(B) Option $(2)$ will keep the water warmer.
According to Newton's law of cooling,the rate of cooling is directly proportional to the temperature difference between the substance and its surroundings,i.e.,$\frac{dT}{dt} \propto (T - T_s)$.
In option $(1)$,the bucket is filled with a mixture of hot and cold water. This mixture has a higher average temperature compared to the surrounding room temperature,leading to a higher rate of heat loss to the surroundings during the $5-10 \text{ min}$ delay.
In option $(2)$,the bucket contains only the hot water (from the geyser) for the duration of the delay. While the hot water itself cools down,the total heat capacity of the system is different,and more importantly,by adding the cold water only at the end,we minimize the time the final mixture spends at a higher temperature relative to the surroundings. Therefore,option $(2)$ results in a warmer bath.