TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.21 +0.17%

$82.24 (+0.04%)🌙

as of 09/04 07:05 PM

(9/4 16:01) ◀

Friday, September 4, 2026 (7:05pm)

▶

◀ 9/4 19:05

Option Volume

Detail

ℹ

Current (09/04) 405,060

Calls: 304,640 (75%)

Puts: 100,420 (25%)

Prior (09/03) 419,311

Calls: 227,152 (54%)

Puts: 192,159 (46%)

Current vs Prior -3.40%

Calls: +34.11% (Calls)

Puts: -47.74% (Puts)

Prior 7-Day Total 2,573,777

Calls: 1,636,646 (64%)

Puts: 937,131 (36%)

Prior 7-Day Average 367,682

Calls: 233,806 (64%)

Puts: 133,875 (36%)

Current vs Prior 7-Day Avg +10.17%

Calls: +30.30%

Puts: -24.99%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/04) $12.42M

Calls: $7.03M (57%)

Puts: $5.39M (43%)

Prior (09/03) $58.98M

Calls: $8.64M (15%)

Puts: $50.34M (85%)

Current vs Prior -78.95%

Calls: -18.70%

Puts: -89.29%

Prior 7-Day Total $159.85M

Calls: $75.42M (47%)

Puts: $84.43M (53%)

Prior 7-Day Average $22.84M

Calls: $10.77M (47%)

Puts: $12.06M (53%)

Current vs Prior 7-Day Avg -45.62%

Calls: -34.78%

Puts: -55.30%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/04) 0.33

Prior (09/03) 0.85

Current vs Prior -61.03%

Prior 7-Day Average 0.58

Current vs Prior 7-Day Avg -43.06%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/04) 3,275,536

Calls: 1,925,945 (59%)

Puts: 1,349,591 (41%)

Prior (09/03) 3,089,477

Calls: 1,736,612 (56%)

Puts: 1,352,865 (44%)

Current vs Prior +6.02%

Prior 7-Day Total 19,989,596

Calls: 11,471,499 (57%)

Puts: 8,518,097 (43%)

Prior 7-Day Average 2,855,656

Calls: 1,638,785 (57%)

Puts: 1,216,871 (43%)

Current vs Prior 7-Day Avg +14.70%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/04) | Next (09/09)Expiry (09/04) | Next (09/11)Expiry (09/16) | Next (10/16)

Current 0.58% | 1.00%0.58% | 1.33%2.01% | 3.45%

Prior 0.97% | 1.25%0.97% | 1.52%2.25% | 3.67%

Current vs Prior +2.33% | +5.65%-40.10% | -12.95%-10.96% | -5.81%

Prior 7-Day Avg 1.01% | 1.32%1.08% | 1.69%2.38% | 3.80%

Current vs 7-Day Avg -1.38% | +0.52%-45.88% | -21.49%-15.55% | -9.19%

Prior 7-Day Eod 0.64% | 1.03%0.97% | 1.52%2.25% | 3.67%

Current vs 7-Day Eod +54.70% | +28.22%-40.10% | -12.95%-10.96% | -5.81%

Sentiment BEARISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 2.38% | 2.33%

Calls: 2.38% | 2.38%

Puts: 2.38% | 2.27%

Prior 4.55% | 1.96%

Calls: 3.33% | 2.27%

Puts: 5.77% | 1.64%

Current vs Prior -47.69% | +18.88%

Prior 7-Day Avg 7.20% | 3.10%

Calls: 6.54% | 3.09%

Puts: 5.02% | 3.36%

Current vs 7-Day Avg -66.93% | -24.84%

Liquidity Good

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🤖 AI Insights

Light premium activity with dollar volume down 79% vs prior. Extreme bullish P/C ratio of 0.33 - heavy call buying (304,640 calls vs 100,420 puts). P/C ratio dropping 61% - 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 BEARISH

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg 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 255 of results (avg 3.3%, best 0.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 16	1.91	1.92	$1.92	0.5%	64	0.67	13.8K
$81.50	Sep 25	1.27	1.28	$1.27	0.8%	94	0.66	1.2K
$82.00	Oct 16	1.27	1.28	$1.27	0.8%	1.3K	0.50	15.9K
$82.00	Oct 2	1.07	1.08	$1.08	0.9%	58	0.52	791
$82.00	Sep 30	1.05	1.06	$1.06	0.9%	471	0.54	8.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 18	1.02	1.03	$1.02	1.0%	815	0.69	76.4K
$82.00	Oct 16	1.02	1.03	$1.02	1.0%	738	0.51	25.4K
$97.00	Sep 4	14.75	14.90	$14.83	1.0%	1	1.00	--
$82.00	Oct 9	0.93	0.94	$0.94	1.1%	89	0.50	352
$96.00	Oct 16	13.80	13.95	$13.88	1.1%	2	0.98	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 130 found (avg $0.33, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 9	0.05	0.06	$0.06	16.7%	2.4K	0.14	3.9K
$82.50	Sep 9	0.13	0.14	$0.14	7.1%	14.8K	0.31	4.5K
$83.50	Sep 11	0.06	0.07	$0.07	14.3%	1.7K	0.12	17.4K
$83.00	Sep 11	0.12	0.13	$0.13	7.7%	6.9K	0.22	7.7K
$82.00	Sep 9	0.37	0.38	$0.38	2.6%	1.9K	0.61	3.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 9	0.06	0.07	$0.07	14.3%	1.1K	0.17	2.4K
$82.00	Sep 9	0.17	0.18	$0.18	5.6%	1.8K	0.40	2.4K
$81.00	Sep 11	0.06	0.07	$0.07	14.3%	568	0.12	6.2K
$81.00	Sep 14	0.08	0.09	$0.09	11.1%	2.5K	0.15	7.4K
$81.50	Sep 11	0.14	0.15	$0.15	6.7%	1.6K	0.24	16.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 183 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$71.00	Sep 9	11.10	11.30	$11.20	1.8%	9	1.00	--
$72.00	Sep 9	10.10	10.30	$10.20	2.0%	9	1.00	1
$73.00	Sep 9	9.10	9.30	$9.20	2.2%	4	1.00	1
$74.00	Sep 9	8.10	8.30	$8.20	2.4%	15	1.00	--
$75.00	Sep 9	7.10	7.30	$7.20	2.8%	11	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Sep 4	1.26	1.36	$1.31	7.6%	12	1.00	1
$84.00	Sep 4	1.75	1.87	$1.81	6.6%	6	1.00	--
$84.50	Sep 4	2.25	2.37	$2.31	5.2%	15	1.00	--
$85.00	Sep 4	2.76	2.85	$2.81	3.2%	345	1.00	--
$85.50	Sep 4	3.25	3.40	$3.33	4.5%	49	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 418 active (total vol 400.9K, top 78.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Sep 11	0.03	0.04	$0.04	25.0%	78.5K	0.07	18.3K
$82.50	Sep 11	0.27	0.29	$0.28	7.1%	68.2K	0.39	4.8K
$82.50	Sep 4	0.00	0.01	$0.01	100.0%	36.2K	0.06	37.9K
$82.50	Sep 9	0.13	0.14	$0.14	7.1%	14.8K	0.31	4.5K
$85.00	Oct 16	0.29	0.30	$0.30	3.3%	8.0K	0.17	43.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Oct 16	0.23	0.24	$0.24	4.2%	9.3K	0.15	71.4K
$82.00	Sep 11	0.29	0.30	$0.30	3.3%	7.7K	0.42	10.9K
$82.00	Sep 4	0.00	0.01	$0.01	100.0%	6.1K	0.07	8.6K
$82.50	Sep 4	0.26	0.33	$0.30	23.3%	6.0K	0.95	7.2K
$80.00	Sep 18	0.06	0.07	$0.07	14.3%	5.6K	0.09	63.8K

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. 70 found (best R:R 0.75, avg 2.12)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$85.00	$86.00	Oct 16	$0.11	$0.89	$0.11	18%	8.09	$85.11
$82.00	$82.50	Sep 4	$0.17	$0.33	$0.17	92%	1.94	$82.17
$84.00	$85.00	Oct 16	$0.19	$0.81	$0.19	26%	4.26	$84.19
$84.00	$84.50	Oct 9	$0.10	$0.40	$0.10	24%	4.00	$84.10
$84.00	$85.00	Sep 30	$0.14	$0.86	$0.14	22%	6.14	$84.14

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 16	$0.57	$0.43	$0.57	73%	0.75	$82.43
$83.00	$82.00	Sep 14	$0.60	$0.40	$0.60	77%	0.67	$82.40
$82.00	$81.00	Oct 16	$0.38	$0.62	$0.38	51%	1.63	$81.62
$83.00	$82.00	Sep 30	$0.52	$0.48	$0.52	63%	0.92	$82.48
$83.00	$82.00	Oct 16	$0.55	$0.45	$0.55	62%	0.82	$82.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 39 found (best R:R 0.32, avg 0.40)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Oct 16	$0.32	$0.32	$0.68	62%	0.47	$83.32
$82.50	$83.00	Sep 11	$0.15	$0.15	$0.35	62%	0.43	$82.65
$83.00	$84.00	Sep 16	$0.15	$0.15	$0.85	73%	0.18	$83.15
$82.50	$83.00	Sep 25	$0.21	$0.21	$0.29	56%	0.72	$82.71
$82.50	$83.00	Oct 2	$0.21	$0.21	$0.29	57%	0.72	$82.71

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Sep 14	$0.24	$0.24	$0.76	56%	0.32	$81.76
$82.00	$81.50	Sep 11	$0.15	$0.15	$0.35	58%	0.43	$81.85
$82.00	$81.00	Sep 16	$0.26	$0.26	$0.74	56%	0.35	$81.74
$82.00	$81.50	Sep 9	$0.11	$0.11	$0.39	60%	0.28	$81.89
$81.00	$80.00	Sep 30	$0.17	$0.17	$0.83	72%	0.20	$80.83

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. 143 found (cheapest 0.23% of stock, avg 3.55%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Sep 4	$0.18	$0.01	$0.19	$81.81	$82.19	0.23%
$82.50	Sep 4	$0.01	$0.30	$0.31	$82.19	$82.81	0.38%
$82.00	Sep 9	$0.38	$0.18	$0.56	$81.44	$82.56	0.68%
$82.50	Sep 9	$0.14	$0.44	$0.58	$81.92	$83.08	0.71%
$81.50	Sep 4	$0.69	$0.01	$0.70	$80.80	$82.20	0.85%
$83.00	Sep 4	$0.01	$0.81	$0.82	$82.18	$83.82	1.00%
$82.50	Sep 11	$0.28	$0.55	$0.83	$81.67	$83.33	1.01%
$81.50	Sep 9	$0.77	$0.07	$0.84	$80.66	$82.34	1.02%
$82.00	Sep 11	$0.54	$0.30	$0.84	$81.16	$82.84	1.02%
$82.00	Sep 14	$0.56	$0.33	$0.89	$81.11	$82.89	1.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 174 found (cheapest 0.02% of stock, avg 0.80%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$82.00	Sep 4	$0.01	$0.01	$0.02	$81.98	$82.52
$84.00	$80.50	Sep 11	$0.04	$0.03	$0.07	$80.43	$84.07
$83.00	$81.00	Sep 9	$0.06	$0.03	$0.09	$80.91	$83.09
$83.50	$80.50	Sep 11	$0.07	$0.03	$0.10	$80.40	$83.60
$84.00	$81.00	Sep 11	$0.04	$0.07	$0.11	$80.89	$84.11
$83.00	$81.50	Sep 9	$0.06	$0.07	$0.13	$81.37	$83.13
$84.00	$80.00	Sep 16	$0.08	$0.05	$0.13	$79.87	$84.13
$83.50	$81.00	Sep 11	$0.07	$0.07	$0.14	$80.86	$83.64
$84.00	$81.00	Sep 14	$0.05	$0.09	$0.14	$80.86	$84.14
$84.50	$80.00	Sep 18	$0.09	$0.07	$0.16	$79.84	$84.66

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 0.92, avg credit $0.26)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	84/84	Oct 9	$0.24	$0.26	43%	0.92	$80.26	$83.74
80/80	84/84	Oct 9	$0.21	$0.29	49%	0.72	$80.29	$84.21
80/81	84/84	Oct 9	$0.26	$0.24	36%	1.08	$80.74	$83.76
80/81	84/84	Oct 9	$0.23	$0.27	42%	0.85	$80.77	$84.23
80/81	84/84	Oct 2	$0.24	$0.26	40%	0.92	$80.76	$83.74
81/82	83/84	Sep 25	$0.28	$0.22	31%	1.27	$81.22	$83.28
81/82	83/84	Sep 18	$0.23	$0.27	38%	0.85	$81.27	$83.23
79/80	85/86	Oct 16	$0.26	$0.74	59%	0.35	$79.74	$85.26
79/80	84/85	Oct 16	$0.34	$0.66	50%	0.52	$79.66	$84.34
80/81	84/85	Sep 30	$0.31	$0.69	50%	0.45	$80.69	$84.31

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 found (best R:R 1.94, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Sep 4	$0.17	$0.33	89%	1.94
$80.00	$81.00	$82.00	Sep 14	$0.15	$0.85	41%	5.67
$81.00	$82.00	$83.00	Sep 16	$0.29	$0.71	55%	2.45
$81.00	$82.00	$83.00	Sep 14	$0.38	$0.62	64%	1.63
$80.00	$81.00	$82.00	Sep 16	$0.17	$0.83	39%	4.88

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$82.00	$82.50	$83.00	Sep 4	$0.22	$0.28	89%	1.27
$81.50	$82.00	$82.50	Sep 4	$0.29	$0.21	92%	0.72
$81.00	$82.00	$83.00	Sep 14	$0.36	$0.64	62%	1.78
$80.00	$81.00	$82.00	Sep 16	$0.16	$0.84	38%	5.25
$80.00	$81.00	$82.00	Sep 14	$0.18	$0.82	39%	4.56

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 141 found (best net $-0.59, 114 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$79.50	$81.00	1:2	Oct 9	-$0.59	$0.91
$80.00	$81.00	1:2	Sep 14	-$0.41	$0.59
$80.00	$81.00	1:2	Sep 16	-$0.50	$0.50
$82.00	$83.00	1:2	Sep 30	-$0.06	$0.94
$81.00	$81.50	1:2	Sep 4	-$0.19	$0.31

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$85.00	$83.50	1:2	Oct 9	-$0.61	$0.89
$83.00	$82.00	1:2	Sep 30	-$0.15	$0.85
$84.00	$83.00	1:2	Sep 30	-$0.44	$0.56
$83.50	$83.00	1:2	Sep 4	-$0.31	$0.19
$85.00	$84.00	1:2	Sep 11	-$0.82	$0.18

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 52 found (best yield 0.97%, avg 0.32%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$83.00	Oct 16	$0.80	0.38	1.0%	0.97%	1.93%	2.2K	75.6K
$82.50	Oct 9	$0.89	0.43	0.3%	1.08%	1.44%	1.1K	2.6K
$83.00	Oct 9	$0.68	0.36	1.0%	0.83%	1.79%	80	332
$84.00	Oct 16	$0.48	0.26	2.2%	0.58%	2.76%	810	76.7K
$82.50	Oct 2	$0.79	0.43	0.3%	0.96%	1.31%	1.3K	2.0K
$83.50	Oct 9	$0.51	0.30	1.6%	0.62%	2.19%	124	475
$83.00	Oct 2	$0.58	0.35	1.0%	0.71%	1.67%	286	2.8K
$83.00	Sep 30	$0.56	0.36	1.0%	0.68%	1.64%	962	19.9K
$84.00	Oct 9	$0.38	0.24	2.2%	0.46%	2.64%	132	642
$82.50	Sep 25	$0.67	0.44	0.3%	0.81%	1.17%	175	6.7K

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 304,640

Total Puts 100,420

Put/Call Ratio 0.33

Net Difference 204,220

Prior's Put/Call Breakdown

Total Calls 227,152

Total Puts 192,159

Put/Call Ratio 0.85

Net Difference 34,993

Prior 7-Day Put/Call Summary

Total Calls 1,636,646

Total Puts 937,131

Average Put/Call Ratio 0.58

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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