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Jamil Hreich Profile
Jamil Hreich

@jamhre

Followers
645
Following
3K
Media
475
Statuses
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Markets. Risk. Humanity. History. ex-SDE/SDM turned trader. An aspiring flaneur looking for optionality. "Freedom is not free".

Canada, Lebanon
Joined November 2010
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@priceactionlab
Price Action Lab
1 day
I was writing about spheres of influence and the Monroe Doctrine drivers of the #gold rally a year ago, before most analysts even understood them. Find the article over there and subscribe, over there, because I will not post any more article on this platform due to deboosting.
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@jamhre
Jamil Hreich
1 day
1% gap ups/downs: Boring day in the markets, so I looked at how often 1% gap ups/downs happened and how long it took for gaps to get filled #SPX #ES $SPY. Noticed that: - 1% gap ups/downs happen more often that I thought - gaps used to take less to fill - 5-day gap fills might
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@jamhre
Jamil Hreich
2 days
With $SPY now close to retracing Tuesday’s ~-2% drop, is it smooth sailing to a new ATH (SPY 700+) or will it fill yesterday’s gap (~685) first? Next Monday's (26Jan) SPY 685 puts offer an attractive risk/reward here (I want them cheaper before I buy).
@jamhre
Jamil Hreich
3 days
Got some 23Jan $SPY 670 puts for $0.37. There is just too much going on it's crazy to not have some insurance!
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@jamhre
Jamil Hreich
3 days
Out at an avg price of $0.97. Worked well. Will roll them into next week's.
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@jamhre
Jamil Hreich
3 days
Got some 23Jan $SPY 670 puts for $0.37. There is just too much going on it's crazy to not have some insurance!
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@jamhre
Jamil Hreich
4 days
And small caps $IWM (down 1.25%) continue to outperform large caps $SPY (down 2.10%). Getting more interesting @mikeharrisNY eh?
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@jamhre
Jamil Hreich
4 days
Today's worst #SPX performers as of 10:30AM. Among the #Mag7 only $NVDA is on the list.
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@jamhre
Jamil Hreich
4 days
Got of this $SOXD.TO trade for a scratch. Semis - surprisingly - are doing relatively well. Oh well.
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@jamhre
Jamil Hreich
5 days
With #SPX futures down ~1%, I checked how semis (e.g. $SMH) typically open on similar days. On average, $SMH opens lower as well - ~1.66x the move in $SPY (5-yr history). That implies a -3x inverse ETF like $SOXS would open at ~5x $SPY ’s move. With U.S. markets closed, this
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@jamhre
Jamil Hreich
5 days
Wise reminder from someone with skin in the game. Possibly very timely as well!
@mikeharrisNY
Michael Harris ∀p(p→◊Kp)
5 days
🚨 Breaking! Avoid rationalizing the irrational. Even if it's rational, you don't have all the information. Follow price, and if you've already made enough, relax and watch the show. Use simple indicators and risk management. Complex schemes like derivative synthetics are traps.
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@jamhre
Jamil Hreich
6 days
Why was this error made? Simple. It's called confirmation bias. Accounts like the one below should stop posting about Iran. They are not credible and are making things worse. Not defending the regime, but when tons of fake news is being spread, everything becomes questionable.
@MarioNawfal
Mario Nawfal
6 days
Correction: Image used is not of Iran protests, community note is accurate. Apologies for the error, we’re looking into why it was made, as we could have easily used any image or footage from the Iran protests, there’s plenty there. Post not deleted as story still stands, and
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@jamhre
Jamil Hreich
6 days
Probability can be so unintuitive even when the math is so simple
@nntaleb
Nassim Nicholas Taleb
7 days
The "paradox" is that the more low-probability details one adds to gender=boy, the bigger the sample space and the probability of a girl converges to --> ½. https://t.co/V42hXfBzxR
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@jamhre
Jamil Hreich
6 days
Used to watch foodies cook and create original recipes. It was fun. Now it’s just people chewing on camera, eyes closed, humming like they unlocked a rare emotion. Congrats on eating.
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@mikeharrisNY
Michael Harris ∀p(p→◊Kp)
8 days
Trader A: Our Sharpe is 1 (but vol is 30%) Trader B: Our Sharpe is 1 (but vol is 40%) Trader C: My Sharpe is 1 (but vol is 10%) A and B in a podcast: C underperforms the market. Lesson: A and B are the types to avoid.
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@jamhre
Jamil Hreich
8 days
Fragile egos would rather burn trust than swallow pride
@nntaleb
Nassim Nicholas Taleb
9 days
Some people are so insecure that they prefer to make you believe they lied rather than admit they made a mistake.
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@jamhre
Jamil Hreich
8 days
-21'c this morning in #Ottawa, and it feels like -31'c. But it is sunny and mainly clear🙂
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@jamhre
Jamil Hreich
10 days
Itching to short #silver ... $SLV $ZSL #XAGUSD
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@jamhre
Jamil Hreich
10 days
When did the word "journey" become a buzzword? it is everywhere, even in job titles like journey transformation architect, journey alignment director, and chief journey officer!
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@jamhre
Jamil Hreich
11 days
Am I supposed to be impressed by the life of an actor?
@Rainmaker1973
Massimo
11 days
You may not know that Keanu Reeves was abandoned by his father at 3 years old and grew up with 3 different stepfathers. He is dyslexic. His dream of becoming a hockey player was shattered by a serious accident. His daughter died at birth. His wife died in a car accident. He has
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