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An investor technology portfolio is worth currently $20,000. He believes that technology stocks will outperform other shares, but he is worried about a temporary drop

An investor technology portfolio is worth currently $20,000. He believes that technology stocks will outperform other shares, but he is worried about a temporary drop in the market that might affect his portfolio due to its high beta of 2.5. The market proxy is the SPY, currently trading at $400 per share. How many SPY put options should the investor buy/sell, if the put's delta is -0.39

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