IVIVFactor
TLT 20+ Yr Treasury ETF

TLT IV Rank — are 20+ Yr Treasury ETF's options cheap or expensive right now?

IV Rank
23
Cheap — favor buying premium
0 · cheap50100 · expensive
Current IV
9%
IV Percentile
58%
52-wk IV high
28%
52-wk IV low
4%
Where current IV sits in its 52-week range
4%28%

20+ Yr Treasury ETF's options are currently cheap. With an IV Rank of 23, implied volatility sits near the low end of its 1-year range and richer than roughly 58% of the past year. Historically at this level, buying options (long calls/puts, calendars) can be more attractive, since low IV tends to expand.

Suggested play
Long call / calendar spread
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for TLT
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Frequently asked

What does an IV Rank of 23 mean for TLT?
It means 20+ Yr Treasury ETF's implied volatility is currently near the low end of its past-year range, so its options are relatively cheap.
Should I buy or sell TLT options at this IV Rank?
Low IV Rank generally favors buying options (long calls/puts, calendars), since cheap volatility tends to expand.

IV Rank data is 15-minute delayed. Educational information, not investment advice.