Advice on a couple of MY spreads

Investor summaryBearish

Trader seeks advice on managing significant losses in MU June put credit spreads, fearing year-to-date gains erosion.

Bear points

The trader is holding short put positions that are deeply underwater, indicating the stock price has dropped below their strike prices.
Significant unrealized losses ($17k total) suggest negative price momentum for MU in the recent period.

MU半导体

Post body

I’m looking for advice and options on some MU spreads. All expiring June 12

\- 6x 975 / 915 put spreads (already 8k in the red)

\- 8 x 995 / 960 put spreads (9k in the red).

These are already threatening to wipe out a large % of gains this year. What would you do on Monday?

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