Join Date: Aug 2005
Location: Rocket City, No'ala
Bikes: 2014 Trek Domane 5.2, 1985 Pinarello Trevisio, 1991 Colnago Master, '06 Bianchi San Jose, 1987 Moulton Fuso, 1990 Gardin Shred, '82 John Howard(Dave Tesch)
You don't want your right leg any straighter than that so the saddle height is fine.
It would be better to not lock your elbows. After a while, you'll be sore in the neck, shoulders, back.
You could raise the stem a bit. There is a minimal insertion line on the stem; you don't want to see that. Then you could have some bend in your arms without lowering your head and back.
Or, move the saddle forward a bit. That may change the height of the saddle over the cranks a touch so you may have to raise the saddle. Make small changes, one at a time, until you've dialed in the fit.
Otherwise, the bike seems to fit you pretty well.
If no one has told you already, those brake levers you can pull while your hands are on the top part of the handlebars do not work very well. Fine for just tooling around but don't trust them for quick stopping.