TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.80 +0.68%

$81.81 (+0.01%)🌙

as of 09/21 07:06 PM

(9/21 16:00) ◀

Monday, September 21, 2026 (7:06pm)

▶ (9/22 10:00)

◀ 9/21 19:06 ▶

Option Volume

Detail

ℹ

Current (09/21) 280,157

Calls: 211,308 (75%)

Puts: 68,849 (25%)

Prior (09/18) 521,663

Calls: 306,999 (59%)

Puts: 214,664 (41%)

Current vs Prior -46.30%

Calls: -31.17% (Calls)

Puts: -67.93% (Puts)

Prior 7-Day Total 3,727,199

Calls: 2,483,993 (67%)

Puts: 1,243,206 (33%)

Prior 7-Day Average 532,457

Calls: 354,856 (67%)

Puts: 177,600 (33%)

Current vs Prior 7-Day Avg -47.38%

Calls: -40.45%

Puts: -61.23%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/21) $11.88M

Calls: $9.64M (81%)

Puts: $2.24M (19%)

Prior (09/18) $19.68M

Calls: $11.14M (57%)

Puts: $8.54M (43%)

Current vs Prior -39.64%

Calls: -13.50%

Puts: -73.75%

Prior 7-Day Total $262.66M

Calls: $151.95M (58%)

Puts: $110.71M (42%)

Prior 7-Day Average $37.52M

Calls: $21.71M (58%)

Puts: $15.82M (42%)

Current vs Prior 7-Day Avg -68.35%

Calls: -55.61%

Puts: -85.83%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21) 0.33

Prior (09/18) 0.70

Current vs Prior -53.40%

Prior 7-Day Average 0.50

Current vs Prior 7-Day Avg -35.20%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/21) 2,397,110

Calls: 1,557,213 (65%)

Puts: 839,897 (35%)

Prior (09/18) 3,393,554

Calls: 2,102,026 (62%)

Puts: 1,291,528 (38%)

Current vs Prior -29.36%

Prior 7-Day Total 24,929,912

Calls: 15,319,033 (61%)

Puts: 9,610,879 (39%)

Prior 7-Day Average 3,561,416

Calls: 2,188,433 (61%)

Puts: 1,372,982 (39%)

Current vs Prior 7-Day Avg -32.69%

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% | 2.00%0.62% | 2.64%

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

Current vs Prior +20.31% | +10.59%+106.30% | +32.44%-2.58% | -16.84%

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

Current vs 7-Day Avg +18.93% | +3.06%+20.22% | +9.19%-37.74% | -23.09%

Prior 7-Day Eod 0.62% | 1.05%0.64% | 1.51%0.64% | 3.18%

Current vs 7-Day Eod +68.59% | +25.55%+106.30% | +32.44%-2.58% | -16.84%

Sentiment BEARISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 3.44% | 1.88%

Calls: 4.17% | 1.64%

Puts: 2.70% | 2.13%

Prior 2.79% | 2.01%

Calls: 2.63% | 1.89%

Puts: 2.94% | 2.13%

Current vs Prior +23.30% | -6.47%

Prior 7-Day Avg 9.30% | 3.01%

Calls: 9.80% | 2.78%

Puts: 6.57% | 3.45%

Current vs 7-Day Avg -62.99% | -37.45%

Liquidity Good

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🤖 AI Insights

Strong bullish conviction with 81% of dollar volume in calls ($9.64M) vs puts ($2.24M). Below-average activity with volume down 46% vs prior. Extreme bullish P/C ratio of 0.33 - heavy call buying (211,308 calls vs 68,849 puts). P/C ratio dropping 53% - 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 BEARISH

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 226 of results (avg 3.3%, best 0.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.50	Oct 23	1.85	1.86	$1.86	0.5%	26	0.69	460
$81.00	Oct 30	1.67	1.68	$1.67	0.6%	661	0.60	1.6K
$68.00	Sep 23	13.80	13.90	$13.85	0.7%	18	1.00	--
$81.00	Oct 16	1.37	1.38	$1.38	0.7%	4.6K	0.62	30.9K
$69.00	Sep 23	12.80	12.90	$12.85	0.8%	18	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$98.00	Sep 21	16.10	16.25	$16.18	0.9%	2	1.00	--
$97.00	Sep 21	15.10	15.25	$15.18	1.0%	2	1.00	--
$82.00	Oct 9	0.97	0.98	$0.98	1.0%	276	0.58	1.3K
$96.00	Sep 21	14.10	14.25	$14.18	1.1%	4	1.00	--
$83.00	Oct 30	1.87	1.89	$1.88	1.1%	5	0.67	1.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 117 found (avg $0.34, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 23	0.06	0.07	$0.07	14.3%	1.7K	0.17	1.0K
$82.00	Sep 23	0.20	0.21	$0.21	4.8%	13.7K	0.40	4.0K
$83.00	Sep 25	0.06	0.07	$0.07	14.3%	1.0K	0.13	18.4K
$82.50	Sep 25	0.14	0.15	$0.15	6.7%	3.5K	0.25	9.1K
$83.00	Sep 28	0.08	0.09	$0.09	11.1%	225	0.15	1.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 23	0.14	0.15	$0.15	6.7%	2.9K	0.32	2.2K
$80.50	Sep 25	0.05	0.06	$0.06	16.7%	480	0.11	5.5K
$81.00	Sep 25	0.11	0.12	$0.12	8.3%	3.3K	0.20	40.2K
$82.00	Sep 23	0.36	0.37	$0.37	2.7%	622	0.60	2.6K
$80.50	Sep 28	0.07	0.08	$0.08	12.5%	613	0.13	1.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 155 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Sep 21	13.75	13.90	$13.83	1.1%	8	1.00	--
$69.00	Sep 21	12.75	12.90	$12.83	1.2%	8	1.00	--
$70.00	Sep 21	11.75	11.90	$11.83	1.3%	20	1.00	--
$71.00	Sep 21	10.75	10.90	$10.83	1.4%	22	1.00	--
$72.00	Sep 21	9.75	9.90	$9.82	1.5%	54	1.00	79

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Sep 23	1.62	1.73	$1.68	6.5%	2	1.00	--
$86.00	Sep 23	4.10	4.25	$4.18	3.6%	1	1.00	--
$87.00	Sep 23	5.10	5.25	$5.18	2.9%	9	1.00	--
$87.00	Sep 25	5.10	5.25	$5.18	2.9%	1	1.00	--
$85.00	Sep 30	3.10	3.25	$3.18	4.7%	1	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 367 active (total vol 277.3K, top 23.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 25	0.32	0.33	$0.33	3.0%	23.1K	0.44	35.1K
$82.00	Sep 30	0.48	0.49	$0.49	2.0%	20.4K	0.45	68.5K
$82.00	Sep 23	0.20	0.21	$0.21	4.8%	13.7K	0.40	4.0K
$83.00	Oct 16	0.43	0.44	$0.44	2.3%	12.7K	0.28	208.8K
$84.00	Oct 16	0.22	0.23	$0.23	4.3%	12.0K	0.17	98.5K

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	0.06	1.6K
$80.00	Oct 16	0.35	0.36	$0.36	2.8%	7.0K	0.25	40.0K
$81.00	Sep 25	0.11	0.12	$0.12	8.3%	3.3K	0.20	40.2K
$80.50	Sep 23	0.01	0.02	$0.02	50.0%	3.3K	0.05	3.2K
$82.00	Oct 16	1.08	1.10	$1.09	1.8%	3.2K	0.57	37.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 1 strikes (avg 0.2%, max 0.2%)

CALLS (0)

No calls found

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$82.50	Sep 23	Oct 23	11.9%	11.9%	0.2%	72	1.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 67 found (best R:R 1.27, avg 1.94)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$82.00	Sep 23	$0.28	$0.22	$0.28	68%	0.79	$81.78
$81.00	$82.00	Sep 30	$0.63	$0.37	$0.63	73%	0.59	$81.63
$81.50	$82.00	Sep 21	$0.33	$0.17	$0.33	96%	0.52	$81.83
$83.00	$83.50	Oct 16	$0.12	$0.38	$0.12	28%	3.17	$83.12
$83.00	$83.50	Oct 9	$0.10	$0.40	$0.10	25%	4.00	$83.10

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Oct 30	$0.44	$0.56	$0.44	55%	1.27	$81.56
$82.00	$81.50	Oct 23	$0.24	$0.26	$0.24	56%	1.08	$81.76
$81.50	$81.00	Oct 23	$0.20	$0.30	$0.20	49%	1.50	$81.30
$82.50	$82.00	Sep 28	$0.31	$0.19	$0.31	72%	0.61	$82.19
$81.50	$81.00	Oct 16	$0.20	$0.30	$0.20	49%	1.50	$81.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 37 found (best R:R 0.49, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 30	$0.33	$0.33	$0.67	55%	0.49	$82.33
$82.00	$83.00	Oct 30	$0.42	$0.42	$0.58	55%	0.72	$82.42
$82.00	$82.50	Oct 2	$0.20	$0.20	$0.30	58%	0.67	$82.20
$83.00	$84.00	Sep 30	$0.11	$0.11	$0.89	80%	0.12	$83.11
$83.00	$84.00	Oct 30	$0.28	$0.28	$0.72	67%	0.39	$83.28

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Sep 30	$0.15	$0.15	$0.85	73%	0.18	$80.85
$81.50	$81.00	Sep 25	$0.13	$0.13	$0.37	64%	0.35	$81.37
$81.00	$80.50	Oct 2	$0.14	$0.14	$0.36	65%	0.39	$80.86
$81.50	$81.00	Sep 28	$0.13	$0.13	$0.37	62%	0.35	$81.37
$80.50	$80.00	Oct 9	$0.11	$0.11	$0.39	71%	0.28	$80.39

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. 114 found (cheapest 0.22% of stock, avg 3.14%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Sep 21	$0.01	$0.17	$0.18	$81.82	$82.18	0.22%
$81.50	Sep 21	$0.34	$0.01	$0.35	$81.15	$81.85	0.43%
$82.00	Sep 23	$0.21	$0.37	$0.58	$81.42	$82.58	0.71%
$81.50	Sep 23	$0.49	$0.15	$0.64	$80.86	$82.14	0.78%
$82.50	Sep 23	$0.07	$0.72	$0.79	$81.71	$83.29	0.97%
$82.00	Sep 25	$0.33	$0.46	$0.79	$81.21	$82.79	0.97%
$81.00	Sep 21	$0.84	$0.01	$0.85	$80.15	$81.85	1.04%
$81.50	Sep 25	$0.62	$0.25	$0.87	$80.63	$82.37	1.06%
$82.00	Sep 28	$0.39	$0.51	$0.90	$81.10	$82.90	1.10%
$81.00	Sep 23	$0.89	$0.05	$0.94	$80.06	$81.94	1.15%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.02% of stock, avg 0.88%)

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
$83.00	$81.00	Sep 23	$0.02	$0.05	$0.07	$80.93	$83.07
$83.50	$80.00	Sep 28	$0.05	$0.04	$0.09	$79.91	$83.59
$83.50	$80.50	Sep 25	$0.03	$0.06	$0.09	$80.41	$83.59
$83.00	$80.00	Sep 25	$0.07	$0.03	$0.10	$79.90	$83.10
$82.50	$81.00	Sep 23	$0.07	$0.05	$0.12	$80.88	$82.62
$83.00	$80.50	Sep 25	$0.07	$0.06	$0.13	$80.37	$83.13
$84.00	$80.00	Sep 30	$0.05	$0.08	$0.13	$79.87	$84.13
$83.50	$80.50	Sep 28	$0.05	$0.08	$0.13	$80.37	$83.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 9 found (best R:R 1.17, avg credit $0.31)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	83/84	Oct 23	$0.27	$0.23	36%	1.17	$80.23	$83.27
80/80	83/84	Oct 9	$0.21	$0.29	46%	0.72	$80.29	$83.21
80/80	83/84	Oct 16	$0.24	$0.26	40%	0.92	$80.26	$83.24
80/80	82/83	Oct 9	$0.25	$0.25	38%	1.00	$80.25	$82.75
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
79/80	83/84	Oct 30	$0.48	$0.52	38%	0.92	$79.52	$83.48
79/80	84/85	Oct 30	$0.37	$0.63	49%	0.59	$79.63	$84.37
80/81	83/84	Sep 30	$0.26	$0.74	53%	0.35	$80.74	$83.26

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 65 found (best R:R 2.12, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Sep 21	$0.17	$0.33	89%	1.94
$81.50	$82.00	$82.50	Sep 21	$0.33	$0.17	92%	0.52
$81.00	$82.00	$83.00	Sep 30	$0.30	$0.70	53%	2.33
$80.00	$81.00	$82.00	Sep 30	$0.23	$0.77	44%	3.35
$81.00	$81.50	$82.00	Sep 23	$0.12	$0.38	47%	3.17

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Sep 21	$0.16	$0.34	89%	2.12
$80.00	$81.00	$82.00	Sep 30	$0.21	$0.79	44%	3.76
$81.50	$82.00	$82.50	Sep 23	$0.13	$0.37	52%	2.85
$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	47%	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. 125 found (best net $-1.46, 104 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$78.00	$80.00	1:2	Sep 30	-$0.03	$1.97
$77.00	$79.00	1:2	Oct 23	-$1.17	$0.83
$78.00	$79.50	1:2	Sep 21	-$0.85	$0.65
$80.00	$81.00	1:2	Sep 30	-$0.26	$0.74
$81.00	$81.50	1:2	Sep 23	-$0.09	$0.41

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$92.00	$87.50	1:2	Oct 23	-$1.46	$3.04
$86.00	$84.00	1:2	Oct 2	-$0.51	$1.49
$85.00	$83.00	1:2	Oct 30	-$0.26	$1.74
$85.00	$83.50	1:2	Oct 9	-$0.67	$0.83
$84.00	$83.00	1:2	Sep 30	-$0.36	$0.64

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 46 found (best yield 1.34%, avg 0.37%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$1.10	0.45	0.2%	1.34%	1.59%	1.3K	4.2K
$83.00	Oct 30	$0.68	0.33	1.5%	0.83%	2.30%	566	2.8K
$82.00	Oct 23	$0.94	0.45	0.2%	1.15%	1.39%	1.6K	2.4K
$82.50	Oct 23	$0.72	0.38	0.9%	0.88%	1.74%	129	2.7K
$83.00	Oct 23	$0.54	0.31	1.5%	0.66%	2.13%	623	26.4K
$84.00	Oct 30	$0.40	0.23	2.7%	0.49%	3.18%	2.0K	3.4K
$82.00	Oct 16	$0.80	0.44	0.2%	0.98%	1.22%	11.0K	94.1K
$82.50	Oct 16	$0.59	0.36	0.9%	0.72%	1.58%	199	--
$83.50	Oct 23	$0.40	0.25	2.1%	0.49%	2.57%	1.1K	866
$83.00	Oct 16	$0.43	0.28	1.5%	0.53%	1.99%	12.7K	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 211,308

Total Puts 68,849

Put/Call Ratio 0.33

Net Difference 142,459

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 2,483,993

Total Puts 1,243,206

Average Put/Call Ratio 0.50

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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