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 16, 2019
EXPIRY SESSIONDec 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 | -0.09% | -0.69% | +0.57% |
| 3D | +2.26% | -0.69% | +7.55% |
| 5D | +0.60% | -0.69% | +7.55% |
| 7D | +1.35% | -1.34% | +7.55% |
| 14D | +2.59% | -4.12% | +7.55% |
| 30D | +21.66% | -4.12% | +28.62% |
| 90D | -13.47% | -46.04% | +47.19% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.