PAA → $21.00 by Mar 18, 2025.

Good evening degens. About ten months ago, Plains All American Pipeline had some great DD posted here about call options and IV in the midstream space. Some key themes were around a potential Trump presidency and favorable domestic drilling policy. The implied moves on companies like this are low because they pay out large quarterly dividends. In Q1 of 2024 there was a sell off after the ex-dividend date followed by a rip in price that topped in April before …