Opening (Margin): /MES February 28th 3730/4230 Short Strangle

... for a 44.75 credit.

Comments: Moving into the February 28th (47 DTE) expiry here after pulling off all of my Feb 15th stuff. Selling the 16 delta strikes on both sides. $223.75 max on buying power effect of 868.42; 25.8% ROC at max; 12.9% at 50% max.