01 — TLT · BEAR CALL SPREADS

Best TLT bear call spreads setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Macro-sensitive duration play with options flow tied to long-end Treasury yields and Fed expectations.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD

iShares 20+ Year Treasury Bond ETF

Bond ETF

TLT

$81.84+5.6% / 30d

IV rank (1y)

59.6% · moderate

P/E (fwd)

-4092.0

Option vol

88K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration

Probability of profit

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Top pick · credit spread

$82.5/$85 call spread · Nov 27

27 DAYS · 0.8% OTM · 3 WIDE · SELL TO OPEN

Credit

$58

Return

30.21%

PoP

62%

Spread	Expiration	Credit	Return ↓	PoP
$82.5 / $85 0.8% OTM · 3 wide	Dec 4 34 days	$55 $0.55 / share	28.21%	61%
$83 / $85.5 1.4% OTM · 3 wide	Dec 4 34 days	$52 $0.52 / share	26.26%	67%
$83 / $85 1.4% OTM · 2 wide	Nov 30 30 days	$35 $0.35 / share	21.21%	68%
$83 / $85 1.4% OTM · 2 wide	Nov 27 27 days	$34 $0.34 / share	20.48%	69%
$83.5 / $86 2.0% OTM · 3 wide	Dec 4 34 days	$27 $0.27 / share	12.11%	72%