TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.88 -0.30%

(8/28 12:01) ◀

Friday, August 28, 2026 (1:00pm)

▶ (8/28 14:00)

◀ 8/28 13:00 ▶

Option Volume

Detail

ℹ

Current (08/28 1:00pm) 517,912

Calls: 309,375 (60%)

Puts: 208,537 (40%)

Prior (08/27) 170,219

Calls: 88,432 (52%)

Puts: 81,787 (48%)

Current vs Prior +204.26%

Calls: +249.85% (Calls)

Puts: +154.98% (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 +14.52%

Calls: +18.03%

Puts: +9.67%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/28 1:00pm) $16.44M

Calls: $8.73M (53%)

Puts: $7.71M (47%)

Prior (08/27) $6.28M

Calls: $4.23M (67%)

Puts: $2.05M (33%)

Current vs Prior +161.72%

Calls: +106.30%

Puts: +276.03%

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 -30.12%

Calls: -34.53%

Puts: -24.35%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28 1:00pm) 0.67

Prior (08/27) 0.92

Current vs Prior -27.12%

Prior 7-Day Average 0.76

Current vs Prior 7-Day Avg -11.02%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/28 1:00pm) 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 0.68% | 1.00%0.68% | 1.53%2.33% | 3.80%

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

Current vs Prior -27.99% | -12.37%-27.99% | -12.15%-5.57% | -3.97%

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

Current vs 7-Day Avg -27.14% | -14.95%-34.85% | -12.24%+31.38% | +4.57%

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

Current vs 7-Day Eod -27.99% | -12.37%-27.05% | -12.15%-5.57% | -4.26%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 16.25% | 4.50%

Calls: 20.00% | 5.88%

Puts: 12.50% | 3.13%

Prior 3.74% | 3.07%

Calls: 3.13% | 2.44%

Puts: 4.35% | 3.70%

Current vs Prior +334.49% | +46.58%

Prior 7-Day Avg 6.13% | 3.39%

Calls: 6.65% | 2.99%

Puts: 5.60% | 3.79%

Current vs 7-Day Avg +165.28% | +32.74%

Liquidity Acceptable

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🤖 AI Insights

Massive premium surge with dollar volume up 162% vs prior. Unusually high activity with volume up 204% vs prior - elevated interest. Bullish P/C ratio of 0.67. 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 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
13:00	BULLISH	BULLISH	BULLISH
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 342 of results (avg 3.4%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	1.25	1.26	$1.25	0.8%	655	0.67	86.0K
$83.00	Oct 2	0.95	0.96	$0.96	1.0%	985	0.44	2.0K
$81.50	Oct 9	1.91	1.93	$1.92	1.0%	78	0.70	41
$81.50	Oct 2	1.84	1.86	$1.85	1.1%	6	0.71	193
$70.00	Sep 9	12.85	13.00	$12.93	1.2%	4	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Oct 2	1.61	1.62	$1.62	0.6%	810	0.64	150
$97.00	Aug 28	14.05	14.15	$14.10	0.7%	13	1.00	--
$96.00	Aug 28	13.05	13.15	$13.10	0.8%	13	1.00	--
$95.00	Aug 28	12.05	12.15	$12.10	0.8%	9	1.00	--
$94.00	Aug 28	11.05	11.15	$11.10	0.9%	9	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 157 found (avg $0.33, cheapest $0.16)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 31	0.06	0.07	$0.07	14.3%	15.6K	0.18	12.3K
$83.00	Aug 31	0.20	0.21	$0.21	4.8%	5.5K	0.42	19.7K
$83.50	Sep 2	0.09	0.10	$0.10	10.0%	2.3K	0.19	3.2K
$83.00	Sep 2	0.23	0.25	$0.24	8.3%	2.4K	0.38	1.4K
$84.00	Sep 4	0.08	0.09	$0.09	11.1%	2.3K	0.14	45.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 28	0.15	0.17	$0.16	12.5%	10.6K	0.69	9.2K
$82.50	Aug 31	0.10	0.11	$0.11	9.1%	1.8K	0.28	5.3K
$83.00	Aug 31	0.31	0.32	$0.32	3.1%	5.1K	0.58	2.7K
$82.00	Sep 2	0.13	0.14	$0.14	7.1%	17.0K	0.25	4.4K
$83.50	Aug 28	0.56	0.64	$0.60	13.3%	8.6K	0.96	5.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 259 found (avg delta 0.91, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Aug 31	4.80	4.95	$4.88	3.1%	--	1.00	11
$79.00	Aug 31	3.80	4.00	$3.90	5.1%	--	1.00	22
$80.00	Aug 31	2.83	2.95	$2.89	4.2%	16	1.00	31
$80.50	Aug 31	2.33	2.46	$2.40	5.4%	1	1.00	4
$81.00	Aug 31	1.84	1.96	$1.90	6.3%	1	1.00	474

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Aug 28	1.06	1.16	$1.11	9.0%	294	1.00	464
$84.50	Aug 28	1.55	1.64	$1.60	5.6%	2	1.00	--
$85.00	Aug 28	2.05	2.14	$2.09	4.3%	11	1.00	4
$85.50	Aug 28	2.55	2.64	$2.60	3.5%	4	1.00	--
$86.00	Aug 28	3.05	3.15	$3.10	3.2%	4	1.00	1

Most actively traded options today. High liquidity = easy entry/exit. 393 active (total vol 517.0K, top 65.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 30	0.54	0.55	$0.55	1.8%	40.4K	0.31	52.8K
$83.50	Aug 28	0.00	0.01	$0.01	100.0%	34.1K	0.04	21.4K
$84.00	Aug 28	0.00	0.01	$0.01	100.0%	23.9K	0.02	20.5K
$83.00	Aug 28	0.04	0.05	$0.05	20.0%	20.8K	0.31	32.0K
$83.50	Sep 4	0.16	0.17	$0.17	5.9%	18.8K	0.24	19.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 18	0.12	0.13	$0.13	7.7%	65.4K	0.12	118.2K
$82.00	Sep 18	0.52	0.53	$0.53	1.9%	26.4K	0.38	130.7K
$82.00	Sep 2	0.13	0.14	$0.14	7.1%	17.0K	0.25	4.4K
$83.00	Sep 18	0.97	0.99	$0.98	2.0%	15.8K	0.57	76.4K
$82.50	Aug 28	0.00	0.01	$0.01	100.0%	14.1K	0.05	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 20.6%, max 20.6%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 28	Oct 9	14.4%	12.0%	20.6%	21.0K	32.0K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 28	Oct 9	14.4%	12.0%	20.6%	10.7K	9.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 82 found (best R:R 1.04, avg 1.71)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$82.50	Sep 11	$0.32	$0.18	$0.32	73%	0.56	$82.32
$82.00	$82.50	Sep 18	$0.30	$0.20	$0.30	67%	0.67	$82.30
$81.50	$82.00	Oct 2	$0.33	$0.17	$0.33	71%	0.52	$81.83
$82.50	$83.00	Sep 11	$0.24	$0.26	$0.24	57%	1.08	$82.74
$84.00	$84.50	Sep 25	$0.12	$0.38	$0.12	30%	3.17	$84.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$86.00	$85.00	Oct 9	$0.49	$0.51	$0.49	85%	1.04	$85.51
$85.00	$84.50	Oct 9	$0.33	$0.17	$0.33	78%	0.52	$84.67
$84.50	$84.00	Oct 2	$0.33	$0.17	$0.33	75%	0.52	$84.17
$83.00	$82.00	Sep 30	$0.45	$0.55	$0.45	56%	1.22	$82.55
$83.00	$82.50	Sep 18	$0.25	$0.25	$0.25	57%	1.00	$82.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 45 found (best R:R 0.64, avg 0.48)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 30	$0.39	$0.39	$0.61	55%	0.64	$83.39
$83.00	$83.50	Sep 2	$0.14	$0.14	$0.36	62%	0.39	$83.14
$83.00	$83.50	Oct 2	$0.22	$0.22	$0.28	56%	0.79	$83.22
$83.00	$83.50	Aug 31	$0.14	$0.14	$0.36	58%	0.39	$83.14
$83.00	$83.50	Oct 9	$0.22	$0.22	$0.28	56%	0.79	$83.22

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.50	Sep 4	$0.12	$0.12	$0.38	69%	0.32	$81.88
$82.50	$82.00	Sep 2	$0.18	$0.18	$0.32	54%	0.56	$82.32
$82.00	$81.50	Sep 11	$0.14	$0.14	$0.36	64%	0.39	$81.86
$82.00	$81.50	Sep 18	$0.16	$0.16	$0.34	62%	0.47	$81.84
$82.50	$82.00	Sep 4	$0.18	$0.18	$0.32	53%	0.56	$82.32

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.16, cheapest $0.16)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.16	14.4%	8.7%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.16	14.4%	8.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 214 found (cheapest 0.25% of stock, avg 4.24%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 28	$0.05	$0.16	$0.21	$82.79	$83.21	0.25%
$82.50	Aug 28	$0.40	$0.01	$0.41	$82.09	$82.91	0.49%
$83.00	Aug 31	$0.21	$0.32	$0.53	$82.47	$83.53	0.64%
$83.50	Aug 28	$0.01	$0.60	$0.61	$82.89	$84.11	0.74%
$82.50	Aug 31	$0.51	$0.11	$0.62	$81.88	$83.12	0.75%
$83.50	Aug 31	$0.07	$0.66	$0.73	$82.77	$84.23	0.88%
$82.50	Sep 2	$0.52	$0.32	$0.84	$81.66	$83.34	1.01%
$83.00	Sep 2	$0.24	$0.61	$0.85	$82.15	$83.85	1.03%
$82.00	Aug 28	$0.89	$0.01	$0.90	$81.10	$82.90	1.09%
$82.00	Aug 31	$0.93	$0.03	$0.96	$81.04	$82.96	1.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 207 found (cheapest 0.06% of stock, avg 0.92%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$84.00	$82.00	Aug 31	$0.02	$0.03	$0.05	$81.95	$84.05
$83.00	$82.50	Aug 28	$0.05	$0.01	$0.06	$82.44	$83.06
$84.00	$81.50	Sep 2	$0.04	$0.05	$0.09	$81.41	$84.09
$84.50	$81.00	Sep 4	$0.05	$0.05	$0.10	$80.90	$84.60
$83.50	$82.00	Aug 31	$0.07	$0.03	$0.10	$81.90	$83.60
$85.00	$80.50	Sep 9	$0.06	$0.06	$0.12	$80.38	$85.12
$84.00	$81.00	Sep 4	$0.09	$0.05	$0.14	$80.86	$84.14
$83.50	$81.50	Sep 2	$0.10	$0.05	$0.15	$81.35	$83.65
$84.50	$80.50	Sep 9	$0.10	$0.06	$0.16	$80.34	$84.66
$85.00	$81.00	Sep 9	$0.06	$0.10	$0.16	$80.84	$85.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 9 found (best R:R 1.00, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	84/84	Oct 9	$0.25	$0.25	43%	1.00	$80.25	$84.25
80/81	84/84	Oct 2	$0.26	$0.24	40%	1.08	$80.74	$84.26
80/81	84/84	Oct 9	$0.27	$0.23	37%	1.17	$80.73	$84.27
80/80	84/85	Oct 9	$0.21	$0.29	48%	0.72	$80.29	$84.71
80/81	84/85	Oct 9	$0.23	$0.27	43%	0.85	$80.77	$84.73
81/82	84/84	Sep 18	$0.26	$0.24	36%	1.08	$81.24	$83.76
81/82	84/84	Sep 25	$0.24	$0.26	39%	0.92	$81.26	$84.24
80/81	85/86	Sep 30	$0.30	$0.70	54%	0.43	$80.70	$85.30
80/81	84/85	Sep 30	$0.41	$0.59	43%	0.69	$80.59	$84.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 85 found (best R:R 2.57, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 28	$0.14	$0.36	66%	2.57
$82.00	$82.50	$83.00	Sep 2	$0.13	$0.37	62%	2.85
$82.50	$83.00	$83.50	Aug 28	$0.31	$0.19	91%	0.61
$80.00	$81.00	$82.00	Sep 30	$0.11	$0.89	30%	8.09
$81.50	$82.00	$82.50	Sep 9	$0.07	$0.43	41%	6.14

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.50	$83.00	$83.50	Aug 28	$0.29	$0.21	91%	0.72
$82.00	$82.50	$83.00	Aug 28	$0.15	$0.35	67%	2.33
$82.50	$83.00	$83.50	Aug 31	$0.13	$0.37	55%	2.85
$82.00	$82.50	$83.00	Aug 31	$0.13	$0.37	49%	2.85
$81.50	$82.00	$82.50	Sep 4	$0.06	$0.44	30%	7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 147 found (best net $-1.43, 136 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 2	-$1.90	$1.10
$82.00	$82.50	1:2	Aug 31	-$0.09	$0.41
$82.00	$82.50	1:2	Sep 2	-$0.11	$0.39
$83.00	$84.00	1:2	Sep 30	-$0.16	$0.84
$82.00	$82.50	1:2	Sep 4	-$0.20	$0.30

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.43	$3.07
$84.00	$83.50	1:2	Aug 28	-$0.09	$0.41
$84.00	$83.50	1:2	Aug 31	-$0.21	$0.29
$83.00	$82.00	1:2	Sep 30	-$0.23	$0.77
$82.00	$81.00	1:2	Sep 30	-$0.10	$0.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 66 found (best yield 1.24%, avg 0.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 9	$1.03	0.44	0.1%	1.24%	1.39%	266	--
$83.50	Oct 9	$0.81	0.38	0.8%	0.98%	1.73%	114	201
$83.00	Oct 2	$0.95	0.44	0.1%	1.15%	1.29%	985	2.0K
$84.00	Oct 9	$0.64	0.32	1.4%	0.77%	2.12%	100	72
$83.00	Sep 30	$0.93	0.45	0.1%	1.12%	1.27%	1.3K	19.9K
$83.50	Oct 2	$0.73	0.37	0.8%	0.88%	1.63%	4.2K	900
$84.50	Oct 9	$0.49	0.26	1.9%	0.59%	2.55%	42	11
$83.00	Sep 25	$0.84	0.45	0.1%	1.01%	1.16%	144	2.9K
$84.00	Sep 30	$0.54	0.31	1.4%	0.65%	2.00%	40.4K	52.8K
$84.00	Oct 2	$0.55	0.30	1.4%	0.66%	2.01%	586	1.6K

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 309,375

Total Puts 208,537

Put/Call Ratio 0.67

Net Difference 100,838

Prior's Put/Call Breakdown

Total Calls 88,432

Total Puts 81,787

Put/Call Ratio 0.92

Net Difference 6,645

Prior 7-Day Put/Call Summary

Total Calls 1,834,764

Total Puts 1,331,081

Average Put/Call Ratio 0.76

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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