At school we were persuaded to follow through the proof, that for maximum range of a projectile, the launch angle should be 45 degrees, (as has already been reported, so practice seems to confirm the maths).
As soon as you add wings, the lift / drag ratio intrudes into the maths and aerodynamics
The propulsive effort on is based on the pressure difference between the contents of the bottle and the atmosphere outside, so maximum range, I would suggest maintaining that force at as high a level as possible greater than the drag forces.
This seems to have happened already judged by the structural failures!
The optimum would seem to be just strong enough to withstand the drag and lift forces, so the aim should be to minimise drag from any source, whether shape, surface finish, aerofoil section or angle of incidence.
Less parasitic drag ought to allow a reduced angle of incidence, and so less drag from theat source. Could be a virtuous circle, but don't believe in perpetual motion or anything like that1