Strong Buy APP by Jan 18, 2026.

Alright looking for thoughts here. APP has had multiple PT raises, fundamentals seem fine, but this thing has been an absolute roller coaster the last 6 months, straight up elevators both ways. One thing I’m wondering about is the huge Jan 16 LEAP expiration that just hit. Is it possible some of this dump into expiration was just options mechanics? Dealer hedging, LEAPs getting rolled/unwound, gamma nonsense, etc. Basically price getting pushed around for reasons that have nothing to do …