Robert Bugbee is back for another round of Scorpio Tankers options.

The New York-traded product tanker owner disclosed after the close Tuesday that Bugbee, its president, had bought 315,100 call options with a strike price of $15 for $1.9m.

The options expire in January 2021.

Bugbee wound down 2019 buying three sets of call options on Scorpio Tankers shares, once each in September, October and November for a total of $1.2m