option-n; 4 Senses

Sense Number 1: a financial derivative to buy or sell stock, or other things, at fixed price.

Commentary: OPTION[+instrument][+financial][+derivative][+buy/+sell]

Examples:
The number of options traded on the Big Board has increased dramatically.
December options on that company are trading at 14 and a quarter.
I bought 100 put options over the Internet on a hot search company.
John must exercise his call option by the end of the day, or it will expire.

Mappings:
WordNet 3.0 Sense Numbers: 1

Sense Number 2: a set of choices or alternatives

Commentary: OPTION[+set][+member][+alternative]
NOTE: Can occur in the singular or plural

Examples:
So what are our options?
You have five options in floor covering to choose from.
Management's options are to either settle with the union or lose revenue from a strike.

Mappings:
WordNet 3.0 Sense Numbers: 2

Sense Number 3: the act of choosing, picking one among many

Commentary: OPTION[+action][+decision]
NOTE: Occurs only in the singular, refers to an event, not an entity

Examples:
This option for window treatment was Mary's.
John's option of early retirement has worked out well.

Mappings:
WordNet 3.0 Sense Numbers: 3

Sense Number 4: offensive football play

Commentary: OPTION[+action][+decision][+game_play]

Examples:
The halfback dropped the ball before he could make his option play.

Mappings:
WordNet 0.0 Sense Numbers: 4