TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.45 -0.35%

(10/23 10:00) ◀

Friday, October 23, 2026 (11:00am)

▶ (10/23 12:00)

◀ 10/23 11:00 ▶

Option Volume

Detail

ℹ

Current (10/23 11:00am) 111,898

Calls: 69,100 (62%)

Puts: 42,798 (38%)

Prior (10/22) 302,380

Calls: 236,648 (78%)

Puts: 65,732 (22%)

Current vs Prior -62.99%

Calls: -70.80% (Calls)

Puts: -34.89% (Puts)

Prior 7-Day Total 3,641,593

Calls: 2,340,705 (64%)

Puts: 1,300,888 (36%)

Prior 7-Day Average 520,227

Calls: 334,386 (64%)

Puts: 185,841 (36%)

Current vs Prior 7-Day Avg -78.49%

Calls: -79.34%

Puts: -76.97%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/23 11:00am) $5.41M

Calls: $4.05M (75%)

Puts: $1.36M (25%)

Prior (10/22) $18.62M

Calls: $16.12M (87%)

Puts: $2.50M (13%)

Current vs Prior -70.93%

Calls: -74.86%

Puts: -45.57%

Prior 7-Day Total $210.16M

Calls: $145.29M (69%)

Puts: $64.87M (31%)

Prior 7-Day Average $30.02M

Calls: $20.76M (69%)

Puts: $9.27M (31%)

Current vs Prior 7-Day Avg -81.97%

Calls: -80.48%

Puts: -85.31%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/23 11:00am) 0.62

Prior (10/22) 0.28

Current vs Prior +122.98%

Prior 7-Day Average 0.66

Current vs Prior 7-Day Avg -5.94%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/23 11:00am) 3,470,218

Calls: 2,170,954 (63%)

Puts: 1,299,264 (37%)

Prior (10/22) 3,311,442

Calls: 2,108,704 (64%)

Puts: 1,202,738 (36%)

Current vs Prior +4.79%

Prior 7-Day Total 25,381,574

Calls: 16,495,651 (65%)

Puts: 8,885,923 (35%)

Prior 7-Day Average 3,625,939

Calls: 2,356,521 (65%)

Puts: 1,269,417 (35%)

Current vs Prior 7-Day Avg -4.29%

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 0.79% | 1.13%0.79% | 2.22%3.39% | 5.11%

Prior 1.09% | 1.37%1.09% | 2.46%3.58% | 5.19%

Current vs Prior -27.83% | -17.56%-27.83% | -9.63%-5.47% | -1.54%

Prior 7-Day Avg 1.13% | 1.41%1.29% | 2.26%1.41% | 4.02%

Current vs 7-Day Avg -30.76% | -20.03%-38.99% | -1.53%+139.70% | +26.91%

Prior 7-Day Eod 1.09% | 1.37%1.08% | 2.45%3.57% | 5.16%

Current vs 7-Day Eod -27.83% | -17.56%-27.01% | -9.18%-5.14% | -1.07%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 18.14% | 7.29%

Calls: 22.00% | 8.33%

Puts: 14.29% | 6.25%

Prior 7.83% | 4.09%

Calls: 7.32% | 4.41%

Puts: 8.33% | 3.77%

Current vs Prior +131.67% | +78.24%

Prior 7-Day Avg 5.45% | 3.35%

Calls: 4.34% | 3.16%

Puts: 6.56% | 3.54%

Current vs 7-Day Avg +233.02% | +117.61%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 75% call dollar volume ($4.05M). Light premium activity with dollar volume down 71% vs prior. Below-average activity with volume down 63% vs prior. Bullish P/C ratio of 0.62.

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 BULLISH

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
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 390 of results (avg 3.8%, best 1.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Nov 30	1.58	1.60	$1.59	1.3%	8	0.53	10.1K
$66.00	Oct 23	15.40	15.60	$15.50	1.3%	9	1.00	14
$70.00	Oct 30	11.45	11.60	$11.52	1.3%	--	1.00	326
$81.00	Nov 20	1.41	1.43	$1.42	1.4%	297	0.54	56.6K
$81.50	Nov 27	1.29	1.31	$1.30	1.5%	56	0.47	745

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Nov 20	1.61	1.63	$1.62	1.2%	141	0.60	48.3K
$95.00	Nov 20	13.70	13.90	$13.80	1.4%	--	0.99	14
$95.00	Oct 23	13.40	13.60	$13.50	1.5%	7	1.00	--
$97.00	Oct 23	15.40	15.65	$15.53	1.6%	8	1.00	--
$80.50	Dec 4	1.16	1.18	$1.17	1.7%	--	0.45	141

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 187 found (avg $0.34, cheapest $0.14)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Oct 26	0.05	0.06	$0.06	16.7%	416	0.12	11.6K
$82.00	Oct 26	0.12	0.13	$0.13	7.7%	5.4K	0.25	9.5K
$81.50	Oct 26	0.28	0.29	$0.29	3.4%	2.5K	0.47	2.3K
$83.00	Oct 28	0.08	0.09	$0.09	11.1%	29	0.13	1.8K
$83.50	Oct 28	0.05	0.06	$0.06	16.7%	123	0.08	923

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Oct 23	0.13	0.15	$0.14	14.3%	6.1K	0.56	9.6K
$81.00	Oct 26	0.12	0.13	$0.13	7.7%	1.2K	0.28	1.7K
$81.50	Oct 26	0.31	0.33	$0.32	6.3%	1.3K	0.53	1.3K
$82.00	Oct 23	0.54	0.58	$0.56	7.1%	316	0.92	1.2K
$80.00	Oct 28	0.07	0.08	$0.08	12.5%	588	0.12	2.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 259 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.50	Oct 26	3.90	4.10	$4.00	5.0%	--	1.00	102
$78.00	Oct 26	3.40	3.60	$3.50	5.7%	3	1.00	537
$78.50	Oct 26	2.95	3.05	$3.00	3.3%	--	1.00	581
$79.00	Oct 26	2.43	2.56	$2.50	5.2%	2	1.00	1.0K
$79.50	Oct 26	1.94	2.07	$2.01	6.5%	5	1.00	880

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Oct 23	0.95	1.08	$1.02	12.7%	17	1.00	34
$83.00	Oct 23	1.45	1.62	$1.54	11.0%	2	1.00	4
$84.00	Oct 23	2.46	2.63	$2.55	6.7%	8	1.00	1
$84.50	Oct 23	2.94	3.10	$3.02	5.3%	8	1.00	--
$85.00	Oct 23	3.45	3.60	$3.53	4.2%	29	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 389 active (total vol 109.7K, top 9.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Oct 23	0.09	0.11	$0.10	20.0%	9.2K	0.44	15.4K
$82.00	Oct 26	0.12	0.13	$0.13	7.7%	5.4K	0.25	9.5K
$82.00	Oct 23	0.01	0.02	$0.02	50.0%	5.1K	0.08	24.4K
$83.00	Nov 27	0.72	0.74	$0.73	2.7%	3.6K	0.31	1.1K
$82.00	Oct 30	0.40	0.42	$0.41	4.9%	3.4K	0.37	40.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Oct 23	0.13	0.15	$0.14	14.3%	6.1K	0.56	9.6K
$81.00	Oct 23	0.01	0.02	$0.02	50.0%	5.4K	0.09	11.2K
$80.00	Oct 30	0.14	0.15	$0.15	6.7%	2.2K	0.17	21.1K
$75.00	Nov 20	0.07	0.08	$0.08	12.5%	2.0K	0.05	108.6K
$81.00	Oct 30	0.38	0.40	$0.39	5.1%	1.5K	0.38	5.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 2.2%, max 3.9%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Oct 23	Dec 4	15.4%	15.2%	1.4%	9.2K	15.6K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.50	Nov 6	Nov 13	16.2%	15.6%	3.9%	--	161
$81.50	Oct 23	Dec 4	15.4%	15.2%	1.4%	6.1K	9.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 112 found (best R:R 9.00, avg 2.09)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$85.00	$86.00	Nov 27	$0.10	$0.90	$0.10	16%	9.00	$85.10
$84.00	$85.00	Nov 13	$0.11	$0.89	$0.11	18%	8.09	$84.11
$83.00	$83.50	Nov 20	$0.11	$0.39	$0.11	30%	3.55	$83.11
$84.00	$85.00	Nov 30	$0.16	$0.84	$0.16	23%	5.25	$84.16
$82.00	$82.50	Nov 13	$0.16	$0.34	$0.16	39%	2.12	$82.16

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$78.00	$77.00	Dec 4	$0.14	$0.86	$0.14	20%	6.14	$77.86
$80.00	$79.50	Nov 13	$0.13	$0.37	$0.13	33%	2.85	$79.87
$80.00	$79.50	Nov 20	$0.14	$0.36	$0.14	34%	2.57	$79.86
$78.00	$77.00	Nov 30	$0.11	$0.89	$0.11	17%	8.09	$77.89
$79.50	$79.00	Nov 27	$0.12	$0.38	$0.12	30%	3.17	$79.38

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 69 found (best R:R 0.32, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$82.00	Nov 2	$0.21	$0.21	$0.29	55%	0.72	$81.71
$81.50	$82.00	Dec 4	$0.23	$0.23	$0.27	54%	0.85	$81.73
$81.50	$82.00	Nov 4	$0.21	$0.21	$0.29	55%	0.72	$81.71
$82.50	$83.00	Dec 4	$0.17	$0.17	$0.33	64%	0.52	$82.67
$81.50	$82.00	Nov 20	$0.22	$0.22	$0.28	53%	0.79	$81.72

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Oct 30	$0.24	$0.24	$0.76	62%	0.32	$80.76
$81.00	$80.50	Nov 2	$0.20	$0.20	$0.30	55%	0.67	$80.80
$81.00	$80.50	Nov 6	$0.22	$0.22	$0.28	53%	0.79	$80.78
$80.50	$80.00	Nov 2	$0.14	$0.14	$0.36	67%	0.39	$80.36
$80.00	$79.50	Nov 4	$0.12	$0.12	$0.38	72%	0.32	$79.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.18, cheapest $0.18)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Oct 23	Oct 26	$0.19	15.4%	10.4%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Oct 23	Oct 26	$0.18	15.4%	10.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 202 found (cheapest 0.29% of stock, avg 4.69%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Oct 23	$0.10	$0.14	$0.24	$81.26	$81.74	0.29%
$81.00	Oct 23	$0.50	$0.02	$0.52	$80.48	$81.52	0.64%
$82.00	Oct 23	$0.02	$0.56	$0.58	$81.42	$82.58	0.71%
$81.50	Oct 26	$0.29	$0.32	$0.61	$80.89	$82.11	0.75%
$81.00	Oct 26	$0.60	$0.13	$0.73	$80.27	$81.73	0.90%
$82.00	Oct 26	$0.13	$0.66	$0.79	$81.21	$82.79	0.97%
$81.50	Oct 28	$0.46	$0.48	$0.94	$80.56	$82.44	1.15%
$80.50	Oct 23	$0.96	$0.01	$0.97	$79.53	$81.47	1.19%
$81.00	Oct 28	$0.75	$0.27	$1.02	$79.98	$82.02	1.25%
$82.50	Oct 23	$0.01	$1.02	$1.03	$81.47	$83.53	1.26%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 239 found (cheapest 0.05% of stock, avg 1.34%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.00	$81.00	Oct 23	$0.02	$0.02	$0.04	$80.96	$82.04
$83.00	$80.50	Oct 26	$0.03	$0.05	$0.08	$80.42	$83.08
$83.50	$79.50	Oct 28	$0.06	$0.04	$0.10	$79.40	$83.60
$82.50	$80.50	Oct 26	$0.06	$0.05	$0.11	$80.39	$82.61
$83.00	$79.50	Oct 28	$0.09	$0.04	$0.13	$79.37	$83.13
$84.00	$79.00	Oct 30	$0.08	$0.06	$0.14	$78.86	$84.14
$83.50	$80.00	Oct 28	$0.06	$0.08	$0.14	$79.86	$83.64
$83.00	$80.00	Oct 28	$0.09	$0.08	$0.17	$79.83	$83.17
$81.50	$81.00	Oct 23	$0.10	$0.02	$0.12	$80.88	$81.62
$82.00	$80.50	Oct 26	$0.13	$0.05	$0.18	$80.32	$82.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 32 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
79/80	84/84	Dec 4	$0.25	$0.25	43%	1.00	$79.25	$84.25
78/78	84/84	Dec 4	$0.20	$0.30	52%	0.67	$78.30	$84.20
78/79	84/84	Dec 4	$0.22	$0.28	48%	0.79	$78.78	$84.22
79/80	82/83	Nov 20	$0.27	$0.23	37%	1.17	$79.23	$82.77
79/80	82/83	Nov 13	$0.25	$0.25	40%	1.00	$79.25	$82.75
79/80	84/84	Nov 20	$0.22	$0.28	46%	0.79	$79.28	$83.72
79/80	83/84	Nov 13	$0.22	$0.28	46%	0.79	$79.28	$83.22
80/80	82/83	Nov 4	$0.23	$0.27	44%	0.85	$79.77	$82.73
80/80	82/83	Nov 20	$0.29	$0.21	31%	1.38	$79.71	$82.79
80/80	84/84	Nov 20	$0.24	$0.26	40%	0.92	$79.76	$83.74

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 90 found (best R:R 7.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.50	$81.00	$81.50	Oct 23	$0.06	$0.44	53%	7.33
$81.50	$82.00	$82.50	Oct 23	$0.07	$0.43	42%	6.14
$78.00	$79.00	$80.00	Nov 30	$0.09	$0.91	22%	10.11
$82.00	$83.00	$84.00	Oct 30	$0.13	$0.87	28%	6.69
$79.00	$80.00	$81.00	Nov 30	$0.12	$0.88	26%	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.50	$81.00	$81.50	Oct 23	$0.11	$0.39	54%	3.55
$81.00	$81.50	$82.00	Oct 23	$0.30	$0.20	82%	0.67
$81.00	$82.00	$83.00	Oct 30	$0.24	$0.76	44%	3.17
$79.00	$80.00	$81.00	Oct 30	$0.15	$0.85	30%	5.67
$80.50	$81.00	$81.50	Oct 26	$0.11	$0.39	42%	3.55

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 177 found (best net $-2.56, 166 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$67.00	$73.00	1:2	Nov 30	-$2.56	$3.44
$80.00	$81.00	1:2	Oct 30	-$0.13	$0.87
$80.50	$81.00	1:2	Oct 26	-$0.18	$0.32
$79.00	$80.00	1:2	Oct 30	-$0.75	$0.25
$81.00	$81.50	1:2	Oct 28	-$0.17	$0.33

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$85.00	$83.00	1:2	Nov 27	-$0.71	$1.29
$83.00	$82.00	1:2	Oct 30	-$0.15	$0.85
$84.00	$83.00	1:2	Oct 23	-$0.53	$0.47
$87.00	$85.00	1:2	Oct 30	-$1.55	$0.45
$82.50	$82.00	1:2	Oct 23	-$0.10	$0.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 82 found (best yield 1.69%, avg 0.51%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$81.50	Dec 4	$1.38	0.46	0.1%	1.69%	1.76%	7	189
$82.00	Dec 4	$1.16	0.41	0.7%	1.42%	2.10%	1	76
$82.00	Nov 30	$1.10	0.42	0.7%	1.35%	2.03%	444	7.1K
$82.50	Dec 4	$0.96	0.36	1.3%	1.18%	2.47%	--	59
$81.50	Nov 27	$1.29	0.47	0.1%	1.58%	1.65%	56	745
$82.00	Nov 27	$1.07	0.41	0.7%	1.31%	1.99%	409	1.3K
$83.00	Dec 4	$0.80	0.32	1.9%	0.98%	2.89%	4	138
$82.50	Nov 27	$0.88	0.36	1.3%	1.08%	2.37%	255	546
$83.00	Nov 30	$0.75	0.32	1.9%	0.92%	2.82%	741	90.6K
$83.00	Nov 27	$0.72	0.31	1.9%	0.88%	2.79%	3.6K	1.1K

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 69,100

Total Puts 42,798

Put/Call Ratio 0.62

Net Difference 26,302

Prior's Put/Call Breakdown

Total Calls 236,648

Total Puts 65,732

Put/Call Ratio 0.28

Net Difference 170,916

Prior 7-Day Put/Call Summary

Total Calls 2,340,705

Total Puts 1,300,888

Average Put/Call Ratio 0.66

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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📈 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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