TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.36 -0.63%

(8/31 12:01) ◀

Monday, August 31, 2026 (1:00pm)

▶ (8/31 14:01)

◀ 8/31 13:01 ▶

Option Volume

Detail

ℹ

Current (08/31 1:00pm) 222,907

Calls: 132,825 (60%)

Puts: 90,082 (40%)

Prior (08/28) 517,912

Calls: 309,375 (60%)

Puts: 208,537 (40%)

Current vs Prior -56.96%

Calls: -57.07% (Calls)

Puts: -56.80% (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 -51.67%

Calls: -49.54%

Puts: -54.50%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/31 1:00pm) $8.08M

Calls: $4.63M (57%)

Puts: $3.44M (43%)

Prior (08/28) $16.44M

Calls: $8.73M (53%)

Puts: $7.71M (47%)

Current vs Prior -50.87%

Calls: -46.91%

Puts: -55.35%

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 -62.88%

Calls: -59.25%

Puts: -66.85%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/31 1:00pm) 0.68

Prior (08/28) 0.67

Current vs Prior +0.61%

Prior 7-Day Average 0.78

Current vs Prior 7-Day Avg -12.50%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/31 1:00pm) 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% | 1.14%1.38% | 1.82%2.25% | 3.76%

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

Current vs Prior -22.80% | -11.59%+124.96% | +21.74%-0.97% | +0.31%

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

Current vs 7-Day Avg -24.45% | -3.93%+42.42% | +5.54%+12.11% | +1.14%

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

Current vs 7-Day Eod -22.80% | -11.59%+124.96% | +23.73%-0.45% | +0.31%

Sentiment BULLISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 12.09% | 4.42%

Calls: 18.92% | 5.26%

Puts: 5.26% | 3.57%

Prior 5.12% | 3.78%

Calls: 6.67% | 4.17%

Puts: 3.57% | 3.39%

Current vs Prior +136.13% | +16.93%

Prior 7-Day Avg 5.90% | 3.21%

Calls: 6.68% | 2.83%

Puts: 5.13% | 3.60%

Current vs 7-Day Avg +104.82% | +37.51%

Liquidity Acceptable

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🤖 AI Insights

Light premium activity with dollar volume down 51% vs prior. Below-average activity with volume down 57% vs prior. Bullish P/C ratio of 0.68. 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 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
13:00	BULLISH	BULLISH	BULLISH
12:00	BULLISH	BULLISH	BULLISH
11:00	BULLISH	BULLISH	BULLISH
10:00	BEARISH	BULLISH	BULLISH

📈 Options Analysis

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💰 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

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Tightest Spreads

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Best Value <$1

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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 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 30	1.78	1.79	$1.79	0.6%	475	0.72	749
$81.50	Sep 25	1.35	1.36	$1.36	0.7%	--	0.64	752
$82.00	Oct 9	1.24	1.25	$1.25	0.8%	8	0.51	44
$70.00	Sep 18	12.30	12.40	$12.35	0.8%	--	1.00	332
$81.50	Sep 18	1.19	1.20	$1.19	0.8%	170	0.67	396

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$98.00	Sep 18	15.90	16.00	$15.95	0.6%	--	0.99	16
$82.50	Sep 25	1.05	1.06	$1.06	0.9%	1.1K	0.57	965
$83.50	Oct 9	2.01	2.03	$2.02	1.0%	--	0.69	249
$97.00	Sep 4	14.90	15.05	$14.98	1.0%	1	0.99	--
$97.00	Sep 18	14.90	15.05	$14.98	1.0%	--	0.99	298

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 150 found (avg $0.33, cheapest $0.19)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 2	0.10	0.11	$0.11	9.1%	4.3K	0.30	2.1K
$82.00	Aug 31	0.33	0.40	$0.37	18.9%	549	0.98	2.3K
$82.00	Sep 2	0.37	0.39	$0.38	5.3%	2.9K	0.82	570
$83.50	Sep 4	0.05	0.06	$0.06	16.7%	1.8K	0.10	37.0K
$83.00	Sep 4	0.11	0.12	$0.12	8.3%	3.0K	0.20	45.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 31	0.18	0.19	$0.19	5.3%	2.0K	0.74	7.2K
$81.50	Sep 2	0.08	0.09	$0.09	11.1%	683	0.22	2.4K
$82.00	Sep 2	0.24	0.25	$0.25	4.0%	2.8K	0.48	7.7K
$81.00	Sep 4	0.08	0.09	$0.09	11.1%	2.0K	0.15	5.5K
$81.50	Sep 4	0.18	0.20	$0.19	10.5%	921	0.29	1.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 256 found (avg delta 0.91, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Aug 31	14.25	14.45	$14.35	1.4%	24	1.00	--
$69.00	Aug 31	13.25	13.40	$13.33	1.1%	25	1.00	--
$70.00	Aug 31	12.25	12.45	$12.35	1.6%	13	1.00	--
$71.00	Aug 31	11.25	11.45	$11.35	1.8%	10	1.00	--
$72.00	Aug 31	10.25	10.45	$10.35	1.9%	15	1.00	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$89.00	Aug 31	6.55	6.75	$6.65	3.0%	48	0.99	--
$89.50	Aug 31	7.10	7.20	$7.15	1.4%	29	0.99	--
$90.00	Aug 31	7.55	7.75	$7.65	2.6%	15	0.99	--
$88.00	Aug 31	5.60	5.70	$5.65	1.8%	31	0.99	--
$88.50	Aug 31	6.10	6.20	$6.15	1.6%	53	0.99	--

Most actively traded options today. High liquidity = easy entry/exit. 393 active (total vol 222.9K, 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	0.44	0.45	$0.45	2.2%	21.6K	0.33	76.9K
$85.00	Sep 30	0.20	0.21	$0.21	4.8%	11.9K	0.15	48.6K
$82.50	Sep 2	0.10	0.11	$0.11	9.1%	4.3K	0.30	2.1K
$82.00	Sep 18	0.88	0.90	$0.89	2.2%	3.7K	0.54	85.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 14	0.08	0.09	$0.09	11.1%	13.4K	0.11	--
$82.00	Aug 31	0.00	0.01	$0.01	100.0%	9.2K	0.05	3.2K
$81.00	Sep 14	0.23	0.24	$0.24	4.2%	6.4K	0.25	--
$81.50	Sep 11	0.34	0.35	$0.35	2.9%	3.2K	0.35	7.1K
$80.50	Sep 2	0.01	0.02	$0.02	50.0%	2.8K	0.04	4.5K

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 21.1%, max 21.1%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 31	Oct 9	14.6%	12.0%	21.1%	2.9K	2.5K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 31	Oct 9	14.6%	12.0%	21.1%	2.0K	7.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 81 found (best R:R 0.56, avg 1.91)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$78.00	$78.50	Oct 2	$0.32	$0.18	$0.32	100%	0.56	$78.32
$81.50	$82.00	Sep 9	$0.33	$0.17	$0.33	81%	0.52	$81.83
$82.00	$82.50	Aug 31	$0.33	$0.17	$0.33	98%	0.52	$82.33
$81.50	$82.00	Sep 11	$0.31	$0.19	$0.31	74%	0.61	$81.81
$82.00	$82.50	Sep 2	$0.27	$0.23	$0.27	82%	0.85	$82.27

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.50	Oct 9	$0.22	$0.28	$0.22	52%	1.27	$81.78
$82.00	$81.00	Sep 30	$0.36	$0.64	$0.36	49%	1.78	$81.64
$82.50	$82.00	Sep 2	$0.31	$0.19	$0.31	76%	0.61	$82.19
$82.00	$81.50	Oct 2	$0.22	$0.28	$0.22	52%	1.27	$81.78
$82.00	$81.50	Sep 9	$0.18	$0.32	$0.18	49%	1.78	$81.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 47 found (best R:R 0.18, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$83.00	Oct 2	$0.22	$0.22	$0.28	56%	0.79	$82.72
$83.00	$84.00	Sep 30	$0.30	$0.30	$0.70	63%	0.43	$83.30
$82.50	$83.00	Sep 25	$0.21	$0.21	$0.29	56%	0.72	$82.71
$83.00	$84.00	Sep 14	$0.18	$0.18	$0.82	70%	0.22	$83.18
$83.00	$83.50	Oct 2	$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	$0.15	$0.15	$0.85	75%	0.18	$80.85
$81.50	$81.00	Sep 9	$0.13	$0.13	$0.37	67%	0.35	$81.37
$82.00	$81.50	Sep 2	$0.16	$0.16	$0.34	52%	0.47	$81.84
$81.50	$81.00	Sep 4	$0.10	$0.10	$0.40	70%	0.25	$81.40
$81.00	$80.00	Sep 30	$0.23	$0.23	$0.77	68%	0.30	$80.77

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. 202 found (cheapest 0.28% of stock, avg 4.18%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Aug 31	$0.04	$0.19	$0.23	$82.27	$82.73	0.28%
$82.00	Aug 31	$0.37	$0.01	$0.38	$81.62	$82.38	0.46%
$82.00	Sep 2	$0.38	$0.25	$0.63	$81.37	$82.63	0.76%
$83.00	Aug 31	$0.01	$0.66	$0.67	$82.33	$83.67	0.81%
$82.50	Sep 2	$0.11	$0.56	$0.67	$81.83	$83.17	0.81%
$82.00	Sep 4	$0.47	$0.38	$0.85	$81.15	$82.85	1.03%
$81.50	Aug 31	$0.86	$0.01	$0.87	$80.63	$82.37	1.06%
$82.50	Sep 4	$0.24	$0.67	$0.91	$81.59	$83.41	1.10%
$81.50	Sep 2	$0.85	$0.09	$0.94	$80.56	$82.44	1.14%
$82.00	Sep 9	$0.56	$0.46	$1.02	$80.98	$83.02	1.24%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 210 found (cheapest 0.06% of stock, avg 0.86%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$82.00	Aug 31	$0.04	$0.01	$0.05	$81.95	$82.55
$83.00	$81.00	Sep 2	$0.04	$0.03	$0.07	$80.93	$83.07
$84.00	$80.50	Sep 4	$0.04	$0.04	$0.08	$80.42	$84.08
$84.50	$80.00	Sep 9	$0.04	$0.05	$0.09	$79.91	$84.59
$83.50	$80.50	Sep 4	$0.06	$0.04	$0.10	$80.40	$83.60
$84.00	$80.00	Sep 9	$0.06	$0.05	$0.11	$79.89	$84.11
$85.00	$79.00	Sep 14	$0.07	$0.05	$0.12	$78.88	$85.12
$84.50	$80.50	Sep 9	$0.04	$0.08	$0.12	$80.38	$84.62
$84.00	$80.50	Sep 9	$0.06	$0.08	$0.14	$80.36	$84.14
$84.00	$81.00	Sep 4	$0.04	$0.09	$0.13	$80.87	$84.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 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
80/80	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	47%	0.79	$80.28	$84.22
80/80	84/84	Oct 9	$0.26	$0.24	38%	1.08	$80.24	$83.76
80/80	84/84	Oct 9	$0.23	$0.27	44%	0.85	$80.27	$84.23
80/81	84/84	Sep 25	$0.24	$0.26	40%	0.92	$80.76	$83.74
80/81	84/84	Sep 18	$0.21	$0.29	46%	0.72	$80.79	$83.71
80/81	83/84	Sep 18	$0.25	$0.25	38%	1.00	$80.75	$83.25
79/80	84/85	Sep 30	$0.29	$0.71	57%	0.41	$79.71	$84.29
80/81	84/85	Sep 30	$0.40	$0.60	44%	0.67	$80.60	$84.40
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. 84 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	59%	2.85
$81.50	$82.00	$82.50	Aug 31	$0.16	$0.34	74%	2.12
$82.00	$82.50	$83.00	Aug 31	$0.30	$0.20	95%	0.67
$80.00	$81.00	$82.00	Sep 30	$0.14	$0.86	35%	6.14
$79.00	$80.00	$81.00	Sep 30	$0.10	$0.90	28%	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Aug 31	$0.29	$0.21	91%	0.72
$81.50	$82.00	$82.50	Aug 31	$0.18	$0.32	72%	1.78
$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	$0.15	$0.35	55%	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. 132 found (best net $-0.01, 120 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$78.00	1:2	Sep 2	-$1.32	$1.68
$71.00	$75.00	1:2	Sep 2	-$3.41	$0.59
$81.00	$82.00	1:2	Sep 14	-$0.05	$0.95
$80.00	$81.00	1:2	Sep 14	-$0.42	$0.58
$81.50	$82.00	1:2	Sep 4	-$0.08	$0.42

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$86.00	$84.00	1:2	Sep 9	-$0.01	$1.99
$83.50	$83.00	1:2	Aug 31	-$0.17	$0.33
$83.00	$82.50	1:2	Sep 2	-$0.13	$0.37
$83.00	$82.00	1:2	Sep 30	-$0.31	$0.69
$82.00	$81.00	1:2	Sep 30	-$0.14	$0.86

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	0.44	0.2%	1.19%	1.36%	12	285
$83.00	Oct 9	$0.77	0.37	0.8%	0.93%	1.71%	69	236
$83.50	Oct 9	$0.60	0.31	1.4%	0.73%	2.11%	5	272
$82.50	Oct 2	$0.89	0.44	0.2%	1.08%	1.25%	165	891
$83.00	Oct 2	$0.68	0.36	0.8%	0.83%	1.60%	322	2.6K
$83.00	Sep 30	$0.67	0.37	0.8%	0.81%	1.59%	681	19.1K
$84.00	Oct 9	$0.46	0.25	2.0%	0.56%	2.55%	57	186
$82.50	Sep 25	$0.79	0.44	0.2%	0.96%	1.13%	287	6.4K
$83.50	Oct 2	$0.51	0.30	1.4%	0.62%	2.00%	194	8.0K
$83.00	Sep 25	$0.58	0.36	0.8%	0.70%	1.48%	334	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 132,825

Total Puts 90,082

Put/Call Ratio 0.68

Net Difference 42,743

Prior's Put/Call Breakdown

Total Calls 309,375

Total Puts 208,537

Put/Call Ratio 0.67

Net Difference 100,838

Prior 7-Day Put/Call Summary

Total Calls 1,842,486

Total Puts 1,385,844

Average Put/Call Ratio 0.78

Ratio Trend Rising

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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