A fund manager holds a portfolio and needs to determine the risk associated with it. The portfolio includes the following assets:

• 5,000 deep in-the-money call options.
• 20,000 deep out-of-the-money call options.
• 10,000 forward contracts on TUV, a non-dividend paying stock currently priced at USD 52.

Given that the annual volatility of TUV is 12% and there are 252 trading days in a year, what is the approximate 1-day 99% Value at Risk (VaR) for this portfolio?