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 16, 2019
EXPIRY SESSIONSep 20, 2019
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 | -2.93% | -3.48% | -1.02% |
| 3D | -5.66% | -6.48% | -1.02% |
| 5D | -17.88% | -20.59% | -1.02% |
| 7D | -20.25% | -24.94% | -1.02% |
| 14D | -20.62% | -25.05% | -1.02% |
| 30D | -19.84% | -25.05% | -1.02% |
| 90D | -30.42% | -37.42% | +2.58% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.