25th November 2024 (Monday)
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Market Commentary
Tesla 3x Long DLC Returns +233%

Tesla's share price has gained +62% between 22 October to 22 November on the back of its recent positive earnings announcement and Trump's election victory.

In tandem with Tesla's rally, the 3x Long Tesla DLC (TSYW) has gained +233% during the same period while the 3x Short DLC (TSXW) suffered losses of -89%.

TSYW generated more than 3 times the performance of Tesla over the 24 trading day period due to the compounding effect of the DLCs in a trending market like Tesla's recent rally. Read more about the compounding effect here

Source: Societe Generale (dlc.socgen.com)

Tesla gained +3.8% on Friday 22 November to close at US$352.56 and investors will be looking to see if Tesla can break its all-time high close of US$409.97.

Investors looking to express their short-term view on Tesla can consider the 3x Long or 3x Short Tesla DLCs. Visit the US DLC page here for more information on the products features including the risks.

TSYW
TESLA 3xLongSG261006
TSLA 3x Long
Last Price1
12.660 +1.68
(+15.29%)
Last Update: 25/11/2024 09:51
 
TSXW
TESLA 3xShortSG261006
TSLA 3x Short
Last Price1
0.665 -0.12
(-15.29%)
Last Update: 25/11/2024 09:51
Last Price1: The DLC price displayed is based on the 'bid price' instead of the 'traded price'. This is to provide a more accurate representation of the DLC value at each particular point in time and a more accurate reflection of DLC price changes. DLCs do not trade as frequently as shares and sometimes may not record a trade for a long period of time though the bid/offer prices quoted by the Designated Market Maker may continue to move, therefore using the bid price is usually the best indicator of a DLC value.
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PHILLIP POEMS US STOCK DLC PROMOTION

 

TIGER BROKER DLC PROMOTION 

 

MOOMOO US STOCK DLC PROMOTION 

 

LIM & TAN SECURITIES US STOCK DLC PROMOTION 

 

CGS INTERNATIONAL US STOCK DLC PROMOTION 

 

Education
US Stock DLCs: What are the benefits and how does it work?

Click here to watch the video

Top Gainers / Losers
Code Name Bid Change1
(%)
Y4GW GanFeng 5xLongSG250423 +0.008
(+18.18%)
TSYW TESLA 3xLongSG261006 +1.68
(+15.29%)
VC7W Sunny 5xLongSG250423 +0.12
(+13.19%)
5XFW CNOOC 5xLongSG250423 +0.019
(+11.05%)
VLSW BYD 5xLongSG251216 +0.08
(+10.67%)
Code Name Bid Change1
(%)
TSXW TESLA 3xShortSG261006 -0.12
(-15.29%)
DYNW Kuaisho 5xShortSG250306 -0.005
(-12.82%)
CZVW DJIA 7xShortSG261029 -0.009
(-10.71%)
8E9W JD 5xLongSG250924 -0.045
(-10.23%)
DWYW JD 5xLongSG251113 -0.012
(-10.08%)
Bid Change (%)1: Change in Current Bid Price with respect to the Last Bid Price from the previous trading day.
Intinsic Closing Value: Last updated on 22/11/2024
  READ MORE  
   
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