It is incredibly frustrating to predict a market move correctly, only to suffer liquidation from a sudden price wick just before your expectations materialize. Avoiding this exact scenario is precisely what makes options so appealing to perp traders, rather than complicated lectures about the Greeks. Our team has now facilitated over $39B in cumulative options notional volume. Based on that experience, we would like to share 3 essential lessons we discovered while developing options in parallel with perps.