TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.36 +1.40%

(10/22 11:00) ◀

Thursday, October 22, 2026 (12:00pm)

▶ (10/22 13:00)

◀ 10/22 12:00 ▶

Option Volume

Detail

ℹ

Current (10/22 12:00pm) 375,977

Calls: 280,749 (75%)

Puts: 95,228 (25%)

Prior (10/21) 124,100

Calls: 68,018 (55%)

Puts: 56,082 (45%)

Current vs Prior +202.96%

Calls: +312.76% (Calls)

Puts: +69.80% (Puts)

Prior 7-Day Total 3,221,414

Calls: 2,093,493 (65%)

Puts: 1,127,921 (35%)

Prior 7-Day Average 460,202

Calls: 299,070 (65%)

Puts: 161,131 (35%)

Current vs Prior 7-Day Avg -18.30%

Calls: -6.13%

Puts: -40.90%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/22 12:00pm) $23.58M

Calls: $20.00M (85%)

Puts: $3.59M (15%)

Prior (10/21) $6.89M

Calls: $5.15M (75%)

Puts: $1.73M (25%)

Current vs Prior +242.33%

Calls: +287.89%

Puts: +106.86%

Prior 7-Day Total $177.65M

Calls: $120.84M (68%)

Puts: $56.81M (32%)

Prior 7-Day Average $25.38M

Calls: $17.26M (68%)

Puts: $8.12M (32%)

Current vs Prior 7-Day Avg -7.08%

Calls: +15.83%

Puts: -55.81%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/22 12:00pm) 0.34

Prior (10/21) 0.82

Current vs Prior -58.86%

Prior 7-Day Average 0.64

Current vs Prior 7-Day Avg -46.97%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/22 12:00pm) 3,311,442

Calls: 2,108,704 (64%)

Puts: 1,202,738 (36%)

Prior (10/21) 3,377,688

Calls: 2,161,595 (64%)

Puts: 1,216,093 (36%)

Current vs Prior -1.96%

Prior 7-Day Total 26,041,623

Calls: 17,005,980 (65%)

Puts: 9,035,643 (35%)

Prior 7-Day Average 3,720,231

Calls: 2,429,425 (65%)

Puts: 1,290,806 (35%)

Current vs Prior 7-Day Avg -10.99%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (10/23) | Next (10/26)Expiry (10/23) | Next (10/30)Expiry (11/20) | Next (12/18)

Current 1.11% | 1.36%1.11% | 2.40%3.49% | 5.20%

Prior 1.16% | 1.32%1.16% | 2.28%0.67% | 3.34%

Current vs Prior -4.56% | +3.28%-4.56% | +5.09%+418.68% | +55.66%

Prior 7-Day Avg 1.15% | 1.44%1.35% | 2.21%1.12% | 3.90%

Current vs 7-Day Avg -3.92% | -5.13%-18.30% | +8.31%+210.81% | +33.43%

Prior 7-Day Eod 1.16% | 1.32%1.16% | 2.29%0.66% | 3.33%

Current vs 7-Day Eod -4.56% | +3.28%-4.56% | +4.52%+428.49% | +56.25%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 6.02% | 6.02%

Calls: 9.26% | 7.69%

Puts: 2.78% | 4.35%

Prior 7.57% | 4.69%

Calls: 6.25% | 5.45%

Puts: 8.89% | 3.92%

Current vs Prior -20.48% | +28.36%

Prior 7-Day Avg 5.10% | 3.21%

Calls: 4.11% | 2.81%

Puts: 6.09% | 3.62%

Current vs 7-Day Avg +18.07% | +87.46%

Liquidity Pricy

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🤖 AI Insights

Strong bullish conviction with 85% of dollar volume in calls ($20.00M) vs puts ($3.59M). Massive premium surge with dollar volume up 242% vs prior. Unusually high activity with volume up 203% vs prior - elevated interest. Extreme bullish P/C ratio of 0.34 - heavy call buying (280,749 calls vs 95,228 puts).

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 BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
12:00	BULLISH	BULLISH	BULLISH
11:00	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 390 of results (avg 3.8%, best 0.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Nov 20	1.19	1.20	$1.19	0.8%	1.4K	0.46	1.4K
$83.00	Nov 27	0.77	0.78	$0.78	1.3%	149	0.32	1.1K
$66.00	Oct 30	15.35	15.55	$15.45	1.3%	--	1.00	50
$66.00	Oct 23	15.30	15.50	$15.40	1.3%	13	1.00	2
$70.00	Oct 30	11.40	11.55	$11.48	1.3%	49	1.00	325

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Nov 2	0.65	0.66	$0.66	1.5%	257	0.46	36
$80.50	Dec 4	1.22	1.24	$1.23	1.6%	48	0.45	--
$81.50	Nov 6	1.13	1.15	$1.14	1.8%	177	0.55	686
$78.50	Dec 4	0.57	0.58	$0.57	1.8%	10	0.25	--
$82.00	Nov 20	1.68	1.71	$1.69	1.8%	586	0.60	48.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 194 found (avg $0.34, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 23	0.10	0.11	$0.11	9.1%	17.9K	0.23	20.4K
$81.50	Oct 23	0.24	0.26	$0.25	8.0%	19.5K	0.44	6.5K
$82.50	Oct 26	0.10	0.11	$0.11	9.1%	10.8K	0.17	729
$83.00	Oct 26	0.06	0.07	$0.07	14.3%	117	0.11	3.4K
$82.00	Oct 26	0.19	0.21	$0.20	10.0%	10.6K	0.29	9.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.50	Oct 23	0.05	0.06	$0.06	16.7%	8.4K	0.13	2.8K
$81.00	Oct 23	0.13	0.14	$0.14	7.1%	17.4K	0.29	2.3K
$80.50	Oct 26	0.10	0.12	$0.11	18.2%	1.1K	0.19	243
$80.00	Oct 26	0.05	0.06	$0.06	16.7%	128	0.10	1.8K
$81.50	Oct 23	0.35	0.36	$0.36	2.8%	2.4K	0.56	114

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 242 found (avg delta 0.87, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.50	Oct 26	3.85	4.05	$3.95	5.1%	5	1.00	103
$78.00	Oct 26	3.35	3.55	$3.45	5.8%	11	1.00	538
$78.50	Oct 26	2.88	3.05	$2.97	5.7%	7	1.00	213
$71.00	Oct 28	10.35	10.55	$10.45	1.9%	--	1.00	10
$74.00	Oct 28	7.35	7.55	$7.45	2.7%	--	1.00	150

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$87.00	Oct 30	5.50	5.65	$5.58	2.7%	6	1.00	20
$95.00	Nov 20	13.70	13.95	$13.83	1.8%	--	0.99	14
$91.00	Nov 6	9.75	9.95	$9.85	2.0%	--	0.98	28
$90.00	Nov 6	8.75	8.95	$8.85	2.3%	--	0.98	29
$92.00	Nov 20	10.70	10.95	$10.83	2.3%	1	0.98	84

Most actively traded options today. High liquidity = easy entry/exit. 456 active (total vol 372.8K, top 22.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 30	0.45	0.47	$0.46	4.3%	22.5K	0.38	44.8K
$81.50	Oct 23	0.24	0.26	$0.25	8.0%	19.5K	0.44	6.5K
$82.00	Oct 23	0.10	0.11	$0.11	9.1%	17.9K	0.23	20.4K
$83.00	Nov 20	0.66	0.67	$0.67	1.5%	12.2K	0.30	81.9K
$82.50	Oct 26	0.10	0.11	$0.11	9.1%	10.8K	0.17	729

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 23	0.13	0.14	$0.14	7.1%	17.4K	0.29	2.3K
$79.00	Nov 20	0.46	0.47	$0.47	2.1%	10.2K	0.25	45.0K
$80.50	Oct 23	0.05	0.06	$0.06	16.7%	8.4K	0.13	2.8K
$77.00	Nov 20	0.18	0.19	$0.19	5.3%	6.5K	0.11	99.5K
$80.00	Oct 23	0.02	0.03	$0.03	33.3%	5.3K	0.06	9.1K

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 15.5%, max 27.6%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Oct 23	Dec 4	15.7%	12.3%	27.6%	8.4K	20.8K
$82.00	Oct 23	Dec 4	17.4%	15.4%	13.0%	17.9K	20.4K
$81.50	Oct 23	Dec 4	16.4%	15.5%	5.8%	19.8K	6.5K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Oct 23	Dec 4	15.7%	12.3%	27.6%	17.4K	2.3K
$82.00	Oct 23	Dec 4	17.4%	15.4%	13.0%	254	41
$81.50	Oct 23	Dec 4	16.4%	15.5%	5.8%	2.4K	114

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 120 found (best R:R 8.09, avg 2.11)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$85.00	$86.00	Nov 30	$0.11	$0.89	$0.11	18%	8.09	$85.11
$84.00	$85.00	Nov 27	$0.16	$0.84	$0.16	24%	5.25	$84.16
$83.00	$83.50	Nov 13	$0.10	$0.40	$0.10	28%	4.00	$83.10
$83.00	$84.00	Nov 30	$0.24	$0.76	$0.24	32%	3.17	$83.24
$82.50	$83.00	Nov 20	$0.14	$0.36	$0.14	35%	2.57	$82.64

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$80.50	$80.00	Nov 27	$0.18	$0.32	$0.18	42%	1.78	$80.32
$80.00	$79.50	Dec 4	$0.17	$0.33	$0.17	40%	1.94	$79.83
$78.00	$77.00	Dec 4	$0.15	$0.85	$0.15	21%	5.67	$77.85
$79.50	$79.00	Nov 20	$0.12	$0.38	$0.12	30%	3.17	$79.38
$80.50	$80.00	Nov 20	$0.18	$0.32	$0.18	42%	1.78	$80.32

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 75 found (best R:R 0.79, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$82.00	Nov 2	$0.20	$0.20	$0.30	55%	0.67	$81.70
$82.50	$83.00	Dec 4	$0.17	$0.17	$0.33	64%	0.52	$82.67
$81.50	$82.00	Nov 27	$0.22	$0.22	$0.28	53%	0.79	$81.72
$81.50	$82.00	Nov 13	$0.21	$0.21	$0.29	54%	0.72	$81.71
$82.00	$82.50	Dec 4	$0.19	$0.19	$0.31	59%	0.61	$82.19

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.50	Nov 2	$0.22	$0.22	$0.28	54%	0.79	$80.78
$81.00	$80.00	Oct 30	$0.27	$0.27	$0.73	60%	0.37	$80.73
$81.00	$80.50	Oct 26	$0.13	$0.13	$0.37	65%	0.35	$80.87
$81.00	$80.50	Oct 28	$0.16	$0.16	$0.34	61%	0.47	$80.84
$80.50	$80.00	Nov 6	$0.18	$0.18	$0.32	61%	0.56	$80.32

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.11, cheapest $0.10)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Oct 23	Oct 26	$0.12	16.4%	12.4%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Oct 23	Oct 26	$0.10	16.4%	12.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 192 found (cheapest 0.75% of stock, avg 4.72%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Oct 23	$0.25	$0.36	$0.61	$80.89	$82.11	0.75%
$81.00	Oct 23	$0.54	$0.14	$0.68	$80.32	$81.68	0.84%
$82.00	Oct 23	$0.11	$0.70	$0.81	$81.19	$82.81	1.00%
$81.50	Oct 26	$0.37	$0.46	$0.83	$80.67	$82.33	1.02%
$81.00	Oct 26	$0.65	$0.24	$0.89	$80.11	$81.89	1.09%
$82.00	Oct 26	$0.20	$0.79	$0.99	$81.01	$82.99	1.22%
$80.50	Oct 23	$0.98	$0.06	$1.04	$79.46	$81.54	1.28%
$81.50	Oct 28	$0.52	$0.60	$1.12	$80.38	$82.62	1.38%
$80.50	Oct 26	$1.04	$0.11	$1.15	$79.35	$81.65	1.41%
$81.00	Oct 28	$0.79	$0.37	$1.16	$79.84	$82.16	1.43%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 266 found (cheapest 0.09% of stock, avg 1.34%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$83.50	$79.50	Oct 26	$0.04	$0.03	$0.07	$79.43	$83.57
$82.50	$80.00	Oct 23	$0.05	$0.03	$0.08	$79.92	$82.58
$83.50	$80.00	Oct 26	$0.04	$0.06	$0.10	$79.90	$83.60
$83.00	$79.50	Oct 26	$0.07	$0.03	$0.10	$79.40	$83.10
$82.50	$80.50	Oct 23	$0.05	$0.06	$0.11	$80.39	$82.61
$83.00	$80.00	Oct 26	$0.07	$0.06	$0.13	$79.87	$83.13
$83.50	$79.00	Oct 28	$0.09	$0.04	$0.13	$78.87	$83.63
$85.00	$79.00	Oct 30	$0.06	$0.09	$0.15	$78.85	$85.15
$82.50	$79.50	Oct 26	$0.11	$0.03	$0.14	$79.36	$82.64
$83.50	$79.50	Oct 28	$0.09	$0.07	$0.16	$79.34	$83.66

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 31 found (best R:R 1.17, avg credit $0.28)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
78/79	83/84	Dec 4	$0.27	$0.23	38%	1.17	$78.73	$83.27
79/80	83/84	Dec 4	$0.29	$0.21	34%	1.38	$79.21	$83.29
80/80	82/83	Nov 13	$0.29	$0.21	32%	1.38	$79.71	$82.79
78/79	84/84	Dec 4	$0.24	$0.26	42%	0.92	$78.76	$83.74
79/80	84/84	Dec 4	$0.26	$0.24	38%	1.08	$79.24	$83.76
80/80	82/83	Nov 4	$0.24	$0.26	41%	0.92	$79.76	$82.74
79/80	82/83	Nov 13	$0.25	$0.25	39%	1.00	$79.25	$82.75
79/80	84/84	Nov 20	$0.22	$0.28	45%	0.79	$79.28	$83.72
79/80	83/84	Nov 20	$0.24	$0.26	40%	0.92	$79.26	$83.24
80/80	82/83	Nov 6	$0.25	$0.25	38%	1.00	$79.75	$82.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 found (best R:R 3.76, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Oct 30	$0.24	$0.76	42%	3.17
$82.00	$83.00	$84.00	Oct 30	$0.13	$0.87	27%	6.69
$79.00	$80.00	$81.00	Nov 30	$0.12	$0.88	25%	7.33
$81.50	$82.00	$82.50	Oct 23	$0.08	$0.42	34%	5.25
$83.00	$84.00	$85.00	Oct 30	$0.06	$0.94	14%	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$82.00	$83.00	Oct 30	$0.21	$0.79	40%	3.76
$81.00	$81.50	$82.00	Oct 23	$0.12	$0.38	48%	3.17
$81.50	$82.00	$82.50	Oct 26	$0.06	$0.44	29%	7.33
$79.00	$80.00	$81.00	Oct 30	$0.16	$0.84	30%	5.25
$80.00	$80.50	$81.00	Oct 23	$0.05	$0.45	23%	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. 168 found (best net $-0.12, 162 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$75.50	$78.50	1:2	Nov 4	-$0.12	$2.88
$78.50	$80.00	1:2	Nov 4	-$0.36	$1.14
$67.00	$72.00	1:2	Nov 30	-$4.48	$0.52
$80.00	$81.00	1:2	Oct 30	-$0.22	$0.78
$80.50	$81.00	1:2	Oct 23	-$0.10	$0.40

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$87.00	$84.00	1:2	Nov 30	-$0.54	$2.46
$85.00	$83.00	1:2	Nov 27	-$0.80	$1.20
$83.00	$82.00	1:2	Oct 30	-$0.26	$0.74
$82.00	$81.50	1:2	Oct 26	-$0.13	$0.37
$83.00	$82.00	1:2	Nov 4	-$0.64	$0.36

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 88 found (best yield 1.73%, avg 0.53%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$81.50	Dec 4	$1.41	0.46	0.2%	1.73%	1.91%	216	--
$82.00	Dec 4	$1.19	0.41	0.8%	1.46%	2.25%	16	--
$82.00	Nov 30	$1.14	0.42	0.8%	1.40%	2.19%	3.0K	6.6K
$82.50	Dec 4	$1.00	0.36	1.4%	1.23%	2.63%	54	--
$81.50	Nov 27	$1.32	0.47	0.2%	1.62%	1.79%	87	635
$83.00	Dec 4	$0.84	0.32	2.0%	1.03%	3.05%	88	--
$82.00	Nov 27	$1.10	0.41	0.8%	1.35%	2.14%	636	831
$82.50	Nov 27	$0.92	0.36	1.4%	1.13%	2.53%	57	554
$83.00	Nov 30	$0.79	0.32	2.0%	0.97%	2.99%	5.2K	90.7K
$83.50	Dec 4	$0.70	0.28	2.6%	0.86%	3.49%	8	--

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 280,749

Total Puts 95,228

Put/Call Ratio 0.34

Net Difference 185,521

Prior's Put/Call Breakdown

Total Calls 68,018

Total Puts 56,082

Put/Call Ratio 0.82

Net Difference 11,936

Prior 7-Day Put/Call Summary

Total Calls 2,093,493

Total Puts 1,127,921

Average Put/Call Ratio 0.64

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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