Tour v388
TLT
iShares 20+ Year Treasury Bond ETF
$83.59 -0.08%
(7/22 10:00) ◀
|
Wednesday, July 22, 2026 (11:00am)
January 2026
|
▶ (7/22 12:01)
◀ 7/22 11:25 ▶

Option Volume

Detail
ℹ
Current (07/22 11:00am) 68,751
Calls: 36,121 (53%)
Puts: 32,630 (47%)
Prior (07/21) 75,541
Calls: 47,271 (63%)
Puts: 28,270 (37%)
Current vs Prior -8.99%
Calls: -23.59% (Calls)
Puts: +15.42% (Puts)
Prior 7-Day Total 2,564,774
Calls: 1,730,119 (67%)
Puts: 834,655 (33%)
Prior 7-Day Average 366,396
Calls: 247,159 (67%)
Puts: 119,236 (33%)
Current vs Prior 7-Day Avg -81.24%
Calls: -85.39%
Puts: -72.63%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/22 11:00am) $7.07M
Calls: $3.92M (56%)
Puts: $3.14M (44%)
Prior (07/21) $5.36M
Calls: $3.85M (72%)
Puts: $1.50M (28%)
Current vs Prior +31.90%
Calls: +1.84%
Puts: +108.95%
Prior 7-Day Total $357.37M
Calls: $306.93M (86%)
Puts: $50.44M (14%)
Prior 7-Day Average $51.05M
Calls: $43.85M (86%)
Puts: $7.21M (14%)
Current vs Prior 7-Day Avg -86.16%
Calls: -91.05%
Puts: -56.42%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/22 11:00am) 0.90
Prior (07/21) 0.60
Current vs Prior +51.05%
Prior 7-Day Average 0.48
Current vs Prior 7-Day Avg +87.93%
Sentiment NEUTRAL

Open Interest

Detail
ℹ
Current (07/22 11:00am) 1,774,822
Calls: 1,110,145 (63%)
Puts: 664,677 (37%)
Prior (07/21) 1,706,858
Calls: 1,065,902 (62%)
Puts: 640,956 (38%)
Current vs Prior +3.98%
Prior 7-Day Total 16,349,919
Calls: 9,604,865 (59%)
Puts: 6,745,054 (41%)
Prior 7-Day Average 2,335,702
Calls: 1,372,123 (59%)
Puts: 963,579 (41%)
Current vs Prior 7-Day Avg -24.01%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/22) | Next (07/24)Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 0.68% | 1.02%1.02% | 1.64%2.72% | 4.03%
Prior 0.79% | 1.09%1.09% | 1.66%2.69% | 3.99%
Current vs Prior -13.56% | -6.52%-6.51% | -1.35%+0.97% | +0.98%
Prior 7-Day Avg 0.90% | 1.13%1.02% | 1.54%1.04% | 3.16%
Current vs 7-Day Avg -24.28% | -10.15%-0.64% | +6.08%+161.19% | +27.48%
Prior 7-Day Eod 0.79% | 1.09%1.08% | 1.66%2.69% | 3.99%
Current vs 7-Day Eod -13.56% | -6.52%-5.47% | -1.35%+0.97% | +0.98%
Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 10.48% | 3.43%
Calls: 6.67% | 2.86%
Puts: 14.29% | 4.00%
Prior 6.88% | 3.22%
Calls: 4.00% | 2.44%
Puts: 9.76% | 4.00%
Current vs Prior +52.33% | +6.52%
Prior 7-Day Avg 6.39% | 3.16%
Calls: 5.23% | 2.67%
Puts: 7.55% | 3.65%
Current vs 7-Day Avg +63.97% | +8.40%
Liquidity Acceptable
+
Add Card

🤖 AI Insights

P/C ratio rising 51% - increased hedging/bearish positioning. Call-heavy open interest (1,110,145 calls vs 664,677 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
11:00BULLISHNEUTRALBULLISH
10:00BULLISHBULLISHBULLISH

📈 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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 319 of results (avg 3.1%, best 0.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.00Aug 211.301.31$1.310.8%750.588.1K
$83.50Aug 281.161.17$1.170.9%410.48273
$67.00Aug 2116.6016.75$16.680.9%--1.0047
$83.00Jul 310.970.98$0.981.0%1110.68390
$69.00Aug 2114.6014.75$14.681.0%--1.00134
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 2216.3516.50$16.430.9%901.00--
$99.00Jul 2215.3515.50$15.431.0%901.00--
$98.00Jul 2214.3514.50$14.431.0%1071.00--
$97.00Jul 2213.3513.50$13.431.1%1071.00--
$96.00Aug 2112.5512.70$12.631.2%--0.99136

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 150 found (avg $0.33, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$86.00Aug 30.050.06$0.0616.7%290.07149
$86.50Aug 50.050.06$0.0616.7%120.06--
$87.00Aug 70.050.06$0.0616.7%10.062.0K
$88.00Aug 140.050.06$0.0616.7%--0.051.4K
$89.00Aug 210.050.06$0.0616.7%370.0448.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.50Jul 220.050.06$0.0616.7%2.1K0.359.6K
$82.50Jul 270.050.06$0.0616.7%850.12345
$80.00Aug 70.050.06$0.0616.7%10.065.2K
$79.00Aug 140.050.06$0.0616.7%--0.05936
$82.00Jul 290.060.07$0.0714.3%510.101.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 236 found (avg delta 0.89, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 2213.5013.65$13.581.1%1131.0074
$71.00Jul 2212.5012.65$12.581.2%1051.0066
$72.00Jul 2211.5011.65$11.581.3%1091.0061
$73.00Jul 2210.5010.65$10.581.4%1011.0061
$74.00Jul 229.509.65$9.571.6%631.0059
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.50Jul 241.881.94$1.913.1%291.005
$86.00Jul 242.382.44$2.412.5%--1.0083
$88.00Jul 244.354.45$4.402.3%--1.00965
$87.50Jul 313.854.00$3.933.8%--1.0010
$98.00Jul 2214.3514.50$14.431.0%1071.00--

Most actively traded options today. High liquidity = easy entry/exit. 332 active (total vol 68.6K, top 5.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.50Aug 211.011.03$1.022.0%5.8K0.48548
$83.50Jul 220.140.15$0.156.7%3.4K0.651.1K
$84.00Jul 220.000.01$0.01100.0%2.6K0.051.6K
$84.00Jul 240.110.12$0.128.3%2.5K0.288.1K
$85.00Jul 310.120.13$0.137.7%2.1K0.1719.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.50Aug 210.960.99$0.983.1%5.0K0.53445
$83.00Aug 210.740.76$0.752.7%3.6K0.4459.1K
$82.50Aug 70.370.38$0.382.6%2.7K0.322.4K
$83.50Jul 220.050.06$0.0616.7%2.1K0.359.6K
$83.00Jul 220.000.01$0.01100.0%1.7K0.042.6K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 76 strikes (avg 468.6%, max 1154.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$72.00Jul 22Aug 21238.1%19.0%1154.0%42561
$71.00Jul 22Aug 21258.2%20.6%1151.8%321122
$70.00Jul 22Aug 21278.5%22.3%1149.6%235226
$75.00Jul 22Aug 21178.5%16.1%1006.8%116165
$76.00Jul 22Aug 21158.9%15.4%930.0%104147
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$96.00Jul 22Aug 21219.3%20.7%957.1%26136
$95.00Jul 22Aug 21204.5%19.4%956.0%27137
$94.00Jul 22Aug 21189.4%19.3%881.4%62212
$93.00Jul 22Aug 21174.0%17.8%879.2%165139
$92.00Jul 22Aug 21158.3%16.3%870.1%161255

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 79 found (best R:R 8.09, avg 1.80)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$84.50$85.00Jul 31$0.10$0.40$0.104.00$84.60
$84.50$85.00Aug 3$0.10$0.40$0.104.00$84.60
$85.00$85.50Aug 14$0.10$0.40$0.104.00$85.10
$84.00$84.50Jul 27$0.11$0.39$0.113.55$84.11
$84.50$85.00Aug 7$0.11$0.39$0.113.55$84.61
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$82.00$81.00Aug 5$0.11$0.89$0.118.09$81.89
$83.00$82.50Jul 29$0.10$0.40$0.104.00$82.90
$82.00$81.50Aug 14$0.11$0.39$0.113.55$81.89
$83.00$82.50Jul 31$0.12$0.38$0.123.17$82.88
$82.50$82.00Aug 7$0.12$0.38$0.123.17$82.38

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 103 found (best R:R 9.00, avg 1.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$82.00$83.00Jul 27$0.90$0.90$0.109.00$82.90
$81.50$83.00Aug 5$1.26$1.26$0.245.25$82.76
$82.50$83.00Aug 3$0.39$0.39$0.113.55$82.89
$81.50$82.00Aug 21$0.39$0.39$0.113.55$81.89
$82.50$83.00Jul 31$0.38$0.38$0.123.17$82.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$84.50$84.00Jul 27$0.40$0.40$0.104.00$84.10
$85.50$85.00Aug 21$0.40$0.40$0.104.00$85.10
$85.50$85.00Aug 28$0.38$0.38$0.123.17$85.12
$84.50$84.00Aug 3$0.37$0.37$0.132.85$84.13
$85.00$84.50Aug 14$0.37$0.37$0.132.85$84.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 24 found (avg debit $0.15, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$79.00Jul 22Jul 29$0.0799.9%16.7%
$70.00Jul 22Jul 31$0.10278.5%41.2%
$71.00Jul 22Aug 21$0.10258.2%20.6%
$72.00Jul 22Aug 3$0.10238.1%30.2%
$73.00Jul 22Aug 3$0.10218.1%27.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$83.00Jul 22Jul 24$0.0817.0%11.4%
$84.00Jul 22Jul 24$0.0812.6%10.2%
$83.50Jul 22Jul 24$0.1611.8%10.3%
$90.00Jul 22Aug 7$0.20125.7%16.6%
$91.00Jul 22Aug 7$0.20142.2%18.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 204 found (cheapest 0.25% of stock, avg 4.56%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$83.50Jul 22$0.15$0.06$0.21$83.29$83.710.25%
$84.00Jul 22$0.01$0.42$0.43$83.57$84.430.51%
$83.50Jul 24$0.35$0.22$0.57$82.93$84.070.68%
$83.00Jul 22$0.59$0.01$0.60$82.40$83.600.72%
$84.00Jul 24$0.12$0.50$0.62$83.38$84.620.74%
$83.50Jul 27$0.42$0.28$0.70$82.80$84.200.84%
$84.00Jul 27$0.19$0.55$0.74$83.26$84.740.89%
$83.00Jul 24$0.71$0.09$0.80$82.20$83.800.96%
$83.00Jul 27$0.77$0.13$0.90$82.10$83.901.08%
$84.50Jul 22$0.01$0.92$0.93$83.57$85.431.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 203 found (cheapest 0.08% of stock, avg 0.82%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$84.50$82.50Jul 24$0.04$0.03$0.07$82.43$84.57
$85.00$82.00Jul 27$0.04$0.03$0.07$81.93$85.07
$85.50$81.50Jul 29$0.05$0.04$0.09$81.41$85.59
$85.00$82.50Jul 27$0.04$0.06$0.10$82.40$85.10
$84.50$82.00Jul 27$0.08$0.03$0.11$81.89$84.61
$85.00$81.50Jul 29$0.08$0.04$0.12$81.38$85.12
$85.50$82.00Jul 29$0.05$0.07$0.12$81.88$85.62
$84.50$83.00Jul 24$0.04$0.09$0.13$82.87$84.63
$86.00$81.50Jul 31$0.05$0.08$0.13$81.37$86.13
$84.50$82.50Jul 27$0.08$0.06$0.14$82.36$84.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 16 found (best R:R 4.00, avg credit $0.38)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
82/8284/84Aug 28$0.40$0.104.00$82.10$83.90
83/8484/85Aug 28$0.39$0.113.55$83.11$84.89
82/8284/84Aug 28$0.37$0.132.85$81.63$83.87
82/8284/84Aug 28$0.36$0.142.57$82.14$84.36
82/8384/85Aug 28$0.36$0.142.57$82.64$84.86
82/8384/84Jul 29$0.34$0.162.13$82.66$83.84
82/8284/84Aug 28$0.33$0.171.94$81.67$84.33
82/8284/85Aug 28$0.32$0.181.78$82.18$84.82
82/8284/85Aug 28$0.29$0.211.38$81.71$84.79
82/8384/85Aug 5$0.55$0.451.22$82.45$84.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 75 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$77.00$78.00$79.00Aug 14$0.06$0.9415.67
$79.00$80.00$81.00Aug 14$0.09$0.9110.11
$82.50$83.00$83.50Jul 31$0.05$0.459.00
$83.00$83.50$84.00Aug 14$0.05$0.459.00
$82.00$82.50$83.00Aug 21$0.05$0.459.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$87.00$88.00$89.00Aug 21$0.05$0.9519.00
$80.00$81.00$82.00Aug 5$0.06$0.9415.67
$82.00$82.50$83.00Jul 24$0.05$0.459.00
$82.00$82.50$83.00Jul 29$0.05$0.459.00
$82.50$83.00$83.50Jul 31$0.05$0.459.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 147 found (best net $--, 133 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$96.00$100.001:2Aug 14-$0.01$3.99
$96.00$100.001:2Aug 28-$0.02$3.98
$97.00$100.001:2Jul 24-$0.01$2.99
$97.00$100.001:2Jul 31-$0.01$2.99
$97.00$100.001:2Aug 7-$0.01$2.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$75.00$70.001:2Aug 14$0.00$5.00
$75.00$70.001:2Jul 31-$0.01$4.99
$75.00$70.001:2Aug 7-$0.01$4.99
$74.00$70.001:2Jul 24-$0.01$3.99
$76.00$74.001:2Jul 24-$0.01$1.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 53 found (best yield 1.09%, avg 0.29%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$84.00Aug 28$0.910.420.5%1.09%1.58%1.3K3.3K
$84.00Aug 21$0.770.410.5%0.92%1.41%1.1K25.0K
$84.50Aug 28$0.700.351.1%0.84%1.93%994.2K
$84.00Aug 14$0.630.400.5%0.75%1.24%521.2K
$84.50Aug 21$0.570.341.1%0.68%1.77%12310
$85.00Aug 28$0.530.291.7%0.63%2.32%136689
$84.00Aug 7$0.490.380.5%0.59%1.08%180866
$84.50Aug 14$0.450.311.1%0.54%1.63%51.0K
$84.00Aug 5$0.430.370.5%0.51%1.00%585
$85.00Aug 21$0.420.271.7%0.50%2.19%34262.9K

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 36,121
Total Puts 32,630
Put/Call Ratio 0.90
Net Difference 3,491

Prior's Put/Call Breakdown

Total Calls 47,271
Total Puts 28,270
Put/Call Ratio 0.60
Net Difference 19,001

Prior 7-Day Put/Call Summary

Total Calls 1,730,119
Total Puts 834,655
Average Put/Call Ratio 0.48
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All