TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$79.33 -0.11%

(9/25 15:23) ◀

Friday, September 25, 2026 (4:00pm)

▶ (9/25 19:01)

◀ 9/25 16:00 ▶

Option Volume

Detail

ℹ

Current (09/25 4:00pm) 965,065

Calls: 664,388 (69%)

Puts: 300,677 (31%)

Prior (09/24) 688,279

Calls: 440,548 (64%)

Puts: 247,731 (36%)

Current vs Prior +40.21%

Calls: +50.81% (Calls)

Puts: +21.37% (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 +73.60%

Calls: +78.07%

Puts: +64.49%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/25 4:00pm) $48.30M

Calls: $30.81M (64%)

Puts: $17.49M (36%)

Prior (09/24) $45.77M

Calls: $20.54M (45%)

Puts: $25.23M (55%)

Current vs Prior +5.52%

Calls: +50.01%

Puts: -30.70%

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 +41.91%

Calls: +70.87%

Puts: +9.28%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/25 4:00pm) 0.45

Prior (09/24) 0.56

Current vs Prior -19.52%

Prior 7-Day Average 0.49

Current vs Prior 7-Day Avg -7.52%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/25 4:00pm) 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 0.64% | 1.18%0.64% | 2.09%3.03% | 5.17%

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

Current vs Prior +1.19% | +37.76%-45.10% | -12.53%-8.99% | -2.50%

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

Current vs 7-Day Avg +11.74% | +54.43%-42.40% | +10.01%+83.15% | +35.19%

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

Current vs 7-Day Eod +1.19% | +37.76%-45.68% | -13.89%-10.68% | -5.20%

Sentiment BEARISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 2.17% | 1.82%

Calls: 1.89% | 1.39%

Puts: 2.44% | 2.25%

Prior 3.14% | 3.54%

Calls: 3.51% | 2.90%

Puts: 2.78% | 4.17%

Current vs Prior -30.89% | -48.59%

Prior 7-Day Avg 5.07% | 2.60%

Calls: 4.48% | 2.25%

Puts: 5.67% | 2.96%

Current vs 7-Day Avg -57.22% | -30.13%

Liquidity Good

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🤖 AI Insights

Moderately bullish flow with 64% call dollar volume ($30.81M). Extreme bullish P/C ratio of 0.45 - heavy call buying (664,388 calls vs 300,677 puts). Call-heavy open interest (1,983,260 calls vs 966,956 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 BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
16:00	BULLISH	BULLISH	BULLISH
15:00	BULLISH	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 348 of results (avg 3.0%, best 0.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Nov 6	2.25	2.27	$2.26	0.9%	243	0.63	367
$78.00	Oct 30	2.17	2.19	$2.18	0.9%	939	0.65	401
$78.00	Oct 23	1.98	2.00	$1.99	1.0%	963	0.67	55
$77.00	Nov 6	2.96	2.99	$2.98	1.0%	8	0.74	--
$65.00	Sep 30	14.30	14.45	$14.38	1.0%	--	1.00	73

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$95.00	Oct 2	15.85	16.00	$15.93	0.9%	--	0.99	10
$95.00	Sep 25	15.60	15.75	$15.68	1.0%	36	1.00	--
$94.00	Sep 25	14.60	14.75	$14.68	1.0%	25	1.00	--
$80.50	Oct 23	1.92	1.94	$1.93	1.0%	75	0.67	1.4K
$93.00	Oct 16	13.85	14.00	$13.93	1.1%	--	0.99	403

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 147 found (avg $0.37, cheapest $0.08)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 28	0.09	0.10	$0.10	10.0%	16.3K	0.21	3.0K
$79.50	Sep 28	0.24	0.25	$0.25	4.0%	9.8K	0.41	2.1K
$81.00	Sep 30	0.06	0.07	$0.07	14.3%	15.4K	0.10	22.7K
$81.50	Oct 2	0.05	0.06	$0.06	16.7%	1.3K	0.07	5.7K
$79.00	Sep 28	0.52	0.53	$0.53	1.9%	51.4K	0.66	345

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.50	Sep 28	0.07	0.08	$0.08	12.5%	3.6K	0.17	1.9K
$79.00	Sep 28	0.17	0.19	$0.18	11.1%	14.6K	0.34	3.8K
$80.00	Sep 25	0.64	0.71	$0.68	10.3%	6.2K	1.00	15.8K
$79.50	Sep 28	0.40	0.41	$0.41	2.4%	2.1K	0.59	3.4K
$78.00	Sep 30	0.10	0.11	$0.11	9.1%	6.2K	0.15	4.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 255 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$76.00	Sep 28	3.25	3.40	$3.33	4.5%	23	1.00	108
$76.50	Sep 28	2.79	2.91	$2.85	4.2%	9.1K	1.00	--
$65.00	Sep 30	14.30	14.45	$14.38	1.0%	--	1.00	73
$70.00	Sep 30	9.30	9.45	$9.38	1.6%	2	1.00	185
$74.00	Sep 30	5.30	5.45	$5.38	2.8%	3	1.00	8

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.50	Sep 25	0.14	0.20	$0.17	35.3%	10.8K	1.00	13.9K
$80.00	Sep 25	0.64	0.71	$0.68	10.3%	6.2K	1.00	15.8K
$80.50	Sep 25	1.11	1.21	$1.16	8.6%	2.6K	1.00	6.4K
$81.00	Sep 25	1.61	1.71	$1.66	6.0%	2.5K	1.00	29.1K
$81.50	Sep 25	2.11	2.21	$2.16	4.6%	32	1.00	1.1K

Most actively traded options today. High liquidity = easy entry/exit. 478 active (total vol 962.0K, top 56.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Oct 16	0.68	0.69	$0.69	1.4%	56.4K	0.37	16.4K
$79.00	Sep 28	0.52	0.53	$0.53	1.9%	51.4K	0.66	345
$79.50	Sep 25	0.00	0.01	$0.01	100.0%	47.5K	0.09	4.0K
$81.00	Oct 16	0.36	0.37	$0.37	2.7%	34.3K	0.24	34.8K
$82.50	Oct 16	0.12	0.13	$0.13	7.7%	32.1K	0.10	11.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Sep 25	0.00	0.01	$0.01	100.0%	25.7K	0.06	18.6K
$79.00	Sep 30	0.35	0.36	$0.36	2.8%	18.9K	0.40	17.8K
$79.00	Sep 28	0.17	0.19	$0.18	11.1%	14.6K	0.34	3.8K
$81.00	Sep 30	1.67	1.74	$1.71	4.1%	12.1K	0.90	17.0K
$78.00	Oct 9	0.44	0.46	$0.45	4.4%	11.5K	0.31	2.9K

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. 105 found (best R:R 1.63, avg 2.46)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$79.00	$79.50	Sep 25	$0.33	$0.17	$0.33	95%	0.52	$79.33
$79.00	$79.50	Sep 28	$0.28	$0.22	$0.28	66%	0.79	$79.28
$82.00	$83.00	Oct 30	$0.15	$0.85	$0.15	20%	5.67	$82.15
$78.50	$79.00	Oct 2	$0.33	$0.17	$0.33	69%	0.52	$78.83
$80.00	$80.50	Oct 7	$0.14	$0.36	$0.14	32%	2.57	$80.14

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	49%	1.63	$78.62
$80.00	$79.00	Oct 30	$0.51	$0.49	$0.51	59%	0.96	$79.49
$81.00	$80.00	Oct 30	$0.63	$0.37	$0.63	70%	0.59	$80.37
$78.00	$77.00	Oct 30	$0.27	$0.73	$0.27	37%	2.70	$77.73
$79.00	$78.50	Oct 23	$0.20	$0.30	$0.20	49%	1.50	$78.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 62 found (best R:R 0.04, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$80.00	$81.00	Sep 30	$0.19	$0.19	$0.81	69%	0.23	$80.19
$80.00	$81.00	Oct 30	$0.38	$0.38	$0.62	59%	0.61	$80.38
$81.00	$82.00	Oct 30	$0.27	$0.27	$0.73	70%	0.37	$81.27
$79.50	$80.00	Oct 7	$0.21	$0.21	$0.29	58%	0.72	$79.71
$79.50	$80.00	Oct 2	$0.20	$0.20	$0.30	58%	0.67	$79.70

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$75.00	$70.00	Oct 23	$0.17	$0.17	$4.83	88%	0.04	$74.83
$75.00	$70.00	Oct 30	$0.21	$0.21	$4.79	87%	0.04	$74.79
$79.00	$78.00	Sep 30	$0.25	$0.25	$0.75	60%	0.33	$78.75
$74.50	$70.00	Nov 6	$0.23	$0.23	$4.27	86%	0.05	$74.27
$78.00	$77.50	Oct 2	$0.10	$0.10	$0.40	75%	0.25	$77.90

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. 206 found (cheapest 0.23% of stock, avg 4.51%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$79.50	Sep 25	$0.01	$0.17	$0.18	$79.32	$79.68	0.23%
$79.00	Sep 25	$0.34	$0.01	$0.35	$78.65	$79.35	0.44%
$79.50	Sep 28	$0.25	$0.41	$0.66	$78.84	$80.16	0.83%
$80.00	Sep 25	$0.01	$0.68	$0.69	$79.31	$80.69	0.87%
$79.00	Sep 28	$0.53	$0.18	$0.71	$78.29	$79.71	0.89%
$78.50	Sep 25	$0.84	$0.01	$0.85	$77.65	$79.35	1.07%
$80.00	Sep 28	$0.10	$0.76	$0.86	$79.14	$80.86	1.08%
$78.50	Sep 28	$0.93	$0.08	$1.01	$77.49	$79.51	1.27%
$79.00	Sep 30	$0.72	$0.36	$1.08	$77.92	$80.08	1.36%
$80.00	Sep 30	$0.26	$0.89	$1.15	$78.85	$81.15	1.45%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 216 found (cheapest 0.03% of stock, avg 1.26%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$79.50	$79.00	Sep 25	$0.01	$0.01	$0.02	$78.98	$79.52
$80.50	$78.00	Sep 28	$0.04	$0.04	$0.08	$77.92	$80.58
$81.00	$77.00	Sep 30	$0.07	$0.04	$0.11	$76.89	$81.11
$80.50	$78.50	Sep 28	$0.04	$0.08	$0.12	$78.38	$80.62
$80.00	$78.00	Sep 28	$0.10	$0.04	$0.14	$77.86	$80.14
$81.50	$77.00	Oct 2	$0.06	$0.11	$0.17	$76.83	$81.67
$80.00	$78.50	Sep 28	$0.10	$0.08	$0.18	$78.32	$80.18
$81.00	$78.00	Sep 30	$0.07	$0.11	$0.18	$77.82	$81.18
$81.00	$77.00	Oct 2	$0.10	$0.11	$0.21	$76.79	$81.21
$81.50	$77.00	Oct 5	$0.08	$0.14	$0.22	$76.78	$81.72

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 26 found (best R:R 0.92, avg credit $0.30)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
76/76	82/82	Nov 6	$0.24	$0.26	48%	0.92	$76.26	$81.74
76/76	81/82	Nov 6	$0.26	$0.24	43%	1.08	$76.24	$81.26
76/77	82/82	Nov 6	$0.25	$0.25	43%	1.00	$76.75	$81.75
76/77	81/82	Nov 6	$0.27	$0.23	39%	1.17	$76.73	$81.27
78/78	81/82	Oct 16	$0.25	$0.25	42%	1.00	$77.75	$81.25
78/78	80/81	Oct 16	$0.28	$0.22	36%	1.27	$77.72	$80.78
77/78	80/81	Oct 23	$0.27	$0.23	37%	1.17	$77.23	$80.77
77/78	81/82	Oct 23	$0.24	$0.26	43%	0.92	$77.26	$81.24
78/78	80/80	Oct 2	$0.23	$0.27	45%	0.85	$77.77	$80.23
78/78	80/81	Oct 7	$0.22	$0.28	47%	0.79	$77.78	$80.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 72 found (best R:R 2.12, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$78.50	$79.00	$79.50	Sep 25	$0.17	$0.33	88%	1.94
$78.00	$79.00	$80.00	Sep 30	$0.29	$0.71	54%	2.45
$79.00	$79.50	$80.00	Sep 25	$0.33	$0.17	91%	0.52
$79.00	$80.00	$81.00	Sep 30	$0.27	$0.73	50%	2.70
$77.00	$78.00	$79.00	Oct 30	$0.09	$0.91	24%	10.11

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$78.50	$79.00	$79.50	Sep 25	$0.16	$0.34	97%	2.12
$65.00	$70.00	$75.00	Oct 30	$0.17	$4.83	13%	28.41
$65.00	$70.00	$75.00	Oct 23	$0.14	$4.86	11%	34.71
$78.00	$79.00	$80.00	Sep 30	$0.28	$0.72	54%	2.57
$79.00	$79.50	$80.00	Sep 25	$0.35	$0.15	94%	0.43

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 152 found (best net $-1.38, 134 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$74.00	1:2	Sep 30	-$1.38	$2.62
$65.00	$70.00	1:2	Sep 30	-$4.38	$0.62
$65.00	$70.00	1:2	Oct 2	-$4.41	$0.59
$75.50	$77.00	1:2	Oct 7	-$0.96	$0.54
$77.00	$78.00	1:2	Sep 30	-$0.54	$0.46

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$91.00	$86.00	1:2	Nov 6	-$2.31	$2.69
$86.00	$83.00	1:2	Nov 6	-$1.52	$1.48
$86.00	$83.50	1:2	Sep 28	-$1.68	$0.82
$81.00	$80.00	1:2	Sep 30	-$0.07	$0.93
$80.50	$80.00	1:2	Sep 25	-$0.20	$0.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 65 found (best yield 1.71%, avg 0.44%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$79.50	Nov 6	$1.36	0.45	0.2%	1.71%	1.93%	428	266
$80.00	Nov 6	$1.13	0.40	0.8%	1.42%	2.27%	690	459
$80.50	Nov 6	$0.92	0.35	1.5%	1.16%	2.63%	55	38
$80.00	Oct 30	$1.03	0.41	0.8%	1.30%	2.14%	8.6K	3.2K
$81.00	Nov 6	$0.74	0.30	2.1%	0.93%	3.04%	620	42
$81.00	Oct 30	$0.65	0.30	2.1%	0.82%	2.92%	2.1K	5.0K
$81.50	Nov 6	$0.59	0.26	2.7%	0.74%	3.48%	261	432
$79.50	Oct 23	$1.07	0.45	0.2%	1.35%	1.56%	2.4K	1.6K
$80.00	Oct 23	$0.84	0.39	0.8%	1.06%	1.90%	1.2K	2.7K
$82.00	Nov 6	$0.46	0.22	3.4%	0.58%	3.95%	497	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 664,388

Total Puts 300,677

Put/Call Ratio 0.45

Net Difference 363,711

Prior's Put/Call Breakdown

Total Calls 440,548

Total Puts 247,731

Put/Call Ratio 0.56

Net Difference 192,817

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

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