ME METU Direxion Daily META Bull 2X ETF Loading... : Bullish and Bearish Analyst Opinions

The author argues that after the META trial ended with a smaller-than-expected fine, the resolution removed an overhang and he traded the 2x leveraged METU on margin, buying sub-$18 and seeing it reach $22-23. The mechanism is that a lighter regulatory penalty than feared re-rates the underlying META and the leveraged ETF amplifies the move. He frames this as a past opportunity he exited too early rather than a fresh forward call, and the main risk he implies is the leverage/margin exposure that makes such a trade 'insane'.