Commit To Purchase Atmus Filtration Technologies At $27, Earn 360.5% Annualized Using Options

Investors eyeing a purchase of Atmus Filtration Technologies Inc (ATMU) shares, but cautious about paying the going market price of $30.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $27 strike, which has a bid at the time of this writing of $4.80..