TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$83.13 -0.20%

$83.12 (-0.01%)🌙

as of 08/27 04:01 PM

(8/27 15:14) ◀

Thursday, August 27, 2026 (4:00pm)

▶

◀ 8/27 16:01

Option Volume

Detail

ℹ

Current (08/27 4:00pm) 303,074

Calls: 190,211 (63%)

Puts: 112,863 (37%)

Prior (08/26) 333,942

Calls: 161,933 (48%)

Puts: 172,009 (52%)

Current vs Prior -9.24%

Calls: +17.46% (Calls)

Puts: -34.39% (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 -35.67%

Calls: -28.82%

Puts: -44.65%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/27 4:00pm) $11.09M

Calls: $8.28M (75%)

Puts: $2.81M (25%)

Prior (08/26) $14.20M

Calls: $9.96M (70%)

Puts: $4.25M (30%)

Current vs Prior -21.94%

Calls: -16.87%

Puts: -33.85%

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 -55.62%

Calls: -39.81%

Puts: -74.98%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/27 4:00pm) 0.59

Prior (08/26) 1.06

Current vs Prior -44.14%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg -26.29%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/27 4:00pm) 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 0.94% | 1.14%0.94% | 1.74%2.47% | 3.96%

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

Current vs Prior -15.04% | -10.19%-15.04% | -3.77%-1.71% | -0.70%

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

Current vs 7-Day Avg +2.85% | -3.04%-12.11% | +0.05%+60.22% | +12.30%

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

Current vs 7-Day Eod -15.04% | -10.19%-14.11% | -4.41%-2.65% | -0.40%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 3.74% | 3.07%

Calls: 3.13% | 2.44%

Puts: 4.35% | 3.70%

Prior 2.24% | 1.93%

Calls: 1.85% | 1.64%

Puts: 2.63% | 2.22%

Current vs Prior +66.96% | +59.07%

Prior 7-Day Avg 6.82% | 3.40%

Calls: 7.18% | 2.96%

Puts: 6.45% | 3.85%

Current vs 7-Day Avg -45.14% | -9.74%

Liquidity Acceptable

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🤖 AI Insights

Moderately bullish flow with 75% call dollar volume ($8.28M). Bullish P/C ratio of 0.59. P/C ratio dropping 44% - 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 BULLISH

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
16:00	BULLISH	BULLISH	BULLISH
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 345 of results (avg 3.3%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	1.47	1.48	$1.48	0.7%	314	0.71	86.0K
$82.00	Sep 11	1.31	1.32	$1.32	0.8%	99	0.76	2.4K
$82.50	Sep 25	1.30	1.31	$1.31	0.8%	187	0.58	6.5K
$81.50	Oct 9	2.14	2.16	$2.15	0.9%	41	0.72	--
$82.50	Sep 11	0.96	0.97	$0.97	1.0%	366	0.63	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$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
$83.50	Sep 4	0.92	0.93	$0.93	1.1%	61	0.67	929
$96.00	Sep 18	13.10	13.25	$13.18	1.1%	--	0.99	1.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 167 found (avg $0.34, cheapest $0.11)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 28	0.10	0.11	$0.11	9.1%	14.3K	0.28	16.0K
$84.00	Aug 31	0.07	0.08	$0.08	12.5%	1.8K	0.16	3.6K
$83.00	Aug 28	0.31	0.32	$0.32	3.1%	2.9K	0.60	32.4K
$83.50	Aug 31	0.18	0.19	$0.19	5.3%	4.0K	0.34	10.4K
$84.00	Sep 2	0.10	0.11	$0.11	9.1%	489	0.17	4.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 28	0.17	0.18	$0.18	5.6%	3.8K	0.40	9.3K
$82.50	Aug 31	0.10	0.11	$0.11	9.1%	3.0K	0.22	3.8K
$81.50	Sep 2	0.05	0.06	$0.06	16.7%	2.5K	0.10	654
$83.00	Aug 31	0.25	0.26	$0.26	3.8%	2.3K	0.43	936
$83.50	Aug 28	0.45	0.47	$0.46	4.3%	471	0.72	5.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 244 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$73.00	Aug 31	10.10	10.25	$10.18	1.5%	8	1.00	1
$74.00	Aug 31	9.10	9.25	$9.18	1.6%	8	1.00	2
$78.00	Aug 31	5.10	5.25	$5.18	2.9%	--	1.00	11
$79.00	Aug 31	4.10	4.25	$4.18	3.6%	--	1.00	22
$80.00	Aug 31	3.10	3.25	$3.18	4.7%	3	1.00	30

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.50	Aug 28	1.33	1.43	$1.38	7.2%	24	1.00	59
$85.00	Aug 28	1.82	1.92	$1.87	5.3%	113	1.00	16
$87.00	Aug 28	3.80	3.95	$3.88	3.9%	142	1.00	--
$90.00	Aug 28	6.80	6.95	$6.88	2.2%	132	1.00	--
$90.50	Aug 28	7.30	7.45	$7.38	2.0%	100	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 388 active (total vol 301.0K, top 30.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Sep 30	0.41	0.42	$0.42	2.4%	25.6K	0.24	20.2K
$84.00	Aug 28	0.02	0.03	$0.03	33.3%	17.8K	0.09	10.3K
$83.50	Sep 11	0.47	0.48	$0.48	2.1%	14.7K	0.38	4.2K
$84.50	Sep 18	0.34	0.35	$0.35	2.9%	14.6K	0.25	2.5K
$83.50	Aug 28	0.10	0.11	$0.11	9.1%	14.3K	0.28	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%	30.2K	0.03	57.8K
$82.50	Aug 28	0.04	0.05	$0.05	20.0%	6.8K	0.14	5.9K
$82.00	Sep 18	0.47	0.48	$0.48	2.1%	6.5K	0.34	131.0K
$82.00	Aug 28	0.01	0.02	$0.02	50.0%	6.4K	0.05	25.0K
$82.50	Sep 18	0.65	0.66	$0.66	1.5%	5.8K	0.43	1.1K

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 10.2%, max 13.7%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.50	Aug 28	Oct 9	13.9%	12.2%	13.7%	14.5K	16.0K
$83.00	Aug 28	Oct 2	13.2%	12.4%	6.4%	3.0K	34.3K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.50	Aug 28	Oct 9	13.9%	12.2%	13.7%	540	5.3K
$83.00	Aug 28	Oct 9	13.2%	12.4%	7.2%	3.9K	9.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 89 found (best R:R 1.44, avg 1.81)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$83.00	Sep 9	$0.28	$0.22	$0.28	65%	0.79	$82.78
$85.00	$85.50	Oct 9	$0.10	$0.40	$0.10	25%	4.00	$85.10
$81.50	$82.50	Oct 9	$0.66	$0.34	$0.66	72%	0.52	$82.16
$84.50	$85.00	Sep 25	$0.11	$0.39	$0.11	28%	3.55	$84.61
$83.50	$84.00	Sep 11	$0.15	$0.35	$0.15	38%	2.33	$83.65

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	52%	1.44	$82.59
$83.00	$82.50	Sep 25	$0.22	$0.28	$0.22	53%	1.27	$82.78
$82.50	$82.00	Oct 9	$0.20	$0.30	$0.20	48%	1.50	$82.30
$83.00	$82.50	Oct 9	$0.24	$0.26	$0.24	54%	1.08	$82.76
$81.00	$80.50	Oct 9	$0.11	$0.39	$0.11	28%	3.55	$80.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 53 found (best R:R 0.35, avg 0.48)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.50	$84.00	Oct 2	$0.20	$0.20	$0.30	59%	0.67	$83.70
$83.50	$84.00	Aug 31	$0.11	$0.11	$0.39	66%	0.28	$83.61
$83.50	$84.00	Sep 2	$0.11	$0.11	$0.39	69%	0.28	$83.61
$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 28	$0.13	$0.13	$0.37	60%	0.35	$82.87
$82.50	$82.00	Sep 2	$0.14	$0.14	$0.36	64%	0.39	$82.36
$82.00	$81.50	Sep 4	$0.10	$0.10	$0.40	74%	0.25	$81.90
$83.00	$82.50	Sep 2	$0.23	$0.23	$0.27	47%	0.85	$82.77
$83.00	$82.50	Sep 4	$0.24	$0.24	$0.26	46%	0.92	$82.76

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%	9.1%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.08	13.2%	9.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 203 found (cheapest 0.60% of stock, avg 4.29%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 28	$0.32	$0.18	$0.50	$82.50	$83.50	0.60%
$83.50	Aug 28	$0.11	$0.46	$0.57	$82.93	$84.07	0.69%
$83.00	Aug 31	$0.41	$0.26	$0.67	$82.33	$83.67	0.81%
$83.50	Aug 31	$0.19	$0.54	$0.73	$82.77	$84.23	0.88%
$82.50	Aug 28	$0.70	$0.05	$0.75	$81.75	$83.25	0.90%
$82.50	Aug 31	$0.76	$0.11	$0.87	$81.63	$83.37	1.05%
$84.00	Aug 28	$0.03	$0.88	$0.91	$83.09	$84.91	1.09%
$83.00	Sep 2	$0.44	$0.51	$0.95	$82.05	$83.95	1.14%
$84.00	Aug 31	$0.08	$0.92	$1.00	$83.00	$85.00	1.20%
$82.50	Sep 2	$0.77	$0.28	$1.05	$81.45	$83.55	1.26%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 226 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	$0.05	$0.08	$82.42	$84.08
$85.00	$80.50	Sep 4	$0.06	$0.04	$0.10	$80.40	$85.10
$84.50	$81.50	Sep 2	$0.05	$0.06	$0.11	$81.39	$84.61
$84.00	$82.00	Aug 31	$0.08	$0.04	$0.12	$81.88	$84.12
$85.00	$81.00	Sep 4	$0.06	$0.07	$0.13	$80.87	$85.13
$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. 14 found (best R:R 1.17, avg credit $0.25)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/84	Oct 2	$0.27	$0.23	38%	1.17	$80.73	$84.27
80/81	84/85	Oct 2	$0.23	$0.27	44%	0.85	$80.77	$84.73
81/82	84/84	Oct 2	$0.29	$0.21	32%	1.38	$81.21	$84.29
81/82	84/85	Oct 9	$0.27	$0.23	36%	1.17	$81.23	$84.77
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	41%	0.92	$80.76	$84.74
81/82	84/85	Oct 2	$0.25	$0.25	38%	1.00	$81.25	$84.75
80/81	85/86	Oct 9	$0.21	$0.29	46%	0.72	$80.79	$85.21
81/82	85/86	Oct 9	$0.24	$0.26	40%	0.92	$81.26	$85.24
81/82	84/85	Sep 25	$0.22	$0.28	44%	0.79	$81.28	$84.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 89 found (best R:R 4.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Sep 2	$0.10	$0.40	50%	4.00
$81.00	$82.00	$83.00	Sep 30	$0.14	$0.86	33%	6.14
$80.00	$81.00	$82.00	Sep 30	$0.10	$0.90	27%	9.00
$83.00	$83.50	$84.00	Aug 28	$0.13	$0.37	51%	2.85
$81.50	$82.00	$82.50	Sep 4	$0.06	$0.44	32%	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.50	$83.00	$83.50	Aug 28	$0.15	$0.35	58%	2.33
$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	29%	7.33
$83.00	$83.50	$84.00	Aug 31	$0.10	$0.40	40%	4.00
$80.00	$81.00	$82.00	Sep 30	$0.10	$0.90	22%	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. 153 found (best net $-1.18, 145 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$74.00	$78.00	1:2	Aug 31	-$1.18	$2.82
$75.00	$78.00	1:2	Sep 2	-$2.21	$0.79
$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	-$0.11	$0.39

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	-$0.88	$2.12
$84.00	$83.50	1:2	Aug 31	-$0.16	$0.34
$83.00	$82.00	1:2	Sep 30	-$0.22	$0.78
$83.00	$82.50	1:2	Sep 2	-$0.05	$0.45

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 67 found (best yield 1.18%, avg 0.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.50	Oct 9	$0.98	0.42	0.5%	1.18%	1.62%	201	--
$84.00	Oct 9	$0.79	0.36	1.1%	0.95%	2.00%	73	--
$83.50	Oct 2	$0.89	0.41	0.5%	1.07%	1.52%	17	897
$84.50	Oct 9	$0.63	0.30	1.6%	0.76%	2.41%	11	--
$84.00	Oct 2	$0.70	0.35	1.1%	0.84%	1.89%	518	1.1K
$84.00	Sep 30	$0.68	0.35	1.1%	0.82%	1.86%	851	52.7K
$85.00	Oct 9	$0.50	0.25	2.2%	0.60%	2.85%	161	--
$83.50	Sep 25	$0.79	0.41	0.5%	0.95%	1.40%	64	5.7K
$84.50	Oct 2	$0.54	0.29	1.6%	0.65%	2.30%	1	546
$84.00	Sep 25	$0.60	0.34	1.1%	0.72%	1.77%	106	3.1K

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 190,211

Total Puts 112,863

Put/Call Ratio 0.59

Net Difference 77,348

Prior's Put/Call Breakdown

Total Calls 161,933

Total Puts 172,009

Put/Call Ratio 1.06

Net Difference -10,076

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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