option

/ˈɑpʃən/
noun
  1. A choice or something that can be chosen.
    • You have the option of taking the bus or walking.
    • The menu offers several vegetarian options.
    • She kept her options open and applied to multiple colleges.
  2. A right to buy or sell something at a specific price within a certain time period, especially in finance.
    • He bought a stock option that allowed him to purchase shares next month.
    • The company offered employees options to buy company stock.
    • Trading options can be risky if you don't understand the market.
Antonyms
verb
  1. To buy or sell the right to buy or sell something in the future.
    • They optioned the land for development next year.
    • The author optioned her book to a publisher for a possible series.
    • The studio optioned the novel to turn it into a movie.
What does "option" mean? | whatsthatwordmean | whatsthatwordmean