TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.17 +0.57%

(9/16 11:04) ◀

Wednesday, September 16, 2026 (12:00pm)

▶

◀ 9/16 12:00

Option Volume

Detail

ℹ

Current (09/16 12:00pm) 313,702

Calls: 221,764 (71%)

Puts: 91,938 (29%)

Prior (09/15) 208,210

Calls: 117,214 (56%)

Puts: 90,996 (44%)

Current vs Prior +50.67%

Calls: +89.20% (Calls)

Puts: +1.04% (Puts)

Prior 7-Day Total 4,084,408

Calls: 2,462,706 (60%)

Puts: 1,621,702 (40%)

Prior 7-Day Average 583,486

Calls: 351,815 (60%)

Puts: 231,671 (40%)

Current vs Prior 7-Day Avg -46.24%

Calls: -36.97%

Puts: -60.32%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/16 12:00pm) $21.66M

Calls: $18.40M (85%)

Puts: $3.26M (15%)

Prior (09/15) $12.65M

Calls: $8.30M (66%)

Puts: $4.35M (34%)

Current vs Prior +71.23%

Calls: +121.82%

Puts: -25.19%

Prior 7-Day Total $301.41M

Calls: $153.73M (51%)

Puts: $147.68M (49%)

Prior 7-Day Average $43.06M

Calls: $21.96M (51%)

Puts: $21.10M (49%)

Current vs Prior 7-Day Avg -49.70%

Calls: -16.21%

Puts: -84.57%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/16 12:00pm) 0.41

Prior (09/15) 0.78

Current vs Prior -46.60%

Prior 7-Day Average 0.63

Current vs Prior 7-Day Avg -34.51%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/16 12:00pm) 4,218,800

Calls: 2,620,787 (62%)

Puts: 1,598,013 (38%)

Prior (09/15) 4,008,132

Calls: 2,463,288 (61%)

Puts: 1,544,844 (39%)

Current vs Prior +5.26%

Prior 7-Day Total 27,363,185

Calls: 16,630,257 (61%)

Puts: 10,732,928 (39%)

Prior 7-Day Average 3,909,026

Calls: 2,375,751 (61%)

Puts: 1,533,275 (39%)

Current vs Prior 7-Day Avg +7.92%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/16) | Next (09/18)Expiry (09/18) | Next (09/25)Expiry (09/16) | Next (10/16)

Current 0.95% | 1.38%1.38% | 1.97%0.95% | 3.50%

Prior 1.19% | 1.61%1.61% | 2.22%1.19% | 3.77%

Current vs Prior -20.25% | -14.33%-14.34% | -11.12%-20.25% | -7.11%

Prior 7-Day Avg 1.09% | 1.51%1.15% | 1.84%1.69% | 3.61%

Current vs 7-Day Avg -12.78% | -8.90%+19.86% | +7.32%-43.78% | -3.16%

Prior 7-Day Eod 1.19% | 1.61%1.62% | 2.22%1.18% | 3.77%

Current vs 7-Day Eod -20.25% | -14.33%-14.99% | -11.12%-19.41% | -7.11%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.92% | 3.58%

Calls: 3.03% | 3.77%

Puts: 6.82% | 3.39%

Prior 3.12% | 5.42%

Calls: 2.08% | 4.48%

Puts: 4.17% | 6.35%

Current vs Prior +57.69% | -33.95%

Prior 7-Day Avg 2.78% | 3.13%

Calls: 2.81% | 3.05%

Puts: 2.74% | 3.19%

Current vs 7-Day Avg +77.07% | +14.53%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 85% of dollar volume in calls ($18.40M) vs puts ($3.26M). Elevated premium activity with dollar volume up 71% vs prior. Above-average activity with volume up 51% vs prior. Extreme bullish P/C ratio of 0.41 - heavy call buying (221,764 calls vs 91,938 puts).

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 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
12:00	BULLISH	BULLISH	BULLISH
11:00	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BULLISH	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 359 of results (avg 3.5%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Sep 16	13.10	13.20	$13.15	0.8%	3	1.00	23
$69.00	Sep 16	12.10	12.20	$12.15	0.8%	3	1.00	23
$70.00	Sep 16	11.10	11.20	$11.15	0.9%	1	1.00	42
$65.00	Sep 30	16.20	16.35	$16.27	0.9%	--	1.00	73
$65.00	Oct 2	16.20	16.35	$16.27	0.9%	--	1.00	108

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$96.00	Sep 16	14.80	14.90	$14.85	0.7%	43	1.00	--
$95.00	Sep 16	13.80	13.90	$13.85	0.7%	1	1.00	--
$94.00	Sep 16	12.80	12.90	$12.85	0.8%	13	1.00	--
$93.00	Sep 16	11.80	11.90	$11.85	0.8%	12	1.00	--
$92.00	Sep 16	10.80	10.90	$10.85	0.9%	10	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 168 found (avg $0.33, cheapest $0.10)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 16	0.09	0.10	$0.10	10.0%	18.5K	0.27	7.6K
$81.00	Sep 16	0.32	0.33	$0.33	3.0%	20.5K	0.61	10.8K
$82.50	Sep 18	0.07	0.08	$0.08	12.5%	7.4K	0.13	26.6K
$82.00	Sep 18	0.14	0.15	$0.15	6.7%	18.2K	0.23	109.4K
$83.00	Sep 21	0.06	0.07	$0.07	14.3%	51	0.10	1.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 16	0.16	0.17	$0.17	5.9%	4.7K	0.39	6.4K
$81.50	Sep 16	0.42	0.45	$0.44	6.8%	80	0.73	2.1K
$80.00	Sep 18	0.08	0.09	$0.09	11.1%	11.9K	0.14	65.8K
$80.50	Sep 18	0.16	0.17	$0.17	5.9%	6.2K	0.26	13.8K
$79.50	Sep 21	0.06	0.07	$0.07	14.3%	3	0.10	229

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 256 found (avg delta 0.87, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Sep 16	13.10	13.20	$13.15	0.8%	3	1.00	23
$69.00	Sep 16	12.10	12.20	$12.15	0.8%	3	1.00	23
$70.00	Sep 16	11.10	11.20	$11.15	0.9%	1	1.00	42
$71.00	Sep 16	10.10	10.20	$10.15	1.0%	1	1.00	22
$72.00	Sep 16	9.10	9.20	$9.15	1.1%	8	1.00	49

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Sep 18	3.80	3.90	$3.85	2.6%	255	1.00	3.9K
$86.00	Sep 18	4.80	4.90	$4.85	2.1%	1	1.00	6.0K
$87.00	Sep 18	5.80	5.90	$5.85	1.7%	29	1.00	3.1K
$88.00	Sep 18	6.80	6.90	$6.85	1.5%	6	1.00	5
$89.00	Sep 18	7.80	7.90	$7.85	1.3%	--	1.00	153

Most actively traded options today. High liquidity = easy entry/exit. 374 active (total vol 311.3K, top 20.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 16	0.32	0.33	$0.33	3.0%	20.5K	0.61	10.8K
$82.00	Sep 16	0.02	0.03	$0.03	33.3%	20.3K	0.09	4.3K
$81.50	Sep 16	0.09	0.10	$0.10	10.0%	18.5K	0.27	7.6K
$82.00	Sep 18	0.14	0.15	$0.15	6.7%	18.2K	0.23	109.4K
$83.00	Oct 16	0.43	0.44	$0.44	2.3%	10.4K	0.25	125.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 16	0.01	0.02	$0.02	50.0%	17.6K	0.05	6.7K
$80.00	Sep 18	0.08	0.09	$0.09	11.1%	11.9K	0.14	65.8K
$80.50	Sep 16	0.04	0.06	$0.05	40.0%	10.8K	0.15	9.2K
$81.00	Sep 18	0.32	0.34	$0.33	6.1%	8.2K	0.43	78.1K
$80.50	Sep 18	0.16	0.17	$0.17	5.9%	6.2K	0.26	13.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 185.0%, max 230.2%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Sep 16	Oct 30	33.2%	10.7%	211.0%	21.2K	12.5K
$81.50	Sep 16	Oct 23	31.7%	13.4%	136.4%	19.4K	10.5K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$80.50	Sep 16	Oct 23	35.9%	10.9%	230.2%	10.8K	9.7K
$81.00	Sep 16	Oct 30	33.2%	10.7%	211.0%	5.3K	9.5K
$81.50	Sep 16	Oct 23	31.7%	13.4%	136.4%	92	2.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 95 found (best R:R 1.50, avg 1.95)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$84.00	$85.00	Oct 16	$0.10	$0.90	$0.10	16%	9.00	$84.10
$82.00	$82.50	Sep 28	$0.13	$0.37	$0.13	34%	2.85	$82.13
$81.50	$82.00	Sep 25	$0.18	$0.32	$0.18	44%	1.78	$81.68
$80.50	$81.00	Sep 21	$0.33	$0.17	$0.33	72%	0.52	$80.83
$82.00	$82.50	Sep 23	$0.11	$0.39	$0.11	30%	3.55	$82.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Oct 30	$0.40	$0.60	$0.40	50%	1.50	$80.60
$81.00	$80.00	Oct 16	$0.39	$0.61	$0.39	51%	1.56	$80.61
$82.00	$81.00	Oct 30	$0.53	$0.47	$0.53	60%	0.89	$81.47
$82.00	$81.00	Oct 16	$0.55	$0.45	$0.55	63%	0.82	$81.45
$78.00	$77.00	Oct 30	$0.12	$0.88	$0.12	19%	7.33	$77.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 55 found (best R:R 0.47, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Oct 16	$0.32	$0.32	$0.68	63%	0.47	$82.32
$82.00	$83.00	Oct 30	$0.36	$0.36	$0.64	60%	0.56	$82.36
$81.50	$82.00	Oct 23	$0.23	$0.23	$0.27	56%	0.85	$81.73
$81.50	$82.00	Oct 9	$0.21	$0.21	$0.29	57%	0.72	$81.71
$82.00	$82.50	Oct 2	$0.16	$0.16	$0.34	66%	0.47	$82.16

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.50	Sep 16	$0.12	$0.12	$0.38	61%	0.32	$80.88
$81.00	$80.00	Sep 30	$0.34	$0.34	$0.66	55%	0.52	$80.66
$80.00	$79.50	Oct 2	$0.14	$0.14	$0.36	68%	0.39	$79.86
$81.00	$80.50	Sep 23	$0.19	$0.19	$0.31	56%	0.61	$80.81
$80.00	$79.00	Sep 30	$0.16	$0.16	$0.84	74%	0.19	$79.84

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.18, cheapest $0.16)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.00	Sep 16	Sep 18	$0.20	33.2%	16.6%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.00	Sep 16	Sep 18	$0.16	33.2%	16.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 198 found (cheapest 0.62% of stock, avg 4.28%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.00	Sep 16	$0.33	$0.17	$0.50	$80.50	$81.50	0.62%
$81.50	Sep 16	$0.10	$0.44	$0.54	$80.96	$82.04	0.67%
$80.50	Sep 16	$0.71	$0.05	$0.76	$79.74	$81.26	0.94%
$81.00	Sep 18	$0.53	$0.33	$0.86	$80.14	$81.86	1.06%
$81.50	Sep 18	$0.29	$0.59	$0.88	$80.62	$82.38	1.08%
$82.00	Sep 16	$0.03	$0.87	$0.90	$81.10	$82.90	1.11%
$81.00	Sep 21	$0.61	$0.38	$0.99	$80.01	$81.99	1.22%
$81.50	Sep 21	$0.36	$0.64	$1.00	$80.50	$82.50	1.23%
$80.50	Sep 18	$0.87	$0.17	$1.04	$79.46	$81.54	1.28%
$82.00	Sep 18	$0.15	$0.96	$1.11	$80.89	$83.11	1.37%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 261 found (cheapest 0.10% of stock, avg 0.86%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.50	$79.00	Sep 21	$0.04	$0.04	$0.08	$78.92	$83.58
$82.00	$80.50	Sep 16	$0.03	$0.05	$0.08	$80.42	$82.08
$83.00	$79.50	Sep 18	$0.05	$0.05	$0.10	$79.40	$83.10
$83.00	$79.00	Sep 21	$0.07	$0.04	$0.11	$78.89	$83.11
$83.50	$79.50	Sep 21	$0.04	$0.07	$0.11	$79.39	$83.61
$83.50	$79.00	Sep 23	$0.07	$0.06	$0.13	$78.87	$83.63
$85.00	$78.00	Sep 30	$0.06	$0.07	$0.13	$77.87	$85.13
$82.50	$79.50	Sep 18	$0.08	$0.05	$0.13	$79.37	$82.63
$83.00	$79.50	Sep 21	$0.07	$0.07	$0.14	$79.36	$83.14
$83.00	$80.00	Sep 18	$0.05	$0.09	$0.14	$79.86	$83.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 16 found (best R:R 1.50, avg credit $0.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	82/82	Oct 2	$0.30	$0.20	34%	1.50	$79.70	$82.30
80/80	82/83	Oct 2	$0.26	$0.24	42%	1.08	$79.74	$82.76
79/80	82/83	Oct 9	$0.24	$0.26	44%	0.92	$79.26	$82.74
79/80	83/84	Oct 23	$0.25	$0.25	42%	1.00	$79.25	$83.25
80/80	82/83	Oct 9	$0.27	$0.23	37%	1.17	$79.73	$82.77
79/80	82/83	Oct 23	$0.27	$0.23	36%	1.17	$79.23	$82.77
80/80	82/82	Sep 25	$0.26	$0.24	34%	1.08	$80.24	$82.26
80/80	82/82	Sep 28	$0.26	$0.24	33%	1.08	$80.24	$82.26
80/80	82/82	Sep 23	$0.22	$0.28	39%	0.79	$80.28	$82.22
77/78	83/84	Oct 30	$0.37	$0.63	51%	0.59	$77.63	$83.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 105 found (best R:R 70.43, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$79.00	$80.00	$81.00	Oct 16	$0.12	$0.88	29%	7.33
$80.50	$81.00	$81.50	Sep 16	$0.15	$0.35	58%	2.33
$79.00	$80.00	$81.00	Sep 30	$0.15	$0.85	32%	5.67
$79.00	$80.00	$81.00	Oct 30	$0.10	$0.90	25%	9.00
$78.00	$79.00	$80.00	Oct 30	$0.08	$0.92	21%	11.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$65.00	$70.00	$75.00	Oct 30	$0.07	$4.93	6%	70.43
$80.50	$81.00	$81.50	Sep 16	$0.15	$0.35	58%	2.33
$79.00	$80.00	$81.00	Oct 16	$0.12	$0.88	27%	7.33
$80.00	$81.00	$82.00	Sep 30	$0.21	$0.79	39%	3.76
$81.50	$82.00	$82.50	Sep 16	$0.05	$0.45	25%	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. 170 found (best net $-1.02, 160 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$1.36	$3.64
$70.00	$75.00	1:2	Oct 30	-$1.53	$3.47
$76.00	$78.50	1:2	Sep 23	-$0.31	$2.19
$76.00	$78.00	1:2	Sep 21	-$1.21	$0.79
$70.00	$74.00	1:2	Sep 25	-$3.29	$0.71

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$92.00	$87.00	1:2	Oct 23	-$1.02	$3.98
$83.00	$82.00	1:2	Sep 21	-$0.11	$0.89
$83.00	$82.00	1:2	Sep 23	-$0.22	$0.78
$82.00	$81.00	1:2	Sep 30	-$0.09	$0.91
$83.00	$82.00	1:2	Sep 28	-$0.34	$0.66

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 71 found (best yield 1.28%, avg 0.36%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$1.04	0.40	1.0%	1.28%	2.30%	452	1.5K
$81.50	Oct 23	$1.10	0.44	0.4%	1.36%	1.76%	818	2.8K
$83.00	Oct 30	$0.68	0.30	2.2%	0.84%	3.09%	336	2.1K
$82.00	Oct 23	$0.88	0.39	1.0%	1.08%	2.11%	63	1.6K
$82.50	Oct 23	$0.70	0.33	1.6%	0.86%	2.50%	995	1.3K
$83.00	Oct 23	$0.55	0.28	2.2%	0.68%	2.93%	31	1.1K
$82.00	Oct 16	$0.75	0.37	1.0%	0.92%	1.95%	9.0K	44.1K
$84.00	Oct 30	$0.43	0.21	3.5%	0.53%	4.02%	35	3.7K
$81.50	Oct 9	$0.82	0.43	0.4%	1.01%	1.42%	205	8.2K
$83.50	Oct 23	$0.42	0.23	2.9%	0.52%	3.39%	2	330

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 221,764

Total Puts 91,938

Put/Call Ratio 0.41

Net Difference 129,826

Prior's Put/Call Breakdown

Total Calls 117,214

Total Puts 90,996

Put/Call Ratio 0.78

Net Difference 26,218

Prior 7-Day Put/Call Summary

Total Calls 2,462,706

Total Puts 1,621,702

Average Put/Call Ratio 0.63

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

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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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