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
2026-07-15	56722	52125	108847	0.919
2026-07-17	678599	507939	1186538	0.749
2026-07-20	15461	28199	43660	1.824
2026-07-22	14171	4407	18578	0.311
2026-07-24	99906	80459	180365	0.805
2026-07-31	125689	93635	219324	0.745
2026-08-07	61592	36121	97713	0.586
2026-08-14	30230	21302	51532	0.705
2026-08-21	363940	362833	726773	0.997
2026-08-28	7195	7316	14511	1.017
2026-09-18	551205	406075	957280	0.737
2026-09-30	79711	60026	139737	0.753
2026-10-16	274847	161654	436501	0.588
2026-11-20	145773	230196	375969	1.579
2026-12-18	277865	250617	528482	0.902
2026-12-31	48621	38861	87482	0.799
2027-01-15	980006	696716	1676722	0.711
2027-02-19	200356	77355	277711	0.386
2027-03-19	85814	127256	213070	1.483
2027-03-31	80524	22339	102863	0.277
2027-04-16	69329	78194	147523	1.128
2027-05-21	185234	114952	300186	0.621
2027-06-17	218108	209831	427939	0.962
2027-06-30	13596	1482	15078	0.109
2028-01-21	1240063	556242	1796305	0.449
2028-06-16	14077	18516	32593	1.315
2028-12-15	6761	17561	24322	2.597
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.