$STNG Quick timeline of Bugbee’s recent purchases: ————————————————————- - Sept 24, 2020: 2,000 x Apr ‘21 $12C, $457k (profit of $740k) - May 25, 2021: 5,000 x Jan ‘21 $25C, $1.5m (expired worthless) - Aug 9, 2021: 10,000 x Jan ‘22 $14C, $2.7m (expired worthless) - Aug 16, 2021: 500 x Jan ‘23 $15C, $230k (currently +$382k) - (The week of Aug 9th, he bought another set but I can’t find the info. He bought $3.5m worth of options that week) - May 10, 2022: 2,201 x Jan ‘23 $15C, $2.49m (breakeven of $26.30, already up 8.5% or $200k) ——————————————————————— Currently he’s down like ($3.3m) from his option purchases. Couple questions… 1. Where was this buying when we were at rock bottom 3 months ago? 2. And more importantly, what is this guy’s salary? Because holy shit he loves to gamble.
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