Lubrizol (LZ) call volume rose to 5X average Wednesday, with offer side buyers on wide spreads in both the February $75 and $80 calls, the uppermost strike. Lubrizol is set to report earnings on February 4th, and unusual call buying has been seen before big pops in the stock a couple times this year. The specialty chemical producer trades 10X cash flow and 4.6X cash value. Lubrizol is an ultimate play on the economic rebound with manufacturing activity picking up, as it’s additives are used by industrial firms, and it also provides additives to the oil industry. The chart shows an ascending triangle breakout to new highs.