Option 2 is closer to the actual philosophy and cert requirements.
FADEC or Hydro engine?
FADEC engine will normally tell you that you have exceeded your cumulative limits - but will normally have one shot left in the bag so that you can use it to carry out a landing.
Borescope for damage? I doubt it.
Don't forget that along with the high temp you have possibly bounced up against the MAX Ng stop which is probably more likely in an Arriel.
Exact results may vary.
FADEC engines have higher limits as the control is more precise.
Caveat 2p only.