Opening new $PEP position

With IVR of Pepsi still above 50 (pepsi posted earnings last week), I am opening a new position in this stock. I am selling a strangle with Exp Day 16/12, strikes 155 Put and 185 Call, giving a net credit of $3.59

This position is complete delta neutral and adds a daily theta of $8 bringing the portfolio theta total at $176.

Looking forward to manage at 50 % Max profit.

Cheers