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 WINDOWMar 16, 2020
EXPIRY SESSIONMar 20, 2020
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 | +0.20% | -5.42% | +4.59% |
| 3D | +4.92% | -8.21% | +7.35% |
| 5D | +8.16% | -8.21% | +12.88% |
| 7D | +3.01% | -8.21% | +12.88% |
| 14D | +8.98% | -8.21% | +17.88% |
| 30D | +15.27% | -8.21% | +20.69% |
| 90D | +51.56% | -8.21% | +68.57% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.