The investor has taken a 100% "all-in" position in PALU (Direxion Daily Palo Alto Networks Bull 2X Shares) at an average cost of $33.60, targeting a bullish move for Palo Alto Networks ($PANW) ahead of its June 2nd earnings. The bullish thesis is supported by a $10M insider buy from the $PANW CEO, a $1B stock buyback authorization, and significant Q1 2026 position increases from hedge funds like Atreides Management. Additionally, the investor recently exited a position in Harmonic ($HLIT) at $16.32 for an 8% gain to fund this trade.