TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.66 -0.17%

(9/22 14:01) ◀

Tuesday, September 22, 2026 (3:00pm)

▶ (9/22 15:17)

◀ 9/22 15:00 ▶

Option Volume

Detail

ℹ

Current (09/22 3:00pm) 192,302

Calls: 125,961 (66%)

Puts: 66,341 (34%)

Prior (09/18) 379,137

Calls: 184,700 (49%)

Puts: 194,437 (51%)

Current vs Prior -49.28%

Calls: -31.80% (Calls)

Puts: -65.88% (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 -65.97%

Calls: -66.78%

Puts: -64.32%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 3:00pm) $7.63M

Calls: $5.19M (68%)

Puts: $2.44M (32%)

Prior (09/18) $15.00M

Calls: $7.71M (51%)

Puts: $7.28M (49%)

Current vs Prior -49.09%

Calls: -32.67%

Puts: -66.48%

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 -80.69%

Calls: -77.82%

Puts: -84.85%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 3:00pm) 0.53

Prior (09/18) 1.05

Current vs Prior -49.97%

Prior 7-Day Average 0.50

Current vs Prior 7-Day Avg +5.85%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/22 3:00pm) 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 0.91% | 1.22%1.22% | 1.91%2.56% | 4.35%

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

Current vs Prior -12.77% | -7.23%-7.23% | -4.69%+310.62% | +65.44%

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

Current vs 7-Day Avg -15.06% | -10.02%+7.84% | +2.86%+171.09% | +30.57%

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

Current vs 7-Day Eod -12.77% | -7.23%-7.25% | -4.71%+310.49% | +64.63%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 3.94% | 4.01%

Calls: 3.13% | 4.26%

Puts: 4.76% | 3.77%

Prior 3.44% | 1.88%

Calls: 4.17% | 1.64%

Puts: 2.70% | 2.13%

Current vs Prior +14.53% | +113.30%

Prior 7-Day Avg 5.11% | 2.86%

Calls: 4.32% | 2.47%

Puts: 5.89% | 3.24%

Current vs 7-Day Avg -22.85% | +40.21%

Liquidity Acceptable

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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($5.19M). Below-average activity with volume down 49% vs prior. Bullish P/C ratio of 0.53. P/C ratio dropping 50% - 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 NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

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	BULLISH	BULLISH
14:00	BULLISH	BULLISH	BULLISH
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 285 of results (avg 3.0%, best 0.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 23	1.37	1.38	$1.38	0.7%	60	0.59	1.2K
$68.00	Sep 23	13.60	13.70	$13.65	0.7%	13	1.00	18
$69.00	Sep 23	12.60	12.70	$12.65	0.8%	113	1.00	18
$70.00	Sep 30	11.65	11.75	$11.70	0.9%	--	1.00	185
$70.00	Oct 2	11.65	11.75	$11.70	0.9%	2	1.00	191

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Oct 23	1.54	1.55	$1.55	0.6%	15	0.65	1.0K
$82.00	Oct 23	1.23	1.24	$1.23	0.8%	43	0.58	916
$82.00	Oct 16	1.14	1.15	$1.15	0.9%	1.4K	0.60	37.0K
$82.00	Oct 9	1.03	1.04	$1.04	1.0%	75	0.62	1.4K
$97.00	Oct 16	15.50	15.65	$15.58	1.0%	--	0.99	121

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 133 found (avg $0.35, cheapest $0.09)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Sep 23	0.08	0.09	$0.09	11.1%	6.0K	0.26	9.7K
$81.50	Sep 23	0.31	0.32	$0.32	3.1%	1.9K	0.61	3.5K
$83.00	Sep 28	0.06	0.07	$0.07	14.3%	71	0.12	1.3K
$82.50	Sep 25	0.10	0.11	$0.11	9.1%	924	0.19	11.3K
$82.50	Sep 28	0.13	0.14	$0.14	7.1%	89	0.22	2.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Sep 23	0.14	0.15	$0.15	6.7%	4.3K	0.39	3.1K
$81.00	Sep 25	0.12	0.13	$0.13	7.7%	1.4K	0.23	41.0K
$82.00	Sep 23	0.41	0.43	$0.42	4.8%	993	0.74	2.4K
$80.50	Sep 28	0.07	0.08	$0.08	12.5%	469	0.14	1.2K
$81.00	Sep 28	0.15	0.16	$0.16	6.3%	152	0.26	2.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 205 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$70.00	Sep 30	11.65	11.75	$11.70	0.9%	--	1.00	185
$75.00	Sep 30	6.65	6.75	$6.70	1.5%	--	1.00	134
$76.00	Sep 30	5.65	5.75	$5.70	1.8%	--	1.00	110
$77.00	Sep 30	4.65	4.80	$4.72	3.2%	102	1.00	528
$78.00	Sep 30	3.65	3.80	$3.72	4.0%	--	1.00	406

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Sep 23	1.32	1.39	$1.36	5.1%	97	1.00	477
$83.50	Sep 23	1.82	1.90	$1.86	4.3%	4	1.00	--
$84.00	Sep 23	2.31	2.40	$2.36	3.8%	6	1.00	--
$87.00	Sep 23	5.30	5.40	$5.35	1.9%	6	1.00	2
$86.00	Sep 25	4.30	4.40	$4.35	2.3%	1	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 350 active (total vol 192.0K, top 22.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 16	0.36	0.37	$0.37	2.7%	22.5K	0.26	205.9K
$83.00	Sep 25	0.04	0.05	$0.05	20.0%	10.9K	0.10	18.9K
$82.00	Sep 23	0.08	0.09	$0.09	11.1%	6.0K	0.26	9.7K
$83.00	Sep 30	0.11	0.12	$0.12	8.3%	5.5K	0.15	35.4K
$82.00	Sep 30	0.37	0.38	$0.38	2.6%	5.5K	0.39	56.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Sep 30	0.22	0.23	$0.23	4.3%	9.1K	0.29	13.1K
$80.00	Oct 5	0.16	0.17	$0.17	5.9%	6.4K	0.19	--
$81.00	Oct 16	0.65	0.66	$0.66	1.5%	4.6K	0.43	57.2K
$81.50	Sep 23	0.14	0.15	$0.15	6.7%	4.3K	0.39	3.1K
$82.00	Sep 25	0.52	0.54	$0.53	3.8%	4.2K	0.64	3.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 29.4%, max 29.4%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 23	Oct 23	12.1%	9.4%	29.4%	2.3K	7.4K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Sep 23	Oct 23	12.1%	9.4%	29.4%	4.4K	3.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 74 found (best R:R 1.13, avg 2.00)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$82.00	Sep 30	$0.57	$0.43	$0.57	70%	0.75	$81.57
$84.00	$85.00	Oct 30	$0.15	$0.85	$0.15	21%	5.67	$84.15
$82.00	$82.50	Sep 25	$0.12	$0.38	$0.12	36%	3.17	$82.12
$83.00	$83.50	Oct 16	$0.11	$0.39	$0.11	26%	3.55	$83.11
$81.50	$82.00	Oct 16	$0.23	$0.27	$0.23	49%	1.17	$81.73

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.00	Oct 30	$0.47	$0.53	$0.47	57%	1.13	$81.53
$81.00	$80.00	Oct 30	$0.32	$0.68	$0.32	44%	2.13	$80.68
$80.50	$80.00	Oct 23	$0.13	$0.37	$0.13	36%	2.85	$80.37
$82.00	$81.50	Sep 23	$0.27	$0.23	$0.27	74%	0.85	$81.73
$81.50	$81.00	Oct 23	$0.22	$0.28	$0.22	52%	1.27	$81.28

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 42 found (best R:R 0.35, avg 0.43)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Sep 30	$0.26	$0.26	$0.74	61%	0.35	$82.26
$82.00	$83.00	Oct 7	$0.28	$0.28	$0.72	62%	0.39	$82.28
$82.00	$83.00	Oct 30	$0.38	$0.38	$0.62	57%	0.61	$82.38
$82.00	$82.50	Oct 2	$0.17	$0.17	$0.33	63%	0.52	$82.17
$82.00	$82.50	Oct 9	$0.18	$0.18	$0.32	61%	0.56	$82.18

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Sep 30	$0.16	$0.16	$0.84	70%	0.19	$80.84
$81.50	$81.00	Sep 23	$0.11	$0.11	$0.39	61%	0.28	$81.39
$80.00	$79.00	Oct 7	$0.12	$0.12	$0.88	79%	0.14	$79.88
$81.00	$80.00	Oct 7	$0.27	$0.27	$0.73	59%	0.37	$80.73
$81.50	$81.00	Sep 28	$0.16	$0.16	$0.34	56%	0.47	$81.34

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	12.1%	11.6%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Sep 23	Sep 25	$0.12	12.1%	11.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 170 found (cheapest 0.58% of stock, avg 4.08%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Sep 23	$0.32	$0.15	$0.47	$81.03	$81.97	0.58%
$82.00	Sep 23	$0.09	$0.42	$0.51	$81.49	$82.51	0.62%
$81.50	Sep 25	$0.47	$0.27	$0.74	$80.76	$82.24	0.91%
$81.00	Sep 23	$0.71	$0.04	$0.75	$80.25	$81.75	0.92%
$82.00	Sep 25	$0.23	$0.53	$0.76	$81.24	$82.76	0.93%
$81.50	Sep 28	$0.53	$0.32	$0.85	$80.65	$82.35	1.04%
$82.00	Sep 28	$0.28	$0.57	$0.85	$81.15	$82.85	1.04%
$82.50	Sep 23	$0.03	$0.87	$0.90	$81.60	$83.40	1.10%
$81.00	Sep 25	$0.82	$0.13	$0.95	$80.05	$81.95	1.16%
$82.50	Sep 25	$0.11	$0.92	$1.03	$81.47	$83.53	1.26%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 197 found (cheapest 0.09% of stock, avg 0.81%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$81.00	Sep 23	$0.03	$0.04	$0.07	$80.93	$82.57
$83.50	$80.00	Sep 28	$0.04	$0.04	$0.08	$79.92	$83.58
$83.50	$80.50	Sep 25	$0.03	$0.05	$0.08	$80.42	$83.58
$84.00	$79.00	Oct 2	$0.05	$0.05	$0.10	$78.90	$84.10
$83.00	$80.50	Sep 25	$0.05	$0.05	$0.10	$80.40	$83.10
$84.00	$80.00	Sep 30	$0.04	$0.07	$0.11	$79.89	$84.11
$83.00	$80.00	Sep 28	$0.07	$0.04	$0.11	$79.89	$83.11
$83.50	$80.50	Sep 28	$0.04	$0.08	$0.12	$80.38	$83.62
$84.00	$79.50	Oct 2	$0.05	$0.08	$0.13	$79.37	$84.13
$83.50	$79.00	Oct 2	$0.08	$0.05	$0.13	$78.87	$83.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 9 found (best R:R 1.38, avg credit $0.30)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
80/80	82/83	Oct 16	$0.29	$0.21	33%	1.38	$80.21	$82.79
80/80	83/84	Oct 16	$0.25	$0.25	40%	1.00	$80.25	$83.25
80/80	82/83	Oct 9	$0.25	$0.25	40%	1.00	$80.25	$82.75
80/80	82/83	Oct 5	$0.21	$0.29	46%	0.72	$80.29	$82.71
78/79	84/85	Oct 30	$0.28	$0.72	59%	0.39	$78.72	$84.28
78/79	83/84	Oct 30	$0.38	$0.62	49%	0.61	$78.62	$83.38
79/80	84/85	Oct 30	$0.36	$0.64	49%	0.56	$79.64	$84.36
79/80	83/84	Oct 30	$0.46	$0.54	39%	0.85	$79.54	$83.46
79/80	83/84	Oct 7	$0.23	$0.77	60%	0.30	$79.77	$83.23

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 88 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	50%	2.85
$81.00	$82.00	$83.00	Sep 30	$0.31	$0.69	55%	2.23
$79.00	$80.00	$81.00	Oct 30	$0.11	$0.89	28%	8.09
$81.00	$81.50	$82.00	Sep 23	$0.16	$0.34	61%	2.13
$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
$80.00	$81.00	$82.00	Sep 30	$0.26	$0.74	50%	2.85
$81.00	$81.50	$82.00	Sep 23	$0.16	$0.34	62%	2.13
$79.00	$80.00	$81.00	Sep 30	$0.11	$0.89	27%	8.09
$80.50	$81.00	$81.50	Sep 25	$0.06	$0.44	33%	7.33
$79.00	$80.00	$81.00	Oct 7	$0.15	$0.85	31%	5.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 131 found (best net $-1.70, 113 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$75.00	1:2	Sep 30	-$1.70	$3.30
$70.00	$75.00	1:2	Sep 25	-$1.68	$3.32
$70.00	$75.00	1:2	Oct 30	-$1.73	$3.27
$80.00	$81.00	1:2	Sep 30	-$0.12	$0.88
$73.00	$76.00	1:2	Oct 2	-$2.70	$0.30

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$87.00	$85.00	1:2	Sep 30	-$1.35	$0.65
$84.00	$83.00	1:2	Sep 30	-$0.46	$0.54
$82.50	$82.00	1:2	Sep 25	-$0.14	$0.36
$82.00	$81.50	1:2	Sep 28	-$0.07	$0.43
$82.50	$82.00	1:2	Sep 28	-$0.20	$0.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 49 found (best yield 1.22%, avg 0.33%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Oct 30	$1.00	0.43	0.4%	1.22%	1.64%	306	3.8K
$83.00	Oct 30	$0.61	0.31	1.6%	0.75%	2.39%	2.1K	2.7K
$82.00	Oct 23	$0.84	0.42	0.4%	1.03%	1.45%	21	3.8K
$82.50	Oct 23	$0.64	0.35	1.0%	0.78%	1.81%	90	2.6K
$83.00	Oct 23	$0.48	0.28	1.6%	0.59%	2.23%	5.0K	26.6K
$84.00	Oct 30	$0.36	0.21	2.9%	0.44%	3.31%	291	4.8K
$82.00	Oct 16	$0.70	0.41	0.4%	0.86%	1.27%	2.8K	96.6K
$82.50	Oct 16	$0.51	0.33	1.0%	0.62%	1.65%	500	147
$83.50	Oct 23	$0.35	0.23	2.2%	0.43%	2.68%	129	1.5K
$83.00	Oct 16	$0.36	0.26	1.6%	0.44%	2.08%	22.5K	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 125,961

Total Puts 66,341

Put/Call Ratio 0.53

Net Difference 59,620

Prior's Put/Call Breakdown

Total Calls 184,700

Total Puts 194,437

Put/Call Ratio 1.05

Net Difference -9,737

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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