Ipo calendar for this week

**TL;DR 🏁** • The single-stock options market is flagging **Levi Strauss (LEVI), Constellation Brands (STZ), Walgreens Boots Alliance (WBA), BigBear.ai (BBAI) and Cipher Mining (CIFR)** as the names with the largest *implied* one-day swings for Thursday, 3 July. • This holiday-shortened week’s U.S. IPO calendar remains sparse—only **Indigo Acquisition (INACU)** priced, while design-software darling **Figma** and U.K. fintech **Starling Bank** are on file but *not* expected to price before next week. 🌱 --- ## 1 | Stocks primed for outsized moves on 3 July (Thur) | Rank | Ticker | Catalyst | IV-Implied Move* | Why it matters **tomorrow** | |------|--------|----------|------------------|-----------------------------| | 1 | **LEVI** | Earnings (after-close) | **±7.2 %** | Denim demand + FX headwinds; short interest ~9 % of float adds optional “squeeze” fuel | | 2 | **STZ** | Earnings (BMO) | ±6.4 % | Watch beer vs. wine margins; mgmt Q&A often swings the tape | | 3 | **WBA** | Earnings (BMO) | ±5.8 % | Turnaround chatter + pharmacy reimbursement pressures; 50 % y-to-d drawdown➡️low bar | | 4 | **BBAI** | Meme-level call-buying | ±5.5 % | AI-for-defense contract update expected at 10 a.m. ET webcast | | 5 | **CIFR** | BTC-price sensitivity | ±5.4 % | Every 1 % Bitcoin move = ~1.5 % beta; U.S. equity market closed Fri → crypto gap risk | \*Derived from at-the-money straddle pricing for the 5 July weekly options, as of 2 Jul 16:00 ET. **How to trade it 🛠️** 1. Straddle/strangle‐buyers need > IV-move to breakeven; consider selling wings against the long legs to cut theta burn. 2. Stock-only players can use the implied move as an “expected range”: e.g., STZ 3 Jul ±6.4 % ⇒ ~$262–298 corridor. 3. Be mindful of half-day liquidity—U.S. equity markets close at 1 p.m. ET on Thu; option greeks decay faster. --- ## 2 | U.S. IPO calendar (week of 30 Jun–4 Jul 2025) | Expected Day | Symbol / Exchange | Size & Price | Business | Status | |--------------|-------------------|--------------|----------|--------| | Tue 1 Jul | **INACU** / Nasdaq | 10 M units @ $10 | Blank-check (targeting profitable mid-caps) | **Priced & trading** | | — | **Figma** / NYSE (tbd) | Est. ≥$1 B | Collaborative design platform | Filed S-1; *road-show kicks off 7 Jul* | | — | **Starling Bank** / Nasdaq | Est. $600 M ADS | U.K. digital bank | Kick-off meeting delayed to mid-July | **Quick reads 📰** • INACU is a SPAC; shares typically hug the $10 trust value until a merger target is named. • Figma’s deal is the headline grabber, but books won’t open until after the 4 July break. • No Chinese micro-caps or biotech nanocaps are on the docket—underwriters prefer to avoid the thin-volume holiday window. --- ## 3 | Market backdrop heading into Thursday 1. **Over-bought but bid:** SPY closed 4.3 % above its 20-day SMA, RSI > 80—sets up for a “digestion” day. 2. **Macro driver:** Weekly Jobless Claims (8:30 a.m. ET). A miss could cool rates and keep growth stocks levitating. 3. **Liquidity wrinkle:** Early close means any post-10:30 a.m. ET move can be exaggerated; exits are narrower than usual 😬. --- ### Final thought 🤔 A thin, pre-holiday session often amplifies stock-specific catalysts—earnings beats (or misses) can punch well beyond their *normal* range while the macro tape naps. Plan entries and, more important, exits *before* the opening bell. Good luck out there, and may your trades fire like Fourth-of-July fireworks! 🎆📈