... for a 2.64/contract credit.
Notes: A bet that TLT doesn't move much with no upside risk (the credit received exceeds the max risk of the two-wide short call vertical) and a downside break even of 157.36 (the short put strike minus the credit received). Additionally, even if it blows through the long call strike at 172, the credit received exceeds the max risk of the call side by .64, so I could still make money if that happens.
Will look to take profit at 50% max.