thetaOwl
HomeOptionsTLTReports

TLT

iShares 20+ Year Treasury Bond ETFClose $86.75EOD only
Max Pain
$85.50
Next expiry Jun 22, 2026
Expected Move
±$0.49
0.6% from close
Price Gap
-1.25
Distance to max pain
IV Rank
77
High premium
P/C OI
0.74
Slightly call-heavy
Consensus
9.0/10
Bullish tilt
Published snapshot: Jun 18, 2026 close
End-of-day snapshot

This page reflects TLT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 18, 2026 close
TLT AI Consensus Report
Analysis based on market close June 18, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Conviction
9.0

out of 10

9 not 10 because the long-dated put buying at $83 introduces a subtle hedge that tempers outright bullish conviction, though all core signals are aligned.

Where Perspectives Agree

All three perspectives strongly agree on a bullish pin near $86 with dealer long gamma and positive flow supporting price stability and mild upside.

Where They Diverge

No major conflicts; the long-dated put hedging noted in flow is a minor caution but does not contradict the dominant bullish thesis.

Top Trade
via theta

Sell 2026-07-10 $84/$82 put credit spread for $0.35 credit, max risk $1.65.

Key Risk

Break below $85 support (directional $85.84, theta $85, flow gamma flip at $80) invalidates pin and accelerates downside to $82.

How to Use These Reports
This ai consensus reflects the market close on June 18, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.