TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.25 -0.77%

(8/31 11:03) ◀

Monday, August 31, 2026 (12:00pm)

▶ (8/31 13:01)

◀ 8/31 12:01 ▶

Option Volume

Detail

ℹ

Current (08/31 12:00pm) 196,135

Calls: 117,268 (60%)

Puts: 78,867 (40%)

Prior (08/28) 458,231

Calls: 263,095 (57%)

Puts: 195,136 (43%)

Current vs Prior -57.20%

Calls: -55.43% (Calls)

Puts: -59.58% (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 -57.47%

Calls: -55.45%

Puts: -60.16%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/31 12:00pm) $6.91M

Calls: $3.90M (56%)

Puts: $3.01M (44%)

Prior (08/28) $14.63M

Calls: $8.80M (60%)

Puts: $5.83M (40%)

Current vs Prior -52.76%

Calls: -55.66%

Puts: -48.39%

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 -68.25%

Calls: -65.69%

Puts: -71.05%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/31 12:00pm) 0.67

Prior (08/28) 0.74

Current vs Prior -9.32%

Prior 7-Day Average 0.78

Current vs Prior 7-Day Avg -13.23%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/31 12:00pm) 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 0.68% | 1.17%1.40% | 1.84%2.26% | 3.78%

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

Current vs Prior -22.70% | -9.59%+127.24% | +22.71%-0.30% | +0.77%

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

Current vs 7-Day Avg -24.35% | -1.76%+43.86% | +6.39%+12.87% | +1.60%

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

Current vs 7-Day Eod -22.70% | -9.59%+127.24% | +24.72%+0.23% | +0.77%

Sentiment BULLISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 12.45% | 6.37%

Calls: 11.11% | 6.67%

Puts: 13.79% | 6.06%

Prior 5.12% | 3.78%

Calls: 6.67% | 4.17%

Puts: 3.57% | 3.39%

Current vs Prior +143.16% | +68.52%

Prior 7-Day Avg 5.90% | 3.21%

Calls: 6.68% | 2.83%

Puts: 5.13% | 3.60%

Current vs 7-Day Avg +110.91% | +98.18%

Liquidity Pricy

Add Card

🤖 AI Insights

Light premium activity with dollar volume down 53% vs prior. Below-average activity with volume down 57% vs prior. Bullish P/C ratio of 0.67. 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 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
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 332 of results (avg 3.1%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 25	1.28	1.29	$1.29	0.8%	--	0.62	752
$70.00	Aug 31	12.20	12.30	$12.25	0.8%	12	1.00	--
$82.00	Oct 9	1.18	1.19	$1.19	0.8%	8	0.49	44
$81.50	Sep 18	1.12	1.13	$1.13	0.9%	168	0.64	396
$82.00	Sep 30	1.08	1.09	$1.09	0.9%	357	0.51	7.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 18	1.34	1.35	$1.35	0.7%	1.3K	0.69	79.3K
$94.00	Sep 18	12.05	12.15	$12.10	0.8%	--	0.99	1.7K
$98.00	Sep 18	16.00	16.15	$16.08	0.9%	--	0.99	16
$83.50	Oct 9	2.08	2.10	$2.09	1.0%	--	0.70	249
$82.50	Sep 18	1.01	1.02	$1.02	1.0%	37	0.60	5.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 150 found (avg $0.32, cheapest $0.27)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Aug 31	0.25	0.28	$0.27	11.1%	462	0.83	2.3K
$82.50	Sep 2	0.08	0.09	$0.09	11.1%	4.1K	0.24	2.1K
$82.00	Sep 2	0.29	0.31	$0.30	6.7%	1.8K	0.65	570
$83.50	Sep 4	0.05	0.06	$0.06	16.7%	1.1K	0.10	37.0K
$83.00	Sep 4	0.10	0.11	$0.11	9.1%	1.9K	0.18	45.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 31	0.27	0.31	$0.29	13.8%	1.9K	0.83	7.2K
$81.50	Sep 2	0.10	0.11	$0.11	9.1%	644	0.25	2.4K
$82.00	Sep 2	0.30	0.31	$0.31	3.2%	2.6K	0.51	7.7K
$81.00	Sep 4	0.10	0.11	$0.11	9.1%	1.9K	0.18	5.5K
$81.50	Sep 4	0.21	0.22	$0.22	4.5%	912	0.33	1.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 255 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Aug 31	14.15	14.30	$14.23	1.1%	20	1.00	--
$69.00	Aug 31	13.15	13.30	$13.23	1.1%	21	1.00	--
$70.00	Aug 31	12.20	12.30	$12.25	0.8%	12	1.00	--
$71.00	Aug 31	11.15	11.30	$11.23	1.3%	9	1.00	--
$72.00	Aug 31	10.15	10.30	$10.23	1.5%	12	1.00	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$89.00	Aug 31	6.70	6.85	$6.78	2.2%	35	0.99	--
$89.50	Aug 31	7.20	7.30	$7.25	1.4%	18	0.99	--
$90.00	Aug 31	7.70	7.85	$7.78	1.9%	11	0.99	--
$87.50	Aug 31	5.20	5.30	$5.25	1.9%	18	0.99	--
$88.00	Aug 31	5.70	5.85	$5.78	2.6%	24	0.99	--

Most actively traded options today. High liquidity = easy entry/exit. 374 active (total vol 196.1K, top 23.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Sep 18	0.10	0.11	$0.11	9.1%	23.0K	0.10	101.1K
$83.00	Sep 18	0.41	0.42	$0.42	2.4%	21.2K	0.32	76.9K
$85.00	Sep 30	0.19	0.20	$0.20	5.0%	11.8K	0.14	48.6K
$82.50	Sep 2	0.08	0.09	$0.09	11.1%	4.1K	0.24	2.1K
$84.00	Sep 30	0.34	0.35	$0.35	2.9%	3.5K	0.23	49.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 14	0.09	0.10	$0.10	10.0%	13.4K	0.12	--
$82.00	Aug 31	0.02	0.03	$0.03	33.3%	9.0K	0.18	3.2K
$81.00	Sep 14	0.26	0.27	$0.27	3.7%	6.4K	0.27	--
$82.00	Sep 2	0.30	0.31	$0.31	3.2%	2.6K	0.51	7.7K
$81.00	Sep 18	0.37	0.38	$0.38	2.6%	2.2K	0.30	65.2K

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 40.4%, max 53.3%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 31	Oct 9	14.4%	9.4%	53.3%	470	2.4K
$82.50	Aug 31	Oct 9	15.2%	11.9%	27.5%	2.5K	2.5K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Aug 31	Oct 9	14.4%	9.4%	53.3%	9.0K	3.2K
$82.50	Aug 31	Oct 9	15.2%	11.9%	27.5%	1.9K	7.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 79 found (best R:R 0.54, avg 1.81)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$82.00	Sep 14	$0.65	$0.35	$0.65	84%	0.54	$81.65
$81.50	$82.00	Sep 9	$0.31	$0.19	$0.31	76%	0.61	$81.81
$81.00	$81.50	Sep 18	$0.33	$0.17	$0.33	76%	0.52	$81.33
$81.50	$82.00	Sep 11	$0.29	$0.21	$0.29	70%	0.72	$81.79
$81.00	$81.50	Sep 25	$0.33	$0.17	$0.33	72%	0.52	$81.33

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 30	$0.56	$0.44	$0.56	64%	0.79	$82.44
$82.00	$81.50	Oct 9	$0.23	$0.27	$0.23	54%	1.17	$81.77
$80.50	$80.00	Oct 9	$0.12	$0.38	$0.12	32%	3.17	$80.38
$81.50	$81.00	Oct 9	$0.19	$0.31	$0.19	46%	1.63	$81.31
$82.00	$81.50	Sep 25	$0.21	$0.29	$0.21	50%	1.38	$81.79

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 44 found (best R:R 0.20, 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
$83.00	$83.50	Sep 25	$0.16	$0.16	$0.34	66%	0.47	$83.16
$83.00	$83.50	Sep 18	$0.14	$0.14	$0.36	68%	0.39	$83.14
$82.50	$83.00	Oct 2	$0.20	$0.20	$0.30	58%	0.67	$82.70
$83.00	$83.50	Oct 9	$0.17	$0.17	$0.33	64%	0.52	$83.17

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Sep 14	$0.17	$0.17	$0.83	73%	0.20	$80.83
$82.00	$81.50	Sep 2	$0.20	$0.20	$0.30	49%	0.67	$81.80
$81.50	$81.00	Sep 9	$0.14	$0.14	$0.36	64%	0.39	$81.36
$82.00	$81.50	Sep 4	$0.21	$0.21	$0.29	48%	0.72	$81.79
$81.50	$81.00	Sep 4	$0.11	$0.11	$0.39	68%	0.28	$81.39

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. 197 found (cheapest 0.36% of stock, avg 4.17%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Aug 31	$0.27	$0.03	$0.30	$81.70	$82.30	0.36%
$82.50	Aug 31	$0.03	$0.29	$0.32	$82.18	$82.82	0.39%
$82.00	Sep 2	$0.30	$0.31	$0.61	$81.39	$82.61	0.74%
$81.50	Aug 31	$0.74	$0.01	$0.75	$80.75	$82.25	0.91%
$82.50	Sep 2	$0.09	$0.66	$0.75	$81.75	$83.25	0.91%
$83.00	Aug 31	$0.01	$0.77	$0.78	$82.22	$83.78	0.95%
$82.00	Sep 4	$0.41	$0.43	$0.84	$81.16	$82.84	1.02%
$81.50	Sep 2	$0.76	$0.11	$0.87	$80.63	$82.37	1.06%
$82.50	Sep 4	$0.21	$0.74	$0.95	$81.55	$83.45	1.16%
$81.50	Sep 4	$0.77	$0.22	$0.99	$80.51	$82.49	1.20%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 191 found (cheapest 0.07% of stock, avg 0.85%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$82.00	Aug 31	$0.03	$0.03	$0.06	$81.94	$82.56
$83.00	$81.00	Sep 2	$0.03	$0.04	$0.07	$80.93	$83.07
$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
$84.00	$80.00	Sep 9	$0.06	$0.05	$0.11	$79.89	$84.11
$85.00	$79.00	Sep 14	$0.06	$0.05	$0.11	$78.89	$85.11
$83.50	$80.50	Sep 4	$0.06	$0.05	$0.11	$80.39	$83.61
$84.50	$79.50	Sep 11	$0.07	$0.05	$0.12	$79.38	$84.62
$84.50	$80.50	Sep 9	$0.04	$0.09	$0.13	$80.37	$84.63
$82.50	$81.00	Sep 2	$0.09	$0.04	$0.13	$80.87	$82.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 1.38, avg credit $0.28)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	83/84	Sep 25	$0.29	$0.21	33%	1.38	$80.71	$83.29
80/80	83/84	Oct 2	$0.28	$0.22	35%	1.27	$80.22	$83.28
80/80	84/84	Oct 9	$0.23	$0.27	44%	0.85	$79.77	$83.73
80/81	83/84	Sep 18	$0.26	$0.24	38%	1.08	$80.74	$83.26
80/80	84/84	Oct 2	$0.24	$0.26	41%	0.92	$80.26	$83.74
80/81	84/84	Sep 25	$0.24	$0.26	41%	0.92	$80.76	$83.74
80/80	84/84	Oct 9	$0.25	$0.25	38%	1.00	$80.25	$83.75
79/80	84/85	Sep 30	$0.28	$0.72	57%	0.39	$79.72	$84.28
80/81	84/85	Sep 30	$0.38	$0.62	44%	0.61	$80.62	$84.38
80/81	83/84	Sep 14	$0.33	$0.67	45%	0.49	$80.67	$83.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 85 found (best R:R 2.70, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$82.00	$83.00	Sep 14	$0.27	$0.73	57%	2.70
$82.00	$82.50	$83.00	Aug 31	$0.22	$0.28	80%	1.27
$81.50	$82.00	$82.50	Aug 31	$0.23	$0.27	80%	1.17
$80.00	$81.00	$82.00	Sep 30	$0.15	$0.85	35%	5.67
$79.00	$80.00	$81.00	Sep 30	$0.10	$0.90	27%	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 31	$0.22	$0.28	79%	1.27
$80.00	$81.00	$82.00	Sep 14	$0.18	$0.82	40%	4.56
$81.50	$82.00	$82.50	Aug 31	$0.24	$0.26	80%	1.08
$82.00	$82.50	$83.00	Sep 2	$0.08	$0.42	41%	5.25
$81.50	$82.00	$82.50	Sep 2	$0.15	$0.35	54%	2.33

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 $-1.21, 124 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 2	-$1.21	$1.79
$71.00	$75.00	1:2	Sep 2	-$3.23	$0.77
$80.00	$81.00	1:2	Sep 14	-$0.37	$0.63
$81.00	$81.50	1:2	Aug 31	-$0.23	$0.27
$81.00	$81.50	1:2	Sep 2	-$0.28	$0.22

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$86.00	$84.00	1:2	Sep 9	-$0.10	$1.90
$82.00	$81.00	1:2	Sep 30	-$0.13	$0.87
$83.50	$83.00	1:2	Aug 31	-$0.27	$0.23
$83.00	$82.00	1:2	Sep 30	-$0.35	$0.65
$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 1.13%, avg 0.32%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Oct 9	$0.93	0.42	0.3%	1.13%	1.43%	12	285
$83.00	Oct 9	$0.73	0.36	0.9%	0.89%	1.80%	69	236
$82.50	Oct 2	$0.84	0.42	0.3%	1.02%	1.33%	160	891
$83.50	Oct 9	$0.56	0.30	1.5%	0.68%	2.20%	5	272
$83.00	Sep 30	$0.63	0.36	0.9%	0.77%	1.68%	674	19.1K
$83.00	Oct 2	$0.64	0.35	0.9%	0.78%	1.69%	322	2.6K
$82.50	Sep 25	$0.74	0.42	0.3%	0.90%	1.20%	135	6.4K
$84.00	Oct 9	$0.43	0.24	2.1%	0.52%	2.65%	57	186
$83.50	Oct 2	$0.48	0.28	1.5%	0.58%	2.10%	181	8.0K
$83.00	Sep 25	$0.55	0.34	0.9%	0.67%	1.58%	334	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 117,268

Total Puts 78,867

Put/Call Ratio 0.67

Net Difference 38,401

Prior's Put/Call Breakdown

Total Calls 263,095

Total Puts 195,136

Put/Call Ratio 0.74

Net Difference 67,959

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
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