That was Nebraska's situation against Minny yesterday when they reached 4th down and medium (4 to go?). Their options:
-Punt (which they did) and hope to flip the field position. NU had all of its timeouts, I believe.
-Go for it and hope to keep the ball
-Fake punt: is this a higher-percentage play than just lining up?
-Take the safety and make it a 6-point game, giving you a kickoff instead of a punt
What would you do?
(Edited to add fake punt option.)