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 WINDOWJun 14, 2021
EXPIRY SESSIONJun 18, 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 | -6.85% | -8.56% | -4.30% |
| 3D | -17.02% | -17.94% | -4.30% |
| 5D | -11.57% | -24.40% | -4.30% |
| 7D | -17.06% | -24.40% | -4.30% |
| 14D | -11.26% | -24.40% | -3.73% |
| 30D | -16.56% | -24.40% | -3.73% |
| 90D | +25.35% | -24.40% | +38.98% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.