I spent many years in occupational health evaluating and monitoring employee exposures to volatile compounds from plastics and composites, and you don't have anything to worry about when heating plastic in your oven. The temperatures aren't high enough, the amount of plastic is small, you aren't going to do it very often, and the plastic is only going to be brought quickly to temperature - not held there for a long time. There may be be a mild plastic smell, but no health hazard.
It won't ruin your oven, and just opening the door when you are finished will allow any vapor to escape. If you want to be absolutely sure just keep the oven door slightly open when the plastic is inside. I doubt you'll even smell anything - you aren't trying to burn it, just soften it.
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