TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.29 -0.61%

(9/18 14:00) ◀

Friday, September 18, 2026 (3:00pm)

▶ (9/18 15:25)

◀ 9/18 15:00 ▶

Option Volume

Detail

ℹ

Current (09/18 3:00pm) 379,137

Calls: 184,700 (49%)

Puts: 194,437 (51%)

Prior (09/17) 502,358

Calls: 341,860 (68%)

Puts: 160,498 (32%)

Current vs Prior -24.53%

Calls: -45.97% (Calls)

Puts: +21.15% (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 -47.02%

Calls: -58.44%

Puts: -28.31%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/18 3:00pm) $15.00M

Calls: $7.71M (51%)

Puts: $7.28M (49%)

Prior (09/17) $49.80M

Calls: $15.81M (32%)

Puts: $34.00M (68%)

Current vs Prior -69.89%

Calls: -51.19%

Puts: -78.58%

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 -73.41%

Calls: -73.41%

Puts: -73.41%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/18 3:00pm) 1.05

Prior (09/17) 0.47

Current vs Prior +124.23%

Prior 7-Day Average 0.62

Current vs Prior 7-Day Avg +69.46%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/18 3:00pm) 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 0.69% | 0.89%0.69% | 1.46%0.69% | 3.14%

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

Current vs Prior -22.83% | -16.74%-22.82% | -4.98%-22.82% | +0.60%

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

Current vs 7-Day Avg -38.33% | -40.72%-41.57% | -22.07%-48.40% | -11.69%

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

Current vs 7-Day Eod -22.83% | -16.74%-21.80% | -4.28%-21.80% | +1.74%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 12.84% | 4.08%

Calls: 9.68% | 5.13%

Puts: 16.00% | 3.03%

Prior 5.13% | 3.35%

Calls: 6.82% | 3.92%

Puts: 3.45% | 2.78%

Current vs Prior +150.29% | +21.79%

Prior 7-Day Avg 4.99% | 3.18%

Calls: 4.27% | 3.18%

Puts: 5.71% | 3.18%

Current vs 7-Day Avg +157.24% | +28.23%

Liquidity Acceptable

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Light premium activity with dollar volume down 70% vs prior. Slightly bearish P/C ratio of 1.05. P/C ratio rising 124% - increased hedging/bearish positioning. Call-heavy open interest (2,809,593 calls vs 1,497,575 puts) suggests bullish positioning.

Smart Money BULLISH

Retail Flow NEUTRAL

Overall MIXED

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

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
15:00	BULLISH	NEUTRAL	MIXED
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

📈 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

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Best Value <$1

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High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 311 of results (avg 3.2%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Oct 16	1.75	1.76	$1.76	0.6%	1.7K	0.70	14.8K
$80.50	Oct 9	1.27	1.28	$1.27	0.8%	917	0.64	781
$81.00	Oct 23	1.25	1.26	$1.25	0.8%	633	0.51	1.2K
$80.50	Oct 2	1.17	1.18	$1.17	0.9%	80	0.67	211
$70.00	Oct 2	11.30	11.40	$11.35	0.9%	--	1.00	191

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 16	1.44	1.45	$1.44	0.7%	2.2K	0.64	36.8K
$95.00	Oct 2	13.90	14.00	$13.95	0.7%	--	0.99	10
$83.00	Oct 30	2.29	2.31	$2.30	0.9%	8	0.72	1.5K
$97.00	Oct 16	15.85	16.00	$15.93	0.9%	--	0.99	121
$97.00	Sep 18	15.65	15.80	$15.73	1.0%	23	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 125 found (avg $0.35, cheapest $0.25)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 18	0.29	0.32	$0.31	9.7%	9.8K	0.91	54.1K
$81.50	Sep 21	0.11	0.12	$0.12	8.3%	5.9K	0.33	2.9K
$82.00	Sep 23	0.10	0.11	$0.11	9.1%	2.1K	0.21	3.1K
$81.00	Sep 21	0.38	0.40	$0.39	5.1%	1.9K	0.71	7.2K
$82.50	Sep 25	0.09	0.10	$0.10	10.0%	2.0K	0.15	8.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 18	0.23	0.27	$0.25	16.0%	8.7K	0.86	11.3K
$81.00	Sep 21	0.09	0.10	$0.10	10.0%	3.2K	0.30	3.1K
$81.50	Sep 21	0.32	0.33	$0.33	3.0%	1.8K	0.67	1.4K
$80.50	Sep 23	0.09	0.10	$0.10	10.0%	1.5K	0.19	1.6K
$81.00	Sep 23	0.21	0.22	$0.22	4.5%	1.8K	0.37	8.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 236 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 18	11.20	11.35	$11.27	1.3%	219	1.00	259
$71.00	Sep 18	10.20	10.35	$10.27	1.5%	8	1.00	28
$72.00	Sep 18	9.20	9.35	$9.27	1.6%	15	1.00	31
$73.00	Sep 18	8.20	8.35	$8.27	1.8%	15	1.00	344
$74.00	Sep 18	7.20	7.35	$7.28	2.1%	16	1.00	87

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Sep 18	15.65	15.80	$15.73	1.0%	23	1.00	--
$92.00	Sep 18	10.65	10.80	$10.73	1.4%	23	1.00	4.6K
$93.00	Sep 18	11.65	11.80	$11.73	1.3%	8	1.00	15
$94.00	Sep 18	12.65	12.80	$12.73	1.2%	3	1.00	--
$95.00	Sep 18	13.65	13.80	$13.73	1.1%	3	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 392 active (total vol 378.5K, top 35.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 16	0.33	0.34	$0.34	2.9%	20.3K	0.23	206.8K
$82.00	Sep 25	0.19	0.20	$0.20	5.0%	14.4K	0.27	15.3K
$81.50	Sep 18	0.01	0.02	$0.02	50.0%	11.0K	0.14	40.3K
$81.50	Sep 25	0.37	0.38	$0.38	2.6%	10.8K	0.43	4.6K
$82.00	Sep 30	0.34	0.35	$0.35	2.9%	10.0K	0.33	62.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Oct 16	0.10	0.11	$0.11	9.1%	35.7K	0.08	75.4K
$79.00	Oct 16	0.29	0.30	$0.30	3.3%	34.3K	0.21	123.2K
$81.00	Sep 18	0.01	0.02	$0.02	50.0%	30.7K	0.13	69.5K
$81.50	Sep 18	0.23	0.27	$0.25	16.0%	8.7K	0.86	11.3K
$78.00	Oct 16	0.16	0.17	$0.17	5.9%	8.2K	0.12	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. -- strikes (avg --%, max --%)

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 73 found (best R:R 0.85, avg 1.98)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$81.50	Sep 18	$0.29	$0.21	$0.29	91%	0.72	$81.29
$83.00	$83.50	Oct 23	$0.11	$0.39	$0.11	26%	3.55	$83.11
$81.00	$81.50	Sep 21	$0.27	$0.23	$0.27	71%	0.85	$81.27
$82.50	$83.00	Oct 23	$0.14	$0.36	$0.14	31%	2.57	$82.64
$84.00	$85.00	Oct 30	$0.14	$0.86	$0.14	19%	6.14	$84.14

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Oct 16	$0.54	$0.46	$0.54	64%	0.85	$81.46
$81.00	$80.00	Oct 30	$0.38	$0.62	$0.38	50%	1.63	$80.62
$80.00	$79.00	Oct 30	$0.25	$0.75	$0.25	36%	3.00	$79.75
$82.00	$81.00	Oct 30	$0.53	$0.47	$0.53	61%	0.89	$81.47
$81.00	$80.00	Oct 16	$0.37	$0.63	$0.37	50%	1.70	$80.63

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 40 found (best R:R 0.30, avg 0.42)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 30	$0.23	$0.23	$0.77	67%	0.30	$82.23
$82.00	$83.00	Oct 30	$0.36	$0.36	$0.64	61%	0.56	$82.36
$82.00	$83.00	Oct 16	$0.30	$0.30	$0.70	64%	0.43	$82.30
$82.00	$82.50	Oct 23	$0.19	$0.19	$0.31	62%	0.61	$82.19
$82.00	$82.50	Oct 9	$0.16	$0.16	$0.34	66%	0.47	$82.16

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Sep 30	$0.27	$0.27	$0.73	58%	0.37	$80.73
$80.00	$79.00	Sep 30	$0.10	$0.10	$0.90	80%	0.11	$79.90
$81.00	$80.50	Sep 23	$0.12	$0.12	$0.38	63%	0.32	$80.88
$81.00	$80.50	Sep 25	$0.14	$0.14	$0.36	61%	0.39	$80.86
$80.50	$80.00	Oct 2	$0.15	$0.15	$0.35	63%	0.43	$80.35

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. 198 found (cheapest 0.33% of stock, avg 4.17%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Sep 18	$0.02	$0.25	$0.27	$81.23	$81.77	0.33%
$81.00	Sep 18	$0.31	$0.02	$0.33	$80.67	$81.33	0.41%
$81.50	Sep 21	$0.12	$0.33	$0.45	$81.05	$81.95	0.55%
$81.00	Sep 21	$0.39	$0.10	$0.49	$80.51	$81.49	0.60%
$81.50	Sep 23	$0.26	$0.45	$0.71	$80.79	$82.21	0.87%
$81.00	Sep 23	$0.53	$0.22	$0.75	$80.25	$81.75	0.92%
$82.00	Sep 18	$0.01	$0.75	$0.76	$81.24	$82.76	0.93%
$82.00	Sep 21	$0.03	$0.74	$0.77	$81.23	$82.77	0.95%
$80.50	Sep 18	$0.80	$0.01	$0.81	$79.69	$81.31	1.00%
$80.50	Sep 21	$0.81	$0.03	$0.84	$79.66	$81.34	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 0.81%)

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	$0.04	$0.08	$78.92	$83.58
$82.50	$80.00	Sep 23	$0.04	$0.05	$0.09	$79.91	$82.59
$83.00	$79.50	Sep 25	$0.05	$0.04	$0.09	$79.41	$83.09
$83.50	$79.50	Sep 28	$0.04	$0.06	$0.10	$79.40	$83.60
$83.00	$79.00	Sep 28	$0.07	$0.04	$0.11	$78.89	$83.11
$84.00	$79.00	Sep 30	$0.05	$0.07	$0.12	$78.88	$84.12
$83.00	$79.50	Sep 28	$0.07	$0.06	$0.13	$79.37	$83.13
$83.00	$80.00	Sep 25	$0.05	$0.08	$0.13	$79.87	$83.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 11 found (best R:R 1.27, avg credit $0.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	82/82	Oct 9	$0.28	$0.22	35%	1.27	$79.72	$82.28
79/80	82/83	Oct 23	$0.25	$0.25	40%	1.00	$79.25	$82.75
79/80	83/84	Oct 23	$0.22	$0.28	46%	0.79	$79.28	$83.22
80/80	82/83	Oct 9	$0.23	$0.27	43%	0.85	$79.77	$82.73
80/80	82/83	Oct 23	$0.27	$0.23	34%	1.17	$79.73	$82.77
80/80	83/84	Oct 23	$0.24	$0.26	40%	0.92	$79.76	$83.24
78/79	84/85	Oct 30	$0.31	$0.69	56%	0.45	$78.69	$84.31
78/79	83/84	Oct 30	$0.39	$0.61	47%	0.64	$78.61	$83.39
78/79	83/84	Oct 16	$0.29	$0.71	57%	0.41	$78.71	$83.29
79/80	83/84	Oct 16	$0.39	$0.61	44%	0.64	$79.61	$83.39

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 99 found (best R:R 1.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.50	$81.00	$81.50	Sep 18	$0.20	$0.30	86%	1.50
$81.00	$81.50	$82.00	Sep 18	$0.28	$0.22	88%	0.79
$78.00	$79.00	$80.00	Oct 16	$0.09	$0.91	26%	10.11
$78.00	$79.00	$80.00	Oct 30	$0.07	$0.93	22%	13.29
$80.00	$81.00	$82.00	Sep 30	$0.25	$0.75	48%	3.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.50	$81.00	$81.50	Sep 18	$0.22	$0.28	83%	1.27
$81.00	$81.50	$82.00	Sep 18	$0.27	$0.23	84%	0.85
$80.00	$81.00	$82.00	Sep 30	$0.27	$0.73	48%	2.70
$80.50	$81.00	$81.50	Sep 21	$0.16	$0.34	58%	2.13
$80.00	$80.50	$81.00	Sep 21	$0.05	$0.45	28%	9.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 124 found (best net $-1.32, 107 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$1.32	$3.68
$70.00	$75.00	1:2	Sep 25	-$1.33	$3.67
$70.00	$75.00	1:2	Oct 30	-$1.42	$3.58
$70.00	$74.00	1:2	Oct 16	-$3.38	$0.62
$80.00	$81.00	1:2	Sep 30	-$0.10	$0.90

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$83.00	$82.00	1:2	Sep 30	-$0.17	$0.83
$87.00	$85.00	1:2	Sep 30	-$1.71	$0.29
$84.00	$83.00	1:2	Sep 23	-$0.74	$0.26
$82.00	$81.50	1:2	Sep 23	-$0.09	$0.41
$82.50	$82.00	1:2	Sep 18	-$0.26	$0.24

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 44 found (best yield 1.13%, avg 0.37%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$0.92	0.39	0.9%	1.13%	2.01%	1.3K	3.8K
$81.50	Oct 23	$0.99	0.44	0.3%	1.22%	1.48%	233	3.8K
$83.00	Oct 30	$0.57	0.28	2.1%	0.70%	2.80%	1.0K	2.5K
$82.00	Oct 23	$0.77	0.38	0.9%	0.95%	1.82%	205	1.8K
$82.50	Oct 23	$0.58	0.31	1.5%	0.71%	2.20%	177	2.6K
$82.00	Oct 16	$0.63	0.36	0.9%	0.78%	1.65%	7.7K	90.1K
$83.00	Oct 23	$0.44	0.26	2.1%	0.54%	2.64%	137	26.4K
$84.00	Oct 30	$0.34	0.19	3.3%	0.42%	3.75%	191	3.3K
$81.50	Oct 9	$0.69	0.42	0.3%	0.85%	1.11%	125	7.8K
$83.50	Oct 23	$0.33	0.20	2.7%	0.41%	3.12%	87	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 184,700

Total Puts 194,437

Put/Call Ratio 1.05

Net Difference -9,737

Prior's Put/Call Breakdown

Total Calls 341,860

Total Puts 160,498

Put/Call Ratio 0.47

Net Difference 181,362

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

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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