A trader uses a stoploss strategy to hedge a short position in a three-month call option with a strike price of 0.7000 on an exchange rate. The trader covers the option when the exchange rate is 0.7005 and assumes a naked position when the exchange rate is 0.6995. The value of the option is 0.1. What is the estimation of the expected number of times the trader covers the position during the life of the option??