'Financed Vertical' for 3/17/23 Expiration

VALE
Financed Vertical for 3/17/23 Expiration.
While we all wait to see which way the wind is blowing.
This would be an idea that would probably be best served using margin in a trading account for collateral, (as opposed to using $1,200 in cash).

$20 short call
$16 long call
---{share price: $14.42}---
$12 short put

$408 max profit @ share price >$20 at exp.
Credit of $9 (or so) at order execution.
Breakeven @ $11.91 at exp.