15th July 2025 (Tuesday)
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Market Commentary
Tesla Kicks Off Q2 Earnings Season

Magnificent 7 stocks earnings results are expected to be released mostly in late July, as tabled below. How can investors position themselves for this earnings season using the 3x Long and 3x Short DLCs on each of the Magnificent 7 stocks?

1. Initiate a position after the earnings release during SGX market hours

As the earnings releases is expected to be announced after US market hours (or earning in the morning Singapore time), investors can first monitor how the US share price reacts to the results in the US post-market session before choosing to initiate a 3x Long or 3x Short position using the DLCs when SGX market opens at 9am Singapore time. 

2. Position ahead of the earnings release

As the earnings results is expected to be announced after the US market close on the earnings release dates, this means investors have till 5pm Singapore time on earnings release date to trade the 3x Long or 3x Short DLCs to position themselves ahead of the earnings release. 

It is important to note that investors can only trade the US Stock DLCs during SGX market hours and cannot manage their positions overnight during US market hours. 

Date Company
7/24 Tesla
7/29 Alphabet
7/30 Meta, Microsoft
7/31 Apple, Amazon
8/27 NVIDIA

Watch the video on how the US Stock DLCs work below and visit the US DLC page here for more educational information on the product features including the risks. 

NVIW
NVDA 3xLongSG261006
NVDA 3x Long
Last Price1
4.850 +0.21
(+4.53%)
Last Update: 15/07/2025 10:18
 
NVDW
NVDA 3xShortSG261006
NVDA 3x Short
Last Price1
0.400 -0.02
(-4.76%)
Last Update: 15/07/2025 10:18
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.
  CLICK FOR MORE PRODUCT INFO  
New Issuance
Stock
Code
DLC
Name
Underlying Leverage
Factor
Listing
Date
ZVNW Alibaba 5xLongSG270712 Alibaba 5x 17/07/2025
IEYW CATL 5xLongSG270712 CATL 5x 17/07/2025
LKVW Nasdaq 3xShortSG280309 Nasdaq-100 Stock Index -3x 17/07/2025
UTNW Nasdaq 3xLongSG280309 Nasdaq-100 Stock Index 3x 17/07/2025
UQKW STEng 5xLongSG270712 ST Engineering 5x 17/07/2025
9SWW STEng 5xShortSG270712 ST Engineering -5x 17/07/2025
UYNW Sunny 5xShortSG270112 Sunny Optical -5x 17/07/2025
YKEW Keppel 5xShortSG270706 Keppel -5x 08/07/2025
GSEW Keppel 5xLongSG270706 Keppel 5x 08/07/2025
ZBTW Popmart 5xShortSG270706 Pop Mart International Group Limited -5x 08/07/2025
IAUW Popmart 5xLongSG270706 Pop Mart International Group Limited 5x 08/07/2025
DLCs on this underlying asset is launched for the first time.
  CHECK OUT THE NEWLY LAUNCHED DLCs  
New Features
US Stock & Indices 24-hour Chart

Education
How to Trade the US Stock DLCs?

Click here to watch the video

 

Top Gainers / Losers
Code Name Bid Change1
(%)
ODJW Bilibili 5xLongSG270216 +0.043
(+25.00%)
VLLW Kuaisho 5xLongSG261217 +0.06
(+13.33%)
EHPW NetEase 5xLongSG251216 +0.023
(+12.64%)
HLJW NetEase 5xLongSG250924 +0.013
(+12.04%)
NUGW Meituan 5xLongSG250924 +0.002
(+11.76%)
Code Name Bid Change1
(%)
XN7W Kuaisho 5xShortSG260908 -0.002
(-12.50%)
SJRW NetEase 5xShortSG261027 -0.011
(-11.22%)
96KW Meituan 5xShortSG260513 -0.05
(-10.75%)
56QW Alibaba 5xShortSG260513 -0.003
(-10.71%)
9B2W HSTECH 7xShortSG270309 -0.07
(-9.46%)
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 14/07/2025
  READ MORE  
Top 10 traded DLCs
Code Name Underlying1
Chg (%)
Bid Change2
(%)
Bid Price Value traded
YPCW HSTECH 7xLongSG270331 +1.28% +0.014
(+9.40%)
0.163 361K
9B2W HSTECH 7xShortSG270309 +1.28% -0.07
(-9.46%)
0.670 306K
ECSW HSI 7xLongSG251218 +0.68% +0.04
(+4.94%)
0.855 292K
CVMW HSI 5xLongSG261029 +0.68% +0.05
(+3.92%)
1.330 286K
WIEW HSI 5xShortSG280330 +0.68% -0.03
(-4.17%)
0.690 234K
X7GW Sembcorp 5xShortSG270331 +1.46% -0.012
(-6.38%)
0.176 229K
VLLW Kuaisho 5xLongSG261217 +2.68% +0.06
(+13.33%)
0.510 221K
Z7MW Alibaba 5xShortSG270309 +1.98% -0.065
(-8.28%)
0.715 135K
LQEW Xiaomi 3xShortSG271125 +0.70% -0.03
(-0.93%)
3.180 133K
RQGW HSI 7xLongSG251216 +0.68% +0.08
(+5.28%)
1.595 131K
Underlying Chg (%)1: Data calculated based on the percentage change in underlying asset price between 14/07/2025 and 15/07/2025 10:18.
Bid Change (%)2: Change in Current Bid Price with respect to the Last Bid Price from the previous trading day .
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