# How can I manually calculate the VAR of a call and put portfolio?

How would I solve the following question? Im unsure how to estimate the stock price using MCS.

• Are you familiar with the so-called Normal Delta Method of calculating VaR? You replace the option with a leveraged position in the stock, based on the delta. And you assume that stock returns are normally distributed. – noob2 May 13 at 1:22