TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.19 -0.72%

(9/18 13:00) ◀

Friday, September 18, 2026 (2:00pm)

▶ (9/18 15:00)

◀ 9/18 14:00 ▶

Option Volume

Detail

ℹ

Current (09/18 2:00pm) 338,015

Calls: 154,271 (46%)

Puts: 183,744 (54%)

Prior (09/17) 378,817

Calls: 305,247 (81%)

Puts: 73,570 (19%)

Current vs Prior -10.77%

Calls: -49.46% (Calls)

Puts: +149.75% (Puts)

Prior 7-Day Total 5,009,384

Calls: 3,110,868 (62%)

Puts: 1,898,516 (38%)

Prior 7-Day Average 715,626

Calls: 444,409 (62%)

Puts: 271,216 (38%)

Current vs Prior 7-Day Avg -52.77%

Calls: -65.29%

Puts: -32.25%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/18 2:00pm) $13.54M

Calls: $6.33M (47%)

Puts: $7.22M (53%)

Prior (09/17) $16.75M

Calls: $13.71M (82%)

Puts: $3.04M (18%)

Current vs Prior -19.13%

Calls: -53.87%

Puts: +137.72%

Prior 7-Day Total $394.79M

Calls: $203.09M (51%)

Puts: $191.70M (49%)

Prior 7-Day Average $56.40M

Calls: $29.01M (51%)

Puts: $27.39M (49%)

Current vs Prior 7-Day Avg -75.99%

Calls: -78.20%

Puts: -73.64%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/18 2:00pm) 1.19

Prior (09/17) 0.24

Current vs Prior +394.17%

Prior 7-Day Average 0.62

Current vs Prior 7-Day Avg +91.73%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/18 2:00pm) 4,307,168

Calls: 2,809,593 (65%)

Puts: 1,497,575 (35%)

Prior (09/17) 4,167,727

Calls: 2,664,673 (64%)

Puts: 1,503,054 (36%)

Current vs Prior +3.35%

Prior 7-Day Total 28,140,215

Calls: 17,339,755 (62%)

Puts: 10,800,460 (38%)

Prior 7-Day Average 4,020,030

Calls: 2,477,107 (62%)

Puts: 1,542,922 (38%)

Current vs Prior 7-Day Avg +7.14%

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 0.64% | 0.89%0.64% | 1.45%0.64% | 3.14%

Prior 0.89% | 1.06%0.89% | 1.54%0.89% | 3.12%

Current vs Prior -28.25% | -16.64%-28.24% | -5.67%-28.24% | +0.73%

Prior 7-Day Avg 1.12% | 1.49%1.18% | 1.88%1.34% | 3.55%

Current vs 7-Day Avg -42.67% | -40.65%-45.67% | -22.63%-52.03% | -11.58%

Prior 7-Day Eod 0.89% | 1.06%0.88% | 1.53%0.88% | 3.08%

Current vs 7-Day Eod -28.25% | -16.64%-27.29% | -4.97%-27.29% | +1.86%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 14.38% | 5.62%

Calls: 10.00% | 6.25%

Puts: 18.75% | 5.00%

Prior 5.13% | 3.35%

Calls: 6.82% | 3.92%

Puts: 3.45% | 2.78%

Current vs Prior +180.31% | +67.76%

Prior 7-Day Avg 4.99% | 3.18%

Calls: 4.27% | 3.18%

Puts: 5.71% | 3.18%

Current vs 7-Day Avg +188.09% | +76.64%

Liquidity Pricy

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Slightly bearish P/C ratio of 1.19. P/C ratio rising 394% - increased hedging/bearish positioning. Call-heavy open interest (2,809,593 calls vs 1,497,575 puts) suggests bullish positioning.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

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
14:00	BEARISH	BEARISH	BEARISH
13:00	BEARISH	BEARISH	BEARISH
12:00	BEARISH	BEARISH	BEARISH
11:00	BEARISH	BEARISH	BEARISH
10:00	BEARISH	BULLISH	BULLISH

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💰 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

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Tightest Spreads

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Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 315 of results (avg 2.9%, best 0.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Oct 30	1.97	1.98	$1.98	0.5%	152	0.65	1.9K
$80.50	Oct 23	1.48	1.49	$1.49	0.7%	39	0.59	444
$70.00	Sep 25	11.20	11.30	$11.25	0.9%	--	1.00	26
$70.00	Sep 18	11.15	11.25	$11.20	0.9%	219	1.00	259
$65.00	Sep 30	16.20	16.35	$16.27	0.9%	--	1.00	73

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Sep 18	15.75	15.85	$15.80	0.6%	23	1.00	--
$96.00	Sep 18	14.75	14.85	$14.80	0.7%	23	1.00	--
$95.00	Oct 2	13.95	14.05	$14.00	0.7%	--	0.99	10
$94.00	Sep 18	12.75	12.85	$12.80	0.8%	3	1.00	--
$83.00	Oct 23	2.29	2.31	$2.30	0.9%	22	0.76	403

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 126 found (avg $0.36, cheapest $0.20)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 18	0.19	0.21	$0.20	10.0%	5.8K	0.85	54.1K
$81.50	Sep 21	0.09	0.10	$0.10	10.0%	5.2K	0.28	2.9K
$81.00	Sep 21	0.31	0.33	$0.32	6.3%	1.8K	0.64	7.2K
$82.00	Sep 23	0.09	0.10	$0.10	10.0%	1.5K	0.19	3.1K
$81.50	Sep 23	0.22	0.23	$0.23	4.3%	1.5K	0.36	1.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 21	0.12	0.13	$0.13	7.7%	3.1K	0.37	3.1K
$81.50	Sep 18	0.29	0.35	$0.32	18.8%	8.5K	0.88	11.3K
$80.50	Sep 23	0.11	0.12	$0.12	8.3%	1.3K	0.22	1.6K
$81.50	Sep 21	0.39	0.41	$0.40	5.0%	1.8K	0.72	1.4K
$81.00	Sep 23	0.25	0.26	$0.26	3.8%	1.8K	0.42	8.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 240 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 18	11.15	11.25	$11.20	0.9%	219	1.00	259
$71.00	Sep 18	10.10	10.25	$10.18	1.5%	8	1.00	28
$72.00	Sep 18	9.10	9.25	$9.18	1.6%	15	1.00	31
$73.00	Sep 18	8.15	8.25	$8.20	1.2%	15	1.00	344
$74.00	Sep 18	7.15	7.25	$7.20	1.4%	16	1.00	87

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$96.00	Sep 18	14.75	14.85	$14.80	0.7%	23	1.00	--
$97.00	Sep 18	15.75	15.85	$15.80	0.6%	23	1.00	--
$92.00	Sep 18	10.75	10.85	$10.80	0.9%	15	1.00	4.6K
$93.00	Sep 18	11.75	11.90	$11.83	1.3%	8	1.00	15
$94.00	Sep 18	12.75	12.85	$12.80	0.8%	3	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 388 active (total vol 337.3K, top 35.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 16	0.31	0.32	$0.32	3.1%	20.1K	0.22	206.8K
$82.00	Sep 25	0.17	0.18	$0.18	5.6%	11.8K	0.25	15.3K
$81.50	Sep 18	0.01	0.02	$0.02	50.0%	10.3K	0.12	40.3K
$82.00	Sep 30	0.31	0.32	$0.32	3.1%	9.5K	0.31	62.2K
$82.00	Oct 16	0.59	0.60	$0.60	1.7%	6.6K	0.34	90.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Oct 16	0.10	0.11	$0.11	9.1%	35.6K	0.08	75.4K
$79.00	Oct 16	0.30	0.31	$0.31	3.2%	34.3K	0.21	123.2K
$81.00	Sep 18	0.01	0.02	$0.02	50.0%	29.8K	0.16	69.5K
$81.50	Sep 18	0.29	0.35	$0.32	18.8%	8.5K	0.88	11.3K
$78.00	Oct 16	0.17	0.18	$0.18	5.6%	8.2K	0.13	19.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 1 strikes (avg 47.6%, max 47.6%)

CALLS (0)

No calls found

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Sep 18	Oct 30	14.3%	9.7%	47.6%	30.1K	72.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 73 found (best R:R 0.79, avg 2.15)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$81.50	Sep 18	$0.18	$0.32	$0.18	85%	1.78	$81.18
$80.00	$80.50	Oct 23	$0.32	$0.18	$0.32	67%	0.56	$80.32
$81.00	$81.50	Sep 21	$0.22	$0.28	$0.22	64%	1.27	$81.22
$84.00	$85.00	Oct 30	$0.13	$0.87	$0.13	18%	6.69	$84.13
$82.50	$83.00	Oct 9	$0.10	$0.40	$0.10	24%	4.00	$82.60

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Oct 16	$0.56	$0.44	$0.56	66%	0.79	$81.44
$82.00	$81.00	Oct 30	$0.54	$0.46	$0.54	62%	0.85	$81.46
$81.00	$80.00	Oct 30	$0.40	$0.60	$0.40	51%	1.50	$80.60
$80.00	$79.00	Oct 30	$0.26	$0.74	$0.26	37%	2.85	$79.74
$82.00	$81.00	Sep 30	$0.56	$0.44	$0.56	69%	0.79	$81.44

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 42 found (best R:R 0.27, avg 0.41)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 30	$0.21	$0.21	$0.79	69%	0.27	$82.21
$82.00	$83.00	Oct 16	$0.28	$0.28	$0.72	66%	0.39	$82.28
$82.00	$83.00	Oct 30	$0.33	$0.33	$0.67	62%	0.49	$82.33
$81.50	$82.00	Sep 28	$0.18	$0.18	$0.32	59%	0.56	$81.68
$83.00	$84.00	Oct 30	$0.22	$0.22	$0.78	73%	0.28	$83.22

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.50	Sep 21	$0.10	$0.10	$0.40	63%	0.25	$80.90
$80.00	$79.00	Sep 30	$0.12	$0.12	$0.88	79%	0.14	$79.88
$81.00	$80.00	Sep 30	$0.29	$0.29	$0.71	55%	0.41	$80.71
$81.00	$80.50	Sep 25	$0.16	$0.16	$0.34	57%	0.47	$80.84
$81.00	$80.50	Sep 23	$0.14	$0.14	$0.36	58%	0.39	$80.86

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 197 found (cheapest 0.27% of stock, avg 4.17%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.00	Sep 18	$0.20	$0.02	$0.22	$80.78	$81.22	0.27%
$81.50	Sep 18	$0.02	$0.32	$0.34	$81.16	$81.84	0.42%
$81.00	Sep 21	$0.32	$0.13	$0.45	$80.55	$81.45	0.55%
$81.50	Sep 21	$0.10	$0.40	$0.50	$81.00	$82.00	0.62%
$80.50	Sep 18	$0.70	$0.01	$0.71	$79.79	$81.21	0.87%
$81.00	Sep 23	$0.47	$0.26	$0.73	$80.27	$81.73	0.90%
$81.50	Sep 23	$0.23	$0.52	$0.75	$80.75	$82.25	0.92%
$80.50	Sep 21	$0.73	$0.03	$0.76	$79.74	$81.26	0.94%
$82.00	Sep 18	$0.01	$0.82	$0.83	$81.17	$82.83	1.02%
$82.00	Sep 21	$0.03	$0.81	$0.84	$81.16	$82.84	1.03%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 184 found (cheapest 0.05% of stock, avg 0.83%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$81.50	$81.00	Sep 18	$0.02	$0.02	$0.04	$80.96	$81.54
$82.00	$80.50	Sep 21	$0.03	$0.03	$0.06	$80.44	$82.06
$83.50	$79.00	Sep 28	$0.04	$0.05	$0.09	$78.91	$83.59
$82.50	$80.00	Sep 23	$0.04	$0.05	$0.09	$79.91	$82.59
$83.00	$79.50	Sep 25	$0.05	$0.05	$0.10	$79.40	$83.10
$83.50	$79.50	Sep 28	$0.04	$0.07	$0.11	$79.39	$83.61
$84.00	$79.00	Sep 30	$0.05	$0.07	$0.12	$78.88	$84.12
$83.00	$79.00	Sep 28	$0.07	$0.05	$0.12	$78.88	$83.12
$83.00	$79.50	Sep 28	$0.07	$0.07	$0.14	$79.36	$83.14
$82.50	$79.50	Sep 25	$0.09	$0.05	$0.14	$79.36	$82.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 14 found (best R:R 1.00, avg credit $0.31)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
79/80	82/83	Oct 23	$0.25	$0.25	41%	1.00	$79.25	$82.75
80/80	82/82	Oct 2	$0.24	$0.26	42%	0.92	$79.76	$82.24
80/80	82/82	Oct 9	$0.27	$0.23	36%	1.17	$79.73	$82.27
80/80	82/83	Oct 9	$0.23	$0.27	43%	0.85	$79.77	$82.73
80/80	82/82	Sep 28	$0.20	$0.30	44%	0.67	$80.30	$82.20
77/78	83/84	Oct 30	$0.33	$0.67	56%	0.49	$77.67	$83.33
77/78	84/85	Oct 30	$0.24	$0.76	65%	0.32	$77.76	$84.24
78/79	83/84	Oct 30	$0.39	$0.61	47%	0.64	$78.61	$83.39
78/79	84/85	Oct 30	$0.30	$0.70	56%	0.43	$78.70	$84.30
78/79	82/83	Oct 16	$0.41	$0.59	44%	0.69	$78.59	$82.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 99 found (best R:R 1.94, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Sep 18	$0.17	$0.33	82%	1.94
$78.00	$79.00	$80.00	Oct 16	$0.08	$0.92	27%	11.50
$79.00	$80.00	$81.00	Sep 30	$0.17	$0.83	36%	4.88
$79.00	$80.00	$81.00	Oct 30	$0.12	$0.88	28%	7.33
$78.00	$79.00	$80.00	Oct 30	$0.09	$0.91	23%	10.11

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Sep 18	$0.20	$0.30	81%	1.50
$65.00	$70.00	$75.00	Oct 30	$0.06	$4.94	5%	82.33
$80.50	$81.00	$81.50	Sep 18	$0.29	$0.21	85%	0.72
$79.00	$80.00	$81.00	Sep 30	$0.17	$0.83	36%	4.88
$80.50	$81.00	$81.50	Sep 21	$0.17	$0.33	62%	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. 132 found (best net $-1.25, 114 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 25	-$1.25	$3.75
$70.00	$75.00	1:2	Sep 30	-$1.33	$3.67
$70.00	$75.00	1:2	Oct 30	-$1.43	$3.57
$70.00	$74.00	1:2	Oct 16	-$3.29	$0.71
$80.00	$81.00	1:2	Sep 30	-$0.05	$0.95

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$83.00	$82.00	1:2	Sep 30	-$0.22	$0.78
$81.00	$80.00	1:2	Oct 16	-$0.16	$0.84
$82.00	$81.00	1:2	Oct 16	-$0.38	$0.62
$82.00	$81.50	1:2	Sep 23	-$0.16	$0.34
$87.00	$85.00	1:2	Sep 30	-$1.80	$0.20

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 45 found (best yield 1.07%, avg 0.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$0.87	0.38	1.0%	1.07%	2.07%	1.2K	3.8K
$81.50	Oct 23	$0.93	0.43	0.4%	1.15%	1.53%	231	3.8K
$83.00	Oct 30	$0.54	0.27	2.2%	0.67%	2.89%	991	2.5K
$82.00	Oct 23	$0.72	0.36	1.0%	0.89%	1.88%	204	1.8K
$82.50	Oct 23	$0.55	0.30	1.6%	0.68%	2.29%	174	2.6K
$82.00	Oct 16	$0.59	0.34	1.0%	0.73%	1.72%	6.6K	90.1K
$83.00	Oct 23	$0.41	0.24	2.2%	0.50%	2.73%	117	26.4K
$84.00	Oct 30	$0.32	0.18	3.5%	0.39%	3.86%	182	3.3K
$81.50	Oct 9	$0.64	0.41	0.4%	0.79%	1.17%	84	7.8K
$83.50	Oct 23	$0.31	0.20	2.9%	0.38%	3.23%	72	767

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 154,271

Total Puts 183,744

Put/Call Ratio 1.19

Net Difference -29,473

Prior's Put/Call Breakdown

Total Calls 305,247

Total Puts 73,570

Put/Call Ratio 0.24

Net Difference 231,677

Prior 7-Day Put/Call Summary

Total Calls 3,110,868

Total Puts 1,898,516

Average Put/Call Ratio 0.62

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

🤖 AI Insights

📈 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

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Price — Past 7 Days

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