ES’s have made three drives towards a possible stop. Long Term trend is clearly up. However, it has formed a ten day congestion period. Two days ago it showed a narrower range with increased volume. That has now penetrated to the down side. One possible play is to sell the ES’s short and sell 1745 puts short. If this is done on a 1/2 basis it gives a wide range of profit possibilities from 1695 to 1805 at expiration. Max profit potential is $2,900.