Chicago traders in their ’80s heyday had a crazy move called the ‘O’Hare Play’

John Zich | AFP | Getty Images

Traders in the OEX pit at the Chicago Board Options Exchange climb the walls of the pit in their scramble to make trades 18 April 2001 in Chicago, Illinois, at the moment news hits that the Federal Reserve has made an unexpected half-point cut in interest rates. A

Traders were already famous for risk-taking in the 1980s. But one bet is particularly absurd.

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