TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.78 +0.65%

(9/18 19:07) ◀

Monday, September 21, 2026 (3:37pm)

▶ (9/21 16:00)

◀ 9/21 15:37 ▶

Option Volume

Detail

ℹ

Current (09/21) 256,107

Calls: 194,400 (76%)

Puts: 61,707 (24%)

Prior (09/18) 521,663

Calls: 306,999 (59%)

Puts: 214,664 (41%)

Current vs Prior -50.91%

Calls: -36.68% (Calls)

Puts: -71.25% (Puts)

Prior 7-Day Total 3,471,092

Calls: 2,289,593 (66%)

Puts: 1,181,499 (34%)

Prior 7-Day Average 578,515

Calls: 327,084 (66%)

Puts: 168,785 (34%)

Current vs Prior 7-Day Avg -55.73%

Calls: -40.57%

Puts: -63.44%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/21) $10.91M

Calls: $8.73M (80%)

Puts: $2.18M (20%)

Prior (09/18) $19.68M

Calls: $11.14M (57%)

Puts: $8.54M (43%)

Current vs Prior -44.56%

Calls: -21.60%

Puts: -74.51%

Prior 7-Day Total $251.75M

Calls: $143.22M (57%)

Puts: $108.53M (43%)

Prior 7-Day Average $41.96M

Calls: $20.46M (57%)

Puts: $15.50M (43%)

Current vs Prior 7-Day Avg -74.00%

Calls: -57.31%

Puts: -85.97%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21) 0.32

Prior (09/18) 0.70

Current vs Prior -54.60%

Prior 7-Day Average 0.53

Current vs Prior 7-Day Avg -40.52%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/21) 2,740,787

Calls: 1,817,663 (66%)

Puts: 923,124 (34%)

Prior (09/18) 3,393,554

Calls: 2,102,026 (62%)

Puts: 1,291,528 (38%)

Current vs Prior -19.24%

Prior 7-Day Total 22,189,125

Calls: 13,501,370 (61%)

Puts: 8,687,755 (39%)

Prior 7-Day Average 3,698,187

Calls: 2,250,228 (61%)

Puts: 1,447,959 (39%)

Current vs Prior 7-Day Avg -25.89%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/21) | Next (09/23)Expiry (09/25) | Next (10/02)Expiry (09/21) | Next (10/16)

Current 0.62% | 1.05%1.32% | 2.01%0.62% | 2.64%

Prior 0.87% | 1.19%0.64% | 1.51%0.64% | 3.18%

Current vs Prior -28.63% | -11.91%+106.34% | +32.47%-2.56% | -16.82%

Prior 7-Day Avg 0.88% | 1.28%1.10% | 1.84%1.00% | 3.43%

Current vs 7-Day Avg -29.45% | -17.91%+20.25% | +9.21%-37.73% | -23.07%

Prior 7-Day Eod 0.87% | 1.19%0.64% | 1.51%0.64% | 3.18%

Current vs 7-Day Eod -28.63% | -11.91%+106.34% | +32.47%-2.56% | -16.82%

Sentiment BULLISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 15.97% | 2.33%

Calls: 11.11% | 2.17%

Puts: 20.83% | 2.50%

Prior 2.79% | 2.01%

Calls: 2.63% | 1.89%

Puts: 2.94% | 2.13%

Current vs Prior +472.40% | +15.92%

Prior 7-Day Avg 8.18% | 3.12%

Calls: 9.80% | 2.78%

Puts: 6.57% | 3.45%

Current vs 7-Day Avg +95.15% | -25.28%

Liquidity Good

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🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($8.73M) vs puts ($2.18M). Below-average activity with volume down 51% vs prior. Extreme bullish P/C ratio of 0.32 - heavy call buying (194,400 calls vs 61,707 puts). P/C ratio dropping 55% - 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 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 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 302 of results (avg 2.9%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 30	1.64	1.65	$1.65	0.6%	655	0.59	1.6K
$81.00	Oct 16	1.34	1.35	$1.35	0.7%	4.6K	0.62	30.9K
$81.00	Oct 9	1.20	1.21	$1.21	0.8%	299	0.64	1.8K
$70.00	Sep 25	11.75	11.85	$11.80	0.8%	--	1.00	26
$82.00	Oct 30	1.08	1.09	$1.09	0.9%	1.3K	0.45	4.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$98.00	Sep 21	16.15	16.30	$16.23	0.9%	2	1.00	--
$97.00	Sep 21	15.15	15.30	$15.23	1.0%	2	1.00	--
$81.50	Oct 23	0.95	0.96	$0.96	1.0%	456	0.50	986
$83.00	Oct 30	1.91	1.93	$1.92	1.0%	5	0.67	1.6K
$96.00	Sep 21	14.15	14.30	$14.23	1.1%	4	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 119 found (avg $0.34, cheapest $0.27)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 21	0.25	0.28	$0.27	11.1%	9.5K	0.96	5.0K
$82.50	Sep 23	0.05	0.06	$0.06	16.7%	1.7K	0.15	1.0K
$82.00	Sep 23	0.18	0.19	$0.19	5.3%	11.9K	0.38	4.0K
$83.00	Sep 25	0.05	0.06	$0.06	16.7%	891	0.11	18.4K
$82.50	Sep 25	0.13	0.14	$0.14	7.1%	2.1K	0.23	9.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 23	0.05	0.06	$0.06	16.7%	921	0.14	9.2K
$81.50	Sep 23	0.16	0.17	$0.17	5.9%	2.2K	0.35	2.2K
$80.50	Sep 25	0.06	0.07	$0.07	14.3%	477	0.12	5.5K
$81.00	Sep 25	0.13	0.14	$0.14	7.1%	2.3K	0.22	40.2K
$82.00	Sep 23	0.39	0.40	$0.40	2.5%	600	0.62	2.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 233 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Sep 21	13.70	13.85	$13.77	1.1%	8	1.00	--
$69.00	Sep 21	12.70	12.85	$12.77	1.2%	8	1.00	--
$70.00	Sep 21	11.70	11.85	$11.77	1.3%	20	1.00	--
$71.00	Sep 21	10.70	10.85	$10.77	1.4%	22	1.00	--
$72.00	Sep 21	9.70	9.85	$9.77	1.5%	54	1.00	79

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$87.00	Sep 25	5.15	5.30	$5.23	2.9%	1	1.00	--
$97.00	Sep 21	15.15	15.30	$15.23	1.0%	2	1.00	--
$98.00	Sep 21	16.15	16.30	$16.23	0.9%	2	1.00	--
$93.00	Sep 21	11.15	11.30	$11.23	1.3%	13	1.00	--
$94.00	Sep 21	12.15	12.30	$12.23	1.2%	27	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 357 active (total vol 253.3K, top 21.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 25	0.30	0.31	$0.31	3.2%	21.8K	0.42	35.1K
$82.00	Sep 30	0.46	0.47	$0.47	2.1%	20.3K	0.44	68.5K
$83.00	Oct 16	0.41	0.42	$0.42	2.4%	12.2K	0.28	208.8K
$84.00	Oct 16	0.20	0.21	$0.21	4.8%	11.9K	0.16	98.5K
$82.00	Sep 23	0.18	0.19	$0.19	5.3%	11.9K	0.38	4.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 21	0.00	0.01	$0.01	100.0%	7.2K	0.07	1.6K
$80.00	Oct 16	0.36	0.37	$0.37	2.7%	7.0K	0.26	40.0K
$80.50	Sep 23	0.01	0.02	$0.02	50.0%	3.3K	0.05	3.2K
$82.00	Oct 16	1.11	1.13	$1.12	1.8%	3.1K	0.58	37.0K
$77.50	Oct 2	0.02	0.03	$0.03	33.3%	2.6K	0.03	453

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. 68 found (best R:R 1.22, avg 1.98)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$82.00	Sep 21	$0.26	$0.24	$0.26	96%	0.92	$81.76
$83.00	$83.50	Oct 16	$0.11	$0.39	$0.11	28%	3.55	$83.11
$81.00	$82.00	Sep 30	$0.61	$0.39	$0.61	72%	0.64	$81.61
$83.50	$84.00	Oct 23	$0.10	$0.40	$0.10	24%	4.00	$83.60
$81.50	$82.00	Sep 23	$0.27	$0.23	$0.27	65%	0.85	$81.77

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Oct 30	$0.45	$0.55	$0.45	56%	1.22	$81.55
$81.00	$80.00	Oct 30	$0.31	$0.69	$0.31	43%	2.23	$80.69
$82.00	$81.50	Oct 16	$0.25	$0.25	$0.25	58%	1.00	$81.75
$81.00	$80.50	Oct 16	$0.16	$0.34	$0.16	41%	2.12	$80.84
$80.50	$80.00	Oct 23	$0.13	$0.37	$0.13	34%	2.85	$80.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 40 found (best R:R 0.47, avg 0.43)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 30	$0.32	$0.32	$0.68	56%	0.47	$82.32
$82.00	$83.00	Oct 30	$0.41	$0.41	$0.59	55%	0.69	$82.41
$83.00	$84.00	Oct 30	$0.28	$0.28	$0.72	67%	0.39	$83.28
$82.00	$82.50	Sep 23	$0.13	$0.13	$0.37	62%	0.35	$82.13
$82.00	$82.50	Sep 25	$0.17	$0.17	$0.33	58%	0.52	$82.17

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Sep 23	$0.11	$0.11	$0.39	65%	0.28	$81.39
$81.00	$80.00	Sep 30	$0.15	$0.15	$0.85	72%	0.18	$80.85
$80.50	$80.00	Oct 2	$0.10	$0.10	$0.40	74%	0.25	$80.40
$80.50	$80.00	Oct 9	$0.12	$0.12	$0.38	70%	0.32	$80.38
$81.50	$81.00	Sep 25	$0.13	$0.13	$0.37	62%	0.35	$81.37

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. 184 found (cheapest 0.31% of stock, avg 4.15%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Sep 21	$0.01	$0.24	$0.25	$81.75	$82.25	0.31%
$81.50	Sep 21	$0.27	$0.01	$0.28	$81.22	$81.78	0.34%
$82.00	Sep 23	$0.19	$0.40	$0.59	$81.41	$82.59	0.72%
$81.50	Sep 23	$0.46	$0.17	$0.63	$80.87	$82.13	0.77%
$81.00	Sep 21	$0.76	$0.01	$0.77	$80.23	$81.77	0.94%
$82.00	Sep 25	$0.31	$0.49	$0.80	$81.20	$82.80	0.98%
$82.50	Sep 23	$0.06	$0.77	$0.83	$81.67	$83.33	1.01%
$81.50	Sep 25	$0.59	$0.27	$0.86	$80.64	$82.36	1.05%
$81.00	Sep 23	$0.85	$0.06	$0.91	$80.09	$81.91	1.11%
$82.00	Sep 28	$0.37	$0.54	$0.91	$81.09	$82.91	1.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 168 found (cheapest 0.02% of stock, avg 0.83%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.00	$81.50	Sep 21	$0.01	$0.01	$0.02	$81.48	$82.02
$83.50	$80.00	Sep 25	$0.03	$0.03	$0.06	$79.94	$83.56
$83.50	$80.00	Sep 28	$0.04	$0.05	$0.09	$79.91	$83.59
$83.00	$80.00	Sep 25	$0.06	$0.03	$0.09	$79.91	$83.09
$83.50	$80.50	Sep 25	$0.03	$0.07	$0.10	$80.40	$83.60
$82.50	$81.00	Sep 23	$0.06	$0.06	$0.12	$80.88	$82.62
$83.00	$80.50	Sep 25	$0.06	$0.07	$0.13	$80.37	$83.13
$83.50	$80.50	Sep 28	$0.04	$0.09	$0.13	$80.37	$83.63
$84.00	$80.00	Sep 30	$0.05	$0.09	$0.14	$79.86	$84.14
$83.00	$80.00	Sep 28	$0.09	$0.05	$0.14	$79.86	$83.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 1.00, avg credit $0.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	83/84	Oct 23	$0.25	$0.25	42%	1.00	$79.75	$83.25
80/80	84/84	Oct 16	$0.23	$0.27	46%	0.85	$80.27	$83.73
80/80	82/83	Oct 2	$0.23	$0.27	45%	0.85	$80.27	$82.73
80/80	84/84	Oct 23	$0.21	$0.29	48%	0.72	$79.79	$83.71
80/80	82/83	Oct 9	$0.26	$0.24	37%	1.08	$80.24	$82.76
80/80	83/84	Oct 23	$0.27	$0.23	35%	1.17	$80.23	$83.27
80/80	83/84	Oct 16	$0.24	$0.26	40%	0.92	$80.26	$83.24
80/80	84/84	Oct 23	$0.23	$0.27	41%	0.85	$80.27	$83.73
78/79	83/84	Oct 30	$0.40	$0.60	48%	0.67	$78.60	$83.40
78/79	84/85	Oct 30	$0.29	$0.71	58%	0.41	$78.71	$84.29

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 86 found (best R:R 1.17, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Sep 21	$0.23	$0.27	90%	1.17
$81.50	$82.00	$82.50	Sep 21	$0.26	$0.24	93%	0.92
$81.00	$82.00	$83.00	Sep 30	$0.29	$0.71	53%	2.45
$80.00	$81.00	$82.00	Sep 30	$0.23	$0.77	44%	3.35
$80.00	$81.00	$82.00	Oct 30	$0.13	$0.87	29%	6.69

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Sep 21	$0.23	$0.27	90%	1.17
$80.00	$81.00	$82.00	Sep 30	$0.23	$0.77	44%	3.35
$79.00	$80.00	$81.00	Sep 30	$0.09	$0.91	24%	10.11
$81.00	$82.00	$83.00	Sep 30	$0.32	$0.68	53%	2.12
$81.00	$81.50	$82.00	Sep 23	$0.12	$0.38	48%	3.17

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 128 found (best net $-0.79, 110 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$69.00	$75.00	1:2	Sep 23	-$0.79	$5.21
$70.00	$75.00	1:2	Sep 30	-$1.83	$3.17
$70.00	$75.00	1:2	Oct 30	-$1.87	$3.13
$70.00	$75.00	1:2	Sep 25	-$1.86	$3.14
$80.00	$81.00	1:2	Sep 30	-$0.24	$0.76

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$92.00	$87.50	1:2	Oct 23	-$1.51	$2.99
$87.00	$85.00	1:2	Sep 30	-$1.27	$0.73
$84.00	$83.00	1:2	Sep 30	-$0.40	$0.60
$82.50	$82.00	1:2	Sep 25	-$0.15	$0.35
$83.00	$82.50	1:2	Sep 23	-$0.29	$0.21

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 44 found (best yield 1.32%, avg 0.37%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$1.08	0.45	0.3%	1.32%	1.59%	1.3K	4.2K
$83.00	Oct 30	$0.67	0.33	1.5%	0.82%	2.31%	539	2.8K
$82.00	Oct 23	$0.92	0.44	0.3%	1.12%	1.39%	1.6K	2.4K
$82.50	Oct 23	$0.70	0.37	0.9%	0.86%	1.74%	84	2.7K
$83.00	Oct 23	$0.53	0.30	1.5%	0.65%	2.14%	610	26.4K
$84.00	Oct 30	$0.39	0.22	2.7%	0.48%	3.19%	1.9K	3.4K
$82.00	Oct 16	$0.78	0.43	0.3%	0.95%	1.22%	10.9K	94.1K
$82.50	Oct 16	$0.58	0.35	0.9%	0.71%	1.59%	159	--
$83.50	Oct 23	$0.39	0.24	2.1%	0.48%	2.58%	1.0K	866
$83.00	Oct 16	$0.41	0.28	1.5%	0.50%	1.99%	12.2K	208.8K

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 194,400

Total Puts 61,707

Put/Call Ratio 0.32

Net Difference 132,693

Prior's Put/Call Breakdown

Total Calls 306,999

Total Puts 214,664

Put/Call Ratio 0.70

Net Difference 92,335

Prior 7-Day Put/Call Summary

Total Calls 2,289,593

Total Puts 1,181,499

Average Put/Call Ratio 0.53

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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