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 13, 2021
EXPIRY SESSIONSep 17, 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 | +1.18% | -1.47% | +2.25% |
| 3D | -9.93% | -11.00% | +2.25% |
| 5D | -8.75% | -17.07% | +2.25% |
| 7D | -10.27% | -17.07% | +2.25% |
| 14D | +0.86% | -17.07% | +2.25% |
| 30D | +28.84% | -17.07% | +31.74% |
| 90D | -0.25% | -17.07% | +44.49% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.