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TLT options: IV rank, expected move and trade screens

ETFETF

In the app, stock prices are live and options data is refreshed intraday.

TLT last closed at $79.38 with 30-day implied volatility of 12.2%. That is in the lower half of its one-year range (IV rank 44), so premiums are on the modest side for TLT. Measured by IV percentile, IV is higher than 77% of the past year's readings. Options expiring Dec 11 (28 days out) price a one standard deviation move of about $2.66, or 3.3%.

The price is below both its 50-day (-1.0%) and 200-day (-5.8%) moving averages. It is trading within 2.9% of its 52-week low. The 14-day RSI of 39.0 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $0.79, about 1.0% of the price, a measure of a typical day's range.

Option volume at the close (420K contracts) was 0.9x its average, close to normal. A beta of 0.19 means TLT has tended to move about 0.2 times as much as the broad market. 3 of our preset screens found trades on TLT at the close, led by Bear Put Spreads Below the 200-Day with 112 trades.

TLT stats at the close

Price
$79.38
Implied volatility
12.2%
30-day, at the money
IV rank
44
IV sits 44% of the way from its one-year low to its one-year high.
IV percentile
77
IV is higher than 77% of the past year's readings.
ATR (14-day)
$0.79
1.0% of the price on a typical day
RSI (14-day)
39.0
Between 30 and 70, neutral
52-week range
-12.6% from high
+2.9% from the 52-week low
Moving averages
-1.0% vs 50-day
-5.8% vs the 200-day
Beta
0.19
Sensitivity to the broad market
Option volume
0.9x avg
420K contracts vs 489K average

TLT expected move by expiration

Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.

ExpirationIVExpected move1 SD rangeStraddle
Nov 16, 20263 days7.8%±$0.56 (0.7%)$78.82 to $79.94$0.46
Dec 11, 202628 days12.1%±$2.66 (3.3%)$76.72 to $82.04$2.12
Jan 15, 202763 days11.9%±$3.92 (4.9%)$75.46 to $83.30$3.21
Feb 19, 202798 days12.2%±$5.00 (6.3%)$74.38 to $84.38$4.11

Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.

Trades that pass our screens as of the close

Counts and ranges for TLT from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.

TLT options FAQ

What is TLT's IV rank?
At the last close, TLT's IV rank was 44 with 30-day implied volatility of 12.2%. IV sits 44% of the way from its one-year low to its one-year high. Its IV percentile was 77: IV is higher than 77% of the past year's readings.
What is the expected move for TLT?
Based on the last close, options expiring Dec 11, 2026 priced a one standard deviation move of $2.66 (3.3%), a range of $76.72 to $82.04. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
Which option screens have trades on TLT?
At the last close, these OptionClaws preset screens had passing trades on TLT: Bear Put Spreads Below the 200-Day (112), Long Call Butterflies for Pinning (60), Married Put Protection (12). Open a screen in the app to see the individual trades, refreshed intraday.
Is TLT option volume above average?
At the last close, TLT option volume was 0.9x its average, close to normal.

Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.