PAA - Why it can go higher, even if oil doesnt

-Poster believes that stocks in certain companies, such as PAA, are good long-term plays -They have invested in PAA, based on oil demand forecasts and other factors -PAA benefits from good oil locations and high oil demand -The poster has a large number of contracts for PAA stock through 2026 -They believe in waiting until the elections to exercise their contracts -PAA's dividends and undervalued stock are reasons to invest -Options buying and delta hedging are strategies for investing in PAA -Geopolitical factors such as OPEC cuts and tensions in the Middle East influence the stock -The poster believes higher oil prices are likely due to global economic growth -Positions include multiple calls on PAA stock with various strike prices and expiration dates