  We theoretically analyze a scheme for fast stabilization of arbitrary qubit
states with high fidelities, extending a protocol recently demonstrated
experimentally [Lu et al., Phys. Rev. Lett. 119, 150502 (2017)]. That
experiment utilized red and blue sideband transitions in a system composed of a
fluxonium qubit, a low-Q LC-oscillator, and a coupler enabling us to tune the
interaction between them. Under parametric modulations of the coupling
strength, the qubit can be steered into any desired pure or mixed single-qubit
state. For realistic circuit parameters, we predict that stabilization can be
achieved within 100 ns. By varying the ratio between the oscillator's damping
rate and the effective qubit-oscillator coupling strength, we can switch
between under-damped, critically-damped, and over-damped stabilization and find
optimal working points. We further analyze the effect of thermal fluctuations
and show that the stabilization scheme remains robust for realistic
temperatures.
