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 17, 2018
EXPIRY SESSIONSep 21, 2018
HOLIDAY ADJUSTEDNo
BTC DATA7/7 windows complete
DIRECTIONAL PRIORNone
OBSERVED BTC PATH · COMPLETED DAILY CANDLES

Bitcoin reaction after expiry

HorizonReturnWorst excursionBest excursion
1D+3.30%+2.08%+5.08%
3D+1.37%+0.97%+5.08%
5D-0.58%-2.66%+5.08%
7D+1.95%-2.66%+5.08%
14D+1.55%-2.66%+5.08%
30D-1.19%-7.08%+5.08%
90D-37.24%-51.81%+5.08%

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