re: Would you trade 14, 45, and Penning to move up to 5 for Alt?

And surely you must be targeting a WR at 5 then right? Because the moment you trade Olave away your WR room becomes shite.
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The Saints have two tradable assets that they could use to move up in the draft to aquire a higher puck plus additional mid round picks. Olave and Lattimore. Lattimore contract and the implications to the salary make it impossible for the Saints to use him as trade bait. Olave is on his rookie deal entering year three of his professional football career.

With all the free agents the Saints have brought in this off-season it would be a logical move to give up Olave to get tge 5th puck of tge first round of the draft plus a high third and 4th tound puck in return. We might even be able to get a future second round pick in 2025 also.

We draft OT from ND with the pick from the Chargers and draft the WR Franklin from Oregon in the second round to replace Olave.

We could aquire the 5th pick from the Chargers with the additional midround picks and still move down to the 7th draft the OT from Penn State and get even more mid round picks in exchange for moving from 5 to 7.

Buffalo would possible give us picks 28 for Olave along with a 3rd and 4th round pick in the 2024 draft plus a second rounder in 2025.

As fir moving down we keep Olave and move back to either picks 17,18, 19, or 20 and get a third rounder in return for making the move. If we are lucky we could also get a 4th round pick as also.