Sold CSP, is this the thetagang way?

Sold a CSP today, can wheel if need be (sold further OTM to decrease likelihood of assignment)

\-1 MSFT 197.5 8/7 ---- Sold for 4.1.

Delta 0.27

Gamma 0.014

Theta 0.16

IV - 40%

Breakeven $193.4

Delta seems on par around .3, received just a tad over 2% (dont know the official term, its premium / strike).

Went a bit shorter at 21dte. I know you guys are strong proponents of 45dte.

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Was this an awful option to sell?

Thanks.