TLT option chain iShares 20+ Year Treasury Bond ETF
Each row is one strike. The left half is the call, the right half the put. Bid/ask are what buyers and sellers currently quote; volume is contracts traded this session; open interest is standing contracts. The highlighted row sits closest to the stock price.
This expiration prices a move of about ±7.0% (74.53–85.81) · ATM IV 13.8% · P/C open interest 0.94
| CALLS | Strike | PUTS | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Vol | OIThe number of option contracts currently outstanding at a strike or expiration. High open interest shows where positions are concentrated. | IV | ΔModel sensitivity of an option's price to a $1 move in the stock; also used as a rough moneyness scale (a 25-delta option is well out of the money). | Γ | Θ | Bid | Ask | Vol | OI | IV | Δ | Γ | Θ | |
| 33.20 | 37.25 | 1.00 | 0.0000 | 0.000 | 45 | 0 | 0.0200 | 46.3K | 32.5% | -0.00 | 0.0005 | -0.000 | ||||
| 28.20 | 32.25 | 1.00 | 0.0000 | 0.000 | 50 | 0.0100 | 0.0300 | 555 | 29.0% | -0.00 | 0.0008 | -0.001 | ||||
| 23.20 | 27.30 | 1.00 | 0.0000 | 0.000 | 55 | 0.0200 | 0.0400 | 2,718 | 24.7% | -0.01 | 0.0016 | -0.001 | ||||
| 18.25 | 22.30 | 5 | 1.00 | 0.0002 | 0.000 | 60 | 0.0400 | 0.0600 | 2,543 | 20.9% | -0.01 | 0.0033 | -0.001 | |||
| 13.25 | 17.30 | 1 | 0.99 | 0.0040 | 0.000 | 65 | 0.1000 | 0.1200 | 4,897 | 17.9% | -0.03 | 0.0077 | -0.002 | |||
| 10.15 | 12.70 | 1 | 17.2% | 0.96 | 0.0173 | -0.003 | 69 | 0.2400 | 0.2600 | 1,305 | 16.0% | -0.07 | 0.0164 | -0.004 | ||
| 8.45 | 12.00 | 112 | 0.94 | 0.0211 | -0.003 | 70 | 0.3100 | 0.3200 | 7 | 14.8K | 15.7% | -0.09 | 0.0198 | -0.004 | ||
| 8.10 | 10.65 | 31 | 13.5% | 0.92 | 0.0246 | -0.004 | 71 | 0.3900 | 0.4100 | 78 | 898 | 15.4% | -0.11 | 0.0236 | -0.005 | |
| 7.25 | 9.80 | 118 | 14.3% | 0.89 | 0.0282 | -0.004 | 72 | 0.4900 | 0.5200 | 559 | 2,121 | 15.1% | -0.13 | 0.0278 | -0.005 | |
| 6.35 | 8.40 | 2,546 | 10.8% | 0.86 | 0.0323 | -0.005 | 73 | 0.6200 | 0.6500 | 9 | 10.1K | 14.8% | -0.16 | 0.0323 | -0.006 | |
| 6.80 | 6.95 | 203 | 14.5% | 0.83 | 0.0369 | -0.006 | 74 | 0.7800 | 0.8200 | 1,806 | 14.6% | -0.19 | 0.0372 | -0.007 | ||
| 6.00 | 6.15 | 30 | 829 | 14.3% | 0.79 | 0.0416 | -0.007 | 75 | 0.9900 | 1.02 | 30 | 4,914 | 14.4% | -0.23 | 0.0420 | -0.007 |
| 5.25 | 5.35 | 300 | 542 | 14.0% | 0.74 | 0.0463 | -0.007 | 76 | 1.23 | 1.27 | 30 | 3,047 | 14.2% | -0.27 | 0.0468 | -0.008 |
| 4.55 | 4.65 | 928 | 13.9% | 0.70 | 0.0505 | -0.008 | 77 | 1.53 | 1.57 | 5 | 48.6K | 14.1% | -0.32 | 0.0510 | -0.008 | |
| 3.90 | 4.00 | 147 | 25.0K | 13.8% | 0.64 | 0.0540 | -0.009 | 78 | 1.87 | 1.92 | 39.8K | 13.9% | -0.37 | 0.0545 | -0.009 | |
| 3.35 | 3.45 | 190 | 17.0K | 13.9% | 0.59 | 0.0566 | -0.009 | 79 | 2.28 | 2.33 | 6,320 | 13.8% | -0.43 | 0.0570 | -0.009 | |
| 2.84 | 2.88 | 154 | 30.5K | 13.8% | 0.53 | 0.0579 | -0.009 | 80 | 2.75 | 2.81 | 31 | 36.5K | 13.8% | -0.49 | 0.0583 | -0.009 |
| 2.37 | 2.41 | 24 | 10.4K | 13.7% | 0.47 | 0.0580 | -0.009 | 81 | 3.25 | 3.35 | 23 | 5,495 | 13.7% | -0.54 | 0.0584 | -0.009 |
| 1.96 | 2.01 | 10.8K | 13.7% | 0.42 | 0.0567 | -0.009 | 82 | 3.85 | 3.95 | 15.9K | 13.7% | -0.60 | 0.0573 | -0.009 | ||
| 1.63 | 1.64 | 37 | 15.7K | 13.8% | 0.37 | 0.0544 | -0.009 | 83 | 4.50 | 4.65 | 3,176 | 13.8% | -0.65 | 0.0550 | -0.008 | |
| 1.34 | 1.37 | 27 | 4,108 | 13.9% | 0.32 | 0.0511 | -0.008 | 84 | 5.25 | 5.35 | 1 | 4,021 | 14.0% | -0.70 | 0.0519 | -0.008 |
| 1.10 | 1.13 | 21 | 12.9K | 14.0% | 0.27 | 0.0472 | -0.008 | 85 | 6.00 | 6.10 | 603 | 14.0% | -0.75 | 0.0480 | -0.007 | |
| 0.9100 | 0.9400 | 16 | 18.0K | 14.2% | 0.23 | 0.0431 | -0.007 | 86 | 6.80 | 6.95 | 11.5K | 14.3% | -0.79 | 0.0438 | -0.007 | |
| 0.7500 | 0.7800 | 13.6K | 14.3% | 0.20 | 0.0388 | -0.007 | 87 | 7.45 | 7.85 | 1,495 | 14.0% | -0.82 | 0.0393 | -0.006 | ||
| 0.6300 | 0.6500 | 25 | 13.0K | 14.6% | 0.17 | 0.0347 | -0.006 | 88 | 8.25 | 8.70 | 2,502 | 13.7% | -0.85 | 0.0349 | -0.005 | |
| 0.5200 | 0.5500 | 2,714 | 14.8% | 0.15 | 0.0307 | -0.006 | 89 | 7.55 | 10.35 | 335 | -0.88 | 0.0307 | -0.005 | |||
| 0.4500 | 0.4700 | 2 | 26.9K | 15.2% | 0.13 | 0.0272 | -0.005 | 90 | 10.05 | 10.65 | 681 | 14.6% | -0.90 | 0.0268 | -0.004 | |
| 0.3800 | 0.4000 | 49 | 6,954 | 15.4% | 0.11 | 0.0241 | -0.005 | 91 | 10.25 | 13.30 | 439 | 19.8% | -0.91 | 0.0234 | -0.004 | |
| 0.3200 | 0.3500 | 39 | 9,265 | 15.8% | 0.09 | 0.0212 | -0.004 | 92 | 11.20 | 13.60 | 361 | 17.3% | -0.93 | 0.0203 | -0.003 | |
| 0.2800 | 0.3000 | 10.1K | 16.1% | 0.08 | 0.0188 | -0.004 | 93 | 11.35 | 15.20 | 286 | 16.7% | -0.94 | 0.0176 | -0.002 | ||
| 0.2400 | 0.2600 | 4,610 | 16.4% | 0.07 | 0.0166 | -0.004 | 94 | 13.15 | 15.55 | 21 | 18.8% | -0.95 | 0.0152 | -0.002 | ||
| 0.2100 | 0.2300 | 2,926 | 16.8% | 0.06 | 0.0147 | -0.003 | 95 | 13.25 | 16.50 | 158 | -0.96 | 0.0132 | -0.002 | |||
| 0.1800 | 0.2100 | 1,757 | 17.1% | 0.06 | 0.0131 | -0.003 | 96 | 14.25 | 18.10 | 17.8% | -0.96 | 0.0115 | -0.001 | |||
| 0.1600 | 0.1900 | 3,278 | 17.5% | 0.05 | 0.0117 | -0.003 | 97 | 15.20 | 19.10 | 16 | 18.2% | -0.97 | 0.0100 | -0.001 | ||
| 0.1400 | 0.1700 | 738 | 17.8% | 0.04 | 0.0105 | -0.003 | 98 | 16.20 | 20.10 | 125 | 19.2% | -0.97 | 0.0087 | -0.000 | ||
| 0.1300 | 0.1500 | 378 | 18.2% | 0.04 | 0.0094 | -0.003 | 99 | 17.20 | 21.05 | 7 | 19.4% | -0.98 | 0.0076 | -0.000 | ||
| 0.1100 | 0.1400 | 19.2K | 18.6% | 0.04 | 0.0084 | -0.002 | 100 | 18.15 | 21.45 | 140 | -0.98 | 0.0066 | 0.000 | |||
| 0.0700 | 0.0900 | 956 | 20.3% | 0.02 | 0.0052 | -0.002 | 105 | 23.05 | 27.10 | 23.5% | -0.99 | 0.0035 | 0.000 | |||
| 0.0500 | 0.0700 | 650 | 22.3% | 0.02 | 0.0035 | -0.001 | 110 | 28.00 | 32.05 | 26.3% | -1.00 | 0.0020 | 0.000 | |||
| 0.0300 | 0.0400 | 705 | 23.3% | 0.01 | 0.0024 | -0.001 | 115 | 32.95 | 37.05 | 29.4% | -1.00 | 0.0007 | 0.000 | |||
| 0.0300 | 0.0400 | 26.0K | 25.6% | 0.01 | 0.0018 | -0.001 | 120 | 37.95 | 42.05 | 33.3% | -1.00 | 0.0002 | 0.000 | |||
Strikes shown: within ±50% of the underlying price. Intrinsic value = max(0, price − strike) for calls, max(0, strike − price) for puts; extrinsic = option price − intrinsic. Greeks and IV as computed by the exchange feed.
Volatility smile — Mar 19, 2027
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.