TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$77.77 -0.59%

(9/30 11:01) ◀

Wednesday, September 30, 2026 (12:00pm)

▶ (9/30 13:01)

◀ 9/30 12:00 ▶

Option Volume

Detail

ℹ

Current (09/30 12:00pm) 323,396

Calls: 222,935 (69%)

Puts: 100,461 (31%)

Prior (09/29) 461,707

Calls: 348,130 (75%)

Puts: 113,577 (25%)

Current vs Prior -29.96%

Calls: -35.96% (Calls)

Puts: -11.55% (Puts)

Prior 7-Day Total 4,544,427

Calls: 3,019,036 (66%)

Puts: 1,525,391 (34%)

Prior 7-Day Average 649,203

Calls: 431,290 (66%)

Puts: 217,913 (34%)

Current vs Prior 7-Day Avg -50.19%

Calls: -48.31%

Puts: -53.90%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/30 12:00pm) $15.53M

Calls: $8.17M (53%)

Puts: $7.37M (47%)

Prior (09/29) $21.45M

Calls: $12.00M (56%)

Puts: $9.45M (44%)

Current vs Prior -27.57%

Calls: -31.92%

Puts: -22.04%

Prior 7-Day Total $252.04M

Calls: $128.62M (51%)

Puts: $123.43M (49%)

Prior 7-Day Average $36.01M

Calls: $18.37M (51%)

Puts: $17.63M (49%)

Current vs Prior 7-Day Avg -56.86%

Calls: -55.55%

Puts: -58.22%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/30 12:00pm) 0.45

Prior (09/29) 0.33

Current vs Prior +38.12%

Prior 7-Day Average 0.49

Current vs Prior 7-Day Avg -7.72%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/30 12:00pm) 3,488,324

Calls: 2,503,992 (72%)

Puts: 984,332 (28%)

Prior (09/29) 3,067,815

Calls: 2,168,412 (71%)

Puts: 899,403 (29%)

Current vs Prior +13.71%

Prior 7-Day Total 20,126,510

Calls: 13,566,377 (67%)

Puts: 6,560,133 (33%)

Prior 7-Day Average 2,875,215

Calls: 1,938,053 (67%)

Puts: 937,161 (33%)

Current vs Prior 7-Day Avg +21.32%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/30) | Next (10/02)Expiry (10/02) | Next (10/09)Expiry (10/16) | Next (11/20)

Current 1.45% | 1.76%1.76% | 2.60%3.27% | 5.64%

Prior 1.82% | 1.97%1.97% | 2.67%3.31% | 5.62%

Current vs Prior -19.95% | -10.51%-10.52% | -2.78%-1.35% | +0.36%

Prior 7-Day Avg 1.17% | 1.63%1.38% | 2.25%2.68% | 4.72%

Current vs 7-Day Avg +24.45% | +8.13%+28.03% | +15.58%+21.72% | +19.51%

Prior 7-Day Eod 1.82% | 1.97%1.96% | 2.66%3.30% | 5.62%

Current vs 7-Day Eod -19.95% | -10.51%-9.93% | -2.31%-0.97% | +0.36%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 6.76% | 5.56%

Calls: 5.19% | 7.55%

Puts: 8.33% | 3.57%

Prior 4.71% | 4.58%

Calls: 3.85% | 4.76%

Puts: 5.56% | 4.40%

Current vs Prior +43.52% | +21.40%

Prior 7-Day Avg 4.49% | 2.67%

Calls: 4.67% | 2.17%

Puts: 4.31% | 3.17%

Current vs 7-Day Avg +50.56% | +108.13%

Liquidity Pricy

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🤖 AI Insights

Extreme bullish P/C ratio of 0.45 - heavy call buying (222,935 calls vs 100,461 puts). P/C ratio rising 38% - increased hedging/bearish positioning. Call-heavy open interest (2,503,992 calls vs 984,332 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 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 BEARISH

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

💰

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 3.7%, best 1.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$76.00	Oct 30	2.53	2.56	$2.55	1.2%	290	0.68	112
$65.00	Sep 30	12.65	12.80	$12.73	1.2%	--	1.00	73
$76.00	Oct 23	2.33	2.36	$2.34	1.3%	4	0.70	122
$78.50	Oct 16	0.74	0.75	$0.75	1.3%	2.5K	0.38	7.5K
$78.00	Oct 30	1.34	1.36	$1.35	1.5%	1.9K	0.46	1.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$93.00	Oct 16	15.50	15.65	$15.58	1.0%	--	0.99	399
$92.00	Oct 9	14.50	14.65	$14.58	1.0%	--	0.99	44
$92.00	Oct 16	14.50	14.65	$14.58	1.0%	--	0.99	481
$91.00	Oct 16	13.50	13.65	$13.58	1.1%	1	0.99	398
$77.00	Oct 16	0.86	0.87	$0.87	1.1%	2.3K	0.42	30.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 156 found (avg $0.37, cheapest $0.12)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 30	0.11	0.12	$0.12	8.3%	21.0K	0.33	42.0K
$79.50	Oct 2	0.05	0.06	$0.06	16.7%	10.4K	0.08	39.7K
$79.00	Oct 2	0.09	0.10	$0.10	10.0%	7.7K	0.14	46.2K
$78.50	Oct 2	0.17	0.18	$0.18	5.6%	12.2K	0.23	13.7K
$79.50	Oct 5	0.08	0.09	$0.09	11.1%	281	0.11	913

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 30	0.34	0.37	$0.36	8.3%	10.0K	0.67	11.1K
$76.50	Oct 2	0.18	0.19	$0.19	5.3%	7.7K	0.23	1.7K
$75.00	Oct 5	0.05	0.06	$0.06	16.7%	112	0.07	3.9K
$75.50	Oct 5	0.09	0.10	$0.10	10.0%	263	0.12	1.6K
$76.00	Oct 5	0.15	0.16	$0.16	6.3%	551	0.18	1.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 231 found (avg delta 0.85, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$65.00	Sep 30	12.65	12.80	$12.73	1.2%	--	1.00	73
$70.00	Sep 30	7.65	7.80	$7.73	1.9%	20	1.00	185
$74.00	Sep 30	3.65	3.80	$3.72	4.0%	10	1.00	31
$75.00	Sep 30	2.65	2.80	$2.72	5.5%	983	1.00	982
$76.00	Sep 30	1.65	1.83	$1.74	10.3%	3.4K	1.00	1.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$89.00	Sep 30	11.20	11.35	$11.27	1.3%	--	1.00	113
$83.00	Sep 30	5.20	5.35	$5.28	2.8%	11	0.99	214
$84.00	Sep 30	6.20	6.35	$6.28	2.4%	8	0.99	18
$92.00	Oct 9	14.50	14.65	$14.58	1.0%	--	0.99	44
$87.00	Oct 2	9.50	9.70	$9.60	2.1%	--	0.99	622

Most actively traded options today. High liquidity = easy entry/exit. 411 active (total vol 323.3K, top 21.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 30	0.11	0.12	$0.12	8.3%	21.0K	0.33	42.0K
$78.00	Oct 2	0.32	0.33	$0.33	3.0%	18.6K	0.37	10.2K
$83.00	Oct 16	0.07	0.08	$0.08	12.5%	16.7K	0.05	206.1K
$79.00	Sep 30	0.01	0.02	$0.02	50.0%	14.6K	0.05	65.7K
$78.50	Oct 2	0.17	0.18	$0.18	5.6%	12.2K	0.23	13.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 30	0.34	0.37	$0.36	8.3%	10.0K	0.67	11.1K
$76.50	Oct 2	0.18	0.19	$0.19	5.3%	7.7K	0.23	1.7K
$70.00	Oct 16	0.02	0.03	$0.03	33.3%	5.7K	0.02	15.0K
$77.00	Oct 2	0.32	0.33	$0.33	3.0%	5.4K	0.36	8.8K
$77.00	Oct 30	1.16	1.18	$1.17	1.7%	5.2K	0.44	3.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 44.2%, max 71.2%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$78.00	Sep 30	Nov 6	31.4%	18.4%	71.2%	21.7K	42.6K
$77.50	Oct 2	Nov 6	21.7%	15.5%	39.6%	4.0K	5.1K
$78.50	Oct 2	Nov 6	22.3%	18.0%	23.7%	12.4K	15.3K

PUTS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$78.00	Sep 30	Nov 6	31.4%	18.4%	71.2%	10.1K	27.6K
$76.50	Oct 2	Nov 6	22.6%	16.1%	40.7%	8.1K	2.6K
$77.50	Oct 2	Nov 6	21.7%	15.5%	39.6%	4.9K	5.6K
$78.50	Oct 2	Nov 6	22.3%	18.0%	23.7%	908	8.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 125 found (best R:R 1.00, avg 1.89)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$77.00	$78.00	Sep 30	$0.65	$0.35	$0.65	90%	0.54	$77.65
$77.50	$78.00	Oct 2	$0.20	$0.30	$0.20	54%	1.50	$77.70
$76.50	$77.00	Oct 9	$0.33	$0.17	$0.33	72%	0.52	$76.83
$76.00	$76.50	Oct 23	$0.33	$0.17	$0.33	70%	0.52	$76.33
$77.00	$77.50	Oct 5	$0.30	$0.20	$0.30	68%	0.67	$77.30

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$84.00	$83.50	Nov 6	$0.25	$0.25	$0.25	93%	1.00	$83.75
$81.50	$81.00	Nov 6	$0.32	$0.18	$0.32	83%	0.56	$81.18
$77.50	$77.00	Nov 6	$0.22	$0.28	$0.22	52%	1.27	$77.28
$78.00	$77.50	Oct 23	$0.24	$0.26	$0.24	55%	1.08	$77.76
$79.00	$78.00	Oct 30	$0.58	$0.42	$0.58	64%	0.72	$78.42

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 72 found (best R:R 0.10, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$78.00	$79.00	Oct 30	$0.44	$0.44	$0.56	54%	0.79	$78.44
$79.00	$80.00	Oct 30	$0.32	$0.32	$0.68	64%	0.47	$79.32
$78.00	$78.50	Nov 6	$0.24	$0.24	$0.26	55%	0.92	$78.24
$78.50	$79.00	Nov 6	$0.21	$0.21	$0.29	60%	0.72	$78.71
$80.00	$81.00	Oct 30	$0.22	$0.22	$0.78	74%	0.28	$80.22

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$75.00	$70.00	Oct 30	$0.47	$0.47	$4.53	76%	0.10	$74.53
$74.50	$70.00	Nov 6	$0.52	$0.52	$3.98	75%	0.13	$73.98
$76.00	$75.00	Oct 9	$0.17	$0.17	$0.83	76%	0.20	$75.83
$75.00	$74.00	Oct 14	$0.12	$0.12	$0.88	83%	0.14	$74.88
$77.50	$77.00	Oct 2	$0.22	$0.22	$0.28	50%	0.79	$77.28

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.22, cheapest $0.21)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$78.00	Sep 30	Oct 2	$0.21	31.4%	22.5%
$77.50	Oct 2	Oct 5	$0.10	21.7%	17.0%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$78.00	Sep 30	Oct 2	$0.48	31.4%	22.5%
$77.50	Oct 2	Oct 5	$0.08	21.7%	17.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 186 found (cheapest 0.62% of stock, avg 4.86%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$78.00	Sep 30	$0.12	$0.36	$0.48	$77.52	$78.48	0.62%
$77.00	Sep 30	$0.77	$0.03	$0.80	$76.20	$77.80	1.03%
$77.50	Oct 2	$0.53	$0.55	$1.08	$76.42	$78.58	1.39%
$78.00	Oct 2	$0.33	$0.84	$1.17	$76.83	$79.17	1.50%
$77.00	Oct 2	$0.86	$0.33	$1.19	$75.81	$78.19	1.53%
$77.50	Oct 5	$0.63	$0.63	$1.26	$76.24	$78.76	1.62%
$79.00	Sep 30	$0.02	$1.27	$1.29	$77.71	$80.29	1.66%
$78.00	Oct 5	$0.41	$0.92	$1.33	$76.67	$79.33	1.71%
$77.00	Oct 5	$0.93	$0.42	$1.35	$75.65	$78.35	1.74%
$78.50	Oct 2	$0.18	$1.21	$1.39	$77.11	$79.89	1.79%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 236 found (cheapest 0.12% of stock, avg 1.35%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$80.00	$75.50	Oct 2	$0.04	$0.05	$0.09	$75.41	$80.09
$79.50	$75.50	Oct 2	$0.06	$0.05	$0.11	$75.39	$79.61
$80.00	$75.00	Oct 5	$0.06	$0.06	$0.12	$74.88	$80.12
$80.00	$76.00	Oct 2	$0.04	$0.10	$0.14	$75.86	$80.14
$79.50	$75.00	Oct 5	$0.09	$0.06	$0.15	$74.85	$79.65
$79.00	$75.50	Oct 2	$0.10	$0.05	$0.15	$75.35	$79.15
$80.00	$75.50	Oct 5	$0.06	$0.10	$0.16	$75.34	$80.16
$79.50	$76.00	Oct 2	$0.06	$0.10	$0.16	$75.84	$79.66
$79.50	$75.50	Oct 5	$0.09	$0.10	$0.19	$75.31	$79.69
$78.00	$77.00	Sep 30	$0.12	$0.03	$0.15	$76.85	$78.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 32 found (best R:R 1.27, avg credit $0.34)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
74/75	80/80	Nov 6	$0.28	$0.22	40%	1.27	$74.72	$79.78
75/76	80/80	Nov 6	$0.30	$0.20	36%	1.50	$75.20	$79.80
74/75	80/80	Nov 6	$0.25	$0.25	44%	1.00	$74.75	$80.25
75/76	80/80	Nov 6	$0.27	$0.23	40%	1.17	$75.23	$80.27
74/75	80/81	Nov 6	$0.23	$0.27	48%	0.85	$74.77	$80.73
75/76	80/81	Nov 6	$0.25	$0.25	44%	1.00	$75.25	$80.75
76/76	80/80	Oct 16	$0.24	$0.26	45%	0.92	$75.76	$79.74
76/76	79/80	Oct 14	$0.25	$0.25	43%	1.00	$75.75	$79.25
76/76	79/80	Oct 14	$0.28	$0.22	36%	1.27	$76.22	$79.28
76/76	79/80	Oct 16	$0.26	$0.24	40%	1.08	$75.74	$79.26

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 77 found (best R:R 2.13, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$76.00	$77.00	$78.00	Sep 30	$0.32	$0.68	67%	2.13
$77.00	$78.00	$79.00	Sep 30	$0.55	$0.45	86%	0.82
$78.00	$79.00	$80.00	Sep 30	$0.09	$0.91	31%	10.11
$74.00	$75.00	$76.00	Oct 23	$0.07	$0.93	19%	13.29
$76.50	$77.00	$77.50	Oct 2	$0.08	$0.42	37%	5.25

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$76.00	$77.00	$78.00	Sep 30	$0.31	$0.69	66%	2.23
$77.00	$78.00	$79.00	Sep 30	$0.58	$0.42	86%	0.72
$74.00	$75.00	$76.00	Oct 23	$0.07	$0.93	17%	13.29
$76.50	$77.00	$77.50	Oct 5	$0.05	$0.45	24%	9.00
$75.00	$76.00	$77.00	Oct 30	$0.09	$0.91	19%	10.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 160 found (best net $-1.29, 147 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$65.00	$70.00	1:2	Oct 2	-$2.70	$2.30
$65.00	$70.00	1:2	Sep 30	-$2.73	$2.27
$74.00	$76.00	1:2	Oct 14	-$0.33	$1.67
$70.00	$73.00	1:2	Oct 16	-$1.77	$1.23
$73.00	$75.00	1:2	Oct 2	-$0.78	$1.22

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$89.00	$84.00	1:2	Sep 30	-$1.29	$3.71
$87.00	$83.00	1:2	Oct 7	-$1.55	$2.45
$80.00	$79.00	1:2	Sep 30	-$0.32	$0.68
$77.50	$77.00	1:2	Oct 2	-$0.11	$0.39
$75.00	$74.00	1:2	Oct 9	$0.00	$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 85 found (best yield 1.86%, avg 0.46%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$78.00	Nov 6	$1.45	0.45	0.3%	1.86%	2.16%	715	658
$78.50	Nov 6	$1.22	0.40	0.9%	1.57%	2.51%	167	1.6K
$79.00	Nov 6	$1.01	0.36	1.6%	1.30%	2.88%	85	1.1K
$78.00	Oct 30	$1.34	0.46	0.3%	1.72%	2.02%	1.9K	1.6K
$79.50	Nov 6	$0.83	0.31	2.2%	1.07%	3.29%	91	2.5K
$79.00	Oct 30	$0.90	0.36	1.6%	1.16%	2.74%	1.2K	4.4K
$80.00	Nov 6	$0.67	0.27	2.9%	0.86%	3.73%	524	3.8K
$78.00	Oct 23	$1.13	0.45	0.3%	1.45%	1.75%	1.4K	3.5K
$78.50	Oct 23	$0.91	0.39	0.9%	1.17%	2.11%	1.7K	3.8K
$80.50	Nov 6	$0.54	0.23	3.5%	0.69%	4.20%	102	855

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 222,935

Total Puts 100,461

Put/Call Ratio 0.45

Net Difference 122,474

Prior's Put/Call Breakdown

Total Calls 348,130

Total Puts 113,577

Put/Call Ratio 0.33

Net Difference 234,553

Prior 7-Day Put/Call Summary

Total Calls 3,019,036

Total Puts 1,525,391

Average Put/Call Ratio 0.49

Ratio Trend Rising

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

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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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