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Plains All American Pipeline PAA 23.92 -0.61 -2.49%

Previous-day view · Fri Nov 6 close. You are previewing the previous trading day. Subscribe to see today live and every other date — Trader is $59/mo. Sign up Sign in

Expected move

November 06, 2026 close · $23.92
Horizon Expected move Typical range 2 in 3 closes 9 in 10 closes
Next session ±0.9% ±$0.22 $23.70 – $24.14 $23.65 – $24.19 $23.45 – $24.39
2 sessions ±1.3% ±$0.31 $23.61 – $24.23 $23.55 – $24.29 $23.26 – $24.58
3 sessions ±1.6% ±$0.39 $23.53 – $24.31 $23.46 – $24.38 $23.10 – $24.74
1 week ±2.1% ±$0.49 $23.43 – $24.41 $23.32 – $24.52 $22.87 – $24.97
2 weeks ±2.9% ±$0.69 $23.23 – $24.61 $23.07 – $24.77 $22.45 – $25.39
3 weeks ±3.5% ±$0.83 $23.09 – $24.75 $22.89 – $24.95 $22.16 – $25.68
1 month ±4.1% ±$0.97 $22.95 – $24.89 $22.70 – $25.14 $21.85 – $25.99
Size, not direction. The 68% and 90% bands held 66–68% and 89–90% of closes in held-out years 2019–2026. Draw the cone on the chart →

Volatility premium

Beta
The forecast is for the current session, which this plan does not open.

Earnings: priced against what happened

Average implied move
±2.37%
Average actual move
3.05%
Beyond the implied move
1 / 1
Median IV change
+8.39%
Reaction session Implied Actual Used ATM IV before → after
February 07, 2025 ±2.37% -3.05% 1.28× 22.3% → 24.1%
Reconstructed from archived mid quotes; the straddle covers its expiration, not only the reaction session. These are not option returns. Method and missing reports →