Since lumber is in the news, seems like a good time to revisit one of my favorite trading anomalies -- front month lumber futures returns by day of week.pic.twitter.com/SMrBU50voy
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The entire complex has less than 3k total contracts of open interest. A 10 lot can take it from unchanged to limit. A model of illiquidity.
This is true. I have personally moved the lumber market. This is not a humble brag.
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