TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.36 -0.63%

(8/31 13:01) ◀

Monday, August 31, 2026 (2:00pm)

▶ (8/31 15:01)

◀ 8/31 14:01 ▶

Option Volume

Detail

ℹ

Current (08/31 2:00pm) 247,069

Calls: 152,989 (62%)

Puts: 94,080 (38%)

Prior (08/28) 543,849

Calls: 328,567 (60%)

Puts: 215,282 (40%)

Current vs Prior -54.57%

Calls: -53.44% (Calls)

Puts: -56.30% (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 -46.43%

Calls: -41.88%

Puts: -52.48%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/31 2:00pm) $16.00M

Calls: $12.34M (77%)

Puts: $3.66M (23%)

Prior (08/28) $17.24M

Calls: $9.64M (56%)

Puts: $7.60M (44%)

Current vs Prior -7.21%

Calls: +27.94%

Puts: -51.82%

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 -26.48%

Calls: +8.50%

Puts: -64.76%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/31 2:00pm) 0.61

Prior (08/28) 0.66

Current vs Prior -6.15%

Prior 7-Day Average 0.78

Current vs Prior 7-Day Avg -20.67%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/31 2:00pm) 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 0.67% | 1.13%1.36% | 1.81%2.23% | 3.78%

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

Current vs Prior -24.18% | -12.54%+121.01% | +20.92%-1.51% | +0.63%

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

Current vs 7-Day Avg -25.80% | -4.95%+39.92% | +4.83%+11.50% | +1.46%

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

Current vs 7-Day Eod -24.18% | -12.54%+121.01% | +22.90%-0.98% | +0.63%

Sentiment BULLISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 13.66% | 4.49%

Calls: 16.22% | 5.41%

Puts: 11.11% | 3.57%

Prior 5.12% | 3.78%

Calls: 6.67% | 4.17%

Puts: 3.57% | 3.39%

Current vs Prior +166.80% | +18.78%

Prior 7-Day Avg 5.90% | 3.21%

Calls: 6.68% | 2.83%

Puts: 5.13% | 3.60%

Current vs 7-Day Avg +131.41% | +39.69%

Liquidity Acceptable

Add Card

🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($12.34M) vs puts ($3.66M). Below-average activity with volume down 55% vs prior. Bullish P/C ratio of 0.61. 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
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 341 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%	13	0.64	752
$82.00	Oct 9	1.24	1.25	$1.25	0.8%	8	0.51	44
$82.00	Sep 30	1.14	1.15	$1.15	0.9%	410	0.53	7.7K
$82.00	Sep 25	1.05	1.06	$1.06	0.9%	355	0.53	1.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Sep 4	14.95	15.05	$15.00	0.7%	1	0.99	--
$97.00	Sep 18	14.95	15.05	$15.00	0.7%	--	0.99	298
$96.00	Sep 18	13.95	14.05	$14.00	0.7%	--	0.99	1.1K
$95.00	Sep 4	12.95	13.05	$13.00	0.8%	1	0.99	--
$83.00	Sep 18	1.26	1.27	$1.27	0.8%	1.9K	0.67	79.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 151 found (avg $0.32, cheapest $0.18)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 2	0.10	0.11	$0.11	9.1%	4.7K	0.30	2.1K
$82.00	Aug 31	0.34	0.40	$0.37	16.2%	611	0.96	2.3K
$82.00	Sep 2	0.36	0.38	$0.37	5.4%	2.9K	0.80	570
$83.50	Sep 4	0.05	0.06	$0.06	16.7%	2.1K	0.10	37.0K
$83.00	Sep 4	0.11	0.12	$0.12	8.3%	3.7K	0.20	45.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 31	0.17	0.19	$0.18	11.1%	2.2K	0.78	7.2K
$81.50	Sep 2	0.08	0.09	$0.09	11.1%	754	0.22	2.4K
$82.00	Sep 2	0.24	0.25	$0.25	4.0%	3.0K	0.48	7.7K
$81.00	Sep 4	0.09	0.10	$0.10	10.0%	2.0K	0.16	5.5K
$81.50	Sep 4	0.19	0.20	$0.20	5.0%	951	0.30	1.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 265 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	14.40	$14.33	1.0%	24	1.00	--
$69.00	Aug 31	13.25	13.40	$13.33	1.1%	25	1.00	--
$70.00	Aug 31	12.25	12.40	$12.33	1.2%	14	1.00	--
$71.00	Aug 31	11.25	11.40	$11.33	1.3%	11	1.00	--
$72.00	Aug 31	10.25	10.40	$10.33	1.5%	15	1.00	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$89.00	Aug 31	6.60	6.75	$6.68	2.2%	48	0.99	--
$89.50	Aug 31	7.10	7.25	$7.18	2.1%	30	0.99	--
$90.00	Aug 31	7.60	7.75	$7.68	2.0%	16	0.99	--
$88.00	Aug 31	5.60	5.75	$5.68	2.6%	35	0.99	--
$88.50	Aug 31	6.10	6.25	$6.18	2.4%	53	0.99	--

Most actively traded options today. High liquidity = easy entry/exit. 428 active (total vol 246.2K, top 23.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Sep 18	0.10	0.11	$0.11	9.1%	23.1K	0.10	101.1K
$83.00	Sep 18	0.44	0.45	$0.45	2.2%	22.0K	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%	4.7K	0.30	2.1K
$82.00	Sep 18	0.88	0.89	$0.89	1.1%	3.8K	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	0.06	3.2K
$81.00	Sep 14	0.23	0.24	$0.24	4.2%	6.4K	0.25	--
$80.00	Sep 18	0.16	0.17	$0.17	5.9%	3.4K	0.15	65.7K
$81.50	Sep 11	0.34	0.35	$0.35	2.9%	3.2K	0.35	7.1K

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 26.3%, max 26.3%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 31	Oct 9	15.2%	12.0%	26.3%	3.1K	2.5K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 31	Oct 9	15.2%	12.0%	26.3%	2.3K	7.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 80 found (best R:R 0.96, avg 1.90)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$77.00	$78.00	Oct 2	$0.51	$0.49	$0.51	100%	0.96	$77.51
$81.50	$82.00	Sep 9	$0.33	$0.17	$0.33	81%	0.52	$81.83
$81.50	$82.00	Sep 11	$0.30	$0.20	$0.30	74%	0.67	$81.80
$82.00	$82.50	Sep 2	$0.26	$0.24	$0.26	80%	0.92	$82.26
$82.00	$82.50	Sep 4	$0.22	$0.28	$0.22	62%	1.27	$82.22

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$86.50	$86.00	Oct 2	$0.18	$0.32	$0.18	92%	1.78	$86.32
$83.00	$82.00	Sep 14	$0.60	$0.40	$0.60	72%	0.67	$82.40
$82.00	$81.00	Sep 30	$0.36	$0.64	$0.36	49%	1.78	$81.64
$81.50	$81.00	Oct 9	$0.18	$0.32	$0.18	45%	1.78	$81.32
$82.50	$82.00	Sep 2	$0.31	$0.19	$0.31	76%	0.61	$82.19

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 46 found (best R:R 0.18, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 30	$0.30	$0.30	$0.70	63%	0.43	$83.30
$83.00	$84.00	Sep 14	$0.18	$0.18	$0.82	71%	0.22	$83.18
$83.00	$83.50	Sep 18	$0.15	$0.15	$0.35	67%	0.43	$83.15
$82.50	$83.00	Sep 25	$0.21	$0.21	$0.29	56%	0.72	$82.71
$82.50	$83.00	Oct 2	$0.21	$0.21	$0.29	56%	0.72	$82.71

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
$82.00	$81.50	Sep 2	$0.16	$0.16	$0.34	52%	0.47	$81.84
$80.00	$79.00	Sep 30	$0.13	$0.13	$0.87	80%	0.15	$79.87
$81.50	$81.00	Sep 4	$0.10	$0.10	$0.40	70%	0.25	$81.40
$81.50	$81.00	Sep 11	$0.14	$0.14	$0.36	65%	0.39	$81.36

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. 209 found (cheapest 0.25% of stock, avg 4.22%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Aug 31	$0.03	$0.18	$0.21	$82.29	$82.71	0.25%
$82.00	Aug 31	$0.37	$0.01	$0.38	$81.62	$82.38	0.46%
$82.00	Sep 2	$0.37	$0.25	$0.62	$81.38	$82.62	0.75%
$82.50	Sep 2	$0.11	$0.56	$0.67	$81.83	$83.17	0.81%
$83.00	Aug 31	$0.01	$0.67	$0.68	$82.32	$83.68	0.83%
$81.50	Aug 31	$0.83	$0.01	$0.84	$80.66	$82.34	1.02%
$82.00	Sep 4	$0.46	$0.38	$0.84	$81.16	$82.84	1.02%
$82.50	Sep 4	$0.24	$0.66	$0.90	$81.60	$83.40	1.09%
$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 0.05% 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	$0.01	$0.04	$81.96	$82.54
$83.00	$81.00	Sep 2	$0.04	$0.03	$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
$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	$0.08	$0.12	$80.38	$84.62
$84.00	$80.50	Sep 9	$0.06	$0.08	$0.14	$80.36	$84.14
$83.00	$81.50	Sep 2	$0.04	$0.09	$0.13	$81.37	$83.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 9 found (best R:R 1.00, avg credit $0.27)

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
80/81	83/84	Sep 18	$0.26	$0.24	38%	1.08	$80.74	$83.26
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
79/80	84/85	Sep 30	$0.29	$0.71	56%	0.41	$79.71	$84.29
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	46%	0.49	$80.67	$83.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 86 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	$0.12	$0.38	75%	3.17
$80.00	$81.00	$82.00	Sep 30	$0.13	$0.87	34%	6.69
$82.00	$82.50	$83.00	Aug 31	$0.32	$0.18	92%	0.56
$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
$81.50	$82.00	$82.50	Aug 31	$0.17	$0.33	75%	1.94
$82.00	$82.50	$83.00	Aug 31	$0.32	$0.18	91%	0.56
$80.00	$81.00	$82.00	Sep 14	$0.18	$0.82	38%	4.56
$81.50	$82.00	$82.50	Sep 2	$0.15	$0.35	54%	2.33
$81.00	$82.00	$83.00	Sep 14	$0.27	$0.73	46%	2.70

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 $-0.35, 124 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$76.00	1:2	Sep 25	-$0.35	$5.65
$75.00	$78.00	1:2	Sep 2	-$1.31	$1.69
$71.00	$75.00	1:2	Sep 2	-$3.37	$0.63
$80.00	$81.00	1:2	Sep 14	-$0.40	$0.60
$77.00	$79.00	1:2	Oct 9	-$1.55	$0.45

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$86.00	$84.00	1:2	Sep 9	-$0.03	$1.97
$84.00	$83.00	1:2	Sep 14	-$0.32	$0.68
$83.50	$83.00	1:2	Aug 31	-$0.17	$0.33
$83.00	$82.50	1:2	Sep 2	-$0.12	$0.38
$83.00	$82.00	1:2	Sep 30	-$0.31	$0.69

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	0.43	0.2%	1.08%	1.25%	166	891
$83.00	Oct 2	$0.68	0.36	0.8%	0.83%	1.60%	322	2.6K
$83.00	Sep 30	$0.66	0.37	0.8%	0.80%	1.58%	702	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%	297	6.4K
$83.50	Oct 2	$0.51	0.29	1.4%	0.62%	2.00%	199	8.0K
$83.00	Sep 25	$0.58	0.36	0.8%	0.70%	1.48%	388	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 152,989

Total Puts 94,080

Put/Call Ratio 0.61

Net Difference 58,909

Prior's Put/Call Breakdown

Total Calls 328,567

Total Puts 215,282

Put/Call Ratio 0.66

Net Difference 113,285

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