'options'
[option.n.01] as in: the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited



'options'
[option.n.02] as in: one of a number of things from which only one can be chosen


Examples:
what option did I have?
there no other alternative
my only choice is to refuse



'options'
[choice.n.02] as in: the act of choosing or selecting


Examples:
your choice of colors was unfortunate
you can take your pick



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