Wow, all of the advice that you got was stupid except for the person who told you to not trade options on stocks below $ 20/sh. The obvious answer is to examine the company itself since you now own 400 shares of it. After that, you make a decision to keep the shares or sell them.
The question asked by the OP was "Help a noob unwind from a position", not "what should I do now that I own 400 shares".
Seriously. When did taking a loss become such a big deal? I've had over 200 losing trades in the past two years. But, so what? I've also had over 400 winning trades in that time. It's a marathon, not a sprint.