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 12, 2022
EXPIRY SESSIONSep 16, 2022
HOLIDAY ADJUSTEDNo
BTC DATA7/7 windows complete
DIRECTIONAL PRIORNone
OBSERVED BTC PATH · COMPLETED DAILY CANDLES

Bitcoin reaction after expiry

HorizonReturnWorst excursionBest excursion
1D+2.08%+0.23%+2.43%
3D-0.83%-7.35%+2.43%
5D-6.30%-7.87%+2.43%
7D-2.12%-7.87%+2.43%
14D-1.41%-7.87%+3.45%
30D-2.23%-7.98%+3.94%
90D-11.90%-21.54%+9.01%

Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.