Meaning of the word options in English

What does options mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

options

US /ˈɑp.ʃənz/
UK /ˈɒp.ʃənz/

Plural Noun

1.

choices or alternatives

Example:
We have several options for dinner tonight.
Please consider all your options before making a decision.
2.

the right to buy or sell something at a specified price within a specified period

Example:
He bought stock options in the company.
Trading in financial options can be risky.