TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.68 +0.98%

(9/17 11:00) ◀

Thursday, September 17, 2026 (12:00pm)

▶ (9/17 13:00)

◀ 9/17 12:00 ▶

Option Volume

Detail

ℹ

Current (09/17 12:00pm) 256,310

Calls: 203,819 (80%)

Puts: 52,491 (20%)

Prior (09/16) 313,702

Calls: 221,764 (71%)

Puts: 91,938 (29%)

Current vs Prior -18.30%

Calls: -8.09% (Calls)

Puts: -42.91% (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 -60.98%

Calls: -49.35%

Puts: -79.37%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/17 12:00pm) $10.48M

Calls: $8.61M (82%)

Puts: $1.87M (18%)

Prior (09/16) $21.66M

Calls: $18.40M (85%)

Puts: $3.26M (15%)

Current vs Prior -51.60%

Calls: -53.19%

Puts: -42.64%

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 -78.47%

Calls: -67.76%

Puts: -91.50%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/17 12:00pm) 0.26

Prior (09/16) 0.41

Current vs Prior -37.88%

Prior 7-Day Average 0.64

Current vs Prior 7-Day Avg -59.96%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/17 12:00pm) 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 0.92% | 1.10%0.92% | 1.57%0.92% | 3.09%

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

Current vs Prior -25.73% | -20.43%-25.74% | -16.61%+37.52% | -11.51%

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

Current vs 7-Day Avg -17.89% | -27.73%-25.59% | -18.27%-38.63% | -14.64%

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

Current vs 7-Day Eod -25.73% | -20.43%-26.46% | -16.59%+21.78% | -12.12%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 2.69% | 2.23%

Calls: 2.94% | 2.33%

Puts: 2.44% | 2.13%

Prior 15.46% | -0.72%

Calls: 8.70% | -1.45%

Puts: 22.22% | 0.00%

Current vs Prior -82.60% | -409.72%

Prior 7-Day Avg 4.65% | 3.26%

Calls: 3.72% | 3.17%

Puts: 5.58% | 3.35%

Current vs 7-Day Avg -42.11% | -31.56%

Liquidity Good

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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($8.61M) vs puts ($1.87M). Light premium activity with dollar volume down 52% vs prior. Extreme bullish P/C ratio of 0.26 - heavy call buying (203,819 calls vs 52,491 puts). P/C ratio dropping 38% - 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
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 300 of results (avg 2.9%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.50	Oct 23	1.81	1.82	$1.82	0.5%	328	0.67	715
$81.00	Oct 30	1.64	1.65	$1.65	0.6%	154	0.58	1.8K
$80.50	Oct 9	1.58	1.59	$1.59	0.6%	201	0.72	762
$80.50	Oct 2	1.50	1.51	$1.51	0.7%	144	0.75	189
$81.50	Oct 23	1.18	1.19	$1.19	0.8%	246	0.50	3.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 16	1.17	1.18	$1.17	0.9%	1.3K	0.58	37.3K
$82.00	Oct 9	1.07	1.08	$1.08	0.9%	124	0.60	900
$92.00	Sep 18	10.30	10.40	$10.35	1.0%	--	1.00	4.6K
$81.50	Oct 23	1.00	1.01	$1.00	1.0%	24	0.52	853
$82.50	Sep 28	0.98	0.99	$0.99	1.0%	135	0.72	53

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 133 found (avg $0.34, cheapest $0.11)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.10	0.11	$0.11	9.1%	23.6K	0.29	109.3K
$82.50	Sep 21	0.06	0.07	$0.07	14.3%	319	0.15	12.5K
$81.50	Sep 18	0.33	0.34	$0.34	2.9%	14.8K	0.64	49.9K
$82.00	Sep 21	0.18	0.19	$0.19	5.3%	4.3K	0.34	1.5K
$83.00	Sep 23	0.06	0.07	$0.07	14.3%	328	0.12	9.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 18	0.13	0.14	$0.14	7.1%	6.8K	0.36	7.7K
$81.00	Sep 21	0.08	0.09	$0.09	11.1%	266	0.19	3.1K
$81.50	Sep 21	0.21	0.22	$0.22	4.5%	723	0.41	1.1K
$82.00	Sep 18	0.40	0.41	$0.41	2.4%	3.8K	0.71	105.8K
$80.50	Sep 23	0.07	0.08	$0.08	12.5%	299	0.14	1.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 219 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$72.00	Sep 21	9.65	9.75	$9.70	1.0%	--	1.00	70
$74.00	Sep 21	7.65	7.75	$7.70	1.3%	--	1.00	70
$76.00	Sep 21	5.65	5.75	$5.70	1.8%	--	1.00	30
$78.00	Sep 21	3.65	3.75	$3.70	2.7%	--	1.00	97
$78.50	Sep 21	3.15	3.25	$3.20	3.1%	1	1.00	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 18	1.27	1.38	$1.33	8.3%	2.0K	1.00	16.8K
$83.50	Sep 18	1.81	1.88	$1.85	3.8%	111	1.00	505
$84.00	Sep 18	2.31	2.37	$2.34	2.6%	29	1.00	4.9K
$85.00	Sep 18	3.30	3.40	$3.35	3.0%	1	1.00	3.2K
$86.00	Sep 18	4.30	4.40	$4.35	2.3%	39	1.00	6.0K

Most actively traded options today. High liquidity = easy entry/exit. 386 active (total vol 256.3K, top 27.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 16	0.42	0.43	$0.43	2.3%	27.5K	0.27	151.6K
$82.00	Sep 18	0.10	0.11	$0.11	9.1%	23.6K	0.29	109.3K
$82.00	Oct 16	0.79	0.80	$0.80	1.3%	20.7K	0.42	52.7K
$81.50	Sep 18	0.33	0.34	$0.34	2.9%	14.8K	0.64	49.9K
$83.00	Sep 25	0.10	0.11	$0.11	9.1%	11.9K	0.16	5.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 18	0.13	0.14	$0.14	7.1%	6.8K	0.36	7.7K
$81.00	Sep 18	0.03	0.04	$0.04	25.0%	4.7K	0.12	71.8K
$80.00	Sep 18	0.00	0.01	$0.01	100.0%	3.9K	0.02	75.4K
$82.00	Sep 18	0.40	0.41	$0.41	2.4%	3.8K	0.71	105.8K
$80.00	Oct 16	0.41	0.42	$0.42	2.4%	2.7K	0.28	39.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 28.3%, max 28.3%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 18	Oct 23	11.7%	9.2%	28.3%	15.1K	53.2K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 18	Oct 23	11.7%	9.2%	28.3%	6.8K	8.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 76 found (best R:R 1.22, avg 2.13)

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
$83.00	$83.50	Oct 23	$0.13	$0.37	$0.13	30%	2.85	$83.13
$81.50	$82.00	Sep 18	$0.23	$0.27	$0.23	64%	1.17	$81.73
$81.00	$81.50	Sep 28	$0.33	$0.17	$0.33	70%	0.52	$81.33
$83.00	$83.50	Oct 9	$0.10	$0.40	$0.10	24%	4.00	$83.10

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Oct 16	$0.45	$0.55	$0.45	58%	1.22	$81.55
$81.00	$80.00	Oct 30	$0.32	$0.68	$0.32	44%	2.12	$80.68
$80.00	$79.00	Oct 30	$0.20	$0.80	$0.20	31%	4.00	$79.80
$82.00	$81.00	Oct 30	$0.47	$0.53	$0.47	56%	1.13	$81.53
$80.50	$80.00	Oct 23	$0.13	$0.37	$0.13	36%	2.85	$80.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 45 found (best R:R 0.59, avg 0.41)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Oct 16	$0.37	$0.37	$0.63	58%	0.59	$82.37
$82.00	$83.00	Oct 30	$0.41	$0.41	$0.59	56%	0.69	$82.41
$82.00	$83.00	Sep 30	$0.32	$0.32	$0.68	57%	0.47	$82.32
$83.00	$84.00	Oct 16	$0.21	$0.21	$0.79	73%	0.27	$83.21
$82.50	$83.00	Oct 2	$0.14	$0.14	$0.36	70%	0.39	$82.64

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Sep 18	$0.10	$0.10	$0.40	64%	0.25	$81.40
$81.00	$80.00	Sep 30	$0.19	$0.19	$0.81	68%	0.23	$80.81
$81.50	$81.00	Sep 21	$0.13	$0.13	$0.37	60%	0.35	$81.37
$81.50	$81.00	Sep 23	$0.16	$0.16	$0.34	57%	0.47	$81.34
$81.00	$80.50	Sep 25	$0.10	$0.10	$0.40	72%	0.25	$80.90

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	11.7%	8.4%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Sep 18	Sep 21	$0.08	11.7%	8.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 187 found (cheapest 0.59% of stock, avg 4.11%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Sep 18	$0.34	$0.14	$0.48	$81.02	$81.98	0.59%
$82.00	Sep 18	$0.11	$0.41	$0.52	$81.48	$82.52	0.64%
$81.50	Sep 21	$0.43	$0.22	$0.65	$80.85	$82.15	0.80%
$82.00	Sep 21	$0.19	$0.47	$0.66	$81.34	$82.66	0.81%
$81.00	Sep 18	$0.73	$0.04	$0.77	$80.23	$81.77	0.94%
$82.00	Sep 23	$0.30	$0.56	$0.86	$81.14	$82.86	1.05%
$81.50	Sep 23	$0.55	$0.32	$0.87	$80.63	$82.37	1.07%
$82.50	Sep 18	$0.03	$0.85	$0.88	$81.62	$83.38	1.08%
$81.00	Sep 21	$0.79	$0.09	$0.88	$80.12	$81.88	1.08%
$82.00	Sep 25	$0.39	$0.63	$1.02	$80.98	$83.02	1.25%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 213 found (cheapest 0.07% of stock, avg 0.76%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.00	$80.50	Sep 21	$0.03	$0.03	$0.06	$80.44	$83.06
$83.50	$80.00	Sep 23	$0.03	$0.04	$0.07	$79.93	$83.57
$82.50	$81.00	Sep 18	$0.03	$0.04	$0.07	$80.93	$82.57
$84.00	$79.50	Sep 25	$0.04	$0.04	$0.08	$79.42	$84.08
$84.00	$79.50	Sep 28	$0.05	$0.05	$0.10	$79.40	$84.10
$83.50	$79.50	Sep 25	$0.06	$0.04	$0.10	$79.40	$83.60
$82.50	$80.50	Sep 21	$0.07	$0.03	$0.10	$80.40	$82.60
$84.00	$80.00	Sep 25	$0.04	$0.07	$0.11	$79.89	$84.11
$83.00	$80.00	Sep 23	$0.07	$0.04	$0.11	$79.89	$83.11
$83.50	$80.50	Sep 23	$0.03	$0.08	$0.11	$80.39	$83.61

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 13 found (best R:R 1.00, avg credit $0.30)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	82/83	Oct 2	$0.25	$0.25	42%	1.00	$80.25	$82.75
80/80	84/84	Oct 23	$0.22	$0.28	47%	0.79	$79.78	$83.72
80/80	83/84	Oct 23	$0.24	$0.26	41%	0.92	$79.76	$83.24
80/80	82/83	Oct 9	$0.26	$0.24	36%	1.08	$80.24	$82.76
80/80	83/84	Oct 9	$0.22	$0.28	44%	0.79	$80.28	$83.22
80/81	82/83	Sep 28	$0.22	$0.28	42%	0.79	$80.78	$82.72
78/79	84/85	Oct 30	$0.30	$0.70	57%	0.43	$78.70	$84.30
78/79	83/84	Oct 30	$0.40	$0.60	47%	0.67	$78.60	$83.40
79/80	84/85	Oct 16	$0.28	$0.72	56%	0.39	$79.72	$84.28
79/80	84/85	Oct 30	$0.37	$0.63	47%	0.59	$79.63	$84.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 97 found (best R:R 4.56, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Sep 30	$0.18	$0.82	42%	4.56
$79.00	$80.00	$81.00	Oct 30	$0.07	$0.93	26%	13.29
$78.00	$79.00	$80.00	Oct 16	$0.07	$0.93	23%	13.29
$79.00	$80.00	$81.00	Oct 16	$0.12	$0.88	31%	7.33
$81.00	$81.50	$82.00	Sep 18	$0.16	$0.34	59%	2.13

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
$79.00	$80.00	$81.00	Sep 30	$0.11	$0.89	26%	8.09
$80.00	$81.00	$82.00	Oct 16	$0.15	$0.85	31%	5.67
$80.50	$81.00	$81.50	Sep 18	$0.07	$0.43	34%	6.14
$81.00	$81.50	$82.00	Sep 18	$0.17	$0.33	59%	1.94

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 130 found (best net $-1.75, 118 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 25	-$1.75	$3.25
$70.00	$75.00	1:2	Sep 30	-$1.81	$3.19
$70.00	$75.00	1:2	Oct 30	-$1.83	$3.17
$72.00	$76.00	1:2	Oct 2	-$1.83	$2.17
$80.00	$81.00	1:2	Sep 30	-$0.34	$0.66

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$90.00	$87.00	1:2	Sep 30	-$2.35	$0.65
$87.00	$85.00	1:2	Sep 30	-$1.35	$0.65
$84.00	$83.00	1:2	Sep 23	-$0.40	$0.60
$84.00	$83.00	1:2	Sep 30	-$0.48	$0.52
$82.00	$81.00	1:2	Oct 16	-$0.27	$0.73

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 49 found (best yield 1.32%, avg 0.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$1.08	0.44	0.4%	1.32%	1.71%	1.3K	3.7K
$83.00	Oct 30	$0.67	0.32	1.6%	0.82%	2.44%	98	2.3K
$82.00	Oct 23	$0.92	0.43	0.4%	1.13%	1.52%	329	1.6K
$82.50	Oct 23	$0.70	0.36	1.0%	0.86%	1.86%	471	2.5K
$82.00	Oct 16	$0.79	0.42	0.4%	0.97%	1.36%	20.7K	52.7K
$83.00	Oct 23	$0.53	0.30	1.6%	0.65%	2.26%	1.1K	1.1K
$84.00	Oct 30	$0.40	0.22	2.8%	0.49%	3.33%	167	2.7K
$83.50	Oct 23	$0.40	0.24	2.2%	0.49%	2.72%	429	393
$83.00	Oct 16	$0.42	0.27	1.6%	0.51%	2.13%	27.5K	151.6K
$82.00	Oct 9	$0.64	0.41	0.4%	0.78%	1.18%	673	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 203,819

Total Puts 52,491

Put/Call Ratio 0.26

Net Difference 151,328

Prior's Put/Call Breakdown

Total Calls 221,764

Total Puts 91,938

Put/Call Ratio 0.41

Net Difference 129,826

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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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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