TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$80.90 +0.24%

(9/16 15:18) ◀

Wednesday, September 16, 2026 (3:24pm)

▶

◀ 9/16 15:24

Option Volume

Detail

ℹ

Current (09/16) 804,915

Calls: 572,615 (71%)

Puts: 232,300 (29%)

Prior (09/15) 545,535

Calls: 348,841 (64%)

Puts: 196,694 (36%)

Current vs Prior +47.55%

Calls: +64.15% (Calls)

Puts: +18.10% (Puts)

Prior 7-Day Total 4,278,554

Calls: 2,570,332 (60%)

Puts: 1,708,222 (40%)

Prior 7-Day Average 713,092

Calls: 367,190 (60%)

Puts: 244,031 (40%)

Current vs Prior 7-Day Avg +12.88%

Calls: +55.95%

Puts: -4.81%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/16) $43.67M

Calls: $34.31M (79%)

Puts: $9.36M (21%)

Prior (09/15) $74.18M

Calls: $39.66M (53%)

Puts: $34.52M (47%)

Current vs Prior -41.13%

Calls: -13.49%

Puts: -72.89%

Prior 7-Day Total $356.34M

Calls: $176.65M (50%)

Puts: $179.69M (50%)

Prior 7-Day Average $59.39M

Calls: $25.24M (50%)

Puts: $25.67M (50%)

Current vs Prior 7-Day Avg -26.47%

Calls: +35.96%

Puts: -63.54%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/16) 0.41

Prior (09/15) 0.56

Current vs Prior -28.05%

Prior 7-Day Average 0.67

Current vs Prior 7-Day Avg -39.39%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/16) 4,218,800

Calls: 2,620,787 (62%)

Puts: 1,598,013 (38%)

Prior (09/15) 3,281,401

Calls: 1,867,551 (57%)

Puts: 1,413,850 (43%)

Current vs Prior +28.57%

Prior 7-Day Total 20,928,391

Calls: 12,157,708 (58%)

Puts: 8,770,683 (42%)

Prior 7-Day Average 3,488,065

Calls: 2,026,284 (58%)

Puts: 1,461,780 (42%)

Current vs Prior 7-Day Avg +20.95%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/16) | Next (09/18)Expiry (09/18) | Next (09/25)Expiry (09/16) | Next (10/16)

Current 0.75% | 1.25%1.25% | 1.88%0.75% | 3.51%

Prior 1.18% | 1.62%1.62% | 2.22%1.18% | 3.77%

Current vs Prior -35.94% | -23.08%-23.08% | -15.28%-35.94% | -6.80%

Prior 7-Day Avg 1.01% | 1.53%1.22% | 1.96%1.55% | 3.65%

Current vs 7-Day Avg -25.67% | -18.27%+2.39% | -3.90%-51.33% | -3.71%

Prior 7-Day Eod 0.79% | 1.26%1.62% | 2.22%1.18% | 3.77%

Current vs 7-Day Eod -4.64% | -0.93%-23.08% | -15.28%-35.94% | -6.80%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 6.20% | 2.08%

Calls: 7.14% | 1.61%

Puts: 5.26% | 2.56%

Prior 3.12% | 5.42%

Calls: 2.08% | 4.48%

Puts: 4.17% | 6.35%

Current vs Prior +98.72% | -61.62%

Prior 7-Day Avg 8.86% | 3.61%

Calls: 10.55% | 3.75%

Puts: 6.55% | 3.51%

Current vs 7-Day Avg -29.98% | -42.44%

Liquidity Good

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Strong bullish conviction with 79% of dollar volume in calls ($34.31M) vs puts ($9.36M). Extreme bullish P/C ratio of 0.41 - heavy call buying (572,615 calls vs 232,300 puts). P/C ratio dropping 28% - sentiment shifting bullish. Call-heavy open interest (2,620,787 calls vs 1,598,013 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 BEARISH

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 NEUTRAL

Prior BULLISH

7-Day Avg BULLISH

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Best Value <$1

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 362 of results (avg 3.1%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Oct 16	1.66	1.67	$1.67	0.6%	13.0K	0.62	8.3K
$70.00	Sep 25	10.95	11.05	$11.00	0.9%	1	1.00	26
$79.50	Oct 23	2.13	2.15	$2.14	0.9%	141	0.68	230
$65.00	Sep 30	15.95	16.10	$16.02	0.9%	--	1.00	73
$65.00	Oct 2	15.95	16.10	$16.02	0.9%	3	1.00	108

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 30	1.32	1.33	$1.33	0.8%	449	0.71	6.8K
$97.00	Oct 16	16.15	16.30	$16.23	0.9%	--	0.99	121
$97.00	Sep 16	16.05	16.20	$16.13	0.9%	127	1.00	--
$96.00	Oct 16	15.15	15.30	$15.23	1.0%	--	0.99	86
$96.00	Sep 16	15.05	15.20	$15.13	1.0%	84	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 152 found (avg $0.35, cheapest $0.09)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 16	0.08	0.09	$0.09	11.1%	30.3K	0.38	10.8K
$80.50	Sep 16	0.40	0.43	$0.42	7.1%	473	0.86	1.0K
$82.00	Sep 18	0.05	0.06	$0.06	16.7%	59.0K	0.12	109.4K
$81.50	Sep 18	0.14	0.15	$0.15	6.7%	43.7K	0.26	40.2K
$82.00	Sep 21	0.09	0.10	$0.10	10.0%	2.3K	0.16	1.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 16	0.18	0.19	$0.19	5.3%	21.4K	0.62	6.4K
$80.00	Sep 18	0.07	0.08	$0.08	12.5%	26.7K	0.16	65.8K
$80.50	Sep 18	0.18	0.19	$0.19	5.3%	17.0K	0.32	13.8K
$79.50	Sep 21	0.06	0.07	$0.07	14.3%	75	0.11	229
$80.00	Sep 21	0.12	0.13	$0.13	7.7%	837	0.20	1.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 264 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$65.00	Oct 2	15.95	16.10	$16.02	0.9%	3	1.00	108
$70.00	Oct 2	10.95	11.10	$11.02	1.4%	--	1.00	123
$77.00	Oct 2	4.00	4.15	$4.08	3.7%	--	1.00	72
$65.00	Oct 9	15.95	16.10	$16.02	0.9%	--	1.00	48
$76.00	Oct 9	5.00	5.10	$5.05	2.0%	68	1.00	157

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 16	1.09	1.16	$1.13	6.2%	457	1.00	1.2K
$82.50	Sep 16	1.58	1.66	$1.62	4.9%	30	1.00	34
$83.00	Sep 16	2.07	2.17	$2.12	4.7%	13	1.00	54
$83.50	Sep 16	2.57	2.67	$2.62	3.8%	6	1.00	3
$84.00	Sep 16	3.05	3.20	$3.13	4.8%	34	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 465 active (total vol 801.8K, top 59.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.05	0.06	$0.06	16.7%	59.0K	0.12	109.4K
$81.50	Sep 16	0.00	0.01	$0.01	100.0%	47.0K	0.04	7.6K
$82.00	Sep 16	0.00	0.01	$0.01	100.0%	45.9K	0.02	4.3K
$81.50	Sep 18	0.14	0.15	$0.15	6.7%	43.7K	0.26	40.2K
$83.00	Oct 16	0.35	0.36	$0.36	2.8%	41.6K	0.22	125.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 16	0.00	0.01	$0.01	100.0%	32.6K	0.03	6.7K
$80.00	Sep 18	0.07	0.08	$0.08	12.5%	26.7K	0.16	65.8K
$80.50	Sep 16	0.02	0.03	$0.03	33.3%	23.5K	0.14	9.2K
$81.00	Sep 16	0.18	0.19	$0.19	5.3%	21.4K	0.62	6.4K
$81.00	Sep 18	0.38	0.39	$0.39	2.6%	18.6K	0.54	78.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 299.1%, max 299.1%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Sep 16	Oct 30	41.1%	10.3%	299.1%	31.8K	12.5K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Sep 16	Oct 30	41.1%	10.3%	299.1%	22.4K	9.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 95 found (best R:R 1.38, avg 2.52)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$80.50	$81.00	Sep 16	$0.33	$0.17	$0.33	86%	0.52	$80.83
$84.00	$85.00	Oct 30	$0.13	$0.87	$0.13	18%	6.69	$84.13
$82.00	$82.50	Sep 28	$0.10	$0.40	$0.10	27%	4.00	$82.10
$82.50	$83.00	Oct 23	$0.13	$0.37	$0.13	29%	2.85	$82.63
$80.50	$81.00	Sep 18	$0.30	$0.20	$0.30	68%	0.67	$80.80

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Oct 30	$0.42	$0.58	$0.42	54%	1.38	$80.58
$81.00	$80.00	Oct 16	$0.42	$0.58	$0.42	54%	1.38	$80.58
$82.00	$81.00	Sep 30	$0.61	$0.39	$0.61	71%	0.64	$81.39
$80.50	$80.00	Oct 23	$0.19	$0.31	$0.19	47%	1.63	$80.31
$82.00	$81.00	Oct 30	$0.57	$0.43	$0.57	63%	0.75	$81.43

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 56 found (best R:R 0.75, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$82.00	Oct 16	$0.43	$0.43	$0.57	54%	0.75	$81.43
$81.00	$82.00	Oct 30	$0.45	$0.45	$0.55	54%	0.82	$81.45
$81.00	$82.00	Sep 30	$0.41	$0.41	$0.59	52%	0.69	$81.41
$82.00	$83.00	Oct 30	$0.34	$0.34	$0.66	63%	0.52	$82.34
$81.00	$81.50	Oct 2	$0.24	$0.24	$0.26	54%	0.92	$81.24

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$75.00	$70.00	Oct 30	$0.10	$0.10	$4.90	93%	0.02	$74.90
$80.50	$80.00	Sep 18	$0.11	$0.11	$0.39	68%	0.28	$80.39
$80.00	$79.00	Sep 30	$0.19	$0.19	$0.81	70%	0.23	$79.81
$80.00	$79.50	Sep 25	$0.10	$0.10	$0.40	73%	0.25	$79.90
$80.00	$79.50	Sep 28	$0.11	$0.11	$0.39	72%	0.28	$79.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.22, cheapest $0.20)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.00	Sep 16	Sep 18	$0.23	41.1%	14.8%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.00	Sep 16	Sep 18	$0.20	41.1%	14.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 205 found (cheapest 0.35% of stock, avg 4.17%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.00	Sep 16	$0.09	$0.19	$0.28	$80.72	$81.28	0.35%
$80.50	Sep 16	$0.42	$0.03	$0.45	$80.05	$80.95	0.56%
$81.50	Sep 16	$0.01	$0.63	$0.64	$80.86	$82.14	0.79%
$81.00	Sep 18	$0.32	$0.39	$0.71	$80.29	$81.71	0.88%
$80.50	Sep 18	$0.62	$0.19	$0.81	$79.69	$81.31	1.00%
$81.00	Sep 21	$0.39	$0.45	$0.84	$80.16	$81.84	1.04%
$81.50	Sep 18	$0.15	$0.72	$0.87	$80.63	$82.37	1.08%
$80.00	Sep 16	$0.89	$0.01	$0.90	$79.10	$80.90	1.11%
$80.50	Sep 21	$0.69	$0.25	$0.94	$79.56	$81.44	1.16%
$81.50	Sep 21	$0.20	$0.76	$0.96	$80.54	$82.46	1.19%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 241 found (cheapest 0.09% of stock, avg 0.94%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$79.50	Sep 18	$0.03	$0.04	$0.07	$79.43	$82.57
$82.50	$79.00	Sep 21	$0.05	$0.04	$0.09	$78.91	$82.59
$83.00	$78.50	Sep 23	$0.06	$0.04	$0.10	$78.40	$83.10
$82.00	$79.50	Sep 18	$0.06	$0.04	$0.10	$79.40	$82.10
$83.00	$79.00	Sep 23	$0.06	$0.06	$0.12	$78.88	$83.12
$82.50	$79.50	Sep 21	$0.05	$0.07	$0.12	$79.38	$82.62
$82.50	$80.00	Sep 18	$0.03	$0.08	$0.11	$79.89	$82.61
$84.00	$78.00	Sep 30	$0.07	$0.07	$0.14	$77.86	$84.14
$82.00	$80.00	Sep 18	$0.06	$0.08	$0.14	$79.86	$82.14
$82.50	$78.50	Sep 23	$0.10	$0.04	$0.14	$78.36	$82.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 22 found (best R:R 1.27, avg credit $0.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
78/79	82/82	Oct 23	$0.28	$0.22	37%	1.27	$78.72	$82.28
79/80	82/82	Oct 2	$0.24	$0.26	44%	0.92	$79.26	$82.24
78/79	83/84	Oct 23	$0.22	$0.28	48%	0.79	$78.78	$83.22
79/80	82/82	Oct 23	$0.30	$0.20	31%	1.50	$79.20	$82.30
79/80	82/82	Oct 9	$0.26	$0.24	38%	1.08	$79.24	$82.26
78/79	82/83	Oct 23	$0.24	$0.26	42%	0.92	$78.76	$82.74
79/80	83/84	Oct 23	$0.24	$0.26	42%	0.92	$79.26	$83.24
79/80	82/83	Oct 23	$0.26	$0.24	37%	1.08	$79.24	$82.76
80/80	82/82	Sep 25	$0.20	$0.30	48%	0.67	$79.80	$82.20
80/80	82/82	Sep 28	$0.21	$0.29	45%	0.72	$79.79	$82.21

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 104 found (best R:R 61.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.50	$81.00	$81.50	Sep 16	$0.25	$0.25	83%	1.00
$79.00	$80.00	$81.00	Oct 16	$0.11	$0.89	30%	8.09
$80.00	$80.50	$81.00	Sep 16	$0.14	$0.36	59%	2.57
$78.00	$79.00	$80.00	Oct 16	$0.09	$0.91	25%	10.11
$79.00	$80.00	$81.00	Sep 30	$0.17	$0.83	36%	4.88

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$65.00	$70.00	$75.00	Oct 30	$0.08	$4.92	7%	61.50
$80.00	$80.50	$81.00	Sep 16	$0.14	$0.36	59%	2.57
$81.00	$81.50	$82.00	Sep 16	$0.06	$0.44	38%	7.33
$80.50	$81.00	$81.50	Sep 16	$0.28	$0.22	82%	0.79
$79.00	$80.00	$81.00	Sep 30	$0.18	$0.82	36%	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. 159 found (best net $-1.08, 147 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$1.08	$3.92
$70.00	$75.00	1:2	Oct 30	-$1.25	$3.75
$76.00	$78.00	1:2	Sep 21	-$0.93	$1.07
$70.00	$74.00	1:2	Sep 25	-$3.00	$1.00
$76.00	$78.00	1:2	Sep 23	-$1.03	$0.97

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$92.00	$87.00	1:2	Oct 23	-$1.31	$3.69
$83.00	$82.00	1:2	Sep 21	-$0.21	$0.79
$83.00	$82.00	1:2	Sep 23	-$0.29	$0.71
$82.00	$81.00	1:2	Sep 30	-$0.11	$0.89
$82.00	$81.50	1:2	Sep 16	-$0.13	$0.37

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 67 found (best yield 1.67%, avg 0.43%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$81.00	Oct 30	$1.35	0.46	0.1%	1.67%	1.79%	1.4K	1.7K
$82.00	Oct 30	$0.90	0.37	1.4%	1.11%	2.47%	1.8K	1.5K
$81.00	Oct 23	$1.19	0.47	0.1%	1.47%	1.59%	347	1.4K
$81.50	Oct 23	$0.95	0.41	0.7%	1.17%	1.92%	1.1K	2.8K
$82.00	Oct 23	$0.75	0.35	1.4%	0.93%	2.29%	118	1.6K
$83.00	Oct 30	$0.57	0.27	2.6%	0.70%	3.30%	688	2.1K
$81.00	Oct 16	$1.05	0.47	0.1%	1.30%	1.42%	7.2K	37.5K
$82.50	Oct 23	$0.58	0.29	2.0%	0.72%	2.69%	1.2K	1.3K
$82.00	Oct 16	$0.62	0.33	1.4%	0.77%	2.13%	20.9K	44.1K
$83.00	Oct 23	$0.45	0.24	2.6%	0.56%	3.15%	153	1.1K

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 572,615

Total Puts 232,300

Put/Call Ratio 0.41

Net Difference 340,315

Prior's Put/Call Breakdown

Total Calls 348,841

Total Puts 196,694

Put/Call Ratio 0.56

Net Difference 152,147

Prior 7-Day Put/Call Summary

Total Calls 2,570,332

Total Puts 1,708,222

Average Put/Call Ratio 0.67

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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