Managing protective long call options

I didn’t really know where else to post this so I decided to post it here

I currently have a medium to large Ish short position in MLTX
Against this position, I have over-written short put options in the past five months and slowly added to my short on spikes. I adjusted for premium. My cost basis on the short is equal to being short from 22 or $23 roughly.

Most recently, I realized that there is a remote chance that this company could do well so I decided to buy back month Call options specifically the June 20 strike calls and slightly more than my notion short.

Today’s news wasn’t really the news I thought would drive the stock up, but nevertheless, it has caused my options to appreciate. As would be predicted the volatility in the front month has come down a bit and the June has remained fairly stable.

My view on the stock is that the BLA should not move the price much and the stock will hover around here and decline into June. Therefore I’m thinking of selling the 20 and 22.5 call options in the next couple of days in order to recoup my outlet for the 20 strike in June. Of course the danger of this is that a sudden rip up will basically make it so I give away all the extra time value in the June contracts.

If you were in my position, what would you do with your protective leg? I was thinking of trying to recoup the outlay as much as possible for the protective leg by selling front month or is this stupid and I should sell other contracts obviously adjusting my time horizon around upcoming catalysts.

Moreover I have a lot of over written short puts on from 12.5 to 16 strikes expiring this month (about 50 total contracts). I could roll these out in smaller size too

Tyia sorry for the long post.