Here is an example of directional bet with ES Options

Here is an example of directional bet, using ES options (ESU20 2900Calls) with an assumption that (1) ES can reach the price target of 3100 on (or before) Sept20 OPEX day; (2) you have $100K money to spare :

			ESU20 Target price @ Sept20 OPEX Day
		Current	2918	2950	3000	3050	3100
Premium		18	Breakeven Point	32	82	132	182
Contract(s)	1	$900		$1,600	$4,100	$6,600	$9,100
	10	$9,000		$16,000	$41,000	$66,000	$91,000
	20	$18,000		$32,000	$82,000	$132,000	$182,000
	30	$27,000		$48,000	$123,000	$198,000	$273,000
	40	$36,000		$64,000	$164,000	$264,000	$364,000
	50	$45,000		$80,000	$205,000	$330,000	$455,000
	60	$54,000		$96,000	$246,000	$396,000	$546,000
	70	$63,000		$112,000	$287,000	$462,000	$637,000
	80	$72,000		$128,000	$328,000	$528,000	$728,000
	90	$81,000		$144,000	$369,000	$594,000	$819,000
	100	$90,000		$160,000	$410,000	$660,000	$910,000
	110	$99,000		$176,000	$451,000	$726,000	$1,001,000