Bugbee bets on Scorpio Tankers in another options deal

Scorpio Tankers president Robert Bugbee has again demonstrated his confidence in an upside for the company's shares with another options deal.

Bugbee has bought call options on 210,000 shares for $649,000, the company said.

Of these, 150,000 have a strike price of $20 and expire in January 2022, while the rest have a strike price of $25, but expire a year later.