Options Boot Camp 404: WTH Are PERPS?

What the heck are PERPS—and why are they suddenly everywhere? On this episode of Options Boot Camp , Mark Longo and Dan Passarelli tackle one of the hottest topics in the derivatives world: perpetual futures , better known as perps . They break down how perpetual futures work, why they don't have expiration dates, how they differ from traditional futures contracts, and why eliminating expiration…