TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.24 -0.77%

(8/28 19:06) ◀

Monday, August 31, 2026 (10:00am)

▶ (8/31 11:03)

◀ 8/31 10:02 ▶

Option Volume

Detail

ℹ

Current (08/31 10:00am) 63,239

Calls: 35,841 (57%)

Puts: 27,398 (43%)

Prior (08/28) 151,612

Calls: 55,173 (36%)

Puts: 96,439 (64%)

Current vs Prior -58.29%

Calls: -35.04% (Calls)

Puts: -71.59% (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 -86.02%

Calls: -86.33%

Puts: -85.59%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/31 10:00am) $2.18M

Calls: $1.07M (49%)

Puts: $1.11M (51%)

Prior (08/28) $3.54M

Calls: $1.97M (56%)

Puts: $1.57M (44%)

Current vs Prior -38.40%

Calls: -45.78%

Puts: -29.17%

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 -90.73%

Calls: -91.99%

Puts: -89.08%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (08/31 10:00am) 0.76

Prior (08/28) 1.75

Current vs Prior -56.27%

Prior 7-Day Average 0.76

Current vs Prior 7-Day Avg +0.90%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (08/31 10:00am) 2,678,708

Calls: 1,678,464 (63%)

Puts: 1,000,244 (37%)

Prior (08/28) 2,939,022

Calls: 1,769,249 (60%)

Puts: 1,169,773 (40%)

Current vs Prior -8.86%

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 -14.93%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (08/31) | Next (09/02)Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)

Current 0.73% | 1.20%1.43% | 1.86%2.29% | 3.83%

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

Current vs Prior -22.24% | +5.34%+52.91% | +6.66%-7.30% | -3.22%

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

Current vs 7-Day Avg -21.33% | +2.24%+38.33% | +6.55%+28.97% | +5.38%

Prior 7-Day Eod 0.94% | 1.14%0.62% | 1.47%2.26% | 3.75%

Current vs 7-Day Eod -22.24% | +5.34%+133.19% | +26.39%+1.32% | +2.08%

Sentiment BULLISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 11.73% | 6.86%

Calls: 13.79% | 6.25%

Puts: 9.68% | 7.46%

Prior 3.74% | 3.07%

Calls: 3.13% | 2.44%

Puts: 4.35% | 3.70%

Current vs Prior +213.64% | +123.45%

Prior 7-Day Avg 6.13% | 3.39%

Calls: 6.65% | 2.99%

Puts: 5.60% | 3.79%

Current vs 7-Day Avg +91.49% | +102.36%

Liquidity Pricy

Add Card

🤖 AI Insights

Below-average activity with volume down 58% vs prior. P/C ratio dropping 56% - sentiment shifting bullish. Call-heavy open interest (1,678,464 calls vs 1,000,244 puts) suggests bullish positioning.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BEARISH

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	BEARISH	BULLISH	BULLISH

📈 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 326 of results (avg 3.1%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 25	1.63	1.64	$1.63	0.6%	5	0.71	378
$68.00	Aug 31	14.20	14.30	$14.25	0.7%	12	1.00	--
$69.00	Aug 31	13.20	13.30	$13.25	0.8%	13	1.00	--
$70.00	Aug 31	12.20	12.30	$12.25	0.8%	6	1.00	--
$70.00	Sep 2	12.20	12.30	$12.25	0.8%	--	1.00	16

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$98.00	Sep 18	16.00	16.15	$16.08	0.9%	--	0.99	16
$83.50	Oct 9	2.10	2.12	$2.11	0.9%	--	0.70	249
$97.00	Sep 4	15.00	15.15	$15.08	1.0%	1	0.99	--
$97.00	Sep 18	15.00	15.15	$15.08	1.0%	--	0.99	298
$97.00	Sep 30	15.00	15.15	$15.08	1.0%	--	0.99	72

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 151 found (avg $0.33, cheapest $0.29)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 31	0.27	0.31	$0.29	13.8%	159	0.77	2.3K
$82.50	Sep 2	0.10	0.11	$0.11	9.1%	2.2K	0.26	2.1K
$82.00	Sep 2	0.31	0.33	$0.32	6.3%	1.1K	0.61	570
$83.50	Sep 4	0.05	0.06	$0.06	16.7%	678	0.10	37.0K
$83.00	Sep 4	0.10	0.11	$0.11	9.1%	365	0.18	45.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 31	0.29	0.32	$0.31	9.7%	1.5K	0.78	7.2K
$81.50	Sep 2	0.12	0.13	$0.13	7.7%	108	0.27	2.4K
$81.00	Sep 4	0.10	0.11	$0.11	9.1%	1.4K	0.18	5.5K
$82.00	Sep 2	0.32	0.33	$0.33	3.0%	1.9K	0.51	7.7K
$80.00	Sep 9	0.05	0.06	$0.06	16.7%	23	0.08	330

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 250 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 2	12.20	12.30	$12.25	0.8%	--	1.00	16
$71.00	Sep 2	11.20	11.30	$11.25	0.9%	--	1.00	48
$75.00	Sep 2	7.20	7.30	$7.25	1.4%	--	1.00	99
$78.00	Sep 2	4.20	4.30	$4.25	2.4%	--	1.00	652
$79.00	Sep 2	3.20	3.30	$3.25	3.1%	--	1.00	566

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 31	1.21	1.31	$1.26	7.9%	46	1.00	766
$84.00	Aug 31	1.71	1.80	$1.76	5.1%	50	1.00	123
$84.50	Aug 31	2.21	2.28	$2.25	3.1%	2	1.00	--
$85.00	Aug 31	2.71	2.80	$2.76	3.3%	1	1.00	--
$85.50	Aug 31	3.20	3.30	$3.25	3.1%	2	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 298 active (total vol 63.2K, top 3.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 18	0.41	0.42	$0.42	2.4%	3.7K	0.32	76.9K
$82.00	Sep 18	0.84	0.85	$0.85	1.2%	2.7K	0.51	85.6K
$84.00	Sep 30	0.35	0.36	$0.36	2.8%	2.6K	0.23	49.4K
$82.50	Sep 2	0.10	0.11	$0.11	9.1%	2.2K	0.26	2.1K
$83.00	Aug 31	0.00	0.01	$0.01	100.0%	1.6K	0.03	23.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 31	0.04	0.05	$0.05	20.0%	2.1K	0.23	3.2K
$82.00	Sep 2	0.32	0.33	$0.33	3.0%	1.9K	0.51	7.7K
$78.50	Sep 18	0.06	0.07	$0.07	14.3%	1.8K	0.06	1.1K
$81.50	Sep 11	0.40	0.41	$0.41	2.4%	1.5K	0.38	7.1K
$82.50	Aug 31	0.29	0.32	$0.31	9.7%	1.5K	0.78	7.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 44.2%, max 60.6%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 31	Oct 9	15.4%	9.6%	60.6%	160	2.4K
$82.50	Aug 31	Oct 9	15.5%	12.1%	27.9%	706	2.5K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 31	Oct 9	15.4%	9.6%	60.6%	2.2K	3.2K
$82.50	Aug 31	Oct 9	15.5%	12.1%	27.9%	1.5K	7.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 82 found (best R:R 1.27, avg 1.85)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$82.00	Sep 14	$0.66	$0.34	$0.66	82%	0.52	$81.66
$81.50	$82.00	Sep 9	$0.31	$0.19	$0.31	75%	0.61	$81.81
$81.50	$82.00	Sep 11	$0.30	$0.20	$0.30	69%	0.67	$81.80
$81.50	$82.00	Sep 18	$0.28	$0.22	$0.28	63%	0.79	$81.78
$82.00	$82.50	Sep 4	$0.20	$0.30	$0.20	55%	1.50	$82.20

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$85.00	$84.50	Oct 9	$0.22	$0.28	$0.22	83%	1.27	$84.78
$85.50	$85.00	Oct 2	$0.27	$0.23	$0.27	88%	0.85	$85.23
$83.00	$82.00	Sep 30	$0.56	$0.44	$0.56	64%	0.79	$82.44
$82.00	$81.00	Sep 30	$0.38	$0.62	$0.38	51%	1.63	$81.62
$81.50	$81.00	Sep 25	$0.16	$0.34	$0.16	42%	2.12	$81.34

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 47 found (best R:R 0.22, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 30	$0.29	$0.29	$0.71	64%	0.41	$83.29
$82.50	$83.00	Oct 2	$0.21	$0.21	$0.29	58%	0.72	$82.71
$82.50	$83.00	Oct 9	$0.21	$0.21	$0.29	58%	0.72	$82.71
$82.50	$83.00	Sep 18	$0.19	$0.19	$0.31	59%	0.61	$82.69
$83.00	$83.50	Sep 18	$0.14	$0.14	$0.36	68%	0.39	$83.14

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Sep 14	$0.18	$0.18	$0.82	72%	0.22	$80.82
$82.00	$81.50	Sep 2	$0.20	$0.20	$0.30	49%	0.67	$81.80
$81.50	$81.00	Sep 4	$0.13	$0.13	$0.37	66%	0.35	$81.37
$81.50	$81.00	Sep 9	$0.14	$0.14	$0.36	63%	0.39	$81.36
$80.50	$80.00	Sep 25	$0.11	$0.11	$0.39	74%	0.28	$80.39

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. 196 found (cheapest 0.41% of stock, avg 4.19%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Aug 31	$0.29	$0.05	$0.34	$81.66	$82.34	0.41%
$82.50	Aug 31	$0.05	$0.31	$0.36	$82.14	$82.86	0.44%
$82.00	Sep 2	$0.32	$0.33	$0.65	$81.35	$82.65	0.79%
$81.50	Aug 31	$0.75	$0.01	$0.76	$80.74	$82.26	0.92%
$83.00	Aug 31	$0.01	$0.77	$0.78	$82.22	$83.78	0.95%
$82.50	Sep 2	$0.11	$0.67	$0.78	$81.72	$83.28	0.95%
$82.00	Sep 4	$0.42	$0.45	$0.87	$81.13	$82.87	1.06%
$81.50	Sep 2	$0.75	$0.13	$0.88	$80.62	$82.38	1.07%
$82.50	Sep 4	$0.22	$0.76	$0.98	$81.52	$83.48	1.19%
$81.50	Sep 4	$0.78	$0.24	$1.02	$80.48	$82.52	1.24%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 188 found (cheapest 0.11% of stock, avg 0.89%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.00	$81.00	Sep 2	$0.04	$0.05	$0.09	$80.91	$83.09
$84.00	$80.50	Sep 4	$0.04	$0.05	$0.09	$80.41	$84.09
$82.50	$82.00	Aug 31	$0.05	$0.05	$0.10	$81.90	$82.60
$84.50	$80.00	Sep 9	$0.04	$0.06	$0.10	$79.90	$84.60
$83.50	$80.50	Sep 4	$0.06	$0.05	$0.11	$80.39	$83.61
$84.00	$80.00	Sep 9	$0.06	$0.06	$0.12	$79.88	$84.12
$84.50	$79.50	Sep 11	$0.07	$0.06	$0.13	$79.37	$84.63
$84.50	$80.50	Sep 9	$0.04	$0.10	$0.14	$80.36	$84.64
$83.50	$80.00	Sep 9	$0.10	$0.06	$0.16	$79.84	$83.66
$84.00	$80.50	Sep 9	$0.06	$0.10	$0.16	$80.34	$84.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 14 found (best R:R 1.08, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	84/84	Oct 2	$0.26	$0.24	41%	1.08	$80.24	$83.76
80/80	83/84	Oct 2	$0.29	$0.21	34%	1.38	$80.21	$83.29
80/80	83/84	Sep 25	$0.26	$0.24	40%	1.08	$80.24	$83.26
80/80	84/84	Sep 25	$0.22	$0.28	47%	0.79	$80.28	$83.72
80/80	84/84	Oct 9	$0.26	$0.24	38%	1.08	$80.24	$83.76
80/81	83/84	Sep 18	$0.26	$0.24	37%	1.08	$80.74	$83.26
80/80	84/84	Oct 9	$0.23	$0.27	43%	0.85	$80.27	$84.23
80/81	83/84	Sep 25	$0.28	$0.22	32%	1.27	$80.72	$83.28
80/81	84/84	Sep 25	$0.24	$0.26	40%	0.92	$80.76	$83.74
80/81	83/84	Sep 11	$0.20	$0.30	47%	0.67	$80.80	$83.20

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 81 found (best R:R 2.57, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$82.00	$83.00	Sep 14	$0.28	$0.72	55%	2.57
$82.00	$82.50	$83.00	Aug 31	$0.20	$0.30	74%	1.50
$79.00	$80.00	$81.00	Sep 30	$0.09	$0.91	27%	10.11
$81.00	$81.50	$82.00	Sep 2	$0.06	$0.44	39%	7.33
$80.00	$81.00	$82.00	Sep 30	$0.15	$0.85	34%	5.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 31	$0.20	$0.30	74%	1.50
$80.00	$81.00	$82.00	Sep 14	$0.18	$0.82	40%	4.56
$81.50	$82.00	$82.50	Aug 31	$0.22	$0.28	74%	1.27
$80.00	$81.00	$82.00	Sep 30	$0.14	$0.86	30%	6.14
$81.50	$82.00	$82.50	Sep 2	$0.14	$0.36	50%	2.57

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 136 found (best net $-1.25, 121 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 2	-$1.25	$1.75
$71.00	$75.00	1:2	Sep 2	-$3.25	$0.75
$81.00	$81.50	1:2	Sep 2	-$0.26	$0.24
$81.50	$82.00	1:2	Sep 4	-$0.06	$0.44
$81.00	$81.50	1:2	Aug 31	-$0.26	$0.24

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$86.00	$84.00	1:2	Sep 9	-$0.14	$1.86
$83.50	$83.00	1:2	Aug 31	-$0.28	$0.22
$82.00	$81.00	1:2	Sep 30	-$0.17	$0.83
$83.00	$82.00	1:2	Sep 30	-$0.37	$0.63
$83.00	$82.50	1:2	Sep 2	-$0.23	$0.27

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 59 found (best yield 1.16%, avg 0.32%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Oct 9	$0.95	0.42	0.3%	1.16%	1.47%	5	285
$83.00	Oct 9	$0.74	0.36	0.9%	0.90%	1.82%	19	236
$82.50	Oct 2	$0.85	0.42	0.3%	1.03%	1.35%	37	891
$83.50	Oct 9	$0.57	0.30	1.5%	0.69%	2.23%	--	272
$83.00	Sep 30	$0.64	0.36	0.9%	0.78%	1.70%	425	19.1K
$83.00	Oct 2	$0.65	0.35	0.9%	0.79%	1.71%	302	2.6K
$84.00	Oct 9	$0.44	0.24	2.1%	0.54%	2.68%	10	186
$82.50	Sep 25	$0.75	0.42	0.3%	0.91%	1.23%	54	6.4K
$83.50	Oct 2	$0.48	0.28	1.5%	0.58%	2.12%	22	8.0K
$83.00	Sep 25	$0.55	0.34	0.9%	0.67%	1.59%	127	3.1K

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 35,841

Total Puts 27,398

Put/Call Ratio 0.76

Net Difference 8,443

Prior's Put/Call Breakdown

Total Calls 55,173

Total Puts 96,439

Put/Call Ratio 1.75

Net Difference -41,266

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
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

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

Add Card