Fly fishing. Walking the dog. These days, the lumber futures market is so slow, traders have time to do other things.
, but trading them has gotten pretty boring.
In 25 of this year’s 35 trading sessions, prices of the leading lumber futures contract have moved so sharply that they have ended the day stuck at limits designed to ensure an orderly market. Some mornings, trading has opened at the limit and remained there. On those days, trading in lumber futures basically ends before it begins.
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