TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.54 -0.17%

(10/27 13:00) ◀

Tuesday, October 27, 2026 (2:00pm)

▶ (10/27 15:00)

◀ 10/27 14:00 ▶

Option Volume

Detail

ℹ

Current (10/27 2:00pm) 134,684

Calls: 98,790 (73%)

Puts: 35,894 (27%)

Prior (10/26) 240,678

Calls: 114,012 (47%)

Puts: 126,666 (53%)

Current vs Prior -44.04%

Calls: -13.35% (Calls)

Puts: -71.66% (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 -70.09%

Calls: -65.01%

Puts: -78.63%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/27 2:00pm) $5.53M

Calls: $4.22M (76%)

Puts: $1.31M (24%)

Prior (10/26) $7.95M

Calls: $5.56M (70%)

Puts: $2.39M (30%)

Current vs Prior -30.46%

Calls: -24.18%

Puts: -45.07%

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 -77.21%

Calls: -76.31%

Puts: -79.71%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/27 2:00pm) 0.36

Prior (10/26) 1.11

Current vs Prior -67.30%

Prior 7-Day Average 0.73

Current vs Prior 7-Day Avg -50.28%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/27 2:00pm) 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 1.03% | 1.75%1.75% | 2.20%3.00% | 4.73%

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

Current vs Prior -10.48% | -9.34%-9.34% | -6.12%-3.00% | -3.09%

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

Current vs 7-Day Avg -1.28% | +25.26%+40.46% | -4.64%+56.57% | +11.22%

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

Current vs 7-Day Eod -10.48% | -9.34%-8.18% | -6.61%-3.00% | -3.33%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 20.18% | 6.92%

Calls: 29.03% | 7.69%

Puts: 11.32% | 6.15%

Prior 6.25% | 6.07%

Calls: 4.65% | 7.45%

Puts: 7.84% | 4.69%

Current vs Prior +222.88% | +14.00%

Prior 7-Day Avg 7.73% | 4.35%

Calls: 6.86% | 4.86%

Puts: 8.59% | 3.85%

Current vs 7-Day Avg +161.16% | +59.08%

Liquidity Pricy

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🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($4.22M) vs puts ($1.31M). Below-average activity with volume down 44% vs prior. Extreme bullish P/C ratio of 0.36 - heavy call buying (98,790 calls vs 35,894 puts). P/C ratio dropping 67% - 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
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 266 of results (avg 5.3%, best 1.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Nov 6	1.68	1.70	$1.69	1.2%	909	0.83	4.3K
$66.00	Oct 30	15.50	15.70	$15.60	1.3%	--	0.99	50
$67.00	Oct 30	14.50	14.70	$14.60	1.4%	--	0.99	50
$71.00	Oct 28	10.50	10.65	$10.58	1.4%	--	0.98	10
$68.00	Oct 30	13.50	13.70	$13.60	1.5%	--	0.99	397

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$91.00	Nov 6	9.60	9.80	$9.70	2.1%	--	0.99	28
$90.00	Nov 6	8.60	8.80	$8.70	2.3%	--	0.99	29
$90.00	Nov 13	8.60	8.80	$8.70	2.3%	--	0.98	43
$80.50	Nov 6	0.39	0.40	$0.40	2.5%	910	0.33	1.4K
$87.00	Nov 6	5.65	5.80	$5.73	2.6%	--	0.97	310

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 153 found (avg $0.35, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 30	0.06	0.07	$0.07	14.3%	3.8K	0.12	12.3K
$82.00	Oct 30	0.23	0.25	$0.24	8.3%	21.6K	0.34	92.9K
$82.50	Nov 2	0.14	0.15	$0.15	6.7%	2.4K	0.20	566
$81.00	Oct 28	0.61	0.68	$0.65	10.8%	125	0.82	1.5K
$82.00	Nov 2	0.26	0.28	$0.27	7.4%	345	0.32	1.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.00	Oct 28	0.06	0.07	$0.07	14.3%	4.7K	0.18	2.5K
$81.50	Oct 28	0.21	0.23	$0.22	9.1%	4.7K	0.45	5.6K
$81.00	Oct 30	0.18	0.19	$0.19	5.3%	2.3K	0.29	7.4K
$79.50	Nov 2	0.05	0.06	$0.06	16.7%	5	0.09	1.4K
$80.00	Nov 2	0.09	0.10	$0.10	10.0%	127	0.14	1.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 223 found (avg delta 0.89, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Nov 2	4.50	4.70	$4.60	4.3%	--	1.00	10
$77.50	Nov 2	4.05	4.20	$4.13	3.6%	15	1.00	342
$78.00	Nov 2	3.55	3.70	$3.63	4.1%	6	1.00	8
$78.50	Nov 2	3.05	3.20	$3.13	4.8%	--	1.00	19
$79.00	Nov 2	2.54	2.69	$2.62	5.7%	1	1.00	312

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Oct 28	3.35	3.50	$3.43	4.4%	1	1.00	1
$85.00	Oct 30	3.35	3.50	$3.43	4.4%	--	1.00	10
$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	11.60	15.75	$13.68	30.3%	10	0.99	18

Most actively traded options today. High liquidity = easy entry/exit. 353 active (total vol 133.4K, top 21.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 30	0.23	0.25	$0.24	8.3%	21.6K	0.34	92.9K
$83.00	Nov 30	0.61	0.64	$0.63	4.8%	16.6K	0.30	89.9K
$82.00	Oct 28	0.09	0.12	$0.11	27.3%	11.2K	0.26	9.0K
$82.50	Oct 28	0.03	0.04	$0.04	25.0%	4.1K	0.10	2.9K
$83.00	Oct 30	0.06	0.07	$0.07	14.3%	3.8K	0.12	12.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Oct 28	0.21	0.23	$0.22	9.1%	4.7K	0.45	5.6K
$81.00	Oct 28	0.06	0.07	$0.07	14.3%	4.7K	0.18	2.5K
$80.50	Oct 28	0.02	0.03	$0.03	33.3%	4.0K	0.07	2.6K
$81.00	Oct 30	0.18	0.19	$0.19	5.3%	2.3K	0.29	7.4K
$81.00	Nov 4	0.47	0.51	$0.49	8.2%	1.7K	0.41	947

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 11.0%, max 31.1%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Oct 28	Dec 4	14.4%	11.0%	31.1%	125	1.6K
$82.00	Oct 28	Dec 4	14.8%	14.4%	2.9%	11.3K	9.1K
$81.50	Oct 28	Dec 4	14.3%	14.1%	1.8%	1.1K	2.9K

PUTS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.00	Oct 28	Dec 4	14.4%	11.0%	31.1%	4.7K	2.7K
$83.50	Nov 6	Nov 13	15.4%	14.6%	5.6%	--	161
$82.00	Oct 28	Dec 4	14.8%	14.4%	2.9%	71	1.5K
$81.50	Oct 28	Dec 4	14.3%	14.1%	1.8%	4.7K	6.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 100 found (best R:R 1.08, avg 2.02)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$74.00	$75.00	Nov 30	$0.48	$0.52	$0.48	100%	1.08	$74.48
$80.00	$80.50	Nov 4	$0.30	$0.20	$0.30	85%	0.67	$80.30
$80.50	$81.00	Nov 13	$0.25	$0.25	$0.25	68%	1.00	$80.75
$80.00	$80.50	Nov 27	$0.28	$0.22	$0.28	71%	0.79	$80.28
$81.50	$82.00	Dec 4	$0.18	$0.32	$0.18	47%	1.78	$81.68

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$82.50	$82.00	Nov 2	$0.32	$0.18	$0.32	80%	0.56	$82.18
$82.50	$82.00	Nov 6	$0.29	$0.21	$0.29	73%	0.72	$82.21
$81.00	$80.50	Dec 4	$0.17	$0.33	$0.17	49%	1.94	$80.83
$82.50	$82.00	Dec 4	$0.26	$0.24	$0.26	64%	0.92	$82.24
$81.50	$81.00	Nov 20	$0.20	$0.30	$0.20	52%	1.50	$81.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 59 found (best R:R 0.52, avg 0.46)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$82.00	$82.50	Dec 4	$0.22	$0.22	$0.28	58%	0.79	$82.22
$82.50	$83.00	Dec 4	$0.19	$0.19	$0.31	64%	0.61	$82.69
$82.00	$82.50	Nov 4	$0.16	$0.16	$0.34	64%	0.47	$82.16
$82.00	$83.00	Oct 30	$0.17	$0.17	$0.83	66%	0.20	$82.17
$82.00	$83.00	Nov 30	$0.36	$0.36	$0.64	58%	0.56	$82.36

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Nov 9	$0.34	$0.34	$0.66	57%	0.52	$80.66
$81.00	$80.50	Nov 13	$0.23	$0.23	$0.27	55%	0.85	$80.77
$81.00	$80.00	Oct 30	$0.14	$0.14	$0.86	71%	0.16	$80.86
$80.00	$79.00	Nov 11	$0.19	$0.19	$0.81	74%	0.23	$79.81
$81.50	$81.00	Oct 28	$0.15	$0.15	$0.35	55%	0.43	$81.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.28, cheapest $0.17)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Oct 28	Nov 2	$0.17	14.3%	13.1%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.50	Oct 28	Nov 2	$0.38	14.3%	13.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 185 found (cheapest 0.65% of stock, avg 4.65%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Oct 28	$0.31	$0.22	$0.53	$80.97	$82.03	0.65%
$82.00	Oct 28	$0.11	$0.53	$0.64	$81.36	$82.64	0.78%
$81.00	Oct 28	$0.65	$0.07	$0.72	$80.28	$81.72	0.88%
$82.00	Oct 30	$0.24	$0.65	$0.89	$81.11	$82.89	1.09%
$81.00	Oct 30	$0.78	$0.19	$0.97	$80.03	$81.97	1.19%
$82.50	Oct 28	$0.04	$0.96	$1.00	$81.50	$83.50	1.23%
$81.50	Nov 2	$0.48	$0.60	$1.08	$80.42	$82.58	1.32%
$81.00	Nov 2	$0.77	$0.35	$1.12	$79.88	$82.12	1.37%
$80.50	Oct 28	$1.11	$0.03	$1.14	$79.36	$81.64	1.40%
$82.00	Nov 2	$0.27	$0.93	$1.20	$80.80	$83.20	1.47%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 238 found (cheapest 0.09% of stock, avg 1.09%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$80.50	Oct 28	$0.04	$0.03	$0.07	$80.43	$82.57
$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
$82.50	$81.00	Oct 28	$0.04	$0.07	$0.11	$80.89	$82.61
$83.00	$80.00	Oct 30	$0.07	$0.05	$0.12	$79.88	$83.12
$83.00	$79.00	Nov 2	$0.08	$0.04	$0.12	$78.88	$83.12
$83.00	$79.50	Nov 2	$0.08	$0.06	$0.14	$79.36	$83.14
$85.00	$78.00	Nov 9	$0.08	$0.07	$0.15	$77.85	$85.15
$83.50	$80.00	Nov 2	$0.05	$0.10	$0.15	$79.85	$83.65
$82.00	$80.50	Oct 28	$0.11	$0.03	$0.14	$80.36	$82.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 17 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	$0.24	$0.26	44%	0.92	$79.26	$83.74
79/80	83/84	Nov 20	$0.22	$0.28	47%	0.79	$79.28	$83.22
79/80	82/83	Nov 20	$0.24	$0.26	41%	0.92	$79.26	$82.74
80/80	83/84	Nov 20	$0.24	$0.26	41%	0.92	$79.76	$83.24
80/80	82/83	Nov 13	$0.24	$0.26	40%	0.92	$79.76	$82.74
80/80	82/83	Nov 6	$0.24	$0.26	40%	0.92	$80.26	$82.74
80/80	82/83	Nov 20	$0.26	$0.24	35%	1.08	$79.74	$82.76
78/79	84/85	Nov 30	$0.29	$0.71	57%	0.41	$78.71	$84.29
78/79	83/84	Nov 30	$0.38	$0.62	48%	0.61	$78.62	$83.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 104 found (best R:R 5.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$79.00	$80.00	$81.00	Oct 30	$0.07	$0.93	26%	13.29
$80.00	$81.00	$82.00	Nov 30	$0.09	$0.91	29%	10.11
$81.00	$82.00	$83.00	Oct 30	$0.37	$0.63	60%	1.70
$82.00	$83.00	$84.00	Oct 30	$0.13	$0.87	30%	6.69
$81.00	$81.50	$82.00	Oct 28	$0.14	$0.36	55%	2.57

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Nov 9	$0.15	$0.85	39%	5.67
$80.00	$81.00	$82.00	Oct 30	$0.32	$0.68	58%	2.12
$81.00	$82.00	$83.00	Oct 30	$0.36	$0.64	60%	1.78
$78.00	$79.00	$80.00	Nov 30	$0.06	$0.94	18%	15.67
$79.00	$80.00	$81.00	Oct 30	$0.11	$0.89	26%	8.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 169 found (best net $-2.63, 154 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$67.00	$73.00	1:2	Nov 30	-$2.63	$3.37
$81.00	$82.00	1:2	Nov 9	$0.00	$1.00
$79.00	$80.00	1:2	Oct 30	-$0.71	$0.29
$80.50	$81.00	1:2	Oct 28	-$0.19	$0.31
$83.00	$84.00	1:2	Nov 9	$0.00	$1.00

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$85.00	$83.00	1:2	Nov 27	-$0.39	$1.61
$84.00	$83.00	1:2	Oct 30	-$0.50	$0.50
$82.00	$81.00	1:2	Nov 9	-$0.11	$0.89
$82.50	$82.00	1:2	Oct 28	-$0.10	$0.40
$90.00	$87.00	1:2	Nov 6	-$2.76	$0.24

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 70 found (best yield 1.25%, avg 0.38%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Dec 4	$1.02	0.41	0.6%	1.25%	1.82%	71	85
$82.50	Dec 4	$0.82	0.36	1.2%	1.01%	2.18%	10	52
$82.00	Nov 30	$0.96	0.42	0.6%	1.18%	1.74%	116	7.1K
$82.00	Nov 27	$0.93	0.42	0.6%	1.14%	1.70%	70	1.9K
$83.00	Dec 4	$0.66	0.30	1.8%	0.81%	2.60%	31	222
$82.50	Nov 27	$0.74	0.36	1.2%	0.91%	2.08%	19	768
$83.00	Nov 30	$0.61	0.30	1.8%	0.75%	2.54%	16.6K	89.9K
$83.50	Dec 4	$0.53	0.26	2.4%	0.65%	3.05%	3	49
$83.00	Nov 27	$0.59	0.30	1.8%	0.72%	2.51%	177	4.5K
$82.00	Nov 20	$0.81	0.41	0.6%	0.99%	1.56%	976	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 98,790

Total Puts 35,894

Put/Call Ratio 0.36

Net Difference 62,896

Prior's Put/Call Breakdown

Total Calls 114,012

Total Puts 126,666

Put/Call Ratio 1.11

Net Difference -12,654

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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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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