TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$83.48 +0.42%

(8/28 10:00) ◀

Friday, August 28, 2026 (11:00am)

▶ (8/28 12:01)

◀ 8/28 11:00 ▶

Option Volume

Detail

ℹ

Current (08/28 11:00am) 387,804

Calls: 212,113 (55%)

Puts: 175,691 (45%)

Prior (08/27) 70,661

Calls: 48,009 (68%)

Puts: 22,652 (32%)

Current vs Prior +448.82%

Calls: +341.82% (Calls)

Puts: +675.61% (Puts)

Prior 7-Day Total 3,165,845

Calls: 1,834,764 (58%)

Puts: 1,331,081 (42%)

Prior 7-Day Average 452,263

Calls: 262,109 (58%)

Puts: 190,154 (42%)

Current vs Prior 7-Day Avg -14.25%

Calls: -19.07%

Puts: -7.61%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/28 11:00am) $13.53M

Calls: $9.76M (72%)

Puts: $3.77M (28%)

Prior (08/27) $3.11M

Calls: $2.58M (83%)

Puts: $532.3K (17%)

Current vs Prior +335.05%

Calls: +278.53%

Puts: +608.83%

Prior 7-Day Total $164.68M

Calls: $93.32M (57%)

Puts: $71.36M (43%)

Prior 7-Day Average $23.53M

Calls: $13.33M (57%)

Puts: $10.19M (43%)

Current vs Prior 7-Day Avg -42.48%

Calls: -26.80%

Puts: -62.99%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28 11:00am) 0.83

Prior (08/27) 0.47

Current vs Prior +75.55%

Prior 7-Day Average 0.76

Current vs Prior 7-Day Avg +9.33%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (08/28 11:00am) 2,939,022

Calls: 1,769,249 (60%)

Puts: 1,169,773 (40%)

Prior (08/27) 2,820,718

Calls: 1,676,577 (59%)

Puts: 1,144,141 (41%)

Current vs Prior +4.19%

Prior 7-Day Total 22,040,761

Calls: 12,780,159 (58%)

Puts: 9,260,602 (42%)

Prior 7-Day Average 3,148,680

Calls: 1,825,737 (58%)

Puts: 1,322,943 (42%)

Current vs Prior 7-Day Avg -6.66%

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 0.77% | 1.01%0.77% | 1.56%2.31% | 3.77%

Prior 0.94% | 1.14%0.94% | 1.74%2.47% | 3.96%

Current vs Prior -18.29% | -11.95%-18.29% | -10.72%-6.25% | -4.66%

Prior 7-Day Avg 0.93% | 1.18%1.04% | 1.75%1.77% | 3.63%

Current vs 7-Day Avg -17.33% | -14.54%-26.08% | -10.81%+30.43% | +3.82%

Prior 7-Day Eod 0.94% | 1.14%0.93% | 1.74%2.47% | 3.97%

Current vs 7-Day Eod -18.29% | -11.95%-17.23% | -10.72%-6.25% | -4.94%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 9.72% | 4.48%

Calls: 11.76% | 5.26%

Puts: 7.69% | 3.70%

Prior 3.74% | 3.07%

Calls: 3.13% | 2.44%

Puts: 4.35% | 3.70%

Current vs Prior +159.89% | +45.93%

Prior 7-Day Avg 6.13% | 3.39%

Calls: 6.65% | 2.99%

Puts: 5.60% | 3.79%

Current vs 7-Day Avg +58.68% | +32.15%

Liquidity Acceptable

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Moderately bullish flow with 72% call dollar volume ($9.76M). Massive premium surge with dollar volume up 335% vs prior. Unusually high activity with volume up 449% vs prior - elevated interest. P/C ratio rising 76% - increased hedging/bearish positioning.

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 BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

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
11:00	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BEARISH	BEARISH

📈 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

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 343 of results (avg 3.1%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Aug 28	13.45	13.55	$13.50	0.7%	7	1.00	17
$70.00	Sep 2	13.45	13.55	$13.50	0.7%	--	1.00	16
$70.00	Sep 4	13.45	13.55	$13.50	0.7%	--	1.00	64
$70.00	Sep 9	13.45	13.55	$13.50	0.7%	2	1.00	--
$70.00	Sep 11	13.45	13.55	$13.50	0.7%	--	1.00	166

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$100.00	Sep 4	16.75	16.85	$16.80	0.6%	--	0.99	17
$84.50	Sep 25	1.65	1.66	$1.65	0.6%	1	0.69	337
$97.00	Aug 28	13.45	13.55	$13.50	0.7%	9	1.00	--
$96.00	Aug 28	12.45	12.55	$12.50	0.8%	9	1.00	--
$85.00	Oct 9	2.32	2.34	$2.33	0.9%	22	0.73	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 151 found (avg $0.32, 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%	27.5K	0.47	21.4K
$84.00	Aug 31	0.08	0.09	$0.09	11.1%	7.1K	0.22	4.3K
$83.50	Aug 31	0.24	0.25	$0.25	4.0%	13.7K	0.48	12.3K
$83.00	Aug 28	0.48	0.54	$0.51	11.8%	7.5K	0.93	32.0K
$84.00	Sep 2	0.12	0.13	$0.13	7.7%	1.5K	0.23	4.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 28	0.12	0.13	$0.13	7.7%	5.5K	0.53	5.4K
$83.00	Aug 31	0.08	0.09	$0.09	11.1%	1.7K	0.23	2.7K
$83.50	Aug 31	0.26	0.27	$0.27	3.7%	702	0.52	986
$84.00	Aug 28	0.48	0.54	$0.51	11.8%	226	0.96	464
$82.50	Sep 2	0.11	0.13	$0.12	16.7%	252	0.22	2.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 256 found (avg delta 0.91, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Aug 28	13.45	13.55	$13.50	0.7%	7	1.00	17
$71.00	Aug 28	12.45	12.55	$12.50	0.8%	7	1.00	24
$74.00	Aug 28	9.45	9.55	$9.50	1.1%	1	1.00	19
$75.00	Aug 28	8.45	8.55	$8.50	1.2%	8	1.00	4.9K
$76.00	Aug 28	7.45	7.55	$7.50	1.3%	22	1.00	5.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$94.00	Aug 28	10.45	10.55	$10.50	1.0%	8	1.00	--
$95.00	Aug 28	11.45	11.55	$11.50	0.9%	8	1.00	--
$96.00	Aug 28	12.45	12.55	$12.50	0.8%	9	1.00	--
$97.00	Aug 28	13.45	13.55	$13.50	0.7%	9	1.00	--
$92.00	Aug 28	8.45	8.55	$8.50	1.2%	1	0.99	8

Most actively traded options today. High liquidity = easy entry/exit. 354 active (total vol 387.8K, top 65.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 30	0.76	0.77	$0.77	1.3%	39.7K	0.39	52.8K
$83.50	Aug 28	0.10	0.11	$0.11	9.1%	27.5K	0.47	21.4K
$84.00	Aug 28	0.00	0.01	$0.01	100.0%	23.7K	0.04	20.5K
$83.50	Sep 4	0.36	0.37	$0.37	2.7%	14.1K	0.43	19.4K
$83.50	Aug 31	0.24	0.25	$0.25	4.0%	13.7K	0.48	12.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 18	0.08	0.09	$0.09	11.1%	65.1K	0.07	118.2K
$82.00	Sep 18	0.33	0.35	$0.34	5.9%	25.9K	0.27	130.7K
$82.00	Sep 2	0.04	0.05	$0.05	20.0%	16.9K	0.10	4.4K
$83.00	Sep 18	0.67	0.69	$0.68	2.9%	15.6K	0.46	76.4K
$82.50	Aug 28	0.00	0.01	$0.01	100.0%	12.6K	0.03	8.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 20.1%, max 20.1%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.50	Aug 28	Oct 9	14.2%	11.8%	20.1%	27.6K	21.6K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.50	Aug 28	Oct 9	14.2%	11.8%	20.1%	5.7K	5.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 85 found (best R:R 0.56, avg 1.95)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 30	$0.64	$0.36	$0.64	74%	0.56	$82.64
$82.50	$83.00	Sep 11	$0.32	$0.18	$0.32	77%	0.56	$82.82
$82.00	$82.50	Oct 2	$0.33	$0.17	$0.33	74%	0.52	$82.33
$83.00	$83.50	Aug 31	$0.32	$0.18	$0.32	78%	0.56	$83.32
$82.50	$83.00	Sep 18	$0.31	$0.19	$0.31	69%	0.61	$82.81

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Oct 9	$0.11	$0.39	$0.11	30%	3.55	$81.39
$84.00	$83.50	Aug 31	$0.33	$0.17	$0.33	78%	0.52	$83.67
$82.00	$81.50	Sep 25	$0.11	$0.39	$0.11	30%	3.55	$81.89
$84.00	$83.00	Sep 30	$0.53	$0.47	$0.53	61%	0.89	$83.47
$82.50	$82.00	Oct 9	$0.18	$0.32	$0.18	43%	1.78	$82.32

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 49 found (best R:R 0.25, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.50	$84.00	Aug 28	$0.10	$0.10	$0.40	53%	0.25	$83.60
$84.00	$85.00	Sep 30	$0.33	$0.33	$0.67	61%	0.49	$84.33
$83.50	$84.00	Sep 2	$0.16	$0.16	$0.34	57%	0.47	$83.66
$83.50	$84.00	Oct 2	$0.22	$0.22	$0.28	54%	0.79	$83.72
$83.50	$84.00	Oct 9	$0.22	$0.22	$0.28	54%	0.79	$83.72

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.50	Sep 2	$0.16	$0.16	$0.34	59%	0.47	$82.84
$83.00	$82.50	Sep 4	$0.17	$0.17	$0.33	56%	0.52	$82.83
$82.50	$82.00	Sep 11	$0.13	$0.13	$0.37	67%	0.35	$82.37
$83.00	$82.50	Sep 11	$0.19	$0.19	$0.31	54%	0.61	$82.81
$82.50	$82.00	Sep 18	$0.15	$0.15	$0.35	64%	0.43	$82.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.14, cheapest $0.14)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.50	Aug 28	Aug 31	$0.14	14.2%	7.7%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.50	Aug 28	Aug 31	$0.14	14.2%	7.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 206 found (cheapest 0.29% of stock, avg 4.13%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.50	Aug 28	$0.11	$0.13	$0.24	$83.26	$83.74	0.29%
$84.00	Aug 28	$0.01	$0.51	$0.52	$83.48	$84.52	0.62%
$83.50	Aug 31	$0.25	$0.27	$0.52	$82.98	$84.02	0.62%
$83.00	Aug 28	$0.51	$0.02	$0.53	$82.47	$83.53	0.63%
$83.00	Aug 31	$0.57	$0.09	$0.66	$82.34	$83.66	0.79%
$84.00	Aug 31	$0.09	$0.60	$0.69	$83.31	$84.69	0.83%
$83.50	Sep 2	$0.29	$0.55	$0.84	$82.66	$84.34	1.01%
$83.00	Sep 2	$0.59	$0.28	$0.87	$82.13	$83.87	1.04%
$82.50	Aug 28	$0.99	$0.01	$1.00	$81.50	$83.50	1.20%
$83.50	Sep 4	$0.37	$0.65	$1.02	$82.48	$84.52	1.22%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 214 found (cheapest 0.07% of stock, avg 0.91%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$84.50	$82.50	Aug 31	$0.03	$0.03	$0.06	$82.44	$84.56
$85.00	$82.00	Sep 2	$0.03	$0.05	$0.08	$81.92	$85.08
$84.50	$82.00	Sep 2	$0.05	$0.05	$0.10	$81.90	$84.60
$85.50	$81.50	Sep 4	$0.04	$0.06	$0.10	$81.40	$85.60
$85.00	$81.50	Sep 4	$0.07	$0.06	$0.13	$81.37	$85.13
$84.00	$82.50	Aug 31	$0.09	$0.03	$0.12	$82.38	$84.12
$84.50	$83.00	Aug 31	$0.03	$0.09	$0.12	$82.88	$84.62
$85.50	$81.00	Sep 9	$0.08	$0.06	$0.14	$80.86	$85.64
$85.50	$82.00	Sep 4	$0.04	$0.11	$0.15	$81.85	$85.65
$85.00	$81.00	Sep 9	$0.11	$0.06	$0.17	$80.83	$85.17

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 15 found (best R:R 1.00, 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	$0.25	$0.25	40%	1.00	$81.25	$84.75
81/82	85/86	Oct 2	$0.22	$0.28	46%	0.79	$81.28	$85.22
82/82	84/85	Oct 2	$0.28	$0.22	34%	1.27	$81.72	$84.78
82/82	85/86	Oct 2	$0.25	$0.25	40%	1.00	$81.75	$85.25
81/82	85/86	Oct 9	$0.23	$0.27	43%	0.85	$81.27	$85.23
81/82	84/85	Oct 9	$0.25	$0.25	37%	1.00	$81.25	$84.75
82/82	84/85	Sep 25	$0.24	$0.26	39%	0.92	$81.76	$84.74
82/82	84/85	Sep 18	$0.21	$0.29	45%	0.72	$81.79	$84.71
82/82	84/84	Sep 11	$0.26	$0.24	34%	1.08	$82.24	$84.26
82/82	84/84	Sep 9	$0.22	$0.28	38%	0.79	$82.28	$84.22

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 77 found (best R:R 5.25, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.50	$83.00	$83.50	Aug 28	$0.08	$0.42	53%	5.25
$83.00	$83.50	$84.00	Aug 28	$0.30	$0.20	88%	0.67
$82.50	$83.00	$83.50	Sep 2	$0.13	$0.37	57%	2.85
$81.00	$82.00	$83.00	Sep 30	$0.15	$0.85	34%	5.67
$82.00	$83.00	$84.00	Sep 30	$0.16	$0.84	35%	5.25

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$83.00	$83.50	$84.00	Aug 28	$0.27	$0.23	87%	0.85
$82.50	$83.00	$83.50	Aug 28	$0.10	$0.40	50%	4.00
$83.00	$83.50	$84.00	Aug 31	$0.15	$0.35	55%	2.33
$80.00	$81.00	$82.00	Sep 30	$0.09	$0.91	20%	10.11
$82.50	$83.00	$83.50	Aug 31	$0.12	$0.38	44%	3.17

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 $-0.80, 136 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 2	-$2.52	$0.48
$82.50	$83.00	1:2	Aug 31	-$0.12	$0.38
$82.50	$83.00	1:2	Sep 2	-$0.16	$0.34
$84.00	$85.00	1:2	Sep 30	-$0.11	$0.89
$83.00	$84.00	1:2	Sep 30	-$0.29	$0.71

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$100.00	$92.00	1:2	Sep 4	-$0.80	$7.20
$93.00	$88.50	1:2	Sep 25	-$0.84	$3.66
$84.50	$84.00	1:2	Aug 31	-$0.16	$0.34
$85.00	$84.00	1:2	Sep 18	-$0.47	$0.53
$89.00	$87.00	1:2	Sep 2	-$1.77	$0.23

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 68 found (best yield 1.28%, avg 0.36%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.50	Oct 9	$1.07	0.46	0.0%	1.28%	1.31%	103	201
$84.00	Oct 9	$0.85	0.39	0.6%	1.02%	1.64%	9	72
$83.50	Oct 2	$0.99	0.46	0.0%	1.19%	1.21%	6	900
$84.50	Oct 9	$0.67	0.33	1.2%	0.80%	2.02%	11	11
$84.00	Oct 2	$0.77	0.39	0.6%	0.92%	1.55%	512	1.6K
$84.00	Sep 30	$0.76	0.39	0.6%	0.91%	1.53%	39.7K	52.8K
$85.00	Oct 9	$0.53	0.28	1.8%	0.63%	2.46%	23	146
$84.50	Oct 2	$0.59	0.32	1.2%	0.71%	1.93%	403	547
$83.50	Sep 25	$0.88	0.46	0.0%	1.05%	1.08%	3.5K	5.7K
$85.50	Oct 9	$0.41	0.23	2.4%	0.49%	2.91%	5	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 212,113

Total Puts 175,691

Put/Call Ratio 0.83

Net Difference 36,422

Prior's Put/Call Breakdown

Total Calls 48,009

Total Puts 22,652

Put/Call Ratio 0.47

Net Difference 25,357

Prior 7-Day Put/Call Summary

Total Calls 1,834,764

Total Puts 1,331,081

Average Put/Call Ratio 0.76

Ratio Trend Rising

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

🤖 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

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