A runner passes the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

A Huge Options Trade Is Betting Markets Are Wrong on Fed Cuts

(Bloomberg) -- There may be a new eurodollar whale in town. About $30 million has been plowed into an options bet that the market has gone too far in pricing in Federal Reserve cuts this year.