TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.69 +1.00%

(9/17 14:00) ◀

Thursday, September 17, 2026 (3:00pm)

▶ (9/17 15:17)

◀ 9/17 15:00 ▶

Option Volume

Detail

ℹ

Current (09/17 3:00pm) 502,358

Calls: 341,860 (68%)

Puts: 160,498 (32%)

Prior (09/16) 739,666

Calls: 525,094 (71%)

Puts: 214,572 (29%)

Current vs Prior -32.08%

Calls: -34.90% (Calls)

Puts: -25.20% (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 -23.51%

Calls: -15.05%

Puts: -36.91%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/17 3:00pm) $49.80M

Calls: $15.81M (32%)

Puts: $34.00M (68%)

Prior (09/16) $40.86M

Calls: $33.34M (82%)

Puts: $7.52M (18%)

Current vs Prior +21.88%

Calls: -52.59%

Puts: +351.98%

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 +2.30%

Calls: -40.84%

Puts: +54.78%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/17 3:00pm) 0.47

Prior (09/16) 0.41

Current vs Prior +14.89%

Prior 7-Day Average 0.64

Current vs Prior 7-Day Avg -26.99%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/17 3:00pm) 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 0.87% | 1.06%0.87% | 1.53%0.87% | 3.12%

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

Current vs Prior -29.70% | -23.09%-29.71% | -18.58%+30.16% | -10.47%

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

Current vs 7-Day Avg -22.28% | -30.15%-29.57% | -20.20%-41.91% | -13.63%

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

Current vs 7-Day Eod -29.70% | -23.09%-30.39% | -18.56%+15.27% | -11.08%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.14% | 3.41%

Calls: 3.03% | 2.38%

Puts: 5.26% | 4.44%

Prior 15.46% | -0.72%

Calls: 8.70% | -1.45%

Puts: 22.22% | 0.00%

Current vs Prior -73.22% | -573.61%

Prior 7-Day Avg 4.65% | 3.26%

Calls: 3.72% | 3.17%

Puts: 5.58% | 3.35%

Current vs 7-Day Avg -10.91% | +4.65%

Liquidity Acceptable

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🤖 AI Insights

Moderately bearish flow with 68% put dollar volume ($34.00M). Extreme bullish P/C ratio of 0.47 - heavy call buying (341,860 calls vs 160,498 puts). Call-heavy open interest (2,664,673 calls vs 1,503,054 puts) suggests bullish positioning.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

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
15:00	BEARISH	BULLISH	BULLISH
14:00	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 307 of results (avg 3.2%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 16	1.35	1.36	$1.36	0.7%	5.7K	0.60	37.2K
$70.00	Sep 25	11.70	11.80	$11.75	0.9%	--	1.00	26
$70.00	Sep 18	11.65	11.75	$11.70	0.9%	18	1.00	246
$71.00	Sep 18	10.65	10.75	$10.70	0.9%	18	1.00	11
$67.00	Oct 16	14.70	14.85	$14.77	1.0%	--	1.00	87

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 16	1.18	1.19	$1.19	0.8%	3.4K	0.58	37.3K
$95.00	Oct 2	13.45	13.60	$13.52	1.1%	10	0.99	--
$90.00	Sep 30	8.30	8.40	$8.35	1.2%	45	0.99	30
$98.00	Oct 16	16.40	16.60	$16.50	1.2%	--	0.99	114
$97.00	Oct 16	15.40	15.60	$15.50	1.3%	--	0.99	121

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 134 found (avg $0.34, cheapest $0.10)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.09	0.10	$0.10	10.0%	36.0K	0.29	109.3K
$82.50	Sep 21	0.05	0.06	$0.06	16.7%	423	0.14	12.5K
$81.50	Sep 18	0.32	0.33	$0.33	3.0%	19.3K	0.66	49.9K
$82.00	Sep 21	0.16	0.17	$0.17	5.9%	4.5K	0.34	1.5K
$83.00	Sep 23	0.05	0.06	$0.06	16.7%	361	0.11	9.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 18	0.11	0.12	$0.12	8.3%	9.8K	0.34	7.7K
$81.00	Sep 21	0.07	0.08	$0.08	12.5%	461	0.18	3.1K
$81.50	Sep 21	0.19	0.20	$0.20	5.0%	823	0.39	1.1K
$82.00	Sep 18	0.37	0.39	$0.38	5.3%	9.4K	0.71	105.8K
$80.50	Sep 23	0.06	0.07	$0.07	14.3%	471	0.12	1.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 230 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	1.37	$1.32	7.6%	22.1K	1.00	16.8K
$83.50	Sep 18	1.77	1.88	$1.83	6.0%	1.9K	1.00	505
$84.00	Sep 18	2.27	2.38	$2.33	4.7%	12.2K	1.00	4.9K
$85.00	Sep 18	3.30	3.40	$3.35	3.0%	8.2K	1.00	3.2K
$86.00	Sep 18	4.25	4.40	$4.33	3.5%	15.1K	1.00	6.0K

Most actively traded options today. High liquidity = easy entry/exit. 438 active (total vol 501.6K, top 53.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 16	0.79	0.81	$0.80	2.5%	53.1K	0.42	52.7K
$83.00	Oct 16	0.44	0.45	$0.45	2.2%	52.1K	0.28	151.6K
$82.00	Sep 18	0.09	0.10	$0.10	10.0%	36.0K	0.29	109.3K
$83.00	Oct 23	0.55	0.56	$0.56	1.8%	26.1K	0.30	1.1K
$81.50	Sep 18	0.32	0.33	$0.33	3.0%	19.3K	0.66	49.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 18	1.27	1.37	$1.32	7.6%	22.1K	1.00	16.8K
$86.00	Sep 18	4.25	4.40	$4.33	3.5%	15.1K	1.00	6.0K
$84.00	Sep 18	2.27	2.38	$2.33	4.7%	12.2K	1.00	4.9K
$92.00	Sep 18	10.25	10.40	$10.33	1.5%	11.5K	1.00	4.6K
$81.50	Sep 18	0.11	0.12	$0.12	8.3%	9.8K	0.34	7.7K

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 24.5%, max 24.5%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 18	Oct 23	11.4%	9.2%	24.5%	19.6K	53.2K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 18	Oct 23	11.4%	9.2%	24.5%	9.9K	8.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 73 found (best R:R 1.17, avg 2.05)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$82.00	Sep 18	$0.23	$0.27	$0.23	66%	1.17	$81.73
$81.00	$81.50	Sep 28	$0.33	$0.17	$0.33	71%	0.52	$81.33
$83.00	$83.50	Oct 9	$0.10	$0.40	$0.10	24%	4.00	$83.10
$84.00	$85.00	Oct 16	$0.11	$0.89	$0.11	17%	8.09	$84.11
$82.00	$82.50	Oct 23	$0.20	$0.30	$0.20	43%	1.50	$82.20

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Oct 30	$0.46	$0.54	$0.46	56%	1.17	$81.54
$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 16	$0.48	$0.52	$0.48	58%	1.08	$81.52
$81.50	$81.00	Oct 23	$0.21	$0.29	$0.21	51%	1.38	$81.29

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 42 found (best R:R 0.47, avg 0.42)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 30	$0.32	$0.32	$0.68	57%	0.47	$82.32
$82.00	$83.00	Oct 30	$0.40	$0.40	$0.60	56%	0.67	$82.40
$83.00	$84.00	Sep 30	$0.13	$0.13	$0.87	79%	0.15	$83.13
$82.00	$82.50	Sep 23	$0.16	$0.16	$0.34	61%	0.47	$82.16
$82.00	$82.50	Sep 25	$0.18	$0.18	$0.32	59%	0.56	$82.18

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Sep 30	$0.19	$0.19	$0.81	68%	0.23	$80.81
$81.50	$81.00	Sep 21	$0.12	$0.12	$0.38	61%	0.32	$81.38
$81.50	$81.00	Sep 23	$0.15	$0.15	$0.35	58%	0.43	$81.35
$81.00	$80.50	Oct 2	$0.16	$0.16	$0.34	61%	0.47	$80.84
$81.50	$81.00	Sep 28	$0.17	$0.17	$0.33	56%	0.52	$81.33

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	11.4%	8.1%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Sep 18	Sep 21	$0.08	11.4%	8.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 191 found (cheapest 0.55% of stock, avg 4.10%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Sep 18	$0.33	$0.12	$0.45	$81.05	$81.95	0.55%
$82.00	Sep 18	$0.10	$0.38	$0.48	$81.52	$82.48	0.59%
$81.50	Sep 21	$0.42	$0.20	$0.62	$80.88	$82.12	0.76%
$82.00	Sep 21	$0.17	$0.45	$0.62	$81.38	$82.62	0.76%
$81.00	Sep 18	$0.72	$0.03	$0.75	$80.25	$81.75	0.92%
$81.50	Sep 23	$0.54	$0.30	$0.84	$80.66	$82.34	1.03%
$82.00	Sep 23	$0.29	$0.55	$0.84	$81.16	$82.84	1.03%
$82.50	Sep 18	$0.02	$0.84	$0.86	$81.64	$83.36	1.05%
$81.00	Sep 21	$0.80	$0.08	$0.88	$80.12	$81.88	1.08%
$82.50	Sep 21	$0.06	$0.85	$0.91	$81.59	$83.41	1.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 205 found (cheapest 0.06% of stock, avg 0.77%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$81.00	Sep 18	$0.02	$0.03	$0.05	$80.95	$82.55
$83.50	$80.00	Sep 23	$0.03	$0.04	$0.07	$79.93	$83.57
$84.00	$79.50	Sep 28	$0.04	$0.05	$0.09	$79.41	$84.09
$82.50	$80.50	Sep 21	$0.06	$0.03	$0.09	$80.41	$82.59
$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
$83.50	$80.50	Sep 23	$0.03	$0.07	$0.10	$80.40	$83.60
$84.00	$79.00	Sep 30	$0.07	$0.05	$0.12	$78.88	$84.12
$84.00	$80.00	Sep 28	$0.04	$0.08	$0.12	$79.88	$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. 11 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 2	$0.24	$0.26	42%	0.92	$80.26	$82.74
80/80	82/83	Oct 9	$0.27	$0.23	36%	1.17	$80.23	$82.77
80/80	83/84	Oct 9	$0.22	$0.28	44%	0.79	$80.28	$83.22
78/79	83/84	Oct 30	$0.41	$0.59	47%	0.69	$78.59	$83.41
78/79	84/85	Oct 30	$0.31	$0.69	57%	0.45	$78.69	$84.31
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	47%	0.59	$79.63	$84.37
79/80	84/85	Oct 16	$0.28	$0.72	56%	0.39	$79.72	$84.28
79/80	83/84	Oct 16	$0.38	$0.62	45%	0.61	$79.62	$83.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 99 found (best R:R 11.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$79.00	$80.00	$81.00	Oct 30	$0.08	$0.92	26%	11.50
$80.00	$81.00	$82.00	Sep 30	$0.20	$0.80	43%	4.00
$79.00	$80.00	$81.00	Oct 16	$0.12	$0.88	31%	7.33
$80.00	$81.00	$82.00	Oct 16	$0.16	$0.84	36%	5.25
$81.00	$81.50	$82.00	Sep 18	$0.16	$0.34	62%	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
$81.00	$81.50	$82.00	Sep 18	$0.17	$0.33	62%	1.94
$78.00	$79.00	$80.00	Oct 30	$0.06	$0.94	17%	15.67
$79.00	$80.00	$81.00	Sep 30	$0.12	$0.88	26%	7.33
$78.00	$79.00	$80.00	Oct 16	$0.07	$0.93	17%	13.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 134 found (best net $-1.79, 118 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$1.79	$3.21
$70.00	$75.00	1:2	Oct 30	-$1.80	$3.20
$80.00	$81.00	1:2	Sep 30	-$0.32	$0.68
$76.00	$78.00	1:2	Sep 21	-$1.70	$0.30
$76.00	$78.00	1:2	Sep 23	-$1.71	$0.29

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$95.00	$90.00	1:2	Oct 23	-$3.54	$1.46
$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	-$0.35	$0.65
$90.00	$87.00	1:2	Oct 23	-$2.54	$0.46

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 47 found (best yield 1.32%, avg 0.37%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$1.08	0.44	0.4%	1.32%	1.70%	1.4K	3.7K
$83.00	Oct 30	$0.68	0.32	1.6%	0.83%	2.44%	244	2.3K
$82.00	Oct 23	$0.92	0.43	0.4%	1.13%	1.51%	336	1.6K
$82.50	Oct 23	$0.72	0.36	1.0%	0.88%	1.87%	553	2.5K
$83.00	Oct 23	$0.55	0.30	1.6%	0.67%	2.28%	26.1K	1.1K
$82.00	Oct 16	$0.79	0.42	0.4%	0.97%	1.35%	53.1K	52.7K
$84.00	Oct 30	$0.41	0.22	2.8%	0.50%	3.33%	809	2.7K
$83.50	Oct 23	$0.41	0.24	2.2%	0.50%	2.72%	463	393
$83.00	Oct 16	$0.44	0.28	1.6%	0.54%	2.14%	52.1K	151.6K
$82.00	Oct 9	$0.65	0.41	0.4%	0.80%	1.18%	729	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 341,860

Total Puts 160,498

Put/Call Ratio 0.47

Net Difference 181,362

Prior's Put/Call Breakdown

Total Calls 525,094

Total Puts 214,572

Put/Call Ratio 0.41

Net Difference 310,522

Prior 7-Day Put/Call Summary

Total Calls 2,816,825

Total Puts 1,780,706

Average Put/Call Ratio 0.64

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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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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