TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.21 +0.17%

(9/4 14:00) ◀

Friday, September 4, 2026 (3:00pm)

▶ (9/4 15:22)

◀ 9/4 15:00 ▶

Option Volume

Detail

ℹ

Current (09/04 3:00pm) 315,192

Calls: 231,414 (73%)

Puts: 83,778 (27%)

Prior (09/03) 284,478

Calls: 166,569 (59%)

Puts: 117,909 (41%)

Current vs Prior +10.80%

Calls: +38.93% (Calls)

Puts: -28.95% (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 -11.26%

Calls: +7.29%

Puts: -39.95%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/04 3:00pm) $7.92M

Calls: $4.74M (60%)

Puts: $3.18M (40%)

Prior (09/03) $30.88M

Calls: $5.80M (19%)

Puts: $25.08M (81%)

Current vs Prior -74.35%

Calls: -18.39%

Puts: -87.30%

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 -61.43%

Calls: -58.91%

Puts: -64.65%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/04 3:00pm) 0.36

Prior (09/03) 0.71

Current vs Prior -48.86%

Prior 7-Day Average 0.66

Current vs Prior 7-Day Avg -45.47%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/04 3:00pm) 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

ℹ

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

Current 0.63% | 1.05%0.63% | 1.33%2.06% | 3.52%

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

Current vs Prior -36.69% | -18.23%-36.69% | -12.95%-9.30% | -4.47%

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

Current vs 7-Day Avg -37.53% | -19.76%-41.10% | -22.15%-14.06% | -8.05%

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

Current vs 7-Day Eod -36.69% | -18.23%-35.11% | -12.95%-8.81% | -4.15%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 18.48% | 2.33%

Calls: 13.64% | 2.38%

Puts: 23.33% | 2.27%

Prior 4.55% | 1.96%

Calls: 3.33% | 2.27%

Puts: 5.77% | 1.64%

Current vs Prior +306.15% | +18.88%

Prior 7-Day Avg 5.27% | 3.04%

Calls: 5.87% | 2.88%

Puts: 4.68% | 3.20%

Current vs 7-Day Avg +250.38% | -23.36%

Liquidity Good

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🤖 AI Insights

Light premium activity with dollar volume down 74% vs prior. Extreme bullish P/C ratio of 0.36 - heavy call buying (231,414 calls vs 83,778 puts). P/C ratio dropping 49% - sentiment shifting bullish. Call-heavy open interest (2,339,666 calls vs 1,533,961 puts) suggests bullish positioning.

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 NEUTRAL

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
15:00	BULLISH	BULLISH	BULLISH
14:00	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 301 of results (avg 2.9%, best 0.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 16	1.95	1.96	$1.96	0.5%	54	0.67	13.8K
$82.00	Oct 16	1.31	1.32	$1.32	0.8%	483	0.51	15.9K
$81.50	Sep 18	1.13	1.14	$1.13	0.9%	70	0.69	997
$71.00	Sep 11	11.20	11.30	$11.25	0.9%	1	1.00	2
$82.00	Sep 30	1.09	1.10	$1.10	0.9%	455	0.55	8.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Sep 4	14.75	14.85	$14.80	0.7%	1	1.00	--
$95.00	Sep 4	12.75	12.85	$12.80	0.8%	2	1.00	--
$94.00	Sep 4	11.75	11.85	$11.80	0.8%	2	1.00	--
$93.00	Sep 18	10.75	10.85	$10.80	0.9%	--	1.00	51
$98.00	Oct 16	15.75	15.90	$15.83	0.9%	--	0.99	114

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 135 found (avg $0.32, cheapest $0.22)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 4	0.20	0.23	$0.22	13.6%	2.0K	0.93	6.5K
$83.00	Sep 9	0.05	0.06	$0.06	16.7%	2.1K	0.14	3.9K
$82.50	Sep 9	0.16	0.17	$0.17	5.9%	13.1K	0.34	4.5K
$83.50	Sep 11	0.06	0.07	$0.07	14.3%	1.6K	0.12	17.4K
$83.00	Sep 11	0.13	0.14	$0.14	7.1%	5.9K	0.23	7.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 9	0.06	0.07	$0.07	14.3%	828	0.17	2.4K
$82.00	Sep 9	0.18	0.19	$0.19	5.3%	1.5K	0.39	2.4K
$81.00	Sep 11	0.06	0.07	$0.07	14.3%	519	0.12	6.2K
$81.50	Sep 11	0.13	0.14	$0.14	7.1%	1.3K	0.23	16.5K
$81.00	Sep 14	0.08	0.09	$0.09	11.1%	2.5K	0.14	7.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 229 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$71.00	Sep 9	11.15	11.30	$11.23	1.3%	9	1.00	--
$72.00	Sep 9	10.15	10.30	$10.23	1.5%	9	1.00	1
$73.00	Sep 9	9.15	9.30	$9.23	1.6%	4	1.00	1
$74.00	Sep 9	8.15	8.30	$8.23	1.8%	15	1.00	--
$75.00	Sep 9	7.15	7.30	$7.23	2.1%	11	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 4	0.75	0.83	$0.79	10.1%	615	1.00	6.2K
$83.50	Sep 4	1.25	1.33	$1.29	6.2%	9	1.00	1
$84.00	Sep 4	1.72	1.83	$1.78	6.2%	6	1.00	--
$84.50	Sep 4	2.22	2.33	$2.28	4.8%	14	1.00	--
$85.00	Sep 4	2.73	2.83	$2.78	3.6%	339	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 405 active (total vol 311.0K, top 78.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 11	0.03	0.04	$0.04	25.0%	78.4K	0.07	18.3K
$82.50	Sep 4	0.00	0.01	$0.01	100.0%	35.8K	0.06	37.9K
$82.50	Sep 9	0.16	0.17	$0.17	5.9%	13.1K	0.34	4.5K
$82.50	Sep 11	0.29	0.30	$0.30	3.3%	10.0K	0.40	4.8K
$85.00	Oct 16	0.30	0.31	$0.31	3.2%	7.1K	0.18	43.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Oct 16	0.23	0.24	$0.24	4.2%	9.2K	0.15	71.4K
$82.00	Sep 4	0.00	0.01	$0.01	100.0%	5.7K	0.07	8.6K
$82.50	Sep 4	0.26	0.33	$0.30	23.3%	5.6K	0.99	7.2K
$80.00	Sep 18	0.07	0.08	$0.08	12.5%	5.6K	0.09	63.8K
$82.50	Sep 11	0.52	0.54	$0.53	3.8%	3.9K	0.60	2.5K

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. 71 found (best R:R 0.72, avg 2.03)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$85.00	$86.00	Oct 16	$0.12	$0.88	$0.12	18%	7.33	$85.12
$82.00	$82.50	Sep 4	$0.21	$0.29	$0.21	93%	1.38	$82.21
$81.50	$82.00	Sep 18	$0.32	$0.18	$0.32	69%	0.56	$81.82
$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	30%	2.85	$83.63

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	75%	0.72	$82.42
$83.00	$82.00	Oct 16	$0.53	$0.47	$0.53	62%	0.89	$82.47
$83.00	$82.00	Sep 30	$0.51	$0.49	$0.51	63%	0.96	$82.49
$83.00	$82.00	Sep 16	$0.56	$0.44	$0.56	71%	0.79	$82.44
$82.00	$81.00	Oct 16	$0.39	$0.61	$0.39	50%	1.56	$81.61

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 40 found (best R:R 0.32, avg 0.42)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Oct 16	$0.33	$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
$82.50	$83.00	Sep 11	$0.16	$0.16	$0.34	60%	0.47	$82.66
$82.50	$83.00	Sep 25	$0.22	$0.22	$0.28	55%	0.79	$82.72
$83.00	$84.00	Sep 30	$0.29	$0.29	$0.71	63%	0.41	$83.29

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	57%	0.32	$81.76
$82.00	$81.00	Sep 16	$0.27	$0.27	$0.73	56%	0.37	$81.73
$82.00	$81.50	Sep 9	$0.12	$0.12	$0.38	61%	0.32	$81.88
$82.00	$81.50	Sep 11	$0.15	$0.15	$0.35	59%	0.43	$81.85
$81.00	$80.00	Sep 30	$0.18	$0.18	$0.82	72%	0.22	$80.82

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. 191 found (cheapest 0.28% of stock, avg 4.24%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Sep 4	$0.22	$0.01	$0.23	$81.77	$82.23	0.28%
$82.50	Sep 4	$0.01	$0.30	$0.31	$82.19	$82.81	0.38%
$82.00	Sep 9	$0.42	$0.19	$0.61	$81.39	$82.61	0.74%
$82.50	Sep 9	$0.17	$0.44	$0.61	$81.89	$83.11	0.74%
$81.50	Sep 4	$0.73	$0.01	$0.74	$80.76	$82.24	0.90%
$83.00	Sep 4	$0.01	$0.79	$0.80	$82.20	$83.80	0.97%
$82.50	Sep 11	$0.30	$0.53	$0.83	$81.67	$83.33	1.01%
$82.00	Sep 11	$0.56	$0.29	$0.85	$81.15	$82.85	1.03%
$81.50	Sep 9	$0.81	$0.07	$0.88	$80.62	$82.38	1.07%
$83.00	Sep 9	$0.06	$0.82	$0.88	$82.12	$83.88	1.07%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 180 found (cheapest 0.02% of stock, avg 0.84%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$82.00	Sep 4	$0.01	$0.01	$0.02	$81.98	$82.52
$83.50	$81.00	Sep 9	$0.03	$0.03	$0.06	$80.94	$83.56
$84.00	$80.50	Sep 11	$0.04	$0.03	$0.07	$80.43	$84.07
$83.00	$81.00	Sep 9	$0.06	$0.03	$0.09	$80.91	$83.09
$85.00	$80.00	Sep 16	$0.05	$0.05	$0.10	$79.90	$85.10
$83.50	$80.50	Sep 11	$0.07	$0.03	$0.10	$80.40	$83.60
$83.50	$81.50	Sep 9	$0.03	$0.07	$0.10	$81.40	$83.60
$84.00	$81.00	Sep 11	$0.04	$0.07	$0.11	$80.89	$84.11
$83.00	$81.50	Sep 9	$0.06	$0.07	$0.13	$81.37	$83.13
$83.50	$81.00	Sep 11	$0.07	$0.07	$0.14	$80.86	$83.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 8 found (best R:R 0.92, avg credit $0.28)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	84/84	Oct 9	$0.24	$0.26	42%	0.92	$80.26	$83.74
80/81	84/84	Oct 2	$0.25	$0.25	39%	1.00	$80.75	$83.75
80/81	84/84	Oct 9	$0.26	$0.24	36%	1.08	$80.74	$83.76
81/82	84/84	Sep 25	$0.24	$0.26	38%	0.92	$81.26	$83.74
81/82	83/84	Sep 18	$0.24	$0.26	37%	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	50%	0.56	$79.64	$84.36
80/81	84/85	Sep 30	$0.33	$0.67	50%	0.49	$80.67	$84.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 88 found (best R:R 1.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Sep 4	$0.21	$0.29	90%	1.38
$81.00	$82.00	$83.00	Sep 14	$0.35	$0.65	61%	1.86
$80.00	$81.00	$82.00	Sep 14	$0.16	$0.84	38%	5.25
$81.50	$82.00	$82.50	Sep 4	$0.30	$0.20	90%	0.67
$81.00	$82.00	$83.00	Sep 16	$0.29	$0.71	52%	2.45

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Sep 4	$0.20	$0.30	93%	1.50
$81.50	$82.00	$82.50	Sep 4	$0.29	$0.21	95%	0.72
$81.00	$82.00	$83.00	Sep 14	$0.34	$0.66	60%	1.94
$80.00	$81.00	$82.00	Sep 16	$0.17	$0.83	37%	4.88
$80.00	$81.00	$82.00	Sep 14	$0.18	$0.82	38%	4.56

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 141 found (best net $-2.43, 116 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$2.43	$2.57
$70.00	$75.00	1:2	Oct 16	-$2.47	$2.53
$80.00	$81.00	1:2	Sep 14	-$0.44	$0.56
$77.00	$79.00	1:2	Sep 25	-$1.51	$0.49
$80.00	$81.00	1:2	Sep 16	-$0.53	$0.47

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$84.00	$83.00	1:2	Sep 16	-$0.14	$0.86
$83.00	$82.00	1:2	Sep 30	-$0.17	$0.83
$83.00	$82.50	1:2	Sep 9	-$0.06	$0.44
$84.00	$83.00	1:2	Sep 30	-$0.46	$0.54
$83.50	$83.00	1:2	Sep 4	-$0.29	$0.21

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 52 found (best yield 1.01%, avg 0.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 16	$0.83	0.38	1.0%	1.01%	1.97%	2.0K	75.6K
$82.50	Oct 9	$0.93	0.44	0.3%	1.13%	1.48%	1.1K	2.6K
$83.00	Oct 9	$0.71	0.37	1.0%	0.86%	1.82%	80	332
$84.00	Oct 16	$0.50	0.27	2.2%	0.61%	2.79%	780	76.7K
$82.50	Oct 2	$0.83	0.44	0.3%	1.01%	1.36%	1.3K	2.0K
$83.50	Oct 9	$0.53	0.30	1.6%	0.64%	2.21%	124	475
$83.00	Oct 2	$0.61	0.36	1.0%	0.74%	1.70%	282	2.8K
$83.00	Sep 30	$0.59	0.37	1.0%	0.72%	1.68%	880	19.9K
$82.50	Sep 25	$0.72	0.45	0.3%	0.88%	1.23%	133	6.7K
$84.00	Oct 9	$0.40	0.24	2.2%	0.49%	2.66%	132	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 231,414

Total Puts 83,778

Put/Call Ratio 0.36

Net Difference 147,636

Prior's Put/Call Breakdown

Total Calls 166,569

Total Puts 117,909

Put/Call Ratio 0.71

Net Difference 48,660

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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