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
2026-08-31	88061	31044	119105	0.353
2026-09-02	43134	31937	75071	0.740
2026-09-04	156199	59887	216086	0.383
2026-09-11	82647	45030	127677	0.545
2026-09-18	893828	739748	1633576	0.828
2026-09-25	31765	54856	86621	1.727
2026-09-30	215793	71897	287690	0.333
2026-10-02	21095	6945	28040	0.329
2026-10-16	597281	466209	1063490	0.781
2026-10-30	39300	22773	62073	0.579
2026-11-20	272113	393127	665240	1.445
2026-12-18	528951	360888	889839	0.682
2026-12-31	116131	50077	166208	0.431
2027-01-15	1075347	803406	1878753	0.747
2027-02-19	203802	98465	302267	0.483
2027-03-19	106205	172454	278659	1.624
2027-03-31	84795	24016	108811	0.283
2027-04-16	86634	80400	167034	0.928
2027-05-21	210459	114700	325159	0.545
2027-06-17	347592	218289	565881	0.628
2027-06-30	17569	32422	49991	1.845
2027-07-16	62079	22407	84486	0.361
2027-08-20	2762	752	3514	0.272
2028-01-21	1967503	578216	2545719	0.294
2028-06-16	43144	42384	85528	0.982
2028-12-15	36113	50001	86114	1.385
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.