Tour v526
TLT
iShares 20+ Year Treasury Bond ETF
$82.34 +0.32%
9/4 12:01

Option Volume

Detail
Current (09/04 12:00pm) 217,011
Calls: 170,911 (79%)
Puts: 46,100 (21%)
Prior (09/03) 128,633
Calls: 82,685 (64%)
Puts: 45,948 (36%)
Current vs Prior +68.71%
Calls: +106.70% (Calls)
Puts: +0.33% (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 -38.90%
Calls: -20.76%
Puts: -66.96%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/04 12:00pm) $5.43M
Calls: $3.72M (68%)
Puts: $1.71M (32%)
Prior (09/03) $5.85M
Calls: $4.26M (73%)
Puts: $1.59M (27%)
Current vs Prior -7.21%
Calls: -12.79%
Puts: +7.74%
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 -73.55%
Calls: -67.75%
Puts: -80.97%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/04 12:00pm) 0.27
Prior (09/03) 0.56
Current vs Prior -51.46%
Prior 7-Day Average 0.66
Current vs Prior 7-Day Avg -59.37%
Sentiment BULLISH

Open Interest

Detail
Current (09/04 12:00pm) 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
Expiry (09/04) | Next (09/09)Expiry (09/04) | Next (09/11)Expiry (09/16) | Next (10/16)
Current 0.64% | 1.07%0.64% | 1.36%2.05% | 3.52%
Prior 1.00% | 1.28%1.00% | 1.52%2.27% | 3.68%
Current vs Prior -35.58% | -16.47%-35.57% | -10.70%-9.44% | -4.29%
Prior 7-Day Avg 1.01% | 1.30%1.07% | 1.70%2.39% | 3.82%
Current vs 7-Day Avg -36.43% | -18.02%-40.05% | -20.13%-14.20% | -7.88%
Prior 7-Day Eod 1.00% | 1.28%0.97% | 1.52%2.25% | 3.67%
Current vs 7-Day Eod -35.58% | -16.47%-33.97% | -10.70%-8.95% | -3.97%
Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 17.88% | 3.69%
Calls: 14.71% | 1.96%
Puts: 21.05% | 5.41%
Prior 4.55% | 1.96%
Calls: 3.33% | 2.27%
Puts: 5.77% | 1.64%
Current vs Prior +292.97% | +88.27%
Prior 7-Day Avg 5.27% | 3.04%
Calls: 5.87% | 2.88%
Puts: 4.68% | 3.20%
Current vs 7-Day Avg +239.00% | +21.38%
Liquidity Acceptable
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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($3.72M). Above-average activity with volume up 69% vs prior. Extreme bullish P/C ratio of 0.27 - heavy call buying (170,911 calls vs 46,100 puts). P/C ratio dropping 51% - 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)
TimeSmart MoneyRetailOverall
12:00BULLISHBULLISHBULLISH
11:00BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH

📈 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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 293 of results (avg 3.1%, best 0.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$81.50Sep 251.411.42$1.420.7%840.681.2K
$82.00Sep 301.171.18$1.170.9%2790.578.7K
$82.00Sep 251.071.08$1.080.9%940.582.2K
$67.00Oct 1615.4515.60$15.521.0%2361.0039
$81.00Oct 162.042.06$2.051.0%480.6813.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$98.00Oct 1615.6515.80$15.731.0%--0.99114
$97.00Oct 1614.6514.80$14.731.0%--0.98121
$97.00Sep 414.6014.75$14.681.0%11.00--
$96.00Oct 1613.6513.80$13.731.1%10.9887
$96.00Sep 413.6013.75$13.681.1%11.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 139 found (avg $0.32, cheapest $0.34)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.00Sep 40.310.36$0.3414.7%1.6K0.906.5K
$83.00Sep 90.080.09$0.0911.1%1.7K0.203.9K
$82.50Sep 90.220.23$0.234.3%8.1K0.414.5K
$83.50Sep 110.080.09$0.0911.1%7260.1517.4K
$84.00Sep 110.050.06$0.0616.7%78.1K0.0918.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$81.50Sep 90.060.07$0.0714.3%7600.152.4K
$82.00Sep 90.150.16$0.166.3%8170.332.4K
$81.00Sep 110.060.07$0.0714.3%3440.126.2K
$81.50Sep 110.120.13$0.137.7%1.1K0.2116.5K
$82.50Sep 90.360.38$0.375.4%2.2K0.591.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 216 found (avg delta 0.89, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Sep 412.2512.40$12.331.2%161.0049
$71.00Sep 411.2511.40$11.331.3%121.0045
$72.00Sep 410.2510.40$10.331.5%--1.0026
$73.00Sep 49.259.40$9.321.6%--1.0024
$74.00Sep 48.258.40$8.321.8%111.0017
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$97.00Sep 414.6014.75$14.681.0%11.00--
$93.00Sep 410.6010.75$10.681.4%91.00--
$94.00Sep 411.6011.75$11.681.3%21.00--
$95.00Sep 412.6012.75$12.681.2%21.00--
$96.00Sep 413.6013.75$13.681.1%11.00--

Most actively traded options today. High liquidity = easy entry/exit. 352 active (total vol 213.0K, top 78.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Sep 110.050.06$0.0616.7%78.1K0.0918.3K
$82.50Sep 40.010.02$0.0250.0%29.3K0.1637.9K
$82.50Sep 90.220.23$0.234.3%8.1K0.414.5K
$85.00Oct 160.320.33$0.333.0%5.0K0.1943.7K
$82.00Sep 110.630.65$0.643.1%3.8K0.633.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.00Sep 40.010.02$0.0250.0%5.1K0.128.6K
$80.00Sep 180.070.08$0.0812.5%4.5K0.0963.8K
$82.50Sep 40.170.21$0.1921.1%2.5K0.847.2K
$79.00Sep 300.090.10$0.1010.0%2.3K0.082.7K
$78.00Sep 250.040.05$0.0520.0%2.2K0.041.6K

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. 70 found (best R:R 0.89, avg 2.01)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$85.00$86.00Oct 16$0.12$0.88$0.1219%7.33$85.12
$84.00$84.50Oct 9$0.11$0.39$0.1126%3.55$84.11
$82.00$82.50Sep 9$0.28$0.22$0.2868%0.79$82.28
$83.50$84.00Sep 25$0.12$0.38$0.1229%3.17$83.62
$84.00$85.00Sep 30$0.16$0.84$0.1624%5.25$84.16
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$83.00$82.00Sep 14$0.53$0.47$0.5372%0.89$82.47
$82.00$81.00Oct 16$0.36$0.64$0.3648%1.78$81.64
$83.00$82.00Sep 30$0.49$0.51$0.4960%1.04$82.51
$82.00$81.00Sep 30$0.29$0.71$0.2943%2.45$81.71
$82.00$81.50Sep 25$0.16$0.34$0.1642%2.12$81.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 39 found (best R:R 0.92, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$82.50$83.00Oct 2$0.24$0.24$0.2654%0.92$82.74
$83.00$84.00Sep 30$0.32$0.32$0.6860%0.47$83.32
$83.00$84.00Sep 16$0.20$0.20$0.8068%0.25$83.20
$82.50$83.00Oct 9$0.23$0.23$0.2754%0.85$82.73
$82.50$83.00Sep 25$0.23$0.23$0.2754%0.85$82.73
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$82.00$81.00Sep 14$0.20$0.20$0.8062%0.25$81.80
$82.00$81.50Sep 11$0.13$0.13$0.3763%0.35$81.87
$82.00$81.00Sep 16$0.23$0.23$0.7760%0.30$81.77
$81.50$81.00Sep 18$0.11$0.11$0.3971%0.28$81.39
$81.00$80.00Oct 16$0.25$0.25$0.7566%0.33$80.75

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. 184 found (cheapest 0.26% of stock, avg 4.18%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$82.50Sep 4$0.02$0.19$0.21$82.29$82.710.26%
$82.00Sep 4$0.34$0.02$0.36$81.64$82.360.44%
$82.50Sep 9$0.23$0.37$0.60$81.90$83.100.73%
$82.00Sep 9$0.51$0.16$0.67$81.33$82.670.81%
$83.00Sep 4$0.01$0.69$0.70$82.30$83.700.85%
$83.00Sep 9$0.09$0.73$0.82$82.18$83.821.00%
$81.50Sep 4$0.83$0.01$0.84$80.66$82.341.02%
$82.50</