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Plains All American Pipeline, L.P. Common Units representing Limited Partner Interests PAA

i

Market dataready · fetched 2026-11-10T22:30:25.936Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-13

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-10T21:00:00.159329068Z

FundamentalsSEC EDGAR · ready · as of 2026-09-30 · fetched 2026-11-10T22:30:25.518765+00:00

Share price$23.67
1D+1.4%
AH$23.21$23.37$23.53$23.68$23.845:30 AM6:30 AM9:00 AM1:00 PM2:00 PMPAA
Sold putSold callAH

Plains All American Pipeline, L.P. Common Units representing Limited Partner Interests options

Live interpolated PAA call and put midpoint premiums by absolute delta.Plains All American Pipeline, L.P. Common Units representing Limited Partner Interests$0.04$0.33$0.63$0.93$1.22$22.78$23.19$23.59$24.00$24.4020Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive PAA spot · $23.67PAA PRICE$0.07$0.09$0.11$0.13$0.15$0.18$0.20$0.22$0.25$0.27$0.36$0.48$0.59$0.08$0.09$0.11$0.12$0.18$0.24$0.30$0.37$0.43$0.50$0.71$0.93$1.14
PutsExpensive1.21×
CallsCheap0.91×
SkewBearish+9.83 pp
Implied moveBearish±$0.50
TiltBearish25.6% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ24.4031.7%3.4%23.0634.5%2.9%
25Δ24.1728.6%2.5%23.2031.0%2.4%
30Δ23.9826.0%1.8%23.3427.6%1.9%
35Δ23.9225.2%1.6%23.4824.2%1.3%
40Δ23.8524.4%1.4%23.5725.4%1.2%
45Δ23.7823.6%1.2%23.6527.5%1.1%
50Δ23.7222.8%1.0%23.7429.7%1.0%
55Δ23.6522.0%0.9%23.8231.8%0.9%
60Δ23.5821.2%0.7%23.9134.0%0.8%
65Δ23.5220.4%0.5%23.9936.1%0.7%
70Δ23.4122.1%0.4%24.2243.0%0.7%
75Δ23.2824.7%0.3%24.4550.1%0.6%
80Δ23.1527.2%0.3%24.6952.3%0.5%

20Δ

Calls
Pseudo strike
24.40
IV
31.7%
B/E move
3.4%
Puts
Pseudo strike
23.06
IV
34.5%
B/E move
2.9%

25Δ

Calls
Pseudo strike
24.17
IV
28.6%
B/E move
2.5%
Puts
Pseudo strike
23.20
IV
31.0%
B/E move
2.4%

30Δ

Calls
Pseudo strike
23.98
IV
26.0%
B/E move
1.8%
Puts
Pseudo strike
23.34
IV
27.6%
B/E move
1.9%

35Δ

Calls
Pseudo strike
23.92
IV
25.2%
B/E move
1.6%
Puts
Pseudo strike
23.48
IV
24.2%
B/E move
1.3%

40Δ

Calls
Pseudo strike
23.85
IV
24.4%
B/E move
1.4%
Puts
Pseudo strike
23.57
IV
25.4%
B/E move
1.2%

45Δ

Calls
Pseudo strike
23.78
IV
23.6%
B/E move
1.2%
Puts
Pseudo strike
23.65
IV
27.5%
B/E move
1.1%

50Δ

Calls
Pseudo strike
23.72
IV
22.8%
B/E move
1.0%
Puts
Pseudo strike
23.74
IV
29.7%
B/E move
1.0%

55Δ

Calls
Pseudo strike
23.65
IV
22.0%
B/E move
0.9%
Puts
Pseudo strike
23.82
IV
31.8%
B/E move
0.9%

60Δ

Calls
Pseudo strike
23.58
IV
21.2%
B/E move
0.7%
Puts
Pseudo strike
23.91
IV
34.0%
B/E move
0.8%

65Δ

Calls
Pseudo strike
23.52
IV
20.4%
B/E move
0.5%
Puts
Pseudo strike
23.99
IV
36.1%
B/E move
0.7%

70Δ

Calls
Pseudo strike
23.41
IV
22.1%
B/E move
0.4%
Puts
Pseudo strike
24.22
IV
43.0%
B/E move
0.7%

75Δ

Calls
Pseudo strike
23.28
IV
24.7%
B/E move
0.3%
Puts
Pseudo strike
24.45
IV
50.1%
B/E move
0.6%

80Δ

Calls
Pseudo strike
23.15
IV
27.2%
B/E move
0.3%
Puts
Pseudo strike
24.69
IV
52.3%
B/E move
0.5%

Options history

IV · four-Friday blend27.57%
Daily close
PAA18.0%27.9%37.9%2026-08-12: 25.47%2026-08-13: 23.84%2026-08-14: 19.35%2026-08-17: 20.68%2026-08-18: 21.85%2026-08-19: 22.10%2026-08-21: 19.38%2026-08-24: 22.74%2026-08-25: 22.73%2026-08-26: 23.58%2026-08-27: 23.22%2026-08-28: 19.62%2026-08-31: 22.83%2026-09-02: 22.67%2026-09-03: 23.39%2026-09-04: 20.54%2026-09-08: 21.66%2026-09-09: 23.20%2026-09-11: 21.71%2026-09-14: 23.73%2026-09-15: 23.07%2026-09-16: 24.79%2026-09-17: 25.01%2026-09-18: 21.67%2026-09-21: 21.66%2026-09-22: 20.05%2026-09-23: 22.17%2026-09-25: 21.84%2026-09-28: 21.14%2026-09-29: 21.22%2026-10-02: 21.54%2026-10-05: 20.79%2026-10-06: 24.01%2026-10-07: 23.52%2026-10-08: 24.04%2026-10-09: 21.02%2026-10-12: 22.66%2026-10-13: 23.35%2026-10-14: 22.43%2026-10-16: 22.60%2026-10-19: 22.78%2026-10-20: 25.27%2026-10-21: 29.27%2026-10-22: 36.49%2026-10-23: 27.40%2026-10-26: 30.63%2026-10-27: 28.30%2026-10-28: 35.26%2026-10-30: 27.57%Aug 12Sep 21Oct 30
49 observations2026-08-12 — 2026-10-30
Table
DateIV (%)
25.47%
23.84%
19.35%
20.68%
21.85%
22.10%
19.38%
22.74%
22.73%
23.58%
23.22%
19.62%
22.83%
22.67%
23.39%
20.54%
21.66%
23.20%
21.71%
23.73%
23.07%
24.79%
25.01%
21.67%
21.66%
20.05%
22.17%
21.84%
21.14%
21.22%
21.54%
20.79%
24.01%
23.52%
24.04%
21.02%
22.66%
23.35%
22.43%
22.60%
22.78%
25.27%
29.27%
36.49%
27.40%
30.63%
28.30%
35.26%
27.57%