Trade Idea: A Derivative, Derivative, Derivative

We very rarely tout individual issues and when we do they are usually megacaps but how can one resist this little Mad Hatter's Tea Party? 
Plus we like Cup-and-handle set-ups to shade the odds a bit closer toward your favor. CME closed at $81.61 on Friday.
 
A financial exchange is a derivative of Keynes' animal spirits while an exchange that trades futures, and options on those futures, is one more step removed from reality while, and I have to be careful here because I'm getting that wilderness-of-mirrors vertigo feeling, establishing the position by way of an option should be yet another step away from the day to day.

From Dragonfly Capital:

CME, $CME, traced out a Cup the first 9 months of the year and after a small pullback in the handle seems ready to move back higher. The target on the pattern would be to 100. Looking shorter term there is a Measured Move higher to 89.75 first and resistance at 83.65 and 84.60 along the way. Support lower may come at 79 and 77.50 before 75.60. The RSI is holding in the bullish zone with a MACD that is leveling after a pullback. Short interest is low at 2% and the company reports earnings October 30th before the market opens.

Trade Idea 1: Buy the stock on a move over 81.80 with a stop at 79.80.
Trade Idea 2: Buy the October 31 Expiry 81 Calls (offered at $2.50 late Friday)....

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