TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$83.16 -0.38%

(8/26 13:00) ◀

Wednesday, August 26, 2026 (2:00pm)

▶ (8/26 15:01)

◀ 8/26 14:01 ▶

Option Volume

Detail

ℹ

Current (08/26 2:00pm) 294,904

Calls: 136,259 (46%)

Puts: 158,645 (54%)

Prior (08/25) 249,449

Calls: 157,463 (63%)

Puts: 91,986 (37%)

Current vs Prior +18.22%

Calls: -13.47% (Calls)

Puts: +72.47% (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 -38.79%

Calls: -49.97%

Puts: -24.25%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/26 2:00pm) $11.71M

Calls: $7.35M (63%)

Puts: $4.36M (37%)

Prior (08/25) $11.87M

Calls: $7.64M (64%)

Puts: $4.23M (36%)

Current vs Prior -1.39%

Calls: -3.89%

Puts: +3.13%

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 -58.01%

Calls: -46.88%

Puts: -68.95%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/26 2:00pm) 1.16

Prior (08/25) 0.58

Current vs Prior +99.30%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg +44.59%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/26 2:00pm) 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 0.63% | 1.11%1.11% | 1.84%2.56% | 4.03%

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

Current vs Prior -30.41% | -12.05%-12.05% | -3.42%-0.56% | +0.67%

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

Current vs 7-Day Avg -31.07% | -7.29%+0.00% | +4.64%+101.92% | +17.08%

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

Current vs 7-Day Eod -30.41% | -12.05%-13.70% | -4.61%-1.02% | +0.37%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 20.48% | 2.19%

Calls: 18.75% | 2.38%

Puts: 22.22% | 2.00%

Prior 5.46% | 3.27%

Calls: 7.69% | 1.54%

Puts: 3.23% | 5.00%

Current vs Prior +275.09% | -33.03%

Prior 7-Day Avg 6.98% | 3.39%

Calls: 7.45% | 2.93%

Puts: 6.50% | 3.85%

Current vs 7-Day Avg +193.47% | -35.45%

Liquidity Good

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Moderately bullish flow with 63% call dollar volume ($7.35M). Slightly bearish P/C ratio of 1.16. P/C ratio rising 99% - 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 NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

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
14:00	BULLISH	BEARISH	BEARISH
13:00	BULLISH	BEARISH	BEARISH
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

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

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 30	1.78	1.79	$1.79	0.6%	42	0.66	7.8K
$82.00	Sep 25	1.69	1.70	$1.69	0.6%	128	0.67	1.4K
$82.50	Sep 25	1.37	1.38	$1.38	0.7%	207	0.58	6.5K
$70.00	Aug 26	13.10	13.20	$13.15	0.8%	30	1.00	55
$82.50	Sep 18	1.21	1.22	$1.21	0.8%	61	0.60	3.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$99.00	Sep 30	16.05	16.20	$16.13	0.9%	--	0.99	172
$83.50	Sep 11	1.06	1.07	$1.07	0.9%	482	0.62	778
$99.00	Aug 26	15.80	15.95	$15.88	0.9%	13	1.00	--
$98.00	Sep 18	15.05	15.20	$15.13	1.0%	--	0.99	16
$98.00	Aug 26	14.80	14.95	$14.88	1.0%	11	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 159 found (avg $0.33, cheapest $0.16)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 26	0.14	0.17	$0.16	18.8%	6.1K	0.87	9.6K
$84.00	Aug 28	0.06	0.07	$0.07	14.3%	1.7K	0.15	10.4K
$83.50	Aug 28	0.17	0.18	$0.18	5.6%	12.2K	0.34	10.0K
$84.50	Aug 31	0.05	0.06	$0.06	16.7%	65	0.11	832
$84.00	Aug 31	0.11	0.12	$0.12	8.3%	1.1K	0.20	3.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 28	0.08	0.09	$0.09	11.1%	1.0K	0.19	5.1K
$82.00	Aug 31	0.05	0.06	$0.06	16.7%	115	0.12	2.0K
$83.00	Aug 28	0.22	0.23	$0.23	4.3%	5.4K	0.41	5.6K
$82.50	Aug 31	0.13	0.14	$0.14	7.1%	291	0.24	3.0K
$81.50	Sep 2	0.08	0.09	$0.09	11.1%	35	0.13	639

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 274 found (avg delta 0.91, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Aug 26	15.05	15.20	$15.13	1.0%	16	1.00	3
$69.00	Aug 26	14.05	14.20	$14.13	1.1%	17	1.00	53
$70.00	Aug 26	13.10	13.20	$13.15	0.8%	30	1.00	55
$71.00	Aug 26	12.05	12.20	$12.13	1.2%	29	1.00	30
$72.00	Aug 26	11.10	11.20	$11.15	0.9%	146	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%	158	1.00	--
$99.00	Aug 26	15.80	15.95	$15.88	0.9%	13	1.00	--
$94.00	Aug 26	10.75	10.95	$10.85	1.8%	53	1.00	--
$97.00	Aug 26	13.75	13.95	$13.85	1.4%	11	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 382 active (total vol 294.7K, top 65.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 4	0.21	0.22	$0.22	4.5%	12.9K	0.24	36.6K
$83.50	Aug 26	0.00	0.01	$0.01	100.0%	12.4K	0.05	18.6K
$83.50	Aug 28	0.17	0.18	$0.18	5.6%	12.2K	0.34	10.0K
$83.00	Sep 30	1.17	1.19	$1.18	1.7%	8.9K	0.49	10.4K
$83.50	Aug 31	0.25	0.26	$0.26	3.8%	7.6K	0.37	3.2K

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	0.50	0.51	$0.51	2.0%	11.2K	0.34	125.7K
$82.00	Aug 28	0.03	0.04	$0.04	25.0%	10.3K	0.09	18.1K
$80.00	Sep 18	0.14	0.15	$0.15	6.7%	9.0K	0.12	117.9K
$80.50	Sep 2	0.02	0.03	$0.03	33.3%	7.8K	0.04	7.9K

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. 84 found (best R:R 0.92, avg 1.81)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$79.00	$79.50	Oct 2	$0.26	$0.24	$0.26	100%	0.92	$79.26
$86.00	$87.00	Sep 30	$0.10	$0.90	$0.10	16%	9.00	$86.10
$82.00	$82.50	Sep 25	$0.31	$0.19	$0.31	67%	0.61	$82.31
$85.00	$86.00	Sep 30	$0.17	$0.83	$0.17	25%	4.88	$85.17
$82.50	$83.00	Sep 18	$0.27	$0.23	$0.27	60%	0.85	$82.77

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$85.50	$85.00	Oct 2	$0.30	$0.20	$0.30	80%	0.67	$85.20
$86.00	$85.50	Oct 2	$0.33	$0.17	$0.33	83%	0.52	$85.67
$83.00	$82.00	Sep 30	$0.41	$0.59	$0.41	52%	1.44	$82.59
$84.00	$83.00	Sep 30	$0.57	$0.43	$0.57	64%	0.75	$83.43
$83.00	$82.50	Sep 25	$0.22	$0.28	$0.22	52%	1.27	$82.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 47 found (best R:R 0.43, avg 0.48)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$84.00	$85.00	Sep 30	$0.30	$0.30	$0.70	64%	0.43	$84.30
$83.50	$84.00	Aug 31	$0.14	$0.14	$0.36	63%	0.39	$83.64
$83.50	$84.00	Aug 28	$0.11	$0.11	$0.39	66%	0.28	$83.61
$83.50	$84.00	Sep 4	$0.15	$0.15	$0.35	64%	0.43	$83.65
$83.50	$84.00	Sep 18	$0.19	$0.19	$0.31	59%	0.61	$83.69

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.50	Aug 28	$0.14	$0.14	$0.36	59%	0.39	$82.86
$83.00	$82.50	Sep 2	$0.23	$0.23	$0.27	48%	0.85	$82.77
$83.00	$82.50	Aug 31	$0.16	$0.16	$0.34	57%	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 0.22% of stock, avg 4.20%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 26	$0.16	$0.02	$0.18	$82.82	$83.18	0.22%
$83.50	Aug 26	$0.01	$0.36	$0.37	$83.13	$83.87	0.44%
$83.00	Aug 28	$0.42	$0.23	$0.65	$82.35	$83.65	0.78%
$82.50	Aug 26	$0.66	$0.01	$0.67	$81.83	$83.17	0.81%
$83.50	Aug 28	$0.18	$0.50	$0.68	$82.82	$84.18	0.82%
$83.00	Aug 31	$0.49	$0.30	$0.79	$82.21	$83.79	0.95%
$83.50	Aug 31	$0.26	$0.56	$0.82	$82.68	$84.32	0.99%
$82.50	Aug 28	$0.77	$0.09	$0.86	$81.64	$83.36	1.03%
$84.00	Aug 26	$0.01	$0.86	$0.87	$83.13	$84.87	1.05%
$84.00	Aug 28	$0.07	$0.90	$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 0.04% of stock, avg 0.93%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.50	$83.00	Aug 26	$0.01	$0.02	$0.03	$82.97	$83.53
$85.00	$81.50	Aug 31	$0.03	$0.03	$0.06	$81.44	$85.06
$84.50	$82.00	Aug 28	$0.03	$0.04	$0.07	$81.93	$84.57
$85.00	$81.00	Sep 2	$0.04	$0.05	$0.09	$80.91	$85.09
$84.50	$81.50	Aug 31	$0.06	$0.03	$0.09	$81.41	$84.59
$85.00	$82.00	Aug 31	$0.03	$0.06	$0.09	$81.91	$85.09
$84.00	$82.00	Aug 28	$0.07	$0.04	$0.11	$81.89	$84.11
$84.50	$82.00	Aug 31	$0.06	$0.06	$0.12	$81.88	$84.62
$84.50	$82.50	Aug 28	$0.03	$0.09	$0.12	$82.38	$84.62
$84.50	$81.00	Sep 2	$0.08	$0.05	$0.13	$80.87	$84.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 9 found (best R:R 1.27, avg credit $0.26)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
81/82	84/85	Oct 2	$0.28	$0.22	37%	1.27	$81.22	$84.78
80/81	84/85	Oct 2	$0.25	$0.25	43%	1.00	$80.75	$84.75
81/82	85/86	Oct 2	$0.24	$0.26	43%	0.92	$81.26	$85.24
80/81	85/86	Oct 2	$0.21	$0.29	48%	0.72	$80.79	$85.21
82/82	84/84	Sep 11	$0.25	$0.25	39%	1.00	$81.75	$84.25
81/82	84/85	Sep 25	$0.23	$0.27	42%	0.85	$81.27	$84.73
82/82	84/84	Sep 18	$0.27	$0.23	33%	1.17	$81.73	$84.27
80/81	86/87	Sep 30	$0.26	$0.74	60%	0.35	$80.74	$86.26
80/81	85/86	Sep 30	$0.33	$0.67	51%	0.49	$80.67	$85.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 82 found (best R:R 2.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$83.00	$83.50	$84.00	Aug 26	$0.15	$0.35	84%	2.33
$80.00	$81.00	$82.00	Sep 30	$0.08	$0.92	26%	11.50
$82.50	$83.00	$83.50	Aug 26	$0.35	$0.15	95%	0.43
$81.00	$82.00	$83.00	Sep 30	$0.13	$0.87	32%	6.69
$82.00	$82.50	$83.00	Sep 2	$0.07	$0.43	39%	6.14

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$83.00	$83.50	$84.00	Aug 26	$0.16	$0.34	79%	2.12
$82.50	$83.00	$83.50	Aug 26	$0.33	$0.17	91%	0.52
$82.50	$83.00	$83.50	Aug 28	$0.13	$0.37	47%	2.85
$82.50	$83.00	$83.50	Aug 31	$0.10	$0.40	39%	4.00
$80.00	$81.00	$82.00	Sep 30	$0.10	$0.90	21%	9.00

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 $-1.13, 137 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$74.00	$78.00	1:2	Aug 31	-$1.18	$2.82
$75.00	$78.00	1:2	Sep 2	-$2.16	$0.84
$82.00	$82.50	1:2	Aug 26	-$0.15	$0.35
$82.50	$83.00	1:2	Aug 28	-$0.07	$0.43
$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	-$1.13	$3.37
$86.50	$85.00	1:2	Aug 28	-$0.37	$1.13
$85.00	$84.00	1:2	Sep 9	-$0.50	$0.50
$84.00	$83.50	1:2	Aug 28	-$0.10	$0.40
$84.00	$83.50	1:2	Aug 31	-$0.19	$0.31

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 60 found (best yield 1.13%, avg 0.32%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.50	Oct 2	$0.94	0.42	0.4%	1.13%	1.54%	316	944
$84.00	Oct 2	$0.75	0.36	1.0%	0.90%	1.91%	175	563
$84.00	Sep 30	$0.73	0.36	1.0%	0.88%	1.89%	676	52.3K
$83.50	Sep 25	$0.84	0.42	0.4%	1.01%	1.42%	121	6.1K
$84.50	Oct 2	$0.57	0.30	1.6%	0.69%	2.30%	24	526
$84.00	Sep 25	$0.64	0.35	1.0%	0.77%	1.78%	72	2.7K
$85.00	Sep 30	$0.43	0.25	2.2%	0.52%	2.73%	307	20.1K
$84.50	Sep 25	$0.49	0.29	1.6%	0.59%	2.20%	14	984
$85.00	Oct 2	$0.44	0.24	2.2%	0.53%	2.74%	37	689
$83.50	Sep 18	$0.70	0.41	0.4%	0.84%	1.25%	4.3K	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 136,259

Total Puts 158,645

Put/Call Ratio 1.16

Net Difference -22,386

Prior's Put/Call Breakdown

Total Calls 157,463

Total Puts 91,986

Put/Call Ratio 0.58

Net Difference 65,477

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

🤖 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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