I would drill it, center punch it first, and heat the stud, till it's hot enough to melt a beeswax candle against it. Drill with about 1/8 pilot bit first, then go to the correct size LH bit for the stud. Usually they break loose, just as the bit breaks through the other side of the stud. If not, then you can try a spline type ez-out I like the blue-point ones. When you try the easy out, try tightening just a little, if you feel a slight movement, then reverse direction, and spray liberally with your favorite penetrating oil, and keep moving it forward and back. Eventually you can back it out most of the time. Don't break the easy out by using an impact, or too much torque. If it feels like it ain't moving, heat and wax, again, and walk away overnight, and try again.
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