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 14, 2020
EXPIRY SESSIONSep 18, 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 | +1.25% | -0.47% | +2.16% |
| 3D | -4.81% | -6.98% | +2.16% |
| 5D | -6.47% | -7.39% | +2.16% |
| 7D | -2.31% | -7.39% | +2.16% |
| 14D | -3.39% | -7.39% | +2.16% |
| 30D | +5.21% | -7.39% | +7.24% |
| 90D | +108.58% | -7.39% | +117.27% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.