Part A (4marks)Usethe open interest or trading volume data provided for the period 1stJanuary 2021 to 15thAugust 2021to investigate the market outlook. You are required to, at a minimum:plot the put-call ratio graph for the period 1stJanuary 2021 to 15thAugust 2021. Explainyour choice of open interest or volume.(2mark)

analyze the put-call ratio graph vis-a-visthe market outlook. Explain your findings and how that lead to your conclusion of whether the market islikely to be bullish, bearish or neutral.(2mark)

Part B (10 marks)Based on your analysis in Part A, execute an option strategy for the period 16thAugust to 30thAugust 2021 to capitalise on the market outlook. You are required to, at a minimum:determine an option strategy appropriate to your analyses in Part A. Explain your choice of the strategy and its execution. Your strategy may comprise only options or incorporate both options and stock. Assume a capital of $1,000,000.(4 marks)tabulate and evaluate the performance of the strategy in terms of risk and return, and potential improvement.(6 marks)

please only explained all questions details. please explain what is put-call ratio graph, market bullish, bearish or neutral and What does each questions need to do, and what knowledge points are related.