TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.60 -0.10%

(10/27 12:00) ◀

Tuesday, October 27, 2026 (1:00pm)

▶ (10/27 14:00)

◀ 10/27 13:00 ▶

Option Volume

Detail

ℹ

Current (10/27 1:00pm) 123,937

Calls: 92,047 (74%)

Puts: 31,890 (26%)

Prior (10/26) 213,435

Calls: 98,481 (46%)

Puts: 114,954 (54%)

Current vs Prior -41.93%

Calls: -6.53% (Calls)

Puts: -72.26% (Puts)

Prior 7-Day Total 3,151,877

Calls: 1,976,336 (63%)

Puts: 1,175,541 (37%)

Prior 7-Day Average 450,268

Calls: 282,333 (63%)

Puts: 167,934 (37%)

Current vs Prior 7-Day Avg -72.47%

Calls: -67.40%

Puts: -81.01%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/27 1:00pm) $4.77M

Calls: $3.67M (77%)

Puts: $1.11M (23%)

Prior (10/26) $7.08M

Calls: $4.85M (69%)

Puts: $2.23M (31%)

Current vs Prior -32.61%

Calls: -24.43%

Puts: -50.42%

Prior 7-Day Total $169.92M

Calls: $124.62M (73%)

Puts: $45.30M (27%)

Prior 7-Day Average $24.27M

Calls: $17.80M (73%)

Puts: $6.47M (27%)

Current vs Prior 7-Day Avg -80.33%

Calls: -79.40%

Puts: -82.91%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/27 1:00pm) 0.35

Prior (10/26) 1.17

Current vs Prior -70.32%

Prior 7-Day Average 0.73

Current vs Prior 7-Day Avg -52.58%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/27 1:00pm) 3,165,782

Calls: 1,965,600 (62%)

Puts: 1,200,182 (38%)

Prior (10/26) 3,222,557

Calls: 2,011,151 (62%)

Puts: 1,211,406 (38%)

Current vs Prior -1.76%

Prior 7-Day Total 23,996,026

Calls: 15,318,935 (64%)

Puts: 8,677,091 (36%)

Prior 7-Day Average 3,428,003

Calls: 2,188,419 (64%)

Puts: 1,239,584 (36%)

Current vs Prior 7-Day Avg -7.65%

Sentiment BEARISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (10/28) | Next (10/30)Expiry (10/30) | Next (11/06)Expiry (11/20) | Next (12/18)

Current 1.02% | 1.76%1.76% | 2.21%2.97% | 4.68%

Prior 1.15% | 1.93%1.93% | 2.34%3.10% | 4.88%

Current vs Prior -11.62% | -8.77%-8.77% | -5.67%-4.26% | -4.17%

Prior 7-Day Avg 1.04% | 1.40%1.25% | 2.30%1.92% | 4.26%

Current vs 7-Day Avg -2.52% | +26.04%+41.35% | -4.17%+54.54% | +9.98%

Prior 7-Day Eod 1.15% | 1.93%1.91% | 2.35%3.10% | 4.90%

Current vs 7-Day Eod -11.62% | -8.77%-7.60% | -6.16%-4.26% | -4.41%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 8.04% | 5.46%

Calls: 6.45% | 6.17%

Puts: 9.62% | 4.76%

Prior 6.25% | 6.07%

Calls: 4.65% | 7.45%

Puts: 7.84% | 4.69%

Current vs Prior +28.64% | -10.05%

Prior 7-Day Avg 7.73% | 4.35%

Calls: 6.86% | 4.86%

Puts: 8.59% | 3.85%

Current vs 7-Day Avg +4.05% | +25.52%

Liquidity Pricy

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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($3.67M) vs puts ($1.11M). Below-average activity with volume down 42% vs prior. Extreme bullish P/C ratio of 0.35 - heavy call buying (92,047 calls vs 31,890 puts). P/C ratio dropping 70% - 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 BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
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 346 of results (avg 3.9%, best 1.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$66.00	Oct 30	15.55	15.70	$15.63	1.0%	--	1.00	50
$67.00	Oct 30	14.55	14.70	$14.63	1.0%	--	1.00	50
$68.00	Oct 30	13.55	13.70	$13.63	1.1%	--	1.00	397
$69.00	Oct 30	12.55	12.70	$12.63	1.2%	--	1.00	159
$70.00	Oct 30	11.55	11.70	$11.63	1.3%	--	1.00	326

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$79.50	Dec 4	0.61	0.62	$0.62	1.6%	63	0.30	157
$80.00	Nov 30	0.58	0.59	$0.59	1.7%	22	0.32	2.3K
$81.00	Dec 4	1.16	1.18	$1.17	1.7%	6	0.49	234
$84.00	Nov 20	2.88	2.93	$2.91	1.7%	50	0.81	6.7K
$80.00	Nov 27	0.56	0.57	$0.56	1.8%	19	0.32	686

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 176 found (avg $0.33, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 28	0.11	0.12	$0.12	8.3%	11.1K	0.27	9.0K
$81.50	Oct 28	0.30	0.32	$0.31	6.5%	653	0.56	2.7K
$83.00	Oct 30	0.06	0.07	$0.07	14.3%	3.7K	0.12	12.3K
$83.00	Nov 2	0.08	0.09	$0.09	11.1%	45	0.12	1.0K
$82.00	Oct 30	0.25	0.26	$0.26	3.8%	21.5K	0.35	92.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 28	0.06	0.07	$0.07	14.3%	4.6K	0.18	2.5K
$81.50	Oct 28	0.19	0.20	$0.20	5.0%	4.5K	0.44	5.6K
$81.00	Oct 30	0.16	0.17	$0.17	5.9%	2.2K	0.27	7.4K
$79.50	Nov 2	0.05	0.06	$0.06	16.7%	5	0.09	1.4K
$82.00	Oct 28	0.49	0.54	$0.52	9.6%	71	0.73	1.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 221 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$71.00	Oct 28	10.50	10.70	$10.60	1.9%	--	1.00	10
$73.50	Oct 28	8.00	8.20	$8.10	2.5%	--	1.00	20
$74.00	Oct 28	7.50	7.70	$7.60	2.6%	--	1.00	150
$74.50	Oct 28	7.00	7.20	$7.10	2.8%	1	1.00	--
$75.00	Oct 28	6.50	6.70	$6.60	3.0%	22	1.00	198

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$90.00	Nov 6	8.60	8.80	$8.70	2.3%	--	0.99	29
$91.00	Nov 6	9.60	9.80	$9.70	2.1%	--	0.99	28
$95.00	Nov 20	13.55	13.80	$13.68	1.8%	10	0.99	18
$92.00	Nov 20	10.55	10.80	$10.68	2.3%	--	0.98	83
$91.00	Nov 20	9.60	9.80	$9.70	2.1%	4	0.98	2.2K

Most actively traded options today. High liquidity = easy entry/exit. 339 active (total vol 122.6K, top 21.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 30	0.25	0.26	$0.26	3.8%	21.5K	0.35	92.9K
$83.00	Nov 30	0.62	0.64	$0.63	3.2%	16.6K	0.31	89.9K
$82.00	Oct 28	0.11	0.12	$0.12	8.3%	11.1K	0.27	9.0K
$82.50	Oct 28	0.04	0.05	$0.05	20.0%	3.9K	0.12	2.9K
$83.00	Oct 30	0.06	0.07	$0.07	14.3%	3.7K	0.12	12.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 28	0.06	0.07	$0.07	14.3%	4.6K	0.18	2.5K
$81.50	Oct 28	0.19	0.20	$0.20	5.0%	4.5K	0.44	5.6K
$80.50	Oct 28	0.02	0.03	$0.03	33.3%	4.0K	0.07	2.6K
$81.00	Oct 30	0.16	0.17	$0.17	5.9%	2.2K	0.27	7.4K
$81.00	Nov 4	0.46	0.48	$0.47	4.3%	1.7K	0.42	947

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 15.2%, max 26.8%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Oct 28	Dec 4	14.3%	11.3%	26.8%	113	1.6K
$82.00	Oct 28	Dec 4	15.1%	13.9%	8.0%	11.2K	9.1K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Oct 28	Dec 4	14.3%	11.3%	26.8%	4.6K	2.7K
$82.00	Oct 28	Dec 4	15.1%	13.9%	8.0%	71	1.5K
$83.50	Nov 6	Nov 13	15.6%	14.6%	6.3%	--	161

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 94 found (best R:R 0.59, avg 2.08)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$80.00	$81.00	Nov 30	$0.63	$0.37	$0.63	72%	0.59	$80.63
$80.50	$81.00	Nov 13	$0.30	$0.20	$0.30	69%	0.67	$80.80
$83.00	$84.00	Nov 27	$0.21	$0.79	$0.21	30%	3.76	$83.21
$80.00	$80.50	Nov 27	$0.33	$0.17	$0.33	72%	0.52	$80.33
$84.00	$85.00	Nov 30	$0.14	$0.86	$0.14	22%	6.14	$84.14

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$80.00	$79.50	Nov 20	$0.11	$0.39	$0.11	30%	3.55	$79.89
$80.00	$79.50	Nov 27	$0.12	$0.38	$0.12	32%	3.17	$79.88
$82.00	$81.00	Nov 30	$0.51	$0.49	$0.51	58%	0.96	$81.49
$80.50	$80.00	Nov 20	$0.15	$0.35	$0.15	37%	2.33	$80.35
$81.00	$80.00	Nov 30	$0.36	$0.64	$0.36	46%	1.78	$80.64

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 57 found (best R:R 0.23, avg 0.46)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$83.00	Oct 30	$0.19	$0.19	$0.81	65%	0.23	$82.19
$82.00	$83.00	Nov 30	$0.36	$0.36	$0.64	58%	0.56	$82.36
$82.00	$82.50	Dec 4	$0.20	$0.20	$0.30	58%	0.67	$82.20
$82.00	$82.50	Nov 2	$0.12	$0.12	$0.38	68%	0.32	$82.12
$83.00	$83.50	Dec 4	$0.14	$0.14	$0.36	69%	0.39	$83.14

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Oct 30	$0.12	$0.12	$0.88	73%	0.14	$80.88
$81.50	$81.00	Nov 2	$0.24	$0.24	$0.26	46%	0.92	$81.26
$81.00	$80.00	Nov 9	$0.32	$0.32	$0.68	56%	0.47	$80.68
$81.50	$81.00	Nov 4	$0.25	$0.25	$0.25	46%	1.00	$81.25
$80.00	$79.00	Nov 11	$0.17	$0.17	$0.83	74%	0.20	$79.83

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.27, cheapest $0.18)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Oct 28	Nov 2	$0.18	13.5%	12.7%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Oct 28	Nov 2	$0.36	13.5%	12.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 183 found (cheapest 0.62% of stock, avg 4.66%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Oct 28	$0.31	$0.20	$0.51	$80.99	$82.01	0.62%
$82.00	Oct 28	$0.12	$0.52	$0.64	$81.36	$82.64	0.78%
$81.00	Oct 28	$0.67	$0.07	$0.74	$80.26	$81.74	0.91%
$82.00	Oct 30	$0.26	$0.63	$0.89	$81.11	$82.89	1.09%
$81.00	Oct 30	$0.81	$0.17	$0.98	$80.02	$81.98	1.20%
$82.50	Oct 28	$0.05	$0.96	$1.01	$81.49	$83.51	1.24%
$81.50	Nov 2	$0.49	$0.56	$1.05	$80.45	$82.55	1.29%
$81.00	Nov 2	$0.81	$0.32	$1.13	$79.87	$82.13	1.38%
$80.50	Oct 28	$1.13	$0.03	$1.16	$79.34	$81.66	1.42%
$82.00	Nov 2	$0.27	$0.92	$1.19	$80.81	$83.19	1.46%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 238 found (cheapest 0.10% of stock, avg 1.08%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$80.50	Oct 28	$0.05	$0.03	$0.08	$80.42	$82.58
$83.50	$79.00	Nov 2	$0.05	$0.04	$0.09	$78.91	$83.59
$83.50	$79.50	Nov 2	$0.05	$0.06	$0.11	$79.39	$83.61
$83.00	$80.00	Oct 30	$0.07	$0.05	$0.12	$79.88	$83.12
$82.50	$81.00	Oct 28	$0.05	$0.07	$0.12	$80.88	$82.62
$83.00	$79.00	Nov 2	$0.09	$0.04	$0.13	$78.87	$83.13
$85.00	$78.00	Nov 9	$0.08	$0.07	$0.15	$77.85	$85.15
$83.50	$80.00	Nov 2	$0.05	$0.09	$0.14	$79.86	$83.64
$83.00	$79.50	Nov 2	$0.09	$0.06	$0.15	$79.35	$83.15
$83.00	$80.00	Nov 2	$0.09	$0.09	$0.18	$79.82	$83.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 13 found (best R:R 1.17, avg credit $0.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
79/80	83/84	Dec 4	$0.27	$0.23	39%	1.17	$79.23	$83.27
79/80	84/84	Dec 4	$0.23	$0.27	44%	0.85	$79.27	$83.73
80/80	82/83	Nov 13	$0.23	$0.27	41%	0.85	$79.77	$82.73
80/80	83/84	Nov 20	$0.22	$0.28	42%	0.79	$79.78	$83.22
80/80	82/83	Nov 20	$0.25	$0.25	36%	1.00	$79.75	$82.75
78/79	84/85	Nov 30	$0.28	$0.72	57%	0.39	$78.72	$84.28
78/79	83/84	Nov 30	$0.36	$0.64	48%	0.56	$78.64	$83.36
79/80	84/85	Nov 30	$0.37	$0.63	46%	0.59	$79.63	$84.37
79/80	83/84	Nov 30	$0.45	$0.55	37%	0.82	$79.55	$83.45
79/80	83/84	Nov 9	$0.27	$0.73	54%	0.37	$79.73	$83.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 84 found (best R:R 15.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$78.00	$79.00	$80.00	Nov 30	$0.06	$0.94	23%	15.67
$81.00	$82.00	$83.00	Oct 30	$0.36	$0.64	61%	1.78
$80.00	$81.00	$82.00	Oct 30	$0.31	$0.69	56%	2.23
$80.00	$81.00	$82.00	Nov 30	$0.13	$0.87	30%	6.69
$80.50	$81.00	$81.50	Nov 2	$0.08	$0.42	39%	5.25

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$82.00	$83.00	Oct 30	$0.37	$0.63	61%	1.70
$82.00	$83.00	$84.00	Oct 30	$0.13	$0.87	31%	6.69
$79.00	$80.00	$81.00	Oct 30	$0.09	$0.91	24%	10.11
$80.00	$81.00	$82.00	Oct 30	$0.34	$0.66	56%	1.94
$80.50	$81.00	$81.50	Oct 28	$0.09	$0.41	37%	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. 157 found (best net $-2.63, 145 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$67.00	$73.00	1:2	Nov 30	-$2.63	$3.37
$79.00	$80.00	1:2	Oct 30	-$0.68	$0.32
$80.50	$81.00	1:2	Oct 28	-$0.21	$0.29
$82.00	$83.00	1:2	Nov 11	-$0.05	$0.95
$81.50	$82.00	1:2	Nov 2	-$0.05	$0.45

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$85.00	$83.00	1:2	Nov 27	-$0.41	$1.59
$83.00	$82.00	1:2	Nov 4	-$0.23	$0.77
$84.00	$83.00	1:2	Oct 30	-$0.50	$0.50
$82.00	$81.00	1:2	Nov 9	-$0.05	$0.95
$82.50	$82.00	1:2	Oct 28	-$0.08	$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 70 found (best yield 1.26%, avg 0.38%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Dec 4	$1.03	0.41	0.5%	1.26%	1.75%	69	85
$82.50	Dec 4	$0.83	0.36	1.1%	1.02%	2.12%	10	52
$82.00	Nov 30	$0.97	0.42	0.5%	1.19%	1.68%	26	7.1K
$82.00	Nov 27	$0.94	0.42	0.5%	1.15%	1.64%	30	1.9K
$83.00	Dec 4	$0.67	0.31	1.7%	0.82%	2.54%	31	222
$82.50	Nov 27	$0.75	0.36	1.1%	0.92%	2.02%	19	768
$83.00	Nov 30	$0.62	0.31	1.7%	0.76%	2.48%	16.6K	89.9K
$83.50	Dec 4	$0.54	0.26	2.3%	0.66%	2.99%	3	49
$83.00	Nov 27	$0.59	0.30	1.7%	0.72%	2.44%	21	4.5K
$82.00	Nov 20	$0.81	0.41	0.5%	0.99%	1.48%	913	43.6K

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 92,047

Total Puts 31,890

Put/Call Ratio 0.35

Net Difference 60,157

Prior's Put/Call Breakdown

Total Calls 98,481

Total Puts 114,954

Put/Call Ratio 1.17

Net Difference -16,473

Prior 7-Day Put/Call Summary

Total Calls 1,976,336

Total Puts 1,175,541

Average Put/Call Ratio 0.73

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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