TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.82 +0.70%

$81.81 (-0.01%)🌙

as of 09/21 04:00 PM

(9/21 15:37) ◀

Monday, September 21, 2026 (4:00pm)

▶ (9/21 19:06)

◀ 9/21 16:00 ▶

Option Volume

Detail

ℹ

Current (09/21 4:00pm) 272,154

Calls: 206,298 (76%)

Puts: 65,856 (24%)

Prior (09/18) 502,113

Calls: 292,203 (58%)

Puts: 209,910 (42%)

Current vs Prior -45.80%

Calls: -29.40% (Calls)

Puts: -68.63% (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 -61.97%

Calls: -53.58%

Puts: -75.72%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/21 4:00pm) $11.64M

Calls: $9.46M (81%)

Puts: $2.18M (19%)

Prior (09/18) $19.13M

Calls: $10.79M (56%)

Puts: $8.33M (44%)

Current vs Prior -39.16%

Calls: -12.35%

Puts: -73.87%

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 -79.37%

Calls: -67.39%

Puts: -92.05%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21 4:00pm) 0.32

Prior (09/18) 0.72

Current vs Prior -55.56%

Prior 7-Day Average 0.62

Current vs Prior 7-Day Avg -48.62%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/21 4:00pm) 2,740,787

Calls: 1,817,663 (66%)

Puts: 923,124 (34%)

Prior (09/18) 4,307,168

Calls: 2,809,593 (65%)

Puts: 1,497,575 (35%)

Current vs Prior -36.37%

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 -31.82%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/21) | Next (09/23)Expiry (09/25) | Next (10/02)Expiry (09/21) | Next (10/16)

Current 0.62% | 1.04%1.32% | 2.00%0.62% | 2.63%

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

Current vs Prior +16.38% | +24.08%+47.88% | +30.10%-30.17% | -15.73%

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

Current vs 7-Day Avg -7.01% | -11.66%+11.96% | +6.70%-53.31% | -26.02%

Prior 7-Day Eod 0.89% | 1.06%0.64% | 1.51%0.64% | 3.18%

Current vs 7-Day Eod +16.38% | +24.08%+106.25% | +32.41%-2.61% | -17.25%

Sentiment BEARISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 3.44% | 1.88%

Calls: 4.17% | 1.64%

Puts: 2.70% | 2.13%

Prior 5.13% | 3.35%

Calls: 6.82% | 3.92%

Puts: 3.45% | 2.78%

Current vs Prior -32.94% | -43.88%

Prior 7-Day Avg 4.99% | 3.18%

Calls: 4.27% | 3.18%

Puts: 5.71% | 3.18%

Current vs 7-Day Avg -31.08% | -40.91%

Liquidity Good

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🤖 AI Insights

Strong bullish conviction with 81% of dollar volume in calls ($9.46M) vs puts ($2.18M). Below-average activity with volume down 46% vs prior. Extreme bullish P/C ratio of 0.32 - heavy call buying (206,298 calls vs 65,856 puts). P/C ratio dropping 56% - sentiment shifting bullish.

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 NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
16:00	BULLISH	BULLISH	BULLISH
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

💰

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 300 of results (avg 3.0%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 23	1.50	1.51	$1.51	0.7%	484	0.61	1.2K
$68.00	Sep 23	13.80	13.90	$13.85	0.7%	18	1.00	--
$69.00	Sep 23	12.80	12.90	$12.85	0.8%	18	1.00	--
$81.00	Oct 9	1.23	1.24	$1.23	0.8%	304	0.65	1.8K
$81.50	Oct 23	1.20	1.21	$1.21	0.8%	813	0.52	4.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$98.00	Oct 16	16.35	16.50	$16.43	0.9%	--	0.99	114
$98.00	Sep 21	16.10	16.25	$16.18	0.9%	2	1.00	--
$97.00	Oct 16	15.35	15.50	$15.43	1.0%	--	0.99	121
$97.00	Sep 21	15.10	15.25	$15.18	1.0%	2	1.00	--
$96.00	Oct 16	14.35	14.50	$14.43	1.0%	--	0.99	86

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 119 found (avg $0.34, cheapest $0.33)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 21	0.30	0.36	$0.33	18.2%	9.9K	0.96	5.0K
$82.50	Sep 23	0.05	0.06	$0.06	16.7%	1.7K	0.16	1.0K
$82.00	Sep 23	0.19	0.20	$0.20	5.0%	13.3K	0.41	4.0K
$83.00	Sep 25	0.05	0.06	$0.06	16.7%	911	0.12	18.4K
$83.00	Sep 28	0.08	0.09	$0.09	11.1%	210	0.16	1.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 23	0.05	0.06	$0.06	16.7%	1.5K	0.14	9.2K
$81.50	Sep 23	0.14	0.15	$0.15	6.7%	2.6K	0.32	2.2K
$80.50	Sep 25	0.05	0.06	$0.06	16.7%	480	0.11	5.5K
$81.00	Sep 25	0.11	0.13	$0.12	16.7%	3.3K	0.20	40.2K
$82.00	Sep 23	0.36	0.37	$0.37	2.7%	610	0.59	2.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 230 found (avg delta 0.91, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Sep 21	13.75	13.90	$13.83	1.1%	8	1.00	--
$69.00	Sep 21	12.75	12.90	$12.83	1.2%	8	1.00	--
$70.00	Sep 21	11.75	11.90	$11.83	1.3%	20	1.00	--
$71.00	Sep 21	10.75	10.90	$10.83	1.4%	22	1.00	--
$72.00	Sep 21	9.75	9.90	$9.82	1.5%	54	1.00	79

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.50	Sep 23	1.64	1.72	$1.68	4.8%	2	1.00	--
$86.00	Sep 23	4.10	4.25	$4.18	3.6%	1	1.00	--
$87.00	Sep 23	5.10	5.25	$5.18	2.9%	9	1.00	--
$87.00	Sep 25	5.10	5.25	$5.18	2.9%	1	1.00	--
$87.00	Sep 30	5.10	5.25	$5.18	2.9%	--	1.00	22

Most actively traded options today. High liquidity = easy entry/exit. 366 active (total vol 269.3K, top 23.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 25	0.32	0.33	$0.33	3.0%	23.0K	0.44	35.1K
$82.00	Sep 30	0.47	0.48	$0.48	2.1%	20.4K	0.45	68.5K
$82.00	Sep 23	0.19	0.20	$0.20	5.0%	13.3K	0.41	4.0K
$83.00	Oct 16	0.43	0.44	$0.44	2.3%	12.4K	0.28	208.8K
$84.00	Oct 16	0.21	0.22	$0.22	4.5%	12.0K	0.17	98.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 21	0.00	0.01	$0.01	100.0%	7.2K	0.06	1.6K
$80.00	Oct 16	0.35	0.36	$0.36	2.8%	7.0K	0.25	40.0K
$81.00	Sep 25	0.11	0.13	$0.12	16.7%	3.3K	0.20	40.2K
$80.50	Sep 23	0.01	0.02	$0.02	50.0%	3.3K	0.05	3.2K
$82.00	Oct 16	1.08	1.10	$1.09	1.8%	3.1K	0.57	37.0K

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. 67 found (best R:R 1.27, avg 1.91)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$82.00	Sep 21	$0.32	$0.18	$0.32	96%	0.56	$81.82
$81.50	$82.00	Sep 23	$0.28	$0.22	$0.28	68%	0.79	$81.78
$81.50	$82.00	Sep 25	$0.28	$0.22	$0.28	64%	0.79	$81.78
$82.50	$83.00	Oct 16	$0.16	$0.34	$0.16	36%	2.13	$82.66
$83.50	$84.00	Oct 23	$0.11	$0.39	$0.11	25%	3.55	$83.61

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Oct 30	$0.44	$0.56	$0.44	55%	1.27	$81.56
$82.00	$81.50	Oct 16	$0.24	$0.26	$0.24	57%	1.08	$81.76
$80.50	$80.00	Oct 23	$0.12	$0.38	$0.12	34%	3.17	$80.38
$81.50	$81.00	Oct 23	$0.20	$0.30	$0.20	49%	1.50	$81.30
$80.00	$79.00	Oct 30	$0.19	$0.81	$0.19	29%	4.26	$79.81

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 37 found (best R:R 0.47, avg 0.44)

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	55%	0.47	$82.32
$82.00	$83.00	Oct 30	$0.41	$0.41	$0.59	55%	0.69	$82.41
$82.00	$82.50	Sep 23	$0.14	$0.14	$0.36	59%	0.39	$82.14
$83.00	$84.00	Sep 30	$0.11	$0.11	$0.89	80%	0.12	$83.11
$83.00	$84.00	Oct 30	$0.28	$0.28	$0.72	67%	0.39	$83.28

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Sep 30	$0.15	$0.15	$0.85	73%	0.18	$80.85
$81.50	$81.00	Sep 25	$0.13	$0.13	$0.37	64%	0.35	$81.37
$80.50	$80.00	Oct 9	$0.12	$0.12	$0.38	71%	0.32	$80.38
$81.00	$80.50	Oct 2	$0.14	$0.14	$0.36	65%	0.39	$80.86
$81.50	$81.00	Oct 2	$0.20	$0.20	$0.30	52%	0.67	$81.30

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. 186 found (cheapest 0.23% of stock, avg 4.21%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$82.00	Sep 21	$0.01	$0.18	$0.19	$81.81	$82.19	0.23%
$81.50	Sep 21	$0.33	$0.01	$0.34	$81.16	$81.84	0.42%
$82.00	Sep 23	$0.20	$0.37	$0.57	$81.43	$82.57	0.70%
$81.50	Sep 23	$0.48	$0.15	$0.63	$80.87	$82.13	0.77%
$82.50	Sep 23	$0.06	$0.74	$0.80	$81.70	$83.30	0.98%
$82.00	Sep 25	$0.33	$0.47	$0.80	$81.20	$82.80	0.98%
$81.00	Sep 21	$0.83	$0.01	$0.84	$80.16	$81.84	1.03%
$81.50	Sep 25	$0.61	$0.25	$0.86	$80.64	$82.36	1.05%
$82.00	Sep 28	$0.38	$0.51	$0.89	$81.11	$82.89	1.09%
$81.00	Sep 23	$0.88	$0.06	$0.94	$80.06	$81.94	1.15%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.02% of stock, avg 0.88%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.00	$81.50	Sep 21	$0.01	$0.01	$0.02	$81.48	$82.02
$83.50	$80.00	Sep 25	$0.03	$0.03	$0.06	$79.94	$83.56
$83.50	$80.00	Sep 28	$0.04	$0.04	$0.08	$79.92	$83.58
$83.00	$81.00	Sep 23	$0.02	$0.06	$0.08	$80.92	$83.08
$83.50	$80.50	Sep 25	$0.03	$0.06	$0.09	$80.41	$83.59
$83.00	$80.00	Sep 25	$0.06	$0.03	$0.09	$79.91	$83.09
$83.00	$80.50	Sep 25	$0.06	$0.06	$0.12	$80.38	$83.12
$82.50	$81.00	Sep 23	$0.06	$0.06	$0.12	$80.88	$82.62
$83.50	$80.50	Sep 28	$0.04	$0.08	$0.12	$80.38	$83.62
$84.00	$80.00	Sep 30	$0.05	$0.08	$0.13	$79.87	$84.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 9 found (best R:R 1.17, avg credit $0.31)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	82/83	Oct 9	$0.27	$0.23	38%	1.17	$80.23	$82.77
80/80	83/84	Oct 16	$0.25	$0.25	40%	1.00	$80.25	$83.25
80/80	84/84	Oct 23	$0.23	$0.27	42%	0.85	$80.27	$83.73
80/80	83/84	Oct 23	$0.26	$0.24	36%	1.08	$80.24	$83.26
78/79	83/84	Oct 30	$0.41	$0.59	48%	0.69	$78.59	$83.41
78/79	84/85	Oct 30	$0.30	$0.70	58%	0.43	$78.70	$84.30
79/80	83/84	Oct 30	$0.47	$0.53	38%	0.89	$79.53	$83.47
79/80	84/85	Oct 30	$0.36	$0.64	49%	0.56	$79.64	$84.36
80/81	83/84	Sep 30	$0.26	$0.74	53%	0.35	$80.74	$83.26

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 78 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 21	$0.18	$0.32	88%	1.78
$79.00	$80.00	$81.00	Oct 30	$0.08	$0.92	26%	11.50
$81.50	$82.00	$82.50	Sep 21	$0.32	$0.18	92%	0.56
$80.00	$81.00	$82.00	Sep 30	$0.21	$0.79	44%	3.76
$80.00	$81.00	$82.00	Oct 30	$0.13	$0.87	30%	6.69

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Sep 21	$0.17	$0.33	89%	1.94
$80.00	$81.00	$82.00	Sep 30	$0.22	$0.78	44%	3.55
$81.00	$82.00	$83.00	Sep 30	$0.31	$0.69	53%	2.23
$79.00	$80.00	$81.00	Sep 30	$0.10	$0.90	23%	9.00
$78.00	$79.00	$80.00	Oct 30	$0.06	$0.94	16%	15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 125 found (best net $-0.85, 107 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$69.00	$75.00	1:2	Sep 23	-$0.85	$5.15
$70.00	$75.00	1:2	Sep 25	-$1.88	$3.12
$70.00	$75.00	1:2	Sep 30	-$1.92	$3.08
$70.00	$75.00	1:2	Oct 30	-$1.98	$3.02
$80.00	$81.00	1:2	Sep 30	-$0.27	$0.73

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$92.00	$87.50	1:2	Oct 23	-$1.43	$3.07
$87.00	$85.00	1:2	Sep 30	-$1.18	$0.82
$84.00	$83.00	1:2	Sep 30	-$0.37	$0.63
$82.50	$82.00	1:2	Sep 25	-$0.14	$0.36
$83.00	$82.50	1:2	Sep 23	-$0.29	$0.21

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 44 found (best yield 1.33%, avg 0.38%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$1.09	0.45	0.2%	1.33%	1.55%	1.3K	4.2K
$83.00	Oct 30	$0.68	0.33	1.4%	0.83%	2.27%	564	2.8K
$82.00	Oct 23	$0.93	0.45	0.2%	1.14%	1.36%	1.6K	2.4K
$82.50	Oct 23	$0.72	0.38	0.8%	0.88%	1.71%	129	2.7K
$83.00	Oct 23	$0.54	0.31	1.4%	0.66%	2.10%	623	26.4K
$84.00	Oct 30	$0.40	0.23	2.7%	0.49%	3.15%	2.0K	3.4K
$82.00	Oct 16	$0.80	0.44	0.2%	0.98%	1.20%	11.0K	94.1K
$82.50	Oct 16	$0.59	0.36	0.8%	0.72%	1.55%	161	--
$83.50	Oct 23	$0.40	0.25	2.0%	0.49%	2.54%	1.1K	866
$83.00	Oct 16	$0.43	0.28	1.4%	0.53%	1.97%	12.4K	208.8K

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 206,298

Total Puts 65,856

Put/Call Ratio 0.32

Net Difference 140,442

Prior's Put/Call Breakdown

Total Calls 292,203

Total Puts 209,910

Put/Call Ratio 0.72

Net Difference 82,293

Prior 7-Day Put/Call Summary

Total Calls 3,110,868

Total Puts 1,898,516

Average Put/Call Ratio 0.62

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

🤖 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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