Shares of Rubicon, a maker of LED parts and products, are off $1.70 to 430.10 and option volume is 6x the daily average as the March $30 calls trade 1,538 and the March $40 calls trade 3,130 contracts in an opening ratio spread. The 30s were bought at $6.30 and 40s sold at $2.50. Looks like a bullish 1×2 spread ahead of earnings. The company is set to report on August 5.