Selling covered calls way below Cost Basis

I've been wondering how you would recommend handling being down something like 40% as a WHEEL option trader. I still believe in the stock and have just been waiting for it to go back up but my main questions has been if I should sell covered calls below cost basis. On the one hand I'd hate for it to get called away at a big loss but on the other hand my thinking is I could just start selling PUTs again if they got called away? this way I'm being paid sort of regardless of stock movement? more about like theta or time? not sure if it's worth it or if I should just relax and might be 6 months or something before I am able to sell calls again above cost basis but just keep it simple? Ticker is RDDT and ACB is probably 230