TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.42 -0.56%

(8/31 14:01) ◀

Monday, August 31, 2026 (3:00pm)

▶ (8/31 15:17)

◀ 8/31 15:01 ▶

Option Volume

Detail

ℹ

Current (08/31 3:00pm) 293,537

Calls: 186,637 (64%)

Puts: 106,900 (36%)

Prior (08/28) 578,851

Calls: 351,328 (61%)

Puts: 227,523 (39%)

Current vs Prior -49.29%

Calls: -46.88% (Calls)

Puts: -53.02% (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 -36.35%

Calls: -29.09%

Puts: -46.00%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/31 3:00pm) $30.37M

Calls: $26.24M (86%)

Puts: $4.13M (14%)

Prior (08/28) $18.20M

Calls: $10.14M (56%)

Puts: $8.06M (44%)

Current vs Prior +66.85%

Calls: +158.74%

Puts: -48.81%

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 +39.57%

Calls: +130.80%

Puts: -60.29%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/31 3:00pm) 0.57

Prior (08/28) 0.65

Current vs Prior -11.56%

Prior 7-Day Average 0.78

Current vs Prior 7-Day Avg -26.10%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/31 3:00pm) 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% | 1.15%1.36% | 1.81%2.27% | 3.79%

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

Current vs Prior -24.24% | -10.72%+120.85% | +20.83%+0.03% | +0.88%

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

Current vs 7-Day Avg -25.86% | -2.98%+39.82% | +4.76%+13.24% | +1.72%

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

Current vs 7-Day Eod -24.24% | -10.72%+120.85% | +22.81%+0.56% | +0.88%

Sentiment BULLISHBEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 13.37% | 2.12%

Calls: 19.05% | 2.33%

Puts: 7.69% | 1.92%

Prior 5.12% | 3.78%

Calls: 6.67% | 4.17%

Puts: 3.57% | 3.39%

Current vs Prior +161.13% | -43.92%

Prior 7-Day Avg 5.90% | 3.21%

Calls: 6.68% | 2.83%

Puts: 5.13% | 3.60%

Current vs 7-Day Avg +126.50% | -34.04%

Liquidity Good

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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($26.24M) vs puts ($4.13M). Elevated premium activity with dollar volume up 67% vs prior. Below-average activity with volume down 49% vs prior. Bullish P/C ratio of 0.57.

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
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 345 of results (avg 3.2%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 25	1.39	1.40	$1.40	0.7%	13	0.65	752
$81.50	Sep 18	1.23	1.24	$1.23	0.8%	171	0.68	396
$80.50	Oct 9	2.27	2.29	$2.28	0.9%	12	0.80	--
$82.00	Sep 25	1.08	1.09	$1.09	0.9%	356	0.55	1.5K
$81.50	Sep 11	1.02	1.03	$1.02	1.0%	1.4K	0.75	1.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Sep 18	14.85	14.95	$14.90	0.7%	--	0.99	298
$95.00	Sep 18	12.85	12.95	$12.90	0.8%	--	0.99	2.0K
$83.00	Sep 18	1.23	1.24	$1.23	0.8%	2.1K	0.66	79.3K
$83.00	Sep 11	1.11	1.12	$1.12	0.9%	59	0.71	2.9K
$98.00	Sep 18	15.85	16.00	$15.93	0.9%	--	0.99	16

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 150 found (avg $0.32, cheapest $0.13)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 2	0.11	0.12	$0.12	8.3%	5.0K	0.34	2.1K
$82.00	Aug 31	0.38	0.46	$0.42	19.0%	680	0.95	2.3K
$82.00	Sep 2	0.42	0.43	$0.43	2.3%	3.1K	0.88	570
$83.50	Sep 4	0.05	0.06	$0.06	16.7%	2.1K	0.11	37.0K
$83.00	Sep 4	0.12	0.13	$0.13	7.7%	3.9K	0.21	45.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 31	0.12	0.13	$0.13	7.7%	2.9K	0.66	7.2K
$81.50	Sep 2	0.07	0.08	$0.08	12.5%	997	0.20	2.4K
$82.00	Sep 2	0.22	0.23	$0.23	4.3%	3.1K	0.45	7.7K
$81.00	Sep 4	0.07	0.08	$0.08	12.5%	2.0K	0.14	5.5K
$83.00	Aug 31	0.56	0.63	$0.60	11.7%	385	0.96	4.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 269 found (avg delta 0.91, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Sep 2	14.35	14.50	$14.43	1.0%	2	1.00	--
$69.00	Sep 2	13.35	13.50	$13.43	1.1%	2	1.00	--
$70.00	Sep 2	12.35	12.50	$12.43	1.2%	70	1.00	16
$71.00	Sep 2	11.35	11.50	$11.43	1.3%	140	1.00	48
$72.00	Sep 2	10.35	10.50	$10.43	1.4%	5	1.00	3

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Aug 31	1.05	1.12	$1.09	6.4%	115	1.00	766
$84.00	Aug 31	1.54	1.62	$1.58	5.1%	104	1.00	123
$84.50	Aug 31	2.04	2.12	$2.08	3.8%	13	1.00	--
$85.00	Aug 31	2.54	2.62	$2.58	3.1%	28	1.00	--
$85.50	Aug 31	3.00	3.15	$3.08	4.9%	27	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 444 active (total vol 291.1K, top 23.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Sep 18	0.10	0.11	$0.11	9.1%	23.2K	0.10	101.1K
$83.00	Sep 18	0.46	0.47	$0.47	2.1%	22.2K	0.34	76.9K
$85.00	Sep 30	0.21	0.22	$0.22	4.5%	11.9K	0.15	48.6K
$78.00	Sep 18	4.35	4.45	$4.40	2.3%	6.3K	1.00	1.6K
$82.50	Sep 2	0.11	0.12	$0.12	8.3%	5.0K	0.34	2.1K

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	0.10	--
$82.00	Aug 31	0.00	0.01	$0.01	100.0%	9.2K	0.05	3.2K
$82.00	Sep 11	0.52	0.53	$0.53	1.9%	6.7K	0.47	3.0K
$81.00	Sep 14	0.22	0.23	$0.23	4.3%	6.4K	0.24	--
$80.00	Sep 18	0.16	0.17	$0.17	5.9%	3.4K	0.15	65.7K

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 68.3%, max 68.3%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 31	Oct 9	20.3%	12.1%	68.3%	3.3K	2.5K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Aug 31	Oct 9	20.3%	12.1%	68.3%	2.9K	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 0.67, avg 1.89)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$80.00	$80.50	Oct 2	$0.32	$0.18	$0.32	89%	0.56	$80.32
$81.50	$82.00	Sep 11	$0.31	$0.19	$0.31	75%	0.61	$81.81
$82.00	$82.50	Sep 4	$0.23	$0.27	$0.23	66%	1.17	$82.23
$82.00	$82.50	Sep 2	$0.31	$0.19	$0.31	88%	0.61	$82.31
$81.50	$82.00	Sep 18	$0.30	$0.20	$0.30	68%	0.67	$81.80

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$86.00	$85.50	Oct 2	$0.30	$0.20	$0.30	90%	0.67	$85.70
$86.50	$86.00	Oct 2	$0.33	$0.17	$0.33	92%	0.52	$86.17
$83.00	$82.50	Sep 18	$0.29	$0.21	$0.29	66%	0.72	$82.71
$82.00	$81.00	Sep 30	$0.35	$0.65	$0.35	48%	1.86	$81.65
$82.50	$82.00	Sep 2	$0.29	$0.21	$0.29	74%	0.72	$82.21

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

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 30	$0.31	$0.31	$0.69	62%	0.45	$83.31
$82.50	$83.00	Oct 2	$0.22	$0.22	$0.28	56%	0.79	$82.72
$83.00	$84.00	Sep 14	$0.19	$0.19	$0.81	69%	0.23	$83.19
$83.00	$83.50	Oct 2	$0.18	$0.18	$0.32	63%	0.56	$83.18
$83.50	$84.00	Oct 9	$0.15	$0.15	$0.35	68%	0.43	$83.65

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Sep 14	$0.14	$0.14	$0.86	76%	0.16	$80.86
$82.00	$81.50	Sep 2	$0.15	$0.15	$0.35	55%	0.43	$81.85
$81.50	$81.00	Sep 9	$0.12	$0.12	$0.38	68%	0.32	$81.38
$82.00	$81.00	Sep 14	$0.32	$0.32	$0.68	53%	0.47	$81.68
$82.00	$81.50	Sep 4	$0.17	$0.17	$0.33	54%	0.52	$81.83

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.23, cheapest $0.07)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Aug 31	Sep 2	$0.07	20.3%	10.1%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Aug 31	Sep 2	$0.39	20.3%	10.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 211 found (cheapest 0.22% of stock, avg 4.25%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Aug 31	$0.05	$0.13	$0.18	$82.32	$82.68	0.22%
$82.00	Aug 31	$0.42	$0.01	$0.43	$81.57	$82.43	0.52%
$83.00	Aug 31	$0.01	$0.60	$0.61	$82.39	$83.61	0.74%
$82.50	Sep 2	$0.12	$0.52	$0.64	$81.86	$83.14	0.78%
$82.00	Sep 2	$0.43	$0.23	$0.66	$81.34	$82.66	0.80%
$82.00	Sep 4	$0.49	$0.35	$0.84	$81.16	$82.84	1.02%
$82.50	Sep 4	$0.26	$0.63	$0.89	$81.61	$83.39	1.08%
$81.50	Aug 31	$0.91	$0.01	$0.92	$80.58	$82.42	1.12%
$83.00	Sep 2	$0.04	$0.94	$0.98	$82.02	$83.98	1.19%
$81.50	Sep 2	$0.92	$0.08	$1.00	$80.50	$82.50	1.21%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 209 found (cheapest 0.08% of stock, avg 0.86%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.00	$81.00	Sep 2	$0.04	$0.03	$0.07	$80.93	$83.07
$84.50	$80.00	Sep 9	$0.04	$0.04	$0.08	$79.92	$84.58
$84.00	$80.50	Sep 4	$0.04	$0.04	$0.08	$80.42	$84.08
$84.00	$80.00	Sep 9	$0.06	$0.04	$0.10	$79.90	$84.10
$83.50	$80.50	Sep 4	$0.06	$0.04	$0.10	$80.40	$83.60
$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	$81.00	Sep 4	$0.04	$0.08	$0.12	$80.88	$84.12
$83.00	$81.50	Sep 2	$0.04	$0.08	$0.12	$81.38	$83.12
$84.00	$80.50	Sep 9	$0.06	$0.08	$0.14	$80.36	$84.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 11 found (best R:R 1.17, avg credit $0.26)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	84/84	Oct 9	$0.27	$0.23	38%	1.17	$80.23	$83.77
80/80	84/84	Oct 2	$0.25	$0.25	41%	1.00	$80.25	$83.75
80/80	84/84	Oct 9	$0.23	$0.27	44%	0.85	$80.27	$84.23
80/80	84/84	Oct 2	$0.21	$0.29	47%	0.72	$80.29	$84.21
80/81	83/84	Sep 18	$0.25	$0.25	38%	1.00	$80.75	$83.25
80/81	84/84	Sep 18	$0.20	$0.30	46%	0.67	$80.80	$83.70
80/81	84/84	Sep 25	$0.23	$0.27	40%	0.85	$80.77	$83.73
81/82	83/84	Sep 11	$0.24	$0.26	36%	0.92	$81.26	$83.24
79/80	84/85	Sep 30	$0.29	$0.71	56%	0.41	$79.71	$84.29
80/81	84/85	Sep 30	$0.39	$0.61	44%	0.64	$80.61	$84.39

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 84 found (best R:R 3.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$82.00	$83.00	Sep 14	$0.25	$0.75	59%	3.00
$81.50	$82.00	$82.50	Aug 31	$0.12	$0.38	63%	3.17
$79.00	$80.00	$81.00	Sep 30	$0.09	$0.91	27%	10.11
$80.00	$81.00	$82.00	Sep 30	$0.14	$0.86	34%	6.14
$82.00	$82.50	$83.00	Aug 31	$0.33	$0.17	91%	0.52

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.50	$82.00	$82.50	Aug 31	$0.12	$0.38	63%	3.17
$82.00	$82.50	$83.00	Aug 31	$0.35	$0.15	91%	0.43
$80.00	$81.00	$82.00	Sep 14	$0.18	$0.82	37%	4.56
$81.50	$82.00	$82.50	Sep 2	$0.14	$0.36	55%	2.57
$80.00	$81.00	$82.00	Sep 30	$0.13	$0.87	28%	6.69

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 141 found (best net $-2.43, 127 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 25	-$2.43	$2.57
$75.00	$78.00	1:2	Sep 2	-$1.43	$1.57
$81.00	$82.00	1:2	Sep 14	-$0.07	$0.93
$80.00	$81.00	1:2	Sep 14	-$0.44	$0.56
$77.00	$79.00	1:2	Oct 9	-$1.55	$0.45

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$84.00	$83.00	1:2	Sep 14	-$0.31	$0.69
$83.50	$83.00	1:2	Aug 31	-$0.11	$0.39
$83.00	$82.50	1:2	Sep 2	-$0.10	$0.40
$83.00	$82.00	1:2	Sep 30	-$0.30	$0.70
$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 1.23%, avg 0.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Oct 9	$1.01	0.45	0.1%	1.23%	1.32%	22	285
$83.00	Oct 9	$0.80	0.38	0.7%	0.97%	1.67%	77	236
$83.50	Oct 9	$0.62	0.32	1.3%	0.75%	2.06%	13	272
$82.50	Oct 2	$0.92	0.45	0.1%	1.12%	1.21%	168	891
$83.00	Oct 2	$0.71	0.37	0.7%	0.86%	1.57%	322	2.6K
$83.00	Sep 30	$0.69	0.38	0.7%	0.84%	1.54%	707	19.1K
$84.00	Oct 9	$0.47	0.26	1.9%	0.57%	2.49%	57	186
$82.50	Sep 25	$0.82	0.45	0.1%	0.99%	1.09%	302	6.4K
$83.50	Oct 2	$0.53	0.30	1.3%	0.64%	1.95%	699	8.0K
$83.00	Sep 25	$0.61	0.37	0.7%	0.74%	1.44%	404	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 186,637

Total Puts 106,900

Put/Call Ratio 0.57

Net Difference 79,737

Prior's Put/Call Breakdown

Total Calls 351,328

Total Puts 227,523

Put/Call Ratio 0.65

Net Difference 123,805

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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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

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📈 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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