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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. The trader should take

A put option has a delta of -0.3. A trader has bought 1000 options and wants to create a delta-neutral position. The trader should take a _____ position, and have _____ units of the asset.

a. short 1,000

b. long 1,000

c. long 300

d. short 333

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