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 12, 2022
EXPIRY SESSIONDec 16, 2022
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 | -3.32% | -4.45% | -3.21% |
| 3D | -5.29% | -6.25% | -2.78% |
| 5D | -3.06% | -6.25% | -1.71% |
| 7D | -3.35% | -6.25% | -1.71% |
| 14D | -4.37% | -6.25% | -1.71% |
| 30D | +20.29% | -6.25% | +22.84% |
| 90D | +44.32% | -6.25% | +52.98% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.