TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$83.21 -0.32%

(8/26 14:01) ◀

Wednesday, August 26, 2026 (3:00pm)

▶ (8/26 15:18)

◀ 8/26 15:01 ▶

Option Volume

Detail

ℹ

Current (08/26 3:00pm) 312,464

Calls: 147,239 (47%)

Puts: 165,225 (53%)

Prior (08/25) 270,659

Calls: 171,081 (63%)

Puts: 99,578 (37%)

Current vs Prior +15.45%

Calls: -13.94% (Calls)

Puts: +65.93% (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 -35.15%

Calls: -45.94%

Puts: -21.11%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/26 3:00pm) $12.67M

Calls: $8.26M (65%)

Puts: $4.42M (35%)

Prior (08/25) $12.84M

Calls: $8.33M (65%)

Puts: $4.51M (35%)

Current vs Prior -1.31%

Calls: -0.92%

Puts: -2.04%

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 -54.55%

Calls: -40.28%

Puts: -68.58%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/26 3:00pm) 1.12

Prior (08/25) 0.58

Current vs Prior +92.79%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg +39.36%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/26 3:00pm) 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 0.62% | 1.11%1.11% | 1.84%2.55% | 4.01%

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

Current vs Prior -30.45% | -12.11%-12.11% | -3.48%-1.09% | +0.31%

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

Current vs 7-Day Avg -31.11% | -7.35%-0.06% | +4.57%+100.85% | +16.66%

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

Current vs 7-Day Eod -30.45% | -12.11%-13.75% | -4.67%-1.55% | +0.01%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 15.94% | 2.17%

Calls: 10.00% | 2.22%

Puts: 21.88% | 2.13%

Prior 5.46% | 3.27%

Calls: 7.69% | 1.54%

Puts: 3.23% | 5.00%

Current vs Prior +191.94% | -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 +128.41% | -36.04%

Liquidity Good

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Moderately bullish flow with 65% call dollar volume ($8.26M). Slightly bearish P/C ratio of 1.12. P/C ratio rising 93% - 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
15:00	BULLISH	BEARISH	BEARISH
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

💰

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 356 of results (avg 3.1%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 30	1.81	1.82	$1.82	0.5%	42	0.67	7.8K
$82.00	Sep 25	1.72	1.73	$1.73	0.6%	128	0.68	1.4K
$82.00	Sep 18	1.57	1.58	$1.58	0.6%	4.2K	0.71	87.0K
$82.00	Sep 11	1.42	1.43	$1.42	0.7%	423	0.76	2.0K
$70.00	Aug 28	13.15	13.25	$13.20	0.8%	--	1.00	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$99.00	Sep 30	16.00	16.15	$16.08	0.9%	--	0.99	172
$99.00	Aug 26	15.75	15.90	$15.83	0.9%	13	1.00	--
$98.00	Sep 18	15.00	15.15	$15.08	1.0%	--	0.99	16
$98.00	Aug 26	14.75	14.90	$14.83	1.0%	11	1.00	--
$84.50	Sep 25	1.90	1.92	$1.91	1.0%	2	0.71	337

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 159 found (avg $0.34, cheapest $0.20)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 26	0.19	0.21	$0.20	10.0%	6.8K	0.86	9.6K
$84.00	Aug 28	0.07	0.08	$0.08	12.5%	2.0K	0.17	10.4K
$84.50	Aug 31	0.05	0.06	$0.06	16.7%	65	0.11	832
$83.50	Aug 28	0.19	0.20	$0.20	5.0%	12.9K	0.36	10.0K
$84.00	Aug 31	0.12	0.13	$0.13	7.7%	1.4K	0.22	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%	1.1K	0.19	5.1K
$82.00	Aug 31	0.05	0.06	$0.06	16.7%	121	0.11	2.0K
$83.00	Aug 28	0.20	0.21	$0.21	4.8%	5.9K	0.39	5.6K
$82.50	Aug 31	0.12	0.13	$0.13	7.7%	804	0.23	3.0K
$83.00	Aug 31	0.27	0.28	$0.28	3.6%	682	0.41	742

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 278 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	15.25	$15.18	1.0%	16	1.00	3
$69.00	Aug 26	14.10	14.25	$14.18	1.1%	17	1.00	53
$70.00	Aug 26	13.10	13.25	$13.18	1.1%	30	1.00	55
$71.00	Aug 26	12.10	12.25	$12.18	1.2%	37	1.00	30
$72.00	Aug 26	11.10	11.25	$11.18	1.3%	154	1.00	31

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.50	Aug 28	3.25	3.40	$3.33	4.5%	1	1.00	--
$87.00	Aug 28	3.75	3.90	$3.83	3.9%	161	1.00	--
$98.00	Aug 26	14.75	14.90	$14.83	1.0%	11	1.00	--
$99.00	Aug 26	15.75	15.90	$15.83	0.9%	13	1.00	--
$94.00	Aug 26	10.75	10.90	$10.83	1.4%	53	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 387 active (total vol 312.2K, 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%	12.9K	0.26	36.6K
$83.50	Aug 28	0.19	0.20	$0.20	5.0%	12.9K	0.36	10.0K
$83.50	Aug 26	0.00	0.01	$0.01	100.0%	12.4K	0.06	18.6K
$83.00	Sep 30	1.20	1.21	$1.21	0.8%	8.9K	0.50	10.4K
$83.50	Aug 31	0.27	0.28	$0.28	3.6%	7.6K	0.39	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	0.49	0.50	$0.50	2.0%	11.6K	0.34	125.7K
$82.00	Aug 28	0.02	0.03	$0.03	33.3%	11.0K	0.07	18.1K
$80.00	Sep 18	0.13	0.14	$0.14	7.1%	9.1K	0.11	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. 1 strikes (avg 92.7%, max 92.7%)

CALLS (0)

No calls found

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 26	Oct 2	19.4%	10.0%	92.7%	6.1K	2.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 84 found (best R:R 0.67, avg 1.83)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$86.00	$87.00	Sep 30	$0.10	$0.90	$0.10	16%	9.00	$86.10
$82.00	$82.50	Sep 18	$0.33	$0.17	$0.33	71%	0.52	$82.33
$84.50	$85.00	Sep 25	$0.12	$0.38	$0.12	29%	3.17	$84.62
$83.00	$83.50	Aug 31	$0.24	$0.26	$0.24	59%	1.08	$83.24
$84.00	$84.50	Sep 18	$0.14	$0.36	$0.14	33%	2.57	$84.14

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	79%	0.67	$85.20
$83.00	$82.00	Sep 30	$0.40	$0.60	$0.40	51%	1.50	$82.60
$82.50	$82.00	Sep 25	$0.17	$0.33	$0.17	43%	1.94	$82.33
$83.50	$83.00	Sep 18	$0.26	$0.24	$0.26	59%	0.92	$83.24
$82.00	$81.00	Sep 30	$0.25	$0.75	$0.25	36%	3.00	$81.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 48 found (best R:R 0.85, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.50	$84.00	Sep 2	$0.15	$0.15	$0.35	64%	0.43	$83.65
$83.50	$84.00	Sep 18	$0.20	$0.20	$0.30	58%	0.67	$83.70
$83.50	$84.00	Aug 31	$0.15	$0.15	$0.35	61%	0.43	$83.65
$84.00	$85.00	Sep 30	$0.30	$0.30	$0.70	63%	0.43	$84.30
$83.50	$84.00	Aug 28	$0.12	$0.12	$0.38	64%	0.32	$83.62

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	50%	0.85	$82.77
$83.00	$82.50	Aug 31	$0.15	$0.15	$0.35	59%	0.43	$82.85
$82.50	$82.00	Sep 2	$0.13	$0.13	$0.37	65%	0.35	$82.37
$83.00	$82.50	Aug 28	$0.12	$0.12	$0.38	61%	0.32	$82.88
$82.50	$82.00	Sep 4	$0.15	$0.15	$0.35	62%	0.43	$82.35

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 4.20%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 26	$0.20	$0.02	$0.22	$82.78	$83.22	0.26%
$83.50	Aug 26	$0.01	$0.32	$0.33	$83.17	$83.83	0.40%
$83.00	Aug 28	$0.45	$0.21	$0.66	$82.34	$83.66	0.79%
$83.50	Aug 28	$0.20	$0.47	$0.67	$82.83	$84.17	0.81%
$82.50	Aug 26	$0.68	$0.01	$0.69	$81.81	$83.19	0.83%
$83.00	Aug 31	$0.52	$0.28	$0.80	$82.20	$83.80	0.96%
$83.50	Aug 31	$0.28	$0.53	$0.81	$82.69	$84.31	0.97%
$84.00	Aug 26	$0.01	$0.82	$0.83	$83.17	$84.83	1.00%
$82.50	Aug 28	$0.81	$0.09	$0.90	$81.60	$83.40	1.08%
$84.00	Aug 28	$0.08	$0.86	$0.94	$83.06	$84.94	1.13%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 217 found (cheapest 0.04% of stock, avg 0.80%)

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	$0.03	$0.06	$81.94	$84.56
$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
$85.00	$81.00	Sep 2	$0.05	$0.05	$0.10	$80.90	$85.10
$85.50	$80.50	Sep 4	$0.06	$0.06	$0.12	$80.38	$85.62
$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

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 1.00, avg credit $0.26)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
81/82	85/86	Oct 2	$0.25	$0.25	43%	1.00	$81.25	$85.25
81/82	84/85	Oct 2	$0.27	$0.23	37%	1.17	$81.23	$84.77
81/82	85/86	Sep 25	$0.21	$0.29	48%	0.72	$81.29	$85.21
82/82	84/85	Sep 18	$0.25	$0.25	40%	1.00	$81.75	$84.75
82/82	84/84	Sep 18	$0.28	$0.22	33%	1.27	$81.72	$84.28
81/82	84/85	Sep 25	$0.23	$0.27	43%	0.85	$81.27	$84.73
82/82	84/84	Sep 9	$0.22	$0.28	44%	0.79	$81.78	$84.22
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	60%	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. 91 found (best R:R 1.63, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$83.00	$83.50	$84.00	Aug 26	$0.19	$0.31	83%	1.63
$82.50	$83.00	$83.50	Aug 26	$0.29	$0.21	90%	0.72
$81.00	$82.00	$83.00	Sep 30	$0.12	$0.88	31%	7.33
$82.00	$82.50	$83.00	Sep 2	$0.07	$0.43	37%	6.14
$82.50	$83.00	$83.50	Aug 28	$0.11	$0.39	45%	3.55

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$83.00	$83.50	$84.00	Aug 26	$0.20	$0.30	82%	1.50
$82.50	$83.00	$83.50	Aug 26	$0.29	$0.21	91%	0.72
$82.00	$82.50	$83.00	Aug 28	$0.06	$0.44	32%	7.33
$80.00	$81.00	$82.00	Sep 30	$0.09	$0.91	21%	10.11
$82.50	$83.00	$83.50	Aug 31	$0.10	$0.40	39%	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. 141 found (best net $-1.09, 134 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$74.00	$78.00	1:2	Aug 31	-$1.23	$2.77
$75.00	$78.00	1:2	Sep 2	-$2.23	$0.77
$82.00	$82.50	1:2	Aug 26	-$0.17	$0.33
$82.50	$83.00	1:2	Aug 28	-$0.09	$0.41
$82.50	$83.00	1:2	Aug 31	-$0.17	$0.33

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.09	$3.41
$86.50	$85.00	1:2	Aug 28	-$0.29	$1.21
$85.00	$84.00	1:2	Sep 9	-$0.47	$0.53
$84.00	$83.50	1:2	Aug 28	-$0.08	$0.42
$84.00	$83.50	1:2	Aug 31	-$0.17	$0.33

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 60 found (best yield 1.15%, avg 0.33%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.50	Oct 2	$0.96	0.42	0.3%	1.15%	1.50%	331	944
$84.00	Oct 2	$0.76	0.36	0.9%	0.91%	1.86%	201	563
$84.00	Sep 30	$0.74	0.37	0.9%	0.89%	1.84%	678	52.3K
$83.50	Sep 25	$0.86	0.43	0.3%	1.03%	1.38%	121	6.1K
$84.50	Oct 2	$0.59	0.30	1.6%	0.71%	2.26%	24	526
$84.00	Sep 25	$0.66	0.36	0.9%	0.79%	1.74%	175	2.7K
$85.00	Oct 2	$0.46	0.25	2.1%	0.55%	2.70%	41	689
$85.00	Sep 30	$0.44	0.25	2.1%	0.53%	2.68%	311	20.1K
$84.50	Sep 25	$0.50	0.29	1.6%	0.60%	2.15%	14	984
$83.50	Sep 18	$0.72	0.41	0.3%	0.87%	1.21%	4.4K	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 147,239

Total Puts 165,225

Put/Call Ratio 1.12

Net Difference -17,986

Prior's Put/Call Breakdown

Total Calls 171,081

Total Puts 99,578

Put/Call Ratio 0.58

Net Difference 71,503

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

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