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 11, 2017
EXPIRY SESSIONDec 15, 2017
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 | +17.32% | +5.26% | +18.19% |
| 3D | +13.67% | +5.26% | +18.76% |
| 5D | -1.51% | -16.41% | +18.76% |
| 7D | -15.16% | -37.91% | +18.76% |
| 14D | -13.04% | -37.91% | +18.76% |
| 30D | -18.47% | -37.91% | +18.76% |
| 90D | -50.69% | -64.94% | +18.76% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.