option (n.) Look up option at Dictionary.com
c. 1600, "action of choosing," from French option (Old French opcion), from Latin optionem (nominative optio) "choice, free choice, liberty to choose," from root of optare "to desire, choose," from PIE root *op- (2) "to choose, prefer." Meaning "thing that may be chosen" is attested from 1885. Commercial transaction sense first recorded 1755 (the verb in this sense is from 1934). As a North American football play, it is recorded from 1954.