What is the use of ibdata1 file in mysql?
In My Opinion you should use your solution1.

I am not very clear with what you will accomplish with the solution2 and solution3. with innodb_file_per_table OFF because they will never shrink the ibdata size whenever there delete,drop or truncate on an InnoDB table so using these option your ibdata will grow endlessly.

For your information have a look at this way to reduce the size of ibdata in mysql.?

without using  innodb_file_per_table, the ibdata file never compresses or shrinks, Not when you delete a row, drop a table, or a database. In no time, 3GB of data can become a 20GB file if you have an active queuing system.

Have a look why to use innodb_file_per_table : Reasons to use innodb_file_per_table.