Quarterly expiry research
DERIVATIVES · QUARTERLY EXPIRY
Quarterly US Derivatives Expiry
Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.
STATUSCOMPLETED
ROLL WINDOWDec 14, 2015
EXPIRY SESSIONDec 18, 2015
HOLIDAY ADJUSTEDNo
BTC DATA7/7 windows complete
DIRECTIONAL PRIORNone
OBSERVED BTC PATH · COMPLETED DAILY CANDLES
Bitcoin reaction after expiry
| Horizon | Return | Worst excursion | Best excursion |
|---|---|---|---|
| 1D | +1.27% | -0.86% | +2.22% |
| 3D | -4.10% | -6.77% | +2.22% |
| 5D | -2.87% | -6.77% | +2.22% |
| 7D | +0.07% | -6.77% | +2.22% |
| 14D | -4.36% | -9.99% | +2.22% |
| 30D | -16.91% | -22.96% | +2.22% |
| 90D | -8.14% | -22.96% | +2.22% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.