TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.23 +0.19%

(9/4 10:01) ◀

Friday, September 4, 2026 (11:00am)

▶ (9/4 12:01)

◀ 9/4 11:01 ▶

Option Volume

Detail

ℹ

Current (09/04 11:00am) 162,625

Calls: 134,878 (83%)

Puts: 27,747 (17%)

Prior (09/03) 95,477

Calls: 63,966 (67%)

Puts: 31,511 (33%)

Current vs Prior +70.33%

Calls: +110.86% (Calls)

Puts: -11.95% (Puts)

Prior 7-Day Total 2,486,315

Calls: 1,509,767 (61%)

Puts: 976,548 (39%)

Prior 7-Day Average 355,187

Calls: 215,681 (61%)

Puts: 139,506 (39%)

Current vs Prior 7-Day Avg -54.21%

Calls: -37.46%

Puts: -80.11%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/04 11:00am) $4.31M

Calls: $3.09M (72%)

Puts: $1.22M (28%)

Prior (09/03) $4.07M

Calls: $2.69M (66%)

Puts: $1.38M (34%)

Current vs Prior +5.90%

Calls: +14.88%

Puts: -11.53%

Prior 7-Day Total $143.75M

Calls: $80.70M (56%)

Puts: $63.06M (44%)

Prior 7-Day Average $20.54M

Calls: $11.53M (56%)

Puts: $9.01M (44%)

Current vs Prior 7-Day Avg -79.01%

Calls: -73.23%

Puts: -86.40%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/04 11:00am) 0.21

Prior (09/03) 0.49

Current vs Prior -58.24%

Prior 7-Day Average 0.66

Current vs Prior 7-Day Avg -69.01%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/04 11:00am) 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 22,771,741

Calls: 13,599,279 (60%)

Puts: 9,172,462 (40%)

Prior 7-Day Average 3,253,105

Calls: 1,942,754 (60%)

Puts: 1,310,351 (40%)

Current vs Prior 7-Day Avg +19.07%

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 0.66% | 1.09%0.66% | 1.40%2.10% | 3.56%

Prior 1.00% | 1.28%1.00% | 1.52%2.27% | 3.68%

Current vs Prior -34.27% | -14.45%-34.27% | -8.18%-7.17% | -3.17%

Prior 7-Day Avg 1.01% | 1.30%1.07% | 1.70%2.39% | 3.82%

Current vs 7-Day Avg -35.15% | -16.05%-38.84% | -17.89%-12.05% | -6.80%

Prior 7-Day Eod 1.00% | 1.28%0.97% | 1.52%2.25% | 3.67%

Current vs 7-Day Eod -34.27% | -14.45%-32.63% | -8.18%-6.67% | -2.85%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 18.55% | 3.33%

Calls: 19.23% | 2.22%

Puts: 17.86% | 4.44%

Prior 4.55% | 1.96%

Calls: 3.33% | 2.27%

Puts: 5.77% | 1.64%

Current vs Prior +307.69% | +69.90%

Prior 7-Day Avg 5.27% | 3.04%

Calls: 5.87% | 2.88%

Puts: 4.68% | 3.20%

Current vs 7-Day Avg +251.71% | +9.54%

Liquidity Acceptable

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🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($3.09M). Above-average activity with volume up 70% vs prior. Extreme bullish P/C ratio of 0.21 - heavy call buying (134,878 calls vs 27,747 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
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

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High Delta

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Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 294 of results (avg 3.0%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 4	12.20	12.30	$12.25	0.8%	16	1.00	49
$82.00	Sep 30	1.12	1.13	$1.13	0.9%	274	0.55	8.7K
$71.00	Sep 4	11.20	11.30	$11.25	0.9%	11	1.00	45
$72.00	Sep 18	10.30	10.40	$10.35	1.0%	--	1.00	27
$67.00	Oct 16	15.35	15.50	$15.43	1.0%	236	1.00	39

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Sep 4	14.70	14.80	$14.75	0.7%	1	1.00	--
$96.00	Sep 4	13.70	13.80	$13.75	0.7%	1	1.00	--
$95.00	Sep 4	12.70	12.80	$12.75	0.8%	2	1.00	--
$94.00	Sep 4	11.70	11.80	$11.75	0.9%	2	1.00	--
$84.00	Oct 16	2.27	2.29	$2.28	0.9%	14	0.73	71.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 143 found (avg $0.32, cheapest $0.26)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 4	0.23	0.28	$0.26	19.2%	1.4K	0.86	6.5K
$83.00	Sep 9	0.07	0.08	$0.08	12.5%	1.6K	0.17	3.9K
$82.50	Sep 9	0.19	0.20	$0.20	5.0%	7.5K	0.36	4.5K
$83.50	Sep 11	0.08	0.09	$0.09	11.1%	650	0.14	17.4K
$84.00	Sep 11	0.05	0.06	$0.06	16.7%	53.0K	0.09	18.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 4	0.25	0.30	$0.28	17.9%	1.9K	0.90	7.2K
$81.50	Sep 9	0.07	0.08	$0.08	12.5%	617	0.18	2.4K
$82.00	Sep 9	0.19	0.20	$0.20	5.0%	396	0.39	2.4K
$81.00	Sep 11	0.07	0.08	$0.08	12.5%	194	0.13	6.2K
$81.50	Sep 11	0.15	0.16	$0.16	6.3%	544	0.25	16.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 215 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Sep 9	3.20	3.35	$3.28	4.6%	--	1.00	20
$80.00	Sep 9	2.23	2.31	$2.27	3.5%	8	1.00	46
$77.00	Sep 11	5.20	5.35	$5.28	2.8%	--	1.00	31
$77.50	Sep 11	4.75	4.85	$4.80	2.1%	--	1.00	13
$78.50	Sep 11	3.75	3.85	$3.80	2.6%	--	1.00	19

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 4	0.72	0.81	$0.77	11.7%	355	1.00	6.2K
$83.50	Sep 4	1.23	1.32	$1.27	7.1%	8	1.00	1
$84.00	Sep 4	1.72	1.84	$1.78	6.7%	3	1.00	--
$84.50	Sep 4	2.22	2.30	$2.26	3.5%	11	1.00	--
$85.00	Sep 4	2.71	2.80	$2.76	3.3%	185	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 331 active (total vol 158.6K, top 53.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 11	0.05	0.06	$0.06	16.7%	53.0K	0.09	18.3K
$82.50	Sep 4	0.01	0.02	$0.02	50.0%	27.8K	0.13	37.9K
$82.50	Sep 9	0.19	0.20	$0.20	5.0%	7.5K	0.36	4.5K
$85.00	Oct 16	0.32	0.33	$0.33	3.0%	4.9K	0.18	43.7K
$82.00	Sep 11	0.58	0.59	$0.59	1.7%	3.7K	0.59	3.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 4	0.01	0.02	$0.02	50.0%	4.1K	0.14	8.6K
$78.00	Sep 25	0.04	0.05	$0.05	20.0%	2.2K	0.04	1.6K
$82.50	Sep 9	0.44	0.46	$0.45	4.4%	2.0K	0.64	1.7K
$82.50	Sep 4	0.25	0.30	$0.28	17.9%	1.9K	0.90	7.2K
$83.00	Sep 11	0.89	0.92	$0.91	3.3%	1.1K	0.75	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. -- 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. 73 found (best R:R 0.72, 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	18%	7.33	$85.12
$84.00	$85.00	Sep 30	$0.15	$0.85	$0.15	24%	5.67	$84.15
$83.50	$84.00	Oct 2	$0.12	$0.38	$0.12	29%	3.17	$83.62
$83.50	$84.00	Oct 9	$0.13	$0.37	$0.13	31%	2.85	$83.63
$84.00	$85.00	Oct 16	$0.20	$0.80	$0.20	27%	4.00	$84.20

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 14	$0.58	$0.42	$0.58	74%	0.72	$82.42
$82.00	$81.00	Sep 30	$0.31	$0.69	$0.31	45%	2.23	$81.69
$83.00	$82.00	Oct 16	$0.54	$0.46	$0.54	62%	0.85	$82.46
$82.00	$81.00	Oct 16	$0.39	$0.61	$0.39	50%	1.56	$81.61
$83.00	$82.00	Sep 16	$0.56	$0.44	$0.56	69%	0.79	$82.44

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 42 found (best R:R 0.33, avg 0.41)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Sep 16	$0.19	$0.19	$0.81	69%	0.23	$83.19
$83.00	$84.00	Sep 30	$0.30	$0.30	$0.70	62%	0.43	$83.30
$83.00	$84.00	Oct 16	$0.33	$0.33	$0.67	62%	0.49	$83.33
$82.50	$83.00	Oct 2	$0.22	$0.22	$0.28	56%	0.79	$82.72
$83.00	$83.50	Oct 2	$0.18	$0.18	$0.32	63%	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	$0.25	$0.25	$0.75	57%	0.33	$81.75
$81.00	$80.00	Sep 16	$0.11	$0.11	$0.89	80%	0.12	$80.89
$82.00	$81.50	Sep 9	$0.12	$0.12	$0.38	62%	0.32	$81.88
$82.00	$81.50	Sep 11	$0.15	$0.15	$0.35	59%	0.43	$81.85
$82.00	$81.00	Sep 16	$0.26	$0.26	$0.74	57%	0.35	$81.74

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. 182 found (cheapest 0.34% of stock, avg 4.19%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Sep 4	$0.26	$0.02	$0.28	$81.72	$82.28	0.34%
$82.50	Sep 4	$0.02	$0.28	$0.30	$82.20	$82.80	0.36%
$82.00	Sep 9	$0.45	$0.20	$0.65	$81.35	$82.65	0.79%
$82.50	Sep 9	$0.20	$0.45	$0.65	$81.85	$83.15	0.79%
$81.50	Sep 4	$0.73	$0.01	$0.74	$80.76	$82.24	0.90%
$83.00	Sep 4	$0.01	$0.77	$0.78	$82.22	$83.78	0.95%
$82.50	Sep 11	$0.33	$0.56	$0.89	$81.61	$83.39	1.08%
$82.00	Sep 11	$0.59	$0.31	$0.90	$81.10	$82.90	1.09%
$81.50	Sep 9	$0.83	$0.08	$0.91	$80.59	$82.41	1.11%
$83.00	Sep 9	$0.08	$0.83	$0.91	$82.09	$83.91	1.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 193 found (cheapest 0.05% of stock, avg 0.84%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$82.00	Sep 4	$0.02	$0.02	$0.04	$81.96	$82.54
$84.00	$81.00	Sep 9	$0.03	$0.04	$0.07	$80.93	$84.07
$83.50	$81.00	Sep 9	$0.04	$0.04	$0.08	$80.92	$83.58
$84.50	$80.50	Sep 11	$0.04	$0.04	$0.08	$80.42	$84.58
$84.00	$80.50	Sep 11	$0.06	$0.04	$0.10	$80.40	$84.10
$84.00	$80.00	Sep 14	$0.07	$0.04	$0.11	$79.89	$84.11
$84.00	$81.50	Sep 9	$0.03	$0.08	$0.11	$81.39	$84.11
$85.00	$80.00	Sep 16	$0.06	$0.06	$0.12	$79.88	$85.12
$84.50	$81.00	Sep 11	$0.04	$0.08	$0.12	$80.88	$84.62
$83.00	$81.00	Sep 9	$0.08	$0.04	$0.12	$80.88	$83.12

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 0.79, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/81	84/84	Sep 25	$0.22	$0.28	46%	0.79	$80.78	$83.72
80/80	84/84	Oct 9	$0.24	$0.26	42%	0.92	$80.26	$83.74
81/82	84/84	Sep 25	$0.25	$0.25	37%	1.00	$81.25	$83.75
80/81	84/84	Oct 9	$0.26	$0.24	35%	1.08	$80.74	$83.76
80/81	84/84	Oct 2	$0.24	$0.26	39%	0.92	$80.76	$83.74
81/82	83/84	Sep 18	$0.24	$0.26	35%	0.92	$81.26	$83.24
79/80	85/86	Oct 16	$0.28	$0.72	58%	0.39	$79.72	$85.28
79/80	84/85	Oct 16	$0.36	$0.64	49%	0.56	$79.64	$84.36
80/81	84/85	Sep 30	$0.33	$0.67	49%	0.49	$80.67	$84.33
80/81	83/84	Sep 16	$0.30	$0.70	49%	0.43	$80.70	$83.30

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 86 found (best R:R 1.17, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.50	$82.00	$82.50	Sep 4	$0.23	$0.27	84%	1.17
$82.00	$82.50	$83.00	Sep 4	$0.23	$0.27	83%	1.17
$79.00	$80.00	$81.00	Oct 16	$0.06	$0.94	23%	15.67
$81.00	$82.00	$83.00	Sep 14	$0.34	$0.66	59%	1.94
$80.00	$81.00	$82.00	Sep 14	$0.17	$0.83	37%	4.88

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Sep 4	$0.23	$0.27	86%	1.17
$81.50	$82.00	$82.50	Sep 4	$0.25	$0.25	87%	1.00
$81.00	$82.00	$83.00	Sep 14	$0.33	$0.67	58%	2.03
$80.00	$81.00	$82.00	Sep 16	$0.15	$0.85	36%	5.67
$80.00	$81.00	$82.00	Sep 30	$0.13	$0.87	29%	6.69

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 143 found (best net $-2.47, 121 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$2.47	$2.53
$70.00	$75.00	1:2	Oct 16	-$2.47	$2.53
$78.50	$80.00	1:2	Sep 11	-$0.80	$0.70
$80.00	$81.00	1:2	Sep 14	-$0.46	$0.54
$77.00	$79.00	1:2	Sep 25	-$1.55	$0.45

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$84.00	$83.00	1:2	Sep 14	-$0.06	$0.94
$84.00	$83.00	1:2	Sep 16	-$0.15	$0.85
$83.00	$82.00	1:2	Sep 30	-$0.17	$0.83
$83.00	$82.50	1:2	Sep 9	-$0.07	$0.43
$83.50	$83.00	1:2	Sep 4	-$0.27	$0.23

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 56 found (best yield 1.03%, avg 0.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 16	$0.85	0.39	0.9%	1.03%	1.97%	1.2K	75.6K
$82.50	Oct 9	$0.95	0.44	0.3%	1.16%	1.48%	1.0K	2.6K
$83.00	Oct 9	$0.73	0.37	0.9%	0.89%	1.82%	76	332
$84.00	Oct 16	$0.52	0.27	2.1%	0.63%	2.78%	131	76.7K
$82.50	Oct 2	$0.86	0.44	0.3%	1.05%	1.37%	641	2.0K
$83.50	Oct 9	$0.56	0.31	1.5%	0.68%	2.23%	53	475
$83.00	Oct 2	$0.64	0.37	0.9%	0.78%	1.71%	69	2.8K
$83.00	Sep 30	$0.62	0.38	0.9%	0.75%	1.69%	329	19.9K
$82.50	Sep 25	$0.74	0.46	0.3%	0.90%	1.23%	84	6.7K
$84.00	Oct 9	$0.42	0.25	2.1%	0.51%	2.66%	90	642

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 134,878

Total Puts 27,747

Put/Call Ratio 0.21

Net Difference 107,131

Prior's Put/Call Breakdown

Total Calls 63,966

Total Puts 31,511

Put/Call Ratio 0.49

Net Difference 32,455

Prior 7-Day Put/Call Summary

Total Calls 1,509,767

Total Puts 976,548

Average Put/Call Ratio 0.66

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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