PAA · Plains All American Pipeline LP · Options Chain

Track PAA — free

$26.10 +0.39 (+1.50%) At close · Sep 11

Rebalance outlook locked

Market Cap

$18.42B

705.57M

Options Chain

Underlying $26.10 · at close Sep 11, 2026 Options Calculator

Pull option chains with greeks and open interest through the options chain API or MCP →

Positioning

Sep 18, 2026 · 5 days to expiry · 60 contracts · mixed daily-bar sessions · Jul 28, 2026–Sep 11, 2026; 28 unknown

Put / call OI

0.96

Balanced positioning

Open interest

15,444

as of Sep 10, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$24.00

$2.10 below spot

ATM implied vol

25.7%

market's expected move

Open interest by strike · near the money

Calls Puts

19.5

20.5

21.5

22.5

23.5

24.5

25.5

26.5

27.5

28.5

29.5

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 18 5d Sep 25 12d Oct 2 19d Oct 9 26d Oct 16 33d Oct 23 40d Oct 30 47d Nov 20 68d Jan 15 124d Feb 19 159d May 21 250d Aug 20 341d Nov 19 432d Jan 21 495d Jan 19 859d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
2	2	—	—	$10.30	$11.40	$10.62		—	$0.00	$0.30	—	—	—	—
Call · $15 In the money Daily-bar session Sep 11, 2026 Quote as of 2026-09-11 19:59:14.133 UTC Last $10.62 Breakeven $25.62 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 10, 2026 Model this call Put · $15 Daily-bar session Unknown Quote as of 2026-09-11 19:59:52.170 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
2	1	—	—	$9.50	$10.30	$9.77		—	$0.00	$0.30	—	—	—	—
Call · $16 In the money Daily-bar session Sep 11, 2026 Quote as of 2026-09-11 19:59:44.381 UTC Last $9.77 Breakeven $25.77 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 10, 2026 Model this call Put · $16 Daily-bar session Unknown Quote as of 2026-09-11 19:59:52.170 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	4	—	—	$8.80	$9.20	$9.05		—	$0.00	$0.30	—	—	—	—
Call · $17 In the money Daily-bar session Sep 11, 2026 Quote as of 2026-09-11 19:59:51.836 UTC Last $9.05 Breakeven $26.05 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $17 Daily-bar session Unknown Quote as of 2026-09-11 19:59:52.792 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
3	6	—	—	$7.80	$8.40	$6.76		$0.05	$0.00	$0.30	—	—	2	1
Call · $18 In the money Daily-bar session Aug 21, 2026 Quote as of 2026-09-11 19:59:39.347 UTC Last $6.76 Breakeven $24.76 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 OI effective date Sep 10, 2026 Model this call Put · $18 Daily-bar session Aug 10, 2026 Quote as of 2026-09-11 19:59:57.803 UTC Last $0.05 Breakeven $17.95 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 10, 2026 Model this put
1	2	—	—	$6.80	$7.30	$7.05		—	$0.00	$0.30	—	—	—	—
Call · $19 In the money Daily-bar session Sep 11, 2026 Quote as of 2026-09-11 19:59:51.317 UTC Last $7.05 Breakeven $26.05 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 10, 2026 Model this call Put · $19 Daily-bar session Unknown Quote as of 2026-09-11 19:59:14.133 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$6.30	$6.90	—		—	$0.00	$0.30	—	—	—	—
Call · $19.5 In the money Daily-bar session Unknown Quote as of 2026-09-11 19:59:27.276 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $19.5 Daily-bar session Unknown Quote as of 2026-09-11 19:59:14.133 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$5.80	$6.40	—		—	$0.00	$0.30	—	—	—	—
Call · $20 In the money Daily-bar session Unknown Quote as of 2026-09-11 19:58:32.662 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $20 Daily-bar session Unknown Quote as of 2026-09-11 19:59:14.133 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	4	—	—	$5.30	$5.80	$5.50		—	$0.00	$0.30	—	—	—	—
Call · $20.5 In the money Daily-bar session Sep 11, 2026 Quote as of 2026-09-11 19:59:52.629 UTC Last $5.50 Breakeven $26.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $20.5 Daily-bar session Unknown Quote as of 2026-09-11 19:59:14.133 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
1	2	—	—	$4.80	$5.40	$5.05		$0.10	$0.00	$0.30	—	—	10	16
Call · $21 In the money Daily-bar session Sep 11, 2026 Quote as of 2026-09-11 19:59:13.126 UTC Last $5.05 Breakeven $26.05 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 10, 2026 Model this call Put · $21 Daily-bar session Aug 18, 2026 Quote as of 2026-09-11 19:59:14.133 UTC Last $0.10 Breakeven $20.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 16 OI effective date Sep 10, 2026 Model this put
1	1	—	—	$3.80	$4.80	$4.20		—	$0.00	$0.30	—	—	—	—
Call · $21.5 In the money Daily-bar session Aug 31, 2026 Quote as of 2026-09-11 19:59:14.133 UTC Last $4.20 Breakeven $25.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 10, 2026 Model this call Put · $21.5 Daily-bar session Unknown Quote as of 2026-09-11 19:59:14.133 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
10	10	—	—	$3.30	$4.30	$3.71		$0.05	$0.00	$0.30	—	—	4	48
Call · $22 In the money Daily-bar session Sep 10, 2026 Quote as of 2026-09-11 19:59:14.133 UTC Last $3.71 Breakeven $25.71 Implied vol — Delta — Gamma — Theta — Vega — Open interest 10 OI effective date Sep 10, 2026 Model this call Put · $22 Daily-bar session Aug 24, 2026 Quote as of 2026-09-11 19:59:52.170 UTC Last $0.05 Breakeven $21.95 Implied vol — Delta — Gamma — Theta — Vega — Open interest 48 OI effective date Sep 10, 2026 Model this put
—	—	—	—	$2.85	$3.90	—		—	$0.00	$0.30	—	—	—	—
Call · $22.5 In the money Daily-bar session Unknown Quote as of 2026-09-11 19:59:52.604 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $22.5 Daily-bar session Unknown Quote as of 2026-09-11 19:59:53.051 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
138	1	—	—	$2.40	$3.30	$2.80		$0.12	$0.00	$0.30	—	—	14	6.8k
Call · $23 In the money Daily-bar session Sep 2, 2026 Quote as of 2026-09-11 19:59:52.604 UTC Last $2.80 Breakeven $25.80 Implied vol — Delta — Gamma — Theta — Vega — Open interest 138 OI effective date Sep 10, 2026 Model this call Put · $23 Daily-bar session Aug 21, 2026 Quote as of 2026-09-11 19:59:59.643 UTC Last $0.12 Breakeven $22.88 Implied vol — Delta — Gamma — Theta — Vega — Open interest 6.8k OI effective date Sep 10, 2026 Model this put
1	1	—	—	$1.90	$2.85	$2.32		—	$0.00	$0.25	—	—	—	—
Call · $23.5 In the money Daily-bar session Sep 10, 2026 Quote as of 2026-09-11 19:59:52.219 UTC Last $2.32 Breakeven $25.82 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 10, 2026 Model this call Put · $23.5 Daily-bar session Unknown Quote as of 2026-09-11 19:58:46.541 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
796	30	36%	0.971	$1.60	$2.35	$1.93		$0.10	$0.00	$0.20	—	—	17	68
Call · $24 In the money Daily-bar session Sep 11, 2026 Quote as of 2026-09-11 19:59:53.185 UTC Last $1.93 Breakeven $25.93 Implied vol 36% Delta 0.971 ≈97% ITM Gamma 0.061 Theta -0.01 Vega 0.002 Open interest 796 OI effective date Sep 10, 2026 Model this call Put · $24 Daily-bar session Aug 31, 2026 Quote as of 2026-09-11 19:59:40.684 UTC Last $0.10 Breakeven $23.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 68 OI effective date Sep 10, 2026 Model this put
2	2	—	—	$1.00	$1.70	$1.06		$0.07	$0.00	$0.20	—	—	8	15
Call · $24.5 In the money Daily-bar session Aug 26, 2026 Quote as of 2026-09-11 19:58:47.198 UTC Last $1.06 Breakeven $25.56 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 10, 2026 Model this call Put · $24.5 Daily-bar session Sep 4, 2026 Quote as of 2026-09-11 19:59:22.013 UTC Last $0.07 Breakeven $24.43 Implied vol — Delta — Gamma — Theta — Vega — Open interest 15 OI effective date Sep 10, 2026 Model this put
6.4k	7	39.5%	0.8	$1.00	$1.20	$1.06		$0.15	$0.00	$0.15	—	—	10	82
Call · $25 In the money Daily-bar session Sep 11, 2026 Quote as of 2026-09-11 19:59:59.935 UTC Last $1.06 Breakeven $26.06 Implied vol 39.5% Delta 0.8 ≈80% ITM Gamma 0.234 Theta -0.036 Vega 0.009 Open interest 6.4k OI effective date Sep 10, 2026 Model this call Put · $25 Daily-bar session Sep 11, 2026 Quote as of 2026-09-11 19:59:18.358 UTC Last $0.15 Breakeven $24.85 Implied vol — Delta — Gamma — Theta — Vega — Open interest 82 OI effective date Sep 10, 2026 Model this put
14	4	28.7%	0.71	$0.30	$0.95	$0.52		$0.18	$0.00	$0.30	—	—	30	573
Call · $25.5 In the money Daily-bar session Sep 10, 2026 Quote as of 2026-09-11 19:59:59.727 UTC Last $0.52 Breakeven $26.02 Implied vol 28.7% Delta 0.71 ≈71% ITM Gamma 0.392 Theta -0.032 Vega 0.01 Open interest 14 OI effective date Sep 10, 2026 Model this call Put · $25.5 Daily-bar session Sep 9, 2026 Quote as of 2026-09-11 19:59:18.359 UTC Last $0.18 Breakeven $25.32 Implied vol — Delta — Gamma — Theta — Vega — Open interest 573 OI effective date Sep 10, 2026 Model this put
374	203	24.2%	0.486	$0.20	$0.35	$0.29		$0.55	$0.15	$0.55	-0.511	27.3%	1	14
Call · $26 In the money Daily-bar session Sep 11, 2026 Quote as of 2026-09-11 19:59:52.629 UTC Last $0.29 Breakeven $26.29 Implied vol 24.2% Delta 0.486 ≈49% ITM Gamma 0.543 Theta -0.031 Vega 0.012 Open interest 374 OI effective date Sep 10, 2026 Model this call Put · $26 Daily-bar session Sep 10, 2026 Quote as of 2026-09-11 19:59:53.196 UTC Last $0.55 Breakeven $25.45 Implied vol 27.3% Delta -0.511 ≈51% ITM Gamma 0.48 Theta -0.032 Vega 0.012 Open interest 14 OI effective date Sep 10, 2026 Model this put
Underlying $26.10
49	14	24%	0.237	$0.05	$0.15	$0.14		—	$0.35	$0.65	—	—	—	—
Call · $26.5 Daily-bar session Sep 11, 2026 Quote as of 2026-09-11 19:59:53.185 UTC Last $0.14 Breakeven $26.64 Implied vol 24% Delta 0.237 ≈24% ITM Gamma 0.424 Theta -0.023 Vega 0.009 Open interest 49 OI effective date Sep 10, 2026 Model this call Put · $26.5 In the money Daily-bar session Unknown Quote as of 2026-09-11 19:59:52.186 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
28	2	—	—	$0.00	$0.05	$0.01		$1.53	$0.90	$1.45	-0.792	39.9%	2	—
Call · $27 Daily-bar session Sep 11, 2026 Quote as of 2026-09-11 14:35:05.050 UTC Last $0.01 Breakeven $27.01 Implied vol — Delta — Gamma — Theta — Vega — Open interest 28 OI effective date Sep 10, 2026 Model this call Put · $27 In the money Daily-bar session Aug 27, 2026 Quote as of 2026-09-11 19:59:59.935 UTC Last $1.53 Breakeven $25.47 Implied vol 39.9% Delta -0.792 ≈79% ITM Gamma 0.236 Theta -0.033 Vega 0.009 Open interest — OI effective date — Model this put
2	2	—	—	$0.00	$0.10	$0.08		—	$1.25	$2.00	-0.864	43.7%	—	—
Call · $27.5 Daily-bar session Aug 27, 2026 Quote as of 2026-09-11 19:59:53.671 UTC Last $0.08 Breakeven $27.58 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 10, 2026 Model this call Put · $27.5 In the money Daily-bar session Unknown Quote as of 2026-09-11 19:59:25.743 UTC Last — Breakeven — Implied vol 43.7% Delta -0.864 ≈86% ITM Gamma 0.164 Theta -0.026 Vega 0.007 Open interest — OI effective date — Model this put
1	1	—	—	$0.00	$0.25	$0.05		$2.45	$1.55	$2.60	-0.93	43%	2	—
Call · $28 Daily-bar session Jul 28, 2026 Quote as of 2026-09-11 19:59:52.170 UTC Last $0.05 Breakeven $28.05 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 10, 2026 Model this call Put · $28 In the money Daily-bar session Aug 27, 2026 Quote as of 2026-09-11 19:59:55.780 UTC Last $2.45 Breakeven $25.55 Implied vol 43% Delta -0.93 ≈93% ITM Gamma 0.103 Theta -0.015 Vega 0.004 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$2.10	$3.20	-0.88	65.8%	—	—
Call · $28.5 Daily-bar session Unknown Quote as of 2026-09-11 19:59:52.170 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $28.5 In the money Daily-bar session Unknown Quote as of 2026-09-11 19:59:51.375 UTC Last — Breakeven — Implied vol 65.8% Delta -0.88 ≈88% ITM Gamma 0.1 Theta -0.037 Vega 0.006 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$2.40	$3.70	-0.973	48.4%	—	—
Call · $29 Daily-bar session Unknown Quote as of 2026-09-11 19:59:53.047 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $29 In the money Daily-bar session Unknown Quote as of 2026-09-11 19:59:51.375 UTC Last — Breakeven — Implied vol 48.4% Delta -0.973 ≈97% ITM Gamma 0.043 Theta -0.006 Vega 0.002 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$3.30	$4.20	-0.853	98.5%	—	—
Call · $29.5 Daily-bar session Unknown Quote as of 2026-09-11 19:59:53.383 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $29.5 In the money Daily-bar session Unknown Quote as of 2026-09-11 19:59:31.228 UTC Last — Breakeven — Implied vol 98.5% Delta -0.853 ≈85% ITM Gamma 0.077 Theta -0.066 Vega 0.007 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.15	—		—	$3.30	$4.70	—	—	—	—
Call · $30 Daily-bar session Unknown Quote as of 2026-09-11 19:59:53.670 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $30 In the money Daily-bar session Unknown Quote as of 2026-09-11 19:59:51.317 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		$6.10	$4.20	$5.70	—	—	1	—
Call · $31 Daily-bar session Unknown Quote as of 2026-09-11 19:59:52.170 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $31 In the money Daily-bar session Aug 25, 2026 Quote as of 2026-09-11 19:59:51.375 UTC Last $6.10 Breakeven $24.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$5.20	$6.70	—	—	—	—
Call · $32 Daily-bar session Unknown Quote as of 2026-09-11 19:59:52.170 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $32 In the money Daily-bar session Unknown Quote as of 2026-09-11 19:59:51.375 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.30	—		—	$6.70	$7.70	—	—	—	—
Call · $33 Daily-bar session Unknown Quote as of 2026-09-11 19:59:52.792 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $33 In the money Daily-bar session Unknown Quote as of 2026-09-11 19:59:51.919 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put

About this data

Each contract's last price, day range and volume belong to the daily-bar session shown in its details; unknown means the source omitted that timestamp. Open interest has its own effective date shown separately; implied volatility and greeks are model values computed when fetched. This chain has mixed daily-bar sessions · Jul 28, 2026–Sep 11, 2026; 28 unknown. Positioning totals are shown only when every returned open-interest value has the same known effective date. Bid and ask are real-time consolidated OPRA readings.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. The 24 strikes around the money are shown by default — switch to "All 30" for the wings. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 1070423 CUSIP 726503105 13F (30d) 85 filings 77 filers Visit website Investor relations