TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.47 -0.33%

(10/23 14:00) ◀

Friday, October 23, 2026 (3:00pm)

▶ (10/23 15:18)

◀ 10/23 15:00 ▶

Option Volume

Detail

ℹ

Current (10/23 3:00pm) 257,760

Calls: 153,482 (60%)

Puts: 104,278 (40%)

Prior (10/22) 678,445

Calls: 433,240 (64%)

Puts: 245,205 (36%)

Current vs Prior -62.01%

Calls: -64.57% (Calls)

Puts: -57.47% (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 -50.45%

Calls: -54.10%

Puts: -43.89%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/23 3:00pm) $12.19M

Calls: $9.21M (76%)

Puts: $2.98M (24%)

Prior (10/22) $48.65M

Calls: $38.96M (80%)

Puts: $9.69M (20%)

Current vs Prior -74.95%

Calls: -76.36%

Puts: -69.29%

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 -59.41%

Calls: -55.63%

Puts: -67.89%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/23 3:00pm) 0.68

Prior (10/22) 0.57

Current vs Prior +20.04%

Prior 7-Day Average 0.66

Current vs Prior 7-Day Avg +3.17%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/23 3:00pm) 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 0.64% | 1.01%0.64% | 2.10%3.29% | 5.08%

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

Current vs Prior -41.38% | -26.54%-41.38% | -14.64%-8.23% | -2.04%

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

Current vs 7-Day Avg -43.75% | -28.74%-50.44% | -6.99%+132.69% | +26.27%

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

Current vs 7-Day Eod -41.38% | -26.54%-40.71% | -14.22%-7.91% | -1.57%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 17.14% | 5.48%

Calls: 20.00% | 7.27%

Puts: 14.29% | 3.70%

Prior 7.83% | 4.09%

Calls: 7.32% | 4.41%

Puts: 8.33% | 3.77%

Current vs Prior +118.90% | +33.99%

Prior 7-Day Avg 5.45% | 3.35%

Calls: 4.34% | 3.16%

Puts: 6.56% | 3.54%

Current vs 7-Day Avg +214.66% | +63.58%

Liquidity Pricy

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🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($9.21M) vs puts ($2.98M). Light premium activity with dollar volume down 75% vs prior. Below-average activity with volume down 62% vs prior. Bullish P/C ratio of 0.68.

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
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 407 of results (avg 3.7%, best 0.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Nov 20	1.13	1.14	$1.13	0.9%	140	0.47	1.9K
$82.00	Nov 27	1.05	1.06	$1.06	0.9%	634	0.41	1.3K
$81.00	Nov 30	1.56	1.58	$1.57	1.3%	25	0.53	10.1K
$66.00	Oct 30	15.40	15.60	$15.50	1.3%	--	1.00	50
$66.00	Oct 23	15.35	15.55	$15.45	1.3%	13	1.00	14

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Dec 4	1.62	1.64	$1.63	1.2%	3	0.55	174
$97.00	Oct 23	15.45	15.65	$15.55	1.3%	46	1.00	--
$96.00	Oct 23	14.45	14.65	$14.55	1.4%	28	1.00	--
$81.00	Nov 4	0.68	0.69	$0.69	1.4%	625	0.46	960
$81.00	Dec 4	1.36	1.38	$1.37	1.5%	8	0.50	2

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 188 found (avg $0.33, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 26	0.08	0.09	$0.09	11.1%	8.4K	0.22	9.5K
$81.50	Oct 26	0.24	0.25	$0.25	4.0%	3.1K	0.47	2.3K
$83.00	Oct 28	0.05	0.06	$0.06	16.7%	109	0.10	1.8K
$82.50	Oct 28	0.11	0.12	$0.12	8.3%	1.5K	0.18	1.9K
$81.00	Oct 26	0.53	0.57	$0.55	7.3%	309	0.77	9.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Oct 23	0.06	0.07	$0.07	14.3%	15.5K	0.60	9.6K
$81.00	Oct 26	0.08	0.09	$0.09	11.1%	2.8K	0.23	1.7K
$81.50	Oct 26	0.26	0.27	$0.27	3.7%	1.9K	0.53	1.3K
$80.00	Oct 28	0.05	0.06	$0.06	16.7%	1.8K	0.10	2.9K
$82.00	Oct 23	0.52	0.63	$0.57	19.3%	510	0.96	1.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 279 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$73.50	Oct 26	7.85	8.05	$7.95	2.5%	20	1.00	--
$76.50	Oct 26	4.85	5.05	$4.95	4.0%	5	1.00	1
$77.00	Oct 26	4.35	4.55	$4.45	4.5%	2	1.00	6
$77.50	Oct 26	3.85	4.05	$3.95	5.1%	2	1.00	102
$78.00	Oct 26	3.35	3.55	$3.45	5.8%	9	1.00	537

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.50	Oct 23	0.98	1.12	$1.05	13.3%	22	1.00	34
$83.00	Oct 23	1.48	1.62	$1.55	9.0%	2	1.00	4
$84.00	Oct 23	2.47	2.61	$2.54	5.5%	8	1.00	1
$84.50	Oct 23	2.97	3.15	$3.06	5.9%	8	1.00	--
$85.00	Oct 23	3.50	3.65	$3.58	4.2%	37	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 484 active (total vol 255.5K, top 20.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Oct 23	0.03	0.04	$0.04	25.0%	20.4K	0.40	15.4K
$82.00	Oct 30	0.36	0.37	$0.37	2.7%	15.0K	0.36	40.8K
$83.00	Nov 6	0.32	0.33	$0.33	3.0%	10.3K	0.23	7.0K
$82.00	Oct 23	0.00	0.01	$0.01	100.0%	8.6K	0.04	24.4K
$82.00	Oct 26	0.08	0.09	$0.09	11.1%	8.4K	0.22	9.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$76.00	Nov 20	0.09	0.10	$0.10	10.0%	17.0K	0.06	46.6K
$81.50	Oct 23	0.06	0.07	$0.07	14.3%	15.5K	0.60	9.6K
$79.00	Nov 20	0.38	0.40	$0.39	5.1%	9.1K	0.23	48.6K
$81.00	Oct 23	0.00	0.01	$0.01	100.0%	7.1K	0.04	11.2K
$80.00	Oct 30	0.11	0.12	$0.12	8.3%	3.6K	0.15	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. 1 strikes (avg 3.7%, max 3.7%)

CALLS (0)

No calls found

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$83.50	Nov 6	Nov 13	15.6%	15.0%	3.7%	--	161

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 110 found (best R:R 0.67, avg 2.00)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$81.50	Oct 26	$0.30	$0.20	$0.30	77%	0.67	$81.30
$85.00	$86.00	Nov 30	$0.10	$0.90	$0.10	16%	9.00	$85.10
$80.00	$81.00	Nov 30	$0.60	$0.40	$0.60	68%	0.67	$80.60
$85.00	$86.00	Nov 27	$0.10	$0.90	$0.10	16%	9.00	$85.10
$80.00	$80.50	Nov 13	$0.33	$0.17	$0.33	72%	0.52	$80.33

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$80.50	$80.00	Nov 20	$0.17	$0.33	$0.17	40%	1.94	$80.33
$79.00	$78.00	Nov 30	$0.17	$0.83	$0.17	25%	4.88	$78.83
$79.50	$79.00	Nov 20	$0.11	$0.39	$0.11	28%	3.55	$79.39
$78.00	$77.00	Nov 30	$0.11	$0.89	$0.11	17%	8.09	$77.89
$79.50	$79.00	Dec 4	$0.14	$0.36	$0.14	33%	2.57	$79.36

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 66 found (best R:R 0.28, avg 0.46)

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	Oct 26	$0.16	$0.16	$0.34	53%	0.47	$81.66
$82.00	$83.00	Oct 30	$0.22	$0.22	$0.78	64%	0.28	$82.22
$81.50	$82.00	Nov 4	$0.21	$0.21	$0.29	55%	0.72	$81.71

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Oct 30	$0.22	$0.22	$0.78	64%	0.28	$80.78
$81.00	$80.50	Nov 2	$0.20	$0.20	$0.30	56%	0.67	$80.80
$80.50	$80.00	Nov 4	$0.16	$0.16	$0.34	64%	0.47	$80.34
$80.50	$80.00	Nov 6	$0.17	$0.17	$0.33	62%	0.52	$80.33
$80.50	$80.00	Nov 2	$0.13	$0.13	$0.37	68%	0.35	$80.37

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.21, cheapest $0.20)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Oct 23	Oct 26	$0.21	12.5%	9.0%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Oct 23	Oct 26	$0.20	12.5%	9.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 222 found (cheapest 0.14% of stock, avg 4.70%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Oct 23	$0.04	$0.07	$0.11	$81.39	$81.61	0.14%
$81.00	Oct 23	$0.45	$0.01	$0.46	$80.54	$81.46	0.56%
$81.50	Oct 26	$0.25	$0.27	$0.52	$80.98	$82.02	0.64%
$82.00	Oct 23	$0.01	$0.57	$0.58	$81.42	$82.58	0.71%
$81.00	Oct 26	$0.55	$0.09	$0.64	$80.36	$81.64	0.79%
$82.00	Oct 26	$0.09	$0.63	$0.72	$81.28	$82.72	0.88%
$81.50	Oct 28	$0.42	$0.42	$0.84	$80.66	$82.34	1.03%
$81.00	Oct 28	$0.71	$0.22	$0.93	$80.07	$81.93	1.14%
$82.00	Oct 28	$0.23	$0.74	$0.97	$81.03	$82.97	1.19%
$80.50	Oct 23	$0.97	$0.01	$0.98	$79.52	$81.48	1.20%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 231 found (cheapest 0.09% of stock, avg 1.31%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$80.50	Oct 26	$0.04	$0.03	$0.07	$80.43	$82.57
$84.00	$79.00	Oct 30	$0.06	$0.04	$0.10	$78.90	$84.10
$83.00	$79.50	Oct 28	$0.06	$0.04	$0.10	$79.40	$83.10
$83.00	$80.00	Oct 28	$0.06	$0.06	$0.12	$79.88	$83.12
$82.00	$80.50	Oct 26	$0.09	$0.03	$0.12	$80.38	$82.12
$82.50	$81.00	Oct 26	$0.04	$0.09	$0.13	$80.87	$82.63
$82.00	$81.00	Oct 26	$0.09	$0.09	$0.18	$80.82	$82.18
$83.50	$79.00	Nov 2	$0.10	$0.08	$0.18	$78.82	$83.68
$82.50	$79.50	Oct 28	$0.12	$0.04	$0.16	$79.34	$82.66
$83.00	$80.50	Oct 28	$0.06	$0.11	$0.17	$80.33	$83.17

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 29 found (best R:R 0.92, avg credit $0.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
78/79	84/84	Dec 4	$0.24	$0.26	44%	0.92	$78.76	$83.74
78/79	83/84	Dec 4	$0.26	$0.24	40%	1.08	$78.74	$83.26
80/80	82/83	Nov 20	$0.30	$0.20	32%	1.50	$79.70	$82.80
79/80	84/84	Dec 4	$0.26	$0.24	40%	1.08	$79.24	$83.76
79/80	83/84	Dec 4	$0.28	$0.22	35%	1.27	$79.22	$83.28
80/80	83/84	Nov 13	$0.25	$0.25	41%	1.00	$79.75	$83.25
80/80	83/84	Nov 20	$0.27	$0.23	37%	1.17	$79.73	$83.27
79/80	83/84	Nov 13	$0.21	$0.29	48%	0.72	$79.29	$83.21
79/80	82/83	Nov 20	$0.26	$0.24	38%	1.08	$79.24	$82.76
80/80	82/83	Nov 13	$0.27	$0.23	35%	1.17	$79.73	$82.77

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 89 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	$0.11	$0.39	57%	3.55
$81.00	$81.50	$82.00	Oct 26	$0.14	$0.36	56%	2.57
$82.00	$83.00	$84.00	Oct 30	$0.13	$0.87	29%	6.69
$80.00	$81.00	$82.00	Oct 30	$0.28	$0.72	48%	2.57
$81.00	$82.00	$83.00	Oct 30	$0.27	$0.73	47%	2.70

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.50	$81.00	$81.50	Oct 23	$0.06	$0.44	58%	7.33
$79.00	$80.00	$81.00	Oct 30	$0.14	$0.86	31%	6.14
$82.00	$83.00	$84.00	Oct 30	$0.13	$0.87	29%	6.69
$80.00	$81.00	$82.00	Oct 30	$0.29	$0.71	48%	2.45
$81.50	$82.00	$82.50	Oct 26	$0.09	$0.41	38%	4.56

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 $-2.53, 164 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$67.00	$73.00	1:2	Nov 30	-$2.53	$3.47
$73.50	$76.50	1:2	Oct 26	-$1.95	$1.05
$80.00	$81.00	1:2	Oct 30	-$0.09	$0.91
$80.50	$81.00	1:2	Oct 26	-$0.08	$0.42
$79.00	$80.00	1:2	Oct 30	-$0.68	$0.32

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$83.00	$82.00	1:2	Oct 30	-$0.05	$0.95
$84.00	$83.00	1:2	Oct 23	-$0.56	$0.44
$87.00	$85.00	1:2	Oct 30	-$1.55	$0.45
$82.50	$82.00	1:2	Oct 23	-$0.09	$0.41
$86.00	$84.00	1:2	Nov 30	-$1.37	$0.63

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 77 found (best yield 1.67%, avg 0.51%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$81.50	Dec 4	$1.36	0.46	0.0%	1.67%	1.71%	8	189
$82.00	Dec 4	$1.13	0.41	0.7%	1.39%	2.04%	2	76
$82.50	Dec 4	$0.94	0.36	1.3%	1.15%	2.42%	--	59
$82.00	Nov 30	$1.08	0.42	0.7%	1.33%	1.98%	463	7.1K
$81.50	Nov 27	$1.27	0.47	0.0%	1.56%	1.60%	59	745
$82.00	Nov 27	$1.05	0.41	0.7%	1.29%	1.94%	634	1.3K
$83.00	Dec 4	$0.77	0.31	1.9%	0.95%	2.82%	33	138
$82.50	Nov 27	$0.85	0.36	1.3%	1.04%	2.31%	256	546
$83.00	Nov 30	$0.72	0.31	1.9%	0.88%	2.76%	1.2K	90.6K
$83.50	Dec 4	$0.64	0.27	2.5%	0.79%	3.28%	1	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 153,482

Total Puts 104,278

Put/Call Ratio 0.68

Net Difference 49,204

Prior's Put/Call Breakdown

Total Calls 433,240

Total Puts 245,205

Put/Call Ratio 0.57

Net Difference 188,035

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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