TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.59 -0.26%

(9/22 12:00) ◀

Tuesday, September 22, 2026 (1:00pm)

▶ (9/22 14:01)

◀ 9/22 13:00 ▶

Option Volume

Detail

ℹ

Current (09/22 1:00pm) 119,889

Calls: 65,745 (55%)

Puts: 54,144 (45%)

Prior (09/18) 305,355

Calls: 128,259 (42%)

Puts: 177,096 (58%)

Current vs Prior -60.74%

Calls: -48.74% (Calls)

Puts: -69.43% (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 -78.78%

Calls: -82.66%

Puts: -70.88%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 1:00pm) $5.30M

Calls: $3.31M (63%)

Puts: $1.98M (37%)

Prior (09/18) $11.87M

Calls: $4.91M (41%)

Puts: $6.96M (59%)

Current vs Prior -55.37%

Calls: -32.46%

Puts: -71.52%

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 -86.60%

Calls: -85.85%

Puts: -87.69%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 1:00pm) 0.82

Prior (09/18) 1.38

Current vs Prior -40.36%

Prior 7-Day Average 0.50

Current vs Prior 7-Day Avg +65.49%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (09/22 1:00pm) 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 0.92% | 1.23%1.23% | 1.95%2.55% | 4.34%

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

Current vs Prior -11.52% | -7.15%-7.15% | -2.77%+309.00% | +65.12%

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

Current vs 7-Day Avg -13.84% | -9.95%+7.93% | +4.93%+170.02% | +30.31%

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

Current vs 7-Day Eod -11.52% | -7.15%-7.17% | -2.80%+308.87% | +64.31%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 6.83% | 4.96%

Calls: 7.41% | 4.65%

Puts: 6.25% | 5.26%

Prior 3.44% | 1.88%

Calls: 4.17% | 1.64%

Puts: 2.70% | 2.13%

Current vs Prior +98.55% | +163.83%

Prior 7-Day Avg 5.11% | 2.86%

Calls: 4.32% | 2.47%

Puts: 5.89% | 3.24%

Current vs 7-Day Avg +33.73% | +73.43%

Liquidity Acceptable

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🤖 AI Insights

Moderately bullish flow with 63% call dollar volume ($3.31M). Light premium activity with dollar volume down 55% vs prior. Below-average activity with volume down 61% vs prior. P/C ratio dropping 40% - 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 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
13:00	BULLISH	BULLISH	BULLISH
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 279 of results (avg 3.4%, best 0.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 25	11.60	11.70	$11.65	0.9%	--	1.00	26
$70.00	Sep 23	11.55	11.65	$11.60	0.9%	108	1.00	--
$71.00	Oct 2	10.60	10.70	$10.65	0.9%	--	1.00	162
$82.00	Oct 30	0.96	0.97	$0.97	1.0%	191	0.42	3.8K
$72.00	Sep 28	9.60	9.70	$9.65	1.0%	3	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$97.00	Oct 16	15.55	15.70	$15.63	1.0%	--	0.99	121
$95.00	Oct 2	13.55	13.70	$13.63	1.1%	--	0.99	10
$96.00	Oct 16	14.55	14.75	$14.65	1.4%	--	0.99	86
$92.00	Oct 9	10.55	10.70	$10.63	1.4%	--	0.99	46
$92.00	Oct 16	10.55	10.70	$10.63	1.4%	1	0.99	484

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 134 found (avg $0.34, 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	0.26	0.28	$0.27	7.4%	1.4K	0.56	3.5K
$82.50	Sep 25	0.08	0.09	$0.09	11.1%	574	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	0.20	0.21	$0.21	4.8%	1.7K	0.34	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%	3.6K	0.44	3.1K
$80.50	Sep 25	0.05	0.06	$0.06	16.7%	338	0.12	5.6K
$81.00	Sep 25	0.13	0.14	$0.14	7.1%	1.3K	0.25	41.0K
$80.50	Sep 28	0.07	0.08	$0.08	12.5%	405	0.14	1.2K
$82.00	Sep 23	0.46	0.49	$0.48	6.2%	306	0.77	2.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 201 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$68.00	Sep 23	13.50	13.65	$13.58	1.1%	13	1.00	18
$69.00	Sep 23	12.50	12.65	$12.58	1.2%	113	1.00	18
$70.00	Sep 23	11.55	11.65	$11.60	0.9%	108	1.00	--
$71.00	Sep 23	10.50	10.65	$10.58	1.4%	8	1.00	--
$72.00	Sep 23	9.55	9.65	$9.60	1.0%	131	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.00	Sep 25	4.35	4.45	$4.40	2.3%	1	1.00	--
$95.00	Oct 2	13.55	13.70	$13.63	1.1%	--	0.99	10
$87.00	Sep 23	5.35	5.45	$5.40	1.9%	6	0.99	2
$87.00	Sep 30	5.35	5.45	$5.40	1.9%	--	0.99	22
$91.00	Oct 2	9.55	9.75	$9.65	2.1%	--	0.99	13

Most actively traded options today. High liquidity = easy entry/exit. 327 active (total vol 119.6K, top 9.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 16	0.33	0.34	$0.34	2.9%	9.9K	0.24	205.9K
$83.00	Sep 30	0.10	0.11	$0.11	9.1%	5.4K	0.15	35.4K
$82.00	Sep 23	0.07	0.08	$0.08	12.5%	5.3K	0.23	9.7K
$81.00	Oct 16	1.16	1.19	$1.17	2.6%	5.1K	0.59	30.0K
$86.50	Oct 9	0.02	0.03	$0.03	33.3%	2.4K	0.03	10.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 30	0.24	0.25	$0.25	4.0%	8.6K	0.31	13.1K
$80.00	Oct 5	0.16	0.18	$0.17	11.8%	6.3K	0.19	--
$81.00	Oct 16	0.68	0.69	$0.69	1.4%	4.5K	0.44	57.2K
$82.00	Sep 25	0.56	0.59	$0.57	5.3%	4.0K	0.67	3.8K
$81.50	Sep 23	0.17	0.18	$0.18	5.6%	3.6K	0.44	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. 6 strikes (avg 19.7%, max 31.0%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Sep 23	Oct 30	12.6%	9.6%	31.0%	38	3.8K
$81.50	Sep 23	Oct 23	11.8%	9.3%	28.0%	1.5K	7.4K
$82.00	Sep 23	Oct 30	12.3%	12.3%	0.0%	5.5K	13.5K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Sep 23	Oct 30	12.6%	9.6%	31.0%	253	12.3K
$81.50	Sep 23	Oct 23	11.8%	9.3%	28.0%	3.7K	3.9K
$82.00	Sep 23	Oct 30	12.3%	12.3%	0.0%	394	6.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 74 found (best R:R 2.03, avg 1.97)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$81.50	Sep 28	$0.33	$0.17	$0.33	73%	0.52	$81.33
$82.50	$83.00	Oct 9	$0.11	$0.39	$0.11	28%	3.55	$82.61
$84.00	$85.00	Oct 30	$0.14	$0.86	$0.14	20%	6.14	$84.14
$80.50	$81.00	Oct 23	$0.32	$0.18	$0.32	67%	0.56	$80.82
$81.50	$82.00	Sep 28	$0.22	$0.28	$0.22	54%	1.27	$81.72

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
$81.50	$81.00	Oct 16	$0.22	$0.28	$0.22	53%	1.27	$81.28
$82.00	$81.50	Sep 23	$0.30	$0.20	$0.30	77%	0.67	$81.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 43 found (best R:R 0.64, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Oct 30	$0.39	$0.39	$0.61	58%	0.64	$82.39
$82.00	$83.00	Oct 7	$0.27	$0.27	$0.73	64%	0.37	$82.27
$82.00	$83.00	Sep 30	$0.24	$0.24	$0.76	62%	0.32	$82.24
$82.00	$82.50	Oct 5	$0.16	$0.16	$0.34	64%	0.47	$82.16
$82.00	$82.50	Oct 16	$0.19	$0.19	$0.31	60%	0.61	$82.19

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	69%	0.22	$80.82
$81.50	$81.00	Sep 23	$0.13	$0.13	$0.37	56%	0.35	$81.37
$80.00	$79.00	Oct 7	$0.13	$0.13	$0.87	78%	0.15	$79.87
$80.50	$80.00	Oct 2	$0.11	$0.11	$0.39	73%	0.28	$80.39
$80.50	$80.00	Oct 5	$0.12	$0.12	$0.38	71%	0.32	$80.38

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	$0.16	11.8%	11.5%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Sep 23	Sep 25	$0.12	11.8%	11.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 168 found (cheapest 0.55% of stock, avg 4.07%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Sep 23	$0.27	$0.18	$0.45	$81.05	$81.95	0.55%
$82.00	Sep 23	$0.08	$0.48	$0.56	$81.44	$82.56	0.69%
$81.00	Sep 23	$0.65	$0.05	$0.70	$80.30	$81.70	0.86%
$81.50	Sep 25	$0.43	$0.30	$0.73	$80.77	$82.23	0.89%
$82.00	Sep 25	$0.21	$0.57	$0.78	$81.22	$82.78	0.96%
$81.50	Sep 28	$0.48	$0.34	$0.82	$80.68	$82.32	1.01%
$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	$0.91	$0.93	$81.57	$83.43	1.14%
$81.00	Sep 28	$0.81	$0.17	$0.98	$80.02	$81.98	1.20%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 199 found (cheapest 0.05% of stock, avg 0.80%)

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
$84.00	$80.00	Sep 30	$0.04	$0.07	$0.11	$79.89	$84.11
$83.50	$80.50	Sep 28	$0.03	$0.08	$0.11	$80.39	$83.61
$82.00	$80.50	Sep 23	$0.08	$0.02	$0.10	$80.40	$82.10
$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. 11 found (best R:R 1.00, avg credit $0.28)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	82/83	Oct 16	$0.25	$0.25	41%	1.00	$79.75	$82.75
80/80	83/84	Oct 16	$0.21	$0.29	49%	0.72	$79.79	$83.21
80/80	83/84	Oct 23	$0.23	$0.27	44%	0.85	$79.77	$83.23
80/80	82/83	Oct 23	$0.26	$0.24	37%	1.08	$79.74	$82.76
80/80	82/83	Oct 9	$0.24	$0.26	40%	0.92	$80.26	$82.74
80/80	82/83	Oct 16	$0.27	$0.23	34%	1.17	$80.23	$82.77
80/80	83/84	Oct 16	$0.23	$0.27	41%	0.85	$80.27	$83.23
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

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 91 found (best R:R 2.85, cheapest $0.05)

CALLS (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 30	$0.10	$0.90	29%	9.00
$78.00	$79.00	$80.00	Oct 30	$0.07	$0.93	22%	13.29
$81.00	$82.00	$83.00	Sep 30	$0.32	$0.68	54%	2.12
$81.50	$82.00	$82.50	Sep 23	$0.13	$0.37	50%	2.85

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
$81.00	$81.50	$82.00	Sep 23	$0.17	$0.33	62%	1.94
$79.00	$80.00	$81.00	Oct 7	$0.16	$0.84	33%	5.25
$81.50	$82.00	$82.50	Sep 23	$0.13	$0.37	50%	2.85
$81.00	$82.00	$83.00	Sep 30	$0.33	$0.67	54%	2.03

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 130 found (best net $-1.61, 114 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 25	-$1.61	$3.39
$70.00	$75.00	1:2	Sep 30	-$1.71	$3.29
$70.00	$75.00	1:2	Oct 30	-$1.75	$3.25
$80.00	$81.00	1:2	Sep 30	-$0.09	$0.91
$73.00	$76.00	1:2	Sep 28	-$2.65	$0.35

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$87.00	$85.00	1:2	Sep 30	-$1.40	$0.60
$84.00	$83.00	1:2	Sep 30	-$0.52	$0.48
$82.50	$82.00	1:2	Sep 25	-$0.18	$0.32
$82.00	$81.50	1:2	Sep 28	-$0.06	$0.44
$81.00	$80.00	1:2	Oct 30	-$0.22	$0.78

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 48 found (best yield 1.18%, avg 0.31%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$0.96	0.42	0.5%	1.18%	1.68%	191	3.8K
$83.00	Oct 30	$0.57	0.30	1.7%	0.70%	2.43%	2.0K	2.7K
$82.00	Oct 23	$0.79	0.41	0.5%	0.97%	1.47%	13	3.8K
$82.50	Oct 23	$0.59	0.34	1.1%	0.72%	1.84%	68	2.6K
$82.00	Oct 16	$0.66	0.40	0.5%	0.81%	1.31%	2.1K	96.6K
$83.00	Oct 23	$0.44	0.27	1.7%	0.54%	2.27%	19	26.6K
$84.00	Oct 30	$0.34	0.20	3.0%	0.42%	3.37%	90	4.8K
$82.50	Oct 16	$0.47	0.32	1.1%	0.58%	1.69%	77	147
$83.50	Oct 23	$0.32	0.21	2.3%	0.39%	2.73%	113	1.5K
$83.00	Oct 16	$0.33	0.24	1.7%	0.40%	2.13%	9.9K	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 65,745

Total Puts 54,144

Put/Call Ratio 0.82

Net Difference 11,601

Prior's Put/Call Breakdown

Total Calls 128,259

Total Puts 177,096

Put/Call Ratio 1.38

Net Difference -48,837

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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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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