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 17, 2018
EXPIRY SESSIONDec 21, 2018
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 | -2.33% | -7.00% | -1.73% |
| 3D | -1.01% | -7.00% | +4.02% |
| 5D | -6.51% | -9.80% | +4.02% |
| 7D | -4.60% | -12.47% | +4.02% |
| 14D | -6.25% | -12.47% | +4.02% |
| 30D | -13.23% | -14.58% | +4.02% |
| 90D | -2.52% | -18.10% | +4.02% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.