80	13.90	$13.85	0.7%	11	1.00	--
$94.00	Aug 26	10.80	10.90	$10.85	0.9%	53	1.00	--
$83.00	Sep 25	1.01	1.02	$1.02	1.0%	36	0.52	278

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 160 found (avg $0.33, cheapest $0.35)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Aug 28	0.07	0.08	$0.08	12.5%	1.3K	0.17	10.4K
$83.50	Aug 28	0.18	0.20	$0.19	10.5%	10.5K	0.35	10.0K
$84.50	Aug 31	0.05	0.06	$0.06	16.7%	40	0.11	832
$84.00	Aug 31	0.12	0.13	$0.13	7.7%	903	0.21	3.2K
$82.50	Aug 26	0.63	0.69	$0.66	9.1%	364	1.00	2.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 26	0.32	0.38	$0.35	17.1%	216	0.89	601
$82.50	Aug 28	0.08	0.09	$0.09	11.1%	886	0.19	5.1K
$82.00	Aug 31	0.05	0.06	$0.06	16.7%	74	0.12	2.0K
$83.00	Aug 28	0.22	0.23	$0.23	4.3%	2.2K	0.41	5.6K
$82.50	Aug 31	0.13	0.14	$0.14	7.1%	279	0.24	3.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 273 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Aug 26	15.10	15.20	$15.15	0.7%	7	1.00	3
$69.00	Aug 26	14.10	14.20	$14.15	0.7%	8	1.00	53
$70.00	Aug 26	13.10	13.20	$13.15	0.8%	23	1.00	55
$71.00	Aug 26	12.10	12.20	$12.15	0.8%	22	1.00	30
$72.00	Aug 26	11.10	11.20	$11.15	0.9%	138	1.00	31

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.50	Aug 28	3.30	3.40	$3.35	3.0%	1	1.00	--
$87.00	Aug 28	3.80	3.90	$3.85	2.6%	100	1.00	--
$98.00	Aug 26	14.80	14.90	$14.85	0.7%	11	1.00	--
$99.00	Aug 26	15.80	15.90	$15.85	0.6%	13	1.00	--
$94.00	Aug 26	10.80	10.90	$10.85	0.9%	53	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 349 active (total vol 228.6K, top 65.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 4	0.23	0.24	$0.24	4.2%	12.8K	0.25	36.6K
$83.50	Aug 26	0.01	0.02	$0.02	50.0%	11.3K	0.11	18.6K
$83.50	Aug 28	0.18	0.20	$0.19	10.5%	10.5K	0.35	10.0K
$83.00	Sep 30	1.19	1.21	$1.20	1.7%	8.9K	0.49	10.4K
$85.00	Sep 18	0.28	0.29	$0.29	3.4%	6.5K	0.20	104.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 18	0.04	0.05	$0.05	20.0%	65.1K	0.04	83.1K
$82.00	Sep 18	0.51	0.52	$0.52	1.9%	10.5K	0.34	125.7K
$80.00	Sep 18	0.14	0.15	$0.15	6.7%	8.4K	0.12	117.9K
$80.50	Sep 2	0.02	0.03	$0.03	33.3%	7.8K	0.04	7.9K
$83.00	Sep 4	0.63	0.64	$0.64	1.6%	5.1K	0.52	1.4K

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. 82 found (best R:R 0.56, avg 1.74)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$79.00	$79.50	Oct 2	$0.32	$0.18	$0.32	100%	0.56	$79.32
$86.00	$87.00	Sep 30	$0.10	$0.90	$0.10	17%	9.00	$86.10
$84.50	$85.00	Sep 18	$0.10	$0.40	$0.10	26%	4.00	$84.60
$82.50	$83.00	Sep 18	$0.27	$0.23	$0.27	60%	0.85	$82.77
$84.50	$85.00	Sep 25	$0.12	$0.38	$0.12	29%	3.17	$84.62

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 30	$0.40	$0.60	$0.40	52%	1.50	$82.60
$83.00	$82.50	Oct 2	$0.23	$0.27	$0.23	53%	1.17	$82.77
$83.50	$83.00	Sep 25	$0.26	$0.24	$0.26	58%	0.92	$83.24
$83.00	$82.50	Sep 18	$0.22	$0.28	$0.22	52%	1.27	$82.78
$82.00	$81.50	Sep 25	$0.14	$0.36	$0.14	36%	2.57	$81.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 45 found (best R:R 0.85, avg 0.49)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.50	$84.00	Sep 2	$0.14	$0.14	$0.36	65%	0.39	$83.64
$84.00	$85.00	Sep 30	$0.30	$0.30	$0.70	63%	0.43	$84.30
$83.50	$84.00	Aug 31	$0.14	$0.14	$0.36	62%	0.39	$83.64
$84.00	$84.50	Oct 2	$0.17	$0.17	$0.33	64%	0.52	$84.17
$84.00	$84.50	Sep 18	$0.15	$0.15	$0.35	67%	0.43	$84.15

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.50	Sep 2	$0.23	$0.23	$0.27	48%	0.85	$82.77
$83.00	$82.50	Aug 28	$0.14	$0.14	$0.36	60%	0.39	$82.86
$83.00	$82.50	Aug 31	$0.16	$0.16	$0.34	58%	0.47	$82.84
$82.50	$82.00	Sep 2	$0.14	$0.14	$0.36	64%	0.39	$82.36
$82.50	$82.00	Sep 4	$0.16	$0.16	$0.34	61%	0.47	$82.34

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 214 found (cheapest 0.26% of stock, avg 4.21%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 26	$0.19	$0.03	$0.22	$82.78	$83.22	0.26%
$83.50	Aug 26	$0.02	$0.35	$0.37	$83.13	$83.87	0.44%
$83.00	Aug 28	$0.43	$0.23	$0.66	$82.34	$83.66	0.79%
$82.50	Aug 26	$0.66	$0.01	$0.67	$81.83	$83.17	0.81%
$83.50	Aug 28	$0.19	$0.50	$0.69	$82.81	$84.19	0.83%
$83.00	Aug 31	$0.50	$0.30	$0.80	$82.20	$83.80	0.96%
$83.50	Aug 31	$0.27	$0.56	$0.83	$82.67	$84.33	1.00%
$84.00	Aug 26	$0.01	$0.84	$0.85	$83.15	$84.85	1.02%
$82.50	Aug 28	$0.78	$0.09	$0.87	$81.63	$83.37	1.05%
$84.00	Aug 28	$0.08	$0.89	$0.97	$83.03	$84.97	1.17%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 217 found (cheapest 0.06% of stock, avg 0.93%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.50	$83.00	Aug 26	$0.02	$0.03	$0.05	$82.95	$83.55
$84.50	$82.00	Aug 28	$0.03	$0.03	$0.06	$81.94	$84.56
$85.00	$81.50	Aug 31	$0.04	$0.03	$0.07	$81.43	$85.07
$84.50	$81.50	Aug 31	$0.06	$0.03	$0.09	$81.41	$84.59
$85.00	$81.00	Sep 2	$0.05	$0.05	$0.10	$80.90	$85.10
$85.00	$82.00	Aug 31	$0.04	$0.06	$0.10	$81.90	$85.10
$84.50	$82.00	Aug 31	$0.06	$0.06	$0.12	$81.88	$84.62
$84.00	$82.00	Aug 28	$0.08	$0.03	$0.11	$81.89	$84.11
$84.50	$82.50	Aug 28	$0.03	$0.09	$0.12	$82.38	$84.62
$85.50	$80.50	Sep 4	$0.07	$0.06	$0.13	$80.37	$85.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 7 found (best R:R 1.17, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
81/82	84/85	Oct 2	$0.27	$0.23	37%	1.17	$81.23	$84.77
82/82	84/84	Sep 18	$0.29	$0.21	32%	1.38	$81.71	$84.29
81/82	84/85	Sep 25	$0.23	$0.27	42%	0.85	$81.27	$84.73
82/82	84/85	Sep 18	$0.24	$0.26	40%	0.92	$81.76	$84.74
82/82	84/84	Sep 11	$0.24	$0.26	39%	0.92	$81.76	$84.24
80/81	86/87	Sep 30	$0.26	$0.74	59%	0.35	$80.74	$86.26
80/81	85/86	Sep 30	$0.34	$0.66	51%	0.52	$80.66	$85.34

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 88 found (best R:R 2.12, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$83.00	$83.50	$84.00	Aug 26	$0.16	$0.34	77%	2.12
$82.50	$83.00	$83.50	Aug 26	$0.30	$0.20	89%	0.67
$81.00	$82.00	$83.00	Sep 30	$0.12	$0.88	31%	7.33
$82.50	$83.00	$83.50	Aug 28	$0.11	$0.39	46%	3.55
$82.00	$82.50	$83.00	Aug 31	$0.06	$0.44	31%	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$83.00	$83.50	$84.00	Aug 26	$0.17	$0.33	75%	1.94
$82.50	$83.00	$83.50	Aug 26	$0.30	$0.20	85%	0.67
$81.00	$82.00	$83.00	Sep 30	$0.13	$0.87	28%	6.69
$82.00	$82.50	$83.00	Aug 28	$0.08	$0.42	33%	5.25
$82.50	$83.00	$83.50	Aug 31	$0.10	$0.40	38%	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. 147 found (best net $-1.17, 138 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$74.00	$78.00	1:2	Aug 31	-$1.20	$2.80
$75.00	$78.00	1:2	Sep 2	-$2.17	$0.83
$82.00	$82.50	1:2	Aug 26	-$0.16	$0.34
$82.50	$83.00	1:2	Aug 28	-$0.08	$0.42
$82.50	$83.00	1:2	Aug 31	-$0.15	$0.35

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.17	$3.33
$86.50	$85.00	1:2	Aug 28	-$0.31	$1.19
$85.00	$84.00	1:2	Sep 9	-$0.51	$0.49
$84.00	$83.50	1:2	Aug 28	-$0.11	$0.39
$84.50	$84.00	1:2	Aug 26	-$0.33	$0.17

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 63 found (best yield 1.15%, avg 0.32%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.50	Oct 2	$0.96	0.42	0.4%	1.15%	1.55%	291	944
$84.00	Sep 30	$0.75	0.37	1.0%	0.90%	1.90%	631	52.3K
$84.00	Oct 2	$0.76	0.36	1.0%	0.91%	1.91%	111	563
$83.50	Sep 25	$0.86	0.42	0.4%	1.03%	1.43%	94	6.1K
$84.50	Oct 2	$0.59	0.30	1.6%	0.71%	2.31%	24	526
$84.00	Sep 25	$0.66	0.36	1.0%	0.79%	1.79%	61	2.7K
$85.00	Oct 2	$0.46	0.25	2.2%	0.55%	2.75%	27	689
$85.00	Sep 30	$0.45	0.25	2.2%	0.54%	2.74%	264	20.1K
$84.50	Sep 25	$0.50	0.29	1.6%	0.60%	2.20%	14	984
$83.50	Sep 18	$0.71	0.41	0.4%	0.85%	1.25%	199	6.5K

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 95,949

Total Puts 132,700

Put/Call Ratio 1.38

Net Difference -36,751

Prior's Put/Call Breakdown

Total Calls 127,126

Total Puts 80,300

Put/Call Ratio 0.63

Net Difference 46,826

Prior 7-Day Put/Call Summary

Total Calls 1,906,666

Total Puts 1,465,996

Average Put/Call Ratio 0.81

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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