$85.5 · Aug 14 · 27Δ
$0.39 premium · 6%/yr annualized
$TLT
iShares 20+ Year Treasury · Long Bonds ETF
▲ +0.09 (+0.11%)
iShares 20+ Year Treasury · Long Bonds ETF
Regime trending · dealers are chasing the move.
Each wall is the strike carrying the heaviest open interest within 15% of price, call above as resistance, put below as support, pooled across all listed expirations. It is a structural positioning level, not a single expiry pin. Max pain is tracked separately.
The Read
$TLT is in a long-gamma tape at heat 26, which keeps moves muted as dealers pin price action. The $88 call is pinned through the last 2 sessions and the $86 put is untested yesterday, so the range holds between these walls. Spot sits 1.6% above the gamma flip at $85.19, coiled near the upper band.
Where the market is positioned
Risk-neutral, implied by options pricing. Where the market is positioned, not a forecast.
Talk to the oracle
Free. No login. Real dealer positioning on $TLT, scored over a year of outcomes.
$85.5 · Aug 14 · 27Δ
$0.39 premium · 6%/yr annualized
$82.5 · Aug 28 · 30Δ
$0.56 premium · 6%/yr annualized
Not investment advice · Informational only
Over the last 21 sessions · n=24
$86 put wall
held 2 sessions running
Free alert
We DM you when the $88 call wall or the $83 put wall breaks. No noise, just the break.
Wall-break alerts arrive as a Discord DM. Pro gets them live, the instant the wall breaks.
Free alert
We DM you when the $88 call wall or the $83 put wall breaks.
…
Alert set
We'll DM you when the $88 call wall breaks. Rest easy.
Scored Levels
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