Trade options on futures lumber futures options reflected

Lumber futures options reflected slowdown concerns, with August $630 puts gaining amid U.S. housing data softness. Builders are locking in risk protection. August recorded an average daily open interest of 335,200 contracts, up 95% year-on-year and representing $31.6 billion in notional value. Average daily trading volume that month also surged to 411,000 contracts, a 230 percent increase from the prior year, equivalent to $14.9 billion in notional value. Published in the 2nd or 3rd week of the month by BLS, the PPI is a weighted index of prices measured at the wholesale or producer level. It shows trends within the wholesale markets, manufacturing industries and commodities markets. Silver trade options on futures attracted speculative inflows, with December call spreads aligning to momentum breakout patterns above $30.