While many traders have been betting that the central bank will hold rates steady, rates are expected to fall eventually.
The programs are set to buy or sell, most recently on how traders bet on short-term interest rates.
In many cases, traders are betting against the very bets they made only a few weeks ago.
And traders are now betting that rates will rise far more slowly than they had expected.
But if traders bet wrong, trading for the firm's account can quickly produce heavy losses.
Consistently those overnight traders have bet that the rally is just around the corner.
It appears that traders are betting that a deal will be announced sooner rather than later.
About 6,600 traders are betting $180,000 on this year's Presidential election.
Uncovered short positions in Nasdaq stocks rose to another record high, as more traders bet prices would fall.
All of them were sold heavily in foreign exchange markets as traders bet that they would be devalued.