TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.91 +0.04%

(9/2 12:00) ◀

Wednesday, September 2, 2026 (1:00pm)

▶ (9/2 14:00)

◀ 9/2 13:00 ▶

Option Volume

Detail

ℹ

Current (09/02 1:00pm) 141,453

Calls: 93,684 (66%)

Puts: 47,769 (34%)

Prior (08/31) 222,907

Calls: 132,825 (60%)

Puts: 90,082 (40%)

Current vs Prior -36.54%

Calls: -29.47% (Calls)

Puts: -46.97% (Puts)

Prior 7-Day Total 2,646,093

Calls: 1,655,586 (63%)

Puts: 990,507 (37%)

Prior 7-Day Average 378,013

Calls: 236,512 (63%)

Puts: 141,501 (37%)

Current vs Prior 7-Day Avg -62.58%

Calls: -60.39%

Puts: -66.24%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/02 1:00pm) $9.88M

Calls: $4.36M (44%)

Puts: $5.52M (56%)

Prior (08/31) $8.08M

Calls: $4.63M (57%)

Puts: $3.44M (43%)

Current vs Prior +22.33%

Calls: -5.85%

Puts: +60.24%

Prior 7-Day Total $131.07M

Calls: $89.58M (68%)

Puts: $41.49M (32%)

Prior 7-Day Average $18.72M

Calls: $12.80M (68%)

Puts: $5.93M (32%)

Current vs Prior 7-Day Avg -47.23%

Calls: -65.91%

Puts: -6.90%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/02 1:00pm) 0.51

Prior (08/31) 0.68

Current vs Prior -24.82%

Prior 7-Day Average 0.62

Current vs Prior 7-Day Avg -17.87%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/02 1:00pm) 3,864,355

Calls: 2,303,793 (60%)

Puts: 1,560,562 (40%)

Prior (08/31) 2,678,708

Calls: 1,678,464 (63%)

Puts: 1,000,244 (37%)

Current vs Prior +44.26%

Prior 7-Day Total 20,628,669

Calls: 12,201,610 (59%)

Puts: 8,427,059 (41%)

Prior 7-Day Average 2,946,952

Calls: 1,743,087 (59%)

Puts: 1,203,865 (41%)

Current vs Prior 7-Day Avg +31.13%

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 0.66% | 1.14%1.14% | 1.66%2.50% | 3.81%

Prior 0.85% | 1.29%1.29% | 1.80%2.53% | 3.86%

Current vs Prior -22.89% | -12.31%-12.30% | -7.52%-1.02% | -1.31%

Prior 7-Day Avg 0.93% | 1.24%1.14% | 1.80%2.46% | 3.91%

Current vs 7-Day Avg -28.80% | -8.70%-0.14% | -7.78%+1.55% | -2.48%

Prior 7-Day Eod 0.86% | 1.29%1.29% | 1.80%2.54% | 3.88%

Current vs 7-Day Eod -22.89% | -12.31%-12.30% | -7.52%-1.49% | -1.93%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 12.57% | 5.48%

Calls: 9.76% | 5.08%

Puts: 15.38% | 5.88%

Prior 6.54% | 3.08%

Calls: 9.52% | 1.61%

Puts: 3.57% | 4.55%

Current vs Prior +92.20% | +77.92%

Prior 7-Day Avg 7.10% | 3.66%

Calls: 8.71% | 3.38%

Puts: 5.49% | 3.94%

Current vs 7-Day Avg +77.15% | +49.73%

Liquidity Pricy

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🤖 AI Insights

Bullish P/C ratio of 0.51. P/C ratio dropping 25% - sentiment shifting bullish. Rising open interest (up 44%) indicates new positions being established.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

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	BEARISH	BULLISH	BULLISH
12:00	BEARISH	BULLISH	BULLISH
11:00	BEARISH	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

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High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 312 of results (avg 4.0%, best 1.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$67.00	Sep 2	14.80	14.95	$14.88	1.0%	16	0.93	121
$68.00	Sep 2	13.80	13.95	$13.88	1.1%	20	0.93	127
$70.00	Sep 18	11.95	12.10	$12.02	1.2%	53	1.00	238
$70.00	Sep 11	11.90	12.05	$11.98	1.3%	16	1.00	5
$70.00	Sep 2	11.80	11.95	$11.88	1.3%	33	0.93	31

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$96.00	Sep 18	14.05	14.20	$14.13	1.1%	--	1.00	1.0K
$95.00	Sep 2	13.05	13.20	$13.13	1.1%	2	0.94	--
$94.00	Sep 2	12.05	12.20	$12.13	1.2%	2	0.94	--
$93.00	Sep 18	11.05	11.20	$11.13	1.3%	--	1.00	51
$82.00	Sep 18	0.72	0.73	$0.73	1.4%	2.0K	0.52	115.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 151 found (avg $0.32, cheapest $0.13)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 2	0.39	0.43	$0.41	9.8%	233	0.91	326
$82.50	Sep 4	0.10	0.11	$0.11	9.1%	4.1K	0.23	15.1K
$83.00	Sep 9	0.09	0.10	$0.10	10.0%	338	0.16	1.8K
$82.00	Sep 4	0.28	0.29	$0.29	3.4%	4.8K	0.47	4.8K
$82.50	Sep 9	0.20	0.21	$0.21	4.8%	286	0.30	1.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 2	0.12	0.14	$0.13	15.4%	1.5K	0.72	10.1K
$81.00	Sep 4	0.05	0.06	$0.06	16.7%	958	0.13	5.8K
$81.50	Sep 4	0.14	0.15	$0.15	6.7%	2.6K	0.29	3.2K
$80.50	Sep 9	0.05	0.06	$0.06	16.7%	144	0.10	478
$81.00	Sep 9	0.11	0.12	$0.12	8.3%	220	0.20	1.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 238 found (avg delta 0.87, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Sep 2	4.80	4.95	$4.88	3.1%	35	1.00	55
$78.00	Sep 2	3.80	3.95	$3.88	3.9%	28	1.00	3
$79.00	Sep 2	2.83	3.00	$2.92	5.8%	21	1.00	13
$80.00	Sep 2	1.83	2.01	$1.92	9.4%	8	1.00	3
$81.00	Sep 2	0.84	0.93	$0.89	10.1%	13	1.00	242

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 4	2.07	2.16	$2.12	4.2%	2	1.00	216
$84.50	Sep 4	2.47	2.67	$2.57	7.8%	2	1.00	4
$85.00	Sep 4	3.05	3.20	$3.13	4.8%	141	1.00	1
$87.00	Sep 4	5.05	5.20	$5.13	2.9%	2	1.00	--
$86.00	Sep 11	4.05	4.20	$4.13	3.6%	2	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 426 active (total vol 140.9K, top 9.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 2	0.00	0.01	$0.01	100.0%	9.2K	0.04	10.7K
$84.00	Sep 18	0.15	0.16	$0.16	6.3%	6.8K	0.15	51.4K
$86.00	Sep 18	0.05	0.06	$0.06	16.7%	6.3K	0.05	50.6K
$87.00	Oct 16	0.14	0.15	$0.15	6.7%	5.6K	0.09	59.3K
$84.00	Oct 16	0.50	0.51	$0.51	2.0%	5.5K	0.25	83.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 18	0.03	0.04	$0.04	25.0%	4.6K	0.04	42.9K
$82.00	Sep 11	0.53	0.56	$0.55	5.5%	3.5K	0.52	11.2K
$82.00	Oct 16	1.25	1.27	$1.26	1.6%	3.3K	0.55	24.6K
$81.50	Sep 4	0.14	0.15	$0.15	6.7%	2.6K	0.29	3.2K
$81.00	Sep 30	0.51	0.53	$0.52	3.8%	2.5K	0.34	7.2K

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 16.9%, max 16.9%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Sep 2	Oct 16	11.0%	9.4%	16.9%	6.8K	13.9K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Sep 2	Oct 16	11.0%	9.4%	16.9%	4.8K	34.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 89 found (best R:R 0.67, avg 2.14)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$85.00	$86.00	Oct 16	$0.11	$0.89	$0.11	17%	8.09	$85.11
$81.50	$82.00	Sep 4	$0.30	$0.20	$0.30	71%	0.67	$81.80
$84.00	$85.00	Sep 30	$0.14	$0.86	$0.14	22%	6.14	$84.14
$83.50	$84.00	Oct 2	$0.11	$0.39	$0.11	27%	3.55	$83.61
$81.50	$82.00	Sep 11	$0.28	$0.22	$0.28	63%	0.79	$81.78

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$87.00	$86.00	Sep 30	$0.60	$0.40	$0.60	93%	0.67	$86.40
$83.00	$82.00	Sep 14	$0.62	$0.38	$0.62	76%	0.61	$82.38
$82.50	$82.00	Sep 11	$0.26	$0.24	$0.26	66%	0.92	$82.24
$82.00	$81.00	Oct 16	$0.43	$0.57	$0.43	55%	1.33	$81.57
$83.00	$82.00	Sep 16	$0.62	$0.38	$0.62	73%	0.61	$82.38

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 52 found (best R:R 0.43, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$91.00	$92.00	Sep 4	$0.19	$0.19	$0.81	92%	0.23	$91.19
$82.00	$83.00	Sep 16	$0.41	$0.41	$0.59	52%	0.69	$82.41
$82.00	$83.00	Oct 16	$0.45	$0.45	$0.55	54%	0.82	$82.45
$82.00	$83.00	Sep 30	$0.45	$0.45	$0.55	51%	0.82	$82.45
$82.00	$83.00	Sep 14	$0.36	$0.36	$0.64	53%	0.56	$82.36

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$74.00	$73.00	Sep 4	$0.30	$0.30	$0.70	90%	0.43	$73.70
$81.00	$80.00	Sep 14	$0.15	$0.15	$0.85	74%	0.18	$80.85
$81.00	$80.50	Oct 2	$0.17	$0.17	$0.33	62%	0.52	$80.83
$81.50	$81.00	Sep 9	$0.12	$0.12	$0.38	65%	0.32	$81.38
$80.00	$79.00	Sep 30	$0.13	$0.13	$0.87	79%	0.15	$79.87

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. 198 found (cheapest 0.20% of stock, avg 4.22%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Sep 2	$0.03	$0.13	$0.16	$81.84	$82.16	0.20%
$81.50	Sep 2	$0.41	$0.02	$0.43	$81.07	$81.93	0.52%
$82.50	Sep 2	$0.01	$0.61	$0.62	$81.88	$83.12	0.76%
$82.00	Sep 4	$0.29	$0.34	$0.63	$81.37	$82.63	0.77%
$81.50	Sep 4	$0.59	$0.15	$0.74	$80.76	$82.24	0.90%
$82.50	Sep 4	$0.11	$0.68	$0.79	$81.71	$83.29	0.96%
$82.00	Sep 9	$0.40	$0.45	$0.85	$81.15	$82.85	1.04%
$81.00	Sep 2	$0.89	$0.01	$0.90	$80.10	$81.90	1.10%
$81.50	Sep 9	$0.70	$0.24	$0.94	$80.56	$82.44	1.15%
$82.50	Sep 9	$0.21	$0.76	$0.97	$81.53	$83.47	1.18%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 223 found (cheapest 0.06% of stock, avg 0.97%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.00	$81.50	Sep 2	$0.03	$0.02	$0.05	$81.45	$82.05
$83.00	$80.50	Sep 4	$0.04	$0.03	$0.07	$80.43	$83.07
$83.50	$80.00	Sep 9	$0.05	$0.03	$0.08	$79.92	$83.58
$84.00	$79.50	Sep 11	$0.06	$0.04	$0.10	$79.40	$84.10
$83.00	$81.00	Sep 4	$0.04	$0.06	$0.10	$80.90	$83.10
$83.50	$80.50	Sep 9	$0.05	$0.06	$0.11	$80.39	$83.61
$84.00	$80.00	Sep 11	$0.06	$0.06	$0.12	$79.88	$84.12
$83.00	$80.00	Sep 9	$0.10	$0.03	$0.13	$79.87	$83.13
$84.00	$80.00	Sep 14	$0.08	$0.07	$0.15	$79.85	$84.15
$83.50	$79.50	Sep 11	$0.10	$0.04	$0.14	$79.36	$83.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 20 found (best R:R 0.96, avg credit $0.31)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
73/74	91/92	Sep 4	$0.49	$0.51	82%	0.96	$73.51	$91.49
80/80	83/84	Oct 2	$0.28	$0.22	36%	1.27	$80.22	$83.28
80/80	83/84	Oct 9	$0.26	$0.24	39%	1.08	$79.74	$83.26
80/80	84/84	Oct 9	$0.23	$0.27	45%	0.85	$79.77	$83.73
80/80	83/84	Oct 9	$0.29	$0.21	33%	1.38	$80.21	$83.29
80/80	84/84	Oct 9	$0.26	$0.24	39%	1.08	$80.24	$83.76
80/80	84/84	Oct 2	$0.23	$0.27	42%	0.85	$80.27	$83.73
80/81	83/84	Sep 25	$0.27	$0.23	34%	1.17	$80.73	$83.27
80/81	83/84	Sep 18	$0.23	$0.27	41%	0.85	$80.77	$83.23
81/82	82/83	Sep 9	$0.23	$0.27	36%	0.85	$81.27	$82.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 119 found (best R:R 4.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Sep 2	$0.10	$0.40	72%	4.00
$80.00	$81.00	$82.00	Sep 16	$0.11	$0.89	38%	8.09
$78.00	$79.00	$80.00	Oct 16	$0.06	$0.94	18%	15.67
$79.00	$80.00	$81.00	Oct 16	$0.10	$0.90	24%	9.00
$80.00	$81.00	$82.00	Oct 16	$0.13	$0.87	28%	6.69

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Sep 2	$0.10	$0.40	69%	4.00
$80.00	$81.00	$82.00	Sep 14	$0.20	$0.80	43%	4.00
$81.00	$82.00	$83.00	Sep 16	$0.22	$0.78	45%	3.55
$81.00	$82.00	$83.00	Sep 14	$0.27	$0.73	50%	2.70
$82.00	$83.00	$84.00	Sep 30	$0.11	$0.89	27%	8.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 165 found (best net $-1.26, 143 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$1.26	$3.74
$73.00	$77.00	1:2	Sep 4	-$0.88	$3.12
$70.00	$75.00	1:2	Oct 16	-$2.26	$2.74
$76.00	$79.00	1:2	Oct 9	-$0.52	$2.48
$77.00	$79.00	1:2	Sep 25	-$1.31	$0.69

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$88.00	$85.00	1:2	Sep 16	-$0.13	$2.87
$87.00	$85.00	1:2	Sep 4	-$1.13	$0.87
$87.00	$85.00	1:2	Sep 9	-$1.13	$0.87
$84.00	$83.00	1:2	Sep 14	-$0.25	$0.75
$83.00	$82.00	1:2	Sep 16	-$0.05	$0.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 68 found (best yield 1.53%, avg 0.43%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 16	$1.25	0.46	0.1%	1.53%	1.64%	1.8K	12.4K
$83.00	Oct 16	$0.80	0.36	1.3%	0.98%	2.31%	841	72.2K
$82.00	Oct 9	$1.13	0.47	0.1%	1.38%	1.49%	30	112
$82.50	Oct 9	$0.89	0.41	0.7%	1.09%	1.81%	179	433
$82.00	Oct 2	$1.04	0.47	0.1%	1.27%	1.38%	5	677
$82.00	Sep 30	$1.03	0.49	0.1%	1.26%	1.37%	219	8.4K
$83.00	Oct 9	$0.69	0.34	1.3%	0.84%	2.17%	20	277
$82.50	Oct 2	$0.79	0.40	0.7%	0.96%	1.68%	68	2.0K
$84.00	Oct 16	$0.50	0.25	2.5%	0.61%	3.16%	5.5K	83.8K
$82.00	Sep 25	$0.93	0.49	0.1%	1.14%	1.25%	38	2.0K

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 93,684

Total Puts 47,769

Put/Call Ratio 0.51

Net Difference 45,915

Prior's Put/Call Breakdown

Total Calls 132,825

Total Puts 90,082

Put/Call Ratio 0.68

Net Difference 42,743

Prior 7-Day Put/Call Summary

Total Calls 1,655,586

Total Puts 990,507

Average Put/Call Ratio 0.62

Ratio Trend Falling

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

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