TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.54 +0.82%

(9/16 16:01) ◀

Thursday, September 17, 2026 (10:00am)

▶ (9/17 11:00)

◀ 9/17 10:00 ▶

Option Volume

Detail

ℹ

Current (09/17 10:00am) 120,030

Calls: 96,127 (80%)

Puts: 23,903 (20%)

Prior (09/16) 120,749

Calls: 96,794 (80%)

Puts: 23,955 (20%)

Current vs Prior -0.60%

Calls: -0.69% (Calls)

Puts: -0.22% (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 -79.43%

Calls: -72.68%

Puts: -89.68%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/17 10:00am) $5.13M

Calls: $4.21M (82%)

Puts: $917.6K (18%)

Prior (09/16) $13.35M

Calls: $12.49M (94%)

Puts: $853.7K (6%)

Current vs Prior -61.55%

Calls: -66.26%

Puts: +7.48%

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 -88.08%

Calls: -80.81%

Puts: -95.65%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/17 10:00am) 0.25

Prior (09/16) 0.25

Current vs Prior +0.48%

Prior 7-Day Average 0.63

Current vs Prior 7-Day Avg -60.72%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/17 10:00am) 4,167,727

Calls: 2,664,673 (64%)

Puts: 1,503,054 (36%)

Prior (09/16) 4,218,800

Calls: 2,620,787 (62%)

Puts: 1,598,013 (38%)

Current vs Prior -1.21%

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 +6.62%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/18) | Next (09/21)Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)

Current 0.98% | 1.15%0.98% | 1.62%0.98% | 3.15%

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

Current vs Prior -17.51% | -28.43%-39.09% | -27.01%-17.51% | -16.32%

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

Current vs 7-Day Avg -9.79% | -23.88%-14.78% | -11.86%-41.86% | -12.77%

Prior 7-Day Eod 1.19% | 1.61%1.25% | 1.88%0.75% | 3.51%

Current vs 7-Day Eod -17.51% | -28.43%-21.42% | -13.84%+30.12% | -10.22%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.63% | 2.23%

Calls: 3.57% | 2.70%

Puts: 7.69% | 1.75%

Prior 3.12% | 5.42%

Calls: 2.08% | 4.48%

Puts: 4.17% | 6.35%

Current vs Prior +80.45% | -58.86%

Prior 7-Day Avg 2.78% | 3.13%

Calls: 2.81% | 3.05%

Puts: 2.74% | 3.19%

Current vs 7-Day Avg +102.62% | -28.66%

Liquidity Good

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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($4.21M) vs puts ($917.6K). Light premium activity with dollar volume down 62% vs prior. Extreme bullish P/C ratio of 0.25 - heavy call buying (96,127 calls vs 23,903 puts). Call-heavy open interest (2,664,673 calls vs 1,503,054 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 NEUTRAL

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 299 of results (avg 3.1%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 23	1.44	1.45	$1.44	0.7%	69	0.56	1.3K
$70.00	Sep 25	11.60	11.70	$11.65	0.9%	--	1.00	26
$80.00	Oct 23	2.12	2.14	$2.13	0.9%	22	0.72	358
$67.00	Oct 16	14.60	14.75	$14.68	1.0%	--	1.00	87
$81.00	Sep 25	0.91	0.92	$0.92	1.1%	181	0.68	5.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$93.00	Sep 18	11.40	11.50	$11.45	0.9%	--	1.00	15
$92.00	Sep 18	10.40	10.50	$10.45	1.0%	--	1.00	4.6K
$83.00	Oct 23	1.99	2.01	$2.00	1.0%	--	0.71	258
$83.00	Oct 16	1.93	1.95	$1.94	1.0%	7	0.73	33.9K
$91.00	Sep 18	9.40	9.50	$9.45	1.1%	--	1.00	25

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 135 found (avg $0.33, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.09	0.10	$0.10	10.0%	6.7K	0.25	109.3K
$82.50	Sep 21	0.06	0.07	$0.07	14.3%	160	0.14	12.5K
$81.50	Sep 18	0.27	0.28	$0.28	3.6%	10.8K	0.54	49.9K
$82.00	Sep 21	0.15	0.16	$0.16	6.3%	1.6K	0.29	1.5K
$83.00	Sep 23	0.06	0.07	$0.07	14.3%	59	0.11	9.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 18	0.05	0.06	$0.06	16.7%	1.6K	0.17	71.8K
$81.50	Sep 18	0.20	0.21	$0.21	4.8%	2.6K	0.46	7.7K
$81.00	Sep 21	0.11	0.12	$0.12	8.3%	113	0.25	3.1K
$81.50	Sep 21	0.27	0.28	$0.28	3.6%	26	0.48	1.1K
$80.50	Sep 23	0.10	0.11	$0.11	9.1%	188	0.17	1.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 213 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$72.00	Sep 21	9.50	9.65	$9.57	1.6%	--	1.00	70
$74.00	Sep 21	7.55	7.65	$7.60	1.3%	--	1.00	70
$76.00	Sep 21	5.50	5.65	$5.58	2.7%	--	1.00	30
$78.00	Sep 21	3.55	3.65	$3.60	2.8%	--	1.00	97
$78.50	Sep 21	3.05	3.15	$3.10	3.2%	1	1.00	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Sep 18	1.91	1.98	$1.94	3.6%	11	1.00	505
$84.00	Sep 18	2.41	2.49	$2.45	3.3%	4	1.00	4.9K
$85.00	Sep 18	3.40	3.50	$3.45	2.9%	--	1.00	3.2K
$86.00	Sep 18	4.40	4.50	$4.45	2.2%	--	1.00	6.0K
$87.00	Sep 18	5.40	5.50	$5.45	1.8%	--	1.00	3.1K

Most actively traded options today. High liquidity = easy entry/exit. 305 active (total vol 120.0K, top 11.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 16	0.77	0.78	$0.78	1.3%	11.3K	0.41	52.7K
$81.50	Sep 18	0.27	0.28	$0.28	3.6%	10.8K	0.54	49.9K
$83.00	Oct 16	0.43	0.44	$0.44	2.3%	10.4K	0.27	151.6K
$82.00	Sep 18	0.09	0.10	$0.10	10.0%	6.7K	0.25	109.3K
$86.00	Oct 2	0.03	0.04	$0.04	25.0%	5.6K	0.04	8.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.50	0.54	$0.52	7.7%	3.4K	0.76	105.8K
$80.00	Sep 18	0.00	0.01	$0.01	100.0%	3.1K	0.02	75.4K
$81.50	Sep 18	0.20	0.21	$0.21	4.8%	2.6K	0.46	7.7K
$83.00	Sep 18	1.41	1.48	$1.44	4.9%	1.8K	0.96	16.8K
$78.00	Sep 25	0.00	0.01	$0.01	100.0%	1.6K	0.01	6.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 22.3%, max 30.8%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 18	Oct 23	12.2%	9.3%	30.8%	10.9K	53.2K
$81.00	Sep 18	Oct 30	12.4%	9.7%	28.4%	1.9K	56.4K
$82.00	Sep 18	Oct 30	13.4%	12.5%	7.6%	7.8K	113.0K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 18	Oct 23	12.2%	9.3%	30.8%	2.6K	8.5K
$81.00	Sep 18	Oct 30	12.4%	9.7%	28.4%	1.6K	75.3K
$82.00	Sep 18	Oct 30	13.4%	12.5%	7.6%	3.5K	109.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 76 found (best R:R 1.08, avg 2.03)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$81.50	Sep 21	$0.33	$0.17	$0.33	76%	0.52	$81.33
$84.00	$85.00	Oct 16	$0.10	$0.90	$0.10	16%	9.00	$84.10
$81.50	$82.00	Sep 18	$0.18	$0.32	$0.18	54%	1.78	$81.68
$81.00	$81.50	Sep 23	$0.32	$0.18	$0.32	70%	0.56	$81.32
$84.00	$85.00	Oct 30	$0.16	$0.84	$0.16	22%	5.25	$84.16

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Oct 16	$0.48	$0.52	$0.48	60%	1.08	$81.52
$81.00	$80.00	Oct 30	$0.33	$0.67	$0.33	45%	2.03	$80.67
$82.00	$81.00	Oct 30	$0.48	$0.52	$0.48	57%	1.08	$81.52
$81.00	$80.50	Oct 23	$0.17	$0.33	$0.17	45%	1.94	$80.83
$81.00	$80.00	Oct 16	$0.32	$0.68	$0.32	45%	2.12	$80.68

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 43 found (best R:R 0.41, avg 0.43)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 30	$0.29	$0.29	$0.71	60%	0.41	$82.29
$82.00	$83.00	Oct 30	$0.39	$0.39	$0.61	57%	0.64	$82.39
$82.00	$82.50	Oct 2	$0.19	$0.19	$0.31	62%	0.61	$82.19
$83.00	$84.00	Oct 30	$0.27	$0.27	$0.73	69%	0.37	$83.27
$83.00	$84.00	Oct 16	$0.21	$0.21	$0.79	73%	0.27	$83.21

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Sep 18	$0.15	$0.15	$0.35	54%	0.43	$81.35
$81.00	$80.00	Sep 30	$0.22	$0.22	$0.78	65%	0.28	$80.78
$81.00	$80.50	Sep 25	$0.12	$0.12	$0.38	68%	0.32	$80.88
$81.00	$80.50	Oct 2	$0.18	$0.18	$0.32	58%	0.56	$80.82
$81.50	$81.00	Sep 21	$0.16	$0.16	$0.34	52%	0.47	$81.34

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.08, cheapest $0.07)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Sep 18	Sep 21	$0.09	12.2%	8.6%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Sep 18	Sep 21	$0.07	12.2%	8.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 183 found (cheapest 0.60% of stock, avg 4.09%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Sep 18	$0.28	$0.21	$0.49	$81.01	$81.99	0.60%
$82.00	Sep 18	$0.10	$0.52	$0.62	$81.38	$82.62	0.76%
$81.50	Sep 21	$0.37	$0.28	$0.65	$80.85	$82.15	0.80%
$81.00	Sep 18	$0.64	$0.06	$0.70	$80.30	$81.70	0.86%
$82.00	Sep 21	$0.16	$0.57	$0.73	$81.27	$82.73	0.90%
$81.00	Sep 21	$0.70	$0.12	$0.82	$80.18	$81.82	1.01%
$81.50	Sep 23	$0.49	$0.39	$0.88	$80.62	$82.38	1.08%
$82.00	Sep 23	$0.27	$0.66	$0.93	$81.07	$82.93	1.14%
$82.50	Sep 18	$0.03	$0.96	$0.99	$81.51	$83.49	1.21%
$81.00	Sep 23	$0.81	$0.21	$1.02	$79.98	$82.02	1.25%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 215 found (cheapest 0.06% of stock, avg 0.83%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$80.50	Sep 18	$0.03	$0.02	$0.05	$80.45	$82.55
$83.00	$80.50	Sep 21	$0.03	$0.04	$0.07	$80.43	$83.07
$84.00	$79.50	Sep 25	$0.04	$0.04	$0.08	$79.42	$84.08
$83.50	$80.00	Sep 23	$0.04	$0.05	$0.09	$79.91	$83.59
$82.50	$81.00	Sep 18	$0.03	$0.06	$0.09	$80.91	$82.59
$83.50	$79.50	Sep 25	$0.07	$0.04	$0.11	$79.39	$83.61
$82.50	$80.50	Sep 21	$0.07	$0.04	$0.11	$80.39	$82.61
$84.00	$79.50	Sep 28	$0.06	$0.06	$0.12	$79.38	$84.12
$83.00	$80.00	Sep 23	$0.07	$0.05	$0.12	$79.88	$83.12
$84.00	$80.00	Sep 25	$0.04	$0.08	$0.12	$79.88	$84.12

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 1.08, avg credit $0.32)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	83/84	Oct 23	$0.26	$0.24	40%	1.08	$79.74	$83.26
80/80	82/83	Oct 9	$0.28	$0.22	35%	1.27	$80.22	$82.78
80/80	83/84	Oct 9	$0.24	$0.26	42%	0.92	$80.26	$83.24
80/80	82/83	Oct 2	$0.24	$0.26	40%	0.92	$80.26	$82.74
78/79	83/84	Oct 30	$0.42	$0.58	47%	0.72	$78.58	$83.42
78/79	84/85	Oct 30	$0.31	$0.69	56%	0.45	$78.69	$84.31
78/79	83/84	Oct 16	$0.32	$0.68	55%	0.47	$78.68	$83.32
78/79	84/85	Oct 16	$0.21	$0.79	66%	0.27	$78.79	$84.21
79/80	83/84	Oct 30	$0.49	$0.51	36%	0.96	$79.51	$83.49
79/80	83/84	Oct 16	$0.41	$0.59	44%	0.69	$79.59	$83.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 99 found (best R:R 15.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$78.00	$79.00	$80.00	Oct 16	$0.06	$0.94	23%	15.67
$79.00	$80.00	$81.00	Oct 30	$0.08	$0.92	26%	11.50
$80.00	$81.00	$82.00	Sep 30	$0.22	$0.78	43%	3.55
$79.00	$80.00	$81.00	Sep 30	$0.12	$0.88	28%	7.33
$79.00	$80.00	$81.00	Oct 16	$0.14	$0.86	31%	6.14

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Sep 30	$0.22	$0.78	43%	3.55
$81.00	$81.50	$82.00	Sep 18	$0.16	$0.34	58%	2.12
$80.50	$81.00	$81.50	Sep 21	$0.08	$0.42	39%	5.25
$79.00	$80.00	$81.00	Sep 30	$0.13	$0.87	28%	6.69
$79.00	$80.00	$81.00	Oct 16	$0.12	$0.88	27%	7.33

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 $-1.65, 123 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 25	-$1.65	$3.35
$70.00	$75.00	1:2	Sep 30	-$1.72	$3.28
$70.00	$75.00	1:2	Oct 30	-$1.82	$3.18
$80.00	$81.00	1:2	Sep 30	-$0.27	$0.73
$76.00	$78.00	1:2	Sep 21	-$1.62	$0.38

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$90.00	$87.00	1:2	Sep 30	-$2.45	$0.55
$83.00	$82.00	1:2	Sep 30	-$0.07	$0.93
$87.00	$85.00	1:2	Sep 30	-$1.45	$0.55
$84.00	$83.00	1:2	Sep 23	-$0.50	$0.50
$82.50	$82.00	1:2	Sep 18	-$0.08	$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 51 found (best yield 1.30%, avg 0.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$1.06	0.43	0.6%	1.30%	1.86%	1.2K	3.7K
$83.00	Oct 30	$0.67	0.31	1.8%	0.82%	2.61%	37	2.3K
$82.00	Oct 23	$0.90	0.42	0.6%	1.10%	1.67%	203	1.6K
$82.50	Oct 23	$0.70	0.35	1.2%	0.86%	2.04%	412	2.5K
$83.00	Oct 23	$0.54	0.29	1.8%	0.66%	2.45%	957	1.1K
$82.00	Oct 16	$0.77	0.41	0.6%	0.94%	1.51%	11.3K	52.7K
$84.00	Oct 30	$0.40	0.22	3.0%	0.49%	3.51%	85	2.7K
$83.50	Oct 23	$0.40	0.24	2.4%	0.49%	2.89%	286	393
$83.00	Oct 16	$0.43	0.27	1.8%	0.53%	2.32%	10.4K	151.6K
$82.00	Oct 9	$0.62	0.39	0.6%	0.76%	1.32%	241	5.3K

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 96,127

Total Puts 23,903

Put/Call Ratio 0.25

Net Difference 72,224

Prior's Put/Call Breakdown

Total Calls 96,794

Total Puts 23,955

Put/Call Ratio 0.25

Net Difference 72,839

Prior 7-Day Put/Call Summary

Total Calls 2,462,706

Total Puts 1,621,702

Average Put/Call Ratio 0.63

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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📈 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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