A 20-year-old male sustains a right ankle injury after landing awkwardly catching a rebound in a basketball game. The next day he has swelling and ecchymosis present about the lateral ankle. There is no effusion in the knee. His area of maximal tenderness is represented by the area at the white arrow in Figure A. The examination demonstrated in Figure B reveals 2mm of ankle translation. The examination demonstrated in Figure C is not provocative for pain. A 3-view radiograph of the ankle is normal. What is the next most appropriate step in management?