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 WINDOWSep 11, 2017
EXPIRY SESSIONSep 15, 2017
HOLIDAY ADJUSTEDNo
BTC DATA7/7 windows complete
DIRECTIONAL PRIORNone
OBSERVED BTC PATH · COMPLETED DAILY CANDLES

Bitcoin reaction after expiry

HorizonReturnWorst excursionBest excursion
1D+14.65%+10.76%+24.38%
3D+26.14%+6.93%+27.06%
5D+19.13%+6.93%+27.06%
7D+11.34%+6.93%+27.06%
14D+27.89%+6.93%+31.37%
30D+75.17%+6.93%+80.50%
90D+415.31%+6.93%+505.99%

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