$UOB 5xLongSG261217(W9AW.SG)UOB still holding up well. I’m keeping this position because the underlying thesis hasn’t really changed for me.

Singapore banks remain fundamentally strong, supported by solid balance sheets, healthy capital levels and recurring fee/dividend income. Even if lower rates eventually put some pressure on NIM, I don’t think that automatically means the banking story is over. Loan growth, wealth management and fee income can help offset part of that normalization.

For UOB specifically, I also like the longer-term ASEAN exposure. Regional growth gives the bank another avenue beyond just the Singapore market.

With this being a 5x DLC though, I’m watching momentum closely. Good underlying company doesn’t remove the leverage risk, especially when holding for multiple days.

Still comfortable with this trade for now. Not chasing higher, just letting the position work and protecting the gain if momentum starts to change. @Captain's Treasure