An investor is holding 2000shares oftechnology index ETF,currently trading at $315per share.He believes that technology stocks will outperform other shares,but he is worried about a temporary drop in the market that might affect his portfoliodue to its high beta of 2.4.Calculate the delta of one share in the tech ETF,if the market proxy is the SPY,currently trading at $280 per share. Use this information to determinehow many SPY put optionsshould the investor buy/sell,if the put'sdelta is -0.67.

Round your answer tot the nearest integer. Indicate a sale of puts with a negative sign (do NOT add a + sign for a purchase).