TLT - Options Database

TLT

iShares 20+ Year Treasury Bond ETF

$81.72 +0.10%

(10/27 18:57) ◀

Wednesday, October 28, 2026 (10:00am)

▶ (10/28 11:00)

◀ 10/28 10:00 ▶

Option Volume

Detail

ℹ

Current (10/28 10:00am) 20,858

Calls: 12,794 (61%)

Puts: 8,064 (39%)

Prior (10/27) 25,624

Calls: 18,338 (72%)

Puts: 7,286 (28%)

Current vs Prior -18.60%

Calls: -30.23% (Calls)

Puts: +10.68% (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 -95.37%

Calls: -95.47%

Puts: -95.20%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/28 10:00am) $931.2K

Calls: $707.2K (76%)

Puts: $224.0K (24%)

Prior (10/27) $757.1K

Calls: $551.0K (73%)

Puts: $206.1K (27%)

Current vs Prior +23.00%

Calls: +28.35%

Puts: +8.69%

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 -96.16%

Calls: -96.03%

Puts: -96.54%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/28 10:00am) 0.63

Prior (10/27) 0.40

Current vs Prior +58.64%

Prior 7-Day Average 0.73

Current vs Prior 7-Day Avg -13.74%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/28 10:00am) 3,188,835

Calls: 1,978,192 (62%)

Puts: 1,210,643 (38%)

Prior (10/27) 3,165,782

Calls: 1,965,600 (62%)

Puts: 1,200,182 (38%)

Current vs Prior +0.73%

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 -6.98%

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 0.82% | 1.69%1.69% | 2.07%2.85% | 4.61%

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

Current vs Prior -28.76% | -12.70%-12.70% | -11.56%-7.95% | -5.56%

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

Current vs 7-Day Avg -21.43% | +20.61%+35.26% | -10.16%+48.57% | +8.38%

Prior 7-Day Eod 1.15% | 1.93%1.75% | 2.19%2.93% | 4.67%

Current vs 7-Day Eod -28.76% | -12.70%-3.60% | -5.69%-2.62% | -1.16%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 13.39% | 6.39%

Calls: 12.50% | 6.90%

Puts: 14.29% | 5.88%

Prior 6.25% | 6.07%

Calls: 4.65% | 7.45%

Puts: 7.84% | 4.69%

Current vs Prior +114.24% | +5.27%

Prior 7-Day Avg 7.73% | 4.35%

Calls: 6.86% | 4.86%

Puts: 8.59% | 3.85%

Current vs 7-Day Avg +73.29% | +46.90%

Liquidity Pricy

Add Card

🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($707.2K) vs puts ($224.0K). Bullish P/C ratio of 0.63. P/C ratio rising 59% - increased hedging/bearish positioning. Call-heavy open interest (1,978,192 calls vs 1,210,643 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 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
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 340 of results (avg 3.9%, best 0.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Nov 20	1.06	1.07	$1.07	0.9%	1.6K	0.50	2.7K
$82.00	Nov 30	1.00	1.01	$1.00	1.0%	21	0.43	7.2K
$68.00	Oct 30	13.65	13.80	$13.73	1.1%	--	1.00	397
$69.00	Oct 30	12.65	12.80	$12.73	1.2%	--	1.00	159
$82.00	Nov 20	0.83	0.84	$0.84	1.2%	92	0.43	43.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Dec 4	1.60	1.62	$1.61	1.2%	25	0.58	33
$95.00	Nov 20	13.45	13.65	$13.55	1.5%	--	0.99	23
$80.50	Nov 27	0.66	0.67	$0.67	1.5%	4	0.36	381
$81.50	Dec 4	1.33	1.35	$1.34	1.5%	20	0.53	461
$95.00	Oct 28	13.20	13.40	$13.30	1.5%	3	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 165 found (avg $0.33, cheapest $0.08)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Oct 28	0.07	0.08	$0.08	12.5%	702	0.28	5.5K
$81.50	Oct 28	0.30	0.34	$0.32	12.5%	82	0.70	2.3K
$83.00	Oct 30	0.05	0.06	$0.06	16.7%	251	0.11	18.7K
$83.00	Nov 2	0.06	0.07	$0.07	14.3%	1	0.11	1.1K
$82.00	Oct 30	0.24	0.26	$0.25	8.0%	764	0.39	91.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$81.50	Oct 28	0.09	0.10	$0.10	10.0%	1.1K	0.30	5.6K
$82.00	Oct 28	0.32	0.37	$0.35	14.3%	30	0.73	1.4K
$81.00	Oct 30	0.10	0.11	$0.11	9.1%	762	0.20	8.7K
$80.00	Nov 2	0.06	0.07	$0.07	14.3%	4	0.11	1.2K
$80.50	Nov 2	0.11	0.12	$0.12	8.3%	48	0.18	1.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 245 found (avg delta 0.90, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Nov 2	4.65	4.90	$4.78	5.2%	--	1.00	10
$77.50	Nov 2	4.15	4.40	$4.28	5.8%	--	1.00	357
$78.00	Nov 2	3.65	3.90	$3.78	6.6%	--	1.00	14
$78.50	Nov 2	3.15	3.40	$3.28	7.6%	1	1.00	19
$79.00	Nov 2	2.69	2.85	$2.77	5.8%	--	1.00	312

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$83.00	Oct 28	1.22	1.36	$1.29	10.9%	--	1.00	12
$84.00	Oct 28	2.19	2.36	$2.28	7.5%	10	1.00	--
$84.50	Oct 28	2.69	2.86	$2.78	6.1%	10	1.00	--
$85.00	Oct 28	3.15	3.40	$3.28	7.6%	2	1.00	--
$86.00	Oct 28	4.20	4.40	$4.30	4.7%	2	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 237 active (total vol 20.8K, top 5.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$84.00	Nov 20	0.29	0.30	$0.30	3.3%	5.0K	0.19	90.5K
$81.50	Nov 20	1.06	1.07	$1.07	0.9%	1.6K	0.50	2.7K
$84.00	Oct 30	0.01	0.02	$0.02	50.0%	1.0K	0.03	9.3K
$82.00	Nov 6	0.46	0.48	$0.47	4.3%	839	0.39	24.1K
$82.00	Oct 30	0.24	0.26	$0.25	8.0%	764	0.39	91.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Oct 30	0.02	0.03	$0.03	33.3%	1.9K	0.05	28.7K
$81.50	Oct 28	0.09	0.10	$0.10	10.0%	1.1K	0.30	5.6K
$81.00	Oct 30	0.10	0.11	$0.11	9.1%	762	0.20	8.7K
$78.00	Oct 30	0.00	0.01	$0.01	100.0%	607	0.01	21.2K
$82.00	Oct 30	0.49	0.52	$0.51	5.9%	561	0.61	3.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 47.5%, max 48.0%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Oct 28	Dec 4	20.7%	14.0%	48.0%	83	2.5K
$82.00	Oct 28	Dec 4	20.3%	13.8%	46.9%	703	5.6K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$81.50	Oct 28	Dec 4	20.7%	14.0%	48.0%	1.1K	6.1K
$82.00	Oct 28	Dec 4	20.3%	13.8%	46.9%	55	1.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 92 found (best R:R 1.17, avg 2.13)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$76.50	$78.00	Dec 4	$0.69	$0.81	$0.69	100%	1.17	$77.19
$81.00	$82.00	Oct 30	$0.62	$0.38	$0.62	80%	0.61	$81.62
$80.00	$81.00	Dec 4	$0.65	$0.35	$0.65	72%	0.54	$80.65
$84.00	$85.00	Nov 30	$0.14	$0.86	$0.14	22%	6.14	$84.14
$83.00	$83.50	Nov 20	$0.11	$0.39	$0.11	29%	3.55	$83.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$81.00	$80.00	Nov 30	$0.33	$0.67	$0.33	44%	2.03	$80.67
$79.00	$78.00	Nov 30	$0.12	$0.88	$0.12	20%	7.33	$78.88
$81.00	$80.50	Nov 27	$0.18	$0.32	$0.18	43%	1.78	$80.82
$80.00	$79.50	Dec 4	$0.14	$0.36	$0.14	34%	2.57	$79.86
$80.50	$80.00	Nov 20	$0.14	$0.36	$0.14	35%	2.57	$80.36

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 54 found (best R:R 0.07, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$87.00	Nov 11	$0.26	$0.26	$3.74	76%	0.07	$83.26
$82.00	$83.00	Oct 30	$0.19	$0.19	$0.81	61%	0.23	$82.19
$82.00	$83.00	Nov 11	$0.30	$0.30	$0.70	60%	0.43	$82.30
$82.00	$83.00	Nov 30	$0.37	$0.37	$0.63	56%	0.59	$82.37
$82.00	$82.50	Nov 20	$0.20	$0.20	$0.30	57%	0.67	$82.20

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$81.50	$81.00	Nov 2	$0.22	$0.22	$0.28	51%	0.79	$81.28
$81.00	$80.50	Nov 2	$0.13	$0.13	$0.37	68%	0.35	$80.87
$81.00	$80.00	Nov 9	$0.29	$0.29	$0.71	59%	0.41	$80.71
$80.00	$79.00	Nov 9	$0.13	$0.13	$0.87	78%	0.15	$79.87
$81.00	$80.50	Nov 4	$0.16	$0.16	$0.34	62%	0.47	$80.84

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 186 found (cheapest 0.51% of stock, avg 4.52%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$81.50	Oct 28	$0.32	$0.10	$0.42	$81.08	$81.92	0.51%
$82.00	Oct 28	$0.08	$0.35	$0.43	$81.57	$82.43	0.53%
$82.00	Oct 30	$0.25	$0.51	$0.76	$81.24	$82.76	0.93%
$81.00	Oct 28	$0.75	$0.03	$0.78	$80.22	$81.78	0.95%
$82.50	Oct 28	$0.02	$0.78	$0.80	$81.70	$83.30	0.98%
$81.00	Oct 30	$0.87	$0.11	$0.98	$80.02	$81.98	1.20%
$81.50	Nov 2	$0.52	$0.47	$0.99	$80.51	$82.49	1.21%
$82.00	Nov 2	$0.27	$0.78	$1.05	$80.95	$83.05	1.28%
$81.00	Nov 2	$0.88	$0.25	$1.13	$79.87	$82.13	1.38%
$81.50	Nov 4	$0.61	$0.62	$1.23	$80.27	$82.73	1.51%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 221 found (cheapest 0.06% of stock, avg 0.97%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$82.50	$81.00	Oct 28	$0.02	$0.03	$0.05	$80.95	$82.55
$83.50	$79.50	Nov 2	$0.04	$0.04	$0.08	$79.42	$83.58
$83.00	$80.00	Oct 30	$0.06	$0.03	$0.09	$79.91	$83.09
$83.50	$80.00	Nov 2	$0.04	$0.07	$0.11	$79.89	$83.61
$83.00	$79.50	Nov 2	$0.07	$0.04	$0.11	$79.39	$83.11
$84.00	$79.00	Nov 4	$0.06	$0.06	$0.12	$78.88	$84.12
$82.00	$81.00	Oct 28	$0.08	$0.03	$0.11	$80.89	$82.11
$83.00	$80.00	Nov 2	$0.07	$0.07	$0.14	$79.86	$83.14
$84.00	$79.50	Nov 4	$0.06	$0.09	$0.15	$79.35	$84.15
$83.50	$79.00	Nov 4	$0.09	$0.06	$0.15	$78.85	$83.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 16 found (best R:R 1.08, 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	$0.26	$0.24	40%	1.08	$79.24	$83.26
79/80	84/84	Dec 4	$0.23	$0.27	45%	0.85	$79.27	$83.73
80/80	83/84	Dec 4	$0.28	$0.22	34%	1.27	$79.72	$83.28
80/80	84/84	Dec 4	$0.25	$0.25	39%	1.00	$79.75	$83.75
80/80	82/83	Nov 13	$0.27	$0.23	34%	1.17	$80.23	$82.77
80/80	83/84	Nov 20	$0.22	$0.28	43%	0.79	$79.78	$83.22
80/80	83/84	Nov 20	$0.25	$0.25	36%	1.00	$80.25	$83.25
80/80	82/83	Nov 6	$0.21	$0.29	43%	0.72	$80.29	$82.71
78/79	83/84	Nov 30	$0.36	$0.64	49%	0.56	$78.64	$83.36
78/79	84/85	Nov 30	$0.26	$0.74	59%	0.35	$78.74	$84.26

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 85 found (best R:R 1.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$80.00	$81.00	$82.00	Oct 30	$0.30	$0.70	55%	2.33
$81.00	$82.00	$83.00	Oct 30	$0.43	$0.57	68%	1.33
$82.00	$83.00	$84.00	Oct 30	$0.15	$0.85	36%	5.67
$80.50	$81.00	$81.50	Nov 2	$0.07	$0.43	40%	6.14
$78.00	$79.00	$80.00	Nov 30	$0.08	$0.92	22%	11.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$81.00	$82.00	$83.00	Oct 30	$0.40	$0.60	69%	1.50
$80.00	$81.00	$82.00	Oct 30	$0.32	$0.68	56%	2.12
$81.50	$82.00	$82.50	Oct 28	$0.18	$0.32	65%	1.78
$82.00	$83.00	$84.00	Oct 30	$0.17	$0.83	36%	4.88
$81.00	$81.50	$82.00	Oct 28	$0.18	$0.32	64%	1.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 148 found (best net $-2.81, 132 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$67.00	$73.00	1:2	Nov 30	-$2.81	$3.19
$82.00	$83.00	1:2	Nov 11	$0.00	$1.00
$80.50	$81.00	1:2	Oct 28	-$0.27	$0.23
$79.00	$80.00	1:2	Oct 30	-$0.79	$0.21
$81.00	$81.50	1:2	Nov 2	-$0.16	$0.34

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$85.00	$83.00	1:2	Nov 27	-$0.32	$1.68
$84.00	$83.00	1:2	Oct 28	-$0.30	$0.70
$84.00	$83.00	1:2	Oct 30	-$0.34	$0.66
$82.00	$81.00	1:2	Nov 9	$0.00	$1.00
$90.00	$87.00	1:2	Nov 6	-$2.63	$0.37

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 62 found (best yield 1.28%, avg 0.40%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$82.00	Dec 4	$1.05	0.43	0.3%	1.28%	1.63%	1	149
$82.50	Dec 4	$0.85	0.37	0.9%	1.04%	1.99%	1	69
$82.00	Nov 30	$1.00	0.43	0.3%	1.22%	1.57%	21	7.2K
$83.00	Dec 4	$0.68	0.32	1.6%	0.83%	2.40%	1	282
$82.00	Nov 27	$0.96	0.44	0.3%	1.17%	1.52%	12	1.9K
$82.50	Nov 27	$0.76	0.37	0.9%	0.93%	1.88%	--	783
$83.00	Nov 30	$0.62	0.31	1.6%	0.76%	2.33%	2	89.4K
$83.50	Dec 4	$0.54	0.27	2.2%	0.66%	2.84%	1	53
$83.00	Nov 27	$0.60	0.31	1.6%	0.73%	2.30%	1	4.7K
$82.00	Nov 20	$0.83	0.43	0.3%	1.02%	1.36%	92	43.7K

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 12,794

Total Puts 8,064

Put/Call Ratio 0.63

Net Difference 4,730

Prior's Put/Call Breakdown

Total Calls 18,338

Total Puts 7,286

Put/Call Ratio 0.40

Net Difference 11,052

Prior 7-Day Put/Call Summary

Total Calls 1,976,336

Total Puts 1,175,541

Average Put/Call Ratio 0.73

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 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

Add Card