TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.78 +1.11%

$81.83 (+0.06%)🌙

as of 09/17 04:01 PM

(9/17 15:17) ◀

Thursday, September 17, 2026 (4:00pm)

▶ (9/18 10:00)

◀ 9/17 16:01 ▶

Option Volume

Detail

ℹ

Current (09/17 4:00pm) 674,231

Calls: 454,350 (67%)

Puts: 219,881 (33%)

Prior (09/16) 889,280

Calls: 638,256 (72%)

Puts: 251,024 (28%)

Current vs Prior -24.18%

Calls: -28.81% (Calls)

Puts: -12.41% (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 +2.66%

Calls: +12.91%

Puts: -13.56%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/17 4:00pm) $72.57M

Calls: $23.34M (32%)

Puts: $49.23M (68%)

Prior (09/16) $49.58M

Calls: $40.04M (81%)

Puts: $9.54M (19%)

Current vs Prior +46.36%

Calls: -41.71%

Puts: +415.82%

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 +49.07%

Calls: -12.65%

Puts: +124.14%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/17 4:00pm) 0.48

Prior (09/16) 0.39

Current vs Prior +23.05%

Prior 7-Day Average 0.64

Current vs Prior 7-Day Avg -24.75%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/17 4:00pm) 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 0.89% | 1.06%0.89% | 1.54%0.89% | 3.12%

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

Current vs Prior -27.80% | -23.18%-27.81% | -18.02%+33.68% | -10.57%

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

Current vs 7-Day Avg -20.17% | -30.23%-27.67% | -19.65%-40.34% | -13.73%

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

Current vs 7-Day Eod -27.80% | -23.18%-28.51% | -18.00%+18.38% | -11.18%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.13% | 3.35%

Calls: 6.82% | 3.92%

Puts: 3.45% | 2.78%

Prior 15.46% | -0.72%

Calls: 8.70% | -1.45%

Puts: 22.22% | 0.00%

Current vs Prior -66.82% | -565.28%

Prior 7-Day Avg 4.65% | 3.26%

Calls: 3.72% | 3.17%

Puts: 5.58% | 3.35%

Current vs 7-Day Avg +10.39% | +2.81%

Liquidity Acceptable

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🤖 AI Insights

Moderately bearish flow with 68% put dollar volume ($49.23M). Extreme bullish P/C ratio of 0.48 - heavy call buying (454,350 calls vs 219,881 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
16:00	BEARISH	BULLISH	BULLISH
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 310 of results (avg 3.3%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 23	1.58	1.59	$1.59	0.6%	214	0.61	1.3K
$80.00	Oct 16	2.17	2.19	$2.18	0.9%	2.6K	0.79	15.0K
$82.00	Oct 23	1.01	1.02	$1.02	1.0%	843	0.45	1.6K
$67.00	Oct 16	14.85	15.00	$14.93	1.0%	--	1.00	87
$80.50	Oct 23	1.92	1.94	$1.93	1.0%	333	0.69	715

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 16	1.09	1.10	$1.10	0.9%	4.3K	0.56	37.3K
$98.00	Oct 16	16.25	16.40	$16.33	0.9%	--	0.99	114
$97.00	Oct 16	15.25	15.40	$15.33	1.0%	--	0.99	121
$96.00	Oct 16	14.25	14.40	$14.33	1.0%	1	0.99	86
$91.00	Oct 2	9.30	9.40	$9.35	1.1%	10	0.99	3

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 134 found (avg $0.33, cheapest $0.09)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 18	0.14	0.15	$0.15	6.7%	42.6K	0.39	109.3K
$82.50	Sep 21	0.06	0.07	$0.07	14.3%	446	0.17	12.5K
$83.00	Sep 23	0.06	0.07	$0.07	14.3%	1.4K	0.13	9.5K
$82.00	Sep 21	0.22	0.23	$0.23	4.3%	4.7K	0.41	1.5K
$81.50	Sep 18	0.42	0.45	$0.44	6.8%	21.0K	0.74	49.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 18	0.08	0.09	$0.09	11.1%	11.8K	0.26	7.7K
$82.00	Sep 18	0.28	0.29	$0.29	3.4%	9.7K	0.64	105.8K
$81.50	Sep 21	0.14	0.15	$0.15	6.7%	884	0.32	1.1K
$80.50	Sep 23	0.05	0.06	$0.06	16.7%	521	0.11	1.5K
$81.00	Sep 23	0.11	0.12	$0.12	8.3%	279	0.20	7.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 230 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Oct 2	11.85	12.00	$11.93	1.3%	91	1.00	123
$71.00	Oct 2	10.85	11.00	$10.93	1.4%	164	1.00	--
$72.00	Oct 2	9.85	10.00	$9.93	1.5%	44	1.00	--
$73.00	Oct 2	8.85	9.00	$8.93	1.7%	1	1.00	--
$76.00	Oct 2	5.85	6.00	$5.93	2.5%	193	1.00	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Sep 18	0.65	0.72	$0.69	10.1%	718	1.00	6.2K
$83.00	Sep 18	1.14	1.23	$1.19	7.6%	22.2K	1.00	16.8K
$83.50	Sep 18	1.63	1.73	$1.68	6.0%	2.8K	1.00	505
$84.00	Sep 18	2.12	2.23	$2.17	5.1%	19.1K	1.00	4.9K
$85.00	Sep 18	3.10	3.25	$3.18	4.7%	13.0K	1.00	3.2K

Most actively traded options today. High liquidity = easy entry/exit. 449 active (total vol 673.5K, top 94.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 16	0.49	0.50	$0.50	2.0%	94.5K	0.30	151.6K
$82.00	Oct 16	0.87	0.88	$0.88	1.1%	77.9K	0.44	52.7K
$82.00	Sep 18	0.14	0.15	$0.15	6.7%	42.6K	0.39	109.3K
$83.00	Oct 23	0.61	0.62	$0.62	1.6%	27.5K	0.32	1.1K
$81.50	Sep 18	0.42	0.45	$0.44	6.8%	21.0K	0.74	49.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.00	Sep 18	4.10	4.25	$4.18	3.6%	24.1K	1.00	6.0K
$80.00	Oct 16	0.36	0.37	$0.37	2.7%	23.3K	0.25	39.8K
$83.00	Sep 18	1.14	1.23	$1.19	7.6%	22.2K	1.00	16.8K
$84.00	Sep 18	2.12	2.23	$2.17	5.1%	19.1K	1.00	4.9K
$92.00	Sep 18	10.10	10.25	$10.18	1.5%	18.4K	1.00	4.6K

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 37.9%, max 37.9%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 18	Oct 23	12.6%	9.1%	37.9%	21.8K	53.2K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 18	Oct 23	12.6%	9.1%	37.9%	11.9K	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 0.54, avg 2.05)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$82.00	Sep 18	$0.29	$0.21	$0.29	74%	0.72	$81.79
$81.50	$82.00	Sep 21	$0.28	$0.22	$0.28	68%	0.79	$81.78
$83.50	$84.00	Oct 23	$0.11	$0.39	$0.11	26%	3.55	$83.61
$85.00	$86.00	Oct 30	$0.11	$0.89	$0.11	16%	8.09	$85.11
$83.00	$83.50	Oct 9	$0.11	$0.39	$0.11	27%	3.55	$83.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$82.00	Sep 30	$0.65	$0.35	$0.65	78%	0.54	$82.35
$81.00	$80.00	Oct 30	$0.29	$0.71	$0.29	41%	2.45	$80.71
$81.00	$80.00	Oct 16	$0.27	$0.73	$0.27	40%	2.70	$80.73
$79.00	$78.00	Oct 30	$0.11	$0.89	$0.11	19%	8.09	$78.89
$82.00	$81.00	Oct 30	$0.45	$0.55	$0.45	54%	1.22	$81.55

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 42 found (best R:R 0.56, avg 0.43)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 30	$0.36	$0.36	$0.64	54%	0.56	$82.36
$82.00	$82.50	Sep 21	$0.16	$0.16	$0.34	59%	0.47	$82.16
$82.00	$82.50	Sep 18	$0.12	$0.12	$0.38	61%	0.32	$82.12
$82.00	$82.50	Sep 23	$0.19	$0.19	$0.31	57%	0.61	$82.19
$82.00	$83.00	Oct 30	$0.42	$0.42	$0.58	54%	0.72	$82.42

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Sep 23	$0.13	$0.13	$0.37	63%	0.35	$81.37
$81.00	$80.00	Sep 30	$0.15	$0.15	$0.85	72%	0.18	$80.85
$81.00	$80.50	Oct 2	$0.14	$0.14	$0.36	65%	0.39	$80.86
$80.50	$80.00	Oct 9	$0.11	$0.11	$0.39	71%	0.28	$80.39
$80.00	$79.00	Oct 16	$0.16	$0.16	$0.84	75%	0.19	$79.84

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
$82.00	Sep 18	Sep 21	$0.08	12.3%	8.8%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Sep 18	Sep 21	$0.07	12.3%	8.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 192 found (cheapest 0.54% of stock, avg 4.13%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Sep 18	$0.15	$0.29	$0.44	$81.56	$82.44	0.54%
$81.50	Sep 18	$0.44	$0.09	$0.53	$80.97	$82.03	0.65%
$82.00	Sep 21	$0.23	$0.36	$0.59	$81.41	$82.59	0.72%
$81.50	Sep 21	$0.51	$0.15	$0.66	$80.84	$82.16	0.81%
$82.50	Sep 18	$0.03	$0.69	$0.72	$81.78	$83.22	0.88%
$82.50	Sep 21	$0.07	$0.72	$0.79	$81.71	$83.29	0.97%
$82.00	Sep 23	$0.35	$0.46	$0.81	$81.19	$82.81	0.99%
$81.00	Sep 18	$0.86	$0.02	$0.88	$80.12	$81.88	1.08%
$81.50	Sep 23	$0.63	$0.25	$0.88	$80.62	$82.38	1.08%
$81.00	Sep 21	$0.90	$0.05	$0.95	$80.05	$81.95	1.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 205 found (cheapest 0.06% of stock, avg 0.80%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$81.00	Sep 18	$0.03	$0.02	$0.05	$80.95	$82.55
$83.50	$80.00	Sep 23	$0.03	$0.03	$0.06	$79.94	$83.56
$83.00	$81.00	Sep 21	$0.03	$0.05	$0.08	$80.92	$83.08
$84.00	$79.50	Sep 28	$0.05	$0.04	$0.09	$79.41	$84.09
$83.50	$80.50	Sep 23	$0.03	$0.06	$0.09	$80.41	$83.59
$83.50	$79.50	Sep 25	$0.06	$0.04	$0.10	$79.40	$83.60
$83.00	$80.00	Sep 23	$0.07	$0.03	$0.10	$79.90	$83.10
$83.50	$80.00	Sep 25	$0.06	$0.06	$0.12	$79.88	$83.62
$84.00	$80.00	Sep 28	$0.05	$0.07	$0.12	$79.88	$84.12
$82.50	$81.00	Sep 21	$0.07	$0.05	$0.12	$80.88	$82.62

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 13 found (best R:R 1.27, avg credit $0.31)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	83/84	Oct 23	$0.28	$0.22	35%	1.27	$80.22	$83.28
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
80/80	84/84	Oct 23	$0.23	$0.27	41%	0.85	$80.27	$83.73
78/79	85/86	Oct 30	$0.22	$0.78	65%	0.28	$78.78	$85.22
78/79	83/84	Oct 30	$0.40	$0.60	47%	0.67	$78.60	$83.40
79/80	85/86	Oct 30	$0.31	$0.69	56%	0.45	$79.69	$85.31
78/79	84/85	Oct 30	$0.29	$0.71	57%	0.41	$78.71	$84.29
79/80	83/84	Oct 30	$0.49	$0.51	37%	0.96	$79.51	$83.49
79/80	84/85	Oct 30	$0.38	$0.62	48%	0.61	$79.62	$84.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 103 found (best R:R 1.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Sep 30	$0.19	$0.81	41%	4.26
$78.00	$79.00	$80.00	Oct 16	$0.06	$0.94	20%	15.67
$79.00	$80.00	$81.00	Oct 30	$0.09	$0.91	25%	10.11
$81.50	$82.00	$82.50	Sep 18	$0.17	$0.33	64%	1.94
$81.00	$81.50	$82.00	Sep 18	$0.13	$0.37	55%	2.85

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.50	$82.00	$82.50	Sep 18	$0.20	$0.30	74%	1.50
$81.00	$81.50	$82.00	Sep 18	$0.13	$0.37	58%	2.85
$81.00	$82.00	$83.00	Sep 30	$0.27	$0.73	49%	2.70
$79.00	$80.00	$81.00	Sep 30	$0.09	$0.91	23%	10.11
$81.00	$81.50	$82.00	Sep 21	$0.11	$0.39	47%	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. 133 found (best net $-1.93, 121 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$1.93	$3.07
$70.00	$75.00	1:2	Oct 30	-$2.03	$2.97
$80.00	$81.00	1:2	Sep 30	-$0.38	$0.62
$81.00	$81.50	1:2	Sep 21	-$0.12	$0.38
$82.00	$83.00	1:2	Oct 16	-$0.12	$0.88

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$95.00	$90.00	1:2	Oct 23	-$3.31	$1.69
$90.00	$87.00	1:2	Sep 30	-$2.18	$0.82
$87.00	$85.00	1:2	Sep 30	-$1.18	$0.82
$84.00	$83.00	1:2	Sep 23	-$0.22	$0.78
$90.00	$87.00	1:2	Oct 23	-$2.44	$0.56

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 51 found (best yield 1.42%, avg 0.38%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$1.16	0.46	0.3%	1.42%	1.69%	1.5K	3.7K
$83.00	Oct 30	$0.74	0.34	1.5%	0.90%	2.40%	305	2.3K
$82.00	Oct 23	$1.01	0.45	0.3%	1.24%	1.50%	843	1.6K
$82.50	Oct 23	$0.79	0.38	0.9%	0.97%	1.85%	564	2.5K
$83.00	Oct 23	$0.61	0.32	1.5%	0.75%	2.24%	27.5K	1.1K
$84.00	Oct 30	$0.45	0.24	2.7%	0.55%	3.26%	885	2.7K
$82.00	Oct 16	$0.87	0.44	0.3%	1.06%	1.33%	77.9K	52.7K
$83.50	Oct 23	$0.45	0.26	2.1%	0.55%	2.65%	503	393
$83.00	Oct 16	$0.49	0.30	1.5%	0.60%	2.09%	94.5K	151.6K
$82.00	Oct 9	$0.72	0.43	0.3%	0.88%	1.15%	737	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 454,350

Total Puts 219,881

Put/Call Ratio 0.48

Net Difference 234,469

Prior's Put/Call Breakdown

Total Calls 638,256

Total Puts 251,024

Put/Call Ratio 0.39

Net Difference 387,232

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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