Also means
choice
Usage Note
Opción is feminine and pluralizes to opciones. The phrase tener la opción de (to have the option of) is standard. In financial contexts, opción is used for stock options. Opción and alternativa are near-synonyms, but opción implies choosing from a set of possibilities, while alternativa stresses the either/or contrast.
Examples
"No tenemos otra opción que esperar."
Natural Translation
We have no other option but to wait.
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