TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$83.19 -0.13%

(8/26 19:08) ◀

Thursday, August 27, 2026 (10:00am)

▶

◀ 8/27 10:00

Option Volume

Detail

ℹ

Current (08/27 10:00am) 35,566

Calls: 22,083 (62%)

Puts: 13,483 (38%)

Prior (08/26) 57,375

Calls: 37,680 (66%)

Puts: 19,695 (34%)

Current vs Prior -38.01%

Calls: -41.39% (Calls)

Puts: -31.54% (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 -92.62%

Calls: -91.89%

Puts: -93.56%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/27 10:00am) $941.4K

Calls: $754.4K (80%)

Puts: $187.0K (20%)

Prior (08/26) $2.78M

Calls: $1.56M (56%)

Puts: $1.22M (44%)

Current vs Prior -66.16%

Calls: -51.78%

Puts: -84.64%

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 -96.62%

Calls: -94.54%

Puts: -98.67%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/27 10:00am) 0.61

Prior (08/26) 0.52

Current vs Prior +16.81%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg -24.17%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/27 10:00am) 2,820,718

Calls: 1,676,577 (59%)

Puts: 1,144,141 (41%)

Prior (08/26) 2,857,507

Calls: 1,694,914 (59%)

Puts: 1,162,593 (41%)

Current vs Prior -1.29%

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 -14.86%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (08/28) | Next (08/31)Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)

Current 0.99% | 1.18%0.99% | 1.74%2.48% | 3.95%

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

Current vs Prior +9.70% | -6.35%-21.64% | -8.50%-3.86% | -1.16%

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

Current vs 7-Day Avg +8.66% | -1.28%-10.90% | -0.87%+95.21% | +14.94%

Prior 7-Day Eod 0.90% | 1.26%1.09% | 1.82%2.53% | 3.97%

Current vs 7-Day Eod +9.70% | -6.35%-9.77% | -4.48%-2.24% | -0.47%

Sentiment BEARISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 2.45% | 2.04%

Calls: 2.63% | 2.13%

Puts: 2.27% | 1.96%

Prior 5.46% | 3.27%

Calls: 7.69% | 1.54%

Puts: 3.23% | 5.00%

Current vs Prior -55.13% | -37.61%

Prior 7-Day Avg 6.98% | 3.39%

Calls: 7.45% | 2.93%

Puts: 6.50% | 3.85%

Current vs 7-Day Avg -64.89% | -39.87%

Liquidity Good

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🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($754.4K) vs puts ($187.0K). Light premium activity with dollar volume down 66% vs prior. Bullish P/C ratio of 0.61.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BEARISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

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
16:00	BULLISH	NEUTRAL	MIXED
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 325 of results (avg 3.0%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	1.52	1.53	$1.53	0.7%	5	0.72	86.0K
$82.50	Sep 25	1.35	1.36	$1.36	0.7%	--	0.59	6.5K
$82.50	Sep 18	1.19	1.20	$1.19	0.8%	--	0.61	3.5K
$81.50	Oct 9	2.19	2.21	$2.20	0.9%	10	0.73	--
$83.00	Sep 25	1.06	1.07	$1.07	0.9%	13	0.50	2.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Sep 25	1.22	1.23	$1.23	0.8%	--	0.58	801
$99.00	Sep 30	16.00	16.15	$16.08	0.9%	--	0.99	172
$83.00	Sep 30	1.01	1.02	$1.02	1.0%	24	0.52	12.6K
$98.00	Sep 18	15.00	15.15	$15.08	1.0%	--	0.99	16
$83.00	Sep 25	0.95	0.96	$0.96	1.0%	3	0.52	301

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 160 found (avg $0.34, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 28	0.14	0.15	$0.15	6.7%	877	0.33	16.0K
$84.00	Aug 31	0.09	0.10	$0.10	10.0%	155	0.19	3.6K
$84.50	Sep 2	0.05	0.06	$0.06	16.7%	56	0.10	221
$83.00	Aug 28	0.37	0.38	$0.38	2.6%	168	0.62	32.4K
$83.50	Aug 31	0.22	0.23	$0.23	4.3%	1.1K	0.37	10.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 28	0.05	0.06	$0.06	16.7%	557	0.15	5.9K
$83.00	Aug 28	0.16	0.17	$0.17	5.9%	551	0.38	9.3K
$82.50	Aug 31	0.09	0.10	$0.10	10.0%	1.3K	0.20	3.8K
$81.50	Sep 2	0.05	0.06	$0.06	16.7%	2.5K	0.10	654
$83.00	Aug 31	0.24	0.25	$0.25	4.0%	781	0.41	936

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 230 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Aug 31	5.15	5.30	$5.23	2.9%	--	1.00	11
$79.00	Aug 31	4.15	4.30	$4.22	3.6%	--	1.00	22
$80.00	Aug 31	3.15	3.30	$3.22	4.7%	--	1.00	30
$81.00	Aug 31	2.20	2.28	$2.24	3.6%	4	1.00	473
$70.00	Sep 2	13.15	13.30	$13.23	1.1%	--	1.00	16

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Aug 28	1.77	1.84	$1.81	3.9%	36	1.00	16
$97.00	Sep 18	14.00	14.15	$14.08	1.1%	--	0.99	298
$98.00	Sep 18	15.00	15.15	$15.08	1.0%	--	0.99	16
$99.00	Sep 30	16.00	16.15	$16.08	0.9%	--	0.99	172
$91.00	Sep 2	8.00	8.15	$8.07	1.9%	--	0.99	48

Most actively traded options today. High liquidity = easy entry/exit. 214 active (total vol 35.5K, top 7.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.50	Sep 18	0.35	0.36	$0.36	2.8%	7.1K	0.26	2.5K
$83.00	Aug 31	0.46	0.47	$0.47	2.1%	4.2K	0.59	19.8K
$85.00	Sep 18	0.25	0.26	$0.26	3.8%	2.2K	0.20	103.3K
$83.50	Aug 31	0.22	0.23	$0.23	4.3%	1.1K	0.37	10.4K
$86.50	Sep 9	0.03	0.04	$0.04	25.0%	1.1K	0.04	185

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 2	0.05	0.06	$0.06	16.7%	2.5K	0.10	654
$82.00	Sep 2	0.12	0.13	$0.13	7.7%	2.5K	0.20	2.4K
$82.50	Aug 31	0.09	0.10	$0.10	10.0%	1.3K	0.20	3.8K
$80.00	Sep 11	0.06	0.07	$0.07	14.3%	803	0.07	1.9K
$83.00	Aug 31	0.24	0.25	$0.25	4.0%	781	0.41	936

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 28.8%, max 41.4%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 28	Oct 2	14.1%	10.0%	41.4%	126	67.3K
$83.00	Aug 28	Oct 2	13.0%	9.8%	32.0%	168	34.3K
$83.50	Aug 28	Oct 9	13.8%	12.2%	13.0%	906	16.0K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 28	Oct 2	14.1%	10.0%	41.4%	557	6.4K
$83.00	Aug 28	Oct 2	13.0%	9.8%	32.0%	554	9.5K
$83.50	Aug 28	Oct 9	13.8%	12.2%	13.0%	81	5.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 86 found (best R:R 1.27, avg 1.90)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$83.50	Oct 9	$1.18	$0.82	$1.18	73%	0.69	$82.68
$82.50	$83.00	Sep 18	$0.27	$0.23	$0.27	61%	0.85	$82.77
$82.00	$82.50	Sep 25	$0.32	$0.18	$0.32	69%	0.56	$82.32
$83.00	$83.50	Aug 28	$0.23	$0.27	$0.23	62%	1.17	$83.23
$82.50	$83.00	Sep 9	$0.30	$0.20	$0.30	67%	0.67	$82.80

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$85.50	$85.00	Oct 2	$0.22	$0.28	$0.22	80%	1.27	$85.28
$83.50	$82.00	Oct 9	$0.71	$0.79	$0.71	59%	1.11	$82.79
$83.00	$82.00	Sep 30	$0.40	$0.60	$0.40	52%	1.50	$82.60
$84.00	$83.00	Sep 30	$0.57	$0.43	$0.57	64%	0.75	$83.43
$82.00	$81.00	Oct 9	$0.30	$0.70	$0.30	40%	2.33	$81.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 51 found (best R:R 0.85, avg 0.46)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.50	$84.00	Oct 2	$0.21	$0.21	$0.29	58%	0.72	$83.71
$83.50	$84.00	Sep 2	$0.13	$0.13	$0.37	66%	0.35	$83.63
$83.50	$84.00	Aug 31	$0.13	$0.13	$0.37	63%	0.35	$83.63
$83.50	$84.00	Sep 25	$0.20	$0.20	$0.30	58%	0.67	$83.70
$84.00	$85.00	Sep 30	$0.29	$0.29	$0.71	64%	0.41	$84.29

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	49%	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	66%	0.35	$82.37
$83.00	$82.50	Aug 28	$0.11	$0.11	$0.39	62%	0.28	$82.89
$83.00	$82.50	Sep 4	$0.23	$0.23	$0.27	48%	0.85	$82.77

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.08, cheapest $0.08)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.09	13.0%	9.2%
$83.50	Aug 28	Aug 31	$0.08	13.8%	10.1%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.08	13.0%	9.2%
$83.50	Aug 28	Aug 31	$0.07	13.8%	10.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 190 found (cheapest 0.66% of stock, avg 4.24%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 28	$0.38	$0.17	$0.55	$82.45	$83.55	0.66%
$83.50	Aug 28	$0.15	$0.44	$0.59	$82.91	$84.09	0.71%
$83.00	Aug 31	$0.47	$0.25	$0.72	$82.28	$83.72	0.87%
$83.50	Aug 31	$0.23	$0.51	$0.74	$82.76	$84.24	0.89%
$82.50	Aug 28	$0.78	$0.06	$0.84	$81.66	$83.34	1.01%
$84.00	Aug 28	$0.05	$0.83	$0.88	$83.12	$84.88	1.06%
$82.50	Aug 31	$0.83	$0.10	$0.93	$81.57	$83.43	1.12%
$84.00	Aug 31	$0.10	$0.88	$0.98	$83.02	$84.98	1.18%
$83.00	Sep 2	$0.49	$0.49	$0.98	$82.02	$83.98	1.18%
$83.50	Sep 2	$0.26	$0.80	$1.06	$82.44	$84.56	1.27%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 222 found (cheapest 0.10% of stock, avg 0.92%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$84.50	$82.00	Aug 31	$0.04	$0.04	$0.08	$81.92	$84.58
$85.50	$80.50	Sep 4	$0.05	$0.04	$0.09	$80.41	$85.59
$84.00	$82.50	Aug 28	$0.05	$0.06	$0.11	$82.39	$84.11
$85.00	$80.50	Sep 4	$0.07	$0.04	$0.11	$80.39	$85.11
$84.50	$81.50	Sep 2	$0.06	$0.06	$0.12	$81.38	$84.62
$85.50	$81.00	Sep 4	$0.05	$0.07	$0.12	$80.88	$85.62
$85.00	$81.00	Sep 4	$0.07	$0.07	$0.14	$80.86	$85.14
$85.50	$80.50	Sep 9	$0.08	$0.07	$0.15	$80.35	$85.65
$84.00	$82.00	Aug 31	$0.10	$0.04	$0.14	$81.86	$84.14
$84.50	$82.50	Aug 31	$0.04	$0.10	$0.14	$82.36	$84.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 0.85, avg credit $0.26)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/85	Oct 2	$0.23	$0.27	44%	0.85	$80.77	$84.73
81/82	84/85	Oct 2	$0.26	$0.24	38%	1.08	$81.24	$84.76
81/82	84/84	Sep 18	$0.24	$0.26	42%	0.92	$81.26	$84.24
81/82	84/85	Sep 25	$0.23	$0.27	44%	0.85	$81.27	$84.73
82/82	84/84	Sep 11	$0.24	$0.26	41%	0.92	$81.76	$84.24
82/82	84/85	Sep 25	$0.26	$0.24	37%	1.08	$81.74	$84.76
82/82	84/84	Sep 18	$0.27	$0.23	34%	1.17	$81.73	$84.27
82/82	84/84	Sep 9	$0.20	$0.30	46%	0.67	$81.80	$84.20
82/82	84/84	Sep 2	$0.26	$0.24	32%	1.08	$82.24	$83.76
80/81	85/86	Sep 30	$0.33	$0.67	52%	0.49	$80.67	$85.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 84 found (best R:R 5.25, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Sep 2	$0.08	$0.42	48%	5.25
$80.00	$81.00	$82.00	Sep 30	$0.09	$0.91	26%	10.11
$81.00	$82.00	$83.00	Sep 30	$0.15	$0.85	33%	5.67
$82.00	$82.50	$83.00	Sep 4	$0.07	$0.43	36%	6.14
$83.00	$83.50	$84.00	Aug 28	$0.13	$0.37	50%	2.85

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$83.00	$83.50	$84.00	Aug 28	$0.12	$0.38	50%	3.17
$81.00	$82.00	$83.00	Sep 30	$0.14	$0.86	29%	6.14
$82.00	$82.50	$83.00	Aug 28	$0.07	$0.43	33%	6.14
$82.50	$83.00	$83.50	Aug 31	$0.11	$0.39	43%	3.55
$80.00	$81.00	$82.00	Oct 9	$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. 142 found (best net $-1.13, 137 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 2	-$2.23	$0.77
$82.50	$83.00	1:2	Aug 31	-$0.11	$0.39
$82.50	$83.00	1:2	Sep 2	-$0.14	$0.36
$82.00	$82.50	1:2	Aug 28	-$0.31	$0.19
$84.00	$85.00	1:2	Sep 30	-$0.14	$0.86

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.13	$3.37
$83.50	$82.00	1:2	Oct 9	-$0.12	$1.38
$84.00	$83.50	1:2	Aug 28	-$0.05	$0.45
$84.00	$83.50	1:2	Aug 31	-$0.14	$0.36
$83.00	$82.00	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. 67 found (best yield 1.21%, avg 0.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.50	Oct 9	$1.01	0.42	0.4%	1.21%	1.59%	29	--
$84.00	Oct 9	$0.81	0.36	1.0%	0.97%	1.95%	1	--
$83.50	Oct 2	$0.92	0.42	0.4%	1.11%	1.48%	1	897
$84.00	Oct 2	$0.72	0.36	1.0%	0.87%	1.84%	--	1.1K
$84.00	Sep 30	$0.71	0.36	1.0%	0.85%	1.83%	55	52.7K
$85.00	Oct 9	$0.51	0.26	2.2%	0.61%	2.79%	5	--
$83.50	Sep 25	$0.82	0.42	0.4%	0.99%	1.36%	10	5.7K
$84.50	Oct 2	$0.56	0.30	1.6%	0.67%	2.25%	1	546
$84.00	Sep 25	$0.62	0.35	1.0%	0.75%	1.72%	--	3.1K
$85.50	Oct 9	$0.40	0.21	2.8%	0.48%	3.26%	1	--

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 22,083

Total Puts 13,483

Put/Call Ratio 0.61

Net Difference 8,600

Prior's Put/Call Breakdown

Total Calls 37,680

Total Puts 19,695

Put/Call Ratio 0.52

Net Difference 17,985

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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