Tour v388
TLT
iShares 20+ Year Treasury Bond ETF
$83.44 -0.26%
$83.45 (+0.01%)🌙
as of 07/22 04:00 PM
(7/22 15:16) ◀
|
Wednesday, July 22, 2026 (4:00pm)
January 2026
|
▶ (7/22 21:06)
◀ 7/22 16:00 ▶

Option Volume

Detail
ℹ
Current (07/22 4:00pm) 180,536
Calls: 109,734 (61%)
Puts: 70,802 (39%)
Prior (07/21) 250,241
Calls: 186,821 (75%)
Puts: 63,420 (25%)
Current vs Prior -27.86%
Calls: -41.26% (Calls)
Puts: +11.64% (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 -50.73%
Calls: -55.60%
Puts: -40.62%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/22 4:00pm) $12.23M
Calls: $7.15M (58%)
Puts: $5.08M (42%)
Prior (07/21) $48.25M
Calls: $44.75M (93%)
Puts: $3.49M (7%)
Current vs Prior -74.65%
Calls: -84.03%
Puts: +45.50%
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 -76.05%
Calls: -83.70%
Puts: -29.48%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/22 4:00pm) 0.65
Prior (07/21) 0.34
Current vs Prior +90.07%
Prior 7-Day Average 0.48
Current vs Prior 7-Day Avg +34.22%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (07/22 4:00pm) 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 0.78% | 1.07%1.07% | 1.55%2.61% | 3.93%
Prior 0.79% | 1.09%1.09% | 1.66%2.69% | 3.99%
Current vs Prior +35.20% | +2.47%-1.94% | -6.95%-2.86% | -1.54%
Prior 7-Day Avg 0.90% | 1.13%1.02% | 1.54%1.04% | 3.16%
Current vs 7-Day Avg +18.44% | -1.52%+4.22% | +0.06%+151.29% | +24.30%
Prior 7-Day Eod 0.79% | 1.09%1.08% | 1.66%2.69% | 3.99%
Current vs 7-Day Eod +35.20% | +2.47%-0.86% | -6.95%-2.86% | -1.54%
Sentiment BEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 26.75% | 54.73%
Calls: 37.50% | 38.03%
Puts: 16.00% | 71.43%
Prior 6.88% | 3.22%
Calls: 4.00% | 2.44%
Puts: 9.76% | 4.00%
Current vs Prior +288.81% | +1599.69%
Prior 7-Day Avg 6.39% | 3.16%
Calls: 5.23% | 2.67%
Puts: 7.55% | 3.65%
Current vs 7-Day Avg +318.53% | +1629.62%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Light premium activity with dollar volume down 75% vs prior. Bullish P/C ratio of 0.65. P/C ratio rising 90% - increased hedging/bearish positioning. Call-heavy open interest (1,110,145 calls vs 664,677 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 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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
16:00BULLISHBULLISHBULLISH
15:00BULLISHBULLISHBULLISH
14:00BULLISHBULLISHBULLISH
13:00BULLISHNEUTRALBULLISH
12:00BULLISHBULLISHBULLISH
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 132 of results (avg 6.1%, best 2.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 210.380.39$0.392.6%2.0K0.2562.9K
$74.00Aug 39.409.65$9.532.6%--0.9521
$80.00Jul 313.503.60$3.552.8%2160.965.3K
$75.00Aug 38.408.65$8.532.9%141.002
$77.00Jul 226.356.55$6.453.1%3740.9970
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$91.00Aug 217.707.90$7.802.6%50.971.8K
$89.00Aug 75.705.85$5.782.6%120.97454
$87.00Aug 283.803.90$3.852.6%1010.88927
$90.00Aug 216.706.90$6.802.9%--0.971.0K
$88.00Jul 244.504.65$4.583.3%--1.00965

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 55 found (avg $0.46, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.00Aug 210.050.06$0.0616.7%440.0448.3K
$87.00Aug 210.110.13$0.1216.7%1.4K0.0947.6K
$85.00Aug 70.150.17$0.1612.5%1200.174.2K
$84.50Jul 310.170.18$0.185.6%2.0K0.224.2K
$86.50Aug 280.190.23$0.2119.0%140.14516
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.00Jul 240.070.08$0.0812.5%2.2K0.223.2K
$80.50Aug 210.160.19$0.1816.7%3950.1454
$82.50Jul 310.170.20$0.1915.8%6680.2314.5K
$81.50Aug 70.180.21$0.2015.0%220.18875
$81.00Aug 140.180.21$0.2015.0%1.1K0.16934

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 259 found (avg delta 0.88, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$78.00Jul 295.355.65$5.505.5%--1.0014
$79.00Jul 294.404.60$4.504.4%--1.00200
$80.00Jul 293.403.60$3.505.7%2041.00200
$80.50Jul 292.843.20$3.0211.9%2041.003
$75.00Aug 38.408.65$8.532.9%141.002
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Jul 221.021.60$1.3144.3%541.00109
$85.50Jul 221.822.34$2.0825.0%11.00--
$86.00Jul 222.322.84$2.5820.2%11.00--
$86.50Jul 222.803.40$3.1019.4%551.00--
$88.00Jul 224.254.90$4.5814.2%431.00--

Most actively traded options today. High liquidity = easy entry/exit. 424 active (total vol 180.4K, top 11.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$86.00Aug 210.180.23$0.2123.8%11.8K0.1570.2K
$85.00Jul 240.010.02$0.0250.0%7.7K0.0438.0K
$83.50Aug 210.900.95$0.935.4%5.9K0.47548
$84.00Jul 240.050.08$0.0742.9%5.6K0.198.1K
$85.00Aug 280.480.51$0.506.0%5.4K0.28689
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 210.120.15$0.1421.4%10.0K0.119.4K
$83.50Aug 210.911.07$0.9916.2%5.2K0.54445
$83.50Jul 220.060.11$0.0955.6%4.8K0.869.6K
$83.00Aug 210.780.82$0.805.0%3.8K0.4659.1K
$84.50Jul 311.131.19$1.165.2%3.4K0.783.5K

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 3254.5%, max 10203.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 22Aug 212289.1%22.2%10203.5%236226
$75.00Jul 22Aug 211646.3%16.0%10176.2%211165
$76.00Jul 22Aug 211516.4%14.8%10130.8%110147
$71.00Jul 22Aug 212096.1%20.6%10097.8%396122
$90.00Jul 22Aug 281294.2%13.7%9375.9%6835
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$90.00Jul 22Aug 281294.2%13.7%9375.9%7710
$89.50Jul 22Aug 211240.5%13.7%8981.9%94--
$91.00Jul 22Aug 211398.4%15.5%8949.7%671.8K
$87.50Jul 22Aug 281012.8%11.6%8608.7%5967
$88.50Jul 22Aug 141129.5%14.0%7970.5%8217

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 85 found (best R:R 9.00, avg 1.72)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$84.50$85.00Aug 7$0.11$0.39$0.113.55$84.61
$85.00$85.50Aug 21$0.11$0.39$0.113.55$85.11
$84.50$85.00Aug 14$0.12$0.38$0.123.17$84.62
$79.00$80.00Aug 14$0.26$0.74$0.262.85$79.26
$84.50$85.00Aug 21$0.13$0.37$0.132.85$84.63
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$73.00$72.00Aug 21$0.10$0.90$0.109.00$72.90
$74.00$73.00Aug 21$0.15$0.85$0.155.67$73.85
$83.00$82.50Jul 29$0.11$0.39$0.113.55$82.89
$82.50$82.00Aug 3$0.11$0.39$0.113.55$82.39
$82.00$81.50Aug 14$0.11$0.39$0.113.55$81.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 125 found (best R:R 11.50, avg 1.78)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$74.00$75.00Jul 31$0.90$0.90$0.109.00$74.90
$69.00$70.00Aug 21$0.90$0.90$0.109.00$69.90
$79.00$80.00Aug 21$0.89$0.89$0.118.09$79.89
$80.50$81.00Aug 7$0.40$0.40$0.104.00$80.90
$80.50$81.00Jul 22$0.39$0.39$0.113.55$80.89
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$95.00$93.50Aug 7$1.38$1.38$0.1211.50$93.62
$88.00$87.00Aug 21$0.87$0.87$0.136.69$87.13
$85.50$85.00Jul 29$0.40$0.40$0.104.00$85.10
$91.50$91.00Aug 14$0.40$0.40$0.104.00$91.10
$90.00$88.00Aug 28$1.58$1.58$0.423.76$88.42

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 31 found (avg debit $0.25, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$75.00Jul 22Jul 24$0.051646.3%55.6%
$84.00Jul 22Jul 24$0.0650.1%10.1%
$73.00Jul 22Aug 3$0.071904.0%78.8%
$74.00Jul 22Jul 24$0.071775.5%180.8%
$76.00Jul 22Jul 24$0.071516.4%49.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$94.00Jul 22Aug 21$0.05945.8%20.0%
$83.00Jul 22Jul 24$0.0741.8%9.5%
$84.50Jul 22Jul 24$0.0884.8%11.2%
$95.00Jul 22Aug 7$0.081011.6%28.7%
$84.00Jul 22Jul 24$0.1450.1%10.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 228 found (cheapest 0.12% of stock, avg 4.61%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$83.50Jul 22$0.01$0.09$0.10$83.40$83.600.12%
$84.00Jul 22$0.01$0.46$0.47$83.53$84.470.56%
$83.50Jul 24$0.22$0.25$0.47$83.03$83.970.56%
$83.00Jul 22$0.56$0.01$0.57$82.43$83.570.68%
$83.50Jul 27$0.39$0.22$0.61$82.89$84.110.73%
$84.00Jul 24$0.07$0.60$0.67$83.33$84.670.80%
$84.00Jul 27$0.12$0.55$0.67$83.33$84.670.80%
$83.00Jul 24$0.64$0.08$0.72$82.28$83.720.86%
$83.00Jul 27$0.71$0.14$0.85$82.15$83.851.02%
$83.50Jul 29$0.42$0.43$0.85$82.65$84.351.02%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 257 found (cheapest 0.08% of stock, avg 1.02%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$83.50$81.00Jul 22$0.01$0.06$0.07$80.93$83.57
$85.50$82.50Jul 27$0.03$0.05$0.08$82.42$85.58
$85.00$81.50Jul 29$0.05$0.03$0.08$81.42$85.08
$84.00$82.50Jul 24$0.07$0.02$0.09$82.41$84.09
$85.00$82.50Jul 27$0.04$0.05$0.09$82.41$85.09
$85.00$81.00Jul 29$0.05$0.04$0.09$80.91$85.09
$84.00$82.00Jul 24$0.07$0.03$0.10$81.90$84.10
$84.50$82.50Jul 27$0.05$0.05$0.10$82.40$84.60
$85.00$82.00Jul 29$0.05$0.07$0.12$81.88$85.12
$84.50$81.50Jul 29$0.10$0.03$0.13$81.37$84.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 19 found (best R:R 4.56, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
73/7477/78Aug 21$0.82$0.184.56$73.18$77.82
82/8384/84Aug 5$0.39$0.113.55$82.61$83.89
82/8384/84Aug 28$0.39$0.113.55$82.61$84.39
83/8484/85Aug 28$0.39$0.113.55$83.11$84.89
72/7377/78Aug 21$0.77$0.233.35$72.23$77.77
80/8083/84Aug 28$0.38$0.123.17$80.12$83.38
82/8284/85Aug 28$0.38$0.123.17$81.62$84.88
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
80/8084/84Aug 28$0.34$0.162.13$80.16$83.84

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 125 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$72.00$73.00$74.00Aug 3$0.06$0.9415.67
$74.00$75.00$76.00Aug 3$0.07$0.9313.29
$91.00$92.00$93.00Aug 28$0.08$0.9211.50
$84.00$84.50$85.00Jul 24$0.05$0.459.00
$75.00$76.00$77.00Jul 31$0.10$0.909.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$72.00$73.00$74.00Aug 21$0.05$0.9519.00
$91.00$92.00$93.00Jul 22$0.06$0.9415.67
$71.00$72.00$73.00Aug 21$0.08$0.9211.50
$84.00$84.50$85.00Jul 27$0.05$0.459.00
$81.00$81.50$82.00Jul 29$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. 137 found (best net $-0.01, 120 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$96.00$100.001:2Aug 28-$0.23$3.77
$96.00$100.001:2Aug 14-$2.11$1.89
$91.00$92.001:2Aug 28$0.00$1.00
$91.00$92.001:2Aug 21-$0.05$0.95
$97.00$100.001:2Jul 31-$2.07$0.93
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$75.00$70.001:2Jul 31-$0.01$4.99
$74.00$70.001:2Jul 24-$1.07$2.93
$75.00$70.001:2Aug 7-$2.11$2.89
$75.00$70.001:2Aug 14-$2.11$2.89
$75.00$70.001:2Aug 28-$2.11$2.89

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 53 found (best yield 1.26%, avg 0.36%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$83.50Aug 28$1.050.470.1%1.26%1.33%135273
$83.50Aug 21$0.900.470.1%1.08%1.15%5.9K548
$84.00Aug 28$0.820.400.7%0.98%1.65%1.4K3.3K
$83.50Aug 14$0.770.460.1%0.92%0.99%24405
$84.00Aug 21$0.670.390.7%0.80%1.47%1.5K25.0K
$84.50Aug 28$0.630.341.3%0.76%2.03%994.2K
$83.50Aug 7$0.620.450.1%0.74%0.81%8436
$83.50Aug 5$0.550.480.1%0.66%0.73%69--
$84.00Aug 14$0.550.370.7%0.66%1.33%951.2K
$83.50Jul 31$0.530.490.1%0.64%0.71%4.1K1.3K

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 109,734
Total Puts 70,802
Put/Call Ratio 0.65
Net Difference 38,932

Prior's Put/Call Breakdown

Total Calls 186,821
Total Puts 63,420
Put/Call Ratio 0.34
Net Difference 123,401

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