TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$83.23 -0.09%

(8/27 11:00) ◀

Thursday, August 27, 2026 (12:00pm)

▶ (8/27 13:01)

◀ 8/27 12:00 ▶

Option Volume

Detail

ℹ

Current (08/27 12:00pm) 114,353

Calls: 71,792 (63%)

Puts: 42,561 (37%)

Prior (08/26) 228,649

Calls: 95,949 (42%)

Puts: 132,700 (58%)

Current vs Prior -49.99%

Calls: -25.18% (Calls)

Puts: -67.93% (Puts)

Prior 7-Day Total 3,297,863

Calls: 1,870,546 (57%)

Puts: 1,427,317 (43%)

Prior 7-Day Average 471,123

Calls: 267,220 (57%)

Puts: 203,902 (43%)

Current vs Prior 7-Day Avg -75.73%

Calls: -73.13%

Puts: -79.13%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/27 12:00pm) $5.14M

Calls: $3.56M (69%)

Puts: $1.58M (31%)

Prior (08/26) $9.19M

Calls: $5.31M (58%)

Puts: $3.88M (42%)

Current vs Prior -44.03%

Calls: -32.92%

Puts: -59.22%

Prior 7-Day Total $174.87M

Calls: $96.27M (55%)

Puts: $78.59M (45%)

Prior 7-Day Average $24.98M

Calls: $13.75M (55%)

Puts: $11.23M (45%)

Current vs Prior 7-Day Avg -79.41%

Calls: -74.11%

Puts: -85.91%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/27 12:00pm) 0.59

Prior (08/26) 1.38

Current vs Prior -57.13%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg -26.36%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/27 12:00pm) 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 22,667,615

Calls: 13,011,339 (57%)

Puts: 9,656,276 (43%)

Prior 7-Day Average 3,238,230

Calls: 1,858,762 (57%)

Puts: 1,379,468 (43%)

Current vs Prior 7-Day Avg -12.89%

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 0.96% | 1.14%0.96% | 1.71%2.40% | 3.89%

Prior 1.10% | 1.27%1.10% | 1.81%2.51% | 3.99%

Current vs Prior -12.97% | -10.30%-12.97% | -5.88%-4.22% | -2.33%

Prior 7-Day Avg 0.91% | 1.18%1.07% | 1.74%1.54% | 3.52%

Current vs 7-Day Avg +5.36% | -3.16%-9.97% | -2.15%+56.13% | +10.46%

Prior 7-Day Eod 1.10% | 1.27%1.09% | 1.82%2.53% | 3.97%

Current vs 7-Day Eod -12.97% | -10.30%-12.01% | -6.50%-5.13% | -2.03%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 2.50% | 3.17%

Calls: 2.50% | 2.08%

Puts: 2.50% | 4.26%

Prior 2.24% | 1.93%

Calls: 1.85% | 1.64%

Puts: 2.63% | 2.22%

Current vs Prior +11.61% | +64.25%

Prior 7-Day Avg 6.82% | 3.40%

Calls: 7.18% | 2.96%

Puts: 6.45% | 3.85%

Current vs 7-Day Avg -63.33% | -6.80%

Liquidity Good

Add Card

🤖 AI Insights

Moderately bullish flow with 69% call dollar volume ($3.56M). Below-average activity with volume down 50% vs prior. Bullish P/C ratio of 0.59. P/C ratio dropping 57% - sentiment shifting bullish.

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 BULLISH

Current BULLISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BEARISH

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	BULLISH	BULLISH
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

🎯

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 338 of results (avg 3.3%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 30	1.77	1.78	$1.78	0.6%	94	0.69	7.7K
$82.00	Sep 25	1.68	1.69	$1.69	0.6%	10	0.70	1.5K
$82.00	Sep 18	1.53	1.54	$1.54	0.6%	194	0.73	86.0K
$82.50	Sep 25	1.35	1.36	$1.36	0.7%	46	0.61	6.5K
$82.50	Sep 18	1.19	1.20	$1.19	0.8%	42	0.62	3.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Sep 11	0.97	0.98	$0.98	1.0%	5	0.61	566
$84.50	Sep 25	1.84	1.86	$1.85	1.1%	--	0.71	337
$83.00	Sep 25	0.91	0.92	$0.92	1.1%	46	0.51	301
$99.00	Sep 30	15.95	16.15	$16.05	1.2%	--	0.99	172
$83.50	Sep 2	0.76	0.77	$0.77	1.3%	9	0.66	185

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 162 found (avg $0.34, cheapest $0.15)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 28	0.14	0.15	$0.15	6.7%	4.2K	0.34	16.0K
$84.00	Aug 31	0.09	0.10	$0.10	10.0%	1.2K	0.19	3.6K
$84.50	Sep 2	0.05	0.06	$0.06	16.7%	493	0.10	221
$83.50	Aug 31	0.22	0.23	$0.23	4.3%	2.0K	0.38	10.4K
$83.00	Aug 28	0.39	0.40	$0.40	2.5%	656	0.65	32.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 28	0.14	0.15	$0.15	6.7%	2.2K	0.35	9.3K
$82.50	Aug 31	0.08	0.09	$0.09	11.1%	1.6K	0.19	3.8K
$83.00	Aug 31	0.21	0.22	$0.22	4.5%	912	0.39	936
$83.50	Aug 28	0.39	0.40	$0.40	2.5%	246	0.66	5.3K
$82.00	Sep 2	0.11	0.12	$0.12	8.3%	2.9K	0.18	2.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 244 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$73.00	Aug 31	10.20	10.35	$10.27	1.5%	8	1.00	1
$74.00	Aug 31	9.20	9.35	$9.27	1.6%	8	1.00	2
$78.00	Aug 31	5.20	5.35	$5.28	2.8%	--	1.00	11
$79.00	Aug 31	4.20	4.35	$4.28	3.5%	--	1.00	22
$80.00	Aug 31	3.20	3.35	$3.28	4.6%	2	1.00	30

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Aug 28	1.72	1.83	$1.78	6.2%	39	1.00	16
$87.00	Aug 28	3.70	3.80	$3.75	2.7%	84	1.00	--
$90.00	Aug 28	6.70	6.85	$6.78	2.2%	100	1.00	--
$90.50	Aug 28	7.20	7.35	$7.28	2.1%	100	1.00	--
$97.00	Sep 18	13.95	14.15	$14.05	1.4%	--	0.99	298

Most actively traded options today. High liquidity = easy entry/exit. 317 active (total vol 114.3K, top 13.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.50	Sep 18	0.35	0.36	$0.36	2.8%	13.0K	0.26	2.5K
$83.50	Sep 11	0.50	0.51	$0.51	2.0%	8.0K	0.40	4.2K
$85.50	Sep 18	0.17	0.18	$0.18	5.6%	5.1K	0.14	5.3K
$84.00	Sep 4	0.19	0.20	$0.20	5.0%	4.4K	0.24	43.2K
$83.00	Aug 31	0.47	0.48	$0.48	2.1%	4.3K	0.61	19.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.42	0.44	$0.43	4.7%	5.2K	0.32	131.0K
$82.50	Sep 18	0.59	0.61	$0.60	3.3%	5.0K	0.41	1.1K
$83.00	Sep 4	0.54	0.55	$0.55	1.8%	3.8K	0.51	6.0K
$82.00	Sep 2	0.11	0.12	$0.12	8.3%	2.9K	0.18	2.4K
$81.50	Sep 2	0.04	0.05	$0.05	20.0%	2.5K	0.09	654

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 25.1%, max 40.7%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 28	Oct 2	13.1%	9.6%	36.1%	725	34.3K
$83.50	Aug 28	Oct 9	13.5%	12.0%	11.8%	4.2K	16.0K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 28	Oct 9	13.1%	9.3%	40.7%	2.2K	9.3K
$83.50	Aug 28	Oct 9	13.5%	12.0%	11.8%	315	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 3.35, avg 2.03)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$83.00	Sep 11	$0.28	$0.22	$0.28	66%	0.79	$82.78
$84.00	$84.50	Sep 18	$0.13	$0.37	$0.13	33%	2.85	$84.13
$84.00	$84.50	Sep 11	$0.11	$0.39	$0.11	30%	3.55	$84.11
$82.50	$83.00	Sep 18	$0.28	$0.22	$0.28	62%	0.79	$82.78
$86.00	$87.00	Sep 30	$0.10	$0.90	$0.10	16%	9.00	$86.10

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Sep 30	$0.23	$0.77	$0.23	35%	3.35	$81.77
$83.00	$82.00	Oct 9	$0.44	$0.56	$0.44	54%	1.27	$82.56
$83.00	$82.50	Oct 2	$0.23	$0.27	$0.23	53%	1.17	$82.77
$82.00	$81.50	Oct 9	$0.16	$0.34	$0.16	39%	2.12	$81.84
$82.50	$82.00	Sep 25	$0.17	$0.33	$0.17	42%	1.94	$82.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 53 found (best R:R 0.28, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.50	$84.00	Sep 2	$0.13	$0.13	$0.37	65%	0.35	$83.63
$83.50	$84.00	Sep 4	$0.15	$0.15	$0.35	63%	0.43	$83.65
$84.00	$85.00	Sep 30	$0.29	$0.29	$0.71	64%	0.41	$84.29
$83.50	$84.00	Aug 31	$0.13	$0.13	$0.37	62%	0.35	$83.63
$83.50	$84.00	Sep 18	$0.19	$0.19	$0.31	58%	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	$0.11	$0.11	$0.39	65%	0.28	$82.89
$83.00	$82.50	Sep 2	$0.21	$0.21	$0.29	50%	0.72	$82.79
$83.00	$82.50	Aug 31	$0.13	$0.13	$0.37	61%	0.35	$82.87
$82.50	$82.00	Sep 2	$0.12	$0.12	$0.38	68%	0.32	$82.38
$83.00	$82.50	Sep 4	$0.22	$0.22	$0.28	49%	0.79	$82.78

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.08, cheapest $0.07)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.08	13.1%	8.9%
$83.50	Aug 28	Aug 31	$0.08	13.5%	9.7%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.07	13.1%	8.9%
$83.50	Aug 28	Aug 31	$0.07	13.5%	9.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 198 found (cheapest 0.66% of stock, avg 4.27%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 28	$0.40	$0.15	$0.55	$82.45	$83.55	0.66%
$83.50	Aug 28	$0.15	$0.40	$0.55	$82.95	$84.05	0.66%
$83.00	Aug 31	$0.48	$0.22	$0.70	$82.30	$83.70	0.84%
$83.50	Aug 31	$0.23	$0.47	$0.70	$82.80	$84.20	0.84%
$82.50	Aug 28	$0.80	$0.04	$0.84	$81.66	$83.34	1.01%
$84.00	Aug 28	$0.05	$0.79	$0.84	$83.16	$84.84	1.01%
$84.00	Aug 31	$0.10	$0.83	$0.93	$83.07	$84.93	1.12%
$82.50	Aug 31	$0.85	$0.09	$0.94	$81.56	$83.44	1.13%
$83.00	Sep 2	$0.50	$0.45	$0.95	$82.05	$83.95	1.14%
$83.50	Sep 2	$0.26	$0.77	$1.03	$82.47	$84.53	1.24%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 220 found (cheapest 0.08% of stock, avg 0.84%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$84.50	$82.00	Aug 31	$0.04	$0.03	$0.07	$81.93	$84.57
$85.50	$80.50	Sep 4	$0.04	$0.04	$0.08	$80.42	$85.58
$84.00	$82.50	Aug 28	$0.05	$0.04	$0.09	$82.41	$84.09
$85.50	$81.00	Sep 4	$0.04	$0.06	$0.10	$80.90	$85.60
$84.50	$81.50	Sep 2	$0.06	$0.05	$0.11	$81.39	$84.61
$85.00	$80.50	Sep 4	$0.07	$0.04	$0.11	$80.39	$85.11
$85.50	$80.50	Sep 9	$0.07	$0.06	$0.13	$80.37	$85.63
$85.00	$81.00	Sep 4	$0.07	$0.06	$0.13	$80.87	$85.13
$84.50	$82.50	Aug 31	$0.04	$0.09	$0.13	$82.37	$84.63
$84.00	$82.00	Aug 31	$0.10	$0.03	$0.13	$81.87	$84.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 15 found (best R:R 1.08, 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	$0.26	$0.24	39%	1.08	$81.24	$84.76
80/81	85/86	Oct 9	$0.22	$0.28	47%	0.79	$80.78	$85.22
82/82	84/85	Sep 25	$0.26	$0.24	37%	1.08	$81.74	$84.76
81/82	85/86	Oct 9	$0.24	$0.26	41%	0.92	$81.26	$85.24
81/82	84/85	Sep 25	$0.22	$0.28	45%	0.79	$81.28	$84.72
82/82	84/85	Sep 18	$0.23	$0.27	42%	0.85	$81.77	$84.73
82/82	84/84	Sep 9	$0.20	$0.30	47%	0.67	$81.80	$84.20
82/82	84/84	Sep 18	$0.25	$0.25	35%	1.00	$81.75	$84.25
82/82	84/84	Sep 11	$0.21	$0.29	42%	0.72	$81.79	$84.21
82/82	84/84	Sep 2	$0.25	$0.25	33%	1.00	$82.25	$83.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 82 found (best R:R 6.69, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$82.00	$83.00	Sep 30	$0.13	$0.87	33%	6.69
$82.00	$82.50	$83.00	Sep 2	$0.08	$0.42	46%	5.25
$80.00	$81.00	$82.00	Sep 30	$0.10	$0.90	26%	9.00
$81.50	$82.50	$83.50	Oct 9	$0.15	$0.85	32%	5.67
$82.00	$82.50	$83.00	Sep 4	$0.07	$0.43	36%	6.14

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Sep 30	$0.08	$0.92	21%	11.50
$82.50	$83.00	$83.50	Aug 28	$0.14	$0.36	54%	2.57
$83.00	$83.50	$84.00	Aug 28	$0.14	$0.36	52%	2.57
$83.00	$83.50	$84.00	Sep 2	$0.06	$0.44	31%	7.33
$82.00	$82.50	$83.00	Aug 31	$0.07	$0.43	32%	6.14

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 $-1.11, 136 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$74.00	$78.00	1:2	Aug 31	-$1.29	$2.71
$75.00	$78.00	1:2	Sep 2	-$2.29	$0.71
$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	-$0.33	$0.17

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.11	$3.39
$90.00	$87.00	1:2	Aug 28	-$0.72	$2.28
$84.00	$83.50	1:2	Aug 31	-$0.11	$0.39
$83.00	$82.00	1:2	Sep 30	-$0.17	$0.83
$84.00	$83.00	1:2	Sep 30	-$0.39	$0.61

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 65 found (best yield 1.21%, avg 0.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.50	Oct 9	$1.01	0.43	0.3%	1.21%	1.54%	29	--
$84.00	Oct 9	$0.81	0.37	0.9%	0.97%	1.90%	1	--
$83.50	Oct 2	$0.92	0.42	0.3%	1.11%	1.43%	12	897
$84.00	Oct 2	$0.72	0.36	0.9%	0.87%	1.79%	1	1.1K
$84.00	Sep 30	$0.70	0.36	0.9%	0.84%	1.77%	117	52.7K
$85.00	Oct 9	$0.51	0.26	2.1%	0.61%	2.74%	10	--
$83.50	Sep 25	$0.82	0.43	0.3%	0.99%	1.31%	18	5.7K
$84.50	Oct 2	$0.56	0.30	1.5%	0.67%	2.20%	1	546
$84.00	Sep 25	$0.62	0.35	0.9%	0.74%	1.67%	35	3.1K
$85.50	Oct 9	$0.40	0.21	2.7%	0.48%	3.21%	11	--

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 71,792

Total Puts 42,561

Put/Call Ratio 0.59

Net Difference 29,231

Prior's Put/Call Breakdown

Total Calls 95,949

Total Puts 132,700

Put/Call Ratio 1.38

Net Difference -36,751

Prior 7-Day Put/Call Summary

Total Calls 1,870,546

Total Puts 1,427,317

Average Put/Call Ratio 0.81

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

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

Add Card