Scorpio Bulkers president Robert Bugbee is hoping his hot hand with "call options" on the group's public tanker company will extend to the shares of its bulker sister.
Bugbee has snapped up options on 730,000 shares of the New York-listed owner at a strike price of $3 and expiration in December, paying a total consideration of $900,000.
The purchase puts Bugbee's breakeven price at $4.23
