SPY Leaps

Bought PUT Leaps and am currently down 3k. Kind of sweating a little bit and wanted to get some input. Here’s my position: SPY March 19, 2027 $760 Put Bought it for $34 ($20,400 total) Current stock price: $773.82 Current option value: $29 Current P/L: -$2905 (-14%) Delta: .3760 Theta: -0.0637 Vega: 2.25 About 7 months until expiration (March 2027) Bought Put Leaps ITM after SPY had a decent rise thinking its gonna pull back some. The plan was never to hold long, the Leaps was really just to be on the safe side with a good time till expiration. I was going to sell once the underlying dropped like 1% or so. Now im down about 3k already. Are the current stats promising in terms of recovery and going even at the very least.