TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$83.08 -0.27%

(8/27 13:01) ◀

Thursday, August 27, 2026 (2:00pm)

▶ (8/27 15:01)

◀ 8/27 14:00 ▶

Option Volume

Detail

ℹ

Current (08/27 2:00pm) 188,802

Calls: 102,273 (54%)

Puts: 86,529 (46%)

Prior (08/26) 294,904

Calls: 136,259 (46%)

Puts: 158,645 (54%)

Current vs Prior -35.98%

Calls: -24.94% (Calls)

Puts: -45.46% (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 -59.93%

Calls: -61.73%

Puts: -57.56%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/27 2:00pm) $6.91M

Calls: $4.60M (67%)

Puts: $2.31M (33%)

Prior (08/26) $11.71M

Calls: $7.35M (63%)

Puts: $4.36M (37%)

Current vs Prior -41.02%

Calls: -37.39%

Puts: -47.14%

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 -72.35%

Calls: -66.56%

Puts: -79.45%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/27 2:00pm) 0.85

Prior (08/26) 1.16

Current vs Prior -27.33%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg +5.10%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (08/27 2:00pm) 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% | 1.75%2.46% | 3.95%

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

Current vs Prior -12.81% | -10.14%-12.81% | -3.72%-2.13% | -0.94%

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

Current vs 7-Day Avg +5.55% | -2.98%-9.81% | +0.10%+59.54% | +12.03%

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

Current vs 7-Day Eod -12.81% | -10.14%-11.85% | -4.35%-3.06% | -0.64%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.67% | 2.17%

Calls: 3.33% | 2.56%

Puts: 6.00% | 1.79%

Prior 2.24% | 1.93%

Calls: 1.85% | 1.64%

Puts: 2.63% | 2.22%

Current vs Prior +108.48% | +12.44%

Prior 7-Day Avg 6.82% | 3.40%

Calls: 7.18% | 2.96%

Puts: 6.45% | 3.85%

Current vs 7-Day Avg -31.50% | -36.20%

Liquidity Good

Add Card

🤖 AI Insights

Moderately bullish flow with 67% call dollar volume ($4.60M). P/C ratio dropping 27% - 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 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
14:00	BULLISH	BULLISH	BULLISH
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 337 of results (avg 3.5%, best 1.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Aug 28	13.05	13.20	$13.13	1.1%	24	1.00	10
$70.00	Sep 2	13.05	13.20	$13.13	1.1%	--	1.00	16
$70.00	Sep 4	13.05	13.20	$13.13	1.1%	--	1.00	64
$70.00	Sep 11	13.05	13.20	$13.13	1.1%	--	1.00	166
$83.00	Sep 18	0.84	0.85	$0.85	1.2%	2.6K	0.48	74.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$92.00	Aug 28	8.85	8.95	$8.90	1.1%	8	1.00	--
$84.00	Sep 30	1.64	1.66	$1.65	1.2%	79	0.65	11.0K
$95.00	Sep 18	12.10	12.25	$12.18	1.2%	7	0.99	2.0K
$99.00	Sep 30	16.10	16.30	$16.20	1.2%	--	0.99	172
$84.00	Sep 25	1.59	1.61	$1.60	1.3%	38	0.67	451

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 161 found (avg $0.34, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 28	0.10	0.11	$0.11	9.1%	4.9K	0.27	16.0K
$84.00	Aug 31	0.07	0.08	$0.08	12.5%	1.2K	0.16	3.6K
$83.00	Aug 28	0.29	0.30	$0.30	3.3%	1.1K	0.56	32.4K
$83.50	Aug 31	0.17	0.18	$0.18	5.6%	3.0K	0.32	10.4K
$83.50	Sep 2	0.20	0.22	$0.21	9.5%	323	0.30	3.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 28	0.05	0.06	$0.06	16.7%	2.3K	0.15	5.9K
$83.00	Aug 28	0.19	0.20	$0.20	5.0%	2.5K	0.44	9.3K
$82.50	Aug 31	0.11	0.12	$0.12	8.3%	2.4K	0.24	3.8K
$81.50	Sep 2	0.06	0.07	$0.07	14.3%	2.5K	0.12	654
$83.00	Aug 31	0.27	0.28	$0.28	3.6%	1.5K	0.46	936

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 240 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 2	13.05	13.20	$13.13	1.1%	--	1.00	16
$71.00	Sep 2	12.05	12.20	$12.13	1.2%	--	1.00	48
$75.00	Sep 2	8.05	8.20	$8.13	1.8%	--	1.00	99
$78.00	Sep 2	5.05	5.20	$5.13	2.9%	627	1.00	26
$79.00	Sep 2	4.05	4.20	$4.13	3.6%	--	1.00	560

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Aug 28	1.86	1.96	$1.91	5.2%	39	1.00	16
$87.00	Aug 28	3.85	3.95	$3.90	2.6%	142	1.00	--
$90.00	Aug 28	6.85	7.00	$6.93	2.2%	100	1.00	--
$90.50	Aug 28	7.35	7.45	$7.40	1.4%	100	1.00	--
$91.00	Aug 28	7.85	8.00	$7.93	1.9%	8	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 351 active (total vol 188.8K, top 30.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.50	Sep 18	0.32	0.33	$0.33	3.0%	13.8K	0.24	2.5K
$83.50	Sep 11	0.45	0.46	$0.46	2.2%	10.3K	0.37	4.2K
$85.00	Sep 18	0.24	0.25	$0.25	4.0%	6.1K	0.19	103.3K
$85.50	Sep 18	0.17	0.18	$0.18	5.6%	5.1K	0.14	5.3K
$84.00	Sep 4	0.17	0.18	$0.18	5.6%	5.0K	0.22	43.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 18	0.03	0.04	$0.04	25.0%	30.1K	0.03	57.8K
$82.50	Sep 18	0.66	0.68	$0.67	3.0%	5.6K	0.44	1.1K
$82.00	Sep 18	0.48	0.49	$0.49	2.0%	5.5K	0.35	131.0K
$83.00	Sep 4	0.62	0.64	$0.63	3.2%	4.1K	0.55	6.0K
$82.00	Sep 2	0.14	0.15	$0.15	6.7%	3.1K	0.22	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. 6 strikes (avg 19.4%, max 33.0%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 28	Oct 9	12.7%	9.6%	33.0%	384	66.4K
$83.50	Aug 28	Oct 9	14.2%	12.1%	17.4%	5.0K	16.0K
$83.00	Aug 28	Oct 2	13.2%	12.3%	7.3%	1.2K	34.3K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 28	Oct 9	12.7%	9.6%	33.0%	2.4K	5.9K
$83.50	Aug 28	Oct 9	14.2%	12.1%	17.4%	383	5.3K
$83.00	Aug 28	Oct 9	13.2%	12.2%	8.1%	2.5K	9.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 87 found (best R:R 1.38, avg 1.77)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$83.00	Aug 31	$0.33	$0.17	$0.33	76%	0.52	$82.83
$83.50	$84.00	Sep 4	$0.11	$0.39	$0.11	33%	3.55	$83.61
$82.00	$82.50	Sep 18	$0.32	$0.18	$0.32	70%	0.56	$82.32
$81.50	$82.50	Oct 9	$0.65	$0.35	$0.65	72%	0.54	$82.15
$84.00	$84.50	Oct 9	$0.15	$0.35	$0.15	35%	2.33	$84.15

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 30	$0.42	$0.58	$0.42	53%	1.38	$82.58
$83.00	$82.50	Oct 9	$0.24	$0.26	$0.24	54%	1.08	$82.76
$82.00	$81.50	Sep 25	$0.14	$0.36	$0.14	36%	2.57	$81.86
$83.50	$83.00	Sep 25	$0.27	$0.23	$0.27	60%	0.85	$83.23
$81.00	$80.50	Oct 9	$0.11	$0.39	$0.11	29%	3.55	$80.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 51 found (best R:R 0.39, avg 0.50)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$84.00	$85.00	Sep 30	$0.28	$0.28	$0.72	65%	0.39	$84.28
$83.50	$84.00	Sep 2	$0.11	$0.11	$0.39	70%	0.28	$83.61
$83.50	$84.00	Oct 9	$0.20	$0.20	$0.30	59%	0.67	$83.70
$83.50	$84.00	Oct 2	$0.19	$0.19	$0.31	59%	0.61	$83.69
$84.50	$85.00	Oct 2	$0.13	$0.13	$0.37	72%	0.35	$84.63

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	56%	0.39	$82.86
$82.50	$82.00	Sep 4	$0.17	$0.17	$0.33	60%	0.52	$82.33
$83.00	$82.50	Sep 2	$0.24	$0.24	$0.26	45%	0.92	$82.76
$82.50	$82.00	Sep 2	$0.14	$0.14	$0.36	63%	0.39	$82.36
$82.00	$81.50	Sep 4	$0.10	$0.10	$0.40	74%	0.25	$81.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.08, cheapest $0.08)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.09	13.2%	9.0%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.08	13.2%	9.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 200 found (cheapest 0.60% of stock, avg 4.28%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 28	$0.30	$0.20	$0.50	$82.50	$83.50	0.60%
$83.50	Aug 28	$0.11	$0.50	$0.61	$82.89	$84.11	0.73%
$83.00	Aug 31	$0.39	$0.28	$0.67	$82.33	$83.67	0.81%
$82.50	Aug 28	$0.67	$0.06	$0.73	$81.77	$83.23	0.88%
$83.50	Aug 31	$0.18	$0.56	$0.74	$82.76	$84.24	0.89%
$82.50	Aug 31	$0.72	$0.12	$0.84	$81.66	$83.34	1.01%
$83.00	Sep 2	$0.42	$0.53	$0.95	$82.05	$83.95	1.14%
$84.00	Aug 28	$0.04	$0.92	$0.96	$83.04	$84.96	1.16%
$84.00	Aug 31	$0.08	$0.96	$1.04	$82.96	$85.04	1.25%
$82.50	Sep 2	$0.75	$0.29	$1.04	$81.46	$83.54	1.25%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 231 found (cheapest 0.07% of stock, avg 0.96%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$84.00	$82.00	Aug 28	$0.04	$0.02	$0.06	$81.94	$84.06
$84.50	$82.00	Aug 31	$0.04	$0.04	$0.08	$81.92	$84.58
$84.50	$81.00	Sep 2	$0.05	$0.03	$0.08	$80.92	$84.58
$85.00	$80.50	Sep 4	$0.06	$0.04	$0.10	$80.40	$85.10
$84.00	$82.50	Aug 28	$0.04	$0.06	$0.10	$82.40	$84.10
$85.00	$81.00	Sep 4	$0.06	$0.06	$0.12	$80.88	$85.12
$84.50	$81.50	Sep 2	$0.05	$0.07	$0.12	$81.38	$84.62
$84.00	$82.00	Aug 31	$0.08	$0.04	$0.12	$81.88	$84.12
$84.00	$81.00	Sep 2	$0.10	$0.03	$0.13	$80.87	$84.13
$84.50	$80.50	Sep 4	$0.10	$0.04	$0.14	$80.36	$84.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 14 found (best R:R 0.92, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/85	Oct 2	$0.24	$0.26	45%	0.92	$80.76	$84.74
81/82	84/85	Oct 2	$0.27	$0.23	38%	1.17	$81.23	$84.77
80/81	84/84	Oct 2	$0.26	$0.24	39%	1.08	$80.74	$84.26
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
80/81	84/85	Oct 9	$0.24	$0.26	42%	0.92	$80.76	$84.74
81/82	84/85	Oct 9	$0.27	$0.23	36%	1.17	$81.23	$84.77
82/82	84/84	Sep 18	$0.27	$0.23	34%	1.17	$81.73	$84.27
81/82	84/85	Sep 25	$0.22	$0.28	44%	0.79	$81.28	$84.72
82/82	84/84	Sep 9	$0.25	$0.25	36%	1.00	$81.75	$83.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 81 found (best R:R 4.56, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Sep 2	$0.09	$0.41	52%	4.56
$81.00	$82.00	$83.00	Sep 30	$0.13	$0.87	33%	6.69
$79.00	$80.00	$81.00	Sep 30	$0.06	$0.94	19%	15.67
$81.50	$82.00	$82.50	Sep 4	$0.07	$0.43	34%	6.14
$81.50	$82.50	$83.50	Oct 9	$0.15	$0.85	31%	5.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.50	$83.00	$83.50	Aug 28	$0.16	$0.34	58%	2.12
$82.00	$82.50	$83.00	Aug 31	$0.08	$0.42	36%	5.25
$83.00	$83.50	$84.00	Aug 28	$0.12	$0.38	46%	3.17
$82.50	$83.00	$83.50	Aug 31	$0.12	$0.38	45%	3.17
$81.00	$82.00	$83.00	Sep 30	$0.15	$0.85	29%	5.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 148 found (best net $-1.26, 141 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$74.00	$78.00	1:2	Aug 31	-$1.13	$2.87
$75.00	$78.00	1:2	Sep 2	-$2.13	$0.87
$82.00	$82.50	1:2	Aug 28	-$0.21	$0.29
$82.50	$83.00	1:2	Aug 31	-$0.06	$0.44
$82.50	$83.00	1:2	Sep 2	-$0.09	$0.41

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.26	$3.24
$90.00	$87.00	1:2	Aug 28	-$0.87	$2.13
$84.00	$83.50	1:2	Aug 28	-$0.08	$0.42
$84.00	$83.50	1:2	Aug 31	-$0.16	$0.34
$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. 66 found (best yield 1.14%, avg 0.33%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.50	Oct 9	$0.95	0.41	0.5%	1.14%	1.65%	180	--
$84.00	Oct 9	$0.76	0.35	1.1%	0.91%	2.02%	12	--
$83.50	Oct 2	$0.86	0.41	0.5%	1.04%	1.54%	13	897
$84.50	Oct 9	$0.61	0.30	1.7%	0.73%	2.44%	3	--
$84.00	Sep 30	$0.67	0.35	1.1%	0.81%	1.91%	143	52.7K
$84.00	Oct 2	$0.67	0.34	1.1%	0.81%	1.91%	511	1.1K
$85.00	Oct 9	$0.48	0.25	2.3%	0.58%	2.89%	147	--
$83.50	Sep 25	$0.76	0.41	0.5%	0.91%	1.42%	37	5.7K
$84.50	Oct 2	$0.52	0.28	1.7%	0.63%	2.34%	1	546
$84.00	Sep 25	$0.58	0.34	1.1%	0.70%	1.81%	39	3.1K

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 102,273

Total Puts 86,529

Put/Call Ratio 0.85

Net Difference 15,744

Prior's Put/Call Breakdown

Total Calls 136,259

Total Puts 158,645

Put/Call Ratio 1.16

Net Difference -22,386

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