Need suggestion on election based event strategy

Hi, I'm from India and we have our election results slated to be released on Jun 4th. So is it better to hold a Put Calendar spread now until the results to benefit from both decay and the high vega (volatility) – OR is it better to hold a short straddle now to benefit from high premium and crash in volatility expected post the results?

I'm confused whether to ride the current volatility that is expected to stay at current levels or increase until the results date or is it better to sell options in a straddy since premiums are high now and will come down significantly post results?

Please advise