TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.85 -0.02%

(9/2 13:00) ◀

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

▶ (9/2 15:00)

◀ 9/2 14:00 ▶

Option Volume

Detail

ℹ

Current (09/02 2:00pm) 166,204

Calls: 107,120 (64%)

Puts: 59,084 (36%)

Prior (08/31) 247,069

Calls: 152,989 (62%)

Puts: 94,080 (38%)

Current vs Prior -32.73%

Calls: -29.98% (Calls)

Puts: -37.20% (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 -56.03%

Calls: -54.71%

Puts: -58.24%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/02 2:00pm) $10.77M

Calls: $4.75M (44%)

Puts: $6.02M (56%)

Prior (08/31) $16.00M

Calls: $12.34M (77%)

Puts: $3.66M (23%)

Current vs Prior -32.68%

Calls: -61.51%

Puts: +64.47%

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 -42.48%

Calls: -62.89%

Puts: +1.57%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/02 2:00pm) 0.55

Prior (08/31) 0.61

Current vs Prior -10.31%

Prior 7-Day Average 0.62

Current vs Prior 7-Day Avg -11.16%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/02 2:00pm) 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% | 1.65%2.38% | 3.79%

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

Current vs Prior -22.84% | -12.24%-12.24% | -8.14%-5.77% | -1.88%

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

Current vs 7-Day Avg -28.75% | -8.63%-0.07% | -8.39%-3.33% | -3.04%

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

Current vs 7-Day Eod -22.84% | -12.24%-12.24% | -8.14%-6.23% | -2.49%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 21.71% | 2.25%

Calls: 18.42% | 1.79%

Puts: 25.00% | 2.70%

Prior 6.54% | 3.08%

Calls: 9.52% | 1.61%

Puts: 3.57% | 4.55%

Current vs Prior +231.96% | -26.95%

Prior 7-Day Avg 7.10% | 3.66%

Calls: 8.71% | 3.38%

Puts: 5.49% | 3.94%

Current vs 7-Day Avg +205.96% | -38.52%

Liquidity Good

Add Card

🤖 AI Insights

Bullish P/C ratio of 0.55. 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
14:00	BEARISH	BULLISH	BULLISH
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

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 338 of results (avg 3.1%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 25	1.53	1.54	$1.54	0.6%	97	0.67	479
$81.00	Sep 18	1.36	1.37	$1.37	0.7%	659	0.69	9.2K
$80.00	Oct 16	2.53	2.55	$2.54	0.8%	121	0.74	3.1K
$82.00	Oct 16	1.23	1.24	$1.23	0.8%	1.8K	0.47	12.4K
$81.50	Sep 25	1.20	1.21	$1.21	0.8%	233	0.58	909

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 2	1.09	1.10	$1.10	0.9%	37	0.54	1.2K
$83.50	Oct 9	2.13	2.15	$2.14	0.9%	7	0.72	287
$83.50	Oct 2	2.05	2.07	$2.06	1.0%	42	0.73	417
$81.50	Oct 9	0.95	0.96	$0.96	1.0%	147	0.47	1.2K
$96.00	Sep 18	14.05	14.20	$14.13	1.1%	--	1.00	1.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 160 found (avg $0.31, cheapest $0.38)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 2	0.34	0.41	$0.38	18.4%	322	0.94	326
$82.50	Sep 4	0.09	0.10	$0.10	10.0%	4.6K	0.21	15.1K
$82.00	Sep 4	0.25	0.27	$0.26	7.7%	5.2K	0.44	4.8K
$83.00	Sep 9	0.08	0.09	$0.09	11.1%	338	0.15	1.8K
$82.50	Sep 9	0.19	0.20	$0.20	5.0%	391	0.28	1.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 4	0.05	0.06	$0.06	16.7%	1.2K	0.14	5.8K
$81.50	Sep 4	0.14	0.15	$0.15	6.7%	3.0K	0.30	3.2K
$80.50	Sep 9	0.05	0.06	$0.06	16.7%	144	0.10	478
$81.00	Sep 9	0.12	0.13	$0.13	7.7%	225	0.21	1.9K
$82.50	Sep 2	0.58	0.68	$0.63	15.9%	45	0.96	2.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 239 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$67.00	Sep 2	14.80	14.95	$14.88	1.0%	16	1.00	121
$68.00	Sep 2	13.80	13.95	$13.88	1.1%	20	1.00	127
$69.00	Sep 2	12.80	12.95	$12.88	1.2%	28	1.00	83
$70.00	Sep 2	11.80	11.95	$11.88	1.3%	33	1.00	31
$71.00	Sep 2	10.80	10.95	$10.88	1.4%	16	1.00	19

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 4	2.09	2.18	$2.13	4.2%	2	1.00	216
$84.50	Sep 4	2.58	2.67	$2.63	3.4%	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. 436 active (total vol 165.6K, 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	0.14	0.15	$0.15	6.7%	8.3K	0.14	51.4K
$86.00	Sep 18	0.04	0.05	$0.05	20.0%	7.4K	0.05	50.6K
$82.00	Sep 2	0.01	0.02	$0.02	50.0%	6.2K	0.18	1.4K
$82.50	Sep 18	0.50	0.51	$0.51	2.0%	5.6K	0.38	4.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Oct 16	0.32	0.33	$0.33	3.0%	5.1K	0.19	66.6K
$78.00	Sep 18	0.03	0.04	$0.04	25.0%	4.6K	0.04	42.9K
$82.00	Sep 11	0.55	0.56	$0.56	1.8%	3.5K	0.53	11.2K
$81.00	Sep 30	0.52	0.53	$0.53	1.9%	3.5K	0.34	7.2K
$82.00	Oct 16	1.27	1.29	$1.28	1.6%	3.3K	0.54	24.6K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. -- strikes (avg --%, max --%)

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 90 found (best R:R 0.52, avg 2.10)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$85.00	$86.00	Oct 16	$0.10	$0.90	$0.10	17%	9.00	$85.10
$84.00	$85.00	Sep 30	$0.13	$0.87	$0.13	21%	6.69	$84.13
$83.00	$83.50	Sep 18	$0.11	$0.39	$0.11	28%	3.55	$83.11
$81.00	$82.00	Sep 14	$0.64	$0.36	$0.64	74%	0.56	$81.64
$81.50	$82.00	Sep 4	$0.30	$0.20	$0.30	70%	0.67	$81.80

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 14	$0.66	$0.34	$0.66	77%	0.52	$82.34
$82.00	$81.00	Sep 30	$0.39	$0.61	$0.39	52%	1.56	$81.61
$82.00	$81.00	Oct 16	$0.44	$0.56	$0.44	54%	1.27	$81.56
$83.00	$82.00	Sep 30	$0.58	$0.42	$0.58	66%	0.72	$82.42
$81.00	$80.00	Oct 16	$0.30	$0.70	$0.30	41%	2.33	$80.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 51 found (best R:R 0.79, avg 0.44)

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	Sep 14	$0.35	$0.35	$0.65	53%	0.54	$82.35
$82.00	$83.00	Sep 16	$0.37	$0.37	$0.63	53%	0.59	$82.37
$82.00	$83.00	Oct 16	$0.43	$0.43	$0.57	53%	0.75	$82.43
$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	$0.15	$0.15	$0.85	74%	0.18	$80.85
$81.00	$80.00	Sep 16	$0.17	$0.17	$0.83	71%	0.20	$80.83
$80.00	$79.00	Oct 16	$0.21	$0.21	$0.79	71%	0.27	$79.79
$81.00	$80.50	Sep 18	$0.12	$0.12	$0.38	69%	0.32	$80.88
$81.50	$81.00	Sep 9	$0.12	$0.12	$0.38	64%	0.32	$81.38

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. 199 found (cheapest 0.22% of stock, avg 4.24%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Sep 2	$0.02	$0.16	$0.18	$81.82	$82.18	0.22%
$81.50	Sep 2	$0.38	$0.01	$0.39	$81.11	$81.89	0.48%
$82.00	Sep 4	$0.26	$0.37	$0.63	$81.37	$82.63	0.77%
$82.50	Sep 2	$0.01	$0.63	$0.64	$81.86	$83.14	0.78%
$81.50	Sep 4	$0.56	$0.15	$0.71	$80.79	$82.21	0.87%
$82.50	Sep 4	$0.10	$0.71	$0.81	$81.69	$83.31	0.99%
$82.00	Sep 9	$0.38	$0.47	$0.85	$81.15	$82.85	1.04%
$81.00	Sep 2	$0.87	$0.01	$0.88	$80.12	$81.88	1.08%
$81.50	Sep 9	$0.67	$0.25	$0.92	$80.58	$82.42	1.12%
$82.50	Sep 9	$0.20	$0.78	$0.98	$81.52	$83.48	1.20%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 208 found (cheapest 0.04% of stock, avg 0.97%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.00	$81.50	Sep 2	$0.02	$0.01	$0.03	$81.47	$82.03
$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	$0.09	$0.03	$0.12	$79.88	$83.12
$84.00	$80.00	Sep 14	$0.07	$0.08	$0.15	$79.85	$84.15
$83.50	$79.50	Sep 11	$0.10	$0.04	$0.14	$79.36	$83.64
$83.00	$80.50	Sep 9	$0.09	$0.06	$0.15	$80.35	$83.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 19 found (best R:R 1.50, avg credit $0.30)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	83/84	Oct 9	$0.30	$0.20	33%	1.50	$80.20	$83.30
80/80	84/84	Oct 9	$0.27	$0.23	39%	1.17	$80.23	$83.77
80/80	84/84	Oct 2	$0.25	$0.25	43%	1.00	$80.25	$83.75
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	Sep 25	$0.24	$0.26	42%	0.92	$80.26	$83.24
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
78/79	84/85	Oct 16	$0.31	$0.69	56%	0.45	$78.69	$84.31

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 95 found (best R:R 2.85, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Sep 2	$0.13	$0.37	78%	2.85
$79.00	$80.00	$81.00	Oct 16	$0.09	$0.91	24%	10.11
$81.00	$82.00	$83.00	Sep 14	$0.29	$0.71	51%	2.45
$81.50	$82.00	$82.50	Sep 2	$0.35	$0.15	91%	0.43
$80.00	$81.00	$82.00	Sep 30	$0.15	$0.85	31%	5.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Sep 2	$0.15	$0.35	79%	2.33
$81.50	$82.00	$82.50	Sep 2	$0.32	$0.18	91%	0.56
$80.00	$81.00	$82.00	Sep 14	$0.21	$0.79	43%	3.76
$81.50	$82.00	$82.50	Sep 4	$0.12	$0.38	49%	3.17
$81.00	$82.00	$83.00	Sep 14	$0.30	$0.70	51%	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. 162 found (best net $-0.93, 140 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$73.00	$77.00	1:2	Sep 4	-$0.93	$3.07
$70.00	$75.00	1:2	Oct 16	-$2.22	$2.78
$70.00	$75.00	1:2	Sep 30	-$2.18	$2.82
$77.00	$79.00	1:2	Sep 25	-$1.27	$0.73
$77.00	$79.00	1:2	Oct 9	-$1.42	$0.58

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	-$0.35	$0.65
$83.00	$82.50	1:2	Sep 2	-$0.13	$0.37

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 69 found (best yield 1.50%, avg 0.41%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 16	$1.23	0.47	0.2%	1.50%	1.69%	1.8K	12.4K
$83.00	Oct 16	$0.79	0.35	1.4%	0.97%	2.37%	2.6K	72.2K
$82.00	Oct 9	$1.11	0.47	0.2%	1.36%	1.54%	31	112
$82.50	Oct 9	$0.87	0.40	0.8%	1.06%	1.86%	179	433
$82.00	Oct 2	$1.02	0.47	0.2%	1.25%	1.43%	6	677
$82.00	Sep 30	$1.00	0.48	0.2%	1.22%	1.41%	239	8.4K
$83.00	Oct 9	$0.68	0.34	1.4%	0.83%	2.24%	20	277
$82.50	Oct 2	$0.77	0.40	0.8%	0.94%	1.73%	81	2.0K
$84.00	Oct 16	$0.49	0.25	2.6%	0.60%	3.23%	5.5K	83.8K
$82.00	Sep 25	$0.91	0.48	0.2%	1.11%	1.30%	59	2.0K

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 107,120

Total Puts 59,084

Put/Call Ratio 0.55

Net Difference 48,036

Prior's Put/Call Breakdown

Total Calls 152,989

Total Puts 94,080

Put/Call Ratio 0.61

Net Difference 58,909

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
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