TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.50 +0.77%

(9/17 10:00) ◀

Thursday, September 17, 2026 (11:00am)

▶ (9/17 12:00)

◀ 9/17 11:00 ▶

Option Volume

Detail

ℹ

Current (09/17 11:00am) 209,057

Calls: 169,814 (81%)

Puts: 39,243 (19%)

Prior (09/16) 244,488

Calls: 175,972 (72%)

Puts: 68,516 (28%)

Current vs Prior -14.49%

Calls: -3.50% (Calls)

Puts: -42.72% (Puts)

Prior 7-Day Total 4,597,531

Calls: 2,816,825 (61%)

Puts: 1,780,706 (39%)

Prior 7-Day Average 656,790

Calls: 402,403 (61%)

Puts: 254,386 (39%)

Current vs Prior 7-Day Avg -68.17%

Calls: -57.80%

Puts: -84.57%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/17 11:00am) $7.84M

Calls: $6.25M (80%)

Puts: $1.60M (20%)

Prior (09/16) $19.64M

Calls: $17.14M (87%)

Puts: $2.50M (13%)

Current vs Prior -60.07%

Calls: -63.56%

Puts: -36.12%

Prior 7-Day Total $340.77M

Calls: $187.02M (55%)

Puts: $153.75M (45%)

Prior 7-Day Average $48.68M

Calls: $26.72M (55%)

Puts: $21.96M (45%)

Current vs Prior 7-Day Avg -83.89%

Calls: -76.62%

Puts: -92.73%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/17 11:00am) 0.23

Prior (09/16) 0.39

Current vs Prior -40.65%

Prior 7-Day Average 0.64

Current vs Prior 7-Day Avg -64.06%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/17 11:00am) 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 27,708,358

Calls: 16,911,378 (61%)

Puts: 10,796,980 (39%)

Prior 7-Day Average 3,958,336

Calls: 2,415,911 (61%)

Puts: 1,542,425 (39%)

Current vs Prior 7-Day Avg +5.29%

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 0.58% | 0.79%0.58% | 1.26%0.58% | 3.12%

Prior 1.24% | 1.38%1.24% | 1.88%0.67% | 3.49%

Current vs Prior -53.36% | -43.29%-53.36% | -32.75%-13.63% | -10.61%

Prior 7-Day Avg 1.12% | 1.52%1.23% | 1.92%1.50% | 3.61%

Current vs 7-Day Avg -48.43% | -48.50%-53.27% | -34.09%-61.45% | -13.77%

Prior 7-Day Eod 1.24% | 1.38%1.25% | 1.88%0.75% | 3.51%

Current vs 7-Day Eod -53.36% | -43.29%-53.81% | -32.74%-23.51% | -11.22%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.28% | 3.13%

Calls: 4.00% | 2.94%

Puts: 4.55% | 3.33%

Prior 15.46% | -0.72%

Calls: 8.70% | -1.45%

Puts: 22.22% | 0.00%

Current vs Prior -72.32% | -534.72%

Prior 7-Day Avg 4.65% | 3.26%

Calls: 3.72% | 3.17%

Puts: 5.58% | 3.35%

Current vs 7-Day Avg -7.90% | -3.94%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($6.25M) vs puts ($1.60M). Light premium activity with dollar volume down 60% vs prior. Extreme bullish P/C ratio of 0.23 - heavy call buying (169,814 calls vs 39,243 puts). P/C ratio dropping 41% - 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 NEUTRAL

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
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 3.0%, best 0.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Oct 30	2.21	2.22	$2.22	0.5%	55	0.70	1.9K
$80.00	Oct 23	2.06	2.07	$2.07	0.5%	26	0.72	358
$81.00	Oct 30	1.54	1.55	$1.55	0.6%	153	0.55	1.8K
$81.00	Oct 16	1.24	1.25	$1.25	0.8%	2.3K	0.56	37.2K
$70.00	Sep 25	11.55	11.65	$11.60	0.9%	--	1.00	26

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 2	1.08	1.09	$1.09	0.9%	14	0.64	1.8K
$83.00	Oct 30	2.09	2.11	$2.10	1.0%	15	0.69	1.5K
$97.00	Oct 16	15.60	15.75	$15.68	1.0%	--	0.99	121
$96.00	Oct 16	14.60	14.75	$14.68	1.0%	--	0.99	86
$95.00	Oct 16	13.60	13.75	$13.68	1.1%	--	0.99	1.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 133 found (avg $0.32, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.07	0.08	$0.08	12.5%	21.6K	0.22	109.3K
$82.50	Sep 21	0.05	0.06	$0.06	16.7%	174	0.13	12.5K
$81.50	Sep 18	0.24	0.25	$0.25	4.0%	12.3K	0.52	49.9K
$82.00	Sep 21	0.13	0.14	$0.14	7.1%	2.6K	0.27	1.5K
$83.00	Sep 23	0.06	0.07	$0.07	14.3%	206	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%	3.2K	0.18	71.8K
$81.50	Sep 18	0.21	0.22	$0.22	4.5%	4.6K	0.49	7.7K
$81.00	Sep 21	0.12	0.13	$0.13	7.7%	132	0.26	3.1K
$81.50	Sep 21	0.29	0.30	$0.30	3.3%	675	0.50	1.1K
$80.50	Sep 23	0.10	0.11	$0.11	9.1%	188	0.18	1.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 215 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Oct 2	11.55	11.70	$11.63	1.3%	--	1.00	123
$72.00	Oct 2	9.55	9.70	$9.63	1.6%	14	1.00	--
$76.00	Oct 2	5.55	5.70	$5.63	2.7%	120	1.00	1
$77.00	Oct 2	4.60	4.70	$4.65	2.2%	--	1.00	72
$77.50	Oct 2	4.10	4.20	$4.15	2.4%	--	1.00	12

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 18	1.45	1.52	$1.49	4.7%	1.9K	1.00	16.8K
$83.50	Sep 18	1.95	2.03	$1.99	4.0%	51	1.00	505
$84.00	Sep 18	2.46	2.51	$2.49	2.0%	19	1.00	4.9K
$85.00	Sep 18	3.40	3.55	$3.47	4.3%	1	1.00	3.2K
$86.00	Sep 18	4.40	4.55	$4.47	3.4%	--	1.00	6.0K

Most actively traded options today. High liquidity = easy entry/exit. 363 active (total vol 209.0K, top 22.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 16	0.38	0.39	$0.39	2.6%	22.7K	0.25	151.6K
$82.00	Sep 18	0.07	0.08	$0.08	12.5%	21.6K	0.22	109.3K
$82.00	Oct 16	0.71	0.73	$0.72	2.8%	14.1K	0.39	52.7K
$81.50	Sep 18	0.24	0.25	$0.25	4.0%	12.3K	0.52	49.9K
$83.00	Sep 25	0.10	0.11	$0.11	9.1%	11.7K	0.15	5.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 18	0.21	0.22	$0.22	4.5%	4.6K	0.49	7.7K
$82.00	Sep 18	0.54	0.56	$0.55	3.6%	3.7K	0.79	105.8K
$80.00	Sep 18	0.00	0.01	$0.01	100.0%	3.4K	0.02	75.4K
$81.00	Sep 18	0.05	0.06	$0.06	16.7%	3.2K	0.18	71.8K
$78.00	Sep 25	0.01	0.02	$0.02	50.0%	2.2K	0.02	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 21.0%, max 31.8%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 18	Oct 23	11.9%	9.1%	31.8%	12.6K	53.2K
$81.00	Sep 18	Oct 30	12.1%	9.6%	25.8%	2.5K	56.4K
$82.00	Sep 18	Oct 30	12.9%	12.3%	5.5%	22.9K	113.0K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 18	Oct 23	11.9%	9.1%	31.8%	4.6K	8.5K
$81.00	Sep 18	Oct 30	12.1%	9.6%	25.8%	3.4K	75.3K
$82.00	Sep 18	Oct 30	12.9%	12.3%	5.5%	3.8K	109.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 75 found (best R:R 1.94, avg 1.97)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$81.50	Sep 21	$0.32	$0.18	$0.32	74%	0.56	$81.32
$81.00	$81.50	Sep 23	$0.31	$0.19	$0.31	69%	0.61	$81.31
$84.00	$85.00	Oct 30	$0.15	$0.85	$0.15	21%	5.67	$84.15
$82.00	$82.50	Sep 23	$0.12	$0.38	$0.12	33%	3.17	$82.12
$81.50	$82.00	Sep 25	$0.22	$0.28	$0.22	51%	1.27	$81.72

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Oct 30	$0.34	$0.66	$0.34	46%	1.94	$80.66
$82.00	$81.00	Oct 16	$0.50	$0.50	$0.50	61%	1.00	$81.50
$82.00	$81.00	Oct 30	$0.49	$0.51	$0.49	58%	1.04	$81.51
$81.50	$81.00	Oct 23	$0.22	$0.28	$0.22	55%	1.27	$81.28
$80.00	$79.00	Oct 30	$0.22	$0.78	$0.22	33%	3.55	$79.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 34 found (best R:R 0.64, avg 0.38)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Oct 30	$0.39	$0.39	$0.61	58%	0.64	$82.39
$82.00	$83.00	Oct 16	$0.33	$0.33	$0.67	61%	0.49	$82.33
$82.00	$83.00	Sep 30	$0.27	$0.27	$0.73	61%	0.37	$82.27
$83.00	$84.00	Oct 16	$0.19	$0.19	$0.81	75%	0.23	$83.19
$82.00	$82.50	Oct 2	$0.17	$0.17	$0.33	64%	0.52	$82.17

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Sep 30	$0.23	$0.23	$0.77	64%	0.30	$80.77
$81.00	$80.50	Sep 23	$0.11	$0.11	$0.39	69%	0.28	$80.89
$81.00	$80.50	Sep 28	$0.13	$0.13	$0.37	65%	0.35	$80.87
$81.00	$80.50	Sep 25	$0.12	$0.12	$0.38	67%	0.32	$80.88
$81.00	$80.50	Oct 2	$0.18	$0.18	$0.32	57%	0.56	$80.82

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

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Sep 18	Sep 21	$0.09	11.9%	8.5%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Sep 18	Sep 21	$0.08	11.9%	8.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 185 found (cheapest 0.58% of stock, avg 4.11%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Sep 18	$0.25	$0.22	$0.47	$81.03	$81.97	0.58%
$82.00	Sep 18	$0.08	$0.55	$0.63	$81.37	$82.63	0.77%
$81.50	Sep 21	$0.34	$0.30	$0.64	$80.86	$82.14	0.79%
$81.00	Sep 18	$0.60	$0.06	$0.66	$80.34	$81.66	0.81%
$82.00	Sep 21	$0.14	$0.60	$0.74	$81.26	$82.74	0.91%
$81.00	Sep 21	$0.66	$0.13	$0.79	$80.21	$81.79	0.97%
$81.50	Sep 23	$0.46	$0.40	$0.86	$80.64	$82.36	1.06%
$82.00	Sep 23	$0.25	$0.69	$0.94	$81.06	$82.94	1.15%
$81.00	Sep 23	$0.77	$0.22	$0.99	$80.01	$81.99	1.21%
$82.50	Sep 18	$0.03	$0.99	$1.02	$81.48	$83.52	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 0.80%)

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	$0.05	$0.09	$79.41	$84.09
$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
$82.50	$80.50	Sep 21	$0.06	$0.04	$0.10	$80.40	$82.60
$83.50	$79.50	Sep 25	$0.06	$0.05	$0.11	$79.39	$83.61
$84.00	$79.50	Sep 28	$0.05	$0.06	$0.11	$79.39	$84.11
$82.00	$80.50	Sep 18	$0.08	$0.02	$0.10	$80.40	$82.10
$83.00	$80.00	Sep 23	$0.07	$0.05	$0.12	$79.88	$83.12

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 1.00, 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	$0.25	$0.25	41%	1.00	$79.75	$83.25
80/80	82/83	Oct 23	$0.28	$0.22	35%	1.27	$79.72	$82.78
80/80	82/83	Oct 2	$0.23	$0.27	41%	0.85	$80.27	$82.73
80/81	82/82	Sep 23	$0.23	$0.27	35%	0.85	$80.77	$82.23
78/79	83/84	Oct 30	$0.40	$0.60	47%	0.67	$78.60	$83.40
78/79	84/85	Oct 30	$0.30	$0.70	57%	0.43	$78.70	$84.30
78/79	83/84	Oct 16	$0.30	$0.70	56%	0.43	$78.70	$83.30
79/80	83/84	Oct 16	$0.39	$0.61	45%	0.64	$79.61	$83.39
79/80	83/84	Oct 30	$0.47	$0.53	37%	0.89	$79.53	$83.47
79/80	84/85	Oct 30	$0.37	$0.63	46%	0.59	$79.63	$84.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 101 found (best R:R 19.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$78.00	$79.00	$80.00	Oct 30	$0.05	$0.95	20%	19.00
$79.00	$80.00	$81.00	Oct 16	$0.13	$0.87	32%	6.69
$79.00	$80.00	$81.00	Sep 30	$0.12	$0.88	29%	7.33
$78.00	$79.00	$80.00	Oct 16	$0.09	$0.91	23%	10.11
$80.00	$81.00	$82.00	Sep 30	$0.24	$0.76	44%	3.17

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Sep 30	$0.22	$0.78	44%	3.55
$80.50	$81.00	$81.50	Sep 21	$0.08	$0.42	40%	5.25
$81.00	$81.50	$82.00	Sep 18	$0.17	$0.33	61%	1.94
$79.00	$80.00	$81.00	Sep 30	$0.14	$0.86	29%	6.14
$81.50	$82.00	$82.50	Sep 18	$0.11	$0.39	45%	3.55

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 $-1.60, 117 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 25	-$1.60	$3.40
$70.00	$75.00	1:2	Sep 30	-$1.67	$3.33
$70.00	$75.00	1:2	Oct 30	-$1.73	$3.27
$72.00	$76.00	1:2	Oct 2	-$1.63	$2.37
$80.00	$81.00	1:2	Sep 30	-$0.21	$0.79

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$85.50	$83.50	1:2	Sep 25	$0.00	$2.00
$83.00	$82.00	1:2	Sep 30	-$0.09	$0.91
$90.00	$87.00	1:2	Sep 30	-$2.52	$0.48
$87.00	$85.00	1:2	Sep 30	-$1.50	$0.50
$84.00	$83.00	1:2	Sep 23	-$0.51	$0.49

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 0.38%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$1.01	0.42	0.6%	1.24%	1.85%	1.3K	3.7K
$81.50	Oct 23	$1.09	0.46	0.0%	1.34%	1.34%	232	3.2K
$83.00	Oct 30	$0.62	0.30	1.8%	0.76%	2.60%	71	2.3K
$82.00	Oct 23	$0.85	0.41	0.6%	1.04%	1.66%	329	1.6K
$82.50	Oct 23	$0.65	0.34	1.2%	0.80%	2.02%	470	2.5K
$83.00	Oct 23	$0.49	0.28	1.8%	0.60%	2.44%	1.0K	1.1K
$82.00	Oct 16	$0.71	0.39	0.6%	0.87%	1.48%	14.1K	52.7K
$84.00	Oct 30	$0.37	0.21	3.1%	0.45%	3.52%	131	2.7K
$81.50	Oct 9	$0.81	0.47	0.0%	0.99%	0.99%	342	7.5K
$83.50	Oct 23	$0.36	0.22	2.5%	0.44%	2.90%	394	393

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 169,814

Total Puts 39,243

Put/Call Ratio 0.23

Net Difference 130,571

Prior's Put/Call Breakdown

Total Calls 175,972

Total Puts 68,516

Put/Call Ratio 0.39

Net Difference 107,456

Prior 7-Day Put/Call Summary

Total Calls 2,816,825

Total Puts 1,780,706

Average Put/Call Ratio 0.64

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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