4 bet or fold imo. Calling leaves you OOP and if they board isn't favorable, your going to check fold anyway(typical play not saying you in this exact hand). Playing oop in raised pots sux if your just set mining.
As for odds
, most will say you need 8-1 in implied odds. But realisticly you need closer to 15-1, to make for all the times you check fold and the times he's not paying you off when you do hit.
BTW, even if its only been a few orbits, if he perceives you as tight. He'll fold to your 4 bet. If he just calls, you at least have initiative in hand.
And lastly. If he hasn't been proven to 3 bet light before, he's prolly not doing it now( I usually give them credit on their 1st 3 bet, but that's me and is player dependant).