TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.93 -0.24%

(8/28 13:00) ◀

Friday, August 28, 2026 (2:00pm)

▶ (8/28 15:00)

◀ 8/28 14:00 ▶

Option Volume

Detail

ℹ

Current (08/28 2:00pm) 543,849

Calls: 328,567 (60%)

Puts: 215,282 (40%)

Prior (08/27) 188,802

Calls: 102,273 (54%)

Puts: 86,529 (46%)

Current vs Prior +188.05%

Calls: +221.26% (Calls)

Puts: +148.80% (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 +20.25%

Calls: +25.36%

Puts: +13.21%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/28 2:00pm) $17.24M

Calls: $9.64M (56%)

Puts: $7.60M (44%)

Prior (08/27) $6.91M

Calls: $4.60M (67%)

Puts: $2.31M (33%)

Current vs Prior +149.64%

Calls: +109.66%

Puts: +229.34%

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 -26.72%

Calls: -27.67%

Puts: -25.48%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28 2:00pm) 0.66

Prior (08/27) 0.85

Current vs Prior -22.56%

Prior 7-Day Average 0.76

Current vs Prior 7-Day Avg -13.52%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/28 2:00pm) 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% | 0.95%0.68% | 1.50%2.30% | 3.80%

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

Current vs Prior -28.03% | -16.64%-28.03% | -14.28%-6.61% | -4.03%

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

Current vs 7-Day Avg -27.18% | -19.09%-34.89% | -14.36%+29.94% | +4.51%

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

Current vs 7-Day Eod -28.03% | -16.64%-27.10% | -14.28%-6.61% | -4.32%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 11.21% | 4.73%

Calls: 13.33% | 5.77%

Puts: 9.09% | 3.70%

Prior 3.74% | 3.07%

Calls: 3.13% | 2.44%

Puts: 4.35% | 3.70%

Current vs Prior +199.73% | +54.07%

Prior 7-Day Avg 6.13% | 3.39%

Calls: 6.65% | 2.99%

Puts: 5.60% | 3.79%

Current vs 7-Day Avg +83.00% | +39.53%

Liquidity Acceptable

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Massive premium surge with dollar volume up 150% vs prior. Unusually high activity with volume up 188% vs prior - elevated interest. Bullish P/C ratio of 0.66. P/C ratio dropping 23% - 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
14:00	BULLISH	BULLISH	BULLISH
13:00	BULLISH	BULLISH	BULLISH
12:00	BULLISH	BULLISH	BULLISH
11:00	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BEARISH	BEARISH

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💰 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

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Tightest Spreads

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Best Value <$1

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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 334 of results (avg 3.2%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 9	1.61	1.62	$1.62	0.6%	44	0.62	--
$82.00	Sep 30	1.52	1.53	$1.53	0.7%	748	0.64	7.6K
$82.00	Sep 25	1.43	1.44	$1.44	0.7%	188	0.65	1.4K
$82.00	Sep 18	1.27	1.28	$1.27	0.8%	849	0.68	86.0K
$82.50	Sep 25	1.12	1.13	$1.13	0.9%	326	0.55	6.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$99.00	Sep 30	16.30	16.45	$16.38	0.9%	--	0.99	172
$83.00	Sep 25	1.03	1.04	$1.04	1.0%	269	0.55	463
$98.00	Sep 18	15.30	15.45	$15.38	1.0%	--	0.99	16
$84.00	Oct 9	1.97	1.99	$1.98	1.0%	188	0.68	--
$97.00	Sep 18	14.30	14.45	$14.38	1.0%	--	0.99	298

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 154 found (avg $0.33, cheapest $0.11)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 31	0.05	0.06	$0.06	16.7%	15.8K	0.17	12.3K
$83.00	Aug 31	0.20	0.21	$0.21	4.8%	5.7K	0.45	19.7K
$82.50	Aug 28	0.42	0.48	$0.45	13.3%	4.6K	0.95	65.3K
$83.50	Sep 2	0.08	0.09	$0.09	11.1%	2.5K	0.18	3.2K
$83.00	Sep 2	0.23	0.24	$0.24	4.2%	2.6K	0.40	1.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 28	0.10	0.11	$0.11	9.1%	11.7K	0.64	9.2K
$82.50	Aug 31	0.07	0.08	$0.08	12.5%	1.9K	0.23	5.3K
$83.00	Aug 31	0.26	0.27	$0.27	3.7%	5.2K	0.55	2.7K
$82.00	Sep 2	0.11	0.12	$0.12	8.3%	17.1K	0.23	4.4K
$83.50	Aug 28	0.54	0.63	$0.59	15.3%	8.7K	0.97	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	4.85	5.00	$4.93	3.0%	--	1.00	11
$79.00	Aug 31	3.85	4.00	$3.93	3.8%	--	1.00	22
$80.00	Aug 31	2.88	3.00	$2.94	4.1%	16	1.00	31
$80.50	Aug 31	2.38	2.50	$2.44	4.9%	1	1.00	4
$81.00	Aug 31	1.89	1.97	$1.93	4.1%	6	1.00	474

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Aug 28	1.05	1.11	$1.08	5.6%	295	1.00	464
$84.50	Aug 28	1.51	1.63	$1.57	7.6%	2	1.00	--
$85.00	Aug 28	2.04	2.13	$2.09	4.3%	11	1.00	4
$85.50	Aug 28	2.54	2.63	$2.59	3.5%	5	1.00	--
$86.00	Aug 28	3.00	3.15	$3.08	4.9%	4	1.00	1

Most actively traded options today. High liquidity = easy entry/exit. 402 active (total vol 542.9K, top 65.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 30	0.55	0.56	$0.56	1.8%	40.4K	0.32	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	0.03	20.5K
$83.00	Aug 28	0.04	0.05	$0.05	20.0%	22.8K	0.37	32.0K
$83.50	Sep 4	0.15	0.16	$0.16	6.3%	20.1K	0.24	19.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 18	0.11	0.12	$0.12	8.3%	65.4K	0.11	118.2K
$82.00	Sep 18	0.49	0.50	$0.50	2.0%	27.9K	0.37	130.7K
$82.00	Sep 2	0.11	0.12	$0.12	8.3%	17.1K	0.23	4.4K
$83.00	Sep 18	0.93	0.95	$0.94	2.1%	15.9K	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 14.2%, max 14.2%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 28	Oct 9	13.6%	11.9%	14.2%	23.1K	32.0K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 28	Oct 9	13.6%	11.9%	14.2%	11.8K	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 2.33, avg 1.77)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$76.00	$77.00	Oct 2	$0.30	$0.70	$0.30	100%	2.33	$76.30
$82.00	$82.50	Sep 11	$0.33	$0.17	$0.33	76%	0.52	$82.33
$82.50	$83.00	Aug 31	$0.31	$0.19	$0.31	78%	0.61	$82.81
$82.00	$82.50	Sep 18	$0.30	$0.20	$0.30	68%	0.67	$82.30
$82.50	$83.00	Sep 9	$0.25	$0.25	$0.25	62%	1.00	$82.75

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$86.50	$86.00	Oct 2	$0.15	$0.35	$0.15	89%	2.33	$86.35
$86.00	$85.50	Oct 2	$0.31	$0.19	$0.31	87%	0.61	$85.69
$83.00	$82.00	Sep 30	$0.44	$0.56	$0.44	55%	1.27	$82.56
$82.50	$82.00	Sep 25	$0.19	$0.31	$0.19	48%	1.63	$82.31
$83.00	$82.50	Oct 2	$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 0.43, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$83.50	Sep 2	$0.15	$0.15	$0.35	60%	0.43	$83.15
$83.00	$84.00	Sep 30	$0.40	$0.40	$0.60	54%	0.67	$83.40
$83.00	$83.50	Aug 31	$0.15	$0.15	$0.35	55%	0.43	$83.15
$84.00	$85.00	Sep 30	$0.25	$0.25	$0.75	68%	0.33	$84.25
$83.00	$83.50	Oct 2	$0.22	$0.22	$0.28	55%	0.79	$83.22

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$82.00	Sep 2	$0.16	$0.16	$0.34	57%	0.47	$82.34
$82.00	$81.50	Sep 4	$0.10	$0.10	$0.40	72%	0.25	$81.90
$82.50	$82.00	Sep 4	$0.17	$0.17	$0.33	55%	0.52	$82.33
$82.00	$81.50	Sep 11	$0.13	$0.13	$0.37	66%	0.35	$81.87
$81.50	$81.00	Sep 18	$0.11	$0.11	$0.39	72%	0.28	$81.39

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	13.6%	8.1%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$83.00	Aug 28	Aug 31	$0.16	13.6%	8.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 214 found (cheapest 0.19% of stock, avg 4.24%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 28	$0.05	$0.11	$0.16	$82.84	$83.16	0.19%
$82.50	Aug 28	$0.45	$0.01	$0.46	$82.04	$82.96	0.55%
$83.00	Aug 31	$0.21	$0.27	$0.48	$82.52	$83.48	0.58%
$83.50	Aug 28	$0.01	$0.59	$0.60	$82.90	$84.10	0.72%
$82.50	Aug 31	$0.52	$0.08	$0.60	$81.90	$83.10	0.72%
$83.50	Aug 31	$0.06	$0.63	$0.69	$82.81	$84.19	0.83%
$83.00	Sep 2	$0.24	$0.56	$0.80	$82.20	$83.80	0.96%
$82.50	Sep 2	$0.54	$0.28	$0.82	$81.68	$83.32	0.99%
$82.00	Aug 28	$0.94	$0.01	$0.95	$81.05	$82.95	1.15%
$83.00	Sep 4	$0.32	$0.64	$0.96	$82.04	$83.96	1.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 206 found (cheapest 0.05% of stock, avg 0.90%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$84.00	$82.00	Aug 31	$0.02	$0.02	$0.04	$81.96	$84.04
$84.00	$81.50	Sep 2	$0.04	$0.04	$0.08	$81.42	$84.08
$84.50	$81.00	Sep 4	$0.04	$0.05	$0.09	$80.91	$84.59
$83.50	$82.00	Aug 31	$0.06	$0.02	$0.08	$81.92	$83.58
$85.00	$80.50	Sep 9	$0.06	$0.05	$0.11	$80.39	$85.11
$84.00	$82.50	Aug 31	$0.02	$0.08	$0.10	$82.40	$84.10
$84.00	$81.00	Sep 4	$0.08	$0.05	$0.13	$80.87	$84.13
$83.50	$81.50	Sep 2	$0.09	$0.04	$0.13	$81.37	$83.63
$84.50	$80.50	Sep 9	$0.09	$0.05	$0.14	$80.36	$84.64
$83.50	$82.50	Aug 31	$0.06	$0.08	$0.14	$82.36	$83.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 8 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	38%	1.17	$80.73	$84.27
80/81	84/84	Oct 2	$0.25	$0.25	40%	1.00	$80.75	$84.25
80/81	84/85	Oct 2	$0.22	$0.28	46%	0.79	$80.78	$84.72
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
82/82	84/84	Sep 11	$0.25	$0.25	35%	1.00	$81.75	$83.75
80/81	84/85	Sep 30	$0.41	$0.59	44%	0.69	$80.59	$84.41
80/81	85/86	Sep 30	$0.29	$0.71	55%	0.41	$80.71	$85.29

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 77 found (best R:R 4.56, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 28	$0.09	$0.41	60%	4.56
$82.00	$82.50	$83.00	Sep 2	$0.12	$0.38	60%	3.17
$81.00	$82.00	$83.00	Sep 30	$0.14	$0.86	36%	6.14
$79.00	$80.00	$81.00	Sep 30	$0.05	$0.95	19%	19.00
$82.00	$82.50	$83.00	Sep 4	$0.11	$0.39	50%	3.55

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 28	$0.10	$0.40	61%	4.00
$82.50	$83.00	$83.50	Aug 31	$0.17	$0.33	60%	1.94
$82.50	$83.00	$83.50	Aug 28	$0.38	$0.12	93%	0.32
$82.00	$82.50	$83.00	Aug 31	$0.13	$0.37	50%	2.85
$83.00	$83.50	$84.00	Aug 31	$0.09	$0.41	39%	4.56

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 139 found (best net $-1.38, 127 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 2	-$1.93	$1.07
$82.00	$82.50	1:2	Aug 31	-$0.09	$0.41
$82.00	$82.50	1:2	Sep 2	-$0.12	$0.38
$83.00	$84.00	1:2	Sep 30	-$0.16	$0.84
$82.00	$82.50	1:2	Sep 4	-$0.21	$0.29

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.38	$3.12
$84.00	$83.50	1:2	Aug 28	-$0.10	$0.40
$84.00	$83.50	1:2	Aug 31	-$0.18	$0.32
$83.00	$82.00	1:2	Sep 30	-$0.21	$0.79
$83.50	$83.00	1:2	Sep 2	-$0.16	$0.34

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 65 found (best yield 1.27%, avg 0.36%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 9	$1.05	0.45	0.1%	1.27%	1.35%	266	--
$83.50	Oct 9	$0.83	0.38	0.7%	1.00%	1.69%	114	201
$83.00	Oct 2	$0.96	0.45	0.1%	1.16%	1.24%	1.1K	2.0K
$83.00	Sep 30	$0.95	0.46	0.1%	1.15%	1.23%	1.4K	19.9K
$84.00	Oct 9	$0.65	0.32	1.3%	0.78%	2.07%	100	72
$83.50	Oct 2	$0.74	0.38	0.7%	0.89%	1.58%	8.0K	900
$84.50	Oct 9	$0.50	0.27	1.9%	0.60%	2.50%	42	11
$83.00	Sep 25	$0.86	0.46	0.1%	1.04%	1.12%	162	2.9K
$84.00	Oct 2	$0.56	0.31	1.3%	0.68%	1.97%	592	1.6K
$84.00	Sep 30	$0.55	0.32	1.3%	0.66%	1.95%	40.4K	52.8K

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 328,567

Total Puts 215,282

Put/Call Ratio 0.66

Net Difference 113,285

Prior's Put/Call Breakdown

Total Calls 102,273

Total Puts 86,529

Put/Call Ratio 0.85

Net Difference 15,744

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

🤖 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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