01 — TLT · WHEEL STRATEGY

Best TLT wheel strategy 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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Cash-secured put · first leg of the wheel

$80.5 put · Dec 4

34 DAYS · 1.6% OTM · SELL TO OPEN

Credit

$97

Return

1.19%

PoP

63%

Strike	Expiration	Credit	Return ↓	PoP
$80 2.3% OTM	Dec 4 34 days	$76 $0.76 / share	0.93%	69%
$80.5 1.6% OTM	Nov 27 27 days	$70 $0.70 / share	0.86%	66%
$79.5 2.9% OTM	Dec 4 34 days	$60 $0.60 / share	0.73%	74%
$80 2.3% OTM	Nov 30 30 days	$54 $0.54 / share	0.66%	72%
$80 2.3% OTM	Nov 27 27 days	$52 $0.52 / share	0.64%	72%
$60 26.7% OTM	Dec 4 34 days	$0 $0.00 / share	0%	70%