Brian Stutland's Lumber Futures Trade

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On CNBC's "Futures Outlook," Brian Stutland said that lumber is heading lower and he wants to sell the November futures contract. Stutland is a seller at $575 and his price target is at $495.

He would place a stop loss at $625. He is willing to risk $5,500 to make $8,800.

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Posted In: FuturesMarketsMediaBrian StutlandCNBCFutures Outlook
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