In countries like the USA and South Africa, choose #1 because it's a scam, nothing more than a bad flu year if that. The same probably applies to Canada, Mexico, India, and Japan too.

If you're in an affected country like Iran, Italy, Ecuador, Peru, and maybe China then just do some of #2. Keep the old people safe and let the people who just have a 3 day incubation period and a mild cold go out and continue on.