Hm let's see if I can write this up before I get ninja'ed.

First, there really is no one answer. Désolé!
$$B Monkey jump
$$ -----------------
$$ . . . . . c . . .
$$ . . B . . . . . .
$$ . . B W W @ . @ @
$$ . . X X . . @ @ .
- Click Here To Show Diagram Code
[go]$$B Monkey jump
$$ -----------------
$$ . . . . . c . . .
$$ . . B . . . . . .
$$ . . B W W @ . @ @
$$ . . X X . . @ @ .[/go]
The two black stones and two white stones in contact make the endgame reducing move at the marked spot playable. The other white stones can be in lots of different places, and they effect best play for black and white.
$$B Monkey jump
$$ -----------------
$$ . . . . . c . . .
$$ . . 1 2 . . . . .
$$ . . B W W @ . @ @
$$ . . X X . . @ @ .
- Click Here To Show Diagram Code
[go]$$B Monkey jump
$$ -----------------
$$ . . . . . c . . .
$$ . . 1 2 . . . . .
$$ . . B W W @ . @ @
$$ . . X X . . @ @ .[/go]
This is the simplest way for W to respond - block as soon as B descends. Whether this is the biggest move on the board of course, is impossible to say. You need to think about what moves W has elsewhere, whether the monkey jump is sente or gote, and whether the hane on the first line will be W's privilege.
(That is to say, when W plays a move where a local followup is sente for W and gote for B, we assume that either W will get to make the followup, or B will have to give up a move elsewhere prevent W's sente: so in this case, if W descends we assume that eventually the board will look like this:)
$$B Monkey jump
$$ -----------------
$$ . 5 4 6 . c . . .
$$ . 7 1 2 . . . . .
$$ . . B W W @ . @ @
$$ . . X X . . @ @ .
- Click Here To Show Diagram Code
[go]$$B Monkey jump
$$ -----------------
$$ . 5 4 6 . c . . .
$$ . 7 1 2 . . . . .
$$ . . B W W @ . @ @
$$ . . X X . . @ @ .[/go]
Now, once B has made the monkey jump, what should you do? Again, it depends, it all depends. But the obvious move:
$$B Monkey jump ending in sente
$$ -----------------
$$ . . . . . 1 . . .
$$ . . X . . 2 . . .
$$ . . X O O O . O O
$$ . . X X . . @ O .
- Click Here To Show Diagram Code
[go]$$B Monkey jump ending in sente
$$ -----------------
$$ . . . . . 1 . . .
$$ . . X . . 2 . . .
$$ . . X O O O . O O
$$ . . X X . . @ O .[/go]
The key thing to understand is that after W plays on top, B can't get any further into W's territory.
$$B Monkey jump ending in sente
$$ -----------------
$$ . . . . 4 1 3 . .
$$ . . X . . 2 . . .
$$ . . X O O O . O O
$$ . . X X . . @ O .
- Click Here To Show Diagram Code
[go]$$B Monkey jump ending in sente
$$ -----------------
$$ . . . . 4 1 3 . .
$$ . . X . . 2 . . .
$$ . . X O O O . O O
$$ . . X X . . @ O .[/go]
$$B Monkey jump ending in sente
$$ -----------------
$$ . . . 6 3 1 4 . .
$$ . . X . . 2 5 . .
$$ . . X O O O . O O
$$ . . X X . . @ O .
- Click Here To Show Diagram Code
[go]$$B Monkey jump ending in sente
$$ -----------------
$$ . . . 6 3 1 4 . .
$$ . . X . . 2 5 . .
$$ . . X O O O . O O
$$ . . X X . . @ O .[/go]
So B will have to be satisfied with something like this:
$$B Monkey jump ending in sente
$$ -----------------
$$ . . . 7 3 1 4 . .
$$ . . X 5 6 2 8 . .
$$ . . X O O O . O O
$$ . . X X . . @ O .
- Click Here To Show Diagram Code
[go]$$B Monkey jump ending in sente
$$ -----------------
$$ . . . 7 3 1 4 . .
$$ . . X 5 6 2 8 . .
$$ . . X O O O . O O
$$ . . X X . . @ O .[/go]
Depending on surroundings, though,

might be elsewhere.
$$B Monkey jump ending in sente
$$ -----------------
$$ . . . 3 . 1 4 . .
$$ . . X . . 2 . . .
$$ . . X O O O @ O O
$$ . . X X . . . O .
- Click Here To Show Diagram Code
[go]$$B Monkey jump ending in sente
$$ -----------------
$$ . . . 3 . 1 4 . .
$$ . . X . . 2 . . .
$$ . . X O O O @ O O
$$ . . X X . . . O .[/go]
Here either W or B has a gote follow-up (capturing/saving

) later.
But even though this

is standard doesn't mean you should play it by rote. Sometimes the monkey jump doesn't work at all, and in that case you may need to play your first move elsewhere. You may also have to shift

if there are black stones inside the territory that W is trying to defend, or if the white stones on the border are having liberty problems.