Please use finance knowledge to answer the following questions?

After reading today's newspaper you speculate that there is going to be significant volatil- ity in the stock market over the next month, but you aren't sure which direction. Briefly describe an investment strategy using call and put options that you can use to profit off of this anticipated volatility? Hint: It may be helpful to draw a payoff diagram to answer this question, but such a diagram is not required for the