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Discover Ludwig"exercise an option" is a correct and commonly used phrase in written English.
It is typically used in the context of financial or legal matters, where a person or entity has the right to choose a certain course of action. Example: After careful consideration, we have decided to exercise our option to purchase the company at the agreed upon price.
Exact(58)
Angels can exercise an option year.
The exact amount will depend on whether the underwriters fully exercise an option to buy Palm shares.
Last month, the Bank of Ireland decided to exercise an option requiring Royal Bank to buy the stake.
Should Verizon manage to open its local telephone markets within the next five years, it would be able to exercise an option to control 80percentt of Genuity.
That deal envisioned several outcomes, but the most likely is that Bertelsmann will exercise an option to sell its stake to AOL in January 2002.
However there could be problems with Chile's Codelco, which wanted to exercise an option to buy a 49% shareholding in Anglo's assets in the country.
The union is expected next month to exercise an option in the current labor agreement to extend the contract until the end of the 2001 season.
Nevertheless, he is due $4.5 million if the team chooses to exercise an option on the remaining two years of his contract.
The agreement gave FE Partners the right to exercise an option to purchase the yacht for $7.8m in the event of a default.
The mutual's annual report revealed it has the right to exercise an option from September under which the travel agent must buy the mutual's 30% stake for £50m.
SOCCER Major League Soccer NEW ENGLAND REVOLUTION--Announced they will not exercise an option on MF Leonel Alvarez for the 2002 season.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com