AusBonsai

Hi guys
I got this olive from a closing down sale today for $15 and thought it could make a nice tree with some help. Clearly there is the option for a couple of air layers, but it is the bottom the really court my eye. It has some nice natural movement in the trunk and two good branches to chose from for new leaders.
What would you do?
Any Ideas comments welcome.

P.S the tag says mediterranean midget

I reckon this plant needs the standard response------------keep the lowest small branch for thickening then definite trunk chop or airlayer above the first two major branches--then growpot for 3 years