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 WINDOWJun 13, 2016
EXPIRY SESSIONJun 17, 2016
HOLIDAY ADJUSTEDNo
BTC DATA7/7 windows complete
DIRECTIONAL PRIORNone
OBSERVED BTC PATH · COMPLETED DAILY CANDLES

Bitcoin reaction after expiry

HorizonReturnWorst excursionBest excursion
1D-1.40%-4.54%+2.00%
3D-8.66%-8.93%+2.00%
5D-21.47%-26.20%+2.00%
7D-12.96%-29.31%+2.00%
14D-11.90%-29.31%+2.00%
30D-11.66%-29.31%+2.00%
90D-21.35%-37.25%+2.00%

Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.