TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$83.10 -0.24%

(8/27 14:00) ◀

Thursday, August 27, 2026 (3:00pm)

▶ (8/27 15:14)

◀ 8/27 15:01 ▶

Option Volume

Detail

ℹ

Current (08/27 3:00pm) 234,617

Calls: 130,504 (56%)

Puts: 104,113 (44%)

Prior (08/26) 312,464

Calls: 147,239 (47%)

Puts: 165,225 (53%)

Current vs Prior -24.91%

Calls: -11.37% (Calls)

Puts: -36.99% (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 -50.20%

Calls: -51.16%

Puts: -48.94%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/27 3:00pm) $8.45M

Calls: $5.85M (69%)

Puts: $2.60M (31%)

Prior (08/26) $12.67M

Calls: $8.26M (65%)

Puts: $4.42M (35%)

Current vs Prior -33.31%

Calls: -29.11%

Puts: -41.18%

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 -66.17%

Calls: -57.43%

Puts: -76.87%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/27 3:00pm) 0.80

Prior (08/26) 1.12

Current vs Prior -28.91%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg -0.90%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (08/27 3:00pm) 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% | 1.16%0.96% | 1.74%2.45% | 3.96%

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

Current vs Prior -12.83% | -9.22%-12.83% | -3.74%-2.16% | -0.66%

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

Current vs 7-Day Avg +5.53% | -1.98%-9.83% | +0.08%+59.50% | +12.34%

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

Current vs 7-Day Eod -12.83% | -9.22%-11.87% | -4.37%-3.08% | -0.36%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 2.63% | 3.40%

Calls: 3.23% | 5.00%

Puts: 2.04% | 1.79%

Prior 2.24% | 1.93%

Calls: 1.85% | 1.64%

Puts: 2.63% | 2.22%

Current vs Prior +17.41% | +76.17%

Prior 7-Day Avg 6.82% | 3.40%

Calls: 7.18% | 2.96%

Puts: 6.45% | 3.85%

Current vs 7-Day Avg -61.42% | -0.04%

Liquidity Good

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🤖 AI Insights

Moderately bullish flow with 69% call dollar volume ($5.85M). P/C ratio dropping 29% - 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 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
15:00	BULLISH	BULLISH	BULLISH
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 347 of results (avg 3.3%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 25	1.61	1.62	$1.62	0.6%	173	0.67	1.5K
$70.00	Aug 28	13.05	13.15	$13.10	0.8%	24	1.00	10
$82.50	Sep 25	1.29	1.30	$1.30	0.8%	182	0.58	6.5K
$71.00	Aug 28	12.05	12.15	$12.10	0.8%	24	1.00	14
$82.50	Sep 18	1.13	1.14	$1.13	0.9%	120	0.59	3.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$99.00	Sep 30	16.10	16.25	$16.18	0.9%	--	0.99	172
$98.00	Sep 18	15.10	15.25	$15.18	1.0%	--	0.99	16
$97.00	Sep 18	14.10	14.25	$14.18	1.1%	--	0.99	298
$97.00	Sep 30	14.10	14.25	$14.18	1.1%	--	0.99	72
$84.00	Oct 2	1.82	1.84	$1.83	1.1%	2	0.66	221

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 166 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%	5.7K	0.27	16.0K
$84.00	Aug 31	0.07	0.08	$0.08	12.5%	1.8K	0.16	3.6K
$83.00	Aug 28	0.30	0.31	$0.31	3.2%	1.6K	0.58	32.4K
$83.50	Aug 31	0.18	0.19	$0.19	5.3%	3.1K	0.33	10.4K
$84.00	Sep 2	0.10	0.11	$0.11	9.1%	488	0.17	4.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 28	0.05	0.06	$0.06	16.7%	4.4K	0.16	5.9K
$83.00	Aug 28	0.18	0.19	$0.19	5.3%	2.9K	0.42	9.3K
$82.50	Aug 31	0.10	0.12	$0.11	18.2%	2.5K	0.22	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%	1.9K	0.45	936

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 243 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
$84.50	Aug 28	1.37	1.44	$1.41	5.0%	--	1.00	59
$85.00	Aug 28	1.86	1.95	$1.91	4.7%	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	6.95	$6.90	1.4%	132	1.00	--
$90.50	Aug 28	7.35	7.45	$7.40	1.4%	100	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 370 active (total vol 232.6K, top 30.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Sep 11	0.46	0.47	$0.47	2.1%	14.7K	0.37	4.2K
$84.50	Sep 18	0.33	0.34	$0.34	2.9%	14.5K	0.24	2.5K
$84.00	Aug 28	0.02	0.03	$0.03	33.3%	8.5K	0.09	10.3K
$85.00	Sep 18	0.24	0.25	$0.25	4.0%	6.4K	0.19	103.3K
$83.50	Aug 28	0.10	0.11	$0.11	9.1%	5.7K	0.27	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%	30.1K	0.03	57.8K
$82.00	Aug 28	0.01	0.02	$0.02	50.0%	6.1K	0.05	25.0K
$82.50	Sep 18	0.66	0.68	$0.67	3.0%	5.8K	0.43	1.1K
$82.00	Sep 18	0.48	0.49	$0.49	2.0%	5.5K	0.34	131.0K
$82.50	Aug 28	0.05	0.06	$0.06	16.7%	4.4K	0.16	5.9K

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 24.3%, max 47.9%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 28	Oct 9	14.3%	9.7%	47.9%	788	66.4K
$83.50	Aug 28	Oct 9	14.0%	12.1%	15.6%	5.9K	16.0K
$83.00	Aug 28	Oct 2	13.5%	12.4%	9.0%	1.8K	34.3K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 28	Oct 9	14.3%	9.7%	47.9%	4.5K	5.9K
$83.50	Aug 28	Oct 9	14.0%	12.1%	15.6%	387	5.3K
$83.00	Aug 28	Oct 9	13.5%	12.4%	9.6%	3.0K	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 1.44, avg 1.82)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$85.00	$86.00	Sep 30	$0.15	$0.85	$0.15	24%	5.67	$85.15
$84.50	$85.00	Oct 9	$0.12	$0.38	$0.12	30%	3.17	$84.62
$81.50	$82.50	Oct 9	$0.65	$0.35	$0.65	72%	0.54	$82.15
$85.00	$85.50	Oct 9	$0.10	$0.40	$0.10	25%	4.00	$85.10
$82.50	$83.00	Sep 11	$0.27	$0.23	$0.27	62%	0.85	$82.77

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 30	$0.41	$0.59	$0.41	53%	1.44	$82.59
$82.00	$81.50	Sep 25	$0.14	$0.36	$0.14	36%	2.57	$81.86
$83.00	$82.50	Oct 9	$0.24	$0.26	$0.24	54%	1.08	$82.76
$81.00	$80.50	Oct 2	$0.10	$0.40	$0.10	27%	4.00	$80.90
$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. 52 found (best R:R 0.52, avg 0.49)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.50	$84.00	Aug 31	$0.11	$0.11	$0.39	67%	0.28	$83.61
$83.50	$84.00	Sep 2	$0.11	$0.11	$0.39	69%	0.28	$83.61
$83.50	$84.00	Sep 25	$0.19	$0.19	$0.31	59%	0.61	$83.69
$84.00	$84.50	Oct 2	$0.16	$0.16	$0.34	65%	0.47	$84.16
$83.50	$84.00	Sep 4	$0.13	$0.13	$0.37	66%	0.35	$83.63

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.50	Aug 31	$0.17	$0.17	$0.33	56%	0.52	$82.83
$82.50	$82.00	Sep 2	$0.15	$0.15	$0.35	63%	0.43	$82.35
$83.00	$82.50	Aug 28	$0.13	$0.13	$0.37	58%	0.35	$82.87
$83.00	$82.50	Sep 2	$0.24	$0.24	$0.26	46%	0.92	$82.76
$82.50	$82.00	Sep 4	$0.16	$0.16	$0.34	60%	0.47	$82.34

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.09, cheapest $0.09)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.09	13.5%	9.0%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.09	13.5%	9.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 202 found (cheapest 0.60% of stock, avg 4.29%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 28	$0.31	$0.19	$0.50	$82.50	$83.50	0.60%
$83.50	Aug 28	$0.11	$0.49	$0.60	$82.90	$84.10	0.72%
$83.00	Aug 31	$0.40	$0.28	$0.68	$82.32	$83.68	0.82%
$82.50	Aug 28	$0.69	$0.06	$0.75	$81.75	$83.25	0.90%
$83.50	Aug 31	$0.19	$0.56	$0.75	$82.75	$84.25	0.90%
$82.50	Aug 31	$0.74	$0.11	$0.85	$81.65	$83.35	1.02%
$84.00	Aug 28	$0.03	$0.91	$0.94	$83.06	$84.94	1.13%
$83.00	Sep 2	$0.43	$0.53	$0.96	$82.04	$83.96	1.16%
$84.00	Aug 31	$0.08	$0.95	$1.03	$82.97	$85.03	1.24%
$82.50	Sep 2	$0.76	$0.29	$1.05	$81.45	$83.55	1.26%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 231 found (cheapest 0.06% of stock, avg 0.98%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$84.00	$82.00	Aug 28	$0.03	$0.02	$0.05	$81.95	$84.05
$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
$84.00	$82.50	Aug 28	$0.03	$0.06	$0.09	$82.41	$84.09
$85.00	$80.50	Sep 4	$0.07	$0.04	$0.11	$80.39	$85.11
$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
$85.00	$81.00	Sep 4	$0.07	$0.07	$0.14	$80.86	$85.14
$84.00	$81.00	Sep 2	$0.11	$0.03	$0.14	$80.86	$84.14
$84.50	$80.50	Sep 4	$0.11	$0.04	$0.15	$80.35	$84.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 13 found (best R:R 1.50, avg credit $0.25)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
81/82	84/84	Oct 2	$0.30	$0.20	32%	1.50	$81.20	$84.30
80/81	84/84	Oct 2	$0.26	$0.24	39%	1.08	$80.74	$84.26
81/82	84/85	Oct 2	$0.26	$0.24	38%	1.08	$81.24	$84.76
80/81	84/85	Oct 2	$0.22	$0.28	44%	0.79	$80.78	$84.72
81/82	85/86	Oct 9	$0.24	$0.26	40%	0.92	$81.26	$85.24
82/82	84/84	Sep 18	$0.27	$0.23	34%	1.17	$81.73	$84.27
80/81	85/86	Oct 9	$0.21	$0.29	46%	0.72	$80.79	$85.21
81/82	84/85	Sep 25	$0.22	$0.28	44%	0.79	$81.28	$84.72
81/82	84/85	Oct 9	$0.26	$0.24	36%	1.08	$81.24	$84.76
80/81	84/85	Oct 9	$0.23	$0.27	41%	0.85	$80.77	$84.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 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	46%	5.25
$80.00	$81.00	$82.00	Sep 30	$0.10	$0.90	27%	9.00
$79.00	$80.00	$81.00	Sep 30	$0.05	$0.95	19%	19.00
$82.00	$82.50	$83.00	Aug 28	$0.07	$0.43	37%	6.14
$81.50	$82.00	$82.50	Sep 4	$0.06	$0.44	34%	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$83.00	$83.50	$84.00	Aug 28	$0.12	$0.38	51%	3.17
$82.50	$83.00	$83.50	Aug 31	$0.11	$0.39	45%	3.55
$81.00	$82.00	$83.00	Sep 30	$0.14	$0.86	29%	6.14
$84.00	$85.00	$86.00	Sep 30	$0.08	$0.92	19%	11.50
$82.50	$83.00	$83.50	Aug 28	$0.17	$0.33	57%	1.94

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 153 found (best net $-1.18, 144 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
$82.50	$83.00	1:2	Aug 31	-$0.06	$0.44
$82.00	$82.50	1:2	Aug 28	-$0.24	$0.26
$82.50	$83.00	1:2	Sep 2	-$0.10	$0.40

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.18	$3.32
$90.00	$87.00	1:2	Aug 28	-$0.90	$2.10
$84.00	$83.50	1:2	Aug 28	-$0.07	$0.43
$84.00	$83.50	1:2	Aug 31	-$0.17	$0.33
$83.00	$82.00	1:2	Sep 30	-$0.23	$0.77

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 70 found (best yield 1.17%, avg 0.33%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.50	Oct 9	$0.97	0.41	0.5%	1.17%	1.65%	201	--
$84.00	Oct 9	$0.78	0.35	1.1%	0.94%	2.02%	73	--
$83.50	Oct 2	$0.88	0.41	0.5%	1.06%	1.54%	16	897
$84.50	Oct 9	$0.62	0.30	1.7%	0.75%	2.43%	11	--
$84.00	Oct 2	$0.69	0.35	1.1%	0.83%	1.91%	518	1.1K
$84.00	Sep 30	$0.67	0.35	1.1%	0.81%	1.89%	801	52.7K
$85.00	Oct 9	$0.50	0.25	2.3%	0.60%	2.89%	161	--
$83.50	Sep 25	$0.78	0.41	0.5%	0.94%	1.42%	62	5.7K
$84.50	Oct 2	$0.54	0.29	1.7%	0.65%	2.33%	1	546
$85.50	Oct 9	$0.40	0.21	2.9%	0.48%	3.37%	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 130,504

Total Puts 104,113

Put/Call Ratio 0.80

Net Difference 26,391

Prior's Put/Call Breakdown

Total Calls 147,239

Total Puts 165,225

Put/Call Ratio 1.12

Net Difference -17,986

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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📈 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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