Scorpio Tankers president Robert Bugbee is once again putting his own money behind a bet on his company's stock.
And this wager is a fairly large one, as Bugbee is splashing out $1.279m to buy options on 275,000 common shares, or 2,750 call option contracts. The strike price is $16, with an expiration date of October 2021.
Scorpio shares closed on Monday at $18.29,
