option */*/*/

UK [ˈɒpʃ(ə)n] / US [ˈɑpʃ(ə)n] noun [countable]
Word forms "option":
singular option plural options

1) something that you can choose in a particular situation

We've discussed all the marketing options and decided to go for television advertising.

option for:

We have three different options for financing the house.

the option of doing something:

You have the option of walking there or going by bus.

have no option but to do something:

She had no option but to admit the truth.

a viable option (= one that is likely to succeed):

Terrorist leaders concluded that armed resistance was no longer a viable option.

a) an extra feature on a new product such as a car that you can choose to add when you buy it

b) one of a range of things that you can choose to do when you are using a computer program

Choose the "save" option from the File menu.

c) British any course that a student can choose to take, in addition to the courses that they must take

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Collocations:
Verbs frequently used with option as the object ▪  consider, discuss, evaluate, examine, explore, ponder, review, weigh

2) business the right to buy or sell something in the future, for example property or stock in a company

stock options

option on:

The airline has ordered 16 aircraft and has options on another 29.

the option to do something:

If one partner dies, the others have the option to buy back their shares.

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keep/leave your options open — to avoid making a decision now so that you will still have choices later

Flynn hasn't signed with a team yet and says he wants to keep his options open.

soft/easy option — British something that is easy to do but that may not be the best thing to do

Running a restaurant may seem exciting, but it's no soft option.