TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.31 -0.69%

(8/31 10:02) ◀

Monday, August 31, 2026 (11:00am)

▶ (8/31 12:01)

◀ 8/31 11:03 ▶

Option Volume

Detail

ℹ

Current (08/31 11:00am) 126,823

Calls: 73,716 (58%)

Puts: 53,107 (42%)

Prior (08/28) 387,804

Calls: 212,113 (55%)

Puts: 175,691 (45%)

Current vs Prior -67.30%

Calls: -65.25% (Calls)

Puts: -69.77% (Puts)

Prior 7-Day Total 3,228,330

Calls: 1,842,486 (57%)

Puts: 1,385,844 (43%)

Prior 7-Day Average 461,190

Calls: 263,212 (57%)

Puts: 197,977 (43%)

Current vs Prior 7-Day Avg -72.50%

Calls: -71.99%

Puts: -73.18%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/31 11:00am) $5.22M

Calls: $2.94M (56%)

Puts: $2.28M (44%)

Prior (08/28) $13.53M

Calls: $9.76M (72%)

Puts: $3.77M (28%)

Current vs Prior -61.43%

Calls: -69.90%

Puts: -39.53%

Prior 7-Day Total $152.32M

Calls: $79.60M (52%)

Puts: $72.72M (48%)

Prior 7-Day Average $21.76M

Calls: $11.37M (52%)

Puts: $10.39M (48%)

Current vs Prior 7-Day Avg -76.02%

Calls: -74.17%

Puts: -78.04%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/31 11:00am) 0.72

Prior (08/28) 0.83

Current vs Prior -13.02%

Prior 7-Day Average 0.78

Current vs Prior 7-Day Avg -7.05%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (08/31 11:00am) 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 21,418,875

Calls: 12,527,245 (58%)

Puts: 8,891,630 (42%)

Prior 7-Day Average 3,059,839

Calls: 1,789,606 (58%)

Puts: 1,270,232 (42%)

Current vs Prior 7-Day Avg -12.46%

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 0.70% | 1.18%1.41% | 1.86%2.28% | 3.81%

Prior 0.88% | 1.29%0.62% | 1.50%2.27% | 3.75%

Current vs Prior -20.00% | -8.72%+129.04% | +24.24%+0.69% | +1.66%

Prior 7-Day Avg 0.90% | 1.19%0.97% | 1.73%2.00% | 3.72%

Current vs 7-Day Avg -21.71% | -0.81%+45.00% | +7.71%+13.99% | +2.50%

Prior 7-Day Eod 0.88% | 1.29%0.62% | 1.47%2.26% | 3.75%

Current vs 7-Day Eod -20.00% | -8.72%+129.04% | +26.28%+1.23% | +1.66%

Sentiment BULLISHBEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 6.54% | 4.67%

Calls: 9.09% | 2.78%

Puts: 4.00% | 6.56%

Prior 5.12% | 3.78%

Calls: 6.67% | 4.17%

Puts: 3.57% | 3.39%

Current vs Prior +27.73% | +23.54%

Prior 7-Day Avg 5.90% | 3.21%

Calls: 6.68% | 2.83%

Puts: 5.13% | 3.60%

Current vs 7-Day Avg +10.79% | +45.29%

Liquidity Acceptable

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🤖 AI Insights

Light premium activity with dollar volume down 61% vs prior. Below-average activity with volume down 67% vs prior. Call-heavy open interest (1,678,464 calls vs 1,000,244 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 NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

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
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

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High Delta

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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 0.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 30	1.76	1.77	$1.77	0.6%	330	0.71	749
$70.00	Sep 2	12.25	12.35	$12.30	0.8%	--	1.00	16
$70.00	Sep 4	12.25	12.35	$12.30	0.8%	--	1.00	64
$70.00	Sep 18	12.25	12.35	$12.30	0.8%	--	1.00	332
$81.50	Sep 18	1.17	1.18	$1.17	0.9%	165	0.65	396

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Sep 18	15.00	15.05	$15.03	0.3%	--	0.99	298
$96.00	Sep 18	13.95	14.05	$14.00	0.7%	--	0.99	1.1K
$83.00	Sep 18	1.31	1.32	$1.32	0.8%	1.2K	0.68	79.3K
$95.00	Sep 18	12.95	13.05	$13.00	0.8%	--	0.99	2.0K
$82.00	Oct 9	1.15	1.16	$1.15	0.9%	61	0.53	56

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 151 found (avg $0.33, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 31	0.05	0.06	$0.06	16.7%	2.3K	0.28	2.3K
$82.00	Aug 31	0.31	0.34	$0.33	9.1%	403	0.84	2.3K
$82.50	Sep 2	0.10	0.11	$0.11	9.1%	3.2K	0.28	2.1K
$82.00	Sep 2	0.35	0.36	$0.36	2.8%	1.7K	0.67	570
$83.50	Sep 4	0.05	0.06	$0.06	16.7%	912	0.10	37.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 31	0.24	0.25	$0.25	4.0%	1.8K	0.73	7.2K
$81.50	Sep 2	0.10	0.11	$0.11	9.1%	474	0.25	2.4K
$82.00	Sep 2	0.28	0.29	$0.29	3.4%	2.3K	0.51	7.7K
$81.00	Sep 4	0.09	0.10	$0.10	10.0%	1.8K	0.17	5.5K
$81.50	Sep 4	0.21	0.22	$0.22	4.5%	675	0.32	1.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 252 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 2	12.25	12.35	$12.30	0.8%	--	1.00	16
$71.00	Sep 2	11.25	11.35	$11.30	0.9%	--	1.00	48
$75.00	Sep 2	7.25	7.35	$7.30	1.4%	--	1.00	99
$78.00	Sep 2	4.25	4.35	$4.30	2.3%	--	1.00	652
$79.00	Sep 2	3.25	3.30	$3.28	1.5%	1	1.00	566

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 31	1.16	1.24	$1.20	6.7%	72	1.00	766
$84.00	Aug 31	1.66	1.73	$1.69	4.1%	76	1.00	123
$84.50	Aug 31	2.15	2.26	$2.21	5.0%	10	1.00	--
$85.00	Aug 31	2.65	2.76	$2.71	4.1%	12	1.00	--
$85.50	Aug 31	3.15	3.30	$3.22	4.7%	17	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 353 active (total vol 126.8K, top 21.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 18	0.43	0.45	$0.44	4.5%	21.2K	0.33	76.9K
$84.00	Sep 30	0.37	0.38	$0.38	2.6%	3.4K	0.24	49.4K
$82.50	Sep 2	0.10	0.11	$0.11	9.1%	3.2K	0.28	2.1K
$82.00	Sep 18	0.87	0.88	$0.88	1.1%	3.1K	0.53	85.6K
$83.00	Aug 31	0.00	0.01	$0.01	100.0%	2.9K	0.03	23.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 31	0.02	0.03	$0.03	33.3%	8.8K	0.16	3.2K
$82.00	Sep 2	0.28	0.29	$0.29	3.4%	2.3K	0.51	7.7K
$81.50	Sep 11	0.37	0.38	$0.38	2.6%	2.1K	0.37	7.1K
$82.00	Sep 4	0.40	0.41	$0.41	2.4%	1.9K	0.50	4.2K
$81.00	Sep 4	0.09	0.10	$0.10	10.0%	1.8K	0.17	5.5K

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 46.1%, max 57.9%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 31	Oct 9	15.1%	9.6%	57.9%	410	2.4K
$82.50	Aug 31	Oct 9	16.3%	12.2%	34.3%	2.3K	2.5K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 31	Oct 9	15.1%	9.6%	57.9%	8.9K	3.2K
$82.50	Aug 31	Oct 9	16.3%	12.2%	34.3%	1.8K	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 1.50, avg 1.87)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$79.50	$80.00	Oct 2	$0.20	$0.30	$0.20	94%	1.50	$79.70
$81.00	$82.00	Sep 14	$0.66	$0.34	$0.66	84%	0.52	$81.66
$81.50	$82.00	Sep 9	$0.32	$0.18	$0.32	78%	0.56	$81.82
$81.50	$82.00	Sep 11	$0.30	$0.20	$0.30	71%	0.67	$81.80
$82.00	$82.50	Aug 31	$0.27	$0.23	$0.27	84%	0.85	$82.27

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$88.00	$87.50	Oct 2	$0.25	$0.25	$0.25	95%	1.00	$87.75
$82.00	$81.50	Oct 9	$0.22	$0.28	$0.22	53%	1.27	$81.78
$83.00	$82.00	Sep 30	$0.55	$0.45	$0.55	64%	0.82	$82.45
$82.00	$81.00	Sep 30	$0.37	$0.63	$0.37	50%	1.70	$81.63
$82.00	$81.50	Sep 25	$0.20	$0.30	$0.20	50%	1.50	$81.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 47 found (best R:R 0.32, avg 0.46)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$83.00	Sep 18	$0.20	$0.20	$0.30	58%	0.67	$82.70
$82.50	$83.00	Oct 2	$0.21	$0.21	$0.29	57%	0.72	$82.71
$83.00	$84.00	Sep 14	$0.18	$0.18	$0.82	71%	0.22	$83.18
$83.00	$84.00	Sep 30	$0.29	$0.29	$0.71	63%	0.41	$83.29
$82.50	$83.00	Oct 9	$0.21	$0.21	$0.29	57%	0.72	$82.71

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Sep 4	$0.12	$0.12	$0.38	68%	0.32	$81.38
$81.00	$80.00	Sep 14	$0.16	$0.16	$0.84	73%	0.19	$80.84
$82.00	$81.50	Sep 2	$0.18	$0.18	$0.32	49%	0.56	$81.82
$81.00	$80.00	Sep 30	$0.24	$0.24	$0.76	67%	0.32	$80.76
$81.50	$81.00	Sep 9	$0.13	$0.13	$0.37	65%	0.35	$81.37

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. 197 found (cheapest 0.38% of stock, avg 4.18%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Aug 31	$0.06	$0.25	$0.31	$82.19	$82.81	0.38%
$82.00	Aug 31	$0.33	$0.03	$0.36	$81.64	$82.36	0.44%
$82.00	Sep 2	$0.36	$0.29	$0.65	$81.35	$82.65	0.79%
$82.50	Sep 2	$0.11	$0.61	$0.72	$81.78	$83.22	0.87%
$83.00	Aug 31	$0.01	$0.72	$0.73	$82.27	$83.73	0.89%
$81.50	Aug 31	$0.80	$0.01	$0.81	$80.69	$82.31	0.98%
$82.00	Sep 4	$0.45	$0.41	$0.86	$81.14	$82.86	1.04%
$81.50	Sep 2	$0.81	$0.11	$0.92	$80.58	$82.42	1.12%
$82.50	Sep 4	$0.23	$0.71	$0.94	$81.56	$83.44	1.14%
$81.50	Sep 4	$0.83	$0.22	$1.05	$80.45	$82.55	1.28%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 196 found (cheapest 0.10% 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	$0.04	$0.08	$80.92	$83.08
$84.50	$80.00	Sep 9	$0.04	$0.05	$0.09	$79.91	$84.59
$84.00	$80.50	Sep 4	$0.04	$0.05	$0.09	$80.41	$84.09
$82.50	$82.00	Aug 31	$0.06	$0.03	$0.09	$81.91	$82.59
$84.00	$80.00	Sep 9	$0.06	$0.05	$0.11	$79.89	$84.11
$83.50	$80.50	Sep 4	$0.06	$0.05	$0.11	$80.39	$83.61
$85.00	$79.00	Sep 14	$0.07	$0.05	$0.12	$78.88	$85.12
$84.50	$80.50	Sep 9	$0.04	$0.09	$0.13	$80.37	$84.63
$84.00	$80.50	Sep 9	$0.06	$0.09	$0.15	$80.35	$84.15
$84.00	$81.00	Sep 4	$0.04	$0.10	$0.14	$80.86	$84.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 0.92, 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	$0.24	$0.26	43%	0.92	$79.76	$83.74
80/80	84/84	Oct 9	$0.21	$0.29	49%	0.72	$79.79	$84.21
80/80	84/84	Oct 2	$0.25	$0.25	41%	1.00	$80.25	$83.75
80/80	84/84	Oct 2	$0.22	$0.28	46%	0.79	$80.28	$84.22
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	84/84	Sep 25	$0.24	$0.26	40%	0.92	$80.76	$83.74
81/82	82/83	Sep 4	$0.23	$0.27	34%	0.85	$81.27	$82.73
79/80	84/85	Sep 30	$0.29	$0.71	56%	0.41	$79.71	$84.29

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 found (best R:R 2.85, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$82.00	$83.00	Sep 14	$0.26	$0.74	55%	2.85
$82.00	$82.50	$83.00	Aug 31	$0.22	$0.28	81%	1.27
$80.00	$81.00	$82.00	Sep 30	$0.13	$0.87	34%	6.69
$81.50	$82.00	$82.50	Sep 2	$0.20	$0.30	72%	1.50
$79.00	$80.00	$81.00	Sep 30	$0.09	$0.91	26%	10.11

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 31	$0.25	$0.25	80%	1.00
$81.50	$82.00	$82.50	Aug 31	$0.20	$0.30	70%	1.50
$80.00	$81.00	$82.00	Sep 14	$0.18	$0.82	38%	4.56
$80.00	$81.00	$82.00	Sep 30	$0.13	$0.87	29%	6.69
$81.50	$82.00	$82.50	Sep 2	$0.14	$0.36	52%	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. 133 found (best net $-0.07, 121 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 2	-$1.30	$1.70
$71.00	$75.00	1:2	Sep 2	-$3.30	$0.70
$80.00	$81.00	1:2	Sep 14	-$0.44	$0.56
$81.50	$82.00	1:2	Sep 4	-$0.07	$0.43
$81.00	$81.50	1:2	Aug 31	-$0.29	$0.21

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$86.00	$84.00	1:2	Sep 9	-$0.07	$1.93
$83.50	$83.00	1:2	Aug 31	-$0.24	$0.26
$83.00	$82.50	1:2	Sep 2	-$0.17	$0.33
$82.00	$81.00	1:2	Sep 30	-$0.16	$0.84
$83.00	$82.00	1:2	Sep 30	-$0.35	$0.65

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 60 found (best yield 1.19%, avg 0.33%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Oct 9	$0.98	0.43	0.2%	1.19%	1.42%	5	285
$83.00	Oct 9	$0.77	0.37	0.8%	0.94%	1.77%	19	236
$83.50	Oct 9	$0.60	0.31	1.4%	0.73%	2.17%	5	272
$82.50	Oct 2	$0.88	0.43	0.2%	1.07%	1.30%	37	891
$83.00	Sep 30	$0.66	0.37	0.8%	0.80%	1.64%	584	19.1K
$83.00	Oct 2	$0.67	0.36	0.8%	0.81%	1.65%	314	2.6K
$84.00	Oct 9	$0.46	0.25	2.0%	0.56%	2.61%	57	186
$82.50	Sep 25	$0.78	0.43	0.2%	0.95%	1.18%	111	6.4K
$83.50	Oct 2	$0.51	0.29	1.4%	0.62%	2.07%	181	8.0K
$83.00	Sep 25	$0.58	0.35	0.8%	0.70%	1.54%	179	3.1K

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 73,716

Total Puts 53,107

Put/Call Ratio 0.72

Net Difference 20,609

Prior's Put/Call Breakdown

Total Calls 212,113

Total Puts 175,691

Put/Call Ratio 0.83

Net Difference 36,422

Prior 7-Day Put/Call Summary

Total Calls 1,842,486

Total Puts 1,385,844

Average Put/Call Ratio 0.78

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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