optionality

/ˌɑpʃəˈnæləti/
noun
  1. The state or quality of having choices or options available; the ability to choose between different possibilities.
    • The flexible ticket policy provides travelers with greater optionality when plans change.
    • Investors value optionality because it allows them to adapt to changing markets.
    • Having multiple job offers gave her a lot of optionality in her career.