Ya, first try backing off on total timing. I'd lose the vacuum advance, if you have it.
Run a cooler thermostat will also decrease cylinder pressure slightly.
Goal is to prevent knocking.
A little octane boost can help, instead of messing with timing, perhaps.
And, as mentioned, a cam with more duration can help as well.
NGC makes plugs for diff compression ratios too!
Less aggressive timing curve can also help!!
Basically, don't spent a lot of money for a situation that may have easy solutions. And if not a daily driver,
maybe live with it, and enjoy the more power! Octane boost at Walmart ain't very expensive!