The profitable one-sided bet this offered employees was known variously as the Acapulco Play, IBG (I’ll be gone if it doesn't work), and, in Chicago, the O’Hare Option (buy a ticket departing from O’Hare International Airport: if the strategy fails, use it; if the strategy succeeds, tear up the ticket and return to the office). That such strategies were common enough in the industry as to have names suggests that not all traders were oblivious to the risks they were taking.
Acapulco Play, IBG, O'Hare Option: have an escape plan in place in case things blow up.
