I'd try to move Rudi first, but that might be a hard sell. The problem is that you may also lose Henry to suspension in the near future. I'd absolutely keep Parker and Jordan at this point. Maybe you offer Rudi or Henry and a back-up WR, such as Marshall or Berrian.
And yes, I think Holt's numbers will improve as well as Bulger's. If you make the right offer, I think you can upgrade nicely.
The only problem with that is you're speculating Henry will be suspended, and that Young will step in and perform at a relatively high level. There's still some uncertainty there.