TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$80.88 +0.21%

$80.87 (-0.01%)🌙

as of 09/16 04:01 PM

(9/16 15:24) ◀

Wednesday, September 16, 2026 (4:00pm)

▶ (9/17 10:00)

◀ 9/16 16:01 ▶

Option Volume

Detail

ℹ

Current (09/16 4:00pm) 889,280

Calls: 638,256 (72%)

Puts: 251,024 (28%)

Prior (09/15) 521,585

Calls: 344,612 (66%)

Puts: 176,973 (34%)

Current vs Prior +70.50%

Calls: +85.21% (Calls)

Puts: +41.84% (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 +52.41%

Calls: +81.42%

Puts: +8.35%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/16 4:00pm) $49.58M

Calls: $40.04M (81%)

Puts: $9.54M (19%)

Prior (09/15) $61.23M

Calls: $39.82M (65%)

Puts: $21.41M (35%)

Current vs Prior -19.02%

Calls: +0.55%

Puts: -55.42%

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 +15.15%

Calls: +82.32%

Puts: -54.76%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/16 4:00pm) 0.39

Prior (09/15) 0.51

Current vs Prior -23.41%

Prior 7-Day Average 0.63

Current vs Prior 7-Day Avg -37.88%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/16 4:00pm) 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 0.67% | 1.24%1.24% | 1.88%0.67% | 3.49%

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

Current vs Prior +3.95% | -14.03%-23.24% | -15.26%-43.86% | -7.43%

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

Current vs 7-Day Avg +13.68% | -8.57%+7.40% | +2.32%-60.43% | -3.50%

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

Current vs 7-Day Eod +3.95% | -14.03%-23.82% | -15.26%-43.28% | -7.43%

Sentiment BEARISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 15.46% | -0.72%

Calls: 8.70% | -1.45%

Puts: 22.22% | 0.00%

Prior 3.12% | 5.42%

Calls: 2.08% | 4.48%

Puts: 4.17% | 6.35%

Current vs Prior +395.51% | -113.28%

Prior 7-Day Avg 2.78% | 3.13%

Calls: 2.81% | 3.05%

Puts: 2.74% | 3.19%

Current vs 7-Day Avg +456.40% | -123.03%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 81% of dollar volume in calls ($40.04M) vs puts ($9.54M). Above-average activity with volume up 70% vs prior. Extreme bullish P/C ratio of 0.39 - heavy call buying (638,256 calls vs 251,024 puts). P/C ratio dropping 23% - 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

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
16:00	BULLISH	BULLISH	BULLISH
15:00	BULLISH	BULLISH	BULLISH
13:00	BULLISH	BULLISH	BULLISH
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 317 of results (avg 2.4%, best 0.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.00	Oct 30	2.65	2.66	$2.66	0.4%	2	0.72	92
$79.00	Oct 23	2.50	2.51	$2.51	0.4%	3	0.74	32
$79.00	Oct 9	2.29	2.30	$2.30	0.4%	17	0.79	161
$79.50	Oct 23	2.13	2.14	$2.13	0.5%	141	0.68	230
$79.50	Oct 2	1.80	1.81	$1.81	0.6%	6	0.75	412

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 23	2.55	2.56	$2.55	0.4%	23	0.76	259
$83.00	Oct 16	2.49	2.50	$2.50	0.4%	568	0.78	34.2K
$83.00	Oct 9	2.43	2.44	$2.44	0.4%	12	0.81	438
$82.50	Oct 9	2.03	2.04	$2.04	0.5%	109	0.76	721
$82.50	Oct 2	1.96	1.97	$1.97	0.5%	105	0.79	839

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 125 found (avg $0.30, cheapest $0.12)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.50	Sep 16	0.39	0.44	$0.42	11.9%	878	0.95	1.0K
$82.00	Sep 18	0.05	0.06	$0.06	16.7%	60.4K	0.12	109.4K
$81.50	Sep 18	0.13	0.14	$0.14	7.1%	49.0K	0.26	40.2K
$82.00	Sep 21	0.09	0.10	$0.10	10.0%	2.3K	0.16	1.3K
$81.50	Sep 21	0.19	0.20	$0.20	5.0%	1.0K	0.29	534

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 16	0.11	0.12	$0.12	8.3%	25.7K	0.89	6.4K
$80.00	Sep 18	0.07	0.08	$0.08	12.5%	28.6K	0.16	65.8K
$79.50	Sep 21	0.05	0.06	$0.06	16.7%	193	0.10	229
$81.50	Sep 16	0.56	0.62	$0.59	10.2%	2.2K	1.00	2.1K
$80.00	Sep 21	0.11	0.12	$0.12	8.3%	1.1K	0.19	1.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 234 found (avg delta 0.93, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$65.00	Oct 2	16.00	16.10	$16.05	0.6%	3	1.00	108
$70.00	Oct 2	11.00	11.10	$11.05	0.9%	--	1.00	123
$65.00	Oct 9	15.95	16.10	$16.02	0.9%	--	1.00	48
$76.00	Oct 9	5.05	5.15	$5.10	2.0%	68	1.00	157
$65.00	Oct 16	15.95	16.10	$16.02	0.9%	--	1.00	35

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 16	0.56	0.62	$0.59	10.2%	2.2K	1.00	2.1K
$82.00	Sep 16	1.06	1.09	$1.08	2.8%	545	1.00	1.2K
$82.50	Sep 16	1.56	1.62	$1.59	3.8%	30	1.00	34
$83.00	Sep 16	2.06	2.12	$2.09	2.9%	13	1.00	54
$83.50	Sep 16	2.56	2.62	$2.59	2.3%	7	1.00	3

Most actively traded options today. High liquidity = easy entry/exit. 421 active (total vol 746.8K, top 60.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.05	0.06	$0.06	16.7%	60.4K	0.12	109.4K
$81.50	Sep 18	0.13	0.14	$0.14	7.1%	49.0K	0.26	40.2K
$83.00	Oct 16	0.35	0.36	$0.36	2.8%	48.5K	0.22	125.8K
$81.50	Sep 16	0.00	0.01	$0.01	100.0%	47.1K	0.04	7.6K
$82.00	Sep 16	0.00	0.01	$0.01	100.0%	45.9K	0.02	4.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 16	0.00	0.01	$0.01	100.0%	32.6K	0.03	6.7K
$80.00	Sep 18	0.07	0.08	$0.08	12.5%	28.6K	0.16	65.8K
$81.00	Sep 16	0.11	0.12	$0.12	8.3%	25.7K	0.89	6.4K
$80.50	Sep 16	0.00	0.01	$0.01	100.0%	24.7K	0.05	9.2K
$81.00	Sep 18	0.37	0.38	$0.38	2.6%	22.5K	0.54	78.1K

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 18.7%, max 18.7%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Sep 23	Oct 30	12.2%	10.3%	18.7%	5.2K	3.4K

PUTS (0)

No puts found

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 73 found (best R:R 0.59, avg 2.25)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$80.00	$81.50	Sep 18	$0.88	$0.62	$0.88	84%	0.70	$80.88
$80.00	$81.00	Sep 23	$0.64	$0.36	$0.64	76%	0.56	$80.64
$80.00	$81.50	Sep 21	$0.87	$0.63	$0.87	81%	0.72	$80.87
$80.50	$81.50	Sep 16	$0.41	$0.59	$0.41	95%	1.44	$80.91
$80.00	$81.50	Sep 25	$0.87	$0.63	$0.87	74%	0.72	$80.87

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$84.00	$80.00	Oct 30	$2.51	$1.49	$2.51	81%	0.59	$81.49
$83.00	$80.00	Oct 16	$1.76	$1.24	$1.76	78%	0.70	$81.24
$82.50	$80.50	Oct 9	$1.23	$0.77	$1.23	76%	0.63	$81.27
$82.00	$80.50	Sep 21	$0.91	$0.59	$0.91	84%	0.65	$81.09
$82.00	$80.50	Sep 23	$0.88	$0.62	$0.88	79%	0.70	$81.12

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 44 found (best R:R 0.16, avg 0.43)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$82.00	Oct 30	$0.46	$0.46	$0.54	54%	0.85	$81.46
$81.00	$82.00	Oct 16	$0.43	$0.43	$0.57	54%	0.75	$81.43
$81.00	$81.50	Oct 2	$0.24	$0.24	$0.26	54%	0.92	$81.24
$82.00	$83.00	Oct 16	$0.28	$0.28	$0.72	67%	0.39	$82.28
$82.00	$83.00	Oct 30	$0.33	$0.33	$0.67	63%	0.49	$82.33

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$80.00	$78.00	Sep 30	$0.28	$0.28	$1.72	70%	0.16	$79.72
$80.50	$79.50	Sep 23	$0.22	$0.22	$0.78	63%	0.28	$80.28
$80.00	$78.00	Oct 16	$0.47	$0.47	$1.53	61%	0.31	$79.53
$78.50	$77.50	Oct 9	$0.12	$0.12	$0.88	82%	0.14	$78.38
$80.00	$79.50	Sep 25	$0.10	$0.10	$0.40	74%	0.25	$79.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $0.16, cheapest $0.16)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.00	Sep 23	Sep 28	$0.16	12.2%	10.2%

PUTS (0)

No puts found

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 163 found (cheapest 0.53% of stock, avg 4.66%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$80.50	Sep 16	$0.42	$0.01	$0.43	$80.07	$80.93	0.53%
$81.50	Sep 16	$0.01	$0.59	$0.60	$80.90	$82.10	0.74%
$81.50	Sep 18	$0.14	$0.70	$0.84	$80.66	$82.34	1.04%
$80.00	Sep 16	$0.91	$0.01	$0.92	$79.08	$80.92	1.14%
$82.00	Sep 16	$0.01	$1.08	$1.09	$80.91	$83.09	1.35%
$80.00	Sep 18	$1.02	$0.08	$1.10	$78.90	$81.10	1.36%
$82.00	Sep 18	$0.06	$1.12	$1.18	$80.82	$83.18	1.46%
$80.00	Sep 21	$1.07	$0.12	$1.19	$78.81	$81.19	1.47%
$82.00	Sep 21	$0.10	$1.14	$1.24	$80.76	$83.24	1.53%
$82.00	Sep 23	$0.17	$1.20	$1.37	$80.63	$83.37	1.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 206 found (cheapest 0.09% of stock, avg 0.90%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$79.50	Sep 18	$0.03	$0.04	$0.07	$79.43	$82.57
$82.50	$79.00	Sep 21	$0.05	$0.03	$0.08	$78.92	$82.58
$83.00	$78.50	Sep 23	$0.06	$0.04	$0.10	$78.40	$83.10
$82.00	$79.50	Sep 18	$0.06	$0.04	$0.10	$79.40	$82.10
$82.50	$79.50	Sep 21	$0.05	$0.06	$0.11	$79.39	$82.61
$83.00	$79.00	Sep 23	$0.06	$0.06	$0.12	$78.88	$83.12
$83.50	$78.50	Sep 25	$0.06	$0.06	$0.12	$78.38	$83.62
$82.50	$80.00	Sep 18	$0.03	$0.08	$0.11	$79.89	$82.61
$84.00	$78.00	Sep 30	$0.07	$0.07	$0.14	$77.86	$84.14
$82.50	$78.50	Sep 23	$0.09	$0.04	$0.13	$78.37	$82.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 18 found (best R:R 1.38, avg credit $0.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
78/79	82/82	Oct 23	$0.29	$0.21	37%	1.38	$78.71	$82.29
79/80	82/82	Oct 23	$0.31	$0.19	31%	1.63	$79.19	$82.31
79/80	82/82	Oct 9	$0.27	$0.23	39%	1.17	$79.23	$82.27
79/80	82/82	Oct 2	$0.24	$0.26	44%	0.92	$79.26	$82.24
78/79	83/84	Oct 23	$0.22	$0.28	48%	0.79	$78.78	$83.22
78/79	82/83	Oct 23	$0.24	$0.26	43%	0.92	$78.76	$82.74
79/80	83/84	Oct 23	$0.24	$0.26	42%	0.92	$79.26	$83.24
79/80	82/83	Oct 23	$0.26	$0.24	37%	1.08	$79.24	$82.76
80/80	82/82	Sep 25	$0.20	$0.30	48%	0.67	$79.80	$82.20
80/80	82/82	Sep 21	$0.21	$0.29	37%	0.72	$80.29	$81.71

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 47 found (best R:R 3.55, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$78.00	$79.00	$80.00	Sep 30	$0.06	$0.94	23%	15.67
$77.00	$78.00	$79.00	Oct 30	$0.06	$0.94	17%	15.67
$79.00	$80.00	$81.00	Sep 30	$0.19	$0.81	36%	4.26
$80.00	$81.00	$82.00	Sep 30	$0.23	$0.77	40%	3.35
$77.00	$78.00	$79.00	Oct 16	$0.08	$0.92	18%	11.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$80.50	$81.00	Sep 16	$0.11	$0.39	86%	3.55
$65.00	$70.00	$75.00	Oct 30	$0.07	$4.93	6%	70.43
$80.50	$81.00	$81.50	Sep 16	$0.36	$0.14	95%	0.39
$80.00	$81.00	$82.00	Sep 25	$0.28	$0.72	49%	2.57
$82.00	$83.00	$84.00	Sep 21	$0.06	$0.94	16%	15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 139 found (best net $-1.05, 110 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$1.05	$3.95
$70.00	$75.00	1:2	Oct 30	-$1.25	$3.75
$76.00	$78.00	1:2	Sep 21	-$1.01	$0.99
$70.00	$74.00	1:2	Oct 16	-$3.05	$0.95
$76.00	$78.00	1:2	Sep 23	-$1.02	$0.98

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$92.00	$87.00	1:2	Oct 23	-$1.27	$3.73
$83.00	$82.00	1:2	Sep 21	-$0.19	$0.81
$83.00	$82.00	1:2	Sep 23	-$0.29	$0.71
$83.00	$81.50	1:2	Oct 23	-$0.49	$1.01
$82.00	$81.50	1:2	Sep 16	-$0.10	$0.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 62 found (best yield 1.68%, avg 0.44%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$81.00	Oct 30	$1.36	0.46	0.1%	1.68%	1.83%	1.9K	1.7K
$82.00	Oct 30	$0.90	0.37	1.4%	1.11%	2.50%	2.8K	1.5K
$81.00	Oct 23	$1.20	0.47	0.1%	1.48%	1.63%	347	1.4K
$81.50	Oct 23	$0.96	0.41	0.8%	1.19%	1.95%	1.1K	2.8K
$82.00	Oct 23	$0.76	0.35	1.4%	0.94%	2.32%	148	1.6K
$83.00	Oct 30	$0.57	0.27	2.6%	0.70%	3.33%	693	2.1K
$81.00	Oct 16	$1.06	0.47	0.1%	1.31%	1.46%	8.8K	37.5K
$82.50	Oct 23	$0.58	0.29	2.0%	0.72%	2.72%	1.2K	1.3K
$82.00	Oct 16	$0.63	0.33	1.4%	0.78%	2.16%	22.9K	44.1K
$81.00	Oct 9	$0.91	0.46	0.1%	1.13%	1.27%	388	1.5K

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 638,256

Total Puts 251,024

Put/Call Ratio 0.39

Net Difference 387,232

Prior's Put/Call Breakdown

Total Calls 344,612

Total Puts 176,973

Put/Call Ratio 0.51

Net Difference 167,639

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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📈 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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