LEAP call for leveraged exposure with ~71% less capital than 100 shares. Breakeven: $198.13. Return scenarios: $210 → ~25%, $230 → ~66%, $250 → ~108%. Catalysts: Meta signed 20-year deals for 2,609 MW of Vistra nuclear power (433 MW new capacity from uprates); separate 20-year 1,200 MW deal at Comanche Peak delivering Q4 2027; DOE conditional commitment up to $4.2B in loans for nuclear plant upgrades; Q2 adjusted EBITDA $1.77B (+31% YoY), 2026 guidance $6.8B-$7.6B reaffirmed; $6.5B buybacks since Nov 2021 (~30% share count reduction); trades ~16x forward earnings, 23% below 52-week high. Max loss: $4,813 per contract. Scale out implied at $210, $230, $250.