TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$77.60 -0.81%

(9/30 13:01) ◀

Wednesday, September 30, 2026 (2:00pm)

▶ (9/30 15:01)

◀ 9/30 14:00 ▶

Option Volume

Detail

ℹ

Current (09/30 2:00pm) 437,167

Calls: 311,123 (71%)

Puts: 126,044 (29%)

Prior (09/29) 686,592

Calls: 490,563 (71%)

Puts: 196,029 (29%)

Current vs Prior -36.33%

Calls: -36.58% (Calls)

Puts: -35.70% (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 -32.66%

Calls: -27.86%

Puts: -42.16%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/30 2:00pm) $21.64M

Calls: $11.27M (52%)

Puts: $10.37M (48%)

Prior (09/29) $32.56M

Calls: $18.89M (58%)

Puts: $13.67M (42%)

Current vs Prior -33.53%

Calls: -40.31%

Puts: -24.16%

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 -39.89%

Calls: -38.64%

Puts: -41.19%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/30 2:00pm) 0.41

Prior (09/29) 0.40

Current vs Prior +1.38%

Prior 7-Day Average 0.49

Current vs Prior 7-Day Avg -17.04%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/30 2:00pm) 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 1.43% | 1.79%1.79% | 2.62%3.30% | 5.76%

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

Current vs Prior -21.20% | -9.01%-9.01% | -2.08%-0.36% | +2.42%

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

Current vs 7-Day Avg +22.52% | +9.95%+30.18% | +16.41%+22.95% | +21.95%

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

Current vs 7-Day Eod -21.20% | -9.01%-8.42% | -1.61%+0.03% | +2.42%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 7.09% | 4.35%

Calls: 7.81% | 4.44%

Puts: 6.38% | 4.26%

Prior 4.71% | 4.58%

Calls: 3.85% | 4.76%

Puts: 5.56% | 4.40%

Current vs Prior +50.53% | -5.02%

Prior 7-Day Avg 4.49% | 2.67%

Calls: 4.67% | 2.17%

Puts: 4.31% | 3.17%

Current vs 7-Day Avg +57.91% | +62.83%

Liquidity Acceptable

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🤖 AI Insights

Extreme bullish P/C ratio of 0.41 - heavy call buying (311,123 calls vs 126,044 puts). 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
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 360 of results (avg 3.6%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Oct 16	1.39	1.40	$1.40	0.7%	1.3K	0.56	2.5K
$78.00	Oct 30	1.31	1.32	$1.32	0.8%	3.9K	0.45	1.6K
$78.50	Nov 6	1.21	1.22	$1.21	0.8%	292	0.39	1.6K
$76.00	Oct 30	2.46	2.49	$2.48	1.2%	292	0.66	112
$77.50	Oct 9	0.81	0.82	$0.82	1.2%	1.3K	0.48	972

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Oct 30	1.26	1.27	$1.27	0.8%	5.3K	0.45	3.7K
$93.00	Oct 16	15.60	15.75	$15.68	1.0%	--	0.99	399
$88.00	Sep 30	10.35	10.45	$10.40	1.0%	22	1.00	--
$90.00	Oct 16	12.60	12.75	$12.68	1.2%	17	0.99	1.8K
$77.00	Nov 6	1.55	1.57	$1.56	1.3%	201	0.48	1.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 165 found (avg $0.35, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 30	0.06	0.07	$0.07	14.3%	43.4K	0.22	42.0K
$77.00	Sep 30	0.61	0.66	$0.64	7.8%	9.1K	0.89	5.1K
$79.00	Oct 2	0.08	0.09	$0.09	11.1%	12.3K	0.12	46.2K
$78.50	Oct 2	0.15	0.16	$0.16	6.3%	15.8K	0.20	13.7K
$78.00	Oct 2	0.26	0.27	$0.27	3.7%	24.2K	0.32	10.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 30	0.45	0.48	$0.47	6.4%	11.1K	0.78	11.1K
$75.50	Oct 2	0.05	0.06	$0.06	16.7%	936	0.09	705
$76.00	Oct 2	0.11	0.12	$0.12	8.3%	5.4K	0.16	7.1K
$75.00	Oct 5	0.05	0.06	$0.06	16.7%	194	0.07	3.9K
$75.50	Oct 5	0.09	0.10	$0.10	10.0%	309	0.12	1.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 240 found (avg delta 0.86, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$65.00	Oct 2	12.50	12.70	$12.60	1.6%	--	1.00	108
$70.00	Oct 2	7.55	7.65	$7.60	1.3%	20	1.00	208
$71.00	Oct 2	6.50	6.70	$6.60	3.0%	--	1.00	169
$72.00	Oct 2	5.50	5.75	$5.63	4.4%	--	1.00	81
$73.00	Oct 2	4.55	4.70	$4.63	3.2%	--	1.00	234

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Sep 30	1.34	1.42	$1.38	5.8%	1.6K	1.00	20.5K
$80.00	Sep 30	2.38	2.43	$2.41	2.1%	788	1.00	15.9K
$81.00	Sep 30	3.30	3.45	$3.38	4.4%	5	1.00	165
$82.00	Sep 30	4.30	4.50	$4.40	4.5%	8	1.00	96
$83.00	Sep 30	5.30	5.45	$5.38	2.8%	11	1.00	214

Most actively traded options today. High liquidity = easy entry/exit. 465 active (total vol 437.0K, top 43.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 30	0.06	0.07	$0.07	14.3%	43.4K	0.22	42.0K
$78.00	Oct 2	0.26	0.27	$0.27	3.7%	24.2K	0.32	10.2K
$79.00	Sep 30	0.00	0.01	$0.01	100.0%	17.4K	0.02	65.7K
$78.50	Oct 2	0.15	0.16	$0.16	6.3%	15.8K	0.20	13.7K
$80.00	Oct 16	0.31	0.32	$0.32	3.1%	15.5K	0.19	135.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 30	0.45	0.48	$0.47	6.4%	11.1K	0.78	11.1K
$76.50	Oct 2	0.21	0.22	$0.22	4.5%	9.4K	0.27	1.7K
$77.00	Sep 30	0.02	0.03	$0.03	33.3%	8.2K	0.11	16.4K
$77.00	Oct 2	0.38	0.39	$0.39	2.6%	7.9K	0.40	8.8K
$70.00	Oct 16	0.03	0.04	$0.04	25.0%	5.7K	0.02	15.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 47.1%, max 122.5%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$78.00	Sep 30	Nov 6	41.7%	18.7%	122.5%	44.6K	42.6K
$78.50	Oct 2	Nov 6	23.7%	18.5%	28.4%	16.1K	15.3K
$77.50	Oct 2	Nov 6	22.4%	19.0%	18.0%	6.3K	5.1K
$75.50	Oct 16	Nov 6	17.7%	17.0%	3.8%	75	88

PUTS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$78.00	Sep 30	Nov 6	41.7%	18.7%	122.5%	11.3K	27.6K
$76.50	Oct 2	Nov 6	22.4%	16.5%	35.6%	9.8K	2.6K
$78.50	Oct 2	Nov 6	23.7%	18.5%	28.4%	920	8.6K
$77.50	Oct 2	Nov 6	22.4%	19.0%	18.0%	5.9K	5.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 122 found (best R:R 0.67, avg 2.28)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$77.00	$78.00	Sep 30	$0.57	$0.43	$0.57	89%	0.75	$77.57
$76.50	$77.00	Oct 9	$0.31	$0.19	$0.31	69%	0.61	$76.81
$76.50	$77.00	Oct 16	$0.29	$0.21	$0.29	64%	0.72	$76.79
$76.50	$77.00	Oct 7	$0.33	$0.17	$0.33	73%	0.52	$76.83
$77.00	$77.50	Oct 7	$0.26	$0.24	$0.26	60%	0.92	$77.26

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.50	$83.00	Nov 6	$0.30	$0.20	$0.30	91%	0.67	$83.20
$78.00	$77.00	Oct 30	$0.48	$0.52	$0.48	55%	1.08	$77.52
$79.00	$78.00	Oct 30	$0.59	$0.41	$0.59	65%	0.69	$78.41
$78.00	$77.50	Oct 23	$0.25	$0.25	$0.25	57%	1.00	$77.75
$77.00	$76.50	Nov 6	$0.21	$0.29	$0.21	48%	1.38	$76.79

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 73 found (best R:R 0.12, avg 0.48)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$78.00	$79.00	Oct 30	$0.43	$0.43	$0.57	55%	0.75	$78.43
$79.00	$80.00	Oct 30	$0.31	$0.31	$0.69	65%	0.45	$79.31
$80.00	$81.00	Oct 30	$0.22	$0.22	$0.78	74%	0.28	$80.22
$78.00	$78.50	Nov 6	$0.23	$0.23	$0.27	56%	0.85	$78.23
$79.00	$79.50	Oct 23	$0.16	$0.16	$0.34	68%	0.47	$79.16

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$75.00	$70.00	Oct 30	$0.52	$0.52	$4.48	74%	0.12	$74.48
$74.50	$70.00	Nov 6	$0.57	$0.57	$3.93	74%	0.15	$73.93
$76.00	$75.00	Oct 9	$0.19	$0.19	$0.81	73%	0.23	$75.81
$70.00	$65.00	Nov 6	$0.10	$0.10	$4.90	94%	0.02	$69.90
$77.00	$76.50	Oct 2	$0.17	$0.17	$0.33	60%	0.52	$76.83

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.08, cheapest $0.08)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$77.50	Oct 2	Oct 5	$0.09	22.4%	17.0%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$77.50	Oct 2	Oct 5	$0.08	22.4%	17.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 192 found (cheapest 0.70% of stock, avg 4.93%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$78.00	Sep 30	$0.07	$0.47	$0.54	$77.46	$78.54	0.70%
$77.00	Sep 30	$0.64	$0.03	$0.67	$76.33	$77.67	0.86%
$77.50	Oct 2	$0.45	$0.63	$1.08	$76.42	$78.58	1.39%
$77.00	Oct 2	$0.74	$0.39	$1.13	$75.87	$78.13	1.46%
$78.00	Oct 2	$0.27	$0.94	$1.21	$76.79	$79.21	1.56%
$77.50	Oct 5	$0.54	$0.71	$1.25	$76.25	$78.75	1.61%
$77.00	Oct 5	$0.81	$0.48	$1.29	$75.71	$78.29	1.66%
$76.50	Oct 2	$1.13	$0.22	$1.35	$75.15	$77.85	1.74%
$78.00	Oct 5	$0.35	$1.02	$1.37	$76.63	$79.37	1.77%
$79.00	Sep 30	$0.01	$1.38	$1.39	$77.61	$80.39	1.79%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 241 found (cheapest 0.12% of stock, avg 1.45%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$79.50	$75.00	Oct 2	$0.05	$0.04	$0.09	$74.91	$79.59
$79.50	$75.50	Oct 2	$0.05	$0.06	$0.11	$75.39	$79.61
$78.00	$77.00	Sep 30	$0.07	$0.03	$0.10	$76.90	$78.10
$79.00	$75.00	Oct 2	$0.09	$0.04	$0.13	$74.87	$79.13
$79.50	$75.00	Oct 5	$0.08	$0.06	$0.14	$74.86	$79.64
$79.00	$75.50	Oct 2	$0.09	$0.06	$0.15	$75.35	$79.15
$79.50	$75.50	Oct 5	$0.08	$0.10	$0.18	$75.32	$79.68
$79.50	$76.00	Oct 2	$0.05	$0.12	$0.17	$75.83	$79.67
$79.00	$76.00	Oct 2	$0.09	$0.12	$0.21	$75.79	$79.21
$79.00	$75.00	Oct 5	$0.14	$0.06	$0.20	$74.80	$79.20

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 41 found (best R:R 1.27, avg credit $0.37)

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
74/75	80/80	Nov 6	$0.26	$0.24	44%	1.08	$74.74	$80.26
74/75	80/81	Nov 6	$0.24	$0.26	47%	0.92	$74.76	$80.74
75/76	80/80	Nov 6	$0.30	$0.20	35%	1.50	$75.20	$79.80
75/76	80/80	Nov 6	$0.28	$0.22	39%	1.27	$75.22	$80.28
74/75	79/80	Nov 6	$0.30	$0.20	35%	1.50	$74.70	$79.30
75/76	79/80	Nov 6	$0.32	$0.18	31%	1.78	$75.18	$79.32
75/76	80/81	Nov 6	$0.26	$0.24	43%	1.08	$75.24	$80.76
75/76	79/80	Oct 16	$0.24	$0.26	45%	0.92	$75.26	$79.24
76/76	79/80	Oct 14	$0.25	$0.25	43%	1.00	$75.75	$79.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 75 found (best R:R 1.13, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$77.00	$78.00	$79.00	Sep 30	$0.51	$0.49	87%	0.96
$76.00	$77.00	$78.00	Sep 30	$0.39	$0.61	76%	1.56
$78.00	$79.00	$80.00	Sep 30	$0.06	$0.94	21%	15.67
$74.00	$75.00	$76.00	Oct 23	$0.07	$0.93	20%	13.29
$75.00	$76.00	$77.00	Oct 30	$0.08	$0.92	21%	11.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$77.00	$78.00	$79.00	Sep 30	$0.47	$0.53	89%	1.13
$76.00	$77.00	$78.00	Sep 30	$0.42	$0.58	76%	1.38
$76.50	$77.00	$77.50	Oct 5	$0.05	$0.45	25%	9.00
$74.00	$75.00	$76.00	Oct 23	$0.08	$0.92	17%	11.50
$76.00	$77.00	$78.00	Oct 30	$0.10	$0.90	20%	9.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 156 found (best net $-2.60, 144 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$65.00	$70.00	1:2	Oct 2	-$2.60	$2.40
$65.00	$70.00	1:2	Sep 30	-$2.60	$2.40
$73.00	$75.00	1:2	Oct 2	-$0.63	$1.37
$73.00	$75.00	1:2	Oct 12	-$0.70	$1.30
$75.00	$76.50	1:2	Oct 12	-$0.29	$1.21

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$87.00	$83.00	1:2	Oct 7	-$1.70	$2.30
$80.00	$79.00	1:2	Sep 30	-$0.35	$0.65
$77.50	$77.00	1:2	Oct 2	-$0.15	$0.35
$76.50	$76.00	1:2	Oct 5	-$0.06	$0.44
$77.00	$76.50	1:2	Oct 5	-$0.12	$0.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 85 found (best yield 1.83%, avg 0.44%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$78.00	Nov 6	$1.42	0.44	0.5%	1.83%	2.35%	1.2K	658
$78.50	Nov 6	$1.21	0.39	1.2%	1.56%	2.72%	292	1.6K
$78.00	Oct 30	$1.31	0.45	0.5%	1.69%	2.20%	3.9K	1.6K
$79.00	Nov 6	$1.00	0.35	1.8%	1.29%	3.09%	241	1.1K
$79.50	Nov 6	$0.82	0.31	2.5%	1.06%	3.51%	111	2.5K
$79.00	Oct 30	$0.88	0.35	1.8%	1.13%	2.94%	1.3K	4.4K
$80.00	Nov 6	$0.67	0.27	3.1%	0.86%	3.96%	947	3.8K
$78.00	Oct 23	$1.09	0.43	0.5%	1.40%	1.92%	1.9K	3.5K
$78.50	Oct 23	$0.88	0.38	1.2%	1.13%	2.29%	2.0K	3.8K
$80.50	Nov 6	$0.55	0.23	3.7%	0.71%	4.45%	134	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 311,123

Total Puts 126,044

Put/Call Ratio 0.41

Net Difference 185,079

Prior's Put/Call Breakdown

Total Calls 490,563

Total Puts 196,029

Put/Call Ratio 0.40

Net Difference 294,534

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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