TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.60 +0.88%

(9/17 12:00) ◀

Thursday, September 17, 2026 (1:00pm)

▶ (9/17 14:00)

◀ 9/17 13:00 ▶

Option Volume

Detail

ℹ

Current (09/17 1:00pm) 317,838

Calls: 250,716 (79%)

Puts: 67,122 (21%)

Prior (09/16) 423,896

Calls: 297,670 (70%)

Puts: 126,226 (30%)

Current vs Prior -25.02%

Calls: -15.77% (Calls)

Puts: -46.82% (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 -51.61%

Calls: -37.70%

Puts: -73.61%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/17 1:00pm) $13.69M

Calls: $10.84M (79%)

Puts: $2.85M (21%)

Prior (09/16) $25.75M

Calls: $21.56M (84%)

Puts: $4.19M (16%)

Current vs Prior -46.81%

Calls: -49.70%

Puts: -31.96%

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 -71.87%

Calls: -59.42%

Puts: -87.02%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/17 1:00pm) 0.27

Prior (09/16) 0.42

Current vs Prior -36.87%

Prior 7-Day Average 0.64

Current vs Prior 7-Day Avg -58.37%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/17 1:00pm) 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 0.91% | 1.09%0.91% | 1.56%0.91% | 3.14%

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

Current vs Prior -26.65% | -21.24%-26.65% | -17.18%+35.82% | -10.02%

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

Current vs 7-Day Avg -18.90% | -28.47%-26.51% | -18.83%-39.38% | -13.20%

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

Current vs 7-Day Eod -26.65% | -21.24%-27.36% | -17.16%+20.28% | -10.63%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 6.13% | 3.67%

Calls: 3.57% | 5.41%

Puts: 8.70% | 1.92%

Prior 15.46% | -0.72%

Calls: 8.70% | -1.45%

Puts: 22.22% | 0.00%

Current vs Prior -60.35% | -609.72%

Prior 7-Day Avg 4.65% | 3.26%

Calls: 3.72% | 3.17%

Puts: 5.58% | 3.35%

Current vs 7-Day Avg +31.91% | +12.63%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 79% of dollar volume in calls ($10.84M) vs puts ($2.85M). Extreme bullish P/C ratio of 0.27 - heavy call buying (250,716 calls vs 67,122 puts). P/C ratio dropping 37% - sentiment shifting bullish. 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
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 306 of results (avg 3.3%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.50	Oct 2	1.44	1.45	$1.44	0.7%	144	0.73	189
$81.00	Oct 16	1.30	1.31	$1.31	0.8%	2.3K	0.58	37.2K
$70.00	Sep 25	11.60	11.70	$11.65	0.9%	--	1.00	26
$70.00	Sep 18	11.55	11.65	$11.60	0.9%	18	1.00	246
$80.00	Oct 30	2.26	2.28	$2.27	0.9%	68	0.71	1.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 16	1.24	1.25	$1.25	0.8%	2.3K	0.60	37.3K
$97.00	Oct 16	15.50	15.65	$15.58	1.0%	--	0.99	121
$96.00	Oct 16	14.50	14.65	$14.58	1.0%	1	0.99	86
$95.00	Oct 2	13.55	13.70	$13.63	1.1%	10	0.99	--
$95.00	Oct 16	13.50	13.65	$13.58	1.1%	--	0.99	1.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 131 found (avg $0.34, cheapest $0.08)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.07	0.08	$0.08	12.5%	25.2K	0.24	109.3K
$81.50	Sep 18	0.27	0.28	$0.28	3.6%	18.3K	0.59	49.9K
$82.00	Sep 21	0.14	0.15	$0.15	6.7%	4.5K	0.30	1.5K
$83.00	Sep 23	0.05	0.06	$0.06	16.7%	329	0.10	9.5K
$82.50	Sep 23	0.12	0.13	$0.13	7.7%	403	0.21	614

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 18	0.15	0.16	$0.16	6.3%	7.3K	0.41	7.7K
$81.00	Sep 21	0.09	0.10	$0.10	10.0%	404	0.22	3.1K
$81.50	Sep 21	0.23	0.24	$0.24	4.2%	812	0.45	1.1K
$80.50	Sep 23	0.08	0.09	$0.09	11.1%	467	0.15	1.5K
$82.00	Sep 18	0.44	0.48	$0.46	8.7%	8.8K	0.77	105.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 225 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$72.00	Sep 21	9.55	9.65	$9.60	1.0%	--	1.00	70
$74.00	Sep 21	7.55	7.65	$7.60	1.3%	--	1.00	70
$76.00	Sep 21	5.55	5.65	$5.60	1.8%	--	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
$83.00	Sep 18	1.39	1.46	$1.42	4.9%	2.0K	1.00	16.8K
$83.50	Sep 18	1.89	1.97	$1.93	4.1%	147	1.00	505
$84.00	Sep 18	2.38	2.47	$2.42	3.7%	38	1.00	4.9K
$85.00	Sep 18	3.35	3.50	$3.43	4.4%	1	1.00	3.2K
$86.00	Sep 18	4.35	4.50	$4.43	3.4%	108	1.00	6.0K

Most actively traded options today. High liquidity = easy entry/exit. 407 active (total vol 317.2K, top 38.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 16	0.42	0.43	$0.43	2.3%	38.0K	0.27	151.6K
$82.00	Oct 16	0.76	0.77	$0.77	1.3%	37.4K	0.41	52.7K
$82.00	Sep 18	0.07	0.08	$0.08	12.5%	25.2K	0.24	109.3K
$81.50	Sep 18	0.27	0.28	$0.28	3.6%	18.3K	0.59	49.9K
$83.00	Sep 25	0.09	0.10	$0.10	10.0%	12.0K	0.14	5.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.44	0.48	$0.46	8.7%	8.8K	0.77	105.8K
$81.00	Sep 18	0.03	0.04	$0.04	25.0%	7.4K	0.13	71.8K
$81.50	Sep 18	0.15	0.16	$0.16	6.3%	7.3K	0.41	7.7K
$80.00	Sep 18	0.00	0.01	$0.01	100.0%	4.4K	0.02	75.4K
$80.00	Oct 16	0.43	0.44	$0.44	2.3%	3.5K	0.29	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 23.3%, max 23.3%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 18	Oct 23	11.3%	9.2%	23.3%	18.6K	53.2K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 18	Oct 23	11.3%	9.2%	23.3%	7.4K	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 2.03, avg 2.14)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$81.50	Sep 23	$0.33	$0.17	$0.33	72%	0.52	$81.33
$84.00	$85.00	Oct 16	$0.10	$0.90	$0.10	16%	9.00	$84.10
$83.50	$84.00	Oct 23	$0.10	$0.40	$0.10	23%	4.00	$83.60
$82.00	$82.50	Sep 28	$0.16	$0.34	$0.16	39%	2.12	$82.16
$83.00	$83.50	Oct 23	$0.13	$0.37	$0.13	29%	2.85	$83.13

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$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	$80.00	Oct 16	$0.31	$0.69	$0.31	44%	2.23	$80.69
$81.50	$81.00	Oct 23	$0.22	$0.28	$0.22	53%	1.27	$81.28
$82.00	$81.00	Sep 30	$0.43	$0.57	$0.43	60%	1.33	$81.57

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 44 found (best R:R 0.64, avg 0.41)

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	57%	0.64	$82.39
$82.00	$83.00	Sep 30	$0.29	$0.29	$0.71	60%	0.41	$82.29
$83.00	$84.00	Oct 16	$0.21	$0.21	$0.79	73%	0.27	$83.21
$82.00	$83.00	Oct 16	$0.34	$0.34	$0.66	59%	0.52	$82.34
$83.00	$84.00	Sep 30	$0.12	$0.12	$0.88	80%	0.14	$83.12

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Sep 18	$0.12	$0.12	$0.38	58%	0.32	$81.38
$81.00	$80.00	Sep 30	$0.20	$0.20	$0.80	66%	0.25	$80.80
$81.50	$81.00	Sep 21	$0.14	$0.14	$0.36	56%	0.39	$81.36
$81.50	$81.00	Sep 25	$0.18	$0.18	$0.32	54%	0.56	$81.32
$80.50	$80.00	Oct 2	$0.12	$0.12	$0.38	69%	0.32	$80.38

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	11.3%	8.1%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Sep 18	Sep 21	$0.08	11.3%	8.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 190 found (cheapest 0.54% of stock, avg 4.08%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Sep 18	$0.28	$0.16	$0.44	$81.06	$81.94	0.54%
$82.00	Sep 18	$0.08	$0.46	$0.54	$81.46	$82.54	0.66%
$81.50	Sep 21	$0.37	$0.24	$0.61	$80.89	$82.11	0.75%
$82.00	Sep 21	$0.15	$0.52	$0.67	$81.33	$82.67	0.82%
$81.00	Sep 18	$0.65	$0.04	$0.69	$80.31	$81.69	0.85%
$81.00	Sep 21	$0.72	$0.10	$0.82	$80.18	$81.82	1.00%
$81.50	Sep 23	$0.50	$0.34	$0.84	$80.66	$82.34	1.03%
$82.00	Sep 23	$0.26	$0.61	$0.87	$81.13	$82.87	1.07%
$82.50	Sep 18	$0.02	$0.93	$0.95	$81.55	$83.45	1.16%
$82.50	Sep 21	$0.05	$0.94	$0.99	$81.51	$83.49	1.21%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 210 found (cheapest 0.07% of stock, avg 0.81%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$81.00	Sep 18	$0.02	$0.04	$0.06	$80.94	$82.56
$83.50	$80.00	Sep 23	$0.03	$0.04	$0.07	$79.93	$83.57
$84.00	$79.50	Sep 25	$0.04	$0.04	$0.08	$79.42	$84.08
$82.50	$80.50	Sep 21	$0.05	$0.03	$0.08	$80.42	$82.58
$83.50	$79.50	Sep 25	$0.06	$0.04	$0.10	$79.40	$83.60
$83.00	$80.00	Sep 23	$0.06	$0.04	$0.10	$79.90	$83.10
$84.00	$79.50	Sep 28	$0.05	$0.06	$0.11	$79.39	$84.11
$84.00	$80.00	Sep 25	$0.04	$0.07	$0.11	$79.89	$84.11
$84.00	$79.00	Sep 30	$0.07	$0.05	$0.12	$78.88	$84.12
$83.50	$80.00	Sep 25	$0.06	$0.07	$0.13	$79.87	$83.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 15 found (best R:R 0.92, avg credit $0.30)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	82/83	Oct 9	$0.24	$0.26	43%	0.92	$79.76	$82.74
80/80	82/83	Oct 2	$0.25	$0.25	41%	1.00	$80.25	$82.75
80/80	82/83	Oct 9	$0.27	$0.23	35%	1.17	$80.23	$82.77
80/80	83/84	Oct 23	$0.24	$0.26	41%	0.92	$79.76	$83.24
80/80	84/84	Oct 23	$0.21	$0.29	46%	0.72	$79.79	$83.71
80/81	82/83	Sep 28	$0.22	$0.28	41%	0.79	$80.78	$82.72
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	$0.31	$0.69	56%	0.45	$78.69	$83.31
78/79	84/85	Oct 16	$0.20	$0.80	66%	0.25	$78.80	$84.20

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	24%	15.67
$80.00	$81.00	$82.00	Sep 30	$0.20	$0.80	44%	4.00
$80.00	$81.00	$82.00	Oct 16	$0.16	$0.84	35%	5.25
$81.00	$81.50	$82.00	Sep 18	$0.17	$0.33	63%	1.94
$79.00	$80.00	$81.00	Oct 16	$0.14	$0.86	32%	6.14

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$79.00	$80.00	$81.00	Sep 30	$0.11	$0.89	28%	8.09
$80.00	$81.00	$82.00	Sep 30	$0.23	$0.77	44%	3.35
$81.00	$81.50	$82.00	Sep 18	$0.18	$0.32	64%	1.78
$80.50	$81.00	$81.50	Sep 21	$0.07	$0.43	37%	6.14
$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. 135 found (best net $-1.72, 124 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$1.72	$3.28
$70.00	$75.00	1:2	Sep 25	-$1.71	$3.29
$70.00	$75.00	1:2	Oct 30	-$1.76	$3.24
$72.00	$76.00	1:2	Oct 2	-$1.70	$2.30
$80.00	$81.00	1:2	Sep 30	-$0.28	$0.72

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$95.00	$90.00	1:2	Oct 23	-$3.62	$1.38
$83.00	$82.00	1:2	Sep 30	-$0.05	$0.95
$90.00	$87.00	1:2	Sep 30	-$2.43	$0.57
$87.00	$85.00	1:2	Sep 30	-$1.43	$0.57
$84.00	$83.00	1:2	Sep 23	-$0.43	$0.57

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 47 found (best yield 1.27%, avg 0.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$1.04	0.43	0.5%	1.27%	1.76%	1.3K	3.7K
$83.00	Oct 30	$0.65	0.31	1.7%	0.80%	2.51%	222	2.3K
$82.00	Oct 23	$0.89	0.42	0.5%	1.09%	1.58%	336	1.6K
$82.50	Oct 23	$0.69	0.35	1.1%	0.85%	1.95%	506	2.5K
$83.00	Oct 23	$0.52	0.29	1.7%	0.64%	2.35%	1.1K	1.1K
$82.00	Oct 16	$0.76	0.41	0.5%	0.93%	1.42%	37.4K	52.7K
$84.00	Oct 30	$0.39	0.21	2.9%	0.48%	3.42%	568	2.7K
$83.50	Oct 23	$0.39	0.23	2.3%	0.48%	2.81%	430	393
$83.00	Oct 16	$0.42	0.27	1.7%	0.51%	2.23%	38.0K	151.6K
$82.00	Oct 9	$0.62	0.40	0.5%	0.76%	1.25%	709	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 250,716

Total Puts 67,122

Put/Call Ratio 0.27

Net Difference 183,594

Prior's Put/Call Breakdown

Total Calls 297,670

Total Puts 126,226

Put/Call Ratio 0.42

Net Difference 171,444

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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