TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$77.64 -0.75%

(9/30 14:00) ◀

Wednesday, September 30, 2026 (3:00pm)

▶ (9/30 15:17)

◀ 9/30 15:01 ▶

Option Volume

Detail

ℹ

Current (09/30 3:00pm) 499,232

Calls: 348,193 (70%)

Puts: 151,039 (30%)

Prior (09/29) 845,759

Calls: 598,334 (71%)

Puts: 247,425 (29%)

Current vs Prior -40.97%

Calls: -41.81% (Calls)

Puts: -38.96% (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 -23.10%

Calls: -19.27%

Puts: -30.69%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/30 3:00pm) $24.98M

Calls: $13.26M (53%)

Puts: $11.72M (47%)

Prior (09/29) $45.43M

Calls: $24.28M (53%)

Puts: $21.15M (47%)

Current vs Prior -45.00%

Calls: -45.37%

Puts: -44.58%

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 -30.61%

Calls: -27.80%

Puts: -33.54%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/30 3:00pm) 0.43

Prior (09/29) 0.41

Current vs Prior +4.90%

Prior 7-Day Average 0.49

Current vs Prior 7-Day Avg -11.16%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/30 3:00pm) 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 1.37% | 1.75%1.75% | 2.56%3.25% | 5.76%

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

Current vs Prior -24.78% | -11.02%-11.02% | -4.06%-1.97% | +2.36%

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

Current vs 7-Day Avg +16.94% | +7.52%+27.31% | +14.05%+20.96% | +21.89%

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

Current vs 7-Day Eod -24.78% | -11.02%-10.44% | -3.60%-1.59% | +2.36%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 8.03% | 3.86%

Calls: 6.06% | 2.17%

Puts: 10.00% | 5.56%

Prior 4.71% | 4.58%

Calls: 3.85% | 4.76%

Puts: 5.56% | 4.40%

Current vs Prior +70.49% | -15.72%

Prior 7-Day Avg 4.49% | 2.67%

Calls: 4.67% | 2.17%

Puts: 4.31% | 3.17%

Current vs 7-Day Avg +78.84% | +44.49%

Liquidity Acceptable

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🤖 AI Insights

Below-average activity with volume down 41% vs prior. Extreme bullish P/C ratio of 0.43 - heavy call buying (348,193 calls vs 151,039 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
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 353 of results (avg 3.8%, best 0.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Oct 23	1.10	1.11	$1.11	0.9%	2.0K	0.44	3.5K
$78.00	Oct 16	0.88	0.89	$0.89	1.1%	6.5K	0.43	7.4K
$79.00	Oct 23	0.70	0.71	$0.71	1.4%	843	0.33	1.2K
$78.00	Oct 30	1.31	1.33	$1.32	1.5%	4.2K	0.45	1.6K
$65.00	Sep 30	12.55	12.75	$12.65	1.6%	--	1.00	73

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Oct 16	0.90	0.91	$0.91	1.1%	4.0K	0.44	30.4K
$76.50	Oct 23	0.88	0.89	$0.89	1.1%	196	0.38	1.0K
$93.00	Oct 16	15.55	15.75	$15.65	1.3%	--	0.99	399
$77.00	Nov 6	1.52	1.54	$1.53	1.3%	215	0.47	1.1K
$92.00	Oct 9	14.55	14.75	$14.65	1.4%	--	0.99	44

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 162 found (avg $0.35, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 30	0.05	0.06	$0.06	16.7%	45.6K	0.22	42.0K
$77.00	Sep 30	0.64	0.68	$0.66	6.1%	11.8K	0.93	5.1K
$78.50	Oct 2	0.14	0.16	$0.15	13.3%	16.4K	0.21	13.7K
$79.00	Oct 2	0.08	0.09	$0.09	11.1%	14.6K	0.13	46.2K
$78.00	Oct 2	0.26	0.27	$0.27	3.7%	26.3K	0.33	10.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 30	0.38	0.42	$0.40	10.0%	11.9K	0.79	11.1K
$75.50	Oct 2	0.05	0.06	$0.06	16.7%	1.1K	0.09	705
$76.50	Oct 2	0.19	0.20	$0.20	5.0%	10.2K	0.24	1.7K
$75.00	Oct 5	0.05	0.06	$0.06	16.7%	208	0.07	3.9K
$75.50	Oct 5	0.09	0.10	$0.10	10.0%	318	0.12	1.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 243 found (avg delta 0.86, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$65.00	Oct 2	12.55	12.75	$12.65	1.6%	--	1.00	108
$70.00	Oct 2	7.55	7.75	$7.65	2.6%	40	1.00	208
$71.00	Oct 2	6.55	6.75	$6.65	3.0%	--	1.00	169
$72.00	Oct 2	5.55	5.75	$5.65	3.5%	--	1.00	81
$73.00	Oct 2	4.55	4.75	$4.65	4.3%	--	1.00	234

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Sep 30	1.33	1.37	$1.35	3.0%	1.7K	1.00	20.5K
$80.00	Sep 30	2.29	2.44	$2.37	6.3%	1.0K	1.00	15.9K
$81.00	Sep 30	3.25	3.40	$3.33	4.5%	7	1.00	165
$82.00	Sep 30	4.25	4.45	$4.35	4.6%	8	1.00	96
$83.00	Sep 30	5.30	5.40	$5.35	1.9%	14	1.00	214

Most actively traded options today. High liquidity = easy entry/exit. 472 active (total vol 499.0K, top 45.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Sep 30	0.05	0.06	$0.06	16.7%	45.6K	0.22	42.0K
$78.00	Oct 2	0.26	0.27	$0.27	3.7%	26.3K	0.33	10.2K
$79.00	Sep 30	0.00	0.01	$0.01	100.0%	17.6K	0.02	65.7K
$78.50	Oct 2	0.14	0.16	$0.15	13.3%	16.4K	0.21	13.7K
$80.00	Oct 16	0.31	0.32	$0.32	3.1%	16.2K	0.20	135.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Sep 30	0.01	0.02	$0.02	50.0%	16.6K	0.07	16.4K
$78.00	Sep 30	0.38	0.42	$0.40	10.0%	11.9K	0.79	11.1K
$76.50	Oct 2	0.19	0.20	$0.20	5.0%	10.2K	0.24	1.7K
$77.00	Oct 2	0.34	0.35	$0.35	2.9%	8.5K	0.38	8.8K
$77.00	Oct 30	1.22	1.24	$1.23	1.6%	6.3K	0.45	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. 8 strikes (avg 53.9%, max 156.1%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$78.00	Sep 30	Nov 6	47.4%	18.5%	156.1%	46.8K	42.6K
$78.50	Oct 2	Nov 6	23.1%	18.3%	26.5%	16.7K	15.3K
$77.50	Oct 2	Nov 6	21.6%	18.9%	14.2%	7.3K	5.1K
$75.50	Oct 16	Nov 6	17.5%	17.0%	2.7%	75	88

PUTS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$78.00	Sep 30	Nov 6	47.4%	18.5%	156.1%	12.4K	27.6K
$76.50	Oct 2	Nov 6	22.3%	16.5%	34.8%	10.6K	2.6K
$78.50	Oct 2	Nov 6	23.1%	18.3%	26.5%	1.2K	8.6K
$77.50	Oct 2	Nov 6	21.6%	18.9%	14.2%	6.6K	5.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 123 found (best R:R 0.56, avg 2.28)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$77.00	$78.00	Sep 30	$0.60	$0.40	$0.60	93%	0.67	$77.60
$76.50	$77.00	Oct 7	$0.32	$0.18	$0.32	75%	0.56	$76.82
$77.00	$77.50	Oct 5	$0.28	$0.22	$0.28	66%	0.79	$77.28
$76.50	$77.00	Oct 9	$0.32	$0.18	$0.32	70%	0.56	$76.82
$77.00	$77.50	Oct 7	$0.27	$0.23	$0.27	62%	0.85	$77.27

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.50	$83.00	Nov 6	$0.32	$0.18	$0.32	91%	0.56	$83.18
$78.00	$77.00	Oct 30	$0.47	$0.53	$0.47	55%	1.13	$77.53
$76.50	$76.00	Nov 6	$0.18	$0.32	$0.18	42%	1.78	$76.32
$77.50	$77.00	Nov 6	$0.23	$0.27	$0.23	52%	1.17	$77.27
$77.50	$77.00	Oct 23	$0.22	$0.28	$0.22	51%	1.27	$77.28

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 72 found (best R:R 0.11, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$78.00	$79.00	Oct 30	$0.43	$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	Oct 23	$0.22	$0.22	$0.28	56%	0.79	$78.22
$79.00	$79.50	Oct 23	$0.16	$0.16	$0.34	67%	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	$0.50	$0.50	$4.50	75%	0.11	$74.50
$74.50	$70.00	Nov 6	$0.55	$0.55	$3.95	74%	0.14	$73.95
$76.00	$75.00	Oct 9	$0.18	$0.18	$0.82	75%	0.22	$75.82
$70.00	$65.00	Nov 6	$0.10	$0.10	$4.90	94%	0.02	$69.90
$76.50	$76.00	Oct 2	$0.10	$0.10	$0.40	76%	0.25	$76.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.09, cheapest $0.09)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$77.50	Oct 2	Oct 5	$0.09	21.6%	16.5%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$77.50	Oct 2	Oct 5	$0.09	21.6%	16.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 194 found (cheapest 0.59% of stock, avg 4.90%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$78.00	Sep 30	$0.06	$0.40	$0.46	$77.54	$78.46	0.59%
$77.00	Sep 30	$0.66	$0.02	$0.68	$76.32	$77.68	0.88%
$77.50	Oct 2	$0.46	$0.57	$1.03	$76.47	$78.53	1.33%
$77.00	Oct 2	$0.76	$0.35	$1.11	$75.89	$78.11	1.43%
$78.00	Oct 2	$0.27	$0.90	$1.17	$76.83	$79.17	1.51%
$77.50	Oct 5	$0.55	$0.66	$1.21	$76.29	$78.71	1.56%
$77.00	Oct 5	$0.83	$0.43	$1.26	$75.74	$78.26	1.62%
$78.00	Oct 5	$0.35	$0.96	$1.31	$76.69	$79.31	1.69%
$79.00	Sep 30	$0.01	$1.35	$1.36	$77.64	$80.36	1.75%
$76.50	Oct 2	$1.17	$0.20	$1.37	$75.13	$77.87	1.76%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 236 found (cheapest 0.10% of stock, avg 1.43%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$78.00	$77.00	Sep 30	$0.06	$0.02	$0.08	$76.92	$78.08
$80.00	$75.50	Oct 2	$0.04	$0.06	$0.10	$75.40	$80.10
$79.50	$75.50	Oct 2	$0.05	$0.06	$0.11	$75.39	$79.61
$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
$80.00	$76.00	Oct 2	$0.04	$0.10	$0.14	$75.86	$80.14
$79.50	$76.00	Oct 2	$0.05	$0.10	$0.15	$75.85	$79.65
$79.50	$75.50	Oct 5	$0.08	$0.10	$0.18	$75.32	$79.68
$79.00	$76.00	Oct 2	$0.09	$0.10	$0.19	$75.81	$79.19
$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. 37 found (best R:R 1.27, avg credit $0.36)

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	48%	0.92	$74.76	$80.74
75/76	80/80	Nov 6	$0.30	$0.20	36%	1.50	$75.20	$79.80
75/76	80/80	Nov 6	$0.28	$0.22	40%	1.27	$75.22	$80.28
75/76	80/81	Nov 6	$0.26	$0.24	44%	1.08	$75.24	$80.76
76/76	79/80	Oct 16	$0.26	$0.24	40%	1.08	$75.74	$79.26
76/76	78/79	Oct 12	$0.29	$0.21	34%	1.38	$76.21	$78.79
76/76	78/79	Oct 12	$0.25	$0.25	41%	1.00	$75.75	$78.75
76/76	79/80	Oct 9	$0.24	$0.26	43%	0.92	$76.26	$79.24

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 80 found (best R:R 1.70, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$77.00	$78.00	$79.00	Sep 30	$0.55	$0.45	90%	0.82
$76.00	$77.00	$78.00	Sep 30	$0.40	$0.60	76%	1.50
$74.00	$75.00	$76.00	Oct 23	$0.06	$0.94	20%	15.67
$75.00	$76.00	$77.00	Oct 30	$0.08	$0.92	21%	11.50
$76.50	$77.00	$77.50	Oct 7	$0.05	$0.45	26%	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$76.00	$77.00	$78.00	Sep 30	$0.37	$0.63	77%	1.70
$77.00	$78.00	$79.00	Sep 30	$0.57	$0.43	93%	0.75
$78.00	$79.00	$80.00	Sep 30	$0.07	$0.93	21%	13.29
$74.00	$75.00	$76.00	Oct 23	$0.07	$0.93	17%	13.29
$76.00	$77.00	$78.00	Oct 30	$0.10	$0.90	21%	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. 161 found (best net $-2.65, 150 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$65.00	$70.00	1:2	Oct 2	-$2.65	$2.35
$65.00	$70.00	1:2	Sep 30	-$2.65	$2.35
$73.00	$75.00	1:2	Oct 2	-$0.67	$1.33
$73.00	$75.00	1:2	Oct 12	-$0.73	$1.27
$75.00	$76.50	1:2	Oct 12	-$0.25	$1.25

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$87.00	$83.00	1:2	Oct 7	-$1.65	$2.35
$80.00	$79.00	1:2	Sep 30	-$0.33	$0.67
$77.50	$77.00	1:2	Oct 2	-$0.13	$0.37
$77.00	$76.50	1:2	Oct 2	-$0.05	$0.45
$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. 84 found (best yield 1.82%, avg 0.44%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$78.00	Nov 6	$1.41	0.44	0.5%	1.82%	2.28%	1.2K	658
$78.50	Nov 6	$1.20	0.40	1.1%	1.55%	2.65%	320	1.6K
$78.00	Oct 30	$1.31	0.45	0.5%	1.69%	2.15%	4.2K	1.6K
$79.00	Nov 6	$1.00	0.35	1.8%	1.29%	3.04%	246	1.1K
$79.50	Nov 6	$0.83	0.31	2.4%	1.07%	3.46%	111	2.5K
$79.00	Oct 30	$0.88	0.35	1.8%	1.13%	2.89%	1.3K	4.4K
$80.00	Nov 6	$0.68	0.27	3.0%	0.88%	3.92%	962	3.8K
$78.00	Oct 23	$1.10	0.44	0.5%	1.42%	1.88%	2.0K	3.5K
$80.50	Nov 6	$0.55	0.23	3.7%	0.71%	4.39%	152	855
$78.50	Oct 23	$0.88	0.38	1.1%	1.13%	2.24%	2.3K	3.8K

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 348,193

Total Puts 151,039

Put/Call Ratio 0.43

Net Difference 197,154

Prior's Put/Call Breakdown

Total Calls 598,334

Total Puts 247,425

Put/Call Ratio 0.41

Net Difference 350,909

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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