TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$83.13 +0.00%

(8/28 11:00) ◀

Friday, August 28, 2026 (12:00pm)

▶ (8/28 13:00)

◀ 8/28 12:01 ▶

Option Volume

Detail

ℹ

Current (08/28 12:00pm) 458,231

Calls: 263,095 (57%)

Puts: 195,136 (43%)

Prior (08/27) 114,353

Calls: 71,792 (63%)

Puts: 42,561 (37%)

Current vs Prior +300.72%

Calls: +266.47% (Calls)

Puts: +358.49% (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 +1.32%

Calls: +0.38%

Puts: +2.62%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/28 12:00pm) $14.63M

Calls: $8.80M (60%)

Puts: $5.83M (40%)

Prior (08/27) $5.14M

Calls: $3.56M (69%)

Puts: $1.58M (31%)

Current vs Prior +184.37%

Calls: +147.07%

Puts: +268.29%

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 -37.84%

Calls: -34.01%

Puts: -42.84%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28 12:00pm) 0.74

Prior (08/27) 0.59

Current vs Prior +25.11%

Prior 7-Day Average 0.76

Current vs Prior 7-Day Avg -2.10%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (08/28 12:00pm) 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 0.66% | 0.97%0.66% | 1.55%2.31% | 3.81%

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

Current vs Prior -29.49% | -14.74%-29.49% | -11.04%-6.34% | -3.65%

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

Current vs 7-Day Avg -28.66% | -17.24%-36.21% | -11.12%+30.30% | +4.92%

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

Current vs 7-Day Eod -29.49% | -14.74%-28.58% | -11.04%-6.34% | -3.94%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 10.89% | 2.55%

Calls: 5.56% | 3.03%

Puts: 16.22% | 2.08%

Prior 3.74% | 3.07%

Calls: 3.13% | 2.44%

Puts: 4.35% | 3.70%

Current vs Prior +191.18% | -16.94%

Prior 7-Day Avg 6.13% | 3.39%

Calls: 6.65% | 2.99%

Puts: 5.60% | 3.79%

Current vs 7-Day Avg +77.78% | -24.78%

Liquidity Good

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🤖 AI Insights

Moderately bullish flow with 60% call dollar volume ($8.80M). Massive premium surge with dollar volume up 184% vs prior. Unusually high activity with volume up 301% vs prior - elevated interest. Call-heavy open interest (1,769,249 calls vs 1,169,773 puts) suggests bullish 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 BULLISH

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
12:00	BULLISH	BULLISH	BULLISH
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

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 340 of results (avg 3.3%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 30	1.64	1.65	$1.65	0.6%	513	0.68	7.6K
$82.00	Sep 25	1.55	1.56	$1.56	0.6%	87	0.69	1.4K
$82.50	Sep 25	1.23	1.24	$1.23	0.8%	293	0.59	6.4K
$82.50	Sep 18	1.07	1.08	$1.08	0.9%	2.9K	0.61	3.6K
$83.00	Sep 30	1.04	1.05	$1.05	1.0%	1.1K	0.48	19.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$95.00	Aug 28	11.80	11.90	$11.85	0.8%	9	1.00	--
$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

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 157 found (avg $0.32, cheapest $0.18)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 28	0.17	0.18	$0.18	5.6%	10.5K	0.71	32.0K
$83.50	Aug 31	0.10	0.11	$0.11	9.1%	14.4K	0.28	12.3K
$84.00	Sep 2	0.05	0.06	$0.06	16.7%	2.6K	0.12	4.9K
$83.50	Sep 2	0.13	0.15	$0.14	14.3%	2.0K	0.27	3.2K
$83.00	Aug 31	0.32	0.33	$0.33	3.0%	2.1K	0.58	19.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 31	0.05	0.06	$0.06	16.7%	1.5K	0.16	5.3K
$83.50	Aug 28	0.34	0.40	$0.37	16.2%	8.5K	0.95	5.4K
$83.00	Aug 31	0.18	0.20	$0.19	10.5%	4.2K	0.42	2.7K
$82.00	Sep 2	0.08	0.09	$0.09	11.1%	16.9K	0.17	4.4K
$82.50	Sep 2	0.20	0.22	$0.21	9.5%	257	0.34	2.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 254 found (avg delta 0.91, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Aug 28	13.05	13.20	$13.13	1.1%	8	1.00	17
$71.00	Aug 28	12.05	12.20	$12.13	1.2%	8	1.00	24
$74.00	Aug 28	9.05	9.15	$9.10	1.1%	1	1.00	19
$75.00	Aug 28	8.05	8.15	$8.10	1.2%	8	1.00	4.9K
$76.00	Aug 28	7.05	7.20	$7.13	2.1%	23	1.00	5.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$94.00	Aug 28	10.80	10.95	$10.88	1.4%	9	1.00	--
$95.00	Aug 28	11.80	11.90	$11.85	0.8%	9	1.00	--
$96.00	Aug 28	12.80	12.95	$12.88	1.2%	9	1.00	--
$97.00	Aug 28	13.80	13.95	$13.88	1.1%	9	1.00	--
$91.00	Aug 28	7.80	7.95	$7.88	1.9%	16	0.99	--

Most actively traded options today. High liquidity = easy entry/exit. 372 active (total vol 457.3K, top 65.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 30	0.60	0.62	$0.61	3.3%	40.3K	0.34	52.8K
$83.50	Aug 28	0.00	0.01	$0.01	100.0%	33.9K	0.05	21.4K
$84.00	Aug 28	0.00	0.01	$0.01	100.0%	23.9K	0.03	20.5K
$83.50	Sep 4	0.21	0.23	$0.22	9.1%	18.2K	0.31	19.4K
$83.50	Aug 31	0.10	0.11	$0.11	9.1%	14.4K	0.28	12.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 18	0.10	0.11	$0.11	9.1%	65.3K	0.10	118.2K
$82.00	Sep 18	0.43	0.44	$0.44	2.3%	26.2K	0.33	130.7K
$82.00	Sep 2	0.08	0.09	$0.09	11.1%	16.9K	0.17	4.4K
$83.00	Sep 18	0.83	0.85	$0.84	2.4%	15.6K	0.53	76.4K
$82.50	Aug 28	0.00	0.01	$0.01	100.0%	12.9K	0.04	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 15.0%, max 15.0%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 28	Oct 9	13.7%	11.9%	15.0%	10.7K	32.0K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 28	Oct 9	13.7%	11.9%	15.0%	8.4K	9.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 83 found (best R:R 0.56, avg 1.75)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$79.50	$80.00	Oct 2	$0.32	$0.18	$0.32	100%	0.56	$79.82
$82.00	$82.50	Sep 18	$0.32	$0.18	$0.32	73%	0.56	$82.32
$82.50	$83.00	Sep 9	$0.29	$0.21	$0.29	70%	0.72	$82.79
$82.50	$83.00	Sep 11	$0.28	$0.22	$0.28	65%	0.79	$82.78
$84.50	$85.00	Sep 25	$0.10	$0.40	$0.10	26%	4.00	$84.60

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.50	$83.00	Aug 28	$0.32	$0.18	$0.32	95%	0.56	$83.18
$83.00	$82.00	Sep 30	$0.41	$0.59	$0.41	53%	1.44	$82.59
$84.00	$83.00	Sep 30	$0.59	$0.41	$0.59	66%	0.69	$83.41
$83.00	$82.50	Oct 9	$0.24	$0.26	$0.24	54%	1.08	$82.76
$82.50	$82.00	Sep 18	$0.17	$0.33	$0.17	43%	1.94	$82.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 46 found (best R:R 0.92, avg 0.50)

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	60%	0.67	$83.70
$83.50	$84.00	Sep 25	$0.19	$0.19	$0.31	59%	0.61	$83.69
$84.00	$84.50	Sep 25	$0.15	$0.15	$0.35	67%	0.43	$84.15
$84.00	$85.00	Sep 30	$0.26	$0.26	$0.74	66%	0.35	$84.26
$84.00	$84.50	Oct 9	$0.16	$0.16	$0.34	65%	0.47	$84.16

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.50	Sep 2	$0.24	$0.24	$0.26	45%	0.92	$82.76
$83.00	$82.50	Aug 31	$0.13	$0.13	$0.37	58%	0.35	$82.87
$82.50	$82.00	Sep 2	$0.12	$0.12	$0.38	66%	0.32	$82.38
$82.50	$82.00	Sep 4	$0.15	$0.15	$0.35	62%	0.43	$82.35
$83.00	$82.50	Sep 4	$0.24	$0.24	$0.26	45%	0.92	$82.76

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 212 found (cheapest 0.28% of stock, avg 4.23%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 28	$0.18	$0.05	$0.23	$82.77	$83.23	0.28%
$83.50	Aug 28	$0.01	$0.37	$0.38	$83.12	$83.88	0.46%
$83.00	Aug 31	$0.33	$0.19	$0.52	$82.48	$83.52	0.63%
$83.50	Aug 31	$0.11	$0.48	$0.59	$82.91	$84.09	0.71%
$82.50	Aug 28	$0.62	$0.01	$0.63	$81.87	$83.13	0.76%
$82.50	Aug 31	$0.69	$0.06	$0.75	$81.75	$83.25	0.90%
$83.00	Sep 2	$0.35	$0.45	$0.80	$82.20	$83.80	0.96%
$84.00	Aug 28	$0.01	$0.89	$0.90	$83.10	$84.90	1.08%
$82.50	Sep 2	$0.71	$0.21	$0.92	$81.58	$83.42	1.11%
$84.00	Aug 31	$0.03	$0.90	$0.93	$83.07	$84.93	1.12%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 206 found (cheapest 0.06% of stock, avg 0.94%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$84.00	$82.00	Aug 31	$0.03	$0.02	$0.05	$81.95	$84.05
$84.50	$81.50	Sep 2	$0.03	$0.03	$0.06	$81.44	$84.56
$83.50	$83.00	Aug 28	$0.01	$0.05	$0.06	$82.94	$83.56
$85.00	$81.00	Sep 4	$0.04	$0.04	$0.08	$80.92	$85.08
$84.00	$81.50	Sep 2	$0.06	$0.03	$0.09	$81.41	$84.09
$84.00	$82.50	Aug 31	$0.03	$0.06	$0.09	$82.41	$84.09
$84.50	$81.00	Sep 4	$0.07	$0.04	$0.11	$80.89	$84.61
$85.00	$81.50	Sep 4	$0.04	$0.08	$0.12	$81.38	$85.12
$84.50	$82.00	Sep 2	$0.03	$0.09	$0.12	$81.88	$84.62
$85.00	$80.50	Sep 9	$0.08	$0.05	$0.13	$80.37	$85.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 1.17, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/84	Oct 9	$0.27	$0.23	37%	1.17	$80.73	$84.27
81/82	84/84	Oct 9	$0.30	$0.20	31%	1.50	$81.20	$84.30
81/82	84/85	Oct 2	$0.25	$0.25	40%	1.00	$81.25	$84.75
81/82	84/84	Oct 2	$0.28	$0.22	34%	1.27	$81.22	$84.28
81/82	84/84	Sep 25	$0.25	$0.25	40%	1.00	$81.25	$84.25
80/81	84/85	Oct 9	$0.23	$0.27	43%	0.85	$80.77	$84.73
81/82	84/85	Oct 9	$0.26	$0.24	37%	1.08	$81.24	$84.76
82/82	84/84	Sep 18	$0.26	$0.24	36%	1.08	$81.74	$84.26
81/82	84/85	Sep 25	$0.20	$0.30	47%	0.67	$81.30	$84.70
82/82	84/84	Sep 9	$0.23	$0.27	39%	0.85	$81.77	$83.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 81 found (best R:R 0.85, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.50	$83.00	$83.50	Aug 28	$0.27	$0.23	90%	0.85
$82.00	$82.50	$83.00	Sep 2	$0.08	$0.42	49%	5.25
$82.00	$82.50	$83.00	Sep 4	$0.09	$0.41	51%	4.56
$83.00	$83.50	$84.00	Aug 28	$0.17	$0.33	68%	1.94
$81.00	$82.00	$83.00	Sep 30	$0.15	$0.85	36%	5.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.50	$83.00	$83.50	Aug 28	$0.28	$0.22	91%	0.79
$83.00	$83.50	$84.00	Aug 28	$0.20	$0.30	68%	1.50
$81.00	$82.00	$83.00	Sep 30	$0.15	$0.85	31%	5.67
$83.00	$83.50	$84.00	Aug 31	$0.13	$0.37	49%	2.85
$82.50	$83.00	$83.50	Aug 31	$0.16	$0.34	55%	2.12

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 140 found (best net $-1.18, 128 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 2	-$2.13	$0.87
$82.00	$82.50	1:2	Aug 28	-$0.12	$0.38
$82.00	$82.50	1:2	Aug 31	-$0.23	$0.27
$83.00	$84.00	1:2	Sep 30	-$0.17	$0.83
$82.00	$82.50	1:2	Sep 2	-$0.27	$0.23

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.18	$3.32
$84.00	$83.50	1:2	Aug 31	-$0.06	$0.44
$83.00	$82.00	1:2	Sep 30	-$0.18	$0.82
$83.50	$83.00	1:2	Sep 2	-$0.10	$0.40
$84.00	$83.00	1:2	Sep 30	-$0.41	$0.59

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 60 found (best yield 1.08%, avg 0.31%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.50	Oct 9	$0.90	0.41	0.5%	1.08%	1.53%	104	201
$84.00	Oct 9	$0.71	0.35	1.1%	0.85%	1.90%	99	72
$83.50	Oct 2	$0.82	0.41	0.5%	0.99%	1.43%	3.8K	900
$84.50	Oct 9	$0.55	0.29	1.6%	0.66%	2.31%	16	11
$84.00	Oct 2	$0.62	0.34	1.1%	0.75%	1.79%	529	1.6K
$84.00	Sep 30	$0.60	0.34	1.1%	0.72%	1.77%	40.3K	52.8K
$85.00	Oct 9	$0.43	0.24	2.2%	0.52%	2.77%	27	146
$83.50	Sep 25	$0.72	0.41	0.5%	0.87%	1.31%	3.6K	5.7K
$84.50	Oct 2	$0.47	0.27	1.6%	0.57%	2.21%	403	547
$84.00	Sep 25	$0.53	0.33	1.1%	0.64%	1.68%	417	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 263,095

Total Puts 195,136

Put/Call Ratio 0.74

Net Difference 67,959

Prior's Put/Call Breakdown

Total Calls 71,792

Total Puts 42,561

Put/Call Ratio 0.59

Net Difference 29,231

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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