TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.95 +0.10%

$81.94 (-0.01%)🌙

as of 09/02 04:01 PM

(9/2 15:16) ◀

Wednesday, September 2, 2026 (4:00pm)

▶

◀ 9/2 16:01

Option Volume

Detail

ℹ

Current (09/02 4:00pm) 210,746

Calls: 132,083 (63%)

Puts: 78,663 (37%)

Prior (09/01) 264,052

Calls: 170,047 (64%)

Puts: 94,005 (36%)

Current vs Prior -20.19%

Calls: -22.33% (Calls)

Puts: -16.32% (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 -44.25%

Calls: -44.15%

Puts: -44.41%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/02 4:00pm) $14.58M

Calls: $6.45M (44%)

Puts: $8.13M (56%)

Prior (09/01) $13.89M

Calls: $7.45M (54%)

Puts: $6.44M (46%)

Current vs Prior +4.91%

Calls: -13.52%

Puts: +26.24%

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 -22.15%

Calls: -49.63%

Puts: +37.18%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/02 4:00pm) 0.60

Prior (09/01) 0.55

Current vs Prior +7.73%

Prior 7-Day Average 0.62

Current vs Prior 7-Day Avg -4.07%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/02 4:00pm) 3,864,355

Calls: 2,303,793 (60%)

Puts: 1,560,562 (40%)

Prior (09/01) 3,839,980

Calls: 2,224,931 (58%)

Puts: 1,615,049 (42%)

Current vs Prior +0.63%

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 0.61% | 1.12%1.12% | 1.68%2.43% | 3.79%

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

Current vs Prior +31.30% | +8.38%-13.29% | -6.21%-3.96% | -1.68%

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

Current vs 7-Day Avg +21.24% | +12.84%-1.27% | -6.47%-1.46% | -2.84%

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

Current vs 7-Day Eod +31.30% | +8.38%-13.29% | -6.21%-4.42% | -2.30%

Sentiment BEARISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 3.25% | 1.88%

Calls: 3.28% | 1.37%

Puts: 3.23% | 2.38%

Prior 6.54% | 3.08%

Calls: 9.52% | 1.61%

Puts: 3.57% | 4.55%

Current vs Prior -50.31% | -38.96%

Prior 7-Day Avg 7.10% | 3.66%

Calls: 8.71% | 3.38%

Puts: 5.49% | 3.94%

Current vs 7-Day Avg -54.20% | -48.63%

Liquidity Good

Add Card

🤖 AI Insights

Bullish P/C ratio of 0.60.

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 BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
16:00	BEARISH	BULLISH	BULLISH
15:00	BEARISH	BULLISH	BULLISH
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 350 of results (avg 3.1%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 30	1.69	1.70	$1.69	0.6%	593	0.67	1.0K
$81.00	Sep 25	1.60	1.61	$1.61	0.6%	210	0.68	479
$81.50	Oct 9	1.45	1.46	$1.46	0.7%	90	0.55	160
$82.00	Oct 16	1.28	1.29	$1.29	0.8%	3.1K	0.46	12.4K
$82.00	Oct 9	1.16	1.17	$1.17	0.9%	33	0.47	112

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 9	1.14	1.15	$1.15	0.9%	197	0.54	155
$97.00	Oct 16	15.00	15.15	$15.08	1.0%	113	0.98	20
$96.00	Sep 18	14.00	14.15	$14.08	1.1%	--	1.00	1.0K
$96.00	Oct 16	14.00	14.15	$14.08	1.1%	--	0.98	87
$81.50	Oct 9	0.91	0.92	$0.92	1.1%	147	0.46	1.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 155 found (avg $0.32, cheapest $0.11)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 4	0.10	0.11	$0.11	9.1%	5.6K	0.24	15.1K
$83.00	Sep 9	0.09	0.10	$0.10	10.0%	475	0.17	1.8K
$82.00	Sep 4	0.29	0.30	$0.30	3.3%	6.2K	0.48	4.8K
$84.00	Sep 11	0.05	0.06	$0.06	16.7%	62	0.08	19.7K
$82.50	Sep 9	0.21	0.22	$0.22	4.5%	540	0.31	1.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 4	0.12	0.13	$0.13	7.7%	4.4K	0.27	3.2K
$82.50	Sep 2	0.52	0.60	$0.56	14.3%	207	0.98	2.1K
$82.00	Sep 4	0.30	0.31	$0.31	3.2%	2.0K	0.52	7.1K
$81.00	Sep 9	0.10	0.11	$0.11	9.1%	272	0.18	1.9K
$81.50	Sep 9	0.21	0.22	$0.22	4.5%	297	0.33	972

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 250 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 9	3.95	4.05	$4.00	2.5%	1	1.00	--
$73.00	Sep 14	8.95	9.10	$9.02	1.7%	--	1.00	16
$78.00	Sep 14	4.00	4.10	$4.05	2.5%	1	1.00	--
$70.00	Sep 30	12.10	12.25	$12.18	1.2%	260	1.00	150
$75.00	Sep 30	7.15	7.30	$7.23	2.1%	15	1.00	8

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 2	0.04	0.08	$0.06	66.7%	4.1K	1.00	10.1K
$83.00	Sep 2	1.02	1.11	$1.07	8.4%	21	1.00	97
$83.50	Sep 2	1.52	1.61	$1.57	5.7%	121	1.00	16
$84.00	Sep 2	2.02	2.11	$2.07	4.3%	2	1.00	--
$84.50	Sep 2	2.52	2.61	$2.57	3.5%	3	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 461 active (total vol 210.2K, top 9.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 2	0.00	0.01	$0.01	100.0%	9.3K	0.04	10.7K
$84.00	Sep 18	0.15	0.16	$0.16	6.3%	9.2K	0.15	51.4K
$86.00	Sep 18	0.04	0.05	$0.05	20.0%	8.1K	0.05	50.6K
$82.00	Sep 2	0.00	0.01	$0.01	100.0%	7.9K	0.20	1.4K
$82.00	Sep 4	0.29	0.30	$0.30	3.3%	6.2K	0.48	4.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 30	0.49	0.51	$0.50	4.0%	5.5K	0.33	7.2K
$79.00	Oct 16	0.31	0.32	$0.32	3.1%	5.1K	0.18	66.6K
$78.00	Sep 18	0.03	0.04	$0.04	25.0%	4.6K	0.04	42.9K
$81.50	Sep 4	0.12	0.13	$0.13	7.7%	4.4K	0.27	3.2K
$82.00	Sep 2	0.04	0.08	$0.06	66.7%	4.1K	1.00	10.1K

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. 88 found (best R:R 1.38, avg 2.04)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$82.00	Sep 14	$0.65	$0.35	$0.65	76%	0.54	$81.65
$81.50	$82.00	Sep 4	$0.31	$0.19	$0.31	73%	0.61	$81.81
$85.00	$86.00	Oct 16	$0.12	$0.88	$0.12	18%	7.33	$85.12
$83.00	$83.50	Sep 25	$0.14	$0.36	$0.14	34%	2.57	$83.14
$83.00	$83.50	Sep 18	$0.12	$0.38	$0.12	30%	3.17	$83.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Oct 16	$0.42	$0.58	$0.42	54%	1.38	$81.58
$83.00	$82.00	Sep 14	$0.64	$0.36	$0.64	76%	0.56	$82.36
$83.00	$82.00	Sep 16	$0.61	$0.39	$0.61	72%	0.64	$82.39
$83.00	$82.00	Sep 30	$0.56	$0.44	$0.56	65%	0.79	$82.44
$81.00	$80.00	Oct 16	$0.29	$0.71	$0.29	40%	2.45	$80.71

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 50 found (best R:R 0.85, avg 0.46)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Oct 16	$0.46	$0.46	$0.54	54%	0.85	$82.46
$82.00	$83.00	Sep 14	$0.38	$0.38	$0.62	52%	0.61	$82.38
$82.00	$83.00	Sep 30	$0.46	$0.46	$0.54	51%	0.85	$82.46
$82.00	$82.50	Oct 2	$0.25	$0.25	$0.25	53%	1.00	$82.25
$82.00	$82.50	Oct 9	$0.25	$0.25	$0.25	54%	1.00	$82.25

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	75%	0.16	$80.86
$81.00	$80.00	Sep 16	$0.17	$0.17	$0.83	72%	0.20	$80.83
$81.50	$81.00	Sep 11	$0.14	$0.14	$0.36	64%	0.39	$81.36
$80.00	$79.00	Sep 30	$0.13	$0.13	$0.87	80%	0.15	$79.87
$81.50	$81.00	Sep 9	$0.11	$0.11	$0.39	67%	0.28	$81.39

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. 210 found (cheapest 0.09% of stock, avg 4.25%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Sep 2	$0.01	$0.06	$0.07	$81.93	$82.07	0.09%
$81.50	Sep 2	$0.44	$0.01	$0.45	$81.05	$81.95	0.55%
$82.50	Sep 2	$0.01	$0.56	$0.57	$81.93	$83.07	0.70%
$82.00	Sep 4	$0.30	$0.31	$0.61	$81.39	$82.61	0.74%
$81.50	Sep 4	$0.61	$0.13	$0.74	$80.76	$82.24	0.90%
$82.50	Sep 4	$0.11	$0.64	$0.75	$81.75	$83.25	0.92%
$82.00	Sep 9	$0.43	$0.42	$0.85	$81.15	$82.85	1.04%
$82.50	Sep 9	$0.22	$0.72	$0.94	$81.56	$83.44	1.15%
$81.00	Sep 2	$0.94	$0.01	$0.95	$80.05	$81.95	1.16%
$81.50	Sep 9	$0.73	$0.22	$0.95	$80.55	$82.45	1.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 203 found (cheapest 0.11% of stock, avg 1.00%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.00	$81.00	Sep 4	$0.04	$0.05	$0.09	$80.91	$83.09
$83.50	$80.50	Sep 9	$0.05	$0.05	$0.10	$80.40	$83.60
$84.00	$79.50	Sep 11	$0.06	$0.04	$0.10	$79.40	$84.10
$84.00	$80.00	Sep 11	$0.06	$0.06	$0.12	$79.88	$84.12
$84.00	$80.00	Sep 14	$0.08	$0.07	$0.15	$79.85	$84.15
$83.00	$80.50	Sep 9	$0.10	$0.05	$0.15	$80.35	$83.15
$83.50	$79.50	Sep 11	$0.11	$0.04	$0.15	$79.35	$83.65
$84.00	$80.50	Sep 11	$0.06	$0.10	$0.16	$80.34	$84.16
$83.50	$81.00	Sep 9	$0.05	$0.11	$0.16	$80.84	$83.66
$83.50	$80.00	Sep 11	$0.11	$0.06	$0.17	$79.83	$83.67

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 18 found (best R:R 1.00, avg credit $0.30)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	84/84	Oct 9	$0.25	$0.25	39%	1.00	$80.25	$83.75
80/80	83/84	Oct 9	$0.28	$0.22	33%	1.27	$80.22	$83.28
80/80	84/84	Oct 2	$0.23	$0.27	43%	0.85	$80.27	$83.73
80/80	83/84	Oct 2	$0.26	$0.24	36%	1.08	$80.24	$83.26
80/81	84/84	Sep 25	$0.23	$0.27	42%	0.85	$80.77	$83.73
80/81	83/84	Sep 18	$0.23	$0.27	41%	0.85	$80.77	$83.23
80/81	83/84	Sep 25	$0.26	$0.24	34%	1.08	$80.74	$83.26
81/82	82/83	Sep 9	$0.23	$0.27	36%	0.85	$81.27	$82.73
78/79	84/85	Oct 16	$0.32	$0.68	56%	0.47	$78.68	$84.32
78/79	85/86	Oct 16	$0.24	$0.76	64%	0.32	$78.76	$85.24

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 91 found (best R:R 6.14, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Sep 2	$0.07	$0.43	78%	6.14
$81.00	$82.00	$83.00	Sep 14	$0.27	$0.73	51%	2.70
$80.00	$81.00	$82.00	Sep 16	$0.17	$0.83	38%	4.88
$80.00	$81.00	$82.00	Sep 14	$0.21	$0.79	42%	3.76
$81.50	$82.00	$82.50	Sep 4	$0.12	$0.38	49%	3.17

PUTS (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	$0.18	$0.82	38%	4.56
$81.00	$82.00	$83.00	Sep 14	$0.30	$0.70	51%	2.33
$79.00	$80.00	$81.00	Sep 30	$0.09	$0.91	22%	10.11
$79.00	$80.00	$81.00	Oct 16	$0.09	$0.91	21%	10.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 154 found (best net $-0.96, 136 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$73.00	$77.00	1:2	Sep 4	-$0.96	$3.04
$70.00	$75.00	1:2	Sep 30	-$2.28	$2.72
$70.00	$75.00	1:2	Oct 16	-$2.28	$2.72
$78.00	$80.00	1:2	Sep 9	-$0.02	$1.98
$77.00	$79.00	1:2	Sep 25	-$1.36	$0.64

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$88.00	$85.00	1:2	Sep 16	-$0.02	$2.98
$87.00	$85.00	1:2	Sep 4	-$1.08	$0.92
$84.00	$83.00	1:2	Sep 14	-$0.30	$0.70
$83.00	$82.50	1:2	Sep 2	-$0.05	$0.45
$84.00	$83.00	1:2	Sep 16	-$0.41	$0.59

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 69 found (best yield 1.56%, avg 0.44%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 16	$1.28	0.46	0.1%	1.56%	1.62%	3.1K	12.4K
$83.00	Oct 16	$0.82	0.36	1.3%	1.00%	2.28%	2.9K	72.2K
$82.00	Oct 9	$1.16	0.47	0.1%	1.42%	1.48%	33	112
$82.50	Oct 9	$0.91	0.41	0.7%	1.11%	1.78%	1.2K	433
$82.00	Oct 2	$1.07	0.47	0.1%	1.31%	1.37%	12	677
$82.00	Sep 30	$1.06	0.49	0.1%	1.29%	1.35%	400	8.4K
$83.00	Oct 9	$0.71	0.35	1.3%	0.87%	2.15%	20	277
$84.00	Oct 16	$0.52	0.26	2.5%	0.63%	3.14%	5.9K	83.8K
$82.50	Oct 2	$0.82	0.41	0.7%	1.00%	1.67%	94	2.0K
$83.50	Oct 9	$0.55	0.29	1.9%	0.67%	2.56%	28	468

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 132,083

Total Puts 78,663

Put/Call Ratio 0.60

Net Difference 53,420

Prior's Put/Call Breakdown

Total Calls 170,047

Total Puts 94,005

Put/Call Ratio 0.55

Net Difference 76,042

Prior 7-Day Put/Call Summary

Total Calls 1,655,586

Total Puts 990,507

Average Put/Call Ratio 0.62

Ratio Trend Rising

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