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Scorpio Tankers' Bugbee buys 2K call option contracts for $450K

Nov. 19, 2019 6:18 PM ETScorpio Tankers Inc. (STNG) StockSTNGBy: Carl Surran, SA News Editor29 Comments
  • Scorpio Tankers (NYSE:STNG) +2.2% after-hours on news company president Robert Bugbee purchased call options on 200K STNG common shares with a $32 strike price and a January 2020 expiration.
  • Bugbee paid $450K in the transaction.
  • STNG shares have gained 84% YTD but have dropped off their YTD high of $36.85 achieved in the middle of last month.

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