(f) Assume there will be lots;r volatility or relatively at market in the Sd' 500 over December 202i) and assume nmecan airlines wishes to take advantage of titis low volatility but unsure in which direction it would be. Propose a speculative option combination strategy that nmerican airlines can use to prot from this market condition. You must also describe the benets and possible shorucomings of your proposed option strategies. You must use users! option data to illustrate your option strategies Calculate the number of contracts required for the strategyr and provide the strike prices and total premium costs. Breakdown of assignment marks Refer assignment rubric on pages II - 5 Context and purpose of writing Introduction = 5% Content (Relates to sections 1 III including recommendations) = (25 + 25 + 25 = 75%) Sources and evidence = 10% Structure, presentation and attention to detail = 5% Grammar and expression = 5% Total = 1m%