Assuming that the tension between Ukraine and Russia is increasing due to the war between the two countries. The tension influences the stock markets of these two countries as well as other countries to a certain degree.

 Investors in the international markets are looking for a risk management strategy, which is suitable for their investment portfolios in either booming or crashing of the markets. (In other words, investors will gain if the stock prices move up or down significantly)

In your opinion, which options strategy you would recommend to the investors? Explain and plot the strategy's payoff/profit diagram.