TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.31 +0.29%

(9/3 19:04) ◀

Friday, September 4, 2026 (10:00am)

▶ (9/4 11:01)

◀ 9/4 10:01 ▶

Option Volume

Detail

ℹ

Current (09/04 10:00am) 84,791

Calls: 74,090 (87%)

Puts: 10,701 (13%)

Prior (09/03) 50,945

Calls: 37,796 (74%)

Puts: 13,149 (26%)

Current vs Prior +66.44%

Calls: +96.03% (Calls)

Puts: -18.62% (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 -75.78%

Calls: -65.75%

Puts: -92.00%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/04 10:00am) $1.82M

Calls: $1.32M (72%)

Puts: $505.0K (28%)

Prior (09/03) $2.25M

Calls: $1.64M (73%)

Puts: $615.0K (27%)

Current vs Prior -19.06%

Calls: -19.50%

Puts: -17.89%

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 -89.57%

Calls: -88.93%

Puts: -90.94%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/04 10:00am) 0.14

Prior (09/03) 0.35

Current vs Prior -58.48%

Prior 7-Day Average 0.64

Current vs Prior 7-Day Avg -77.32%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/04 10:00am) 3,873,627

Calls: 2,339,666 (60%)

Puts: 1,533,961 (40%)

Prior (09/03) 3,771,451

Calls: 2,251,351 (60%)

Puts: 1,520,100 (40%)

Current vs Prior +2.71%

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 +24.57%

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 0.69% | 1.09%0.69% | 1.39%2.10% | 3.56%

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

Current vs Prior -38.31% | -22.08%-38.31% | -17.76%-13.45% | -6.20%

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

Current vs 7-Day Avg -30.62% | -15.93%-37.66% | -21.20%-13.73% | -8.00%

Prior 7-Day Eod 1.12% | 1.40%0.97% | 1.52%2.25% | 3.67%

Current vs 7-Day Eod -38.31% | -22.08%-28.96% | -9.07%-6.76% | -2.94%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 10.23% | 2.25%

Calls: 11.76% | 2.00%

Puts: 8.70% | 2.50%

Prior 3.25% | 1.88%

Calls: 3.28% | 1.37%

Puts: 3.23% | 2.38%

Current vs Prior +214.77% | +19.68%

Prior 7-Day Avg 5.40% | 3.23%

Calls: 6.50% | 2.78%

Puts: 4.32% | 3.68%

Current vs 7-Day Avg +89.29% | -30.28%

Liquidity Good

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🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($1.32M). Above-average activity with volume up 66% vs prior. Extreme bullish P/C ratio of 0.14 - heavy call buying (74,090 calls vs 10,701 puts). P/C ratio dropping 58% - sentiment shifting bullish.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

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
16:00	BEARISH	BULLISH	BULLISH
15:00	BEARISH	BULLISH	BULLISH
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 288 of results (avg 3.2%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 25	1.06	1.07	$1.07	0.9%	60	0.57	2.2K
$81.00	Oct 16	2.03	2.05	$2.04	1.0%	30	0.68	13.8K
$81.00	Oct 9	1.94	1.96	$1.95	1.0%	62	0.70	33
$82.00	Sep 18	0.88	0.89	$0.89	1.1%	318	0.58	86.9K
$70.00	Sep 18	12.35	12.50	$12.43	1.2%	--	1.00	238

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 9	1.45	1.46	$1.46	0.7%	--	0.62	284
$82.50	Oct 9	1.16	1.17	$1.17	0.9%	12	0.55	155
$84.00	Oct 16	2.21	2.23	$2.22	0.9%	13	0.72	71.6K
$97.00	Sep 4	14.60	14.75	$14.68	1.0%	1	1.00	--
$83.50	Oct 9	1.78	1.80	$1.79	1.1%	2	0.68	326

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 137 found (avg $0.33, cheapest $0.23)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 4	0.32	0.36	$0.34	11.8%	548	0.88	6.5K
$83.00	Sep 9	0.08	0.09	$0.09	11.1%	1.3K	0.20	3.9K
$82.50	Sep 9	0.21	0.22	$0.22	4.5%	1.1K	0.40	4.5K
$83.50	Sep 11	0.09	0.10	$0.10	10.0%	304	0.16	17.4K
$84.00	Sep 11	0.06	0.07	$0.07	14.3%	30.1K	0.10	18.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 4	0.22	0.24	$0.23	8.7%	824	0.74	7.2K
$81.50	Sep 9	0.06	0.07	$0.07	14.3%	417	0.16	2.4K
$82.00	Sep 9	0.16	0.18	$0.17	11.8%	157	0.34	2.4K
$81.00	Sep 11	0.06	0.07	$0.07	14.3%	158	0.12	6.2K
$82.50	Sep 9	0.39	0.40	$0.40	2.5%	337	0.60	1.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 210 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 4	12.25	12.40	$12.33	1.2%	1	1.00	49
$71.00	Sep 4	11.25	11.40	$11.33	1.3%	1	1.00	45
$72.00	Sep 4	10.25	10.40	$10.33	1.5%	--	1.00	26
$73.00	Sep 4	9.25	9.40	$9.32	1.6%	--	1.00	24
$74.00	Sep 4	8.25	8.40	$8.32	1.8%	3	1.00	17

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Sep 4	14.60	14.75	$14.68	1.0%	1	1.00	--
$93.00	Sep 4	10.60	10.75	$10.68	1.4%	4	1.00	--
$94.00	Sep 4	11.60	11.75	$11.68	1.3%	2	1.00	--
$95.00	Sep 4	12.60	12.75	$12.68	1.2%	2	1.00	--
$96.00	Sep 4	13.60	13.80	$13.70	1.5%	1	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 264 active (total vol 84.8K, top 30.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 11	0.06	0.07	$0.07	14.3%	30.1K	0.10	18.3K
$82.50	Sep 4	0.03	0.04	$0.04	25.0%	20.1K	0.26	37.9K
$85.00	Oct 16	0.33	0.34	$0.34	2.9%	2.3K	0.19	43.7K
$90.00	Oct 16	0.06	0.07	$0.07	14.3%	1.8K	0.04	51.3K
$84.50	Sep 18	0.10	0.11	$0.11	9.1%	1.7K	0.12	13.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 4	0.01	0.02	$0.02	50.0%	1.8K	0.12	8.6K
$78.00	Sep 25	0.04	0.05	$0.05	20.0%	950	0.04	1.6K
$83.00	Sep 14	0.85	0.87	$0.86	2.3%	948	0.71	571
$82.50	Sep 4	0.22	0.24	$0.23	8.7%	824	0.74	7.2K
$83.00	Sep 11	0.82	0.85	$0.84	3.6%	665	0.73	3.9K

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 9.8%, max 9.8%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Sep 4	Oct 9	13.0%	11.9%	9.8%	20.1K	40.5K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Sep 4	Oct 9	13.0%	11.9%	9.8%	836	7.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 71 found (best R:R 1.04, avg 2.02)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$82.50	Sep 4	$0.30	$0.20	$0.30	88%	0.67	$82.30
$85.00	$86.00	Oct 16	$0.12	$0.88	$0.12	19%	7.33	$85.12
$84.00	$85.00	Sep 30	$0.16	$0.84	$0.16	25%	5.25	$84.16
$83.00	$83.50	Sep 25	$0.16	$0.34	$0.16	38%	2.12	$83.16
$83.50	$84.00	Sep 25	$0.12	$0.38	$0.12	30%	3.17	$83.62

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 30	$0.49	$0.51	$0.49	61%	1.04	$82.51
$82.00	$81.00	Oct 16	$0.37	$0.63	$0.37	49%	1.70	$81.63
$83.00	$82.00	Oct 16	$0.53	$0.47	$0.53	60%	0.89	$82.47
$82.00	$81.50	Oct 9	$0.20	$0.30	$0.20	48%	1.50	$81.80
$83.00	$82.00	Sep 14	$0.55	$0.45	$0.55	71%	0.82	$82.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 40 found (best R:R 0.85, avg 0.42)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$83.00	Oct 2	$0.23	$0.23	$0.27	55%	0.85	$82.73
$82.50	$83.00	Oct 9	$0.23	$0.23	$0.27	55%	0.85	$82.73
$82.50	$83.00	Sep 25	$0.23	$0.23	$0.27	53%	0.85	$82.73
$83.00	$84.00	Sep 30	$0.31	$0.31	$0.69	61%	0.45	$83.31
$83.00	$83.50	Oct 2	$0.18	$0.18	$0.32	62%	0.56	$83.18

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Sep 14	$0.21	$0.21	$0.79	61%	0.27	$81.79
$82.00	$81.00	Sep 16	$0.25	$0.25	$0.75	59%	0.33	$81.75
$82.00	$81.50	Sep 9	$0.10	$0.10	$0.40	66%	0.25	$81.90
$82.00	$81.50	Sep 11	$0.13	$0.13	$0.37	62%	0.35	$81.87
$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. -- 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. 178 found (cheapest 0.33% of stock, avg 4.17%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.50	Sep 4	$0.04	$0.23	$0.27	$82.23	$82.77	0.33%
$82.00	Sep 4	$0.34	$0.02	$0.36	$81.64	$82.36	0.44%
$82.50	Sep 9	$0.22	$0.40	$0.62	$81.88	$83.12	0.75%
$82.00	Sep 9	$0.50	$0.17	$0.67	$81.33	$82.67	0.81%
$83.00	Sep 4	$0.01	$0.70	$0.71	$82.29	$83.71	0.86%
$81.50	Sep 4	$0.82	$0.01	$0.83	$80.67	$82.33	1.01%
$83.00	Sep 9	$0.09	$0.76	$0.85	$82.15	$83.85	1.03%
$82.50	Sep 11	$0.36	$0.50	$0.86	$81.64	$83.36	1.04%
$82.00	Sep 11	$0.64	$0.28	$0.92	$81.08	$82.92	1.12%
$81.50	Sep 9	$0.91	$0.07	$0.98	$80.52	$82.48	1.19%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 193 found (cheapest 0.07% of stock, avg 0.87%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$84.00	$81.00	Sep 9	$0.03	$0.03	$0.06	$80.94	$84.06
$82.50	$82.00	Sep 4	$0.04	$0.02	$0.06	$81.94	$82.56
$83.50	$81.00	Sep 9	$0.04	$0.03	$0.07	$80.93	$83.57
$84.50	$80.50	Sep 11	$0.05	$0.04	$0.09	$80.41	$84.59
$85.00	$80.00	Sep 16	$0.06	$0.05	$0.11	$79.89	$85.11
$84.00	$81.50	Sep 9	$0.03	$0.07	$0.10	$81.40	$84.10
$84.00	$80.50	Sep 11	$0.07	$0.04	$0.11	$80.39	$84.11
$83.50	$81.50	Sep 9	$0.04	$0.07	$0.11	$81.39	$83.61
$84.50	$81.00	Sep 11	$0.05	$0.07	$0.12	$80.88	$84.62
$84.00	$81.00	Sep 11	$0.07	$0.07	$0.14	$80.86	$84.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 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	39%	1.08	$80.74	$83.76
80/81	84/84	Oct 9	$0.27	$0.23	35%	1.17	$80.73	$83.77
80/81	84/84	Oct 9	$0.24	$0.26	41%	0.92	$80.76	$84.24
81/82	83/84	Sep 18	$0.26	$0.24	35%	1.08	$81.24	$83.26
81/82	84/84	Sep 25	$0.24	$0.26	38%	0.92	$81.26	$83.74
79/80	84/85	Oct 16	$0.37	$0.63	49%	0.59	$79.63	$84.37
79/80	85/86	Oct 16	$0.27	$0.73	58%	0.37	$79.73	$85.27
80/81	84/85	Oct 16	$0.47	$0.53	38%	0.89	$80.53	$84.47
80/81	85/86	Oct 16	$0.37	$0.63	46%	0.59	$80.63	$85.37
80/81	84/85	Sep 30	$0.32	$0.68	49%	0.47	$80.68	$84.32

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 89 found (best R:R 0.92, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Sep 4	$0.27	$0.23	85%	0.85
$81.50	$82.00	$82.50	Sep 4	$0.18	$0.32	69%	1.78
$81.00	$82.00	$83.00	Sep 14	$0.34	$0.66	57%	1.94
$79.00	$80.00	$81.00	Oct 16	$0.08	$0.92	22%	11.50
$81.00	$81.50	$82.00	Sep 9	$0.05	$0.45	29%	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Sep 4	$0.26	$0.24	85%	0.92
$80.00	$81.00	$82.00	Sep 14	$0.14	$0.86	35%	6.14
$81.50	$82.00	$82.50	Sep 4	$0.20	$0.30	71%	1.50
$80.00	$81.00	$82.00	Sep 16	$0.15	$0.85	34%	5.67
$81.00	$82.00	$83.00	Sep 14	$0.34	$0.66	56%	1.94

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 137 found (best net $-2.56, 117 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$2.56	$2.44
$70.00	$75.00	1:2	Oct 16	-$2.56	$2.44
$78.50	$80.00	1:2	Sep 11	-$0.92	$0.58
$77.00	$79.00	1:2	Sep 25	-$1.63	$0.37
$82.00	$83.00	1:2	Sep 30	-$0.15	$0.85

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$84.00	$83.00	1:2	Sep 14	$0.00	$1.00
$84.00	$83.00	1:2	Sep 16	-$0.14	$0.86
$83.00	$82.00	1:2	Sep 30	-$0.17	$0.83
$83.50	$83.00	1:2	Sep 4	-$0.23	$0.27
$84.00	$83.00	1:2	Sep 30	-$0.43	$0.57

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 57 found (best yield 1.07%, avg 0.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 16	$0.88	0.40	0.8%	1.07%	1.91%	987	75.6K
$82.50	Oct 9	$0.99	0.45	0.2%	1.20%	1.43%	25	2.6K
$83.00	Oct 9	$0.76	0.38	0.8%	0.92%	1.76%	50	332
$84.00	Oct 16	$0.55	0.28	2.0%	0.67%	2.72%	31	76.7K
$82.50	Oct 2	$0.89	0.45	0.2%	1.08%	1.31%	11	2.0K
$83.50	Oct 9	$0.58	0.32	1.4%	0.70%	2.15%	--	475
$83.00	Oct 2	$0.67	0.38	0.8%	0.81%	1.65%	16	2.8K
$83.00	Sep 30	$0.65	0.39	0.8%	0.79%	1.63%	215	19.9K
$84.00	Oct 9	$0.44	0.26	2.0%	0.53%	2.59%	3	642
$82.50	Sep 25	$0.78	0.47	0.2%	0.95%	1.18%	26	6.7K

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 74,090

Total Puts 10,701

Put/Call Ratio 0.14

Net Difference 63,389

Prior's Put/Call Breakdown

Total Calls 37,796

Total Puts 13,149

Put/Call Ratio 0.35

Net Difference 24,647

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

🤖 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

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