TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$83.16 -0.17%

(8/27 12:00) ◀

Thursday, August 27, 2026 (1:00pm)

▶ (8/27 14:00)

◀ 8/27 13:01 ▶

Option Volume

Detail

ℹ

Current (08/27 1:00pm) 170,219

Calls: 88,432 (52%)

Puts: 81,787 (48%)

Prior (08/26) 266,442

Calls: 121,376 (46%)

Puts: 145,066 (54%)

Current vs Prior -36.11%

Calls: -27.14% (Calls)

Puts: -43.62% (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 -63.87%

Calls: -66.91%

Puts: -59.89%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/27 1:00pm) $6.28M

Calls: $4.23M (67%)

Puts: $2.05M (33%)

Prior (08/26) $10.22M

Calls: $6.01M (59%)

Puts: $4.21M (41%)

Current vs Prior -38.52%

Calls: -29.59%

Puts: -51.28%

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 -74.85%

Calls: -69.24%

Puts: -81.73%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/27 1:00pm) 0.92

Prior (08/26) 1.20

Current vs Prior -22.62%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg +14.89%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (08/27 1:00pm) 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 0.95% | 1.14%0.95% | 1.73%2.42% | 3.96%

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

Current vs Prior -13.99% | -10.23%-13.98% | -4.47%-3.67% | -0.74%

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

Current vs 7-Day Avg +4.13% | -3.07%-11.02% | -0.68%+57.04% | +12.26%

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

Current vs 7-Day Eod -13.99% | -10.23%-13.04% | -5.10%-4.58% | -0.44%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.13% | 3.09%

Calls: 5.71% | 2.27%

Puts: 4.55% | 3.92%

Prior 2.24% | 1.93%

Calls: 1.85% | 1.64%

Puts: 2.63% | 2.22%

Current vs Prior +129.02% | +60.10%

Prior 7-Day Avg 6.82% | 3.40%

Calls: 7.18% | 2.96%

Puts: 6.45% | 3.85%

Current vs 7-Day Avg -24.75% | -9.16%

Liquidity Acceptable

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🤖 AI Insights

Moderately bullish flow with 67% call dollar volume ($4.23M). P/C ratio dropping 23% - sentiment shifting bullish.

Smart Money BULLISH

Retail Flow NEUTRAL

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

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
13:00	BULLISH	NEUTRAL	BULLISH
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 322 of results (avg 3.5%, best 0.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$71.00	Sep 2	12.15	12.25	$12.20	0.8%	--	0.92	48
$71.00	Sep 11	12.15	12.25	$12.20	0.8%	--	0.95	34
$82.50	Sep 18	1.15	1.16	$1.15	0.9%	42	0.61	3.5K
$73.00	Aug 31	10.15	10.25	$10.20	1.0%	8	1.00	1
$74.00	Aug 31	9.15	9.25	$9.20	1.1%	8	1.00	2

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$98.00	Sep 18	15.05	15.20	$15.13	1.0%	--	0.96	16
$83.50	Sep 9	0.95	0.96	$0.96	1.0%	58	0.65	2
$97.00	Sep 18	14.05	14.20	$14.13	1.1%	--	0.97	298
$83.50	Sep 4	0.89	0.90	$0.90	1.1%	4	0.66	929
$92.00	Aug 28	8.80	8.90	$8.85	1.1%	8	0.94	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 154 found (avg $0.35, cheapest $0.13)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 28	0.12	0.13	$0.13	7.7%	4.5K	0.31	16.0K
$84.00	Aug 31	0.08	0.09	$0.09	11.1%	1.2K	0.18	3.6K
$83.00	Aug 28	0.34	0.36	$0.35	5.7%	936	0.61	32.4K
$84.00	Sep 2	0.10	0.12	$0.11	18.2%	477	0.18	4.8K
$83.50	Aug 31	0.20	0.21	$0.21	4.8%	2.6K	0.35	10.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 28	0.16	0.17	$0.17	5.9%	2.3K	0.39	9.3K
$82.50	Aug 31	0.09	0.10	$0.10	10.0%	2.4K	0.21	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%	1.5K	0.42	936
$83.50	Aug 28	0.43	0.45	$0.44	4.5%	266	0.70	5.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 241 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$75.00	Sep 2	8.10	8.25	$8.18	1.8%	--	1.00	99
$78.00	Sep 2	5.15	5.25	$5.20	1.9%	627	1.00	26
$79.00	Sep 2	4.10	4.25	$4.18	3.6%	--	1.00	560
$80.00	Sep 2	3.15	3.25	$3.20	3.1%	3	1.00	42
$80.50	Sep 2	2.65	2.74	$2.70	3.3%	142	1.00	279

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Aug 28	1.80	1.88	$1.84	4.3%	39	1.00	16
$87.00	Aug 28	3.75	3.90	$3.83	3.9%	116	1.00	--
$90.00	Aug 28	6.80	6.90	$6.85	1.5%	100	1.00	--
$90.50	Aug 28	7.30	7.40	$7.35	1.4%	100	1.00	--
$86.50	Aug 31	3.30	3.40	$3.35	3.0%	1	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 337 active (total vol 170.2K, top 30.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.50	Sep 18	0.33	0.34	$0.34	2.9%	13.2K	0.25	2.5K
$83.50	Sep 11	0.47	0.49	$0.48	4.2%	10.3K	0.38	4.2K
$85.50	Sep 18	0.17	0.18	$0.18	5.6%	5.1K	0.14	5.3K
$84.00	Sep 4	0.18	0.19	$0.19	5.3%	5.0K	0.23	43.2K
$83.50	Aug 28	0.12	0.13	$0.13	7.7%	4.5K	0.31	16.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 18	0.03	0.04	$0.04	25.0%	30.0K	0.03	57.8K
$82.50	Sep 18	0.62	0.64	$0.63	3.2%	5.3K	0.42	1.1K
$82.00	Sep 18	0.45	0.46	$0.46	2.2%	5.2K	0.33	131.0K
$83.00	Sep 4	0.58	0.59	$0.59	1.7%	4.1K	0.53	6.0K
$82.00	Sep 2	0.12	0.13	$0.13	7.7%	2.9K	0.20	2.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 93.4%, max 392.4%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$97.00	Sep 4	Sep 30	100.0%	20.3%	392.4%	--	2.4K
$83.50	Aug 28	Oct 9	13.8%	12.1%	14.0%	4.5K	16.0K
$83.00	Aug 28	Oct 2	13.1%	12.2%	7.3%	1.0K	34.3K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 28	Oct 9	13.1%	9.4%	39.3%	2.4K	9.3K
$83.50	Aug 28	Oct 9	13.8%	12.1%	14.0%	335	5.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 89 found (best R:R 3.17, avg 1.97)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$84.00	$84.50	Sep 11	$0.10	$0.40	$0.10	28%	4.00	$84.10
$82.50	$83.00	Sep 18	$0.27	$0.23	$0.27	61%	0.85	$82.77
$85.00	$86.00	Sep 30	$0.16	$0.84	$0.16	24%	5.25	$85.16
$82.50	$83.00	Sep 9	$0.29	$0.21	$0.29	66%	0.72	$82.79
$82.00	$82.50	Sep 25	$0.32	$0.18	$0.32	69%	0.56	$82.32

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Oct 9	$0.12	$0.38	$0.12	33%	3.17	$81.38
$83.00	$82.50	Oct 9	$0.23	$0.27	$0.23	54%	1.17	$82.77
$83.00	$82.00	Sep 30	$0.40	$0.60	$0.40	51%	1.50	$82.60
$83.00	$82.50	Oct 2	$0.23	$0.27	$0.23	53%	1.17	$82.77
$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. 56 found (best R:R 0.43, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$94.00	$95.00	Aug 28	$0.10	$0.10	$0.90	96%	0.11	$94.10
$84.50	$85.00	Sep 25	$0.14	$0.14	$0.36	72%	0.39	$84.64
$83.50	$84.00	Sep 2	$0.13	$0.13	$0.37	68%	0.35	$83.63
$84.00	$85.00	Sep 30	$0.29	$0.29	$0.71	64%	0.41	$84.29
$83.50	$84.00	Sep 25	$0.20	$0.20	$0.30	58%	0.67	$83.70

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$74.00	$73.00	Sep 4	$0.30	$0.30	$0.70	92%	0.43	$73.70
$74.00	$73.00	Aug 28	$0.21	$0.21	$0.79	94%	0.27	$73.79
$81.00	$80.50	Oct 9	$0.18	$0.18	$0.32	72%	0.56	$80.82
$83.00	$82.50	Aug 28	$0.12	$0.12	$0.38	61%	0.32	$82.88
$83.00	$82.50	Sep 2	$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	13.1%	9.0%
$83.50	Aug 28	Aug 31	$0.08	13.8%	9.9%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.08	13.1%	9.0%
$83.50	Aug 28	Aug 31	$0.07	13.8%	9.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 200 found (cheapest 0.63% of stock, avg 4.28%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 28	$0.35	$0.17	$0.52	$82.48	$83.52	0.63%
$83.50	Aug 28	$0.13	$0.44	$0.57	$82.93	$84.07	0.69%
$83.00	Aug 31	$0.44	$0.25	$0.69	$82.31	$83.69	0.83%
$83.50	Aug 31	$0.21	$0.51	$0.72	$82.78	$84.22	0.87%
$82.50	Aug 28	$0.74	$0.05	$0.79	$81.71	$83.29	0.95%
$82.50	Aug 31	$0.79	$0.10	$0.89	$81.61	$83.39	1.07%
$84.00	Aug 28	$0.04	$0.86	$0.90	$83.10	$84.90	1.08%
$83.00	Sep 2	$0.46	$0.49	$0.95	$82.05	$83.95	1.14%
$84.00	Aug 31	$0.09	$0.90	$0.99	$83.01	$84.99	1.19%
$83.50	Sep 2	$0.24	$0.82	$1.06	$82.44	$84.56	1.27%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 228 found (cheapest 0.10% of stock, avg 0.98%)

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
$84.00	$82.50	Aug 28	$0.04	$0.05	$0.09	$82.41	$84.09
$84.50	$81.50	Sep 2	$0.06	$0.06	$0.12	$81.38	$84.62
$84.00	$82.00	Aug 31	$0.09	$0.04	$0.13	$81.87	$84.13
$84.50	$82.50	Aug 31	$0.04	$0.10	$0.14	$82.36	$84.64
$85.00	$80.50	Sep 9	$0.10	$0.06	$0.16	$80.34	$85.16
$91.00	$82.50	Aug 28	$0.11	$0.05	$0.16	$82.34	$91.16
$92.00	$82.50	Aug 28	$0.11	$0.05	$0.16	$82.34	$92.16
$84.50	$81.00	Sep 4	$0.11	$0.06	$0.17	$80.83	$84.67
$84.00	$81.50	Sep 2	$0.11	$0.06	$0.17	$81.33	$84.17

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 19 found (best R:R 0.45, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
73/74	94/95	Aug 28	$0.31	$0.69	90%	0.45	$73.69	$94.31
80/81	85/86	Oct 9	$0.29	$0.21	46%	1.38	$80.71	$85.29
80/81	84/85	Oct 9	$0.31	$0.19	41%	1.63	$80.69	$84.81
73/74	84/84	Sep 4	$0.43	$0.57	58%	0.75	$73.57	$83.93
81/82	84/85	Sep 25	$0.25	$0.25	45%	1.00	$81.25	$84.75
82/82	84/85	Sep 25	$0.28	$0.22	37%	1.27	$81.72	$84.78
81/82	84/84	Oct 2	$0.29	$0.21	33%	1.38	$81.21	$84.29
81/82	84/84	Sep 25	$0.26	$0.24	38%	1.08	$81.24	$84.26
82/82	84/84	Sep 25	$0.29	$0.21	31%	1.38	$81.71	$84.29
81/82	84/85	Oct 2	$0.25	$0.25	39%	1.00	$81.25	$84.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 105 found (best R:R 10.11, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$82.00	$83.00	Sep 30	$0.09	$0.91	32%	10.11
$82.00	$82.50	$83.00	Sep 2	$0.07	$0.43	49%	6.14
$82.00	$83.00	$84.00	Sep 30	$0.13	$0.87	31%	6.69
$82.00	$82.50	$83.00	Aug 28	$0.06	$0.44	34%	7.33
$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
$82.50	$83.00	$83.50	Aug 28	$0.15	$0.35	56%	2.33
$82.50	$83.00	$83.50	Aug 31	$0.11	$0.39	44%	3.55
$83.00	$83.50	$84.00	Sep 2	$0.06	$0.44	30%	7.33
$81.00	$82.00	$83.00	Sep 30	$0.14	$0.86	29%	6.14
$83.00	$83.50	$84.00	Aug 28	$0.15	$0.35	52%	2.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 164 found (best net $-1.13, 154 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	-$2.22	$0.78
$82.50	$83.00	1:2	Aug 31	-$0.09	$0.41
$83.00	$84.00	1:2	Sep 30	-$0.21	$0.79
$82.50	$83.00	1:2	Sep 2	-$0.11	$0.39

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.13	$3.37
$90.00	$87.00	1:2	Aug 28	-$0.81	$2.19
$84.00	$83.50	1:2	Aug 31	-$0.12	$0.38
$83.00	$82.00	1:2	Sep 30	-$0.21	$0.79
$82.00	$81.00	1:2	Sep 30	-$0.09	$0.91

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 64 found (best yield 1.17%, avg 0.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.50	Oct 9	$0.97	0.42	0.4%	1.17%	1.58%	29	--
$84.00	Oct 9	$0.77	0.36	1.0%	0.93%	1.94%	1	--
$83.50	Oct 2	$0.89	0.41	0.4%	1.07%	1.48%	13	897
$84.50	Oct 9	$0.61	0.30	1.6%	0.73%	2.34%	3	--
$84.00	Sep 30	$0.68	0.36	1.0%	0.82%	1.83%	122	52.7K
$84.00	Oct 2	$0.69	0.35	1.0%	0.83%	1.84%	1	1.1K
$85.00	Oct 9	$0.49	0.26	2.2%	0.59%	2.80%	47	--
$83.50	Sep 25	$0.78	0.42	0.4%	0.94%	1.35%	31	5.7K
$84.50	Oct 2	$0.53	0.29	1.6%	0.64%	2.25%	1	546
$85.50	Oct 9	$0.39	0.21	2.8%	0.47%	3.28%	11	--

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 88,432

Total Puts 81,787

Put/Call Ratio 0.92

Net Difference 6,645

Prior's Put/Call Breakdown

Total Calls 121,376

Total Puts 145,066

Put/Call Ratio 1.20

Net Difference -23,690

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
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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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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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