TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.25 +0.36%

(9/3 13:01) ◀

Thursday, September 3, 2026 (2:00pm)

▶ (9/3 15:00)

◀ 9/3 14:00 ▶

Option Volume

Detail

ℹ

Current (09/03 2:00pm) 204,557

Calls: 137,112 (67%)

Puts: 67,445 (33%)

Prior (09/02) 166,204

Calls: 107,120 (64%)

Puts: 59,084 (36%)

Current vs Prior +23.08%

Calls: +28.00% (Calls)

Puts: +14.15% (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 -41.57%

Calls: -36.62%

Puts: -49.58%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03 2:00pm) $8.09M

Calls: $5.44M (67%)

Puts: $2.65M (33%)

Prior (09/02) $10.77M

Calls: $4.75M (44%)

Puts: $6.02M (56%)

Current vs Prior -24.84%

Calls: +14.61%

Puts: -55.96%

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 -53.69%

Calls: -54.27%

Puts: -52.44%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/03 2:00pm) 0.49

Prior (09/02) 0.55

Current vs Prior -10.82%

Prior 7-Day Average 0.64

Current vs Prior 7-Day Avg -22.73%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03 2:00pm) 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 0.91% | 1.20%0.91% | 1.48%2.16% | 3.59%

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

Current vs Prior -18.78% | -14.23%-18.77% | -11.92%-10.88% | -5.49%

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

Current vs 7-Day Avg -8.65% | -7.46%-17.91% | -15.61%-11.17% | -7.30%

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

Current vs 7-Day Eod -18.78% | -14.23%-19.64% | -11.28%-10.88% | -5.49%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 3.96% | 3.12%

Calls: 5.13% | 1.89%

Puts: 2.78% | 4.35%

Prior 3.25% | 1.88%

Calls: 3.28% | 1.37%

Puts: 3.23% | 2.38%

Current vs Prior +21.85% | +65.96%

Prior 7-Day Avg 5.40% | 3.23%

Calls: 6.50% | 2.78%

Puts: 4.32% | 3.68%

Current vs 7-Day Avg -26.72% | -3.32%

Liquidity Acceptable

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🤖 AI Insights

Moderately bullish flow with 67% call dollar volume ($5.44M). Extreme bullish P/C ratio of 0.49 - heavy call buying (137,112 calls vs 67,445 puts).

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
14:00	BULLISH	BULLISH	BULLISH
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 298 of results (avg 3.1%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 25	1.39	1.40	$1.40	0.7%	189	0.66	1.1K
$82.00	Oct 16	1.38	1.39	$1.38	0.7%	4.3K	0.51	14.7K
$81.50	Sep 18	1.22	1.23	$1.23	0.8%	275	0.69	806
$82.00	Sep 30	1.16	1.17	$1.17	0.9%	393	0.56	8.6K
$82.00	Sep 25	1.06	1.07	$1.07	0.9%	162	0.56	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$96.00	Sep 18	13.70	13.80	$13.75	0.7%	--	1.00	1.0K
$84.00	Oct 16	2.25	2.27	$2.26	0.9%	272	0.72	78.2K
$93.00	Sep 18	10.70	10.80	$10.75	0.9%	--	1.00	51
$84.00	Oct 2	2.11	2.13	$2.12	0.9%	2	0.76	408
$98.00	Oct 16	15.70	15.85	$15.77	1.0%	--	0.99	114

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 150 found (avg $0.31, cheapest $0.12)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 4	0.13	0.14	$0.14	7.1%	20.1K	0.35	17.4K
$83.00	Sep 9	0.11	0.12	$0.12	8.3%	3.6K	0.21	1.8K
$82.00	Sep 4	0.38	0.40	$0.39	5.1%	1.3K	0.68	6.5K
$84.00	Sep 11	0.05	0.06	$0.06	16.7%	403	0.09	18.4K
$82.50	Sep 9	0.25	0.26	$0.26	3.8%	1.1K	0.40	1.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 4	0.11	0.12	$0.12	8.3%	6.6K	0.32	7.3K
$81.50	Sep 9	0.10	0.11	$0.11	9.1%	949	0.20	1.2K
$81.00	Sep 9	0.05	0.06	$0.06	16.7%	46	0.11	1.9K
$82.50	Sep 4	0.35	0.36	$0.36	2.8%	1.1K	0.66	7.5K
$82.00	Sep 9	0.22	0.23	$0.23	4.3%	285	0.38	2.0K

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	12.40	12.55	$12.48	1.2%	216	1.00	--
$77.00	Oct 2	5.45	5.60	$5.53	2.7%	22	1.00	13
$76.00	Oct 9	6.45	6.55	$6.50	1.5%	--	1.00	138
$77.00	Oct 9	5.45	5.60	$5.53	2.7%	48	1.00	10
$67.00	Oct 16	15.40	15.55	$15.48	1.0%	194	1.00	24

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 4	1.74	1.78	$1.76	2.3%	102	1.00	100
$85.00	Sep 4	2.72	2.81	$2.77	3.2%	139	1.00	--
$86.50	Sep 4	4.20	4.35	$4.28	3.5%	2	1.00	--
$87.00	Sep 4	4.70	4.85	$4.78	3.1%	6	1.00	--
$94.00	Sep 4	11.70	11.85	$11.77	1.3%	10	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 365 active (total vol 204.5K, top 20.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 4	0.03	0.04	$0.04	25.0%	20.7K	0.12	52.4K
$82.50	Sep 4	0.13	0.14	$0.14	7.1%	20.1K	0.35	17.4K
$83.50	Sep 18	0.25	0.26	$0.26	3.8%	10.1K	0.25	18.9K
$83.00	Sep 18	0.40	0.41	$0.41	2.4%	6.3K	0.34	88.5K
$84.00	Sep 30	0.34	0.35	$0.35	2.9%	5.2K	0.24	52.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.49	0.50	$0.50	2.0%	17.5K	0.43	110.7K
$82.00	Sep 4	0.11	0.12	$0.12	8.3%	6.6K	0.32	7.3K
$81.50	Sep 11	0.17	0.18	$0.18	5.6%	5.8K	0.25	8.6K
$80.50	Sep 4	0.00	0.01	$0.01	100.0%	3.9K	0.02	5.9K
$80.00	Sep 18	0.09	0.10	$0.10	10.0%	2.9K	0.11	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 22.6%, max 35.4%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Sep 4	Oct 16	12.5%	9.2%	35.4%	5.6K	21.2K
$82.50	Sep 4	Oct 9	13.0%	11.8%	9.9%	21.2K	19.0K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.00	Sep 4	Oct 16	12.5%	9.2%	35.4%	8.5K	31.2K
$82.50	Sep 4	Oct 9	13.0%	11.8%	9.9%	1.1K	7.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 77 found (best R:R 1.63, avg 2.11)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$85.00	$86.00	Oct 16	$0.12	$0.88	$0.12	19%	7.33	$85.12
$82.00	$82.50	Sep 4	$0.25	$0.25	$0.25	68%	1.00	$82.25
$84.00	$85.00	Sep 30	$0.16	$0.84	$0.16	24%	5.25	$84.16
$84.00	$84.50	Oct 9	$0.11	$0.39	$0.11	26%	3.55	$84.11
$83.00	$83.50	Sep 25	$0.16	$0.34	$0.16	38%	2.12	$83.16

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Oct 16	$0.38	$0.62	$0.38	49%	1.63	$81.62
$83.00	$82.00	Oct 16	$0.53	$0.47	$0.53	61%	0.89	$82.47
$81.00	$80.50	Oct 9	$0.12	$0.38	$0.12	34%	3.17	$80.88
$83.00	$82.00	Sep 16	$0.54	$0.46	$0.54	68%	0.85	$82.46
$83.00	$82.00	Sep 30	$0.51	$0.49	$0.51	61%	0.96	$82.49

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 45 found (best R:R 0.47, avg 0.41)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 30	$0.32	$0.32	$0.68	61%	0.47	$83.32
$83.00	$84.00	Sep 14	$0.17	$0.17	$0.83	71%	0.20	$83.17
$82.50	$83.00	Oct 2	$0.23	$0.23	$0.27	55%	0.85	$82.73
$83.00	$84.00	Oct 16	$0.34	$0.34	$0.66	61%	0.52	$83.34
$82.50	$83.00	Sep 25	$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	$0.24	$0.24	$0.76	59%	0.32	$81.76
$82.00	$81.00	Sep 16	$0.27	$0.27	$0.73	57%	0.37	$81.73
$81.00	$80.00	Sep 16	$0.10	$0.10	$0.90	80%	0.11	$80.90
$82.00	$81.50	Sep 11	$0.15	$0.15	$0.35	60%	0.43	$81.85
$81.00	$80.50	Sep 25	$0.10	$0.10	$0.40	74%	0.25	$80.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.12, cheapest $0.11)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Sep 4	Sep 9	$0.14	12.5%	7.9%
$82.50	Sep 4	Sep 9	$0.12	13.0%	8.6%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Sep 4	Sep 9	$0.11	12.5%	7.9%
$82.50	Sep 4	Sep 9	$0.10	13.0%	8.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 173 found (cheapest 0.61% of stock, avg 4.03%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Sep 4	$0.14	$0.36	$0.50	$82.00	$83.00	0.61%
$82.00	Sep 4	$0.39	$0.12	$0.51	$81.49	$82.51	0.62%
$82.50	Sep 9	$0.26	$0.46	$0.72	$81.78	$83.22	0.88%
$82.00	Sep 9	$0.53	$0.23	$0.76	$81.24	$82.76	0.92%
$83.00	Sep 4	$0.04	$0.78	$0.82	$82.18	$83.82	1.00%
$81.50	Sep 4	$0.80	$0.03	$0.83	$80.67	$82.33	1.01%
$83.00	Sep 9	$0.12	$0.83	$0.95	$82.05	$83.95	1.16%
$82.50	Sep 11	$0.39	$0.56	$0.95	$81.55	$83.45	1.16%
$82.00	Sep 11	$0.66	$0.33	$0.99	$81.01	$82.99	1.20%
$81.50	Sep 9	$0.90	$0.11	$1.01	$80.49	$82.51	1.23%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 208 found (cheapest 0.07% of stock, avg 0.85%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$84.00	$80.50	Sep 9	$0.03	$0.03	$0.06	$80.44	$84.06
$83.00	$81.50	Sep 4	$0.04	$0.03	$0.07	$81.43	$83.07
$84.50	$80.00	Sep 11	$0.04	$0.04	$0.08	$79.92	$84.58
$85.00	$80.00	Sep 14	$0.04	$0.04	$0.08	$79.92	$85.08
$83.50	$80.50	Sep 9	$0.05	$0.03	$0.08	$80.42	$83.58
$84.00	$81.00	Sep 9	$0.03	$0.06	$0.09	$80.91	$84.09
$84.50	$80.50	Sep 11	$0.04	$0.06	$0.10	$80.40	$84.60
$84.00	$80.00	Sep 11	$0.06	$0.04	$0.10	$79.90	$84.10
$83.50	$81.00	Sep 9	$0.05	$0.06	$0.11	$80.89	$83.61
$84.00	$80.50	Sep 11	$0.06	$0.06	$0.12	$80.38	$84.12

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 13 found (best R:R 1.08, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	84/84	Oct 9	$0.26	$0.24	41%	1.08	$80.24	$83.76
80/80	84/84	Oct 9	$0.22	$0.28	47%	0.79	$80.28	$84.22
80/81	84/84	Sep 25	$0.22	$0.28	45%	0.79	$80.78	$83.72
80/81	84/84	Oct 9	$0.27	$0.23	35%	1.17	$80.73	$83.77
81/82	83/84	Sep 18	$0.27	$0.23	34%	1.17	$81.23	$83.27
80/81	84/84	Oct 2	$0.25	$0.25	38%	1.00	$80.75	$83.75
81/82	84/84	Sep 18	$0.22	$0.28	44%	0.79	$81.28	$83.72
80/81	84/84	Oct 9	$0.23	$0.27	41%	0.85	$80.77	$84.23
81/82	84/84	Sep 25	$0.24	$0.26	37%	0.92	$81.26	$83.74
79/80	84/85	Oct 16	$0.38	$0.62	48%	0.61	$79.62	$84.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 94 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
$79.00	$80.00	$81.00	Oct 16	$0.08	$0.92	22%	11.50
$80.00	$81.00	$82.00	Sep 14	$0.17	$0.83	36%	4.88
$80.00	$81.00	$82.00	Oct 16	$0.12	$0.88	28%	7.33
$82.00	$82.50	$83.00	Sep 4	$0.15	$0.35	57%	2.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Sep 14	$0.16	$0.84	36%	5.25
$81.00	$82.00	$83.00	Sep 14	$0.32	$0.68	54%	2.12
$81.50	$82.00	$82.50	Sep 4	$0.15	$0.35	57%	2.33
$81.00	$82.00	$83.00	Sep 16	$0.27	$0.73	48%	2.70
$80.00	$81.00	$82.00	Sep 16	$0.17	$0.83	34%	4.88

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 151 found (best net $-2.52, 129 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$2.52	$2.48
$70.00	$75.00	1:2	Oct 16	-$2.58	$2.42
$80.00	$81.00	1:2	Sep 14	-$0.53	$0.47
$77.00	$79.00	1:2	Sep 25	-$1.58	$0.42
$77.00	$79.00	1:2	Oct 9	-$1.67	$0.33

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$84.00	$83.00	1:2	Sep 14	-$0.07	$0.93
$87.50	$85.50	1:2	Sep 25	-$1.22	$0.78
$84.00	$83.00	1:2	Sep 16	-$0.17	$0.83
$83.00	$82.00	1:2	Sep 30	-$0.17	$0.83
$85.00	$84.00	1:2	Sep 4	-$0.75	$0.25

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 59 found (best yield 1.08%, avg 0.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 16	$0.89	0.39	0.9%	1.08%	1.99%	1.1K	73.5K
$82.50	Oct 9	$0.99	0.45	0.3%	1.20%	1.51%	1.1K	1.6K
$83.00	Oct 9	$0.77	0.38	0.9%	0.94%	1.85%	36	296
$84.00	Oct 16	$0.55	0.28	2.1%	0.67%	2.80%	1.7K	82.6K
$82.50	Oct 2	$0.90	0.45	0.3%	1.09%	1.40%	273	1.9K
$83.50	Oct 9	$0.59	0.32	1.5%	0.72%	2.24%	--	475
$83.00	Oct 2	$0.67	0.38	0.9%	0.81%	1.73%	164	2.8K
$83.00	Sep 30	$0.66	0.39	0.9%	0.80%	1.71%	486	19.8K
$82.50	Sep 25	$0.78	0.46	0.3%	0.95%	1.25%	92	6.6K
$84.00	Oct 9	$0.44	0.26	2.1%	0.53%	2.66%	95	564

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 137,112

Total Puts 67,445

Put/Call Ratio 0.49

Net Difference 69,667

Prior's Put/Call Breakdown

Total Calls 107,120

Total Puts 59,084

Put/Call Ratio 0.55

Net Difference 48,036

Prior 7-Day Put/Call Summary

Total Calls 1,514,217

Total Puts 936,362

Average Put/Call Ratio 0.64

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

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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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