What are 5 options you have after hitting a ball into a lateral hazard?

After hitting a ball into a lateral hazard, you have five options:

1. Play the ball as it lies, if possible, within the hazard.
2. Take a drop within two club lengths of where the ball last crossed the hazard boundary, no closer to the hole.
3. Use the point where the ball crossed the hazard to drop back on a line extending from the hole, also no closer to the hole.
4. Return to the original spot and replay the shot, incurring a stroke penalty.
5. If allowed by local rules, you may declare the ball unplayable and take a drop, with a stroke penalty, either within two club lengths or back on the line from the hole.