Rolled Forward 1 Covered Call on SESN; Potential Income loss 58% in 168 days

On November 19, 2021, I rolled forward 1 covered call on SESN stock with a new expiry date on January 21, 2022. For this trade, I got $7 (after commissions)

Originally this trade was opened on August 9, 2021, as a credit spread.

Here is the trade setup:

• BOT 1 SESN NOV 19 '21 1 Call Option 0.14 USD

• SLD 1 SESN JAN 21 '22 1 Call Option 0.26 USD

What happens next?

On the expiry date, January 21, 2022, SESN is trading under $1 per share -  options expire worthlessly and I keep premium - if SESN trades above $1 on the expiry date, my 100 shares will get called away and I will get $100

My new break-even price for this trade: $1.58 (in case my shares will get called away I will lose $58 in this trade)

Let’s hope the company doesn’t file for bankruptcy (but this doesn’t seem the case). I guess it might take about one year sitting in this trade and hopefully breaking even. Will see.