I can see that your wisdom tooth in bottom Jaw is stuck in bone. Looking at the position it's unlikely that it will come out on its own.
The position of red spot / ulcer depicts that there may be an opposing wisdom tooth which is growing towards the cheek and when you bite or eat food, opposing tooth touches on the gums leading to ulcer. So if upper wisdom is titled it's contouring/ removal will prevent ulcer formation in future.
Next Steps
salt water rinses (4-5 times) a day
apply Hexigel ointment after rinsing with warm water post meals for 2 min and wait for 15-20min. Don't rinse. In a week's time this should subside
Health Tips
Avoid hard crusty food items
Use opposite side for eating