Comment
⋅ Here's a slight variation with a larger credit, as well as add'l profits to start hitting earlier at share price $17.50 (10% from current price).
$12.5 Put 3/17/2023 Exp • Sell -$0.85
$17.5 Call 3/17/2023 Exp • Buy $1.38
$20 Call 3/17/2023 Exp • Sell -$0.75
Total Credit $0.22
Max Profit +$273.00 @ $20 (change in share price: +25%).
Breakeven $12.27 (change in share price: -23%).