Today, I would like to make one more suggestion. And it is going to be an outright stock purchase.
I do believe the risk on this position is small because it is trading just above the lower band on the daily chart.
The stock is ProAssurance Corp. (PRA).
PRA does not have weekly options, but I am not going to suggest you sell calls against the position at this time.
As I write this, PRA is trading around $14.27.
My suggestion is to buy PRA at the market.
Based on the nominal portfolio, limit the stock buy in to 400 shares or 5.7% of the portfolio.