To find the delta-normal Value at Risk (VaR) for an options position: First, calculate the Daily Volatility: $\sigma_{\text{daily}} = \text{Annual Volatility} / \sqrt{\text{Trading Days}} = 30\% / \sqrt{252} \approx 0.018898$ (or $1.8898%$)

Next, find the standard normal Z-score for a 1% significance level, which is approximately $2.33$.

Calculate the total position Delta in terms of shares: $\Delta_{\text{position}} = \text{Number of Options} \times \text{Delta per option} = 5,000 \times 0.3 = 1,500 \text{ shares}$

Finally, calculate the Daily VaR at the 1% level: $\text{VaR} = \Delta_{\text{position}} \times \text{Stock Price} \times \sigma_{\text{daily}} \times Z$ $\text{VaR} = 1,500 \times 300 \times 0.018898 \times 2.33 = 450,000 \times 0.04403 \approx 19,815$

The daily VaR is approximately USD 19,815.