TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.47 -0.33%

(10/22 18:59) ◀

Friday, October 23, 2026 (10:00am)

▶ (10/23 11:00)

◀ 10/23 10:00 ▶

Option Volume

Detail

ℹ

Current (10/23 10:00am) 51,523

Calls: 29,029 (56%)

Puts: 22,494 (44%)

Prior (10/21) 39,911

Calls: 24,586 (62%)

Puts: 15,325 (38%)

Current vs Prior +29.09%

Calls: +18.07% (Calls)

Puts: +46.78% (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 -88.80%

Calls: -90.29%

Puts: -86.04%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/23 10:00am) $1.94M

Calls: $1.26M (65%)

Puts: $677.7K (35%)

Prior (10/21) $2.28M

Calls: $1.87M (82%)

Puts: $409.0K (18%)

Current vs Prior -15.23%

Calls: -32.89%

Puts: +65.70%

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 -92.37%

Calls: -92.71%

Puts: -91.65%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/23 10:00am) 0.77

Prior (10/21) 0.62

Current vs Prior +24.31%

Prior 7-Day Average 0.64

Current vs Prior 7-Day Avg +21.15%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (10/23 10:00am) 3,470,218

Calls: 2,170,954 (63%)

Puts: 1,299,264 (37%)

Prior (10/21) 3,377,688

Calls: 2,161,595 (64%)

Puts: 1,216,093 (36%)

Current vs Prior +2.74%

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 -6.72%

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 0.82% | 1.17%0.82% | 2.32%3.51% | 5.20%

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

Current vs Prior -29.04% | -11.73%-29.04% | +1.72%+421.62% | +55.82%

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

Current vs 7-Day Avg -28.57% | -18.92%-39.26% | +4.84%+212.57% | +33.56%

Prior 7-Day Eod 1.16% | 1.32%1.08% | 2.45%3.57% | 5.16%

Current vs 7-Day Eod -29.04% | -11.73%-23.61% | -5.19%-1.73% | +0.81%

Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 9.88% | 7.04%

Calls: 8.00% | 8.20%

Puts: 11.76% | 5.88%

Prior 7.57% | 4.69%

Calls: 6.25% | 5.45%

Puts: 8.89% | 3.92%

Current vs Prior +30.52% | +50.11%

Prior 7-Day Avg 5.10% | 3.21%

Calls: 4.11% | 2.81%

Puts: 6.09% | 3.62%

Current vs 7-Day Avg +93.78% | +119.22%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 65% call dollar volume ($1.26M). Call-heavy open interest (2,170,954 calls vs 1,299,264 puts) suggests bullish positioning.

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 NEUTRAL

Prior BULLISH

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
16:00	BULLISH	BULLISH	BULLISH
15:00	BULLISH	BULLISH	BULLISH
14:00	BULLISH	BULLISH	BULLISH
13:00	BULLISH	BULLISH	BULLISH
12:00	BULLISH	BULLISH	BULLISH
11:00	BULLISH	BULLISH	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 218 of results (avg 5.6%, best 1.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$66.00	Oct 30	15.45	15.65	$15.55	1.3%	--	1.00	50
$67.00	Oct 30	14.45	14.70	$14.58	1.7%	--	0.99	50
$68.00	Oct 30	13.45	13.70	$13.58	1.8%	--	0.99	397
$71.00	Oct 28	10.45	10.65	$10.55	1.9%	--	1.00	10
$71.00	Oct 23	10.40	10.60	$10.50	1.9%	--	0.88	128

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Nov 20	0.70	0.72	$0.71	2.8%	328	0.34	42.4K
$90.00	Nov 20	8.65	8.90	$8.78	2.8%	--	0.97	3.0K
$88.50	Oct 23	6.90	7.10	$7.00	2.9%	48	0.81	--
$88.00	Nov 20	6.70	6.90	$6.80	2.9%	--	0.94	22.9K
$88.00	Nov 30	6.70	6.90	$6.80	2.9%	--	0.94	300

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 117 found (avg $0.43, cheapest $0.17)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Oct 23	0.14	0.16	$0.15	13.3%	2.2K	0.46	15.4K
$82.00	Oct 26	0.14	0.16	$0.15	13.3%	2.8K	0.27	9.5K
$81.00	Oct 23	0.48	0.52	$0.50	8.0%	2.6K	0.87	18.1K
$81.50	Oct 26	0.31	0.33	$0.32	6.3%	69	0.47	2.3K
$82.50	Oct 28	0.16	0.19	$0.18	16.7%	414	0.22	1.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Oct 23	0.16	0.18	$0.17	11.8%	3.5K	0.55	9.6K
$81.00	Oct 26	0.13	0.15	$0.14	14.3%	449	0.29	1.7K
$82.00	Oct 23	0.52	0.58	$0.55	10.9%	285	0.87	1.2K
$81.50	Oct 26	0.33	0.35	$0.34	5.9%	708	0.53	1.3K
$80.00	Oct 28	0.07	0.08	$0.08	12.5%	156	0.12	2.9K

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
$66.00	Oct 23	15.25	15.60	$15.43	2.3%	--	1.00	14
$70.50	Oct 23	10.75	11.15	$10.95	3.7%	12	1.00	31
$73.50	Oct 23	7.90	8.10	$8.00	2.5%	--	1.00	102
$75.00	Oct 23	6.40	6.60	$6.50	3.1%	8	1.00	178
$75.50	Oct 23	5.90	6.10	$6.00	3.3%	2	1.00	16

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$87.00	Oct 30	5.40	5.60	$5.50	3.6%	2	1.00	20
$85.00	Oct 23	3.40	3.60	$3.50	5.7%	9	0.99	--
$91.00	Nov 6	9.65	10.00	$9.82	3.6%	--	0.99	28
$95.00	Nov 20	11.75	15.65	$13.70	28.5%	--	0.98	14
$90.00	Nov 6	8.45	9.00	$8.73	6.3%	--	0.98	29

Most actively traded options today. High liquidity = easy entry/exit. 270 active (total vol 50.4K, top 3.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 23	0.02	0.03	$0.03	33.3%	3.3K	0.13	24.4K
$82.00	Oct 26	0.14	0.16	$0.15	13.3%	2.8K	0.27	9.5K
$81.00	Oct 23	0.48	0.52	$0.50	8.0%	2.6K	0.87	18.1K
$81.50	Oct 23	0.14	0.16	$0.15	13.3%	2.2K	0.46	15.4K
$82.00	Oct 30	0.44	0.47	$0.45	6.7%	1.9K	0.38	40.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 23	0.02	0.03	$0.03	33.3%	3.5K	0.13	11.2K
$81.50	Oct 23	0.16	0.18	$0.17	11.8%	3.5K	0.55	9.6K
$75.00	Nov 20	0.07	0.08	$0.08	12.5%	2.0K	0.05	108.6K
$80.00	Oct 26	0.01	0.02	$0.02	50.0%	1.0K	0.04	1.9K
$80.00	Oct 30	0.14	0.18	$0.16	25.0%	990	0.18	21.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 1679.2%, max 2570.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$74.00	Oct 23	Nov 30	440.9%	16.6%	2560.9%	--	229
$72.00	Oct 23	Nov 27	495.8%	20.3%	2347.9%	--	121
$95.00	Oct 23	Nov 30	566.2%	23.5%	2313.6%	--	1.8K
$72.50	Oct 23	Nov 6	497.5%	23.9%	1979.2%	--	76
$81.50	Oct 23	Dec 4	18.8%	15.6%	20.0%	2.3K	15.6K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$72.50	Oct 23	Nov 27	497.5%	18.6%	2570.4%	--	418
$72.00	Oct 23	Nov 30	495.8%	18.8%	2534.5%	--	1.3K
$74.00	Oct 23	Dec 4	440.9%	17.3%	2443.3%	11	3.1K
$81.50	Oct 23	Dec 4	18.8%	15.6%	20.0%	3.5K	9.8K
$83.50	Nov 6	Nov 13	16.0%	15.7%	1.9%	--	161

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 129 found (best R:R 1.50, avg 2.42)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$75.00	$76.00	Nov 20	$0.40	$0.60	$0.40	100%	1.50	$75.40
$75.50	$76.00	Nov 13	$0.10	$0.40	$0.10	100%	4.00	$75.60
$80.50	$81.00	Nov 13	$0.18	$0.32	$0.18	62%	1.78	$80.68
$80.00	$80.50	Nov 27	$0.23	$0.27	$0.23	67%	1.17	$80.23
$80.00	$80.50	Nov 6	$0.27	$0.23	$0.27	74%	0.85	$80.27

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$81.50	Nov 13	$0.20	$0.30	$0.20	60%	1.50	$81.80
$82.50	$82.00	Nov 20	$0.25	$0.25	$0.25	64%	1.00	$82.25
$81.00	$80.50	Nov 27	$0.18	$0.32	$0.18	48%	1.78	$80.82
$80.50	$80.00	Nov 27	$0.16	$0.34	$0.16	42%	2.13	$80.34
$81.50	$81.00	Nov 6	$0.22	$0.28	$0.22	54%	1.27	$81.28

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 82 found (best R:R 5.25, avg 0.53)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$95.00	$96.00	Oct 23	$0.84	$0.84	$0.16	83%	5.25	$95.84
$89.00	$90.00	Oct 23	$0.24	$0.24	$0.76	90%	0.32	$89.24
$81.50	$82.00	Nov 4	$0.31	$0.31	$0.19	53%	1.63	$81.81
$82.00	$83.00	Nov 30	$0.43	$0.43	$0.57	58%	0.75	$82.43
$91.00	$92.00	Oct 23	$0.15	$0.15	$0.85	88%	0.18	$91.15

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$70.00	$69.00	Oct 23	$0.61	$0.61	$0.39	88%	1.56	$69.39
$74.00	$73.50	Oct 26	$0.24	$0.24	$0.26	88%	0.92	$73.76
$69.00	$67.00	Oct 23	$0.10	$0.10	$1.90	97%	0.05	$68.90
$79.50	$79.00	Nov 27	$0.19	$0.19	$0.31	70%	0.61	$79.31
$80.00	$79.50	Nov 4	$0.15	$0.15	$0.35	73%	0.43	$79.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.17, cheapest $0.17)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Oct 23	Oct 26	$0.17	18.8%	11.0%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Oct 23	Oct 26	$0.17	18.8%	11.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 193 found (cheapest 0.39% of stock, avg 4.75%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Oct 23	$0.15	$0.17	$0.32	$81.18	$81.82	0.39%
$81.00	Oct 23	$0.50	$0.03	$0.53	$80.47	$81.53	0.65%
$82.00	Oct 23	$0.03	$0.55	$0.58	$81.42	$82.58	0.71%
$81.50	Oct 26	$0.32	$0.34	$0.66	$80.84	$82.16	0.81%
$81.00	Oct 26	$0.61	$0.14	$0.75	$80.25	$81.75	0.92%
$82.00	Oct 26	$0.15	$0.67	$0.82	$81.18	$82.82	1.01%
$80.50	Oct 23	$0.97	$0.01	$0.98	$79.52	$81.48	1.20%
$81.50	Oct 28	$0.50	$0.50	$1.00	$80.50	$82.50	1.23%
$82.50	Oct 23	$0.05	$1.00	$1.05	$81.45	$83.55	1.29%
$81.00	Oct 28	$0.78	$0.29	$1.07	$79.93	$82.07	1.31%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 285 found (cheapest 0.07% of stock, avg 1.35%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.00	$81.00	Oct 23	$0.03	$0.03	$0.06	$80.94	$82.06
$83.00	$80.50	Oct 26	$0.04	$0.05	$0.09	$80.41	$83.09
$83.50	$79.50	Oct 28	$0.06	$0.04	$0.10	$79.40	$83.60
$85.00	$79.00	Oct 30	$0.05	$0.06	$0.11	$78.89	$85.11
$83.50	$79.00	Oct 28	$0.06	$0.05	$0.11	$78.89	$83.61
$82.50	$80.50	Oct 26	$0.07	$0.05	$0.12	$80.38	$82.62
$83.50	$80.00	Oct 28	$0.06	$0.08	$0.14	$79.86	$83.64
$83.00	$79.50	Oct 28	$0.10	$0.04	$0.14	$79.36	$83.14
$83.00	$79.00	Oct 28	$0.10	$0.05	$0.15	$78.85	$83.15
$84.00	$79.00	Oct 30	$0.10	$0.06	$0.16	$78.84	$84.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 45 found (best R:R 5.67, avg credit $0.39)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
69/70	89/90	Oct 23	$0.85	$0.15	78%	5.67	$69.15	$89.85
70/71	89/90	Oct 23	$0.80	$0.20	79%	4.00	$70.20	$89.80
67/69	95/96	Oct 23	$0.94	$1.06	79%	0.89	$68.06	$95.94
69/70	91/92	Oct 23	$0.76	$0.24	76%	3.17	$69.24	$91.76
72/72	89/90	Oct 23	$0.78	$0.22	74%	3.55	$71.22	$89.78
70/71	91/92	Oct 23	$0.71	$0.29	77%	2.45	$70.29	$91.71
72/72	91/92	Oct 23	$0.69	$0.31	72%	2.23	$71.31	$91.69
67/69	88/89	Oct 23	$0.70	$1.30	77%	0.54	$68.30	$89.20
72/72	89/90	Oct 23	$0.35	$0.65	73%	0.54	$72.15	$89.35
67/69	89/90	Oct 23	$0.34	$1.66	87%	0.20	$68.66	$89.34

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 155 found (best R:R 1.17, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$81.50	$82.00	Oct 23	$0.23	$0.27	75%	1.17
$80.50	$81.00	$81.50	Oct 23	$0.12	$0.38	50%	3.17
$80.00	$81.00	$82.00	Oct 30	$0.24	$0.76	44%	3.17
$82.00	$83.00	$84.00	Oct 30	$0.13	$0.87	28%	6.69
$79.00	$80.00	$81.00	Nov 30	$0.11	$0.89	25%	8.09

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.50	$81.00	$81.50	Oct 23	$0.12	$0.38	52%	3.17
$80.00	$81.00	$82.00	Oct 30	$0.23	$0.77	44%	3.35
$81.00	$81.50	$82.00	Oct 23	$0.24	$0.26	75%	1.08
$80.00	$81.00	$82.00	Nov 30	$0.09	$0.91	22%	10.11
$81.50	$82.00	$82.50	Oct 23	$0.07	$0.43	34%	6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 225 found (best net $-2.57, 204 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$67.00	$73.00	1:2	Nov 30	-$2.57	$3.43
$80.00	$81.00	1:2	Oct 30	-$0.21	$0.79
$80.50	$81.00	1:2	Oct 26	-$0.17	$0.33
$79.00	$80.00	1:2	Oct 30	-$0.80	$0.20
$81.50	$82.00	1:2	Oct 28	-$0.10	$0.40

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$88.50	$85.50	1:2	Oct 23	-$1.00	$2.00
$85.00	$82.50	1:2	Nov 27	-$0.06	$2.44
$83.00	$82.00	1:2	Oct 30	-$0.17	$0.83
$82.50	$82.00	1:2	Oct 23	-$0.10	$0.40
$86.00	$84.00	1:2	Nov 30	-$1.40	$0.60

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 79 found (best yield 1.46%, avg 0.53%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Dec 4	$1.19	0.42	0.7%	1.46%	2.11%	--	76
$82.00	Nov 30	$1.14	0.42	0.7%	1.40%	2.05%	216	7.1K
$81.50	Dec 4	$1.33	0.47	0.0%	1.63%	1.67%	7	189
$83.00	Dec 4	$0.83	0.33	1.9%	1.02%	2.90%	--	138
$82.00	Nov 27	$1.11	0.42	0.7%	1.36%	2.01%	191	1.3K
$82.50	Dec 4	$0.94	0.37	1.3%	1.15%	2.42%	--	59
$81.50	Nov 27	$1.26	0.47	0.0%	1.55%	1.58%	51	745
$82.50	Nov 27	$0.87	0.37	1.3%	1.07%	2.33%	255	546
$83.00	Nov 27	$0.76	0.32	1.9%	0.93%	2.81%	3	1.1K
$83.00	Nov 30	$0.74	0.32	1.9%	0.91%	2.79%	44	90.6K

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 29,029

Total Puts 22,494

Put/Call Ratio 0.77

Net Difference 6,535

Prior's Put/Call Breakdown

Total Calls 24,586

Total Puts 15,325

Put/Call Ratio 0.62

Net Difference 9,261

Prior 7-Day Put/Call Summary

Total Calls 2,093,493

Total Puts 1,127,921

Average Put/Call Ratio 0.64

Ratio Trend Rising

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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