The correct option is C hyperbola
Let mid point of the chord is, p(h,k)
Thus equation of chord with P as its mid point is, hxa2−kyb2=h2a2−k2b2
Given it passes through (α,β)
⇒hαa2−kβb2=h2a2−k2b2
⇒(h−α2)2a2−(k−β2)2b2=α24a2−β24b2
Hence locus of p(h,k) is,
(x−α2)2a2−(y−β2)2b2=α24a2−β24b2