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 WINDOWDec 13, 2021
EXPIRY SESSIONDec 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 | -1.63% | -4.45% | -0.56% |
| 3D | -1.49% | -4.45% | +1.51% |
| 5D | +2.05% | -4.45% | +4.12% |
| 7D | +6.75% | -4.45% | +8.91% |
| 14D | -2.99% | -4.45% | +9.38% |
| 30D | -9.51% | -16.76% | +9.38% |
| 90D | -14.03% | -30.86% | +9.38% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.