TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.87 -0.41%

$81.85 (-0.02%)🌙

as of 09/01 04:01 PM

(9/1 15:22) ◀

Tuesday, September 1, 2026 (4:00pm)

▶

◀ 9/1 16:01

Option Volume

Detail

ℹ

Current (09/01 4:00pm) 264,052

Calls: 170,047 (64%)

Puts: 94,005 (36%)

Prior (08/31) 337,977

Calls: 214,008 (63%)

Puts: 123,969 (37%)

Current vs Prior -21.87%

Calls: -20.54% (Calls)

Puts: -24.17% (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 -42.75%

Calls: -35.40%

Puts: -52.52%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/01 4:00pm) $13.89M

Calls: $7.45M (54%)

Puts: $6.44M (46%)

Prior (08/31) $32.30M

Calls: $28.12M (87%)

Puts: $4.17M (13%)

Current vs Prior -56.98%

Calls: -73.50%

Puts: +54.31%

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 -36.15%

Calls: -34.45%

Puts: -38.00%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/01 4:00pm) 0.55

Prior (08/31) 0.58

Current vs Prior -4.57%

Prior 7-Day Average 0.78

Current vs Prior 7-Day Avg -28.68%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/01 4:00pm) 3,839,980

Calls: 2,224,931 (58%)

Puts: 1,615,049 (42%)

Prior (08/31) 2,678,708

Calls: 1,678,464 (63%)

Puts: 1,000,244 (37%)

Current vs Prior +43.35%

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 +25.50%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/02) | Next (09/04)Expiry (09/04) | Next (09/11)Expiry (09/16) | Next (10/16)

Current 0.85% | 1.29%1.29% | 1.80%2.53% | 3.86%

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

Current vs Prior -2.93% | +0.29%+110.42% | +20.01%+11.47% | +2.86%

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

Current vs 7-Day Avg -5.00% | +8.98%+33.21% | +4.04%+26.19% | +3.71%

Prior 7-Day Eod 0.88% | 1.29%1.53% | 1.93%2.31% | 3.76%

Current vs 7-Day Eod -2.93% | +0.29%-15.21% | -6.81%+9.24% | +2.74%

Sentiment BULLISHBEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 6.54% | 3.08%

Calls: 9.52% | 1.61%

Puts: 3.57% | 4.55%

Prior 5.12% | 3.78%

Calls: 6.67% | 4.17%

Puts: 3.57% | 3.39%

Current vs Prior +27.73% | -18.52%

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% | -4.18%

Liquidity Acceptable

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🤖 AI Insights

Light premium activity with dollar volume down 57% vs prior. Bullish P/C ratio of 0.55. Rising open interest (up 43%) indicates new positions being established.

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
16:00	BULLISH	BULLISH	BULLISH
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 357 of results (avg 3.3%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 30	1.66	1.67	$1.67	0.6%	175	0.65	983
$81.00	Sep 25	1.57	1.58	$1.58	0.6%	167	0.66	402
$81.50	Oct 9	1.43	1.44	$1.44	0.7%	15	0.53	146
$81.00	Sep 18	1.40	1.41	$1.40	0.7%	729	0.68	8.7K
$81.50	Sep 25	1.24	1.25	$1.25	0.8%	447	0.57	797

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$98.00	Sep 18	16.10	16.20	$16.15	0.6%	--	1.00	16
$93.00	Sep 18	11.10	11.20	$11.15	0.9%	4	1.00	1.4K
$92.00	Sep 4	10.10	10.20	$10.15	1.0%	--	1.00	48
$97.00	Sep 18	15.10	15.25	$15.18	1.0%	--	1.00	298
$96.00	Sep 18	14.10	14.25	$14.18	1.1%	--	1.00	1.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 169 found (avg $0.32, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 2	0.12	0.13	$0.13	7.7%	2.5K	0.38	485
$83.00	Sep 4	0.06	0.07	$0.07	14.3%	5.4K	0.13	52.0K
$81.50	Sep 2	0.40	0.44	$0.42	9.5%	300	0.78	132
$82.50	Sep 4	0.15	0.16	$0.16	6.3%	12.2K	0.26	8.2K
$83.50	Sep 9	0.07	0.08	$0.08	12.5%	11.5K	0.12	1.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 2	0.06	0.07	$0.07	14.3%	5.8K	0.23	4.0K
$82.00	Sep 2	0.27	0.28	$0.28	3.6%	1.7K	0.63	10.0K
$81.00	Sep 4	0.09	0.10	$0.10	10.0%	1.9K	0.18	5.6K
$81.50	Sep 4	0.21	0.22	$0.22	4.5%	1.4K	0.34	2.5K
$80.50	Sep 9	0.08	0.09	$0.09	11.1%	327	0.14	261

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 252 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$67.00	Sep 2	14.75	14.95	$14.85	1.3%	122	1.00	--
$68.00	Sep 2	13.75	13.95	$13.85	1.4%	209	1.00	--
$69.00	Sep 2	12.75	12.95	$12.85	1.6%	113	1.00	--
$70.00	Sep 2	11.75	11.95	$11.85	1.7%	31	1.00	--
$71.00	Sep 2	10.80	10.95	$10.88	1.4%	20	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Sep 18	15.10	15.25	$15.18	1.0%	--	1.00	298
$98.00	Sep 18	16.10	16.20	$16.15	0.6%	--	1.00	16
$92.00	Sep 4	10.10	10.20	$10.15	1.0%	--	1.00	48
$93.00	Sep 18	11.10	11.20	$11.15	0.9%	4	1.00	1.4K
$94.00	Sep 18	12.10	12.25	$12.18	1.2%	--	1.00	1.7K

Most actively traded options today. High liquidity = easy entry/exit. 441 active (total vol 262.7K, top 13.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 18	0.17	0.18	$0.18	5.6%	13.6K	0.16	50.4K
$82.50	Sep 4	0.15	0.16	$0.16	6.3%	12.2K	0.26	8.2K
$83.50	Sep 9	0.07	0.08	$0.08	12.5%	11.5K	0.12	1.1K
$82.50	Sep 2	0.02	0.03	$0.03	33.3%	10.9K	0.10	4.2K
$87.00	Sep 18	0.04	0.05	$0.05	20.0%	8.4K	0.04	27.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 4	0.43	0.45	$0.44	4.5%	11.6K	0.55	5.4K
$81.00	Sep 30	0.55	0.57	$0.56	3.6%	6.3K	0.35	4.1K
$81.50	Sep 2	0.06	0.07	$0.07	14.3%	5.8K	0.23	4.0K
$80.00	Oct 16	0.55	0.57	$0.56	3.6%	4.1K	0.29	77.7K
$82.00	Sep 11	0.61	0.63	$0.62	3.2%	3.7K	0.53	8.0K

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 10.4%, max 10.4%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 2	Oct 9	11.0%	10.0%	10.4%	315	278

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 2	Oct 9	11.0%	10.0%	10.4%	6.2K	4.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 95 found (best R:R 0.61, avg 1.96)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$82.00	Sep 2	$0.29	$0.21	$0.29	78%	0.72	$81.79
$85.00	$86.00	Oct 16	$0.12	$0.88	$0.12	18%	7.33	$85.12
$81.50	$82.00	Sep 4	$0.28	$0.22	$0.28	66%	0.79	$81.78
$81.00	$82.00	Sep 14	$0.62	$0.38	$0.62	72%	0.61	$81.62
$84.00	$85.00	Oct 16	$0.19	$0.81	$0.19	26%	4.26	$84.19

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 16	$0.62	$0.38	$0.62	72%	0.61	$82.38
$82.00	$81.00	Oct 16	$0.44	$0.56	$0.44	53%	1.27	$81.56
$82.00	$81.00	Sep 30	$0.40	$0.60	$0.40	52%	1.50	$81.60
$83.00	$82.00	Sep 30	$0.58	$0.42	$0.58	66%	0.72	$82.42
$81.00	$80.00	Oct 16	$0.31	$0.69	$0.31	41%	2.23	$80.69

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 54 found (best R:R 0.79, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 30	$0.44	$0.44	$0.56	52%	0.79	$82.44
$82.00	$83.00	Oct 16	$0.44	$0.44	$0.56	53%	0.79	$82.44
$82.00	$83.00	Sep 14	$0.36	$0.36	$0.64	53%	0.56	$82.36
$82.00	$83.00	Sep 16	$0.38	$0.38	$0.62	53%	0.61	$82.38
$82.00	$82.50	Oct 2	$0.24	$0.24	$0.26	53%	0.92	$82.24

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	72%	0.20	$80.83
$81.00	$80.00	Sep 16	$0.20	$0.20	$0.80	69%	0.25	$80.80
$81.00	$80.50	Sep 11	$0.11	$0.11	$0.39	73%	0.28	$80.89
$81.50	$81.00	Sep 4	$0.12	$0.12	$0.38	66%	0.32	$81.38
$80.00	$79.00	Sep 30	$0.15	$0.15	$0.85	78%	0.18	$79.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.18, cheapest $0.16)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Sep 2	Sep 4	$0.21	11.3%	13.4%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Sep 2	Sep 4	$0.16	11.3%	13.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 204 found (cheapest 0.50% of stock, avg 4.31%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Sep 2	$0.13	$0.28	$0.41	$81.59	$82.41	0.50%
$81.50	Sep 2	$0.42	$0.07	$0.49	$81.01	$81.99	0.60%
$82.50	Sep 2	$0.03	$0.67	$0.70	$81.80	$83.20	0.86%
$82.00	Sep 4	$0.34	$0.44	$0.78	$81.22	$82.78	0.95%
$81.50	Sep 4	$0.62	$0.22	$0.84	$80.66	$82.34	1.03%
$81.00	Sep 2	$0.87	$0.02	$0.89	$80.11	$81.89	1.09%
$82.50	Sep 4	$0.16	$0.78	$0.94	$81.56	$83.44	1.15%
$82.00	Sep 9	$0.44	$0.53	$0.97	$81.03	$82.97	1.18%
$81.50	Sep 9	$0.73	$0.31	$1.04	$80.46	$82.54	1.27%
$81.00	Sep 4	$1.00	$0.10	$1.10	$79.90	$82.10	1.34%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 229 found (cheapest 0.06% of stock, avg 0.98%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$81.00	Sep 2	$0.03	$0.02	$0.05	$80.95	$82.55
$83.50	$80.50	Sep 4	$0.04	$0.04	$0.08	$80.42	$83.58
$84.00	$80.00	Sep 9	$0.05	$0.04	$0.09	$79.91	$84.09
$83.00	$80.50	Sep 4	$0.07	$0.04	$0.11	$80.39	$83.11
$82.50	$81.50	Sep 2	$0.03	$0.07	$0.10	$81.40	$82.60
$83.50	$80.00	Sep 9	$0.08	$0.04	$0.12	$79.88	$83.62
$86.00	$79.00	Sep 16	$0.06	$0.07	$0.13	$78.87	$86.13
$84.00	$79.50	Sep 11	$0.09	$0.05	$0.14	$79.36	$84.14
$85.00	$79.00	Sep 16	$0.08	$0.07	$0.15	$78.85	$85.15
$84.00	$80.50	Sep 9	$0.05	$0.09	$0.14	$80.36	$84.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 18 found (best R:R 1.38, avg credit $0.30)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	83/84	Oct 2	$0.29	$0.21	35%	1.38	$80.21	$83.29
80/80	83/84	Oct 9	$0.27	$0.23	38%	1.17	$79.73	$83.27
80/80	84/84	Oct 9	$0.24	$0.26	44%	0.92	$79.76	$83.74
80/80	84/84	Oct 2	$0.25	$0.25	41%	1.00	$80.25	$83.75
80/80	83/84	Oct 9	$0.29	$0.21	32%	1.38	$80.21	$83.29
80/80	84/84	Oct 9	$0.26	$0.24	38%	1.08	$80.24	$83.76
80/81	82/83	Sep 11	$0.25	$0.25	38%	1.00	$80.75	$82.75
80/81	83/84	Sep 18	$0.25	$0.25	38%	1.00	$80.75	$83.25
80/81	84/84	Sep 25	$0.24	$0.26	40%	0.92	$80.76	$83.74
80/81	83/84	Sep 25	$0.27	$0.23	33%	1.17	$80.73	$83.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 106 found (best R:R 4.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Sep 14	$0.20	$0.80	42%	4.00
$80.00	$81.00	$82.00	Sep 16	$0.17	$0.83	38%	4.88
$81.50	$82.00	$82.50	Sep 2	$0.19	$0.31	68%	1.63
$80.00	$81.00	$82.00	Sep 30	$0.13	$0.87	30%	6.69
$81.00	$81.50	$82.00	Sep 2	$0.16	$0.34	60%	2.12

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.50	$82.00	$82.50	Sep 2	$0.18	$0.32	66%	1.78
$80.00	$81.00	$82.00	Sep 14	$0.21	$0.79	41%	3.76
$79.00	$80.00	$81.00	Sep 30	$0.09	$0.91	22%	10.11
$80.00	$81.00	$82.00	Sep 16	$0.19	$0.81	37%	4.26
$81.00	$81.50	$82.00	Sep 2	$0.16	$0.34	56%	2.12

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 162 found (best net $-0.15, 148 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$76.00	1:2	Sep 25	-$0.15	$5.85
$70.00	$75.00	1:2	Oct 16	-$2.18	$2.82
$77.00	$79.00	1:2	Sep 4	-$0.94	$1.06
$77.00	$79.00	1:2	Sep 25	-$1.27	$0.73
$77.00	$79.00	1:2	Oct 9	-$1.48	$0.52

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$88.00	$85.50	1:2	Oct 9	-$1.47	$1.03
$83.00	$82.00	1:2	Sep 16	-$0.12	$0.88
$84.00	$83.00	1:2	Sep 14	-$0.44	$0.56
$83.00	$82.50	1:2	Sep 2	-$0.18	$0.32
$84.00	$83.00	1:2	Sep 16	-$0.51	$0.49

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 79 found (best yield 1.54%, avg 0.40%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 16	$1.26	0.47	0.2%	1.54%	1.70%	1.6K	12.1K
$83.00	Oct 16	$0.82	0.36	1.4%	1.00%	2.38%	3.8K	72.7K
$82.00	Oct 9	$1.15	0.47	0.2%	1.40%	1.56%	90	50
$82.50	Oct 9	$0.91	0.40	0.8%	1.11%	1.88%	171	306
$82.00	Oct 2	$1.05	0.47	0.2%	1.28%	1.44%	38	666
$82.00	Sep 30	$1.04	0.48	0.2%	1.27%	1.43%	976	7.8K
$83.00	Oct 9	$0.71	0.34	1.4%	0.87%	2.25%	20	276
$84.00	Oct 16	$0.52	0.26	2.6%	0.64%	3.24%	1.7K	82.9K
$82.50	Oct 2	$0.81	0.40	0.8%	0.99%	1.76%	1.1K	941
$83.50	Oct 9	$0.55	0.29	2.0%	0.67%	2.66%	204	285

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 170,047

Total Puts 94,005

Put/Call Ratio 0.55

Net Difference 76,042

Prior's Put/Call Breakdown

Total Calls 214,008

Total Puts 123,969

Put/Call Ratio 0.58

Net Difference 90,039

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 - 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

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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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