TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.90 -0.28%

(8/28 14:00) ◀

Friday, August 28, 2026 (3:00pm)

▶ (8/28 15:26)

◀ 8/28 15:00 ▶

Option Volume

Detail

ℹ

Current (08/28 3:00pm) 578,851

Calls: 351,328 (61%)

Puts: 227,523 (39%)

Prior (08/27) 234,617

Calls: 130,504 (56%)

Puts: 104,113 (44%)

Current vs Prior +146.72%

Calls: +169.21% (Calls)

Puts: +118.53% (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 +27.99%

Calls: +34.04%

Puts: +19.65%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/28 3:00pm) $18.20M

Calls: $10.14M (56%)

Puts: $8.06M (44%)

Prior (08/27) $8.45M

Calls: $5.85M (69%)

Puts: $2.60M (31%)

Current vs Prior +115.35%

Calls: +73.25%

Puts: +210.23%

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 -22.64%

Calls: -23.92%

Puts: -20.96%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28 3:00pm) 0.65

Prior (08/27) 0.80

Current vs Prior -18.82%

Prior 7-Day Average 0.76

Current vs Prior 7-Day Avg -14.52%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/28 3:00pm) 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 0.63% | 0.92%0.63% | 1.46%2.27% | 3.76%

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

Current vs Prior -33.15% | -19.78%-33.15% | -16.32%-8.04% | -4.90%

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

Current vs 7-Day Avg -32.36% | -22.14%-39.52% | -16.40%+27.94% | +3.55%

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

Current vs 7-Day Eod -33.15% | -19.78%-32.28% | -16.32%-8.04% | -5.19%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 8.97% | 4.91%

Calls: 10.26% | 6.25%

Puts: 7.69% | 3.57%

Prior 3.74% | 3.07%

Calls: 3.13% | 2.44%

Puts: 4.35% | 3.70%

Current vs Prior +139.84% | +59.93%

Prior 7-Day Avg 6.13% | 3.39%

Calls: 6.65% | 2.99%

Puts: 5.60% | 3.79%

Current vs 7-Day Avg +46.43% | +44.84%

Liquidity Acceptable

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🤖 AI Insights

Massive premium surge with dollar volume up 115% vs prior. Unusually high activity with volume up 147% vs prior - elevated interest. Bullish P/C ratio of 0.65. 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 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
15:00	BULLISH	BULLISH	BULLISH
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

📈 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 336 of results (avg 3.2%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Aug 28	12.85	12.95	$12.90	0.8%	25	1.00	17
$70.00	Sep 2	12.85	12.95	$12.90	0.8%	--	1.00	16
$70.00	Sep 4	12.85	12.95	$12.90	0.8%	--	1.00	64
$70.00	Sep 9	12.85	12.95	$12.90	0.8%	4	1.00	--
$70.00	Sep 11	12.85	12.95	$12.90	0.8%	--	1.00	166

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$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	--
$83.50	Sep 11	1.14	1.15	$1.15	0.9%	766	0.71	570
$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. 149 found (avg $0.34, cheapest $0.13)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 28	0.37	0.41	$0.39	10.3%	5.2K	0.95	65.3K
$83.00	Aug 31	0.17	0.18	$0.18	5.6%	5.8K	0.42	19.7K
$83.50	Sep 2	0.07	0.08	$0.08	12.5%	2.7K	0.17	3.2K
$83.00	Sep 2	0.20	0.21	$0.21	4.8%	2.7K	0.37	1.4K
$84.00	Sep 4	0.06	0.07	$0.07	14.3%	2.9K	0.12	45.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 28	0.12	0.13	$0.13	7.7%	14.5K	0.74	9.2K
$82.50	Aug 31	0.07	0.08	$0.08	12.5%	3.5K	0.24	5.3K
$83.00	Aug 31	0.27	0.28	$0.28	3.6%	7.5K	0.58	2.7K
$82.00	Sep 2	0.11	0.12	$0.12	8.3%	17.3K	0.24	4.4K
$81.50	Sep 4	0.08	0.09	$0.09	11.1%	563	0.15	1.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 260 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	4.95	$4.90	2.0%	--	1.00	11
$79.00	Aug 31	3.85	3.95	$3.90	2.6%	--	1.00	22
$80.00	Aug 31	2.84	2.94	$2.89	3.5%	16	1.00	31
$80.50	Aug 31	2.34	2.45	$2.40	4.6%	1	1.00	4
$81.00	Aug 31	1.87	1.95	$1.91	4.2%	6	1.00	474

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Aug 28	1.06	1.17	$1.12	9.8%	295	1.00	464
$84.50	Aug 28	1.57	1.67	$1.62	6.2%	2	1.00	--
$85.00	Aug 28	2.07	2.16	$2.12	4.2%	11	1.00	4
$85.50	Aug 28	2.56	2.67	$2.62	4.2%	5	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. 415 active (total vol 577.9K, top 65.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 30	0.52	0.53	$0.53	1.9%	41.5K	0.31	52.8K
$83.50	Aug 28	0.00	0.01	$0.01	100.0%	34.2K	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	0.02	0.03	$0.03	33.3%	23.6K	0.26	32.0K
$83.50	Sep 4	0.14	0.15	$0.15	6.7%	21.2K	0.23	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%	65.9K	0.11	118.2K
$82.00	Sep 18	0.49	0.50	$0.50	2.0%	28.0K	0.38	130.7K
$82.00	Sep 2	0.11	0.12	$0.12	8.3%	17.3K	0.24	4.4K
$83.00	Sep 18	0.94	0.96	$0.95	2.1%	15.9K	0.57	76.4K
$83.00	Aug 28	0.12	0.13	$0.13	7.7%	14.5K	0.74	9.2K

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 36.5%, max 36.5%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 28	Oct 9	16.0%	11.7%	36.5%	23.9K	32.0K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.00	Aug 28	Oct 9	16.0%	11.7%	36.5%	14.6K	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 0.54, avg 1.78)

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	75%	0.56	$82.32
$82.50	$83.00	Aug 31	$0.30	$0.20	$0.30	77%	0.67	$82.80
$82.00	$82.50	Sep 18	$0.30	$0.20	$0.30	68%	0.67	$82.30
$82.50	$83.00	Sep 9	$0.24	$0.26	$0.24	60%	1.08	$82.74
$85.00	$86.00	Sep 30	$0.12	$0.88	$0.12	19%	7.33	$85.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$89.00	$88.00	Oct 2	$0.65	$0.35	$0.65	95%	0.54	$88.35
$86.50	$86.00	Oct 2	$0.17	$0.33	$0.17	90%	1.94	$86.33
$86.00	$85.50	Oct 2	$0.29	$0.21	$0.29	87%	0.72	$85.71
$83.00	$82.00	Sep 30	$0.45	$0.55	$0.45	56%	1.22	$82.55
$82.50	$82.00	Oct 9	$0.22	$0.28	$0.22	52%	1.27	$82.28

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 0.47)

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	Aug 31	$0.13	$0.13	$0.37	58%	0.35	$83.13
$83.00	$83.50	Sep 2	$0.13	$0.13	$0.37	63%	0.35	$83.13
$84.00	$85.00	Sep 30	$0.24	$0.24	$0.76	69%	0.32	$84.24
$83.00	$83.50	Oct 2	$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	$0.11	$0.11	$0.39	71%	0.28	$81.89
$82.50	$82.00	Sep 2	$0.17	$0.17	$0.33	54%	0.52	$82.33
$82.00	$81.50	Sep 9	$0.12	$0.12	$0.38	68%	0.32	$81.88
$82.50	$82.00	Sep 4	$0.18	$0.18	$0.32	53%	0.56	$82.32
$82.50	$82.00	Sep 11	$0.20	$0.20	$0.30	52%	0.67	$82.30

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. 215 found (cheapest 0.19% of stock, avg 4.24%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 28	$0.03	$0.13	$0.16	$82.84	$83.16	0.19%
$82.50	Aug 28	$0.39	$0.01	$0.40	$82.10	$82.90	0.48%
$83.00	Aug 31	$0.18	$0.28	$0.46	$82.54	$83.46	0.55%
$82.50	Aug 31	$0.48	$0.08	$0.56	$81.94	$83.06	0.68%
$83.50	Aug 28	$0.01	$0.62	$0.63	$82.87	$84.13	0.76%
$83.50	Aug 31	$0.05	$0.65	$0.70	$82.80	$84.20	0.84%
$82.50	Sep 2	$0.50	$0.29	$0.79	$81.71	$83.29	0.95%
$83.00	Sep 2	$0.21	$0.58	$0.79	$82.21	$83.79	0.95%
$82.00	Aug 28	$0.88	$0.01	$0.89	$81.11	$82.89	1.07%
$82.00	Aug 31	$0.91	$0.02	$0.93	$81.07	$82.93	1.12%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 206 found (cheapest 0.05% of stock, avg 0.87%)

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	$0.03	$0.04	$0.07	$81.43	$84.07
$83.50	$82.00	Aug 31	$0.05	$0.02	$0.07	$81.93	$83.57
$84.50	$81.00	Sep 4	$0.04	$0.04	$0.08	$80.92	$84.58
$85.00	$80.50	Sep 9	$0.05	$0.05	$0.10	$80.40	$85.10
$84.00	$81.00	Sep 4	$0.07	$0.04	$0.11	$80.89	$84.11
$84.00	$82.50	Aug 31	$0.02	$0.08	$0.10	$82.40	$84.10
$83.50	$81.50	Sep 2	$0.08	$0.04	$0.12	$81.38	$83.62
$84.50	$80.50	Sep 9	$0.08	$0.05	$0.13	$80.37	$84.63
$85.00	$81.00	Sep 9	$0.05	$0.08	$0.13	$80.87	$85.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 8 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
80/81	84/84	Oct 2	$0.25	$0.25	41%	1.00	$80.75	$84.25
80/81	84/84	Oct 9	$0.26	$0.24	38%	1.08	$80.74	$84.26
80/81	84/85	Oct 9	$0.23	$0.27	43%	0.85	$80.77	$84.73
80/81	84/85	Oct 2	$0.21	$0.29	47%	0.72	$80.79	$84.71
81/82	84/84	Sep 25	$0.24	$0.26	40%	0.92	$81.26	$84.24
82/82	84/84	Sep 11	$0.25	$0.25	35%	1.00	$81.75	$83.75
80/81	84/85	Sep 30	$0.40	$0.60	44%	0.67	$80.60	$84.40
80/81	85/86	Sep 30	$0.28	$0.72	56%	0.39	$80.72	$85.28

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 82 found (best R:R 3.17, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 28	$0.13	$0.37	71%	2.85
$82.00	$82.50	$83.00	Sep 2	$0.13	$0.37	63%	2.85
$81.00	$82.00	$83.00	Sep 30	$0.16	$0.84	36%	5.25
$79.00	$80.00	$81.00	Sep 30	$0.05	$0.95	18%	19.00
$82.50	$83.00	$83.50	Aug 28	$0.34	$0.16	91%	0.47

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 28	$0.12	$0.38	72%	3.17
$82.50	$83.00	$83.50	Aug 31	$0.17	$0.33	61%	1.94
$82.50	$83.00	$83.50	Aug 28	$0.37	$0.13	91%	0.35
$82.00	$82.50	$83.00	Aug 31	$0.14	$0.36	52%	2.57
$81.50	$82.00	$82.50	Sep 4	$0.07	$0.43	32%	6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 134 found (best net $-1.43, 122 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	Sep 2	-$0.08	$0.42
$82.00	$82.50	1:2	Sep 4	-$0.16	$0.34
$83.00	$84.00	1:2	Sep 30	-$0.14	$0.86
$82.00	$83.00	1:2	Sep 30	-$0.36	$0.64

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$93.00	$88.50	1:2	Sep 25	-$1.43	$3.07
$89.00	$86.00	1:2	Oct 9	-$0.56	$2.44
$84.00	$83.50	1:2	Aug 28	-$0.12	$0.38
$84.00	$83.50	1:2	Aug 31	-$0.18	$0.32
$83.00	$82.00	1:2	Sep 30	-$0.21	$0.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 63 found (best yield 1.22%, avg 0.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 9	$1.01	0.44	0.1%	1.22%	1.34%	266	--
$83.50	Oct 9	$0.80	0.38	0.7%	0.97%	1.69%	124	201
$84.00	Oct 9	$0.62	0.32	1.3%	0.75%	2.07%	108	72
$83.00	Oct 2	$0.92	0.44	0.1%	1.11%	1.23%	1.3K	2.0K
$83.00	Sep 30	$0.91	0.45	0.1%	1.10%	1.22%	1.4K	19.9K
$83.50	Oct 2	$0.71	0.37	0.7%	0.86%	1.58%	8.2K	900
$84.50	Oct 9	$0.48	0.26	1.9%	0.58%	2.51%	43	11
$83.00	Sep 25	$0.82	0.45	0.1%	0.99%	1.11%	369	2.9K
$84.00	Sep 30	$0.52	0.31	1.3%	0.63%	1.95%	41.5K	52.8K
$84.00	Oct 2	$0.53	0.30	1.3%	0.64%	1.97%	604	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 351,328

Total Puts 227,523

Put/Call Ratio 0.65

Net Difference 123,805

Prior's Put/Call Breakdown

Total Calls 130,504

Total Puts 104,113

Put/Call Ratio 0.80

Net Difference 26,391

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

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Price — Past 7 Days

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