TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$82.02 -0.95%

(7/31 12:01) ◀

Friday, July 31, 2026 (1:00pm)

▶ (7/31 14:01)

◀ 7/31 13:08 ▶

Option Volume

Detail

ℹ

Current (07/31 1:00pm) 252,941

Calls: 122,025 (48%)

Puts: 130,916 (52%)

Prior (07/30) 336,997

Calls: 167,230 (50%)

Puts: 169,767 (50%)

Current vs Prior -24.94%

Calls: -27.03% (Calls)

Puts: -22.88% (Puts)

Prior 7-Day Total 2,643,562

Calls: 1,655,100 (63%)

Puts: 988,462 (37%)

Prior 7-Day Average 377,651

Calls: 236,442 (63%)

Puts: 141,208 (37%)

Current vs Prior 7-Day Avg -33.02%

Calls: -48.39%

Puts: -7.29%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/31 1:00pm) $14.81M

Calls: $4.80M (32%)

Puts: $10.01M (68%)

Prior (07/30) $15.80M

Calls: $8.36M (53%)

Puts: $7.44M (47%)

Current vs Prior -6.26%

Calls: -42.53%

Puts: +34.50%

Prior 7-Day Total $162.93M

Calls: $103.76M (64%)

Puts: $59.17M (36%)

Prior 7-Day Average $23.28M

Calls: $14.82M (64%)

Puts: $8.45M (36%)

Current vs Prior 7-Day Avg -36.37%

Calls: -67.59%

Puts: +18.39%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/31 1:00pm) 1.07

Prior (07/30) 1.02

Current vs Prior +5.68%

Prior 7-Day Average 0.66

Current vs Prior 7-Day Avg +62.54%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/31 1:00pm) 2,197,349

Calls: 1,354,792 (62%)

Puts: 842,557 (38%)

Prior (07/30) 2,083,996

Calls: 1,320,668 (63%)

Puts: 763,328 (37%)

Current vs Prior +5.44%

Prior 7-Day Total 13,587,218

Calls: 8,401,562 (62%)

Puts: 5,185,656 (38%)

Prior 7-Day Average 1,941,031

Calls: 1,200,223 (62%)

Puts: 740,808 (38%)

Current vs Prior 7-Day Avg +13.21%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (07/31) | Next (08/03)Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)

Current 0.77% | 1.27%0.77% | 1.82%2.73% | 4.36%

Prior 0.93% | 1.32%0.93% | 1.72%2.55% | 4.14%

Current vs Prior -17.40% | -3.68%-17.41% | +5.92%+7.17% | +5.37%

Prior 7-Day Avg 0.94% | 1.20%1.03% | 1.67%2.54% | 3.96%

Current vs 7-Day Avg -18.65% | +5.70%-25.13% | +8.65%+7.34% | +10.09%

Prior 7-Day Eod 0.93% | 1.32%0.94% | 1.75%2.57% | 4.15%

Current vs 7-Day Eod -17.40% | -3.68%-18.46% | +3.73%+6.16% | +5.06%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 8.67% | 5.57%

Calls: 7.14% | 5.26%

Puts: 10.20% | 5.88%

Prior 3.85% | 6.55%

Calls: 5.00% | 7.14%

Puts: 2.70% | 5.97%

Current vs Prior +125.19% | -14.96%

Prior 7-Day Avg 9.54% | 11.42%

Calls: 10.62% | 8.58%

Puts: 8.45% | 14.26%

Current vs 7-Day Avg -9.08% | -51.23%

Liquidity Pricy

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🤖 AI Insights

Moderately bearish flow with 68% put dollar volume ($10.01M). Slightly bearish P/C ratio of 1.07. Call-heavy open interest (1,354,792 calls vs 842,557 puts) suggests bullish positioning.

Smart Money BEARISH

Retail Flow NEUTRAL

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
13:00	BEARISH	NEUTRAL	BEARISH
12:00	BEARISH	NEUTRAL	BEARISH
11:00	BEARISH	NEUTRAL	MIXED
10:00	BEARISH	BEARISH	BEARISH

📈 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 375 of results (avg 2.7%, best 0.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.50	Aug 28	2.07	2.08	$2.08	0.5%	145	0.69	71
$80.50	Aug 21	1.89	1.90	$1.90	0.5%	2	0.72	115
$81.00	Aug 21	1.53	1.54	$1.54	0.6%	144	0.65	690
$81.50	Aug 28	1.39	1.40	$1.40	0.7%	365	0.55	413
$81.00	Aug 14	1.33	1.34	$1.34	0.7%	413	0.68	515

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 11	1.78	1.79	$1.79	0.6%	28	0.60	42
$95.00	Aug 7	13.25	13.35	$13.30	0.8%	--	0.99	10
$83.50	Sep 11	2.40	2.42	$2.41	0.8%	114	0.71	45
$93.50	Aug 7	11.75	11.85	$11.80	0.8%	--	0.99	79
$83.50	Sep 4	2.33	2.35	$2.34	0.9%	395	0.72	779

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 158 found (avg $0.36, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Aug 3	0.05	0.06	$0.06	16.7%	3.0K	0.15	151
$84.00	Aug 7	0.05	0.06	$0.06	16.7%	1.7K	0.08	11.3K
$85.00	Aug 14	0.05	0.06	$0.06	16.7%	400	0.06	12.8K
$86.00	Aug 21	0.05	0.06	$0.06	16.7%	1.7K	0.05	89.0K
$88.00	Sep 4	0.05	0.06	$0.06	16.7%	93	0.04	284

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Aug 14	0.05	0.06	$0.06	16.7%	4	0.05	444
$79.00	Aug 7	0.06	0.07	$0.07	14.3%	279	0.07	3.9K
$76.00	Aug 21	0.06	0.07	$0.07	14.3%	104	0.04	2.2K
$75.00	Aug 28	0.06	0.07	$0.07	14.3%	1.2K	0.04	1.5K
$80.00	Aug 5	0.07	0.08	$0.08	12.5%	346	0.11	5.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 261 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Jul 31	11.95	12.10	$12.02	1.2%	--	1.00	28
$74.00	Jul 31	7.95	8.10	$8.03	1.9%	35	1.00	57
$75.00	Jul 31	6.95	7.10	$7.03	2.1%	58	1.00	110
$76.00	Jul 31	5.95	6.10	$6.03	2.5%	31	1.00	45
$77.00	Jul 31	4.95	5.10	$5.03	3.0%	14	1.00	78

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Jul 31	14.90	15.05	$14.98	1.0%	29	1.00	--
$98.00	Jul 31	15.90	16.05	$15.98	0.9%	25	1.00	--
$93.00	Jul 31	10.90	11.05	$10.98	1.4%	33	1.00	--
$94.00	Jul 31	11.90	12.05	$11.98	1.3%	22	1.00	--
$95.00	Jul 31	12.90	13.05	$12.98	1.2%	37	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 438 active (total vol 252.7K, top 19.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Sep 4	0.22	0.23	$0.23	4.3%	12.5K	0.14	920
$82.00	Aug 28	1.09	1.11	$1.10	1.8%	6.3K	0.47	319
$83.00	Aug 28	0.63	0.64	$0.64	1.6%	4.5K	0.34	5.5K
$89.00	Aug 21	0.02	0.03	$0.03	33.3%	3.7K	0.02	48.3K
$83.00	Aug 7	0.14	0.15	$0.15	6.7%	3.6K	0.19	2.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Jul 31	0.11	0.13	$0.12	16.7%	19.4K	0.48	6.4K
$82.50	Jul 31	0.46	0.51	$0.49	10.2%	14.4K	0.91	19.9K
$82.00	Aug 21	1.05	1.06	$1.06	0.9%	10.5K	0.54	38.7K
$83.00	Jul 31	0.96	1.00	$0.98	4.1%	8.7K	0.97	16.2K
$81.50	Jul 31	0.01	0.02	$0.02	50.0%	8.3K	0.09	8.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 77 strikes (avg 674.3%, max 1430.2%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$95.00	Jul 31	Sep 11	288.9%	18.9%	1430.2%	4	309
$97.00	Jul 31	Sep 4	325.2%	22.0%	1380.3%	1	106
$96.00	Jul 31	Aug 28	307.2%	21.3%	1342.8%	--	467
$93.00	Jul 31	Sep 4	251.4%	18.1%	1289.3%	--	3.0K
$92.00	Jul 31	Sep 4	232.1%	17.5%	1226.5%	9	2.9K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$70.00	Jul 31	Sep 11	313.8%	21.2%	1382.6%	21	14
$96.00	Jul 31	Aug 21	307.2%	24.6%	1150.2%	41	135
$95.00	Jul 31	Aug 21	288.9%	23.1%	1148.5%	38	138
$94.00	Jul 31	Aug 21	270.3%	21.7%	1146.1%	22	211
$93.00	Jul 31	Aug 21	251.4%	20.2%	1143.4%	33	137

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 99 found (best R:R 49.00, avg 2.40)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$83.00	$83.50	Aug 12	$0.10	$0.40	$0.10	4.00	$83.10
$84.00	$84.50	Aug 28	$0.10	$0.40	$0.10	4.00	$84.10
$83.50	$84.00	Aug 21	$0.11	$0.39	$0.11	3.55	$83.61
$84.00	$84.50	Sep 4	$0.11	$0.39	$0.11	3.55	$84.11
$82.00	$82.50	Jul 31	$0.12	$0.38	$0.12	3.17	$82.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$75.00	$70.00	Sep 11	$0.10	$4.90	$0.10	49.00	$74.90
$79.00	$78.00	Aug 21	$0.10	$0.90	$0.10	9.00	$78.90
$80.00	$79.00	Aug 12	$0.12	$0.88	$0.12	7.33	$79.88
$80.50	$80.00	Aug 14	$0.10	$0.40	$0.10	4.00	$80.40
$80.00	$79.50	Aug 28	$0.10	$0.40	$0.10	4.00	$79.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 139 found (best R:R 14.91, avg 1.62)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$75.00	$78.50	Sep 4	$3.28	$3.28	$0.22	14.91	$78.28
$75.00	$78.00	Sep 11	$2.81	$2.81	$0.19	14.79	$77.81
$78.00	$79.00	Aug 28	$0.87	$0.87	$0.13	6.69	$78.87
$78.50	$79.50	Sep 11	$0.83	$0.83	$0.17	4.88	$79.33
$80.00	$80.50	Aug 14	$0.40	$0.40	$0.10	4.00	$80.40

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$85.50	$84.50	Sep 11	$0.88	$0.88	$0.12	7.33	$84.62
$84.00	$83.50	Aug 21	$0.40	$0.40	$0.10	4.00	$83.60
$85.00	$84.50	Sep 4	$0.40	$0.40	$0.10	4.00	$84.60
$82.50	$82.00	Aug 3	$0.38	$0.38	$0.12	3.17	$82.12
$83.00	$82.50	Aug 7	$0.38	$0.38	$0.12	3.17	$82.62

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 26 found (avg debit $0.29, cheapest $0.08)

CALLS (0)

No calls found

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.00	Jul 31	Aug 3	$0.08	33.9%	10.6%
$79.50	Jul 31	Aug 7	$0.09	74.1%	15.9%
$78.50	Aug 28	Sep 4	$0.11	14.3%	14.0%
$81.50	Jul 31	Aug 3	$0.20	24.6%	10.0%
$85.00	Jul 31	Aug 3	$0.27	83.2%	18.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 250 found (cheapest 0.32% of stock, avg 5.43%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Jul 31	$0.14	$0.12	$0.26	$81.74	$82.26	0.32%
$82.50	Jul 31	$0.02	$0.49	$0.51	$81.99	$83.01	0.62%
$81.50	Jul 31	$0.53	$0.02	$0.55	$80.95	$82.05	0.67%
$82.00	Aug 3	$0.19	$0.47	$0.66	$81.34	$82.66	0.80%
$81.50	Aug 3	$0.54	$0.22	$0.76	$80.74	$82.26	0.93%
$82.50	Aug 3	$0.06	$0.85	$0.91	$81.59	$83.41	1.11%
$82.00	Aug 5	$0.32	$0.60	$0.92	$81.08	$82.92	1.12%
$81.50	Aug 5	$0.60	$0.37	$0.97	$80.53	$82.47	1.18%
$83.00	Jul 31	$0.01	$0.98	$0.99	$82.01	$83.99	1.21%
$81.00	Jul 31	$1.02	$0.01	$1.03	$79.97	$82.03	1.26%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 224 found (cheapest 0.05% of stock, avg 1.15%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$81.50	Jul 31	$0.02	$0.02	$0.04	$81.46	$82.54
$82.50	$80.50	Aug 3	$0.06	$0.04	$0.10	$80.40	$82.60
$83.50	$80.00	Aug 5	$0.03	$0.08	$0.11	$79.89	$83.61
$82.50	$82.00	Jul 31	$0.02	$0.12	$0.14	$81.86	$82.64
$82.50	$81.00	Aug 3	$0.06	$0.09	$0.15	$80.85	$82.65
$83.00	$80.00	Aug 5	$0.07	$0.08	$0.15	$79.85	$83.15
$83.50	$80.50	Aug 5	$0.03	$0.13	$0.16	$80.34	$83.66
$84.00	$79.50	Aug 7	$0.06	$0.10	$0.16	$79.34	$84.16
$84.00	$79.00	Aug 10	$0.07	$0.09	$0.16	$78.84	$84.16
$83.50	$79.50	Aug 7	$0.08	$0.10	$0.18	$79.32	$83.68

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 55 found (best R:R 4.00, avg credit $0.37)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
80/80	82/82	Aug 28	$0.40	$0.10	4.00	$79.60	$81.90
81/82	82/83	Aug 28	$0.40	$0.10	4.00	$81.10	$82.90
80/80	82/82	Sep 4	$0.40	$0.10	4.00	$80.10	$82.40
80/81	82/82	Aug 7	$0.38	$0.12	3.17	$80.62	$81.88
81/82	82/82	Aug 12	$0.38	$0.12	3.17	$81.12	$82.38
82/82	82/83	Aug 12	$0.38	$0.12	3.17	$81.62	$82.88
82/82	83/84	Aug 12	$0.38	$0.12	3.17	$82.12	$83.38
80/81	82/82	Aug 28	$0.38	$0.12	3.17	$80.62	$82.38
82/82	83/84	Aug 28	$0.38	$0.12	3.17	$81.62	$83.38
80/80	82/82	Sep 4	$0.38	$0.12	3.17	$79.62	$82.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 72 found (best R:R 15.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$77.00	$78.00	$79.00	Aug 21	$0.06	$0.94	15.67
$82.50	$83.00	$83.50	Aug 7	$0.05	$0.45	9.00
$81.50	$82.00	$82.50	Aug 21	$0.05	$0.45	9.00
$82.50	$83.00	$83.50	Aug 21	$0.05	$0.45	9.00
$82.50	$83.00	$83.50	Aug 28	$0.05	$0.45	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$89.00	$90.00	$91.00	Aug 14	$0.06	$0.94	15.67
$78.00	$79.00	$80.00	Aug 12	$0.07	$0.93	13.29
$81.00	$81.50	$82.00	Aug 21	$0.05	$0.45	9.00
$84.50	$85.00	$85.50	Aug 21	$0.05	$0.45	9.00
$81.50	$82.00	$82.50	Aug 28	$0.05	$0.45	9.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 131 found (best net $--, 121 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$90.00	$95.00	1:2	Sep 11	$0.00	$5.00
$93.00	$97.00	1:2	Sep 4	$0.00	$4.00
$75.00	$78.50	1:2	Sep 4	-$0.47	$3.03
$70.00	$75.00	1:2	Aug 14	-$2.04	$2.96
$76.00	$79.00	1:2	Aug 3	-$0.07	$2.93

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.00	$70.00	1:2	Jul 31	-$0.01	$4.99
$75.00	$70.00	1:2	Aug 7	-$0.01	$4.99
$77.00	$75.00	1:2	Jul 31	-$0.01	$1.99
$80.00	$79.00	1:2	Aug 3	$0.00	$1.00
$78.00	$77.00	1:2	Aug 5	$0.00	$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 56 found (best yield 1.24%, avg 0.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.50	Sep 11	$1.02	0.41	0.6%	1.24%	1.83%	158	33
$82.50	Sep 4	$0.92	0.40	0.6%	1.12%	1.71%	68	124
$82.50	Aug 28	$0.85	0.41	0.6%	1.04%	1.62%	205	479
$83.00	Sep 11	$0.80	0.35	1.2%	0.98%	2.17%	435	22
$83.00	Sep 4	$0.71	0.34	1.2%	0.87%	2.06%	1.8K	709
$82.50	Aug 21	$0.67	0.39	0.6%	0.82%	1.40%	1.1K	4.6K
$83.00	Aug 28	$0.63	0.34	1.2%	0.77%	1.96%	4.5K	5.5K
$83.50	Sep 11	$0.62	0.29	1.8%	0.76%	2.56%	148	1
$83.50	Sep 4	$0.54	0.28	1.8%	0.66%	2.46%	326	284
$82.50	Aug 14	$0.48	0.36	0.6%	0.59%	1.17%	1.4K	1.0K

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
Loading data...

Current Put/Call Breakdown

Total Calls 122,025

Total Puts 130,916

Put/Call Ratio 1.07

Net Difference -8,891

Prior's Put/Call Breakdown

Total Calls 167,230

Total Puts 169,767

Put/Call Ratio 1.02

Net Difference -2,537

Prior 7-Day Put/Call Summary

Total Calls 1,655,100

Total Puts 988,462

Average Put/Call Ratio 0.66

Ratio Trend Rising

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

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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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