TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$79.24 -0.23%

(9/25 11:00) ◀

Friday, September 25, 2026 (12:00pm)

▶

◀ 9/25 12:00

Option Volume

Detail

ℹ

Current (09/25 12:00pm) 585,648

Calls: 404,177 (69%)

Puts: 181,471 (31%)

Prior (09/24) 328,803

Calls: 207,204 (63%)

Puts: 121,599 (37%)

Current vs Prior +78.12%

Calls: +95.06% (Calls)

Puts: +49.24% (Puts)

Prior 7-Day Total 3,891,286

Calls: 2,611,698 (67%)

Puts: 1,279,588 (33%)

Prior 7-Day Average 555,898

Calls: 373,099 (67%)

Puts: 182,798 (33%)

Current vs Prior 7-Day Avg +5.35%

Calls: +8.33%

Puts: -0.73%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/25 12:00pm) $29.31M

Calls: $17.30M (59%)

Puts: $12.02M (41%)

Prior (09/24) $15.53M

Calls: $6.55M (42%)

Puts: $8.98M (58%)

Current vs Prior +88.75%

Calls: +164.12%

Puts: +33.79%

Prior 7-Day Total $238.25M

Calls: $126.23M (53%)

Puts: $112.01M (47%)

Prior 7-Day Average $34.04M

Calls: $18.03M (53%)

Puts: $16.00M (47%)

Current vs Prior 7-Day Avg -13.87%

Calls: -4.08%

Puts: -24.91%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/25 12:00pm) 0.45

Prior (09/24) 0.59

Current vs Prior -23.49%

Prior 7-Day Average 0.49

Current vs Prior 7-Day Avg -8.26%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/25 12:00pm) 2,950,216

Calls: 1,983,260 (67%)

Puts: 966,956 (33%)

Prior (09/24) 2,832,246

Calls: 1,880,457 (66%)

Puts: 951,789 (34%)

Current vs Prior +4.17%

Prior 7-Day Total 23,792,466

Calls: 15,455,874 (65%)

Puts: 8,336,592 (35%)

Prior 7-Day Average 3,398,923

Calls: 2,207,982 (65%)

Puts: 1,190,941 (35%)

Current vs Prior 7-Day Avg -13.20%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/25) | Next (09/28)Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 0.78% | 1.21%0.78% | 2.16%3.17% | 5.30%

Prior 1.17% | 1.47%1.17% | 2.39%3.32% | 5.30%

Current vs Prior -33.18% | -17.76%-33.19% | -9.79%-4.71% | -0.01%

Prior 7-Day Avg 1.06% | 1.31%1.12% | 1.90%1.65% | 3.82%

Current vs 7-Day Avg -26.22% | -7.81%-29.90% | +13.45%+91.77% | +38.65%

Prior 7-Day Eod 1.17% | 1.47%1.18% | 2.43%3.39% | 5.45%

Current vs 7-Day Eod -33.18% | -17.76%-33.90% | -11.20%-6.48% | -2.78%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 9.79% | 4.17%

Calls: 13.33% | 4.17%

Puts: 6.25% | 4.17%

Prior 3.14% | 3.54%

Calls: 3.51% | 2.90%

Puts: 2.78% | 4.17%

Current vs Prior +211.78% | +17.80%

Prior 7-Day Avg 5.07% | 2.60%

Calls: 4.48% | 2.25%

Puts: 5.67% | 2.96%

Current vs 7-Day Avg +92.99% | +60.08%

Liquidity Acceptable

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🤖 AI Insights

Elevated premium activity with dollar volume up 89% vs prior. Above-average activity with volume up 78% vs prior. Extreme bullish P/C ratio of 0.45 - heavy call buying (404,177 calls vs 181,471 puts). P/C ratio dropping 23% - 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 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
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

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Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 351 of results (avg 3.0%, best 0.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Nov 6	2.26	2.28	$2.27	0.9%	230	0.61	367
$77.50	Oct 16	2.16	2.18	$2.17	0.9%	438	0.73	500
$78.00	Oct 23	1.98	2.00	$1.99	1.0%	295	0.64	55
$77.00	Nov 6	2.96	2.99	$2.98	1.0%	1	0.72	--
$78.50	Nov 6	1.94	1.96	$1.95	1.0%	52	0.55	23

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$95.00	Oct 2	15.95	16.10	$16.02	0.9%	--	0.99	10
$95.00	Oct 16	15.95	16.10	$16.02	0.9%	--	0.99	1.0K
$95.00	Sep 25	15.70	15.85	$15.77	1.0%	32	1.00	--
$94.00	Oct 16	14.95	15.10	$15.02	1.0%	--	0.99	284
$94.00	Sep 25	14.70	14.85	$14.77	1.0%	23	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 145 found (avg $0.38, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Sep 25	0.28	0.32	$0.30	13.3%	11.7K	0.75	2.5K
$80.00	Sep 28	0.08	0.09	$0.09	11.1%	7.2K	0.18	3.0K
$79.50	Sep 28	0.22	0.23	$0.23	4.3%	4.6K	0.38	2.1K
$81.00	Sep 30	0.07	0.08	$0.08	12.5%	11.7K	0.11	22.7K
$79.00	Sep 28	0.47	0.49	$0.48	4.2%	25.9K	0.61	345

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Sep 25	0.05	0.06	$0.06	16.7%	8.5K	0.25	18.6K
$79.50	Sep 25	0.31	0.33	$0.32	6.3%	3.6K	0.74	13.9K
$79.00	Sep 28	0.22	0.24	$0.23	8.7%	7.2K	0.39	3.8K
$79.50	Sep 28	0.47	0.49	$0.48	4.2%	1.5K	0.62	3.4K
$77.00	Sep 30	0.05	0.06	$0.06	16.7%	1.3K	0.08	2.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 250 found (avg delta 0.87, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 25	9.15	9.30	$9.23	1.6%	34	1.00	42
$71.00	Sep 25	8.15	8.30	$8.23	1.8%	28	1.00	20
$72.00	Sep 25	7.15	7.30	$7.23	2.1%	17	1.00	2
$73.00	Sep 25	6.15	6.30	$6.23	2.4%	10	1.00	7
$74.00	Sep 25	5.15	5.30	$5.23	2.9%	47	1.00	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$94.00	Sep 25	14.70	14.85	$14.77	1.0%	23	1.00	--
$95.00	Sep 25	15.70	15.85	$15.77	1.0%	32	1.00	--
$91.00	Sep 25	11.70	11.85	$11.77	1.3%	27	1.00	--
$92.00	Sep 25	12.70	12.85	$12.77	1.2%	27	1.00	--
$93.00	Sep 25	13.70	13.85	$13.77	1.1%	23	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 442 active (total vol 582.8K, top 49.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Oct 16	0.69	0.71	$0.70	2.9%	49.3K	0.37	16.4K
$82.50	Oct 16	0.13	0.14	$0.14	7.1%	31.8K	0.10	11.5K
$79.50	Sep 25	0.05	0.07	$0.06	33.3%	29.0K	0.26	4.0K
$79.00	Sep 28	0.47	0.49	$0.48	4.2%	25.9K	0.61	345
$81.00	Oct 16	0.37	0.38	$0.38	2.6%	24.6K	0.24	34.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Sep 30	0.41	0.43	$0.42	4.8%	14.2K	0.43	17.8K
$81.00	Sep 30	1.77	1.85	$1.81	4.4%	11.3K	0.89	17.0K
$78.00	Oct 9	0.52	0.54	$0.53	3.8%	11.0K	0.34	2.9K
$75.00	Oct 9	0.09	0.10	$0.10	10.0%	10.2K	0.07	1.7K
$79.00	Sep 25	0.05	0.06	$0.06	16.7%	8.5K	0.25	18.6K

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 47.0%, max 54.4%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$79.00	Sep 25	Nov 6	20.7%	13.4%	54.4%	11.8K	2.5K
$79.50	Sep 25	Nov 6	22.6%	16.2%	39.5%	29.2K	4.3K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$79.00	Sep 25	Nov 6	20.7%	13.4%	54.4%	9.5K	19.0K
$79.50	Sep 25	Nov 6	22.6%	16.2%	39.5%	4.1K	14.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 111 found (best R:R 1.63, avg 2.36)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$79.00	$79.50	Sep 25	$0.24	$0.26	$0.24	75%	1.08	$79.24
$79.00	$79.50	Sep 28	$0.25	$0.25	$0.25	61%	1.00	$79.25
$80.50	$81.00	Oct 9	$0.11	$0.39	$0.11	25%	3.55	$80.61
$80.00	$80.50	Oct 9	$0.15	$0.35	$0.15	33%	2.33	$80.15
$78.00	$78.50	Oct 16	$0.33	$0.17	$0.33	66%	0.52	$78.33

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$79.00	$78.00	Oct 30	$0.38	$0.62	$0.38	50%	1.63	$78.62
$80.00	$79.00	Oct 30	$0.51	$0.49	$0.51	60%	0.96	$79.49
$79.00	$78.50	Oct 23	$0.20	$0.30	$0.20	50%	1.50	$78.80
$79.50	$79.00	Nov 6	$0.24	$0.26	$0.24	56%	1.08	$79.26
$78.00	$77.50	Oct 23	$0.14	$0.36	$0.14	37%	2.57	$77.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 67 found (best R:R 0.04, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$80.00	$81.00	Oct 30	$0.38	$0.38	$0.62	60%	0.61	$80.38
$81.00	$82.00	Oct 30	$0.27	$0.27	$0.73	70%	0.37	$81.27
$80.00	$81.00	Sep 30	$0.18	$0.18	$0.82	71%	0.22	$80.18
$79.50	$80.00	Nov 6	$0.24	$0.24	$0.26	55%	0.92	$79.74
$80.00	$80.50	Oct 23	$0.20	$0.20	$0.30	62%	0.67	$80.20

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$75.00	$70.00	Oct 23	$0.20	$0.20	$4.80	87%	0.04	$74.80
$75.00	$70.00	Oct 30	$0.25	$0.25	$4.75	85%	0.05	$74.75
$74.50	$70.00	Nov 6	$0.28	$0.28	$4.22	84%	0.07	$74.22
$79.00	$78.00	Sep 30	$0.27	$0.27	$0.73	57%	0.37	$78.73
$79.00	$78.50	Sep 28	$0.13	$0.13	$0.37	61%	0.35	$78.87

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. 198 found (cheapest 0.45% of stock, avg 4.52%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$79.00	Sep 25	$0.30	$0.06	$0.36	$78.64	$79.36	0.45%
$79.50	Sep 25	$0.06	$0.32	$0.38	$79.12	$79.88	0.48%
$79.00	Sep 28	$0.48	$0.23	$0.71	$78.29	$79.71	0.90%
$79.50	Sep 28	$0.23	$0.48	$0.71	$78.79	$80.21	0.90%
$78.50	Sep 25	$0.76	$0.02	$0.78	$77.72	$79.28	0.98%
$80.00	Sep 25	$0.01	$0.78	$0.79	$79.21	$80.79	1.00%
$80.00	Sep 28	$0.09	$0.85	$0.94	$79.06	$80.94	1.19%
$78.50	Sep 28	$0.85	$0.10	$0.95	$77.55	$79.45	1.20%
$79.00	Sep 30	$0.69	$0.42	$1.11	$77.89	$80.11	1.40%
$80.00	Sep 30	$0.26	$0.99	$1.25	$78.75	$81.25	1.58%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 215 found (cheapest 0.09% of stock, avg 1.25%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$80.50	$77.50	Sep 28	$0.04	$0.03	$0.07	$77.43	$80.57
$80.50	$78.00	Sep 28	$0.04	$0.05	$0.09	$77.91	$80.59
$79.50	$78.50	Sep 25	$0.06	$0.02	$0.08	$78.42	$79.58
$79.50	$79.00	Sep 25	$0.06	$0.06	$0.12	$78.88	$79.62
$80.00	$77.50	Sep 28	$0.09	$0.03	$0.12	$77.38	$80.12
$81.00	$77.00	Sep 30	$0.08	$0.06	$0.14	$76.86	$81.14
$80.00	$78.00	Sep 28	$0.09	$0.05	$0.14	$77.86	$80.14
$80.50	$78.50	Sep 28	$0.04	$0.10	$0.14	$78.36	$80.64
$80.00	$78.50	Sep 28	$0.09	$0.10	$0.19	$78.31	$80.19
$81.50	$77.00	Oct 2	$0.06	$0.14	$0.20	$76.80	$81.70

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 35 found (best R:R 1.78, avg credit $0.30)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
76/77	80/81	Nov 6	$0.32	$0.18	33%	1.78	$76.68	$80.82
76/77	82/82	Nov 6	$0.27	$0.23	42%	1.17	$76.73	$81.77
76/77	81/82	Nov 6	$0.29	$0.21	38%	1.38	$76.71	$81.29
76/76	80/81	Nov 6	$0.29	$0.21	37%	1.38	$76.21	$80.79
76/77	80/81	Oct 23	$0.27	$0.23	41%	1.17	$76.73	$80.77
76/77	81/82	Oct 23	$0.24	$0.26	46%	0.92	$76.76	$81.24
76/76	82/82	Nov 6	$0.24	$0.26	46%	0.92	$76.26	$81.74
76/76	81/82	Nov 6	$0.26	$0.24	42%	1.08	$76.24	$81.26
77/78	80/81	Oct 23	$0.28	$0.22	36%	1.27	$77.22	$80.78
77/78	81/82	Oct 23	$0.25	$0.25	42%	1.00	$77.25	$81.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 71 found (best R:R 24.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$79.00	$79.50	$80.00	Sep 25	$0.19	$0.31	72%	1.63
$78.00	$79.00	$80.00	Sep 30	$0.30	$0.70	52%	2.33
$79.00	$80.00	$81.00	Sep 30	$0.25	$0.75	46%	3.00
$77.00	$78.00	$79.00	Sep 30	$0.17	$0.83	35%	4.88
$77.00	$78.00	$79.00	Oct 30	$0.09	$0.91	23%	10.11

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$65.00	$70.00	$75.00	Oct 30	$0.20	$4.80	14%	24.00
$65.00	$70.00	$75.00	Oct 23	$0.17	$4.83	12%	28.41
$79.00	$79.50	$80.00	Sep 25	$0.20	$0.30	71%	1.50
$78.00	$79.00	$80.00	Sep 30	$0.30	$0.70	52%	2.33
$79.00	$80.00	$81.00	Sep 30	$0.25	$0.75	46%	3.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 154 found (best net $-0.25, 133 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$77.00	$78.00	1:2	Sep 25	-$0.25	$0.75
$65.00	$70.00	1:2	Sep 30	-$4.27	$0.73
$65.00	$70.00	1:2	Oct 2	-$4.27	$0.73
$77.00	$78.00	1:2	Sep 30	-$0.52	$0.48
$78.50	$79.00	1:2	Sep 28	-$0.11	$0.39

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$86.00	$83.50	1:2	Sep 28	-$1.78	$0.72
$81.00	$80.00	1:2	Sep 30	-$0.17	$0.83
$80.00	$79.50	1:2	Sep 28	-$0.11	$0.39
$80.50	$80.00	1:2	Sep 25	-$0.30	$0.20
$82.00	$81.00	1:2	Sep 30	-$0.85	$0.15

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 65 found (best yield 1.74%, avg 0.45%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$79.50	Nov 6	$1.38	0.45	0.3%	1.74%	2.07%	281	266
$80.00	Nov 6	$1.14	0.40	1.0%	1.44%	2.40%	659	459
$80.50	Nov 6	$0.93	0.35	1.6%	1.17%	2.76%	34	38
$80.00	Oct 30	$1.04	0.40	1.0%	1.31%	2.27%	1.8K	3.2K
$81.00	Nov 6	$0.75	0.30	2.2%	0.95%	3.17%	546	42
$79.50	Oct 23	$1.09	0.45	0.3%	1.38%	1.70%	1.7K	1.6K
$81.00	Oct 30	$0.66	0.30	2.2%	0.83%	3.05%	1.4K	5.0K
$81.50	Nov 6	$0.60	0.26	2.9%	0.76%	3.61%	211	432
$80.00	Oct 23	$0.86	0.38	1.0%	1.09%	2.04%	739	2.7K
$82.00	Nov 6	$0.47	0.22	3.5%	0.59%	4.08%	472	286

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 404,177

Total Puts 181,471

Put/Call Ratio 0.45

Net Difference 222,706

Prior's Put/Call Breakdown

Total Calls 207,204

Total Puts 121,599

Put/Call Ratio 0.59

Net Difference 85,605

Prior 7-Day Put/Call Summary

Total Calls 2,611,698

Total Puts 1,279,588

Average Put/Call Ratio 0.49

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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