Bear risk reversal. 20-25D short call. long put. You'll have to pay a debit but it converts the portfolio into a synthetic bull vertical (optimally-hedged).
Using ATR and other analogies is pointless. If it's overpriced then where are the sellers? Would you have wanted to short puts at...
Because speculation is not the same thing as property damage, right? The homeowner will not intentionally act contrary to self-interest, and if so, the insurance company won't pay on arson.
Have you even tried to buy private hurricane insurance in Florida on the coastal Panhandle?
They lie about regulation, so I suppose that all you can do is to try and parlay your $30 or whatever and hope that they cash you out. Sure, they are going to pay on lunch money "selective scammers" as it is.
That's the tightest market that I can imagine in SN tech digitals. I can't imagine they are going to let you cash out of anything over say, $1K. They cannot feasibly hedge this other than internalizing against other client accounts.
The NY judge did not "appraise" the thing at $18MM... he used Trump's words to PBA that the property is only worth $18MM
You're slipping, Bro.
And the fucking thing is a tear-down. It can not be made into a private residence. It must remain a club. The $200MM waterfront is asking. Why not ask...
Dude!
He argued that the Palm Beach assessor's valuation of $25MM was TOO HIGH and stated that it was worth less than $20MM. Something like 17-18MM. Now it's worth two yards?
So fucking WHICH IS IT?
While $27 million is obviously an undervaluation, Mar-A-Lago can't be developed or turned into...
Totally not what I am referring to. This c*nt defrauding the taxpayer with his $15MM tax declarion for Mar a Largo which he states publicly that it's worth $400MM. Pays $600 in taxes in 2017(?)
And your statement is misinformed:
President Donald Trump has had $287 million worth of loans...