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 15, 2021
EXPIRY SESSIONMar 19, 2021
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 | +0.82% | +0.32% | +3.96% |
| 3D | -6.13% | -6.78% | +3.96% |
| 5D | -9.31% | -10.36% | +3.96% |
| 7D | -4.46% | -12.73% | +3.96% |
| 14D | +2.32% | -12.73% | +4.18% |
| 30D | -2.38% | -12.73% | +12.58% |
| 90D | -33.91% | -47.96% | +12.58% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.