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A put option has a delta of -0.3. A trader has bought 1000 options and wants to create a delta-neutral position. Use this info for

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A put option has a delta of -0.3. A trader has bought 1000 options and wants to create a delta-neutral position. Use this info for questions 5 and 6. 5. Should the trader take a long or short position in the asset? A. Long B. Short 6. How many units of the asset should be bought or sold? A. 300 B. 333 C. 1,000 D. 3,000

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