TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.58 -0.26%

(9/22 11:00) ◀

Tuesday, September 22, 2026 (12:00pm)

▶ (9/22 13:00)

◀ 9/22 12:00 ▶

Option Volume

Detail

ℹ

Current (09/22 12:00pm) 95,180

Calls: 49,314 (52%)

Puts: 45,866 (48%)

Prior (09/18) 273,686

Calls: 107,880 (39%)

Puts: 165,806 (61%)

Current vs Prior -65.22%

Calls: -54.29% (Calls)

Puts: -72.34% (Puts)

Prior 7-Day Total 3,955,664

Calls: 2,654,266 (67%)

Puts: 1,301,398 (33%)

Prior 7-Day Average 565,094

Calls: 379,180 (67%)

Puts: 185,914 (33%)

Current vs Prior 7-Day Avg -83.16%

Calls: -86.99%

Puts: -75.33%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 12:00pm) $4.27M

Calls: $2.59M (61%)

Puts: $1.68M (39%)

Prior (09/18) $10.22M

Calls: $4.05M (40%)

Puts: $6.17M (60%)

Current vs Prior -58.19%

Calls: -36.13%

Puts: -72.70%

Prior 7-Day Total $276.69M

Calls: $163.92M (59%)

Puts: $112.77M (41%)

Prior 7-Day Average $39.53M

Calls: $23.42M (59%)

Puts: $16.11M (41%)

Current vs Prior 7-Day Avg -89.19%

Calls: -88.94%

Puts: -89.55%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 12:00pm) 0.93

Prior (09/18) 1.54

Current vs Prior -39.49%

Prior 7-Day Average 0.50

Current vs Prior 7-Day Avg +86.92%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (09/22 12:00pm) 2,729,840

Calls: 1,811,446 (66%)

Puts: 918,394 (34%)

Prior (09/18) 4,307,168

Calls: 2,809,593 (65%)

Puts: 1,497,575 (35%)

Current vs Prior -36.62%

Prior 7-Day Total 27,387,160

Calls: 17,276,473 (63%)

Puts: 10,110,687 (37%)

Prior 7-Day Average 3,912,451

Calls: 2,468,067 (63%)

Puts: 1,444,383 (37%)

Current vs Prior 7-Day Avg -30.23%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/23) | Next (09/25)Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 0.94% | 1.24%1.24% | 1.94%2.56% | 4.34%

Prior 1.04% | 1.32%1.32% | 2.00%0.62% | 2.63%

Current vs Prior -9.15% | -6.21%-6.21% | -3.38%+311.02% | +65.14%

Prior 7-Day Avg 1.07% | 1.36%1.14% | 1.86%0.94% | 3.33%

Current vs 7-Day Avg -11.53% | -9.04%+9.02% | +4.28%+171.36% | +30.33%

Prior 7-Day Eod 1.04% | 1.32%1.32% | 2.00%0.62% | 2.64%

Current vs 7-Day Eod -9.15% | -6.21%-6.23% | -3.40%+310.89% | +64.33%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.84% | 2.89%

Calls: 3.57% | 2.33%

Puts: 6.12% | 3.45%

Prior 3.44% | 1.88%

Calls: 4.17% | 1.64%

Puts: 2.70% | 2.13%

Current vs Prior +40.70% | +53.72%

Prior 7-Day Avg 5.11% | 2.86%

Calls: 4.32% | 2.47%

Puts: 5.89% | 3.24%

Current vs 7-Day Avg -5.23% | +1.05%

Liquidity Good

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🤖 AI Insights

Moderately bullish flow with 61% call dollar volume ($2.59M). Light premium activity with dollar volume down 58% vs prior. Below-average activity with volume down 65% vs prior. P/C ratio dropping 39% - sentiment shifting bullish.

Smart Money BULLISH

Retail Flow NEUTRAL

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BULLISH

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BEARISH

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
12:00	BULLISH	NEUTRAL	BULLISH
11:00	BULLISH	NEUTRAL	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 281 of results (avg 3.0%, best 0.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.50	Oct 23	1.64	1.65	$1.65	0.6%	6	0.67	434
$80.50	Oct 16	1.50	1.51	$1.51	0.7%	23	0.69	294
$81.00	Oct 30	1.49	1.50	$1.50	0.7%	4	0.56	1.5K
$80.50	Oct 9	1.38	1.39	$1.38	0.7%	--	0.73	1.3K
$68.00	Sep 23	13.55	13.65	$13.60	0.7%	13	1.00	18

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$95.00	Oct 2	13.60	13.70	$13.65	0.7%	--	0.99	10
$82.00	Oct 16	1.19	1.20	$1.19	0.8%	611	0.61	37.0K
$83.00	Oct 23	1.94	1.96	$1.95	1.0%	2	0.73	588
$82.00	Oct 2	0.96	0.97	$0.97	1.0%	53	0.65	2.0K
$91.00	Oct 2	9.60	9.70	$9.65	1.0%	--	0.99	13

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 136 found (avg $0.33, cheapest $0.08)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 23	0.07	0.08	$0.08	12.5%	5.3K	0.23	9.7K
$81.50	Sep 23	0.27	0.28	$0.28	3.6%	767	0.57	3.5K
$82.50	Sep 25	0.08	0.09	$0.09	11.1%	552	0.17	11.3K
$83.00	Sep 28	0.05	0.06	$0.06	16.7%	43	0.10	1.3K
$82.00	Sep 25	0.19	0.20	$0.20	5.0%	1.5K	0.33	34.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 23	0.17	0.18	$0.18	5.6%	3.3K	0.43	3.1K
$80.50	Sep 25	0.05	0.06	$0.06	16.7%	332	0.12	5.6K
$81.00	Sep 25	0.13	0.14	$0.14	7.1%	387	0.25	41.0K
$80.50	Sep 28	0.08	0.09	$0.09	11.1%	160	0.15	1.2K
$82.00	Sep 23	0.47	0.50	$0.49	6.1%	298	0.77	2.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 200 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$72.00	Sep 28	9.55	9.70	$9.63	1.6%	3	1.00	--
$73.00	Sep 28	8.55	8.70	$8.63	1.7%	3	1.00	--
$76.00	Sep 28	5.55	5.70	$5.63	2.7%	--	1.00	29
$70.00	Sep 30	11.55	11.70	$11.63	1.3%	--	1.00	185
$75.00	Sep 30	6.60	6.70	$6.65	1.5%	--	1.00	134

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 23	1.40	1.46	$1.43	4.2%	29	1.00	477
$83.50	Sep 23	1.89	1.96	$1.92	3.6%	4	1.00	--
$84.00	Sep 23	2.38	2.46	$2.42	3.3%	2	1.00	--
$87.00	Sep 23	5.35	5.50	$5.43	2.8%	6	1.00	2
$86.00	Sep 25	4.35	4.50	$4.43	3.4%	1	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 316 active (total vol 94.9K, top 8.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 23	0.07	0.08	$0.08	12.5%	5.3K	0.23	9.7K
$81.00	Oct 16	1.17	1.18	$1.17	0.9%	4.9K	0.59	30.0K
$83.00	Oct 16	0.33	0.34	$0.34	2.9%	4.8K	0.24	205.9K
$83.00	Oct 30	0.57	0.58	$0.57	1.8%	2.0K	0.30	2.7K
$86.50	Oct 9	0.02	0.03	$0.03	33.3%	2.0K	0.03	10.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 30	0.25	0.26	$0.26	3.8%	8.4K	0.32	13.1K
$80.00	Oct 5	0.17	0.18	$0.18	5.6%	6.3K	0.20	--
$81.00	Oct 16	0.68	0.69	$0.69	1.4%	4.3K	0.44	57.2K
$79.50	Oct 5	0.10	0.11	$0.11	9.1%	3.5K	0.13	--
$81.50	Sep 23	0.17	0.18	$0.18	5.6%	3.3K	0.43	3.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 27.5%, max 28.7%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Sep 23	Oct 30	12.4%	9.6%	28.7%	28	3.8K
$81.50	Sep 23	Oct 23	11.7%	9.3%	26.4%	788	7.4K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Sep 23	Oct 30	12.4%	9.6%	28.7%	174	12.3K
$81.50	Sep 23	Oct 23	11.7%	9.3%	26.4%	3.4K	3.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 75 found (best R:R 2.03, avg 2.06)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$83.00	Oct 9	$0.11	$0.39	$0.11	28%	3.55	$82.61
$81.00	$81.50	Sep 28	$0.33	$0.17	$0.33	72%	0.52	$81.33
$81.00	$81.50	Oct 16	$0.27	$0.23	$0.27	59%	0.85	$81.27
$83.00	$83.50	Oct 16	$0.10	$0.40	$0.10	24%	4.00	$83.10
$80.50	$81.00	Oct 23	$0.32	$0.18	$0.32	67%	0.56	$80.82

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Oct 30	$0.33	$0.67	$0.33	45%	2.03	$80.67
$82.00	$81.00	Oct 30	$0.49	$0.51	$0.49	58%	1.04	$81.51
$81.50	$81.00	Oct 23	$0.22	$0.28	$0.22	54%	1.27	$81.28
$82.00	$81.00	Oct 7	$0.52	$0.48	$0.52	64%	0.92	$81.48
$81.00	$80.50	Oct 9	$0.16	$0.34	$0.16	43%	2.12	$80.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 44 found (best R:R 0.67, avg 0.43)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Oct 30	$0.40	$0.40	$0.60	58%	0.67	$82.40
$82.00	$83.00	Sep 30	$0.24	$0.24	$0.76	62%	0.32	$82.24
$82.00	$83.00	Oct 7	$0.26	$0.26	$0.74	64%	0.35	$82.26
$83.00	$84.00	Oct 7	$0.11	$0.11	$0.89	82%	0.12	$83.11
$82.00	$82.50	Oct 9	$0.17	$0.17	$0.33	62%	0.52	$82.17

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Sep 30	$0.18	$0.18	$0.82	68%	0.22	$80.82
$80.00	$79.00	Oct 7	$0.14	$0.14	$0.86	78%	0.16	$79.86
$81.50	$81.00	Sep 23	$0.13	$0.13	$0.37	57%	0.35	$81.37
$80.50	$80.00	Oct 2	$0.11	$0.11	$0.39	72%	0.28	$80.39
$81.00	$80.00	Oct 7	$0.29	$0.29	$0.71	57%	0.41	$80.71

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.14, cheapest $0.12)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Sep 23	Sep 25	$0.15	11.7%	11.4%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Sep 23	Sep 25	$0.12	11.7%	11.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 167 found (cheapest 0.56% of stock, avg 4.08%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Sep 23	$0.28	$0.18	$0.46	$81.04	$81.96	0.56%
$82.00	Sep 23	$0.08	$0.49	$0.57	$81.43	$82.57	0.70%
$81.00	Sep 23	$0.63	$0.05	$0.68	$80.32	$81.68	0.83%
$81.50	Sep 25	$0.43	$0.30	$0.73	$80.77	$82.23	0.89%
$82.00	Sep 25	$0.20	$0.58	$0.78	$81.22	$82.78	0.96%
$81.50	Sep 28	$0.48	$0.35	$0.83	$80.67	$82.33	1.02%
$82.00	Sep 28	$0.26	$0.62	$0.88	$81.12	$82.88	1.08%
$81.00	Sep 25	$0.77	$0.14	$0.91	$80.09	$81.91	1.12%
$82.50	Sep 23	$0.02	$0.94	$0.96	$81.54	$83.46	1.18%
$81.00	Sep 28	$0.81	$0.18	$0.99	$80.01	$81.99	1.21%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 199 found (cheapest 0.05% of stock, avg 0.81%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$80.50	Sep 23	$0.02	$0.02	$0.04	$80.46	$82.54
$83.50	$80.00	Sep 28	$0.03	$0.04	$0.07	$79.93	$83.57
$83.00	$80.00	Sep 25	$0.04	$0.03	$0.07	$79.93	$83.07
$82.50	$81.00	Sep 23	$0.02	$0.05	$0.07	$80.93	$82.57
$83.00	$80.00	Sep 28	$0.06	$0.04	$0.10	$79.90	$83.10
$83.00	$80.50	Sep 25	$0.04	$0.06	$0.10	$80.40	$83.10
$82.00	$80.50	Sep 23	$0.08	$0.02	$0.10	$80.40	$82.10
$84.00	$80.00	Sep 30	$0.04	$0.08	$0.12	$79.88	$84.12
$83.50	$80.50	Sep 28	$0.03	$0.09	$0.12	$80.38	$83.62
$82.50	$80.00	Sep 25	$0.09	$0.03	$0.12	$79.88	$82.62

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 9 found (best R:R 1.17, avg credit $0.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	82/83	Oct 23	$0.27	$0.23	37%	1.17	$79.73	$82.77
80/80	83/84	Oct 23	$0.23	$0.27	44%	0.85	$79.77	$83.23
80/80	82/83	Oct 5	$0.21	$0.29	46%	0.72	$80.29	$82.71
80/80	82/83	Oct 9	$0.24	$0.26	39%	0.92	$80.26	$82.74
78/79	84/85	Oct 30	$0.27	$0.73	60%	0.37	$78.73	$84.27
78/79	83/84	Oct 30	$0.36	$0.64	50%	0.56	$78.64	$83.36
79/80	84/85	Oct 30	$0.36	$0.64	49%	0.56	$79.64	$84.36
79/80	83/84	Oct 7	$0.25	$0.75	59%	0.33	$79.75	$83.25
79/80	83/84	Oct 30	$0.45	$0.55	39%	0.82	$79.55	$83.45

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 89 found (best R:R 3.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Sep 30	$0.25	$0.75	51%	3.00
$81.00	$81.50	$82.00	Sep 23	$0.15	$0.35	62%	2.33
$79.00	$80.00	$81.00	Oct 30	$0.11	$0.89	29%	8.09
$78.00	$79.00	$80.00	Oct 30	$0.07	$0.93	22%	13.29
$78.00	$79.00	$80.00	Oct 16	$0.07	$0.93	21%	13.29

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Sep 30	$0.26	$0.74	51%	2.85
$79.00	$80.00	$81.00	Oct 7	$0.15	$0.85	33%	5.67
$81.00	$81.50	$82.00	Sep 23	$0.18	$0.32	62%	1.78
$80.00	$81.00	$82.00	Oct 7	$0.23	$0.77	42%	3.35
$79.00	$80.00	$81.00	Oct 30	$0.11	$0.89	25%	8.09

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 $-1.65, 115 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Oct 30	-$1.65	$3.35
$70.00	$75.00	1:2	Sep 30	-$1.67	$3.33
$70.00	$75.00	1:2	Sep 25	-$1.66	$3.34
$80.00	$81.00	1:2	Sep 30	-$0.10	$0.90
$73.00	$76.00	1:2	Sep 28	-$2.63	$0.37

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$87.00	$85.00	1:2	Sep 30	-$1.43	$0.57
$82.00	$81.00	1:2	Oct 7	$0.00	$1.00
$84.00	$83.00	1:2	Sep 30	-$0.53	$0.47
$82.50	$82.00	1:2	Sep 25	-$0.18	$0.32
$82.00	$81.50	1:2	Sep 28	-$0.08	$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 50 found (best yield 1.18%, avg 0.30%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$0.96	0.42	0.5%	1.18%	1.69%	166	3.8K
$83.00	Oct 30	$0.57	0.30	1.7%	0.70%	2.44%	2.0K	2.7K
$82.00	Oct 23	$0.79	0.41	0.5%	0.97%	1.48%	13	3.8K
$82.50	Oct 23	$0.60	0.34	1.1%	0.74%	1.86%	58	2.6K
$83.00	Oct 23	$0.44	0.27	1.7%	0.54%	2.28%	19	26.6K
$82.00	Oct 16	$0.65	0.40	0.5%	0.80%	1.31%	952	96.6K
$84.00	Oct 30	$0.33	0.20	3.0%	0.40%	3.37%	73	4.8K
$82.50	Oct 16	$0.47	0.31	1.1%	0.58%	1.70%	41	147
$83.50	Oct 23	$0.32	0.21	2.4%	0.39%	2.75%	111	1.5K
$83.00	Oct 16	$0.33	0.24	1.7%	0.40%	2.15%	4.8K	205.9K

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 49,314

Total Puts 45,866

Put/Call Ratio 0.93

Net Difference 3,448

Prior's Put/Call Breakdown

Total Calls 107,880

Total Puts 165,806

Put/Call Ratio 1.54

Net Difference -57,926

Prior 7-Day Put/Call Summary

Total Calls 2,654,266

Total Puts 1,301,398

Average Put/Call Ratio 0.50

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

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📈 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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