Yes, there is a stud remover that doesn't damage the threads. It's made by the folks at Snap-on, and is CG500. Comes with collets for 3/8-24, 7/16-20, and 1/2-20. Works like a charm, but a new one carries a hefty price tag. I bought one a while ago, so the pain of the high price has faded. Perhaps you can find one on eBay?
The studs in your hand are not keeping the head from coming off. Of course, if the stud is frozen in the head, the remover has the capability of twisting it off. But then you know and can drill it out.
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