TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.31 +0.44%

(9/3 12:00) ◀

Thursday, September 3, 2026 (1:00pm)

▶ (9/3 14:00)

◀ 9/3 13:01 ▶

Option Volume

Detail

ℹ

Current (09/03 1:00pm) 176,161

Calls: 113,886 (65%)

Puts: 62,275 (35%)

Prior (09/02) 141,453

Calls: 93,684 (66%)

Puts: 47,769 (34%)

Current vs Prior +24.54%

Calls: +21.56% (Calls)

Puts: +30.37% (Puts)

Prior 7-Day Total 2,450,579

Calls: 1,514,217 (62%)

Puts: 936,362 (38%)

Prior 7-Day Average 350,082

Calls: 216,316 (62%)

Puts: 133,766 (38%)

Current vs Prior 7-Day Avg -49.68%

Calls: -47.35%

Puts: -53.44%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03 1:00pm) $7.10M

Calls: $4.82M (68%)

Puts: $2.28M (32%)

Prior (09/02) $9.88M

Calls: $4.36M (44%)

Puts: $5.52M (56%)

Current vs Prior -28.12%

Calls: +10.58%

Puts: -58.71%

Prior 7-Day Total $122.34M

Calls: $83.32M (68%)

Puts: $39.03M (32%)

Prior 7-Day Average $17.48M

Calls: $11.90M (68%)

Puts: $5.58M (32%)

Current vs Prior 7-Day Avg -59.36%

Calls: -59.47%

Puts: -59.13%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/03 1:00pm) 0.55

Prior (09/02) 0.51

Current vs Prior +7.24%

Prior 7-Day Average 0.64

Current vs Prior 7-Day Avg -14.10%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03 1:00pm) 3,771,451

Calls: 2,251,351 (60%)

Puts: 1,520,100 (40%)

Prior (09/02) 3,864,355

Calls: 2,303,793 (60%)

Puts: 1,560,562 (40%)

Current vs Prior -2.40%

Prior 7-Day Total 21,767,480

Calls: 12,954,964 (60%)

Puts: 8,812,516 (40%)

Prior 7-Day Average 3,109,640

Calls: 1,850,709 (60%)

Puts: 1,258,930 (40%)

Current vs Prior 7-Day Avg +21.28%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 0.92% | 1.21%0.92% | 1.49%2.17% | 3.58%

Prior 1.12% | 1.40%1.12% | 1.68%2.43% | 3.79%

Current vs Prior -17.75% | -13.42%-17.75% | -11.26%-10.44% | -5.56%

Prior 7-Day Avg 1.00% | 1.30%1.11% | 1.76%2.44% | 3.87%

Current vs 7-Day Avg -7.50% | -6.59%-16.88% | -14.98%-10.74% | -7.37%

Prior 7-Day Eod 1.12% | 1.40%1.13% | 1.67%2.43% | 3.79%

Current vs 7-Day Eod -17.75% | -13.42%-18.64% | -10.61%-10.44% | -5.56%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.95% | 2.04%

Calls: 6.67% | 1.75%

Puts: 3.23% | 2.33%

Prior 3.25% | 1.88%

Calls: 3.28% | 1.37%

Puts: 3.23% | 2.38%

Current vs Prior +52.31% | +8.51%

Prior 7-Day Avg 5.40% | 3.23%

Calls: 6.50% | 2.78%

Puts: 4.32% | 3.68%

Current vs 7-Day Avg -8.41% | -36.79%

Liquidity Good

Add Card

🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($4.82M). Bullish P/C ratio of 0.55.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

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	BULLISH	BULLISH	BULLISH
12:00	BULLISH	BULLISH	BULLISH
11:00	BULLISH	BULLISH	BULLISH
10:00	BULLISH	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 295 of results (avg 2.9%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 25	1.44	1.45	$1.44	0.7%	189	0.67	1.1K
$82.00	Oct 16	1.42	1.43	$1.42	0.7%	3.7K	0.53	14.7K
$70.00	Sep 18	12.40	12.50	$12.45	0.8%	--	1.00	238
$70.00	Sep 4	12.30	12.40	$12.35	0.8%	29	1.00	21
$82.00	Sep 30	1.20	1.21	$1.21	0.8%	369	0.57	8.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 9	1.44	1.45	$1.44	0.7%	53	0.61	186
$84.00	Oct 16	2.19	2.21	$2.20	0.9%	262	0.71	78.2K
$83.00	Sep 25	1.08	1.09	$1.09	0.9%	40	0.61	521
$82.00	Oct 16	1.00	1.01	$1.00	1.0%	1.4K	0.48	23.9K
$83.00	Sep 16	0.93	0.94	$0.94	1.1%	1	0.66	174

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 148 found (avg $0.32, cheapest $0.09)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 4	0.15	0.16	$0.16	6.3%	17.6K	0.39	17.4K
$83.50	Sep 9	0.05	0.06	$0.06	16.7%	635	0.12	11.1K
$83.00	Sep 9	0.12	0.13	$0.13	7.7%	3.1K	0.23	1.8K
$82.00	Sep 4	0.43	0.46	$0.45	6.7%	1.2K	0.74	6.5K
$84.00	Sep 11	0.06	0.07	$0.07	14.3%	376	0.10	18.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 4	0.08	0.09	$0.09	11.1%	6.4K	0.26	7.3K
$82.50	Sep 4	0.30	0.31	$0.31	3.2%	952	0.62	7.5K
$81.50	Sep 9	0.09	0.10	$0.10	10.0%	359	0.19	1.2K
$82.00	Sep 9	0.20	0.21	$0.21	4.8%	179	0.35	2.0K
$81.00	Sep 11	0.08	0.09	$0.09	11.1%	486	0.14	5.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 204 found (avg delta 0.87, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Oct 2	12.45	12.60	$12.52	1.2%	216	1.00	--
$77.00	Oct 2	5.55	5.65	$5.60	1.8%	22	1.00	13
$76.00	Oct 9	6.55	6.65	$6.60	1.5%	--	1.00	138
$77.00	Oct 9	5.55	5.65	$5.60	1.8%	--	1.00	10
$67.00	Oct 16	15.45	15.60	$15.52	1.0%	194	1.00	24

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 4	1.64	1.72	$1.68	4.8%	102	1.00	100
$85.00	Sep 4	2.64	2.72	$2.68	3.0%	139	1.00	--
$86.50	Sep 4	4.10	4.25	$4.18	3.6%	2	1.00	--
$87.00	Sep 4	4.60	4.70	$4.65	2.2%	6	1.00	--
$94.00	Sep 4	11.60	11.75	$11.68	1.3%	10	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 358 active (total vol 176.1K, top 20.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 4	0.04	0.05	$0.05	20.0%	20.5K	0.14	52.4K
$82.50	Sep 4	0.15	0.16	$0.16	6.3%	17.6K	0.39	17.4K
$84.00	Sep 30	0.36	0.37	$0.37	2.7%	5.2K	0.25	52.1K
$83.50	Sep 18	0.27	0.28	$0.28	3.6%	5.1K	0.26	18.9K
$87.00	Sep 18	0.03	0.04	$0.04	25.0%	3.7K	0.04	35.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.47	0.48	$0.48	2.1%	17.1K	0.41	110.7K
$82.00	Sep 4	0.08	0.09	$0.09	11.1%	6.4K	0.26	7.3K
$81.50	Sep 11	0.16	0.17	$0.17	5.9%	5.7K	0.24	8.6K
$80.50	Sep 4	0.00	0.01	$0.01	100.0%	3.9K	0.02	5.9K
$80.00	Sep 18	0.08	0.09	$0.09	11.1%	2.9K	0.10	63.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 15.1%, max 26.8%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Sep 4	Oct 16	11.7%	9.2%	26.8%	4.9K	21.2K
$82.50	Sep 4	Oct 9	12.3%	11.9%	3.4%	18.7K	19.0K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Sep 4	Oct 16	11.7%	9.2%	26.8%	7.8K	31.2K
$82.50	Sep 4	Oct 9	12.3%	11.9%	3.4%	958	7.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 78 found (best R:R 1.78, avg 2.03)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$85.00	$86.00	Oct 16	$0.13	$0.87	$0.13	19%	6.69	$85.13
$82.00	$82.50	Sep 4	$0.29	$0.21	$0.29	74%	0.72	$82.29
$82.00	$82.50	Sep 9	$0.27	$0.23	$0.27	65%	0.85	$82.27
$84.00	$84.50	Oct 9	$0.11	$0.39	$0.11	26%	3.55	$84.11
$81.50	$82.00	Sep 18	$0.33	$0.17	$0.33	70%	0.52	$81.83

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Oct 16	$0.36	$0.64	$0.36	48%	1.78	$81.64
$83.00	$82.00	Sep 14	$0.53	$0.47	$0.53	69%	0.89	$82.47
$81.00	$80.50	Oct 9	$0.12	$0.38	$0.12	33%	3.17	$80.88
$83.00	$82.00	Sep 16	$0.52	$0.48	$0.52	66%	0.92	$82.48
$83.00	$82.50	Sep 18	$0.28	$0.22	$0.28	64%	0.79	$82.72

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 44 found (best R:R 0.56, avg 0.42)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Oct 16	$0.36	$0.36	$0.64	60%	0.56	$83.36
$83.00	$84.00	Sep 14	$0.18	$0.18	$0.82	69%	0.22	$83.18
$83.00	$84.00	Sep 16	$0.22	$0.22	$0.78	66%	0.28	$83.22
$82.50	$83.00	Sep 9	$0.17	$0.17	$0.33	57%	0.52	$82.67
$82.50	$83.00	Oct 2	$0.23	$0.23	$0.27	54%	0.85	$82.73

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Sep 14	$0.23	$0.23	$0.77	61%	0.30	$81.77
$82.00	$81.00	Sep 16	$0.26	$0.26	$0.74	59%	0.35	$81.74
$81.00	$80.00	Sep 16	$0.10	$0.10	$0.90	81%	0.11	$80.90
$82.00	$81.50	Sep 9	$0.11	$0.11	$0.39	65%	0.28	$81.89
$81.50	$81.00	Sep 18	$0.11	$0.11	$0.39	70%	0.28	$81.39

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.13, cheapest $0.12)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Sep 4	Sep 9	$0.14	12.3%	8.9%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.50	Sep 4	Sep 9	$0.12	12.3%	8.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 173 found (cheapest 0.57% of stock, avg 4.03%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Sep 4	$0.16	$0.31	$0.47	$82.03	$82.97	0.57%
$82.00	Sep 4	$0.45	$0.09	$0.54	$81.46	$82.54	0.66%
$82.50	Sep 9	$0.30	$0.43	$0.73	$81.77	$83.23	0.89%
$83.00	Sep 4	$0.05	$0.70	$0.75	$82.25	$83.75	0.91%
$82.00	Sep 9	$0.57	$0.21	$0.78	$81.22	$82.78	0.95%
$83.00	Sep 9	$0.13	$0.77	$0.90	$82.10	$83.90	1.09%
$81.50	Sep 4	$0.88	$0.03	$0.91	$80.59	$82.41	1.11%
$82.50	Sep 11	$0.42	$0.52	$0.94	$81.56	$83.44	1.14%
$82.00	Sep 11	$0.71	$0.30	$1.01	$80.99	$83.01	1.23%
$81.50	Sep 9	$0.97	$0.10	$1.07	$80.43	$82.57	1.30%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 205 found (cheapest 0.06% of stock, avg 0.86%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.50	$81.50	Sep 4	$0.02	$0.03	$0.05	$81.45	$83.55
$84.00	$80.50	Sep 9	$0.03	$0.03	$0.06	$80.44	$84.06
$85.00	$80.00	Sep 14	$0.04	$0.04	$0.08	$79.92	$85.08
$84.00	$81.00	Sep 9	$0.03	$0.05	$0.08	$80.92	$84.08
$83.00	$81.50	Sep 4	$0.05	$0.03	$0.08	$81.42	$83.08
$84.50	$80.50	Sep 11	$0.04	$0.05	$0.09	$80.41	$84.59
$83.50	$80.50	Sep 9	$0.06	$0.03	$0.09	$80.41	$83.59
$83.50	$81.00	Sep 9	$0.06	$0.05	$0.11	$80.89	$83.61
$84.00	$80.50	Sep 11	$0.07	$0.05	$0.12	$80.38	$84.12
$85.00	$80.00	Sep 16	$0.07	$0.06	$0.13	$79.87	$85.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 11 found (best R:R 1.08, avg credit $0.31)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/84	Oct 2	$0.26	$0.24	38%	1.08	$80.74	$83.76
80/81	84/84	Oct 9	$0.27	$0.23	35%	1.17	$80.73	$83.77
81/82	84/84	Sep 25	$0.25	$0.25	37%	1.00	$81.25	$83.75
80/81	84/84	Oct 9	$0.23	$0.27	41%	0.85	$80.77	$84.23
81/82	84/84	Sep 18	$0.21	$0.29	44%	0.72	$81.29	$83.71
79/80	85/86	Oct 16	$0.28	$0.72	58%	0.39	$79.72	$85.28
79/80	84/85	Oct 16	$0.37	$0.63	49%	0.59	$79.63	$84.37
80/81	85/86	Oct 16	$0.38	$0.62	46%	0.61	$80.62	$85.38
80/81	84/85	Oct 16	$0.47	$0.53	37%	0.89	$80.53	$84.47
80/81	84/85	Sep 30	$0.33	$0.67	48%	0.49	$80.67	$84.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 89 found (best R:R 2.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$82.00	$83.00	Sep 14	$0.30	$0.70	54%	2.33
$80.00	$81.00	$82.00	Sep 14	$0.15	$0.85	34%	5.67
$80.00	$81.00	$82.00	Oct 16	$0.12	$0.88	28%	7.33
$81.50	$82.00	$82.50	Sep 4	$0.14	$0.36	52%	2.57
$82.00	$82.50	$83.00	Sep 9	$0.10	$0.40	41%	4.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$82.00	$83.00	Sep 14	$0.30	$0.70	54%	2.33
$81.00	$82.00	$83.00	Sep 16	$0.26	$0.74	48%	2.85
$82.00	$82.50	$83.00	Sep 4	$0.17	$0.33	62%	1.94
$80.00	$81.00	$82.00	Sep 14	$0.16	$0.84	34%	5.25
$80.00	$81.00	$82.00	Sep 16	$0.16	$0.84	33%	5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 147 found (best net $-2.61, 127 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Oct 16	-$2.61	$2.39
$70.00	$75.00	1:2	Sep 30	-$2.64	$2.36
$80.00	$81.00	1:2	Sep 14	-$0.60	$0.40
$77.00	$79.00	1:2	Sep 25	-$1.65	$0.35
$82.00	$83.00	1:2	Sep 30	-$0.17	$0.83

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$87.50	$85.50	1:2	Sep 25	-$1.18	$0.82
$84.00	$83.00	1:2	Sep 14	-$0.05	$0.95
$84.00	$83.00	1:2	Sep 16	-$0.16	$0.84
$85.00	$84.00	1:2	Sep 4	-$0.68	$0.32
$86.50	$85.00	1:2	Sep 4	-$1.18	$0.32

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 61 found (best yield 1.12%, avg 0.36%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 16	$0.92	0.40	0.8%	1.12%	1.96%	995	73.5K
$82.50	Oct 9	$1.03	0.46	0.2%	1.25%	1.48%	1.1K	1.6K
$83.00	Oct 9	$0.80	0.39	0.8%	0.97%	1.81%	36	296
$84.00	Oct 16	$0.57	0.29	2.0%	0.69%	2.75%	1.6K	82.6K
$82.50	Oct 2	$0.93	0.46	0.2%	1.13%	1.36%	271	1.9K
$83.50	Oct 9	$0.61	0.32	1.4%	0.74%	2.19%	--	475
$83.00	Oct 2	$0.70	0.38	0.8%	0.85%	1.69%	164	2.8K
$83.00	Sep 30	$0.68	0.40	0.8%	0.83%	1.66%	448	19.8K
$82.50	Sep 25	$0.82	0.47	0.2%	1.00%	1.23%	87	6.6K
$84.00	Oct 9	$0.46	0.27	2.0%	0.56%	2.61%	66	564

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 113,886

Total Puts 62,275

Put/Call Ratio 0.55

Net Difference 51,611

Prior's Put/Call Breakdown

Total Calls 93,684

Total Puts 47,769

Put/Call Ratio 0.51

Net Difference 45,915

Prior 7-Day Put/Call Summary

Total Calls 1,514,217

Total Puts 936,362

Average Put/Call Ratio 0.64

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