TLT Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the TLT options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for TLT.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from TLT Options by Expiration Date

The table below aggregates TLT options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date	Call OI	Put OI	Total Open Interest	Put/Call Ratio
2026-03-25	52657	53754	106411	1.021
2026-03-27	192453	115225	307678	0.599
2026-03-30	112595	35454	148049	0.315
2026-03-31	149504	151561	301065	1.014
2026-04-01	20001	24111	44112	1.205
2026-04-02	89985	57486	147471	0.639
2026-04-10	58830	36643	95473	0.623
2026-04-17	353651	262226	615877	0.741
2026-04-24	42723	38232	80955	0.895
2026-05-01	9937	13155	23092	1.324
2026-05-15	474247	214992	689239	0.453
2026-06-18	480428	370193	850621	0.771
2026-06-30	44514	51813	96327	1.164
2026-07-17	130233	99622	229855	0.765
2026-08-21	189203	46228	235431	0.244
2026-09-18	336408	142740	479148	0.424
2026-09-30	43833	23104	66937	0.527
2026-10-16	146601	76902	223503	0.525
2026-11-20	93743	125623	219366	1.340
2026-12-18	96875	100427	197302	1.037
2026-12-31	35081	32219	67300	0.918
2027-01-15	817307	457349	1274656	0.560
2027-02-19	107260	60520	167780	0.564
2027-03-19	24881	3122	28003	0.125
2027-06-17	36878	36976	73854	1.003
2028-01-21	358485	145283	503768	0.405
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for TLT based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand. Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around TLT. Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk. The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in TLT options, while lower scores highlight more defensive or bearish structures.