c8alpha
Stocks / ETF

TBTETF

ProShares Trust UltraShort Lehman 20+ Year Treasury
$38.241d -4.0%5d -4.4%settled close · 2026-10-22
Mkt cap $279M (10/22)β -0.5452w $34–43Shares 7.3MNYSE Arca since 2008
The Wheel · put-selling

TBT on the Wheel

TBT is not in our put test yet; you can still add it to your Wheel and see its puts.

The Wheel lists cash-secured puts on stocks after a 3% drop, with live quotes, the chance of assignment and each stock’s own history. Free to use; a free account lets you follow stocks, add your own and ask questions.

Decision support, not advice · questions put sellers ask us

The tape, with the calls on it

Who said what, and what TBT did next

Every dot is a day someone on the record made a call. Hover one to see who. We are not scoring them — the point is that you can see it and judge for yourself.

bullish bearish both sides
Who’s talkingIdea Scout · free

Who’s talking about TBT

1 longlatest 2026-01-20
DateVoiceStanceVenueThesis
2026-01-20Joe Terranova (Virtus)Chief market strategist, VirtusBullishCNBC Halftime Final TradesBuying the 2x inverse long-duration Treasury ETF as a portfolio hedge on the belief that long-end yields will…
Idea Scout tracks who’s talking across television, podcasts, and interviews — every stance dated to the appearance it came from. Sign up free →
The options tape

Notable options days

Sessions in the last 120 where TBT’s settled options volume ran ≥ 2× its trailing 20-session baseline, or delta-dollar flow ran ≥ 2.5× — 19 of 120 sessions qualified.

The qualifying dates are the free record. Close, flow, call/LEAPS mix and the 20-session outcome — for every session below — are member content.
DateCloseRVOL Δ$ flow ($M)Call % LEAPS %+20 sess.
2026-10-22
2026-10-05
2026-09-29
2026-09-28
2026-09-25
2026-09-24
2026-09-18
2026-09-10
2026-08-20
2026-08-19
2026-08-17
2026-08-14
2026-07-31
2026-07-30
2026-07-16
2026-07-08
2026-07-07
2026-06-24
2026-05-18
+20 sess. = raw price change over the following 20 sessions — not market-adjusted; the tape tells you where to look, not what happens next.
Follow TBT and its tape leads The Brief, the free morning email, every trading day. Get The Brief — free →

Idea Scout

Following TBT? Every Sunday we read the tape so you don't have to — who's recommending what, where they agree, and who just changed their mind. One free email a week.

Free · double opt-in · unsubscribe in one click