TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.88 -0.30%

$82.87 (-0.01%)🌙

as of 08/28 04:01 PM

(8/28 15:26) ◀

Friday, August 28, 2026 (4:00pm)

▶ (8/28 19:06)

◀ 8/28 16:01 ▶

Option Volume

Detail

ℹ

Current (08/28 4:00pm) 662,371

Calls: 419,206 (63%)

Puts: 243,165 (37%)

Prior (08/27) 303,074

Calls: 190,211 (63%)

Puts: 112,863 (37%)

Current vs Prior +118.55%

Calls: +120.39% (Calls)

Puts: +115.45% (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 +46.46%

Calls: +59.94%

Puts: +27.88%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/28 4:00pm) $20.37M

Calls: $11.86M (58%)

Puts: $8.51M (42%)

Prior (08/27) $11.09M

Calls: $8.28M (75%)

Puts: $2.81M (25%)

Current vs Prior +83.74%

Calls: +43.28%

Puts: +203.00%

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 -13.41%

Calls: -11.03%

Puts: -16.52%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28 4:00pm) 0.58

Prior (08/27) 0.59

Current vs Prior -2.24%

Prior 7-Day Average 0.76

Current vs Prior 7-Day Avg -23.43%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/28 4:00pm) 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 0.62% | 0.88%0.62% | 1.50%2.27% | 3.75%

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

Current vs Prior -6.13% | +12.97%-34.42% | -14.23%-8.02% | -5.19%

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

Current vs 7-Day Avg -5.02% | +9.65%-40.68% | -14.31%+27.97% | +3.24%

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

Current vs 7-Day Eod -6.13% | +12.97%-33.57% | -14.23%-8.02% | -5.47%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.12% | 3.78%

Calls: 6.67% | 4.17%

Puts: 3.57% | 3.39%

Prior 3.74% | 3.07%

Calls: 3.13% | 2.44%

Puts: 4.35% | 3.70%

Current vs Prior +36.90% | +23.13%

Prior 7-Day Avg 6.13% | 3.39%

Calls: 6.65% | 2.99%

Puts: 5.60% | 3.79%

Current vs 7-Day Avg -16.42% | +11.50%

Liquidity Acceptable

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🤖 AI Insights

Elevated premium activity with dollar volume up 84% vs prior. Unusually high activity with volume up 119% vs prior - elevated interest. Bullish P/C ratio of 0.58. 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 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
16:00	BULLISH	BULLISH	BULLISH
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 329 of results (avg 3.3%, best 0.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Oct 9	1.26	1.27	$1.27	0.8%	289	0.52	10
$82.00	Sep 18	1.21	1.22	$1.21	0.8%	1.3K	0.68	86.0K
$72.00	Aug 28	10.85	10.95	$10.90	0.9%	1	1.00	9
$82.50	Sep 25	1.07	1.08	$1.08	0.9%	415	0.54	6.4K
$83.00	Oct 9	1.01	1.02	$1.02	1.0%	337	0.44	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Sep 18	1.26	1.27	$1.27	0.8%	653	0.67	390
$83.50	Sep 11	1.15	1.16	$1.15	0.9%	771	0.71	570
$99.00	Sep 30	16.35	16.50	$16.43	0.9%	--	0.99	172
$83.00	Sep 25	1.05	1.06	$1.06	0.9%	396	0.56	463
$98.00	Sep 18	15.35	15.50	$15.43	1.0%	--	0.99	16

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 148 found (avg $0.33, cheapest $0.08)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Aug 31	0.15	0.16	$0.16	6.3%	9.6K	0.40	19.7K
$83.50	Sep 2	0.06	0.07	$0.07	14.3%	3.0K	0.15	3.2K
$83.00	Sep 2	0.19	0.20	$0.20	5.0%	3.1K	0.36	1.4K
$82.50	Aug 31	0.44	0.47	$0.45	6.7%	234	0.77	2.7K
$84.00	Sep 4	0.06	0.07	$0.07	14.3%	3.2K	0.12	45.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 31	0.07	0.08	$0.08	12.5%	6.7K	0.24	5.3K
$83.00	Aug 31	0.27	0.28	$0.28	3.6%	10.5K	0.60	2.7K
$82.00	Sep 2	0.12	0.13	$0.13	7.7%	17.9K	0.25	4.4K
$81.50	Sep 4	0.09	0.10	$0.10	10.0%	682	0.16	1.7K
$82.50	Sep 2	0.29	0.30	$0.30	3.3%	647	0.47	2.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 261 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	3.85	3.95	$3.90	2.6%	--	1.00	22
$80.00	Aug 31	2.86	2.94	$2.90	2.8%	17	1.00	31
$80.50	Aug 31	2.35	2.44	$2.40	3.7%	2	1.00	4
$81.00	Aug 31	1.85	1.94	$1.90	4.7%	8	1.00	474

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Aug 28	1.07	1.15	$1.11	7.2%	308	1.00	464
$84.50	Aug 28	1.57	1.69	$1.63	7.4%	2	1.00	--
$85.00	Aug 28	2.08	2.18	$2.13	4.7%	13	1.00	4
$85.50	Aug 28	2.57	2.69	$2.63	4.6%	6	1.00	--
$86.00	Aug 28	3.05	3.20	$3.13	4.8%	5	1.00	1

Most actively traded options today. High liquidity = easy entry/exit. 429 active (total vol 661.4K, top 66.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Sep 4	0.13	0.16	$0.15	20.0%	43.8K	0.23	19.4K
$84.00	Sep 30	0.51	0.52	$0.52	1.9%	42.6K	0.31	52.8K
$83.50	Aug 28	0.00	0.01	$0.01	100.0%	34.3K	0.04	21.4K
$82.50	Aug 28	0.32	0.43	$0.38	28.9%	28.7K	0.95	65.3K
$83.00	Aug 28	0.00	0.01	$0.01	100.0%	24.4K	0.11	32.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 18	0.11	0.12	$0.12	8.3%	66.0K	0.11	118.2K
$82.00	Sep 18	0.49	0.51	$0.50	4.0%	28.3K	0.38	130.7K
$82.00	Sep 2	0.12	0.13	$0.13	7.7%	17.9K	0.25	4.4K
$83.00	Aug 28	0.09	0.17	$0.13	61.5%	16.7K	0.95	9.2K
$83.00	Sep 18	0.95	0.96	$0.96	1.0%	16.0K	0.58	76.4K

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 82 found (best R:R 0.85, avg 1.80)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$79.00	$79.50	Oct 2	$0.27	$0.23	$0.27	100%	0.85	$79.27
$82.00	$82.50	Sep 11	$0.31	$0.19	$0.31	75%	0.61	$82.31
$82.00	$82.50	Sep 18	$0.29	$0.21	$0.29	68%	0.72	$82.29
$82.50	$83.00	Aug 31	$0.29	$0.21	$0.29	77%	0.72	$82.79
$81.50	$82.00	Oct 2	$0.33	$0.17	$0.33	72%	0.52	$81.83

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$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
$83.00	$82.50	Sep 18	$0.25	$0.25	$0.25	58%	1.00	$82.75
$82.50	$82.00	Oct 2	$0.22	$0.28	$0.22	52%	1.27	$82.28
$83.00	$82.50	Oct 9	$0.26	$0.24	$0.26	58%	0.92	$82.74

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 46 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	Sep 2	$0.13	$0.13	$0.37	64%	0.35	$83.13
$83.00	$83.50	Aug 31	$0.12	$0.12	$0.38	60%	0.32	$83.12
$83.00	$83.50	Oct 2	$0.22	$0.22	$0.28	56%	0.79	$83.22
$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	$0.11	$0.11	$0.39	70%	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 11	$0.14	$0.14	$0.36	65%	0.39	$81.86
$82.50	$82.00	Sep 4	$0.18	$0.18	$0.32	53%	0.56	$82.32
$82.00	$81.50	Sep 9	$0.12	$0.12	$0.38	67%	0.32	$81.88

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. 216 found (cheapest 0.17% of stock, avg 4.24%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Aug 28	$0.01	$0.13	$0.14	$82.86	$83.14	0.17%
$82.50	Aug 28	$0.38	$0.01	$0.39	$82.11	$82.89	0.47%
$83.00	Aug 31	$0.16	$0.28	$0.44	$82.56	$83.44	0.53%
$82.50	Aug 31	$0.45	$0.08	$0.53	$81.97	$83.03	0.64%
$83.50	Aug 28	$0.01	$0.63	$0.64	$82.86	$84.14	0.77%
$83.50	Aug 31	$0.04	$0.66	$0.70	$82.80	$84.20	0.84%
$82.50	Sep 2	$0.48	$0.30	$0.78	$81.72	$83.28	0.94%
$83.00	Sep 2	$0.20	$0.59	$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	$0.89	$0.02	$0.91	$81.09	$82.91	1.10%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 204 found (cheapest 0.07% of stock, avg 0.88%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.50	$82.00	Aug 31	$0.04	$0.02	$0.06	$81.94	$83.56
$84.50	$81.00	Sep 4	$0.04	$0.04	$0.08	$80.92	$84.58
$84.00	$81.50	Sep 2	$0.03	$0.05	$0.08	$81.42	$84.08
$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
$84.50	$80.50	Sep 9	$0.07	$0.05	$0.12	$80.38	$84.62
$83.50	$81.50	Sep 2	$0.07	$0.05	$0.12	$81.38	$83.62
$83.50	$82.50	Aug 31	$0.04	$0.08	$0.12	$82.38	$83.62
$85.00	$81.00	Sep 9	$0.05	$0.08	$0.13	$80.87	$85.13
$84.50	$81.00	Sep 9	$0.07	$0.08	$0.15	$80.85	$84.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 9 found (best R:R 1.00, avg credit $0.26)

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
81/82	84/84	Sep 25	$0.25	$0.25	40%	1.00	$81.25	$84.25
80/81	84/84	Oct 9	$0.26	$0.24	38%	1.08	$80.74	$84.26
81/82	84/84	Sep 18	$0.26	$0.24	37%	1.08	$81.24	$83.76
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 18	$0.21	$0.29	46%	0.72	$81.29	$84.21
80/81	85/86	Sep 30	$0.28	$0.72	56%	0.39	$80.72	$85.28
80/81	84/85	Sep 30	$0.39	$0.61	44%	0.64	$80.61	$84.39

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 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	86%	2.85
$82.00	$82.50	$83.00	Sep 2	$0.14	$0.36	64%	2.57
$81.00	$82.00	$83.00	Sep 30	$0.15	$0.85	37%	5.67
$82.00	$82.50	$83.00	Sep 4	$0.09	$0.41	50%	4.56
$80.00	$81.00	$82.00	Sep 30	$0.12	$0.88	31%	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 28	$0.12	$0.38	92%	3.17
$82.50	$83.00	$83.50	Aug 31	$0.18	$0.32	63%	1.78
$82.00	$82.50	$83.00	Aug 31	$0.14	$0.36	54%	2.57
$83.00	$83.50	$84.00	Aug 31	$0.08	$0.42	37%	5.25
$82.50	$83.00	$83.50	Aug 28	$0.38	$0.12	92%	0.32

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 137 found (best net $-1.43, 124 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 2	-$1.88	$1.12
$82.00	$82.50	1:2	Sep 2	-$0.06	$0.44
$83.00	$84.00	1:2	Sep 30	-$0.13	$0.87
$82.00	$82.50	1:2	Sep 4	-$0.20	$0.30
$82.00	$83.00	1:2	Sep 30	-$0.35	$0.65

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	-$1.02	$1.98
$84.00	$83.50	1:2	Aug 28	-$0.15	$0.35
$84.00	$83.50	1:2	Aug 31	-$0.20	$0.30
$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. 64 found (best yield 1.22%, avg 0.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 9	$1.01	0.44	0.1%	1.22%	1.36%	337	--
$83.50	Oct 9	$0.79	0.38	0.8%	0.95%	1.70%	125	201
$83.00	Oct 2	$0.91	0.44	0.1%	1.10%	1.24%	1.3K	2.0K
$84.00	Oct 9	$0.61	0.31	1.4%	0.74%	2.09%	129	72
$83.00	Sep 30	$0.90	0.45	0.1%	1.09%	1.23%	1.5K	19.9K
$83.50	Oct 2	$0.70	0.37	0.8%	0.84%	1.59%	8.2K	900
$84.50	Oct 9	$0.47	0.26	1.9%	0.57%	2.52%	69	11
$83.00	Sep 25	$0.81	0.45	0.1%	0.98%	1.12%	411	2.9K
$84.00	Sep 30	$0.51	0.31	1.4%	0.62%	1.97%	42.6K	52.8K
$84.00	Oct 2	$0.52	0.30	1.4%	0.63%	1.98%	605	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 419,206

Total Puts 243,165

Put/Call Ratio 0.58

Net Difference 176,041

Prior's Put/Call Breakdown

Total Calls 190,211

Total Puts 112,863

Put/Call Ratio 0.59

Net Difference 77,348

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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