"option space" is not a correct part of a sentence in English.
You would not use "option space" in written English. You could use "options," as in, "We have a variety of options to choose from."
Option space is defined by two option-value metrics, each of which captures a different part of the value associated with being able to defer an investment.
Grazing constraints strongly limit the option space.
Figure 2: The biophysical option space in 2050.
Each cell in the option space represents a scenario.
How does option space help us with strategy?
Option Space Is Defined by Two Option-Value Metrics We can use the two option-value metrics to locate projects in option space.
Instead of a garden plot, visualize a rectangle we'll call option space.
Drawing simple circles in the option space also lets us compare strategies.
In option space, as in nature, there are basic laws of time and motion.
Socioeconomic barriers or obstacles to biomass trade, which could result from subsidy systems, tariffs or other regulations, could narrow the options space by rendering more scenarios unfeasible.
The Nasdaq OMX Group competes in the options space as well, having recently acquired the Philadelphia Options Exchange.
