Explained: Options vs. Perpetual Contracts vs. Futures Contracts
Intermediate
Options
Feb 12, 2026
3 min read
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Key Takeaways:
Bitcoin options, perpetual contracts and futures contracts are forms of derivatives trading that involve speculating on an asset's price.
Perpetual swaps can be held indefinitely, without an expiration date, whereas an options contract usually comes with an expiration date.
Futures contracts usually come with a specified expiration date.