IFLY - Lumber Makes A Move - Weyerhaeuser And WOOD Follow
Commodities can be the most volatile asset class as price variance often causes values to double, triple, or half over short periods. Meanwhile, commodities tend to take the stairs to the upside and an elevator shaft when they turn lower. Liquidity in all markets is always a significant consideration. In commodities, the best measures of liquidity are volume and open interest statistics. Open interest measures the total number of open long and short positions in a futures market while volume measures the number of contracts that change hands over a period. The higher these metrics,