San Diego Chargers Draft: Trade up/down, stay put?

May 8, 2014; New York, NY, USA; Jason Verrett (TCU) poses for a photo with commissioner Roger Goodell after being selected as the number twenty-five overall pick in the first round of the 2014 NFL Draft to the San Diego Chargers at Radio City Music Hall. Mandatory Credit: Adam Hunger-USA TODAY Sports
Should the San Diego Chargers trade up/down or stay put in the draft?
There are so many different approaches to the NFL draft. First there are teams that draft purely off the big board, whereas others draft based purely off team needs. If the Chargers are looking to make the most of the upcoming 2015 draft, they could take one of three avenues.
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The first, if basing off team needs, being they could see it fit to trade up for the best in their respective position. On the flip side, the second avenue could also be that the Chargers see the value in trading down to acquire another mid to late round pick while still getting a value player at a needed position. The third and final approach would be finding the overall highest rated player on their board to select with the 17th overall pick.
Keep in mind the Chargers have traded up on multiple occasions in recent history to select players they truly coveted. Examples: Manti Te’o, Ryan Mathews, Jerry Attaochu
So what would each of those scenarios look like? What is the difference in talent between the approaches?
Here is a run-down of what that very well could look like with two options for each of those scenarios.