My overtly dramatic but realistic prediction for the OFMD S2 pearl necklace:
After Stede and Ed make up, their freshly reestablished bond is (understandbly so) very fragile because Ed still carries a lot of the hurt from that night on the beach with him.
Stede, seeing how horribly he hurt the man that he loves, decides to come up with a plan and tells Ed that the crew and him will do some “lame robbery” to earn some money back and that Ed should just stay in the cabin because it wouldn’t excite him anyways and he should better use that time to rest and to get some energy back.
In reality Stede drags the crew into a fancy jewlery store and asks them for help to pick out something fancy because of Ed’s love for fine things.
The crew being absolutely done (because let’s be real “picking out apology jewlery for your captain’s boyfriend who left you out to die” really wasn’t part of the job description) just points at all kinds of stuff in hopes of going back to the ship as soon as possible.
However, Stede - being the extra person he is - feels like nothing is good enough for his beloved until he sees the pearl necklace and his eyes light up.
The crew looks very sceptical and asks their captain if he is sure that that is really something that Edward, Blackbeard, would like; but Stede is 100% convinced (“It’s perfect”).
So they steal the necklace (“I am sorry gentlemen, I wish I could pay you for your services but I’m doing this in the name of love!”) and head back to the ship.
When Stede arrives, Edward is already standing on deck and skeptically but curiously comes up to see what they gathered from the “lame robbery” - Izzy is right by his side and looks as pissed as ever.
While the crew already prepares to be thrown of the ship a second time, Stede hides the necklace behind his back and starts with a speech that probably goes something like:
“Ed, I know how much I’ve hurt you but I wanted you to know that I am so thankful to have been given a second chance by you and that I really don’t take any of this for granted.
And to honor that, I, with the help of the crew, picked out this fine piece of jewlery to remind you of the fact that you are worthy of beautiful things and how much I really meant it when I told you that I loved you”
Edward very slowly takes the pearl necklace out of Stede’s hands and looks at it with an unreadable expression - which in turn makes Izzy grin with pride:
“You are such a miserable creature, Bonnet. Did you really think that you could make someone like Blackbeard, the most cruel pirate to have ever lived, forgive you by gifting him a woman’s necklace?!”
“I love it”
“Exactly! He- WHAT?!”
Ed’s eyes are watery and still focused on the necklace as he quietly repeats himself:
“I love it”, he says, hesitates, but then walks up to Stede and kisses him on the cheek, “thank you” he adds and starts blushing.
(“Most cruel pirate to have ever lived” repeats Black Pete meanwhile under his breath with an obvious eyeroll, which earns him an elbow from Lucius)
Stede finally feels the tension leave his body and manages to shyly reply “no, thank you” with a smile that mirrors Ed’s.
Izzy only manages to hiss “I’m too old for this shit” as he turns on his heel and walks off.
But Ed honored the symbol of their renewed love and never went anywhere without the necklace again.